@derryb said:
some here have advised stacking silver for a long time.
Are these the same folk who said the stock market collapse was imminent?
Every asset on planet earth be BOOMIN!™ cept maybe the OJ. Even with gutter at $80 it has still been a terrible investment over the long haul. Shoulda just rode the S&P. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
@derryb said:
some here have advised stacking silver for a long time.
Are these the same folk who said the stock market collapse was imminent?
Every asset on planet earth be BOOMIN!™ cept maybe the OJ. Even with gutter at $80 it has still been a terrible investment over the long haul. Shoulda just rode the S&P. RGDS!
Silver isn't an investment hahahah if that what it is to YOU then YOU have issues. Silver, to the majority of stackers, is wealth PRESERVATION insurance vs declining fiat. Welcome to the PM school 101 for beginners. We can do zoom classes. The first half dozen are FREE!
@derryb said:
some here have advised stacking silver for a long time.
Absolutely. Let's say I've been fully sold on stock ABC for 30 years and fully invested. It's underperformed massively relative to the market as a whole until this year and finally has a historic run. That's when you declare victory and trim the position. Even if I believe it's going higher the prudent thing to do is to take the profit.
Are these the same folk who said the stock market collapse was imminent?
It wouldn't surprise me in the least to see a bond market meltdown take the stock market and metals down with it. The Mag 7 are way overvalued and reality is beginning to set in.
The metals will rebound quickly just like they did in 2009 but the brokerage houses, banks, pension funds, commercial real estate and municipalities are all vulnerable to a bond market crash.
Paper contracts won't cut it. Got physical metals?
Q: Are You Printing Money? Bernanke: Not Literally
We've wakened in stages. This time it's different.
I have no idea if it is or isn't, but that is always said, and literally the exact same arguments were made in the last run up with calls for $200+ prices.
I don't have a crystal ball, but I'd hate to see folks not profit from this huge run up if this one isn't different. I'm not calling a top or saying to sell every ounce, but if any investments takes off there is nothing wrong with reaping the rewards by cashing some in.
There's a world wide physical squeeze.
How can it not be different this time. Nobody's going to find an old warehouse where a couple billion ounces had been lost. What are the shorters going to do; double down. They're already staring bankruptcy in the face and some in danger of having to provide an accounting for thousands of people who thought they owned silver but only have warehouse receipts. You can't make physical silver or cell phones out of paper. It's not like they can bluff down Russia, China, and India who aren't buying paper, they are buying silver.
The question isn't if it's going to pop, the question is how high.
Yes, stackers should be getting rid of the worst coins and watching for all sorts of opportunities to reposition or even buy. Premiums will probably never be much lower until prices are far higher.
@jmski52 said: Are these the same folk who said the stock market collapse was imminent?
It wouldn't surprise me in the least to see a bond market meltdown take the stock market and metals down with it. The Mag 7 are way overvalued and reality is beginning to set in.
The metals will rebound quickly just like they did in 2009 but the brokerage houses, banks, pension funds, commercial real estate and municipalities are all vulnerable to a bond market crash.
Paper contracts won't cut it. Got physical metals?
This is quite possible and one of those macroeconomic events that can derail anything. However, any meaningful drop in the economy would have a huge impact on silver production but minimal impact on silver consumption and could even cause an increase. It might go down a lot but not for long because Russia et al are still buying. It could even make the short squeeze worse.
@jmski52 said: Are these the same folk who said the stock market collapse was imminent?
It wouldn't surprise me in the least to see a bond market meltdown take the stock market and metals down with it. The Mag 7 are way overvalued and reality is beginning to set in.
The metals will rebound quickly just like they did in 2009 but the brokerage houses, banks, pension funds, commercial real estate and municipalities are all vulnerable to a bond market crash.
Paper contracts won't cut it. Got physical metals?
You said the same thing in 2011. Lots of good forum folk have since kicked the bucket. Yet, here the rest of us are, milling around doing life stuff as we have since our birth.
You said the same thing in 2011. Lots of good forum folk have since kicked the bucket. Yet, here the rest of us are, milling around doing life stuff as we have since our birth.
