General Poor Man's Game: Gold,Silver,Platinum, and Palladium
- Thread starter Enock-O-Lypse Now!
- Start date
Damn 9 Over is way to much good move by passing it up.
Some years around Christmas time First Majestic will offer free shipping ...when they do that it's worth buying from them.
Silver Ingots and Bars
First Majestic Silver Bullion Store. First Majestic Silver Corp. is proud to be the only mining company offering their own production in the form of silver bullion for sale securely online 24/7.
store.firstmajestic.com
I'll post back here if they offer free shipping anytime soon for those interested
How much would they buy an ounce of silver from you for?
Can't get shit for spot price.
My LCS has fantastic deals & this is a rare dip-buying opportunity.
Not for everyone, but I personally don't need another coin & only stack kilo's anymore due to cost.
These Germanias that came in from Poland are the best poured kilo stackers I've ever seen, & flying off the shelves. Wrapped in plastic to handle w/o oxidation, they come boxed with a hologram sticker for....hmm...don't like that part anymore than "security feature" holograms etched into gold canadian maples. Reminds me of the "security feature" in blue-band $100 dollar bills; anyone who's ever stacked those knows well of the obvious 3 inlayed who-knows-whats.
Germanias, and their price:
With a spot price of $21.98, that works out to $1.83/oz. over spot.
Random kilos @ $1.52/oz. over spot, a far cry from premiums of generic coins let alone AE'S at $9 over spot+.
I'll never do business with First Majestic again, as much as I hold Keith Neumayer & their company model in high regard, as well as their product.
At $6 over spot for coins considered near-generic, that's insane, even with free shipping.
Not to mention shipping delays through customs that take eons.
Their 100 oz. stackers, new, are sharp.
But if there's a dollar collapse with exchange opportunity rather than a smooth transition into digital slavery, I doubt brands will grab the scrambling investors much more than any quality bullion bar.
So just kilos & cost-average on the dips for this guy.
Not for everyone, but I personally don't need another coin & only stack kilo's anymore due to cost.
These Germanias that came in from Poland are the best poured kilo stackers I've ever seen, & flying off the shelves. Wrapped in plastic to handle w/o oxidation, they come boxed with a hologram sticker for....hmm...don't like that part anymore than "security feature" holograms etched into gold canadian maples. Reminds me of the "security feature" in blue-band $100 dollar bills; anyone who's ever stacked those knows well of the obvious 3 inlayed who-knows-whats.
Germanias, and their price:
With a spot price of $21.98, that works out to $1.83/oz. over spot.
Random kilos @ $1.52/oz. over spot, a far cry from premiums of generic coins let alone AE'S at $9 over spot+.
I'll never do business with First Majestic again, as much as I hold Keith Neumayer & their company model in high regard, as well as their product.
At $6 over spot for coins considered near-generic, that's insane, even with free shipping.
Not to mention shipping delays through customs that take eons.
Their 100 oz. stackers, new, are sharp.
But if there's a dollar collapse with exchange opportunity rather than a smooth transition into digital slavery, I doubt brands will grab the scrambling investors much more than any quality bullion bar.
So just kilos & cost-average on the dips for this guy.
Those are nice
Certainly a good price
Also 4-9's; the only .9999 silver I've held in my hand for someone at the coin shop.
Palladium has now dipped below Gold - keep an eye on - may want to swap out now.
This is interesting.
How does one play this?
What are the uses for palladium other than catalytic converters which are being sawn-off for meth money, or new catalytic converters and emission-dampening apparatus being phased out by green initiatives?
I can ping test silver or try water displacement on gold. If shtf I can actually use electrolysis on silver and melt gold, but palladium...idk.
Copper and Nickle coming out of the Shadows!
What'd I say about nickel and copper?
And both will triple from here, and aluminum, zinc...all base metals imo.
Copper is inevitable with belt and ro-ad, and nickel with batteries.
Nickel is up 40% since the covid dip.
What this means?
At 25% nickel and 75% copper, nickels are now worth more for metal than the USD.
$1 in nickels is worth $1.30 in metal; $0.74.4/cu, $0.55.2/Ni by weight @ current spot.
Shoulda bought 10 oz., doubled since this post.
Russia Russia Russia.
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Interesting
It is isn't it.
Almost like they knew exactly what was going to happen December 15th with Russia...
Feds raising rates to combat inflation leading to a Great Recession? Ooooo yeah!
Precious metals about to take a dive - gonna sell some coin - Cash is King right now ...will come back to buy later as long as there is still. Physical supply.
Precious metals about to take a dive - gonna sell some coin - Cash is King right now ...will come back to buy later as long as there is still. Physical supply.
Or give palladium another go as it's back tied with gold.
Silver will dip more I think, maybe to 19?
Since April 18th it's dipped during U.S. spot market, raised a little during Asian market and LBMA open, and back all the way down.
Same pattern every single day.
Only as the dollar is propped up to nearly $105 against other basket fiats.
Milkshake theory, everyone runs to dollar-based debts(USD), dollar goes up, metal goes down.
The thing is....there's not enough people selling to cover the demand, imo.
March 2020 and prior, premiums on AE's were $1, now those premiums are $10+, and $4+ on GENERIC oz.
I called my LCS yesterday and today... no kilos, zip, zilch. At least 10 days out.
I'd like to believe the smart folks are gonna ride the meltup with ag stocks(I'm going marathon oil and DVN), make fiat, and already have their orders in week-by-week to ensure p/u or delivery.
PM's are the only commodity seemingly not tracking with inflation, so either it's a psyche job, or the mark of the beast and/or war will make them irrelevant, and they yank them outta teeth ala Auschwitz.
Clearly this was target practice for young Johnny before getting shipped off to Europe or Okinawa.
That sounds interesting
Would love to hear about it
I was set to do some gold mining on a 1oz per day dredge 2 man operation
Claim owner had back surgery, and still recovering so crossing my fingers