Search results

Deleted due to accidental reply instead of edit.

Just wait till it's $15 USD again

The net price effect of "paper silver" buy/sell orders is the same as the one of real silver buy/sell orders: zero. Spot price is the net result of both effects. What's the why of "paper silver" orders: to increase the price of already owned silver, and to decrease the price of silver intended...

It's worth repeating: it's not the virus that stalled people living/working together, it were the lazy cowards that after deserting the economy / after ceasing to help, formed an organisation named "government / state", that used propaganda and violence to force a stall. And it's not something...

That's just temporarly. I learnt to have patience when data says so. I learnt to act immediately when data says so. I have had hard lessons. I had to be patient nearly 10 years. I acted immediately to buy more at recordlow prices. And some month ago I managed to correct my 2011 error. I didn't...

Back up the truck, lol? Why not await $10 down? And not available? All dealers in my region (BE/NL) have all 2020 bullion in stock. Of course, all they sell now is sell high.

Lol make that a return to $1200 or so, that's -40%

Don't forget to keep an eye on the bank of your "dry powder". Things may change relative to 2008, where nearly no depositor lost money due to the bank failures. Since 2011 I get an annual reminder of deposit guarantee limit. Customers/depositors won't be able to claim they didn't know. During...

Yes you can even just slip your gold coins or bars in an envelope and post it to the dealer.

People hold / sell hundreds of shoes loudspeakers cars vans trucks. Where is that practical limit on welfare / richness? And again about the monster boxes examples - if you bought 10 boxes earlier this year at spot $13 + $2, and sold them some weeks ago at spot $26 without + $2, then that "at...

That's a risk for both person and monsterboxes, what's then the difference in trying?

Hard to move? 15 monsterboxes fit in any car. Hell, I regularly use a bicycle to move 50 kg so I could take 3 monsterboxes to a local dealer. Couple months ago I found some freebie roof tiles, together 300 kg, I rode forth and back 10 times.

It wasn't the virus that made producing people sick and so unable to produce and so stall production as a whole. It was the government that did that, locking down economy, halting production. And the pandemic will only be over when sufficient (based on reproduction rate of the SARS-CoV2 virus)...

Anybody that buys a product as inbetween step towards another product (thus the monetary role of storage of value), is a speculator. Even working > earning dollars, is speculation, on the dollar. Because, there is was an existing risk before the act of speculation. And that is also the...

There is now a hard reality out there: the governments inflicted some serious damage to the economical web. Alot production that should have taken place, didn't. The central planning is since years trying to drive up inflation back to their target 2% annually. So far this failed, they still sit...

Well, those "trillions" Quantitative Easing are probably the biggest monetary scam in history, they DID make them, but they made sure that these just stayed in the inflation-sterile environment of member bank accounts at the central bank Federal Reserve. Alot (especially bullion selling sites...

The WorldGoldCouncil organisation publishes data on a term basis. SilverInstitute does this yearly for silver. I downloaded these since a decade, and updated into a textfile. Here a copypaste of gold: Central bank & other institutions - positive figure means total net = selling - negative...

You have that the opposite, they don't suppress PM prices, they increase them when you wanna buy, and decrease them when you wanna sell. See central bank gold purchases. They sell stock at decades recordlows, and buy stock at decades recordhighs. They inflict less dollars, then less ounces...

Same answer: fools. In 1980 and 2011 they ran out of them at $50. That was after a decade of very high general price rises. We have had now a decade prices stagnation. Silvers price doubling had as cause a scam named "corona", scam because it wasn't the virus that kept people from helping...

Who's gonna pay $100 / 1oz? That's the question. Silver does nothing. For a price to be somewhere, some reason for people need to be there. And what will that $100 buy then? I once bought bread at baker for 57 Belgian francs, with 1 euro in 2000 set to 40.3399 francs. A bread costs now 20 years...