I'm flattered that you think you know what I said in 2011. What did I say that was incorrect back in 2011?
Almost all of the big insiders are selling or have sold now. A large contingent of analysts are now saying that the bond market is in trouble, in the US, in Japan, in Germany. I don't know what your motivation is, nor do I care, but if you think that the stock & bond markets are in fine shape - go for it. Double down. And buy some more "bonds", By all means.
I'm sticking with physical metals, not ETFs, not options, not futures. The real thing. And, I'm winning. Big.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: You said the same thing in 2011. Lots of good forum folk have since kicked the bucket. Yet, here the rest of us are, milling around doing life stuff as we have since our birth.
I'm flattered that you think you know what I said in 2011. What did I say that was incorrect back in 2011?
Everything. The forum has a search feature.
Almost all of the big insiders are selling or have sold now. A large contingent of analysts are now saying that the bond market is in trouble, in the US, in Japan, in Germany. I don't know what your motivation is, nor do I care, but if you think that the stock & bond markets are in fine shape - go for it. Double down. And buy some more "bonds", By all means.
So you know what I think? Lol. I didnt express my thoughts. All I did is paraphrase your comments on the market over the last 15 years.
I'm sticking with physical metals, not ETFs, not options, not futures. The real thing. And, I'm winning. Big.
All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Every year there are talking heads suggesting the imminent stock market crash. Some of the Mag 7 are overvalued at this point in my opinion. I'll keep my NVDA, thanks.
BTW, you can have a stock portfolio and still own physical metals.
@psuman08 said:
Every year there are talking heads suggesting the imminent stock market crash. Some of the Mag 7 are overvalued at this point in my opinion. I'll keep my NVDA, thanks.
BTW, you can have a stock portfolio and still own physical metals.
You can also stack physical metal AND play the paper market to maximize gains without compromising your soul
I remember thinking about buying Nvidia when it was simply a video game chipmaker. If I had bought it at a good price way back then, I'd probably feel the same way.
That's how I feel about silver, gold and platinum now.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said:
This isn't 1980 or 2011. Where's the slamdown? If you are anywhere near correct (but you are not), the price should've been slammed by now.
Why haven't you dumped all of your silver bullion if you think it's "dead money"?
I've been dumping it and man it's a lot of work. This stuff is heavy. Smackdown on the horizon. patience grasshopper. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
@jmski52 said: All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
.
Remember when you wrote that the gold:silver ratio was going to 130:1 ?
Remember that ?
@jmski52 said: All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
.
Remember when you wrote that the gold:silver ratio was going to 130:1 ?
Remember that ?
.
Remember 1980? Your ALMOST back to inflation adjusted breakeven. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
@jmski52 said: All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
.
Remember when you wrote that the gold:silver ratio was going to 130:1 ?
Remember that ?
.
Remember 1980? Your ALMOST back to inflation adjusted breakeven. RGDS!
Irrelevent. What is relevent is that 1 oz of silver will buy the same amount of goods (if not more) thay it did in 1980. Your dollar will buy less than 25% of what it would buy in 1980. Looks like his silver did it's job of dollar protection, while your dollar shrank 75%.
Price of silver is not important to a stacker (unless he's selling) because he knows history shows that it will maintain the value of the dollars he spent to aquire it. Gold and silver are foremost dollar protection. This is the number one reason central banks have been hoarding it in recent years.
When gold and silver move together, it signals the coming end of fiat money.
@jmski52 said: All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
.
Remember when you wrote that the gold:silver ratio was going to 130:1 ?
Remember that ?
.
Remember 1980? Your ALMOST back to inflation adjusted breakeven. RGDS!
Irrelevent. What is relevent is that 1 oz of silver will buy the same amount of goods (if not more) thay it did in 1980. Your dollar will buy less than 25% of what it would buy in 1980. Looks like his silver did it's job of dollar protection, while your dollar shrank 75%.
Price of silver is not important to a stacker (unless he's selling) because he knows history shows that it will maintain the value of the dollars he spent to aquire it. Gold and silver are foremost dollar protection. This is the number one reason central banks have been hoarding it in recent years.
@jmski52 said: All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
.
