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Posted: 1/28/2021 3:46:05 PM EDT
Boss gave me $300 for coming in over the weekend to clean up a few things.  Stopped by the local pawn shop (best in the city) and two older guys were in buying ALL the new silver they had.  At least 500 coins in sleeves out on the table.  

Looks to be about $30-32/oz on AMPEX through EBAY depending on if it's 1oz or 10oz weights.

http://www.ebaystores.com/APMEX
Link Posted: 1/28/2021 3:49:26 PM EDT
[#1]
Yeah, we have another thread on it.   SLV has gone up 50 cents in the last hour.    Who knows if it’ll last, but thats a big move for an otherwise bland commodity.
Watch the online sellers to see if their stock dries up.  If it does, then you’ll know it’s on like Donkey Kong.
Link Posted: 1/28/2021 3:49:53 PM EDT
[#2]
Physical silver is for poors
Link Posted: 1/28/2021 3:53:06 PM EDT
[#3]



Link Posted: 1/28/2021 3:54:22 PM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Physical silver is for poors
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Actually, get both!
Link Posted: 1/28/2021 3:59:29 PM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Physical silver is for poors
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I resemble that remark.
Link Posted: 1/28/2021 4:01:18 PM EDT
[#6]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Physical silver is for poors
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LOL

Link Posted: 1/28/2021 4:02:35 PM EDT
[#7]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Physical silver is for poors
View Quote


Lol


Legit

Link Posted: 1/28/2021 4:07:48 PM EDT
[#8]
I certainly hope so
Link Posted: 1/28/2021 4:09:26 PM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Physical silver is for poors
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The username...

Attachment Attached File
Link Posted: 1/28/2021 4:10:19 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Lol


Legit

View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Physical silver is for poors


Lol


Legit




What's the difference?
Link Posted: 1/28/2021 4:11:48 PM EDT
[#11]
How will this effect colloidal silver?

Drinking that stuff with every meal aids in digestion of my Arf-Keto bacon only diet.
Link Posted: 1/28/2021 4:12:00 PM EDT
[#12]
Brrrrrrrrrrrrrrrrrrr!
Link Posted: 1/28/2021 4:22:07 PM EDT
[#13]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Physical silver is for poors
View Quote

I felt so bad about having silver in my possession that I had it plated with platinum to hide my shame.


Link Posted: 1/28/2021 4:39:08 PM EDT
[#14]
I'm RICH!!!!!

Link Posted: 1/28/2021 4:42:16 PM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

I felt so bad about having silver in my possession that I had it plated with platinum to hide my shame.


View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Physical silver is for poors

I felt so bad about having silver in my possession that I had it plated with platinum to hide my shame.



Attachment Attached File
Link Posted: 1/28/2021 4:44:01 PM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

I felt so bad about having silver in my possession that I had it plated with platinum to hide my shame.


View Quote


Really??

I bronzed mine
Link Posted: 1/28/2021 4:45:44 PM EDT
[#17]
Link Posted: 1/28/2021 4:47:54 PM EDT
[#18]
Saw this earlier https://www.zerohedge.com/markets/reddit-rebellion-about-descend-precious-metals-market


And





And


Dangit where's the Ron paul it's happening meme
Link Posted: 1/28/2021 4:49:53 PM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The price is higher today so by all means run out and buy some.

What the fuck do they do with school children for 8 hours a day across 12 years?

Here's some old boomer advice: Buy LOW and sell HIGH. All you kids are doing it backwards for some reason.

View Quote

Link Posted: 1/28/2021 4:53:49 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The price is higher today so by all means run out and buy some.

What the fuck do they do with school children for 8 hours a day across 12 years?

Here's some old boomer advice: Buy LOW and sell HIGH. All you kids are doing it backwards for some reason.

View Quote


Bro, do you even meme bro?


Link Posted: 1/28/2021 5:00:42 PM EDT
[#21]
Spot is up 5%+ on the day.
Link Posted: 1/28/2021 5:03:21 PM EDT
[#22]
Quoted:
Physical silver is for poors
View Quote

silver coins are for poors.
1000oz bars and up is not.
Link Posted: 1/28/2021 5:03:47 PM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Physical silver is for poors
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That username is not one I would look to for financial advice
Link Posted: 1/28/2021 5:06:34 PM EDT
[#24]
Not a silver wizard here, but physical coins can be used more easily as $ if the $ goes to zero or electronic payments methods go dark. Just my $0.00000002
Link Posted: 1/28/2021 5:16:21 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The price is higher today so by all means run out and buy some.

What the fuck do they do with school children for 8 hours a day across 12 years?

