Silver Stacking, now might be a good time to invest

[mojo]

Many analyst are expecting Silver to hit $50 per ounce before the end of the year. I recently added to the silver stack on hearing this news. Also Samsung came out with their new battery that utilizes silver and is much better than the LiFePO4 battery. Do you silver stack and what are your personal thoughts on the silver market?

[ExomatrixTV]

• Dr. Kirk Elliott - Silver to SURGE! What You Need to Know NOW!:

Source: https://www.rumble.com/video/v5b7ya9/?pub=ir01b

[Satori]

Thanks for the thread and post.

Silver is being artificially suppressed. Buy now.

If you can afford gold, go for it. But its price is inflated now, after being artificially suppressed. Both of these elements can be and are manipulated. As is nearly everything else of significance.

Historically silver has been the medium of exchange for everyday purchases. In the USA silver, in its one-once coined 99% pure state, is the Constitutional dollar.

Gold is a store of value for larger transactions, including between central banks and other institutions, both public and private.

The foregoing points are facts, not so much personal thoughts. Volumes have been written on the subject of silver and gold.

Edit:

I should add that fiat currency is the core cause of and reason for the debasement of, and the ability to manipulate, gold and silver.

Fiat benefits only the money changers. It privatizes profits and socializes losses. Thus giving the man behind the curtain the power and control. Among other things.

[DNA]

I'm not saying silver is a bad idea.
But I think gold is a safer bet.
In times gone by when economic turmoil has struck, silver typically loses value while gold sharply increases in value.
Simply put, silver is not a commodity used to back legal tender any more.
Just my 2 coppers.

[Ioneo]

Silver is the most undervalued compared to gold. Here is an article from Mining.com from 2010 that explains it well:

Silver is now rarer than gold and will be for all of eternity. From this point forth we work from current silver production alone and, from this point forth, demand will outstrip production without exception. [Can you imagine what that means for the future price of this, indeed, precious metal? Forget about the popular expression: ‘Got gold?’ The much more important – and potentially profitable – question to ask these days is, ‘Got silver?’]

Metal in Crises!
The crises deepen. What crises you ask? Well, starting about sixty years ago, we began to accelerate our usage of silver for industrial purposes [and] as the great industrial complex known as America grew, so did it’s appetite for silver and other industrial metals. In fact, it grew at such a pace that we devoured the above ground stockpile of silver at such a rate that it is now gone. That’s right, what took the entire world over five thousand years to acquire, was used up in just six decades, and the above ground stockpile has been completely eliminated.

Increased Demand
Silver differs from gold in several important ways. Most notably is that unlike gold, silver gets used up and is then gone forever. Almost all of the gold ever mined in mankind’s history is still here. We don’t really use gold for anything other than money or as a store of wealth and for decoration like jewelry. Silver gets used in all kinds of industries. It’s natural antibiotic properties make it a wonderful instrument in the medical field. It is used in military applications; it’s used in all kinds of electrical switches, relays, and batteries. It’s used in water purification systems and paints, and as a primary component in the photographic industry. Silver doesn’t corrode and has excellent thermal conductive properties. Silver, like gold, has also been used, [and continues to be used] as a monetary instrument for centuries. Moreover, as India and China continue their unparalleled advance into joining the ranks of the industrialized world, the situation will be further exacerbated.

As if the dramatic increase in industrial demand were not enough of a problem, the plot thickens! Silver is now being rediscovered as an investment vehicle. Perhaps most recently, and for sure most notably, is Barclay’s new silver Exchange Traded Fund. Barclay’s ETF [and others as they have been introduced] has recently pulled an incredible amount of silver off of the market.

Constraints in Supply
Why can’t we just mine more silver? The reason we cannot “fix” the problem by mining more silver is the cost. Today for example, to mine gold, it takes $350 [to $450] to mine, refine, and bring to market one ounce of the yellow metal. With gold trading around [$1200] an ounce, that is a profitable endeavor. Silver however, is mined [primarily] as a by-product. In order to mine one ounce of silver as a primary metal, the cost associated with it is similar to the cost of mining one ounce of gold and with silver trading around [$17 – $18] an ounce and would not even be close to profitable when the mining costs are factored in. Currently we mine around six hundred million ounces of silver each year while industry consumes about eight hundred and seventy million ounces. Can you see a disparity developing? The market is tightening.