Remember when you wrote that the gold:silver ratio was going to 130:1 ?
Remember that ?
.
Remember 1980? Your ALMOST back to inflation adjusted breakeven. RGDS!
@jmski52 said: All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
.
Remember when you wrote that the gold:silver ratio was going to 130:1 ?
Remember that ?
.
Remember 1980? Your ALMOST back to inflation adjusted breakeven. RGDS!
.
The point being, why should anyone pay any heed to your predictions when they have been so bad ?
Even the Bulgarian News is way ahead of you in regards to accurate predictions.
@jmski52 said: All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
.
Remember when you wrote that the gold:silver ratio was going to 130:1 ?
Remember that ?
.
Remember 1980? Your ALMOST back to inflation adjusted breakeven. RGDS!
.
The point being, why should anyone pay any heed to your predictions when they have been so bad ?
Even the Bulgarian News is way ahead of you in regards to accurate predictions.
.
You should probably just stick to your hobby of defacing/graffitiing historic coins (unless of course you are ready to mint the "in gutter we trust" tokens). I should note I want those done on blank gutter rounds, not US coinage. I'm light years ahead of you. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
@jmski52 said: All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
.
Remember when you wrote that the gold:silver ratio was going to 130:1 ?
Remember that ?
.
Remember 1980? Your ALMOST back to inflation adjusted breakeven. RGDS!
.
The point being, why should anyone pay any heed to your predictions when they have been so bad ?
Even the Bulgarian News is way ahead of you in regards to accurate predictions.
.
You should probably just stick to your hobby of defacing/graffitiing historic coins (unless of course you are ready to mint the "in gutter we trust" tokens). I should note I want those done on blank gutter rounds, not US coinage. I'm light years ahead of you. THKS!
.
For the 10 years that you have been on this site, it appears that you have done nothing but predict silver would go down in price, that nobody wanted the stuff, that only a "dumb" person would buy it, that you couldn't sell it, etc. You repeated that false mantra almost every day.
Any articles that were to the contrary you called "nothingburgers" or "fake newz" (or similar). And the authors of those reports were irrelevant according to you.
And during this time, silver has increased by a factor of about 5x ,
@dcarr not sure why your wasting your time arguing with a trailer troll. this clown showed up a while back and just trolls the board to get reactions. You're a well respected professional in this space who creates interesting and sought after products that enjoy a healthy secondary market and drives interest in PMs and coins.
Why waste time with what I would guess is a 'failure to launch' guy in his late 20s?
@carew4me said: @dcarr not sure why your wasting your time arguing with a trailer troll. this clown showed up a while back and just trolls the board to get reactions. You're a well respected professional in this space who creates interesting and sought after products that enjoy a healthy secondary market and drives interest in PMs and coins.
Why waste time with what I would guess is a 'failure to launch' guy in his late 20s?
Working on your autobiography again I see? Put in a little work, you too may find success one of these decades. Just to let you know, it does take just a bit of effort. TRD!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
@carew4me said: @dcarr not sure why your wasting your time arguing with a trailer troll. this clown showed up a while back and just trolls the board to get reactions. You're a well respected professional in this space who creates interesting and sought after products that enjoy a healthy secondary market and drives interest in PMs and coins.
Why waste time with what I would guess is a 'failure to launch' guy in his late 20s?
Working on your autobiography again I see? Put in a little work, you too may find success one of these decades. Just to let you know, it does take just a bit of effort. TRD!
@jmski52 said: All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
.
Remember when you wrote that the gold:silver ratio was going to 130:1 ?
Remember that ?
.
Remember 1980? Your ALMOST back to inflation adjusted breakeven. RGDS!
.
The point being, why should anyone pay any heed to your predictions when they have been so bad ?
Even the Bulgarian News is way ahead of you in regards to accurate predictions.
.
You should probably just stick to your hobby of defacing/graffitiing historic coins (unless of course you are ready to mint the "in gutter we trust" tokens). I should note I want those done on blank gutter rounds, not US coinage. I'm light years ahead of you. THKS!
.
