Author Topic: Silver  (Read 71465 times)

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #175 on: October 04, 2024, 08:02:48 PM »
The bich of it is what goes along with that.

Don't forget Monday.

Nemo

If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline pkveazey

  • Hardcore Prepper
  • ******
  • Posts: 2407
  • Karma: +5/-1
Re: Silver
« Reply #176 on: October 21, 2024, 01:57:15 AM »
It's 1:55 AM and Silver just bounced off of $34 oz. and is just a few cents under it. I'm guessing that this is it. I think it will slowly climb and have a few small pull backs while its upward travel. :dance:

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #177 on: October 28, 2024, 11:02:08 AM »
And a week later.

Fox News just ran a mention of gold markets in a story on the economy.  Is it people fearing more inflation or national election or the new numbers (GDP, Inflation, Natl Debt) on the health of the U.S. economy coming out this week.

Nemo

from 3 minutes ago

https://www.monex.com/
Quote
Gold $2,746.00 -3.00
Silver $33.96 +0.26
Platinum $1,042.00 +12.00
Palladium $1,225.00 +20.00



« Last Edit: October 28, 2024, 11:05:32 AM by Nemo »
If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline pkveazey

  • Hardcore Prepper
  • ******
  • Posts: 2407
  • Karma: +5/-1
Re: Silver
« Reply #178 on: October 28, 2024, 05:26:31 PM »
The news media begrudgingly mentions the economy every now and then so they can at least say they have reported it. It's kind of like not mentioning that Stevie Wonder is blind. Maybe if we don't mention it, Stevie won't notice that he is blind. They pretty much think that the people are complete idiots. Hmmmm.... From what I've seen, they may be right. :coffeeNews:

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #179 on: October 29, 2024, 09:50:42 AM »
And a few hours later.  I guess the trading day opened.

Nemo

0950.

top of page banner

https://www.monex.com/
Quote
Price Change UP Icon Gold $2,763.00 +20.00
Price Change UP Icon Silver $34.29 +0.65
Price Change UP Icon Platinum $1,053.00 +15.00
Price Change UP Icon Palladium $1,244.00 +23.00
If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #180 on: November 07, 2024, 07:04:02 PM »
Might wait a few days for any more purchases.

Nemo

https://www.jpost.com/business-and-innovation/precious-metals/article-827998

but then again

https://www.monex.com/

Quote
    Price Change UP Icon Gold $2,710.00 +45.00
    Price Change UP Icon Silver $32.05 +0.80
    Price Change UP Icon Platinum $1,005.00 +13.00
    Price Change DOWN Icon Palladium $1,045.00 -4.00
« Last Edit: November 07, 2024, 07:06:51 PM by Nemo »
If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline Deathstyle

  • Hardcore Prepper
  • ******
  • Posts: 1081
  • Karma: +6/-0
Re: Silver
« Reply #181 on: November 08, 2024, 03:00:34 AM »
Perhaps Trump?s economic policy will cause a steep price drop to allow the poors to acquire more
"Blackouts are God's way of saying, 'Don't worry 'bout it".

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #182 on: November 08, 2024, 08:44:39 AM »
Just take your gas money savings and go metal.  Or beer. 

Nemo
If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #183 on: November 13, 2024, 05:40:37 PM »
Notes for today.

Nemo


https://www.monex.com/

Quote
DOWN Icon Gold $2,575.00 -26.00
DOWN Icon Silver $30.33 -0.41
DOWN Icon Platinum $941.00 -12.00
DOWN Icon Palladium $956.00 -8.00