Historical Silver:Gold Ratio Favors Silver
Historically, the silver to gold ratio has been fifteen to one. It would typically take fifteen ounces of silver to buy one ounce of gold. Today, with silver trading at approximately [$17 – $18] an ounce and gold at around [$1175 – $1225] an ounce, it takes [65 – 70] ounces of silver to buy one ounce of gold. This suggests an obvious opportunity as once this ratio [reverts to the mean] we can expect silver to approach a price of [$80] an ounce [based on the historical 15:1 ratio]. Although this analyst tends to remain conservative in his predictions, it’s not at all unrealistic to expect such profits when you consider the cost we now must face in order to mine silver as a primary metal.

The Case for Owning Silver Coins
Remember, never again will gold be rarer than silver. Opportunities like these come once in a lifetime. I’d suggest you begin to acquire as much silver as your current situation will allow, and to my own clients, I recommend a position in circulated silver dollars that are held by you in your physical possession. Circulated silver dollars trade without any dealer reporting requirements, so they can be bought and sold privately. They are easily recognizable by just about every American, and they offer a good amount of silver in an affordable, liquid, and portable form.

Industry will continue to use and need silver in ever increasing amounts and with this current economic situation and the printing of money out of thin air, silver only has one way to go and that is up.

Today silver is around $30 and gold at $2,500 with a ratio of 85.

[Denise/Dizi]

Back in the early gold rush in California, the exchange rate value per ounce of silver as compared to gold was 16 or 17 to one. (in the 1800's).. That is totally varied now, and doesn't remain constant.. but it does seem it is EXTREMELY low at the moment in comparison to the massive jump to hit the gold market recently. But in reality? silver has gone up a whopping 59% in the last two years where gold has merely gone up an additional 55% .

It seems silver is slow to rise because it is no longer fetching the 1/16 value it once did, and the denominations discussed, seem smaller and more affordable, but really, if you don't mind the bulk of it, the same investment would gain you more profits if you had invested in silver 2 years ago. So is this where it lands? I doubt it, as we move into more debt, and the materials become more in demand for technologies...

But this planet has far more gold than they want us to know about... Much like they want us to believe diamonds are rare, anyone wandering into a pawn shop could tell you they are swimming in old diamonds they can't sell... Even at a discount.

Gold Price on 15 September 2024

Gold Price 2,589.75
Silver Price 31.01

Compare that to the prices just two years ago and you can see just how quickly the gold AND silver prices have skyrocketed..


Gold Price on 22 September 2022

Gold Price 1666.53
Silver Price 19.46

This jump in value in just two years represents a 55% increase over the gold price of just two years ago...

And the silver, while a lower number, jumped a staggering 59% in just two years. So the silver market, in the last two years, HAS gone up, by percentage MORE than gold has in the past 2 years. So it is a misconception to suggest that gold rose sharply and now silver should, it did right alongside the gold.. and actually exceeded it in performance.


Are you asking merely for investment purposes? Because the choices that you make should be dependant on the reasons for which you are making them...

[AutumnW]

'Junk' silver as a means of exchange, when the shtf, is a good idea. The problem with gold is, it's tough to carry around a few grains to pay for a loaf of bread.

[AutumnW]

The best way to invest in gold is through dominant gold mining companies, like Barrick and Agnico Eagle. Stay away from juniors as they fit the description of ,"a hole in the ground with a liar on top."

[Denise/Dizi]

Actually if SHTF, bread is probably going to be worth its weight in gold sadly. But I hope I am wrong..

Ideally, buying gold directly from the individual miners is the best way to go. At least in our case...

You're absolutely right Autumn...

I know the owners/presidents of several large very famous mines in our area personally, as a result of my family ties to the industry... and the family deals with them on occasion... we usually buy gold below "spot" as a result, as we know it isn't "pure" in either form... but rather contaminated with possibly quartz and other minerals.

But there are some very shady mine owners/operators... especially as mines change hands.. Building a long term relationship with them is imperative, and knowing he industry before dealing with such individuals is a must.

