I trade a lot of paper metal and the GSR offers me a third-dimensional option: Instead of being in or out with gold or silver and awaiting a good re-entry point, it gives me a heads up of when to exit one and enter the other. This keeps me off the sideline twiddling a wad of cash. It keeps me fully vested with not so much worry of price ups and downs.
No Way Out: Stimulus and Money Printing Are the Only Path Left
I sold 100 ounces (Engelhard 100 oz extruded) today. Holding gold and selling silver is the plan. Present rise in silver spot suits my purpose of selling off silver at the rate of 100 ounces a month quite well.
I'm in no hurry to sell my silver. In fact I'll never sell my silver cause I'll be dead and buried when my wife and kid can decide what to do with it. I have no need to sell it and the metal is only going to go up anyways. Why is that "for the 100'th time"?
1, Silver is in its 5'th year of demand exceeding production. 2025 is by far the largest ratio of use vs production. America itself is importing over 70% of its silver usage.
2, This usage, especially in defense, is cloaked in secrecy. Nobody reports on it because the Govt. does its best to keep it secret so theres no hysterical runs on the metal like there is with gold. By far silver is more useful then gold in Industrial use.
3, Silver is the metal of the future technologys. If its electronic it uses silver, and probably a lot of it.
4, Silver is heavily used in all kinds of military applications. From submarines to radios it uses silver. America itself is in the middle of a next generation upgrade of military gear. We are building entirely new classes of submarines, war planes, missiles, nuclear weaponry, radars. And not only are we building for ourselves but we are building for export, and thats just America.
Other players are big in the defense business too. China is probably bigger. The Euro-defense consortiums are making world class weaponry and missilery. Smaller production countrys like South Korea, Israel, Turkey, Japan, Taiwan, Ukraine, are all making some pretty advanced stuff too. The world defense market has become huge as everyone is buying and/or upgrading. America alone is massively replacing its entire nuclear strategic triad as well as building a new class of tactical nukes.
And the entirety of this massive world appetite for advanced weaponry and technology is all heavily reliant on silver in their production.
So there will be dips in its price along with gains, and I'd never tell anyone to put all their eggs in a single basket, but 1, 5, or 10 years from now, should I still be above ground, I bet I'll be able to say "I told you so".
About five years ago I worked security at a metal recycle plant which had a small unit that only did PM's and the fancy , expensive alloys. This small part of the company out produced $$ of the rest of the place doing only gold, silver, platinum, rhodium, and all the fancy alloys used in the aircraft Industry. Well at the time silver dipped to around $12, $13 an oz and they told me to buy with both hands because they predicted all this, gold as well. But sadly I didn't listen. Had I just used the paycheck from working that place, money I really didn't need for anything else, and put it into silver and gold I'd be riding high right now. As it is, sadly, I'm late to the game but still buying.
I'm feeling very bearish. I bought more today. Silver is the metal of the next generation of technology. I think the next year will see it show its legs. Its not going to happen overnight but like the exponential rate of technology evolution it will pick up steam. Like a snowball does rolling down a hill.
Its a fine place to park a % of your wealth. This debt problem we have is going to kill the dollar.
Yep..... silver still trying to show it's stuff. Exploring the $39.00 level.... .... and I still suspect that when summer dolrums are over, vacations over for the summer, we might see some more surprises. But no expert here, and my crystal ball remains cloudy as ever.
I have been doing well lately riding the rhythmic and somewhat predictable weekly undulations of the silver spot market via AGQ.
After selling my last play when silver hit $39 (pleasantly surprised), I am looking to re-enter at around $50-51.
This is not financial advice and I have the funds to gamble in this manner.
Comments
ratios can be profitable.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
I trade a lot of paper metal and the GSR offers me a third-dimensional option: Instead of being in or out with gold or silver and awaiting a good re-entry point, it gives me a heads up of when to exit one and enter the other. This keeps me off the sideline twiddling a wad of cash. It keeps me fully vested with not so much worry of price ups and downs.