Here's some old boomer advice: Buy LOW and sell HIGH. All you kids are doing it backwards for some reason.

View Quote


NOW WAY MAN ITS GOING TO THE MOON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Link Posted: 1/28/2021 5:34:49 PM EDT
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

silver coins are for poors.
1000oz bars and up is not.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Physical silver is for poors

silver coins are for poors.
1000oz bars and up is not.


WTF are you going to do with it though? Physical precious really just benefit the dealers. Try selling.

Ok sure the currency collapses and maybe you come out on top but how much are you going to store in your house where it is totally open to theft and fire?
Link Posted: 1/28/2021 5:36:43 PM EDT
[#27]
We have a metals dealer here I think it's pikeslayer?
Link Posted: 1/28/2021 5:42:28 PM EDT
[#28]
I always wanted the PM in my hands.  Too much over selling of paper exist in this corrupt world and in a shtf world, good luck with the non physical, even bitcoin.
Link Posted: 1/28/2021 5:43:21 PM EDT
[#29]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


WTF are you going to do with it though? Physical precious really just benefit the dealers. Try selling.

Ok sure the currency collapses and maybe you come out on top but how much are you going to store in your house where it is totally open to theft and fire?
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Physical silver is for poors

silver coins are for poors.
1000oz bars and up is not.


WTF are you going to do with it though? Physical precious really just benefit the dealers. Try selling.

Ok sure the currency collapses and maybe you come out on top but how much are you going to store in your house where it is totally open to theft and fire?

You can sell it back to the dealer.  As to the latter, each person must figure out what works best.  Privade non-bank safety deposits are the best.  All the security of a bank vault w/out fear of confiscation b/c of bank holiday.

Remember, it's for the rebuild and not survival if SHTF.
Link Posted: 1/28/2021 5:44:23 PM EDT
[#30]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
LOL

View Quote


Double LOL.
Link Posted: 1/28/2021 5:45:08 PM EDT
[#31]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

silver coins are for poors.
1000oz bars and up is not.
View Quote
I personally wouldn't buy anything other than Eagles, but you do you.

Doesn't matter either way, my bags are loaded cheap and deep. I'm ready for this party to get started.
Link Posted: 1/28/2021 5:46:03 PM EDT
[#32]
Hedge with Gold and Silver.

This regime and the money printing should inspire no confidence.
Link Posted: 1/28/2021 5:46:54 PM EDT
[#33]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I personally wouldn't buy anything other than Eagles, but you do you.

Doesn't matter either way, my bags are loaded cheap and deep. I'm ready for this party to get started.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:

silver coins are for poors.
1000oz bars and up is not.
I personally wouldn't buy anything other than Eagles, but you do you.

Doesn't matter either way, my bags are loaded cheap and deep. I'm ready for this party to get started.

Maples are nice.  I think they're the prettier and higher quality coin.

Both are GTG
Link Posted: 1/28/2021 5:49:18 PM EDT
[#34]
If it makes it to $36 I'm selling. One can dream.
Link Posted: 1/28/2021 5:54:14 PM EDT
[#35]
Link Posted: 1/28/2021 5:54:27 PM EDT
[#36]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Maples are nice.  I think they're the prettier and higher quality coin.

Both are GTG
View Quote
There's nothing wrong with foreign currency either, but I'd just stick with domestic coins. If junk didn't go full retard I'd consider that still on the table too, but if I were to start all over again I'd keep it simple and only stack eagles. I think it's the easiest "buy and forget about it" way to go, and if you ever sell, you won't have to worry about pricing out a bunch of different pieces, and you'll still get a slight premium back over junk/bullion. There's certainly more money to be made in numismatics if you want to focus on it, but I'm not too interested these days.
Link Posted: 1/28/2021 5:55:44 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
How will this effect colloidal silver?

Drinking that stuff with every meal aids in digestion of my Arf-Keto bacon only diet.
View Quote


Feeling blue?
Link Posted: 1/28/2021 6:00:32 PM EDT
[#38]
This is related to another r/wallstreetbets deal.

JP Morgan has shorted SLV and they're attempting another short squeeze like Gamestop. Only this time there's supposed to be some trick where they can force the delivery of actual physical silver, not just cash, so they're hoping for a double whammy.

Price of silver expected to climb as this plays out.

Link Posted: 1/28/2021 6:02:43 PM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Physical silver is for poors
View Quote



Amen.
Link Posted: 1/28/2021 6:04:40 PM EDT
[#40]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

You can sell it back to the dealer.  As to the latter, each person must figure out what works best.  Privade non-bank safety deposits are the best.  All the security of a bank vault w/out fear of confiscation b/c of bank holiday.