If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline pkveazey

  • Hardcore Prepper
  • ******
  • Posts: 2407
  • Karma: +5/-1
Re: Silver
« Reply #184 on: November 14, 2024, 02:56:14 PM »
Oh No.... I couldn't stand it any longer. I just had to buy the dip. I had no plans to buy any more Silver, but I just couldn't stand it. :facepalm: I went to town today and bought a bit more Silver. Fortunately, when I got home, the price had gone up a little. The whole world is buying all the Silver they can get their hands on and we, in the US, are sitting on our thumbs and letting the world pass us by. :coffeeNews: It wouldn't be prudent to advertise how much I bought, but let's just say it was more than 10 ounces and less than 100. When I got home, I got out my "Ping Coin" app and checked each one and they all came up as real. :dance: When you live in a world where a Krispy Creme Doughnut used to cost 10 cents and now it cost $1.50, there is definitely something seriously wrong with our money policy. OK, OK, I know that today, I have to live in both worlds, where I also need Dollars, but I'll be ready for the crash and will survive. When the Puppeteers no longer can pull the strings, Silver will not be worth what "THEY" say it's worth, but it will be worth what "I" say it's worth. Now, for my pet peeve: I have people tell me all the time, "You can't eat Silver". OK, smartass, let me see you eat dollar bills. :pissed:  I have a close friend who is all in on GOLD and I can't convince him to also buy Silver. Gold is great if you want to buy a House or a new Car, but what about small items like clothes or groceries? Oh, well, at least my friend will survive the crash.

Offline JohnyMac

  • Administrator
  • *****
  • Posts: 15212
  • Karma: +23/-0
Re: Silver
« Reply #185 on: November 14, 2024, 04:52:00 PM »
PKv wrote, "I have a close friend who is all in on GOLD and I can't convince him to also buy Silver."

Two things...

1) You need to diversify, and
2) You use gold to buy big things, e.g. cow, tractor, horse, truck, etc. and you use silver to buy small stuff, e.g. medical, food, ammo, services, etc.

 :thumbsUp: :cheers:
Keep abreast of J6 arrestees at https://americangulag.org/ Donate if you can for their defense.

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #186 on: November 18, 2024, 08:02:48 AM »
And some creeping upward.

Remember, 10-22 it was at $34.79, the highest in the 10 years, per link below

And gold hit $2748 on October 31, the highest in10 years.

Nemo

https://www.monex.com/

Quote
Price Change UP Icon Gold $2,598.00 +29.00
Price Change UP Icon Silver $30.83 +0.43
Price Change UP Icon Platinum $963.00 +19.00
Price Change UP Icon Palladium $991.00 +31.00
« Last Edit: November 18, 2024, 08:08:55 AM by Nemo »
If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #187 on: November 22, 2024, 09:39:57 AM »
And update.  Gold and Sliver up, Platinum and Palladium down.

Gold up nearly $100 in 4 days.

Nemo

https://www.monex.com/

Quote
Price Change UP Icon Gold $2,690.00 +14.00
Price Change UP Icon Silver $31.06 +0.21
Price Change DOWN Icon Platinum $968.00 -3.00
Price Change DOWN Icon Palladium $1,034.00 -27.00

If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline pkveazey

  • Hardcore Prepper
  • ******
  • Posts: 2407
  • Karma: +5/-1
Re: Silver
« Reply #188 on: November 22, 2024, 07:45:06 PM »
I've been watching Silver like a hawk ever since the election. It did exactly what I thought it would. Oh, look Trump won. Now it's all going to be sunshine and Unicorns, so we don't need to buy Silver and Gold. :coffeeNews: Well, I called BS on that one. :facepalm: Today looked good for Silver. I waited until the Close at 5 PM and Silver ended up at $31.35 oz. Now, if my guess is right, it will take off on Monday and make its way back up to $35 oz. :popcorn: I hate to pee all over the SHEEPLE but dammit, they should be prepping their butts off, but they won't and it's going to bite them right in the butt before it's over. :deadHorse:

