Time to buy was when I got it 3years ago when it bottomed out around high 12 to 13s, and the premium was 50cents an oz. its 27bucks atm and some places are charging $3 up to $8 even for one oz.
Peoole missed the boat. dont bother.
edit, seems people confuse etfs (bullshit paper) with the real.deal. PREMIUMS on real silver is $3-8 per oz. thats ontop of spot price. if you find it under $3 premium, great. However, the bullion guys need to factor in their risks, and.some are just blatantly gouging the shit out of people.
I just picked up 3oz from Apmex. It was a very easy process (I'm a total investing n00b), but the site is doing a convincing Gab impersonation (i.e. from the period immediately after Big Tech killed Parler and Twitter started to exile Biden-is-Legitimate deniers) as it would constantly freeze, crash, run slow, etc. Lol
Gold is a much better store of value since right now 1oz coin has the same value as 66oz of silver. Yes, roughly 3 years ago silver was in the low teens and the premium was 50cents or less. Ratio was around 1:90. If silver spikes, Im going to ratio trade for gold.
Silver prices were being heavily suppressed by JP Morgan. Those low prices you're used to seeing aren't real. If every American bought 5 ounces it would bankrupt JP Morgan. Max Keiser was right about this in 2008, 2011, and now. "Crash JP Morgan buy silver" has been his motto for 13 years.
I started averaging in $11.90 low in March 2020. It had a high of $48 in 2011... a decade ago... obviously the supply is less now. The ratio to gold is extremely low, it's due to pop. Why are you spreading misinformation?? www.onegold.com
Edit: for those of you in crypto, think LTC to BTC ratio.
you used an example of one of the three times in the past 5 years silver dipped below 15. two were consistent for a while, the one you mentioned was VERY short lived.
1:66 is not a low ratio. below 50s, maybe even 40s of were lucky. 66 isnt bad, but could be better.
Never heard of a local coin shop? Also online bullion dealers buy metals too. It's not AS liquid as stocks on a trading app for sure, but still can be traded for fiat.
Silverware and silver serving sets are normally worth more than melt if they are in good repair.
Silver is over $30 and the US markets have not even opened yet. Up around 10% on the day and looking to break the record for the largest percentage rise in a single day for the metal.
Of course you can melt silver bowls, tea sets, and forks down for cash. It's quicker, easier, and gets you money right away. However those things are works of art, some very old and done by hand. Once you destroy antique silver it's done from our shared culture forever. It takes time to find the right buyer and not all old silver is valuable, but it's worth it in my opinion. Too many people out to make a quick buck and don't care what they have to smash to get it.
You can always sell to online dealers like APMEX, SD Bullion, EcT. They give fair buy back prices normally. You mail them the metals. You can sell on Ebay and just mark up your coins to cover the auction fees. Also you shouldn't have to sell silver often you might only make a trip to sell silver once a year, a few times a year at most. Even if you don't have a car you can pay someone $20-40 for a ride. I have gone on 40-50 mile bike rides in a single day, hard work but doable.
Gold and silver is more about preserving wealth/profits. Then when the market takes off you can sell some excess for more profits. Things like American Silver Eagles always have the best prices for sell back to dealers. You should get $1-$2 OVER spot price when selling back ASE.
Silver requires a CLEAR exit strategy and is not as liquid as a stock in a brokerage account. But it has no "counter-party" risk. Meaning you have complete control over the asset. Unlike stock, look at the GME stock RobinHood sold without permission. Look at the restrictions being placed on GME stock buying, selling, and transferring. This is not an issue with physical gold & silver. It is in your house, your control, and you do whatever you want with it. You can meet someone at McDonald's and trade silver for cash, silver for gold, silver for Bitcoin, silver for services, or silver for bullets!
Silver is a very unique investment vehicle and people need to be educated on it instead of spouting "Muh shiny rock" bullshit talking points. Get rich quick and silver do not mix well.
So I support silver stacking but not quick plays like folks are plotting.
People thing buying silver is going to break Wall Street. Most banks are long on silver they will get rich. If you buy GME you might lose it or you might break the system once and for all
yea, I dont know where this grand conspiracy about a massive short on silver came from. JP Morgan has been manipulating the silver market for over 8 years and recenrlt oaid close to a billion dollar fine for it. spoofing was the technique used in most cases.
