@jmski52 said:
Silver is nowhere near the top of its range.
@blitzdude said:
Gutters back at $25. Looks like it's been there about 15 different times since mid 2020. Groundhog day all over again. RGDS!
The smart groundhogs are taking some profits and will buy back at the next good dip. That's how you turn gutter metal into money metal. That's how it's done grasshopper.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@blitzdude said:
Gutters back at $25. Looks like it's been there about 15 different times since mid 2020. Groundhog day all over again. RGDS!
Yes. And despite the cost of silver , the returns are better with copper wheat cents, if you must know. you can double your money.
Aluminum cans be free money. Well, a guy has to pick them up. And that’s like work. Never mind that. I don’t want to suggest laboring for money. Oh yeah….it is what we mere peasants do.
On a side note: God rest ye Charlie Munger. Condolences to his friends and family (Warren Buffett & co.)
@blitzdude said:
Gutters back at $25. Looks like it's been there about 15 different times since mid 2020. Groundhog day all over again. RGDS!
Will you keep calling it gutter when it is over $30 next year?
It's 1/81th the price of the Au for cripes sakes. It could go to $100 but one things for certain, it always ends up right back in the gutter. This time will be no different. One would be better off investing in boat anchors. RGDS!
@blitzdude said:
Gutters back at $25. Looks like it's been there about 15 different times since mid 2020. Groundhog day all over again. RGDS!
Will you keep calling it gutter when it is over $30 next year?
It's 1/81th the price of the Au for cripes sakes. It could go to $100 but one things for certain, it always ends up right back in the gutter. This time will be no different. One would be better off investing in boat anchors. RGDS!
investing in something at $25 and then watching it go to $100 sounds like a better investment than boat anchors.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@blitzdude said:
Gutters back at $25. Looks like it's been there about 15 different times since mid 2020. Groundhog day all over again. RGDS!
Will you keep calling it gutter when it is over $30 next year?
It's 1/81th the price of the Au for cripes sakes. It could go to $100 but one things for certain, it always ends up right back in the gutter. This time will be no different. One would be better off investing in boat anchors. RGDS!
investing in something at $25 and then watching it go to $100 sounds like a better investment than boat anchors.
Gutters not going anywhere near $100. It was a hypothetical. You of all people should know this. You've been hoarding those green boxes for a decade plus. Dead $$$. At least the boat anchor has a purpose. THKS!
@blitzdude said:
Gutters back at $25. Looks like it's been there about 15 different times since mid 2020. Groundhog day all over again. RGDS!
Will you keep calling it gutter when it is over $30 next year?
It's 1/81th the price of the Au for cripes sakes. It could go to $100 but one things for certain, it always ends up right back in the gutter. This time will be no different. One would be better off investing in boat anchors. RGDS!
investing in something at $25 and then watching it go to $100 sounds like a better investment than boat anchors.
Gutters not going anywhere near $100. It was a hypothetical. You of all people should know this. You've been hoarding those green boxes for a decade plus. Dead $$$. At least the boat anchor has a purpose. THKS!
@ current $25 those decade old buy prices are turning a nice profit. focus on profit, not losses.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Just make sure you have a rope attached to your boat anchor.
When friends use your boat and grab anchors to pitch over the side without checking if a rope is connected...
Anchors aren't worth anything on their own.
@blitzdude said:
Gutters back at $25. Looks like it's been there about 15 different times since mid 2020. Groundhog day all over again. RGDS!
Will you keep calling it gutter when it is over $30 next year?
It's 1/81th the price of the Au for cripes sakes. It could go to $100 but one things for certain, it always ends up right back in the gutter. This time will be no different. One would be better off investing in boat anchors. RGDS!
You should take your own advice.
Come out of the woodshed once in a while and quit constantly obsessing over something you hate so much.
Boat anchors are an amazing investment. FYI boat anchors are what non-collectors (spouses ) call old cast iron sewing machines. Some people love them and collect them and like I said, amazing. You can buy one that was abandoned and beat up for only about $50! Then you can spend hundreds of dollars and hours cleaning and fixing and rewiring etc. and then you can sell it for a cool $50! Way better than gutter.
Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.
