Posts
3267
Joined
6/2/2024
Location
Seattle, WA
US
Edited Date/Time
12/25/2025 6:42pm
Anyone invested in any of it? Gold & Silver have been climbing for a while, especially over the last few months Silver has been on a steep climb upward.
Most of the big banks have switched from a short position to a long position on silver. The price manipulation is finally coming to an end.
Gold over $4500 and Silver over $74 this morning.
Just checked ……This is so exciting. I been holding for over a decade back when it was down in the 12s. I bought a little bit of gold . Hopefully this continues. 😎
Yessir, go baby go!
Voltaire said that fiat money always eventually returns to its intrinsic value of zero and it looks like that is finally starting to happen. The world is changing. Hang on, it’s going to be a wild ride!
Not my area of expertise, what’s a reasonable amount to get ahold of? Or how much would you suggest someone should have on hand? Regarding silver and gold.
The Shop
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Free shipping: VITALMX
Luxon 4-Post Bar Mounts
$189.95 - $239.95
The guy that ran the liquor dept at my local grocery store had all silver dimes directed to him over 30 years. There is a 10% smelting fee but after that its all Gold ! ( I mean Silver  
!
He maybe has about $50,000
But it didn't cost him anything
A decade ago, when I started buying they were saying a 1000 troy ounces of silver minimum and 10 troy ounces minimum of gold. But that’s probably changed by now. I stopped buying silver because my wife was getting on to me about it. So I stopped. Wish I hadn’t now, but still I’m seeing a really nice return on the investment I made if I cashed in right now. But I’m not going to do that anytime soon because it looks like it’s going much higher.
Been watching silver idle for a while.now ,its nice to see it take off. If the demand is out pacing the supply like its claimed then mining companies would be something to look into. Im currently looking to pull the trigger on some copper ETFs. Copper will be the next metal to go bonkers.
Copper is already going bonkers. I’ve been stashing away scrap copper for awhile now and finally made the decision to bring it to the scrap yard a few weeks ago. I had bare bright stripped wire, #1/#2 copper and brass. Walked away with over 5k. Already starting my next stock pile with a bunch of 3” copper drain line that I tore out the other day. Bare bright was 4.20/lb, #1 4.00/lb #2 3.80/lb
Look at silver or gold as holding or storing wealth more so than as an investment. You need some cash to operate and live on but why keep excess cash just for the sake of having cash laying around when cash is going down in value while the metals are going up?
I can’t recommend looking up Andy Schectman enough on YouTube. He owns Miles Franklin, one of the top precious metals dealers in the country and has done hundreds if not thousands of podcast interviews on the subject. He has seen and talked about this current situation where the values are climbing for a while.
Hadn't had a chance to fact check this but the story goes :
Chilie wants to open Copper mines in and amount the Boundarie Waters Canoe Area BWCA .Chilie then would sell the Copper to China. ( Ill dig into that today )
2 LARGE orders for silver in the last few days that has the market in a panic at the moment. One for $4.2 Billion worth and the latest for $8 Billion worth. Both are demanding delivery, which has the market’s panties in a wad. When the big buyers were just trading paper to manipulate the price, nobody ever wanted or needed physical delivery. Now that these 2 mystery buyers are demanding delivery, the game has totally changed and this will create a new floor price in the $70-$80 range. Today it is over $79. I expect $83-$85 by Monday morning and $95-$100 by Jan 1. Depending on who you listen to, I’m hearing $200-$500 over the next year. Q1 of next year is going to be wild.
I been investing for awhile, mostly lead and brass.
😜 I have my parents silver platter, tea stuff and silverware etc in the rafters. Not sure if it's worth more as is or melted ?
This is from 5 minutes ago!
Metals - One of the biggest scams around.... right behind the stock market
Buy land... you can't eat gold... and land has outperformed metals many times over dollar wise
Land is typically way more expensive than buying a few ounces of gold or whatever.
You are wrong.
Buckle up y'all. Shit's about to get real.
Pit Row
I’ve never been able to buy and stack land $100 or whatever at a time and my county has never sent me a property tax bill for my metal, so there’s that…
The scam is the way the value has been suppressed for so long.
The biggest scam of all is the federal reserve system.
The price has dropped over the last hour from almost 84 to 78 something.
Drastic suppression measures taken but resistance is temporary and futile:
https://youtu.be/29a-ACdBSEg
It’s been holding over the 48 hrs at mid to high 70’s. Right now it’s at $73;54. This has been a crazy 5 or 6 days.
Multi billion dollar orders from mystery buyers over the last week - 10 days. You think somebody is desperate to keep the price down?
I bought some silver recently from Scottsdale Mint. I was a little surprised to see JD Jetting as the shipper. If I decide to sell, where is the best place to sell silver, or gold?
I imagine all metal dealers have their own policy but I know for sure that Miles Franklin will buy back. That’s one of the main reasons I buy from them, plus Andy Schectman is just good people and highly respected in the industry.
Apmex buys back. I was under the impression that most do. I have always thought that I would unload some of mine when the time comes to use a local dealer.
Its official were on our way to mining Copper & Nickel in the Pristine Boundary Waters Canoe Area
User "3 Tres" deleted a ton of posts he had in this thread, what happened? He had some good posts comparing gold, silver, BTC, etc.
Haha, I did buy land.....................and the gold is on it, I literally own an old gold mine 🤩
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