+ Reply to Thread
Page 2 of 2 FirstFirst 1 2
Results 21 to 26 of 26

Thread: Silver Stacking, now might be a good time to invest

  1. Link to Post #21
    Avalon Member palehorse's Avatar
    Join Date
    13th April 2020
    Location
    Gaia
    Language
    English
    Age
    48
    Posts
    1,828
    Thanks
    13,672
    Thanked 13,083 times in 1,774 posts

    Default Re: Silver Stacking, now might be a good time to invest

    I just read the whole thread, interesting opinions here, I like it.

    I bought some silver (bar and pellets) years ago, I may have around 1kg of pure silver, about 20grams of pure gold and maybe 50kg of pure copper (not counting the junk copper I also have). That is what I have in terms of metals. Thanks @DNA for mentioning it above.

    The copper thing, in 2022 I was building a distiller, and I needed a long copper coil, part of the distiller setup. I was astonished with the price of copper, basically riding along with silver, but in 2022 copper worth more than silver, I paid premium price for the copper (I don't mind), right now it seems to be picking up again along with silver. I got copper wires (best for storage) and copper coil (beside the metal price, it is can be very useful for many setups) - copper is easier to resell unlikely silver or gold, any shop that fix fridges/aircon/electrical services would buy from you, copper has many applications on daily life, so if I have to choose silver/gold/copper, I go with copper. For me the only downside, it is bulk you need a storage to keep it, my little storage looks like a pile of junky, so no one will steal a damn thing from there, I also put a warning in the door, beware mega spiders inside lol

    Do you know thieves steal copper wires from houses? That happened to me when I had a property for rent in my home country, they stolen all the electrical wires from the house, since the house was empty and no one was living there for months. I knew about that when I found a tenant to rent it and he told me there was no electricity in the house, so after a little investigation, we realized there was no wires at all in the house, so you know copper has its value.

    Gold is good, but as someone mentioned above, you can't buy a loaf of bread with it, generically speaking, you can't do small purchases with gold, only large purchases.

    I live in Thailand, silver here is not welcome, gold is the thing, Thai people love gold, but they won't buy any gold from people, they only buy from institutions that provide a certificate, so this for me is another huge issue, because there is no trust in the peer to peer scheme of things (I know too many scammers nowadays), be it between friends or strangers, it is all the same here, certificate from a reputable company or no deal. So I think in terms of adapting to local reality and not trying to make things up, if there is no acceptance outside this little scheme/setup/conglomerate of gold institutions here, then I won't play their game, because if SHTF scenario happen, all these institutions would go off and then what? The paradigm changing all of sudden the people would start trading/exchanging their gold for goods/services without their certificate? Sounds pretty much like hypocrisy to me, so I refuse to play, and that is how I adapt to their game.

    This is hard for me to understand and I don't want to depend on things that is hard to deal with or better saying creates dependency (like be part of a chain, one fail all fail). So in a bad scenario: land, food production, water, energy production, remedies/meds, clothing, animal feed, compost, livestock, fishery, and so on... these things make a way more sense if we can manage to keep it running. We don't need precious metals if we think and act like that. The metals would be good to pay for things like property taxes, because it will rise in the coming years.
    --
    A chaos to the sense, a Kosmos to the reason.

  2. The Following 9 Users Say Thank You to palehorse For This Post:

    Bill Ryan (18th September 2024), Denise/Dizi (18th September 2024), Dennis Leahy (23rd October 2024), DNA (18th September 2024), Ewan (6th October 2025), gini (19th September 2024), meat suit (18th September 2024), mojo (20th September 2024), Yoda (23rd October 2024)

  3. Link to Post #22
    United States Avalon Member Dennis Leahy's Avatar
    Join Date
    14th January 2011
    Location
    North Carolina
    Language
    English
    Age
    71
    Posts
    6,865
    Thanks
    48,684
    Thanked 50,133 times in 5,941 posts

    Default Re: Silver Stacking, now might be a good time to invest

    (I'll drop this here just in case someone may find it useful.)


    Precious metals have both a buying and a selling premium. For example, if silver's "spot" price is $35/ounce, that means you will pay a few dollars on top of the spot price to buy a coin/round/bar, and on the day when you want to sell your silver ounce, a coin shop or bullion broker will buy the silver from you at spot price MINUS a few dollars.

    Right now, I see silver rounds selling for about $1.25 over the spot price (a great deal.) Other bigger dealers may charge 3 or 4 dollars over spot! Do shop around! There is also a 4% or so fee for using a credit or debit card, so the best prices you see will always be only if you do a bank wire transfer or eCheck.

    It's my opinion that we should pay for a commodity at the lowest price possible. .999 silver is .999 silver, regardless which company minted or manufactured the pieces. I don't personally believe that a Canadian Maple Leaf or a American Eagle or a South African Krugerand will trade more easily in a scorched-Earth, post-apocalyptic scenario than a "round."