Remember, it's for the rebuild and not survival if SHTF.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
Physical silver is for poors

silver coins are for poors.
1000oz bars and up is not.


WTF are you going to do with it though? Physical precious really just benefit the dealers. Try selling.

Ok sure the currency collapses and maybe you come out on top but how much are you going to store in your house where it is totally open to theft and fire?

You can sell it back to the dealer.  As to the latter, each person must figure out what works best.  Privade non-bank safety deposits are the best.  All the security of a bank vault w/out fear of confiscation b/c of bank holiday.

Remember, it's for the rebuild and not survival if SHTF.


And what % is their cut when you sell back to them?

If this is for a real SHTF you can fuck right off with trusting some third party.
Link Posted: 1/28/2021 6:13:52 PM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The price is higher today so by all means run out and buy some.

What the fuck do they do with school children for 8 hours a day across 12 years?

Here's some old boomer advice: Buy LOW and sell HIGH. All you kids are doing it backwards for some reason.

View Quote

I know that, and you know that. But I'm glad everyone doesn't know that. When you buy low, the only way you can sell high is if there are people buying high.
Link Posted: 1/28/2021 6:14:04 PM EDT
[#42]
The Hunt Brothers tried cornering the market in 79'. If two brothers were able to drive the price >50.00oz, imagine what happens if thousands of individuals are buying up all the physical silver. I can't think of any active silver mines that are replenishing supply.
Link Posted: 1/28/2021 6:15:43 PM EDT
[#43]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
This is related to another r/wallstreetbets deal.

JP Morgan has shorted SLV and they're attempting another short squeeze like Gamestop. Only this time there's supposed to be some trick where they can force the delivery of actual physical silver, not just cash, so they're hoping for a double whammy.

Price of silver expected to climb as this plays out.

View Quote


Good, my mortgage needs paying off.
Link Posted: 1/28/2021 6:21:02 PM EDT
[#44]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


And what % is their cut when you sell back to them?

View Quote
JM's been buying at a premium lately.
I can sell right now to them and end up with a decent profit. In fact I was going to, but I'm going to hold a bit longer now and see what happens. Buying low is the key to PMs, and the wait for that can be long but we just had salad days not to long ago and I loaded up then. Most of my buy-ins were between like $10-$18. Let it fly, I say.
Link Posted: 1/28/2021 6:21:06 PM EDT
[#45]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
This is related to another r/wallstreetbets deal.

JP Morgan has shorted SLV and they're attempting another short squeeze like Gamestop. Only this time there's supposed to be some trick where they can force the delivery of actual physical silver, not just cash, so they're hoping for a double whammy.

Price of silver expected to climb as this plays out.

View Quote

Interested to see how they could take delivery on SLV.

My understanding is they don't have to give you the physical metal.

The Sprott silver trust on the other hand, is deliverable.
Link Posted: 1/28/2021 6:21:48 PM EDT
[#46]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

silver coins are for poors.
1000oz bars and up is not.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Physical silver is for poors

silver coins are for poors.
1000oz bars and up is not.


How hungry are you?

I'll trade you this can of beans for that 1000 ounce bar.

And I'm not making change.  
Link Posted: 1/28/2021 6:23:57 PM EDT
[#47]
I thought I read somewhere that the reddit crowd was going to game silver like they did gamestop stocks.
Link Posted: 1/28/2021 6:26:31 PM EDT
[#48]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


WTF are you going to do with it though? Physical precious really just benefit the dealers. Try selling.

Ok sure the currency collapses and maybe you come out on top but how much are you going to store in your house where it is totally open to theft and fire?
View Quote

My moms tarded and she's a pilot
Link Posted: 1/28/2021 6:27:06 PM EDT
[#49]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


How hungry are you?

I'll trade you this can of beans for that 1000 ounce bar.

And I'm not making change.  
View Quote
It doesn't matter. In a mad max world, the idea that you're going to roll up to the average village retard that's never even seen a precious metal in his life, and exclaim like Mister Monopoly "See this boy! This is our money now! You will use this to trade!", is laughable. There are more realistic reasons to keep some on hand as an insurance policy, but a total collapse ain't it in my book.
Link Posted: 1/28/2021 6:28:59 PM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
This is related to another r/wallstreetbets deal.

JP Morgan has shorted SLV and they're attempting another short squeeze like Gamestop. Only this time there's supposed to be some trick where they can force the delivery of actual physical silver, not just cash, so they're hoping for a double whammy.

Price of silver expected to climb as this plays out.

View Quote
I hope so
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