I stack silver, but it seems to me this sulver hype came out of no where and its perfectlt times to help hedges get out of GME. run up silver rpcies sonthey can dump etf shares or physical silver to raise funds for an exit so they don't wind up my Melvin.
My problem is that I'm mobile. 50lbs of silver ($10k) would seriously hurt my movement capabilities. Gold is so up-and-down I can't use it. Palladium and Platinum are more consistent, but still messy.
True, we're not going to stop needing palladium anytime soon. Even if everyone went to EVs there are still a lot of uses for it aside from catalytic convertors.
I bought a literal ton of the stuff from the late 90's to the early 2000's specifically to hold it. The problem I have now, is if silver does go to the moon what monetary instrument do I convert it into?
Whichever currency replaces the dollar. It's looking more and more likely that the states will end up having their own currencies respectively or forming interstate pacts and creating regional currencies. Keep a look out for states like Texas, Nevada, Utah and Idaho to start heavily producing their own locally minted gold and silver backed notes. I called it back in 2015 and I still think I'm right.
My question still stands retard. I'm not buying some stupid paper ETF. You are a true idiot if you think precious metals hold no value in a fiat currency world.
Obviously the satire aspect has escaped you ? My "opinion" based on silvers history is. It is good to buy and hold physical sub 20s so if fiat crashes it could be used as barter or manufacturing etc. It is however a precious metal used for manufacturing in the markets eyes currently and also not particularly rare or "considered" currency, more can easily be mined. SO this theory spreading on the internet right now that it can be artificially inflated by everyone simply buying up in mass and running it up. Is what I am poking fun at here.
It's not high right now, it's about low-middle. Once it's high and or currency / inflation go haywire (which is more likely with incompetent) administrations, silverado sails for the sunset. :D
BTW I'm talking physical silver. Paper silver is ok but less easy to liquidate.
I walk into the local pawn-shop and get it changed to cash like its a bank.
LOL. Yours checks out too turnip brain. :)
I shill for silver as much as I shill for freedom and silver is a win-win. Why be a slave to the fiat fags and regulated up the wazoo?
Get your ass to GME and silver that ship's hold captains! :D
The chat room is built by a shill alphabet boy slurpper. Just trying to let people know it is not worth the time to down load some elemnet.ie link to see if Elon Musk is really there. FAKE.
Don’t buy silver it’s a lie. Once you buy silver you won’t be able to move your money from one stock or asset to the next. It will be kept in you closet until you can finally unload it for a loss. This is a lie.
Buy physical silver. Won’t hurt to buy at the moment and hold
Time to buy was when I got it 3years ago when it bottomed out around high 12 to 13s, and the premium was 50cents an oz. its 27bucks atm and some places are charging $3 up to $8 even for one oz. Peoole missed the boat. dont bother.
edit, seems people confuse etfs (bullshit paper) with the real.deal. PREMIUMS on real silver is $3-8 per oz. thats ontop of spot price. if you find it under $3 premium, great. However, the bullion guys need to factor in their risks, and.some are just blatantly gouging the shit out of people.
LOL that's not true
silver is a good store of value regardless
3 years period ... haha ya ok
I just picked up 3oz from Apmex. It was a very easy process (I'm a total investing n00b), but the site is doing a convincing Gab impersonation (i.e. from the period immediately after Big Tech killed Parler and Twitter started to exile Biden-is-Legitimate deniers) as it would constantly freeze, crash, run slow, etc. Lol
Gold is a much better store of value since right now 1oz coin has the same value as 66oz of silver. Yes, roughly 3 years ago silver was in the low teens and the premium was 50cents or less. Ratio was around 1:90. If silver spikes, Im going to ratio trade for gold.
Silver prices were being heavily suppressed by JP Morgan. Those low prices you're used to seeing aren't real. If every American bought 5 ounces it would bankrupt JP Morgan. Max Keiser was right about this in 2008, 2011, and now. "Crash JP Morgan buy silver" has been his motto for 13 years.
Ya I thought this was the plan, I bought 5oz, now you noobz don't wanna crash the banks?
