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here is my haul that came in the mail today. The flag is 5 oz , the small gold piece is a gram , 9 other one ounce coins ,and a 1/4 ounce silver piece. The two flat pieces are an.ounce a piece , they are zodiac cards from a place called North view products , they do some cool shit with silver , I have quite a few things from them.
Agreed , I buy those type of items for myself , and it's far and few that I purchase. I generally stick to one oz rounds , or 5 and 10 ounces chunks
There will come a time when a farts worth of silver will command a massive price. Even if the fart is included. Cool won't even be a thought.
630 grams is about 20.25 troy ounces, so you have about $665 current melt value. That's fine if you enjoy them as little works of art. From a strictly "best silver investment" point of view, the price is a little high, but you knew that going in. Keep in mind when buying things like this, including Franklin Mint and other private mint stuff, when you go to sell, you can't expect to get any "collector value" back.
Yeah but those are awesome. They have a nice tone.
I don't actually buy any of 90% coins ,but it's definitely not a bad idea to have some in your stack.
There’s been an economic doom thread here on NES since 2009. Does that mean anything? I don’t know but I don’t think the dollar is crashing anytime soon.
Can I ask, why not? Just curious... Its literally my favorite silver to stack, its the one thing they're not making any more of, ever
I really don't have a reason to give you , I've just never bought any of it. I really prefer to buy it in the 5 or 10 oz chunks , but I do have a bunch of the basic one oz rounds as well.
Yeah I was being facetious with it being "worthless" but its also absolutely true that silver has maintained its purchasing power over decades and decades, while the purchasing power of the USD has shrunk dramatically over that same time. And printing trillions more paper dollars is certainly not going to INCREASE the value of the USD... I guess thats more what I meant..
See, I like that its fractional. That checks off my SHTF barter box as well as my silver investment box - and I'm still buying silver in 7oz chunks (each tube of halves or quarters). I like that I can sell a full 7 oz tube, or just 1/3 oz (single half dollar - or 1/6 oz quarter) or any amount in between...
I'm not expert ,so I wouldn't be able to tell you shit.
thebubblebubble.substack.com
I would jump on as many as you can afford... the explosion many of us have been predicting feels imminent with "buy silver day" possibly - finally? - acting as the catalyst to trigger an absolute tsunami of a short squeeze with silver.
Bullion banks have been artificially tamping down the price of silver for YEARS by dumping paper silver short contracts on the market every day. They are MASSIVELY over leveraged as a result, holding over 42,000 futures contracts - equivalent to 211 million ounces of silver - or nearly 1/4 of the worlds annual silver production.
Know what a "short squeeze" is? For every dollar silver increases in price, those bullion banks holding those massive silver short contracts stand to lose more than 200 MILLION dollars. Imagine what happens if silver goes up $5? That is 1 BILLION in losses. What about $10, $15?? Those banks rush to buy physical silver to cover their contracts and minimize their losses, further driving prices up, further forcing MORE buying of physical silver - already in short supply - to cover contracts and minimize losses, and on and on. This can clearly snowball!!
Will "buy silver day" be the catalyst we finally need to trigger an enormous short squeeze?? It certainly seems like it *could* be.
This article explains it all much much better than I can - WHY the bullion banks have been suppressing the price of silver, HOW they've been doing it, and the resulting situation, which looks like a powder keg just looking for a spark. If we're writing about $40 silver next week at this time... don't say you weren't warned!
The Mechanics of Silver Price Suppression
Learn how bullion banks like JP Morgan and UBS slam silver lower almost daily to suppress its price—and why it's likely to break free from the manipulation soon.
Negative sir. June contract now live. Gold is $3078. Spot is $3052.
I can’t afford beer…that would mean doom
