Gold

[dcar00 14144]

On 8/10/2020 at 7:24 PM, Armybrat said:

He lurks here some and even posted a couple of times on TOS, so he ain’t crazy.

excuse me sir, I believe we'll be the judge of that.

[Armybrat 40814]

10 hours ago, dcar00 said:

excuse me sir, I believe we'll be the judge of that.

Ok

 

[RDCanecutter 26377]

If anybody wants to go buy silver, I just made it plunge two dollars, by buying some earlier.

[bernorange 8359]

Your sacrifices are appreciated.

[RDCanecutter 26377]

2 hours ago, bernorange said:

Your sacrifices are appreciated.

I'm a regular Hunt brother on my days off.

[workswithseed 2086]

Since there is talk of short squeezing silver and it's a PM I figured it might be posted in here.

[RPM 26315]

On 9/4/2020 at 11:08 AM, RDCanecutter said:

I'm a regular Hunt brother on my days off.

Reddit before Reddit was cool.

[bernorange 8359]

Quote

Retail sites for silver have been overwhelmed with demand for bars and coins, suggesting the frenzy that roiled commodities markets last week is spilling over into physical assets.

Dealers including Money Metals, SD Bullion, JM Bullion and Apmex said over the weekend they were unable to process orders until Asian markets opened because of unprecedented demand. Buying continued on Monday, and spot silver and futures jumped to breach $30 an ounce.

“Pretty much physical silver is almost all gone in terms of live inventory,” Tyler Wall, president and chief executive officer at SD Bullion, said in a Bloomberg TV interview. “Currently we’re seeing the premium -- the price you pay over spot to get actual physical silver in your hands -- is skyrocketing. Most stuff on our website’s at least 30% over spot and we can’t source it for much less than that right now from our wholesalers.”

...

https://www.bloomberg.com/news/articles/2021-01-31/silver-retail-sites-grind-to-halt-as-reddit-horde-moves-to-coins

[RDCanecutter 26377]

9 hours ago, workswithseed said:

Since there is talk of short squeezing silver and it's a PM I figured it might be posted in here.

I guess it's a matter of time before the Hive Reddit mind runs out of nostalgia companies and silver, and turns to gold.

[RDCanecutter 26377]

16 minutes ago, bernorange said:

https://www.bloomberg.com/news/articles/2021-01-31/silver-retail-sites-grind-to-halt-as-reddit-horde-moves-to-coins

You know there are some fugly priced-double-what-the-metal-is-worth silver widgets finally selling now. I expect to see Franklin Mint chess set ads at this rate.

[Armybrat 40814]

Guess I’ll just keep using my kilo silver bars as door stops then.

 

[bernorange 8359]

5 minutes ago, Armybrat said:

Guess I’ll just keep using my kilo silver bars as door stops then.

 

 

[Superhero 8826]

Run baby run. I was down 40% at one point, now I'm around even. Go up a bit more and I'm gonna sell about 1/2 my silver holdings ~300 oz.

There's a couple of PM coin places close to work, wonder how much they'll offer compared to Apmex.

[workswithseed 2086]

3 hours ago, bernorange said:

 

 

I love how much money Demo Ranch just shoots expensive stuff for fun. Makes me wonder how much he makes.

[RDCanecutter 26377]

4 hours ago, workswithseed said:

I love how much money Demo Ranch just shoots expensive stuff for fun. Makes me wonder how much he makes.

He probably just melted that big ingot into smaller "art bars" with titties or guns or maps of Texas on them, then resold them for 20% mark-up.