@blitzdude said:
Whatever you say then how bout the price of gutter is down $30 in the last 13 years?
PS: I'm still buying gold. RGDS!
Me, too.... but you could do another strike thru to $18 if you're that bearish. Reality is more like $25.
What did you say about $25?
I say at about this time, in my life ( as short as all of our lives actually are ) that the floor should be $25. and if it were my thread and i controlled the narrative, my strike through edits would not be so far off reality + current conditions. The OP has the joystick. That is all I can say. For a day or so when it nearly blew thru to $26, it was edited to reflect reality. However, joystick dude likes to poke the bear when there is no bear. Only bull. Blitzdude thinks the floor is $20. Different thesis.
@blitzdude said:
Whatever you say then how bout the price of gutter is down $30 in the last 13 years?
PS: I'm still buying gold. RGDS!
Me, too.... but you could do another strike thru to $18 if you're that bearish. Reality is more like $25.
What did you say about $25?
I say at about this time, in my life ( as short as all of our lives actually are ) that the floor should be $25. and if it were my thread and i controlled the narrative, my strike through edits would not be so far off reality + current conditions. The OP has the joystick. That is all I can say. For a day or so when it nearly blew thru to $26, it was edited to reflect reality. However, joystick dude likes to poke the bear when there is no bear. Only bull. Blitzdude thinks the floor is $20. Different thesis.
They don't call it gutter metal for nothing. May have to strikethru it back to the teens. LOL RGDS!
@jmski52 said:
He lives away from the city, raises chickens and buys gold, but oh no - no bunker mentality there.
Wants to sell his monster boxes at a 29%% premium to spot. I wonder what premium he puts on gold in a trade?
I live in gods country and raise livestock just like millions of other people. What on earth does that have to do with being a bunker dwelling doomsdayer? The sky is not falling. America is great, the dollar is strong and the economy is BOOMIN.
When someone says the word "treasure", I don't think about a Walter White barrel of greenbacks. I think of silver and gold.
That being said, the returns in greenbacks and digital numbers in the stock market Roth IRA make holding silver and gold look like a fools investment by comparison. I've been known to be foolish sometimes.
Just bought some gutter metal. Needed the '22s, '23s and '24s for the Danscos. First gutter purchase since 9/2021. Nothing like getting ripped off. LOL!
@blitzdude said:
Just bought some gutter metal. Needed the '22s, '23s and '24s for the Danscos. First gutter purchase since 9/2021. Nothing like getting ripped off. LOL!
I just got a free (limit of one) 2024 ASE from bullion exchanges. Had to spend $199 on other items to get free shipping.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I know @blitzdude is all "gold or bust" and all but I don't think over $300 for one teeny little dime sized(?) 1/10 oz gold eagle (the cheapest way to buy gold that you can collect years of) would be nearly as much fun as say, adding a few silver eagles (I'm only missing 86, 95, 96, 98) or maples I don't yet have or get some good HONEST money (silver dimes/quarters/halves) or even get started on late 80s silver eagle proofs (in OGP of course)! I mean it's just like any hobby, it should be fun right? There's just way too much of the Metal of Yukon Cornelius to check off my list!
If you want cheap gold and have to do fractional, you should take a peak at 2 and 2 1/2 Mexico pesos. They’re beautiful coins and have less premiums than 1/10 AGEs.
Gold and silver both have upside potential. Combining a little of each will help to offset the volatility of silver while still being able to benefit from silver's tendency to spike higher in a market runup.
I'd go with 75% silver and 25% gold if I were just starting out on a limited budget.
Stick with recognizable coins that have a ready market when you come to sell, and keep enough cash on the side to weather any downturns. You don't want to sell under pressure at any future date.
Q: Are You Printing Money? Bernanke: Not Literally
If you want cheap gold and have to do fractional, you should take a peak at 2 and 2 1/2 Mexico pesos. They’re beautiful coins and have less premiums than 1/10 AGEs.
That's crazy...I haven't even started on silver libertads yet!!
@blitzdude said:
As they say $30 is the new $15. RGDS!
FED likely to also make $45 the new $30.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I don't understand how people complain about the price of silver. Especially here.