We get the best deal buying scrap material, but then you take a huge hit when refining it, and have to sit on it for quite some time before you send it in... As the more gold you refine, really the less the fee for the process, as it encompasses more material... It's more practical... But there is that loss of cash flow, while you wait. The investment becomes the actual sitting on the scrap, prior to refining. So it isn't a quick turn around on your investment, unless you buy in bulk, and refine often. But on the other hand, the longer you hold onto it, the higher the payback, as gold continues to rise.

(edited to remove personal information) I have been exposed to the industry for over 37 years, and will be intimately involved in the industry for the rest of my life at this point... So I know a bit about it, I live it daily.

[pyrangello]

For a safe haven against the dollar crashing buy silver coins. So as the dollar continues to devalue silver will be going up. The historic ratio price of silver usually hangs at 7 to 1 of whatever the gold price is . It's been way undervalued for a long time. So it's time is coming. On the short term and more important than that food and water take precedence over precious metals I'm hearing have enough for 1 week to 30 days until the reset is over with. Everyone still has time but I'm thinking this crash Wil be happening end of next month when the brics go live and nobody wants the u.s. treasury bonds anymore. That will be the day of recogning as we won't be able to finance this crazy debt anymore here in the u.s.

[Denise/Dizi]

Posted by pyrangello (here)
For a safe haven against the dollar crashing buy silver coins. So as the dollar continues to devalue silver will be going up. The historic ratio price of silver usually hangs at 7 to 1 of whatever the gold price is . It's been way undervalued for a long time. So it's time is coming. On the short term and more important than that food and water take precedence over precious metals I'm hearing have enough for 1 week to 30 days until the reset is over with. Everyone still has time but I'm thinking this crash Wil be happening end of next month when the brics go live and nobody wants the u.s. treasury bonds anymore. That will be the day of recogning as we won't be able to finance this crazy debt anymore here in the u.s.

Silver coins are the easiest to get ahold of, the most financially available in smaller quantities, and readily available.. So long as you don't buy the coins for their "unique characteristics and grading", but rather for the weight of the coins... And they are rising faster than gold at the moment...

[DNA]

Five years ago palladium was $3000 an ounce.
I mentioned this to a coin shop owner who was astonished and hadn't been keeping up with the prices.
He was very happy to say that he owned three ounces of it.
I suggested that he sell or trade them in for gold being as that palladium price was tied to the automotive industry using it as a cheaper alternative to platinum in catalytic converters.
Had he done so he would be sitting on 6 Oz of gold right now instead of barely being able to trade all three of those palladium ounces for 1 ounce of gold right now.

Silver is highly prized for its ability to conduct heat better than any other element.
As such it is used extensively in solar panels.
Solar panel creation is at an all time high right now with carbon emission laws becoming so draconian.

Silver is also tied to the demand of copper.
Silver is often found and refined in copper mines and is a lucrative by-product of that industry.

When **** hits the fan industry demands are no longer going to be a thing.
I personally just do not trust silver as a storage of wealth.

[pyrangello]

I have no affiliation to Miles Franklin but you can call and get an amount locked in , send them a personal check then the parcel gets shipped to you in an unmarked box. Its pretty easy to do. Check them out https://milesfranklin.com/ They have some very informative reading as well on each metal on their site and you talk to an actual person who can answer any questions at all.

Remember Precious metals are there as an insurance policy , so when the dollar goes down this goes up . Its peace of mind.

[mojo]

My last two orders of Silver from EBAY by two separate sellers turned out to be completely fake. So please make sure you buy through trusted vendors.

[Denise/Dizi]

This is for Mojo...

Fake in what regard? I see that you posted the image... What was it that you believed that you were buying?

I ask because we had a gentlemen come into our shop recently and claimed that we were selling "Fake silver dollars"...

There is a difference between a "Silver Dollar" and an "American Eagle" coin, which is what you have in that image.... We sell uncirculated American Eagle coins, and he didn't bother to read the sign and ask what the difference was, deciding instead to suggest we were selling "Fake silver dollars"...

The American Eagle was introduced as a silver bullion coin in 1985. They're not fake, the silver content is real... And I would have happily told him that, had he not stormed out in haste... The difference is it is not considered "Currency" unless your intent is to trade for silver value...