For the 10 years that you have been on this site, it appears that you have done nothing but predict silver would go down in price, that nobody wanted the stuff, that only a "dumb" person would buy it, that you couldn't sell it, etc. You repeated that false mantra almost every day. And during this time, silver has increased by a factor of about 5x
If you substituted "stock market" for "silver" you would be describing most of the folk on this forum.
An area wholesaler is paying 47X face on 90% and $52/oz on sterling, I'm assuming this is the market reality. He said he won't be able to sell to the melters until March.
@carew4me said: @dcarr not sure why your wasting your time arguing with a trailer troll. this clown showed up a while back and just trolls the board to get reactions. You're a well respected professional in this space who creates interesting and sought after products that enjoy a healthy secondary market and drives interest in PMs and coins.
Why waste time with what I would guess is a 'failure to launch' guy in his late 20s?
current silver contracts expire on March 27th 2026. And the last delivery day is March 31st. If a significant portion of the current open positions opt for physical delivery, there is a chance the CME would face a potentially systemic issuesince it does not have enought silver in the vault to cover outstanding contracts. Current rise in price could be because they are trying to fill the vaults now.
When gold and silver move together, it signals the coming end of fiat money.
A tiny percent of the contracts end in actual delivery. Nearly all the paper holders want no part in actual delivery for multiple reasons. Is there some reason to believe this has/will change?
@nags said:
A tiny percent of the contracts end in actual delivery. Nearly all the paper holders want no part in actual delivery for multiple reasons. Is there some reason to believe this has/will change?
Yes, but only when prices were fairly stable. There is a building shortage of physical. Industrial holders of contracts are likely to want delivery to secure their future needs for the physical metal. This includes manufactures of anything with silver in it. With the way prices are moving and a perceived shortage it's likely just about anyone holding a contract will want to cash their contract in for physical metal. Expiration of contracts in mid march is projected to be the main event.
The music is stopping and everyone is grabbing a chair. Just like in musical chairs, there's contracts that have no backing. Realization that there are multiple promises for what's in vault is growing rapidly. ors of a bar of silver is growing.
When gold and silver move together, it signals the coming end of fiat money.
What actual data, not speculation, indicates that a higher percentage of holders have taken, or will take, delivery? From what I can find, the percentage is essentially the same, but the total deliveries have increased somewhat due to the much higher total number of contracts (due to large amounts of speculation).
Comments
Every asset on planet earth be BOOMIN!™ cept maybe the OJ. Even with gutter at $80 it has still been a terrible investment over the long haul. Shoulda just rode the S&P. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Silver isn't an investment hahahah if that what it is to YOU then YOU have issues. Silver, to the majority of stackers, is wealth PRESERVATION insurance vs declining fiat. Welcome to the PM school 101 for beginners. We can do zoom classes. The first half dozen are FREE!
COPPER is gutter !
Absolutely. Let's say I've been fully sold on stock ABC for 30 years and fully invested. It's underperformed massively relative to the market as a whole until this year and finally has a historic run. That's when you declare victory and trim the position. Even if I believe it's going higher the prudent thing to do is to take the profit.
I've always liked the stock market except before 1982, '87, '99, '01, and several times in the last two decades.
There are always at least a few good stocks to buy ever since 1982.
Are these the same folk who said the stock market collapse was imminent?
It wouldn't surprise me in the least to see a bond market meltdown take the stock market and metals down with it. The Mag 7 are way overvalued and reality is beginning to set in.
The metals will rebound quickly just like they did in 2009 but the brokerage houses, banks, pension funds, commercial real estate and municipalities are all vulnerable to a bond market crash.
Paper contracts won't cut it. Got physical metals?
I knew it would happen.
There's a world wide physical squeeze.
How can it not be different this time. Nobody's going to find an old warehouse where a couple billion ounces had been lost. What are the shorters going to do; double down. They're already staring bankruptcy in the face and some in danger of having to provide an accounting for thousands of people who thought they owned silver but only have warehouse receipts. You can't make physical silver or cell phones out of paper. It's not like they can bluff down Russia, China, and India who aren't buying paper, they are buying silver.
The question isn't if it's going to pop, the question is how high.