Yup, watching the GSR intently
I started averaging in $11.90 low in March 2020. It had a high of $48 in 2011... a decade ago... obviously the supply is less now. The ratio to gold is extremely low, it's due to pop. Why are you spreading misinformation?? www.onegold.com
Edit: for those of you in crypto, think LTC to BTC ratio.
Im talking real silver. ETFs are just paper.
you used an example of one of the three times in the past 5 years silver dipped below 15. two were consistent for a while, the one you mentioned was VERY short lived.
1:66 is not a low ratio. below 50s, maybe even 40s of were lucky. 66 isnt bad, but could be better.
Silver to gold ratio is irrelevant when both are spoofed to oblivion
Pepe knows!
No it’s a lie. Buy GME and hold. If you buy physical silver you are stuck with a shiny metal. You won’t be able to move it to another asset
Never heard of a local coin shop? Also online bullion dealers buy metals too. It's not AS liquid as stocks on a trading app for sure, but still can be traded for fiat.
Silverware and silver serving sets are normally worth more than melt if they are in good repair.
Silver is over $30 and the US markets have not even opened yet. Up around 10% on the day and looking to break the record for the largest percentage rise in a single day for the metal.
Of course you can melt silver bowls, tea sets, and forks down for cash. It's quicker, easier, and gets you money right away. However those things are works of art, some very old and done by hand. Once you destroy antique silver it's done from our shared culture forever. It takes time to find the right buyer and not all old silver is valuable, but it's worth it in my opinion. Too many people out to make a quick buck and don't care what they have to smash to get it.
My nearest coin shop is 30 miles away. What the fee? I
You can always sell to online dealers like APMEX, SD Bullion, EcT. They give fair buy back prices normally. You mail them the metals. You can sell on Ebay and just mark up your coins to cover the auction fees. Also you shouldn't have to sell silver often you might only make a trip to sell silver once a year, a few times a year at most. Even if you don't have a car you can pay someone $20-40 for a ride. I have gone on 40-50 mile bike rides in a single day, hard work but doable.
Gold and silver is more about preserving wealth/profits. Then when the market takes off you can sell some excess for more profits. Things like American Silver Eagles always have the best prices for sell back to dealers. You should get $1-$2 OVER spot price when selling back ASE.
Silver requires a CLEAR exit strategy and is not as liquid as a stock in a brokerage account. But it has no "counter-party" risk. Meaning you have complete control over the asset. Unlike stock, look at the GME stock RobinHood sold without permission. Look at the restrictions being placed on GME stock buying, selling, and transferring. This is not an issue with physical gold & silver. It is in your house, your control, and you do whatever you want with it. You can meet someone at McDonald's and trade silver for cash, silver for gold, silver for Bitcoin, silver for services, or silver for bullets!
Silver is a very unique investment vehicle and people need to be educated on it instead of spouting "Muh shiny rock" bullshit talking points. Get rich quick and silver do not mix well.
So I support silver stacking but not quick plays like folks are plotting.
People thing buying silver is going to break Wall Street. Most banks are long on silver they will get rich. If you buy GME you might lose it or you might break the system once and for all
yea, I dont know where this grand conspiracy about a massive short on silver came from. JP Morgan has been manipulating the silver market for over 8 years and recenrlt oaid close to a billion dollar fine for it. spoofing was the technique used in most cases.
I stack silver, but it seems to me this sulver hype came out of no where and its perfectlt times to help hedges get out of GME. run up silver rpcies sonthey can dump etf shares or physical silver to raise funds for an exit so they don't wind up my Melvin.
There are far more paper claims to the PMs than their is physical to cover.
Thing is, there is nothing stopping them claiming force majeure and settling in cash (after monkey hammering it down)
Silver is where you store your profits and savings.
You can sell them on eBay pretty easily.
My problem is that I'm mobile. 50lbs of silver ($10k) would seriously hurt my movement capabilities. Gold is so up-and-down I can't use it. Palladium and Platinum are more consistent, but still messy.
However I can trade crypto, stocks, and ammo.
fuck metals, but palladium has a bright future as a catalyst from a technical perspective
Until they start mining it heavily.
That's my main issue, the amount of each rare metal is only as rare as the mining operations let it become.
And there are a ton of land acquisitions by China recently, so it's plain messy.
