It’s deflation, baby. The Fed has been exposed as powerless. All it can do is create worthless bank reserves with big numbers. It’s going to take Congress to move the needle in the other direction. So if you don’t see Congress acting, don’t fall for any head fakes. Keep stacking. Keep some cash on hand to buy some miners cheap. If you want to be a contrarian’s contrarian, go long on long dated treasuries. We could have the mother of all short squeezes play out.
Seeing your stack has inspired me to get those same Scottsdale 10 oz stackers, do you enjoy them?
William Wilson
"However CRU's analysts state silver's unmatched electroconductive qualities mean there is a “physical limit” on the possibility of further reducing silver loadings in cell production, as efficiency losses outweigh the benefits achieved from cheaper raw materials such as copper or aluminum."
Jaxon Reyes
cope, this explains the constant price slump as demand is simply biz speculators and pm dealers shilling the boomer narrative and dumping on them at a premium
The best 10 oz bar I've ever owned. They are very satisfying. I sold my other 10 ozers to get more of these guys. I only have the FM ones because of the supply crunch we had and they were updating their prices slowly so I ended up getting them for 50 cents over spot even including shipping. I will likely flip them and get more stackers. The Reserve rounds are beautiful too.
John Roberts
cbsnews.com/news/second-stimulus-check-status-update-2020-10-28/ It definitely is. The market is doing its due dilligence and delfating naturally. Look at the ABSOLUTE STATE of the economy, people are begging for helicopter money to save them! I anticipate the markets to keep falling until they come out with a clear confirmation of a stimulus, so we'll likely see gold and silver behin to climb back up right about today or tomorrow
I think I’m going to go buy another platinum maple this morning. Talk me out of it lads
Elijah Gonzalez
People shill silver left and right, but I can't stop buying gold. It is much more satisfying.
Oliver Garcia
Alright I figured out my portfolio.
DOLLF Impact Aurcana Skeena I might put kinross or First Majestic in there, but I'm not adding anymore god damnit. fuck trying to pick out like 8 stocks, I've gotta keep it simple and get 4-5 good ones and THATS FUCKING IT
Have to agree, those are excellent. Not sure I'd get them here in Bongland though, premiums for silver are bad enough but they are ludicrous on bullion.
Dominic Martinez
point of data ag current spot $23.20 ebay sold bullion shows 1 oz pcs going for approx $30. More for better rounds. Though there's an auction listing for 10 silvertowne mint bars (1 ozt prospector mule) that sold for $190+$6.05 s/h at 6:47 am pacific. Bummer for that seller. Also, stackpoasting.
This looks like its gonna continune into the elections. The dip i mean.
Noah Bailey
Reminder that banks are facing a insolvency crisis, and are selling off assets to cover their asses. No one believes more stimulus isn't coming, and this huge dip is in consequence indicate of the greatest financial reckoning of our lifetimes.
Some Banks will collapse. People will freak out. Trillions and Trillions of more dollars will be created. And a decade of global chaos will be set in motion.