Offline pkveazey

  • Hardcore Prepper
  • ******
  • Posts: 2407
  • Karma: +5/-1
Re: Silver
« Reply #189 on: November 25, 2024, 08:17:56 AM »
My Brother-in-Law passed away about a year and a half ago and he was a collector of Proof set coins. My Sister sold off some of the Silver to a coin shop that I use. The other day, I talked with her on the phone, and she said that she still had a bunch left. I told her that I was interested in seeing what she had and maybe buying some or all of it. Then a grabbed a wad of money and headed for her house. There was far too much to count and calculate so I gambled and just gave her all the money I had brought and took my chances. After spending about 6 hours going through every piece of it, I was able to separate all the stuff that had Silver in it. A couple of pieces were 999 fine, a bit more was 90% Silver and some of it was 40% silver. The rest was a bunch of Modern coin grade proof sets. Now that I have it all separated, I'll try to sell off the coin grade proof sets. I hope I'll recover the amount that I paid her. It is looking pretty good because there was some real Confederate bills and some Silver Certificates in there also. For some reason coin collectors like Silver Certificates and Confederate money. I should do OK with that stuff. When the SHTF, I probably will open the Proof sets that have Siver content coins and just sell or spend the other non-Silver proof coins. I may come out a bit on the short end but I'm guessing that I'll come out a little bit ahead when all is said and done. None of the Proof sets have been touched by human hands because the sealed packages have never been opened. That alone might make them appealing to my coin shop dealer. Yes, I'll offer them to him at a price that should make him want them even though they won't be the Silver Proof sets. I talked to my sister on the phone today she said that If I come out on the short end, she'd be glad to give me the difference back. I told her not to worry about it because I'll probably come out a little ahead and the only pain in the butt was having to sort through all that stuff and having to find a buyer for the stuff that I don't want. We'll see what we see when we see it.

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #190 on: November 26, 2024, 05:25:05 PM »
and metals are creeping up again.

Nemo

https://www.monex.com/

Quote
Price Change UP Icon Gold $2,636.00 +12.00
Price Change UP Icon Silver $30.46 +0.22
Price Change DOWN Icon Platinum $935.00 -8.00
Price Change UP Icon Palladium $999.00 +4.00
If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline pkveazey

  • Hardcore Prepper
  • ******
  • Posts: 2407
  • Karma: +5/-1
Re: Silver
« Reply #191 on: December 07, 2024, 08:02:27 AM »
A small update on my Silver purchase. I found 4 full rolls of Wartime Nickels and they are 35% Silver. They range from really nice quality to fairly worn. I think the Coin Collectors might be interested in paying a decent price for those. I did the calculations based on 35% of today's Silver price and those 4 rolls came out to be around $75 worth of Silver. The Wartime Nickels are the ones with the large mint marks above Monticello (Jefferson's Home).

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #192 on: December 07, 2024, 09:07:16 AM »
Monticello (Jefferson's Home).

I'd guess about 75 to 100 mile from you.  Ever been there?  If not, you should go visit.  As well as the rest of everybody here.

Nemo
If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline Felix

  • Committed prepper
  • *****
  • Posts: 870
  • Karma: +1/-0
  • Hunter, grower, brewer, distiller.
Re: Silver
« Reply #193 on: December 07, 2024, 06:58:15 PM »
PKV- " I hate to pee all over the SHEEPLE but dammit, they should be prepping their butts off, but they won't and it's going to bite them right in the..."

In long terms, likely, almost certainly yes.
In short term, and with the power of governments to "confiscate" or "quarantine"... (at the price they set), not so sure.

Bought into PMs (have emergency quantity in both bullion and "currency" physically in hand) and then "leveraged" my "bets" with acquiring miners AND ETFs (complete with dividends) on the equities markets.
And in the last few weeks, I've been biting it HARD.   Sold non-preforming issues for a minor profit and have taken a losses on others.
Long, long, long term... PMs have a provable track record.   Yet, what do they say throughout?    "The market can be wrong longer than you can remain solvent"?
   Now, in cycles immediately in front of us (which can last for months/even years), PMs are neither wholly predictable nor reliable as far as hard calendar dates are concerned.
But yes, I agree.   They are somewhat predictable.  Long term.  "Cause _this time_.... it's never really "different" though?
In a sharp downturn, PMs demonstrate a tendency to be used to cover other poor bets, covering misappropriated "leverage".    If it isn't _nailbed down_ and one doesn't choose to "book a loss", then it is  candidate for sacrifice, "short-term".   This crushes immediate prices.
"Buy the dips"?
If day trading is your thing, go for it.
Me?  I'm following Buffet's lead and stacking "dry powder".    It's maddening to see other accounts surging ahead of me on the euphoria of Trump's election.  While my returns are negative compared.
T-bills... the low interest alternative, maybe a wee better than rate of inflation... ???
We shall see.   Buffet is my new middle name.
Win, lose. or draw... Preppers consign their resources to a future that is uncertain.  Understanding that we are moving into a future of inconvenient surprises.  AND almost certainly fraught with hurdles best met with forethought instead of trusting to the kindness of strangers.

