General Poor Man's Game: Gold,Silver,Platinum, and Palladium

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Splinty

Shake 'em off
Admin
Dec 31, 2014
44,116
91,096
Enock-O-Lypse Now! @ENOCK your kitco Link says that there's no supply to meet the speculator demand. But there's no market demand because all the industry is shut down.
So there's friction between the two.
If this stays low and anybody can find a closer price to the spot price please post it
 

Enock-O-Lypse Now!

Underneath Denver International Airport
Jun 19, 2016
11,779
19,663
My personal reason for buying at this time - silver is at the same level it was in 2007 ...

2008 we saw the financial crisis - 2020 will be worse then that obviously.

I’m “betting/hoping” it rebounds like it did after 2008 ....

Took about 3 years after 2008 for silver to shoot to the moon in 2011....I’m guessing 2023-2024 Silver will rise again.

10 year historical chart:
Silver Chart - Last 10 years



Thats all speculation and pure high risk thinking ....we’re in some turbulent times like we’ve never seen before so all bets are out the window to try and read the charts to make money trading the physical.
 

Enock-O-Lypse Now!

Underneath Denver International Airport
Jun 19, 2016
11,779
19,663
So about 20 an ounce is good even though market says $15?
Pretty typical for online retailers to tack on a $5 premium ....

Majority of the time you'll find the best offers from local coin shops/dealers - if you find a good dealer they'll only hit you with a $1.50-$2 dollar premium.
 

Rambo John J

Eats things that would make a Billy Goat Puke
First 100
Jan 17, 2015
71,729
71,611
I bought rounds/bars lately
in the 19s...and a couple lil kookaburra AU

It is interesting

Printing money like toilet paper right now

Dollar to metal ratio rises by the minute

bailout can trigger quite a rise eventually
 

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,272
Hmm I'll see if I can find a local one. Those American flag bars are temping though.
 

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,272

sparkuri

Pulse On The Finger Of The Community
First 100
Jan 16, 2015
34,639
46,711
I bought rounds/bars lately
in the 19s...and a couple lil kookaburra AU

It is interesting

Printing money like toilet paper right now

Dollar to metal ratio rises by the minute

bailout can trigger quite a rise eventually

Those Koala's are gorgeous.

Every minute we "print" digital toiler paper the Chinese send a newsletter to the IMF.

If the FED makes a deal WITH the IMF?

/

Chinese market opens in a few hours, watch the Yuan.
 

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,272
I'm going to hold off on the internet buying. I'll find somewhere local.