No Way Out: Stimulus and Money Printing Are the Only Path Left
I sold 100 ounces (Engelhard 100 oz extruded) today. Holding gold and selling silver is the plan. Present rise in silver spot suits my purpose of selling off silver at the rate of 100 ounces a month quite well.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
I'm in no hurry to sell my silver. In fact I'll never sell my silver cause I'll be dead and buried when my wife and kid can decide what to do with it. I have no need to sell it and the metal is only going to go up anyways. Why is that "for the 100'th time"?
1, Silver is in its 5'th year of demand exceeding production. 2025 is by far the largest ratio of use vs production. America itself is importing over 70% of its silver usage.
2, This usage, especially in defense, is cloaked in secrecy. Nobody reports on it because the Govt. does its best to keep it secret so theres no hysterical runs on the metal like there is with gold. By far silver is more useful then gold in Industrial use.
3, Silver is the metal of the future technologys. If its electronic it uses silver, and probably a lot of it.
4, Silver is heavily used in all kinds of military applications. From submarines to radios it uses silver. America itself is in the middle of a next generation upgrade of military gear. We are building entirely new classes of submarines, war planes, missiles, nuclear weaponry, radars. And not only are we building for ourselves but we are building for export, and thats just America.
Other players are big in the defense business too. China is probably bigger. The Euro-defense consortiums are making world class weaponry and missilery. Smaller production countrys like South Korea, Israel, Turkey, Japan, Taiwan, Ukraine, are all making some pretty advanced stuff too. The world defense market has become huge as everyone is buying and/or upgrading. America alone is massively replacing its entire nuclear strategic triad as well as building a new class of tactical nukes.
And the entirety of this massive world appetite for advanced weaponry and technology is all heavily reliant on silver in their production.
So there will be dips in its price along with gains, and I'd never tell anyone to put all their eggs in a single basket, but 1, 5, or 10 years from now, should I still be above ground, I bet I'll be able to say "I told you so".
About five years ago I worked security at a metal recycle plant which had a small unit that only did PM's and the fancy , expensive alloys. This small part of the company out produced $$ of the rest of the place doing only gold, silver, platinum, rhodium, and all the fancy alloys used in the aircraft Industry. Well at the time silver dipped to around $12, $13 an oz and they told me to buy with both hands because they predicted all this, gold as well. But sadly I didn't listen. Had I just used the paycheck from working that place, money I really didn't need for anything else, and put it into silver and gold I'd be riding high right now. As it is, sadly, I'm late to the game but still buying.
Silver is far from over.
silverstacker... you may be right. Silver is doing an high five today.... and platinum continues to rise. It's Boomin'!
$37.16. Just bought some more junk 90%. But Ive been buying like crazy the last couple months and have to put the brakes on for this month.
4,000 year history of silver as money
No Way Out: Stimulus and Money Printing Are the Only Path Left
I'm feeling very bearish. I bought more today. Silver is the metal of the next generation of technology. I think the next year will see it show its legs. Its not going to happen overnight but like the exponential rate of technology evolution it will pick up steam. Like a snowball does rolling down a hill.
Its a fine place to park a % of your wealth. This debt problem we have is going to kill the dollar.
Minimal standard 8AM EST US smack down on silver this morning. Are they loosing control?
Loves me some shiny!
Tremendous debt would be much easier to pay off with wildly devalued currency. I expect silver and celery to go up in sync.
...
And just wait until the summer doldrums come to an end.....
$39.02
I knew it would happen.
"Get back in there and BUY, BUY, BUY!"

Loves me some shiny!
Yep..... silver still trying to show it's stuff. Exploring the $39.00 level.... .... and I still suspect that when summer dolrums are over, vacations over for the summer, we might see some more surprises. But no expert here, and my crystal ball remains cloudy as ever.
Well, that was short-lived. $38.22
I knew it would happen.
I have been doing well lately riding the rhythmic and somewhat predictable weekly undulations of the silver spot market via AGQ.
After selling my last play when silver hit $39 (pleasantly surprised), I am looking to re-enter at around $50-51.
This is not financial advice and I have the funds to gamble in this manner.
Loves me some shiny!
No Way Out: Stimulus and Money Printing Are the Only Path Left
Aaaand....... pushing for $40.......
Look for the gold/gutter trend to continue higher. > @tincup said:
Me SLV bee luvin it. RGDS!
Have you sold yet... or are you gonna ride it for awhile?
Added more to Mommas Roth actually. RGDS!