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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 |
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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. |
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How will this effect colloidal silver?
Drinking that stuff with every meal aids in digestion of my Arf-Keto bacon only diet. |
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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 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. Attached File |
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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. |
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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? |
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Quoted: Physical silver is for poors View Quote silver coins are for poors. 1000oz bars and up is not. |
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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
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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!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! |
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Quoted: silver coins are for poors. 1000oz bars and up is not. View Quote View All Quotes View All Quotes 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? |
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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.
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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 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. |
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Hedge with Gold and Silver.
This regime and the money printing should inspire no confidence. |
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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 Quoted: Quoted: silver coins are for poors. 1000oz bars and up is not. 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 |
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Quoted: Maples are nice. I think they're the prettier and higher quality coin. Both are GTG View Quote |
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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. |
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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 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. |
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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. |
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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.
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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. |
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Quoted: And what % is their cut when you sell back to them? View Quote 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. |
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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. |
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Quoted: silver coins are for poors. 1000oz bars and up is not. View Quote View All Quotes View All Quotes 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. |
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I thought I read somewhere that the reddit crowd was going to game silver like they did gamestop stocks.
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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 |
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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 |
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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 |
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