Like what are you guys buying that you're losing money on? Are you not buying below spot at estate sales, not reselling collector pieces, just buying bars at spot and sitting them in a basement somewhere?
It's the easiest thing in the world to get a good deal and see deeper value in things and resell them quick so you can buy more silver as soon as possible. And if you don't know how to do this, you can watch videos on YouTube for free, and learn all of that in like 20 minutes.
It's unfathomable to me that someone would buy 100kg of silver at $30/oz, lock it away and then be mad it goes down. No kidding you're losing money - you're doing it wrong. It's clear this is a personal problem and not a market or silver problem.
@Azurescens said:
I don't understand how people complain about the price of silver. Especially here.
Like what are you guys buying that you're losing money on? Are you not buying below spot at estate sales, not reselling collector pieces, just buying bars at spot and sitting them in a basement somewhere?
It's the easiest thing in the world to get a good deal and see deeper value in things and resell them quick so you can buy more silver as soon as possible. And if you don't know how to do this, you can watch videos on YouTube for free, and learn all of that in like 20 minutes.
It's unfathomable to me that someone would buy 100kg of silver at $30/oz, lock it away and then be mad it goes down. No kidding you're losing money - you're doing it wrong. It's clear this is a personal problem and not a market or silver problem.
Like they always say, welcome to the gutter. RGDS!
Way to cherry pick your dates there Jim. Au is at all-time highs; gutter metal is half its highs.
No cherrypicking. Note that I posted the same data back in December, and silver has outperformed gold since then. I was making a simple observation. If that's a problem for you, sorry.
Since you may be visually or alphabet-challenged, please not that my name isn't jim. jmski doesn't spell "jim".
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: Way to cherry pick your dates there Jim. Au is at all-time highs; gutter metal is half its highs.
No cherrypicking. Note that I posted the same data back in December, and silver has outperformed gold since then. I was making a simple observation. If that's a problem for you, sorry.
Since you may be visually or alphabet-challenged, please not that my name isn't jim. jmski doesn't spell "jim".
I realize you be sad because everything else on planet earth is BOOMIN....everything 'cept yer gutter. You still have time to correct your mistake. RGDS!
"This pattern indicates that a stock was trending upward for sometime and then saw a slow and steady decrease in price where it then leveled out and traded within a channel for a small period of time. Once it leaves this channel it has a slow and steady uptrend where it then forms a handle, where we see the price decrease for a short period of time and then the uptrend spike occurs."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Comments
What did you say about $25?
The smart groundhogs are taking some profits and will buy back at the next good dip. That's how you turn gutter metal into money metal. That's how it's done grasshopper.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Yes. And despite the cost of silver , the returns are better with copper wheat cents, if you must know. you can double your money.
Aluminum cans be free money. Well, a guy has to pick them up. And that’s like work. Never mind that. I don’t want to suggest laboring for money. Oh yeah….it is what we mere peasants do.
On a side note: God rest ye Charlie Munger. Condolences to his friends and family (Warren Buffett & co.)
What did you say about $25?
Will you keep calling it gutter when it is over $30 next year?
My US Mint Commemorative Medal Set
It's 1/81th the price of the Au for cripes sakes. It could go to $100 but one things for certain, it always ends up right back in the gutter. This time will be no different. One would be better off investing in boat anchors. RGDS!
investing in something at $25 and then watching it go to $100 sounds like a better investment than boat anchors.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Gutters not going anywhere near $100. It was a hypothetical. You of all people should know this. You've been hoarding those green boxes for a decade plus. Dead $$$. At least the boat anchor has a purpose. THKS!
@ current $25 those decade old buy prices are turning a nice profit. focus on profit, not losses.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Just make sure you have a rope attached to your boat anchor.
When friends use your boat and grab anchors to pitch over the side without checking if a rope is connected...
Anchors aren't worth anything on their own.
You should take your own advice.
Come out of the woodshed once in a while and quit constantly obsessing over something you hate so much.
Kitco currently has bid spot silver at $25.22 and SLV is currently at $23.12 - I thought Kitco was the paper spot price of silver, no?
Click on this link to see my ebay listings.