Yes, stackers should be getting rid of the worst coins and watching for all sorts of opportunities to reposition or even buy. Premiums will probably never be much lower until prices are far higher.
This is quite possible and one of those macroeconomic events that can derail anything. However, any meaningful drop in the economy would have a huge impact on silver production but minimal impact on silver consumption and could even cause an increase. It might go down a lot but not for long because Russia et al are still buying. It could even make the short squeeze worse.
You said the same thing in 2011. Lots of good forum folk have since kicked the bucket. Yet, here the rest of us are, milling around doing life stuff as we have since our birth.
Knowledge is the enemy of fear
You said the same thing in 2011. Lots of good forum folk have since kicked the bucket. Yet, here the rest of us are, milling around doing life stuff as we have since our birth.
I'm flattered that you think you know what I said in 2011. What did I say that was incorrect back in 2011?
Almost all of the big insiders are selling or have sold now. A large contingent of analysts are now saying that the bond market is in trouble, in the US, in Japan, in Germany. I don't know what your motivation is, nor do I care, but if you think that the stock & bond markets are in fine shape - go for it. Double down. And buy some more "bonds", By all means.
I'm sticking with physical metals, not ETFs, not options, not futures. The real thing. And, I'm winning. Big.
I knew it would happen.
Everything. The forum has a search feature.
So you know what I think? Lol. I didnt express my thoughts. All I did is paraphrase your comments on the market over the last 15 years.
Yay?
Glad to see you've finally joined the party.
Knowledge is the enemy of fear
All I did is paraphrase your comments on the market over the last 15 years.
And I was right all along. The debt pushers and the money changers are on the run, but rest assured, they'll be back with another scam. God forbid that regular working people be allowed to save what they've worked for.
I knew it would happen.
likely, but they didn't push bonds
When gold and silver move together, it signals the coming end of fiat money.
Your always right until you're wrong. Personally, I've disliked the gutter metal every year except 1980, 2011 and 2025. Other than that, it's been nothing but dead $$$$$. Just as it will be again. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
This isn't 1980 or 2011. Where's the slamdown? If you are anywhere near correct (but you are not), the price should've been slammed by now.
Why haven't you dumped all of your silver bullion if you think it's "dead money"?
I knew it would happen.
Of course, because that pesky aggregate bond index is up 20% over the last 2 years.
Knowledge is the enemy of fear
explains why they pushed silver.
When gold and silver move together, it signals the coming end of fiat money.
Every year there are talking heads suggesting the imminent stock market crash. Some of the Mag 7 are overvalued at this point in my opinion. I'll keep my NVDA, thanks.
BTW, you can have a stock portfolio and still own physical metals.
You can also stack physical metal AND play the paper market to maximize gains without compromising your soul
Loves me some shiny!
“Often wrong, but never in doubt.”
I'll keep my NVDA, thanks.
I remember thinking about buying Nvidia when it was simply a video game chipmaker. If I had bought it at a good price way back then, I'd probably feel the same way.
That's how I feel about silver, gold and platinum now.
I knew it would happen.
I've been dumping it and man it's a lot of work. This stuff is heavy. Smackdown on the horizon. patience grasshopper. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
shipped out a monster box to a forum member today. Second box for him.
When gold and silver move together, it signals the coming end of fiat money.
WOW! sweet
COPPER is gutter !
shipped out a monster box to a forum member today. Second box for him.
blitzdude?
I knew it would happen.
.
Remember when you wrote that the gold:silver ratio was going to 130:1 ?
Remember that ?
.
Remember 1980? Your ALMOST back to inflation adjusted breakeven. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Irrelevent. What is relevent is that 1 oz of silver will buy the same amount of goods (if not more) thay it did in 1980. Your dollar will buy less than 25% of what it would buy in 1980. Looks like his silver did it's job of dollar protection, while your dollar shrank 75%.
Price of silver is not important to a stacker (unless he's selling) because he knows history shows that it will maintain the value of the dollars he spent to aquire it. Gold and silver are foremost dollar protection. This is the number one reason central banks have been hoarding it in recent years.
When gold and silver move together, it signals the coming end of fiat money.
Sing it! Wealth preservation!