Offline pkveazey

  • Hardcore Prepper
  • ******
  • Posts: 2407
  • Karma: +5/-1
Re: Silver
« Reply #194 on: December 07, 2024, 10:53:29 PM »
I've been following PM's since 2016-2017ish and I chose to go all in on Silver because of the BS Gold confiscation rumors. :hiding: I'm 99% certain that Silver will never fall into a confiscation scenario because it is needed for Solar Panels, Solid State Batteries, and Military needs. The supply and demand side also caught my attention. Hmmmmm..... They can only get 800 million ounces out of the ground each year, but the demand is 1.2 billion ounces each year. This nonsense of basing the value of Silver off of the Paper Silver Derivatives tells me that in the end, I will tell you how much my Silver is worth and if you aren't willing to accept my price, then you'll go without getting it. Our governing idiots think that they can punish other countries that join BRICS are fools. When BRICS backs its monetary system with PM's, our system will collapse overnight. When I see India, China, Russia, people like Warren Buffett, and all the Central Banks going all in on Silver, that tells me that I'm doing something right. I look around at my fellow Nimrods and they look like that Bobble Head dog that people put in the back window of their cars. I actually feel sorry for them. :facepalm: If the collapse comes after I'm planted in the ground, my two Daughters will be sitting pretty unless they become idiots and sell off the Silver. They've been warned to not sell the Silver when I'm gone. They know all about prepping, but they seem to be relying on my preps to save them. It's too bad they didn't get a Ham License, but at least they can use the unlicensed frequencies when it all goes wrong. After the US finishes its total blunder and nobody wants to do business with us, we will have to reindustrialize and go back to manufacturing our own stuff like we did in the 1900's. China has already canceled 950 Billion dollars worth of US orders because of the 100% tariff threat. What I see on the horizon is a dual monetary system in the US. There will be a Plastic Money or Digital Money system that the fools will use and there will be an underground Prescious Metals system that will be totally divorced from the OFFICIAL monetary system. Big Brother can't control what it can't monitor. :faint:

Offline pkveazey

  • Hardcore Prepper
  • ******
  • Posts: 2407
  • Karma: +5/-1
Re: Silver
« Reply #195 on: December 07, 2024, 11:05:57 PM »
Nemo: Yes, I've been to Monticello and seen all the really cool systems that Jefferson invented. The most impressive thing was the underground air conditioning system where he opened the top of the dome and the hot air rose up and out and that caused air to want to come in to replace it and the underground pipe/tunnel pulled hot outside air in and the 56-degree ground temperature cooled the air coming into the house and he stayed cool in the summertime. Damn! He created an unpowered Heat Pump for free.

Offline Nemo

  • Hardcore Prepper
  • ******
  • Posts: 6573
  • Karma: +17/-2
  • From My Cold Dead Hands
Re: Silver
« Reply #196 on: December 08, 2024, 10:45:57 AM »
You have some work on your house to do now?  That electric bill can go way down.

Nemo  :)
If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline pkveazey

  • Hardcore Prepper
  • ******
  • Posts: 2407
  • Karma: +5/-1
Re: Silver
« Reply #197 on: December 09, 2024, 11:27:34 AM »
Bwahahaha...... If I was to go totally off grid and build shack in the woods, you can bet that I'd use Jeffersons method of cooling. However, I replaced my total Heat Pump/Air Conditioning system a few years ago and my Electric bill went down about $75 a month.

Ahhhhh..... But now for the good news about Silver. They had me worried for the last 30 days because I predicted that Silver would never go below $31 oz. Well, they pushed it down to $30 but it came right back up near $31 and stayed there. BAM!!! Today it went up to $32 in no time flat. I hope this is the breakout that I've been hoping and waiting for.