I thought I was throwing the Boat anchor , but accidentally tossed all the Silver overboard...
A tragic Boating accident I say
It's all about what the people want...
Yes, of course.
Understandable mistake with these:
We've all been there brother. RGDS!
And the "roller coaster" ride continues. We may have witnessed the high for this year.
Boat anchors are an amazing investment. FYI boat anchors are what non-collectors (spouses
) call old cast iron sewing machines. Some people love them and collect them and like I said, amazing. You can buy one that was abandoned and beat up for only about $50! Then you can spend hundreds of dollars and hours cleaning and fixing and rewiring etc. and then you can sell it for a cool $50! Way better than gutter.
Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.
sold some Roosevelt dimes
I say at about this time, in my life ( as short as all of our lives actually are ) that the floor should be $25. and if it were my thread and i controlled the narrative, my strike through edits would not be so far off reality + current conditions. The OP has the joystick. That is all I can say. For a day or so when it nearly blew thru to $26, it was edited to reflect reality. However, joystick dude likes to poke the bear when there is no bear. Only bull. Blitzdude thinks the floor is $20. Different thesis.
He lives away from the city, raises chickens and buys gold, but oh no - no bunker mentality there.
Wants to sell his monster boxes at a 29%% premium to spot. I wonder what premium he puts on gold in a trade?
I knew it would happen.
...> @jmski52 said:
Price drop today. I feel like a loner on the buying side, some days.
Happy Friday. Bought more for less, today.
They don't call it gutter metal for nothing. May have to strikethru it back to the teens. LOL RGDS!
I live in gods country and raise livestock just like millions of other people. What on earth does that have to do with being a bunker dwelling doomsdayer? The sky is not falling. America is great, the dollar is strong and the economy is BOOMIN.
And the metal of kings is not for sale. THKS!
When someone says the word "treasure", I don't think about a Walter White barrel of greenbacks. I think of silver and gold.
That being said, the returns in greenbacks and digital numbers in the stock market Roth IRA make holding silver and gold look like a fools investment by comparison. I've been known to be foolish sometimes.
KItco bid prices: Gold @ $2004.50, Silver @ $22.97
GSR = 87.26
(1) Monster Box of ASEs = 5.73 oz of Gold
I knew it would happen.
Funny how when comparing riches to riches there are no bitches
Just bought some gutter metal. Needed the '22s, '23s and '24s for the Danscos. First gutter purchase since 9/2021. Nothing like getting ripped off. LOL!
I just got a free (limit of one) 2024 ASE from bullion exchanges. Had to spend $199 on other items to get free shipping.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Another year (decade) in the gutter.......?
Silver’s Leading the Way… to New Yearly Lows
https://www.fxempire.com/forecasts/article/silvers-leading-the-way-to-new-yearly-lows-1404066
Certainly, can't think that anyone should be surprised. Stack on!
Almost back to $30 gutter metal. It's like 2020 all over again. RGDS!
will you be buying again at $35?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Again? I don't think I've ever bought at $35. My current DCA resides in the $19's. THKS!
I know @blitzdude is all "gold or bust" and all but I don't think over $300 for one teeny little dime sized(?) 1/10 oz gold eagle (the cheapest way to buy gold that you can collect years of) would be nearly as much fun as say, adding a few silver eagles (I'm only missing 86, 95, 96, 98) or maples I don't yet have or get some good HONEST money (silver dimes/quarters/halves) or even get started on late 80s silver eagle proofs (in OGP of course)! I mean it's just like any hobby, it should be fun right? There's just way too much of the Metal of Yukon Cornelius to check off my list!
D's: 54S,53P,50P,49S,45D+S,44S,43D,41S,40D+S,39D+S,38D+S,37D+S,36S,35D+S,all 16-34's
Q's: 52S,47S,46S,40S,39S,38S,37D+S,36D+S,35D,34D,32D+S
74T: 37,38,47,151,193,241,435,570,610,654,655 97 Finest silver: 115,135,139,145,310
73T:31,55,61,62,63,64,65,66,67,68,80,152,165,189,213,235,237,257,341,344,377,379,390,422,433,453,480,497,545,554,563,580,606,613,630
95 Ultra GM Sets: Golden Prospects,HR Kings,On-Base Leaders,Power Plus,RBI Kings,Rising Stars
@Estil
If you want cheap gold and have to do fractional, you should take a peak at 2 and 2 1/2 Mexico pesos. They’re beautiful coins and have less premiums than 1/10 AGEs.
MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940
Gold and silver both have upside potential. Combining a little of each will help to offset the volatility of silver while still being able to benefit from silver's tendency to spike higher in a market runup.
I'd go with 75% silver and 25% gold if I were just starting out on a limited budget.
Stick with recognizable coins that have a ready market when you come to sell, and keep enough cash on the side to weather any downturns. You don't want to sell under pressure at any future date.
I knew it would happen.
That's crazy...I haven't even started on silver libertads yet!!
D's: 54S,53P,50P,49S,45D+S,44S,43D,41S,40D+S,39D+S,38D+S,37D+S,36S,35D+S,all 16-34's
Q's: 52S,47S,46S,40S,39S,38S,37D+S,36D+S,35D,34D,32D+S
74T: 37,38,47,151,193,241,435,570,610,654,655 97 Finest silver: 115,135,139,145,310
73T:31,55,61,62,63,64,65,66,67,68,80,152,165,189,213,235,237,257,341,344,377,379,390,422,433,453,480,497,545,554,563,580,606,613,630
95 Ultra GM Sets: Golden Prospects,HR Kings,On-Base Leaders,Power Plus,RBI Kings,Rising Stars
Still wondering if gutter will ever make and hold $30? As they say $30 is the new $15. RGDS!
FED likely to also make $45 the new $30.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Perhaps time to change back to $25 gutter metal? THKS!
I don't understand how people complain about the price of silver. Especially here.
Like what are you guys buying that you're losing money on? Are you not buying below spot at estate sales, not reselling collector pieces, just buying bars at spot and sitting them in a basement somewhere?
It's the easiest thing in the world to get a good deal and see deeper value in things and resell them quick so you can buy more silver as soon as possible. And if you don't know how to do this, you can watch videos on YouTube for free, and learn all of that in like 20 minutes.
It's unfathomable to me that someone would buy 100kg of silver at $30/oz, lock it away and then be mad it goes down. No kidding you're losing money - you're doing it wrong. It's clear this is a personal problem and not a market or silver problem.
Like they always say, welcome to the gutter. RGDS!
KItco bid prices: Gold @ $2587.7, Silver @ $30.79
GSR = 84.04
(1) Monster Box of ASEs = 5.95 oz of Gold
Looks like silver is winning the race.
Since my post in December:
Gold is up +29.1%
Silver is up 34.0%
blitzdude can blow all the smoke he wants, but the fact is that silver is outperforming gold.
I own almost 5X more gold than silver, so it's not like I'm anti-gold. It's just that silver has much more potential.
I knew it would happen.
Way to cherry pick your dates there Jim. Au is at all-time highs; gutter metal is half its highs. Nobody even wants the stuff. LOL. THKS!
Way to cherry pick your dates there Jim. Au is at all-time highs; gutter metal is half its highs.
No cherrypicking. Note that I posted the same data back in December, and silver has outperformed gold since then. I was making a simple observation. If that's a problem for you, sorry.
Since you may be visually or alphabet-challenged, please not that my name isn't jim. jmski doesn't spell "jim".
I knew it would happen.
I realize you be sad because everything else on planet earth is BOOMIN....everything 'cept yer gutter. You still have time to correct your mistake. RGDS!
Today:
Gold +1.1%
Silver +1.8%
Get used to it.
I knew it would happen.
Only thing I be getting used to is all time highs.
Stack on half-time Jim. RGDS
Silver hanging around this $1000 per kilo price.
Seeking Alpha on cup and handle chart pattern
"This pattern indicates that a stock was trending upward for sometime and then saw a slow and steady decrease in price where it then leveled out and traded within a channel for a small period of time. Once it leaves this channel it has a slow and steady uptrend where it then forms a handle, where we see the price decrease for a short period of time and then the uptrend spike occurs."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Why is it always "the mother of all"?
Knowledge is the enemy of fear