I have yet to hold one up to a Morgan Silver Dollar to see if their size is the same, but they are an ounce of .9999 silver. They are a US backed silver bullion option for those who prefer to hold a commodity versus paper. They are collectable, and dated... They're becoming quite popular as many do not want to have to pay more for an ounce of silver, merely because of a misprint, or some other feature... an ounce of silver is an ounce of silver...

Unless that is a replication, and plated? You did get an ounce of silver... and it should be tradable as such.

What you were probably looking for was a Morgan Silver Dollar... When you buy again, (If you do), look instead for the Morgan Silver Dollar, and you should get what you were originally seeking...

[RunningDeer]

Posted by mojo (here)
My last two orders of Silver from EBAY by two separate sellers turned out to be completely fake. So please make sure you buy through trusted vendors.

One place to help with research and comparison is goldsilver.com

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[meat suit]

When I bought some silver 3 years ago, I chose new 9999 purity canadian maple leafs.
These were more expensive per ounce than most other ounce coins and certainly more expensive than kilo bars etc.
But I went that way because they are widely known and recognized, so I thought best for 'grid down' trading.

Its gone up in value quite a bit, I think I bought at £16.50 spot price.
Also useful to make colloidal silver, though not as useful as long flat bar.
But a hammer will take care of that easily🤙

[Vicus]

For some Amerikans...if you live near Mexico frontier...

The Libertad gilt as the oldest Silver Bullion in the world...
I buy some 14 years ago at 16,76 euros, today is 33,35 euros 1oz

But remember this : when SHIFT happens you don't want to pay for everything with 1oz coin ,then you are empty very soon!

For 1egg/ bread/apple,etc... for those things you need all the variants: 1/2 oz,1/4 oz,1/10 oz,1/20 oz and only this way silver is better than gold...and more easy and cheap to purchase!

Gold is better for BIG things, a passport, automatic weapons,transport/tickets to safe heavens ( IF there is such thing...)

For people living near Canada you got the Maple Leaf coin

In Europa the most common is the Wiener Philharmoniker coin from Austria .

Bon voyage

An other thing: if you got some malady,need operation,dentists .etc DO IT NOW!

you may don't get another chance...

[mojo]

Posted by Denise/Dizi (here)
This is for Mojo...

Fake in what regard? I see that you posted the image... What was it that you believed that you were buying?

I ask because we had a gentlemen come into our shop recently and claimed that we were selling "Fake silver dollars"...

There is a difference between a "Silver Dollar" and an "American Eagle" coin, which is what you have in that image.... We sell uncirculated American Eagle coins, and he didn't bother to read the sign and ask what the difference was, deciding instead to suggest we were selling "Fake silver dollars"...

The American Eagle was introduced as a silver bullion coin in 1985. They're not fake, the silver content is real... And I would have happily told him that, had he not stormed out in haste... The difference is it is not considered "Currency" unless your intent is to trade for silver value...

I have yet to hold one up to a Morgan Silver Dollar to see if their size is the same, but they are an ounce of .9999 silver. They are a US backed silver bullion option for those who prefer to hold a commodity versus paper. They are collectable, and dated... They're becoming quite popular as many do not want to have to pay more for an ounce of silver, merely because of a misprint, or some other feature... an ounce of silver is an ounce of silver...

Unless that is a replication, and plated? You did get an ounce of silver... and it should be tradable as such.

What you were probably looking for was a Morgan Silver Dollar... When you buy again, (If you do), look instead for the Morgan Silver Dollar, and you should get what you were originally seeking...

Hi Denise,
Fake in regard to not being real silver. The coin dealer took one look at both samples from the different sellers and immediately knew they were fake. There was a sprayed on coating but no silver in any part. He then used this very fancy machine to verify.

[Denise/Dizi]

Posted by mojo (here)


Hi Denise,
Fake in regards to not being real silver. The coin dealer took one look at both samples from the different sellers and immediately knew they were fake. There was a sprayed on coating but no silver in any part. He then used this very fancy machine to verify.

WOW.. I am so sorry that happened to you... There are so many dishonest people in this world... I am shocked at how many partake in such behavior. They're everywhere, and it is getting worse.

I sent you a PM mojo...