COPPER is gutter !
Remember 1980?
Does anyone know anybody who has a stack of silver dating from 1980? Me neither. I used my silver profits to buy a vacation house way back then.
And a sailboat.
I knew it would happen.
I sold to some guy named Hunt, and at a nice profit.
When gold and silver move together, it signals the coming end of fiat money.
MENDACITY!® Silver be BOOMIN!® BR!
Philippians 4:4-7
.
The point being, why should anyone pay any heed to your predictions when they have been so bad ?
Even the Bulgarian News is way ahead of you in regards to accurate predictions.
.
You should probably just stick to your hobby of defacing/graffitiing historic coins (unless of course you are ready to mint the "in gutter we trust" tokens). I should note I want those done on blank gutter rounds, not US coinage. I'm light years ahead of you. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
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For the 10 years that you have been on this site, it appears that you have done nothing but predict silver would go down in price, that nobody wanted the stuff, that only a "dumb" person would buy it, that you couldn't sell it, etc. You repeated that false mantra almost every day.
Any articles that were to the contrary you called "nothingburgers" or "fake newz" (or similar). And the authors of those reports were irrelevant according to you.
And during this time, silver has increased by a factor of about 5x ,
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@dcarr not sure why your wasting your time arguing with a trailer troll. this clown showed up a while back and just trolls the board to get reactions. You're a well respected professional in this space who creates interesting and sought after products that enjoy a healthy secondary market and drives interest in PMs and coins.
Why waste time with what I would guess is a 'failure to launch' guy in his late 20s?
Loves me some shiny!
“Often wrong, but never in doubt.”
Working on your autobiography again I see? Put in a little work, you too may find success one of these decades. Just to let you know, it does take just a bit of effort. TRD!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Loves me some shiny!
“Often wrong, but never in doubt.”
If you substituted "stock market" for "silver" you would be describing most of the folk on this forum.
Knowledge is the enemy of fear
Precious metals are wealth preservation. Tsk tsk to those in as investment first. Tsk tsk tsk.
COPPER is gutter !
An area wholesaler is paying 47X face on 90% and $52/oz on sterling, I'm assuming this is the market reality. He said he won't be able to sell to the melters until March.
The word "Doublemint" springs to mind.
Silver is minted as an investment in human genius.
KA BOOM
COPPER is gutter !
New highs are always encouraging. But the real questions are long term. At least they used to be long term but now the buying is in the short term.
Just commenting on the NOW
COPPER is gutter !
KAAAAAAAAAAAAAAAaaaaaaaaaaaa BOOOOOOOoooooooooom
lolz
COPPER is gutter !
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Well, I am getting close to 10,000 posts
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current silver contracts expire on March 27th 2026. And the last delivery day is March 31st. If a significant portion of the current open positions opt for physical delivery, there is a chance the CME would face a potentially systemic issuesince it does not have enought silver in the vault to cover outstanding contracts. Current rise in price could be because they are trying to fill the vaults now.
When gold and silver move together, it signals the coming end of fiat money.
from 'gutter' to strutter
Loves me some shiny!
“Often wrong, but never in doubt.”
A tiny percent of the contracts end in actual delivery. Nearly all the paper holders want no part in actual delivery for multiple reasons. Is there some reason to believe this has/will change?
Yes, but only when prices were fairly stable. There is a building shortage of physical. Industrial holders of contracts are likely to want delivery to secure their future needs for the physical metal. This includes manufactures of anything with silver in it. With the way prices are moving and a perceived shortage it's likely just about anyone holding a contract will want to cash their contract in for physical metal. Expiration of contracts in mid march is projected to be the main event.
The music is stopping and everyone is grabbing a chair. Just like in musical chairs, there's contracts that have no backing. Realization that there are multiple promises for what's in vault is growing rapidly. ors of a bar of silver is growing.
When gold and silver move together, it signals the coming end of fiat money.
What actual data, not speculation, indicates that a higher percentage of holders have taken, or will take, delivery? From what I can find, the percentage is essentially the same, but the total deliveries have increased somewhat due to the much higher total number of contracts (due to large amounts of speculation).