True, we're not going to stop needing palladium anytime soon. Even if everyone went to EVs there are still a lot of uses for it aside from catalytic convertors.
Storage of large amount of physical silver can be a problem.
A good tall safe solves that, and having a reliable vehicle.
I bought a literal ton of the stuff from the late 90's to the early 2000's specifically to hold it. The problem I have now, is if silver does go to the moon what monetary instrument do I convert it into?
If silver and gold are going to the moon? Hard assets and farmland, the collapse is imminent.
It will be it's own monetary instrument.
You will use it to purchase things, like how you use fiat currency to purchase things now.
Whichever currency replaces the dollar. It's looking more and more likely that the states will end up having their own currencies respectively or forming interstate pacts and creating regional currencies. Keep a look out for states like Texas, Nevada, Utah and Idaho to start heavily producing their own locally minted gold and silver backed notes. I called it back in 2015 and I still think I'm right.
Ammunition.
I am hoping someone can answer this also...
Try silvertowne.com in Indiana. Best deals are when visiting the store...
I'm local can confirm.
You must be on the night shift... It's got to be late there
So are you saying silver is an honest market or you just haven't looked?
How much are willing to invest ? I can get you in on a ground floor deal!
My question still stands retard. I'm not buying some stupid paper ETF. You are a true idiot if you think precious metals hold no value in a fiat currency world.
Ampex ain't selling! All out at least until markets reopen.
I just bought 1 TO coins on Ebay for $32 a pop. Best price I've found currently.
Lets circle back on that - you seem to be taking this way to seriously.
Yet here you are writing posts about it
Obviously the satire aspect has escaped you ? My "opinion" based on silvers history is. It is good to buy and hold physical sub 20s so if fiat crashes it could be used as barter or manufacturing etc. It is however a precious metal used for manufacturing in the markets eyes currently and also not particularly rare or "considered" currency, more can easily be mined. SO this theory spreading on the internet right now that it can be artificially inflated by everyone simply buying up in mass and running it up. Is what I am poking fun at here.
Dumb
No don’t buy this is a lie. If you buy physical metal you will be stuck with a shiny rock unable to buy any other commodity
You're fucking lucky that I can't deport your low energy, lying shill ass.
based and Agpilled
Holding 2'100 troy ounces here!
Silverado all the way here! I've got my vault and adding to it all the more! Silver is the key to the future...
So just curious whats your angle? Did you buy in high and need to sell in order to buy food now or something ?
It's not high right now, it's about low-middle. Once it's high and or currency / inflation go haywire (which is more likely with incompetent) administrations, silverado sails for the sunset. :D
BTW I'm talking physical silver. Paper silver is ok but less easy to liquidate.
I walk into the local pawn-shop and get it changed to cash like its a bank.
Actual legit Shill non Logic - Got it, and Name Checks Out...
LOL. Yours checks out too turnip brain. :) I shill for silver as much as I shill for freedom and silver is a win-win. Why be a slave to the fiat fags and regulated up the wazoo?
Get your ass to GME and silver that ship's hold captains! :D
Waste of time responding to meatball
7% gains on silver open today :p
Fake as hell. Went there and it is a ghost town. No conversation at all. Like a broken IRC.
Went where?
STC Capital Partners at their so called Elon Musk hosted wanna be IRC matrix. Totally counterfeit.
What does any of that mean?
The chat room is built by a shill alphabet boy slurpper. Just trying to let people know it is not worth the time to down load some elemnet.ie link to see if Elon Musk is really there. FAKE.
the WSB discord has been back for a while anyway, hop on there if you can keep up and dont mind the $5/mo
Why would the discord be any better than this platform? I have never used it.
maybe I missed something but that chat room is all about buying and holding GME.
Pretty empty when I visited. No subject matter.
People are recruiting. Real action starts tomorrow.
Fuck silver cucks
Fuck negative handshake shills
Don’t buy silver it’s a lie. Once you buy silver you won’t be able to move your money from one stock or asset to the next. It will be kept in you closet until you can finally unload it for a loss. This is a lie.
Only limp dick losers sell silver for a loss. With out of control government spending silver will never be below $20 again.
Yup. $21 is strong support. I doubt we'll ever see silver prices close below that ever again.