    "Rounds" look like coins, but are privately minted coin-shaped pieces of metal. The lowest prices on silver are going to be rounds or bars, which will cost about the same. My opinion is that the rounds will be easier to trade than bars. Coins and "junk silver" (40 to 90% silver) coins carry a higher premium than rounds, so I'm not bothering with them. Also, do not get sucked-in to paying high prices because of a picture stamped on the round, nor "proof" status, nor coloration or gold-plating. No one will care what you paid for your silver - it simply doesn't matter. All that will matter if you need to spend it is the current spot price of silver.

    A few years ago (5?) silver was at $16/ounce, and I alerted friends and family to buy some, saying I was sure it would never drop below $16 again. I was in no position to buy any, and so I didn't. Damn! I wish I had a time machine! But virtually every independent financial guru is now saying silver will never drop below $30/ounce. At this moment as I type this, silver is about $33.60/oz spot price, so you'd end up paying at least $36 to $37 per 1 ounce round, delivered.
    Last edited by Dennis Leahy; 23rd October 2024 at 19:33.


  4. The Following 9 Users Say Thank You to Dennis Leahy For This Post:

    Bill Ryan (4th October 2025), Ewan (6th October 2025), gini (11th October 2025), meat suit (24th October 2024), Mike (23rd October 2024), mountain_jim (23rd October 2024), onevoice (24th October 2024), wondering (23rd October 2024), Yoda (23rd October 2024)

  5. Link to Post #23
    United States Moderator Sue (Ayt)'s Avatar
    Join Date
    23rd December 2016
    Language
    English
    Posts
    3,315
    Thanks
    35,397
    Thanked 24,783 times in 3,084 posts

    Default Re: Silver Stacking, now might be a good time to invest

    Quote Posted by mojo (here)
    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?
    Just looked out of curiosity, and found this:
    bid - 47.92
    ask - 48.04

    So Mojo was pretty much on target, just a bit delayed.

    What does it mean?
    "We're all bozos on this bus"

  6. The Following 8 Users Say Thank You to Sue (Ayt) For This Post:

    Bill Ryan (4th October 2025), Ewan (6th October 2025), gini (11th October 2025), Ioneo (4th October 2025), Matthew (5th October 2025), Raskolnikov (5th October 2025), TrumanCash (5th October 2025), Yoda (4th October 2025)

  7. Link to Post #24
    UK Avalon Founder Bill Ryan's Avatar
    Join Date
    7th February 2010
    Location
    Ecuador
    Posts
    38,698
    Thanks
    276,457
    Thanked 515,264 times in 37,236 posts

    Default Re: Silver Stacking, now might be a good time to invest

    Quote Posted by Sue (Ayt) (here)
    Quote Posted by mojo (here)
    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?
    Just looked out of curiosity, and found this:
    bid - 47.92
    ask - 48.04

    So Mojo was pretty much on target, just a bit delayed.

    What does it mean?
    Gold is now at $3900. I'm no market analyst, but I'm guessing that gold and silver both soaring means either that (a) the dollar is going to crash fairly soon, and/or (b) there'll be a major crisis in the bond market. I'd also guess that silver (and gold also, of course) will continue to go higher and higher, and then higher still.

  8. The Following 14 Users Say Thank You to Bill Ryan For This Post:

    Ewan (6th October 2025), gini (11th October 2025), Ioneo (4th October 2025), kudzy (5th October 2025), leavesoftrees (5th October 2025), Matthew (5th October 2025), meat suit (5th October 2025), mountain_jim (4th October 2025), Raskolnikov (5th October 2025), Stardad (4th October 2025), Sue (Ayt) (5th October 2025), TrumanCash (5th October 2025), Violet3 (5th October 2025), Yoda (4th October 2025)

  9. Link to Post #25
    United States Administrator ThePythonicCow's Avatar
    Join Date
    4th January 2011
    Location
    North Texas
    Language
    English
    Age
    78
    Posts
    30,293
    Thanks
    36,334
    Thanked 152,130 times in 23,214 posts

    Default Re: Silver Stacking, now might be a good time to invest

    Quote Posted by Bill Ryan (here)
    ... but I'm guessing that gold and silver both soaring means either that (a) the dollar is going to crash fairly soon, and/or (b) there'll be a major crisis in the bond market. I'd also guess that silver (and gold also, of course) will continue to go higher and higher, and then higher still.
    Mayer Amschel Rothschild, founder of the Rothschild banking dynasty supposedly said: "Give me control of a nation's money and I care not who makes its laws."

    With the founding of the Federal Reserve (in good part by powerful and wealthy agents in the banking empire that funded the British Empire in the prior couple of centuries) in 1913, the extension of "civil servant" control over major "independent agencies" of the US federal government by FDR in the 1930's, and the replacement of the fading British Pound with the US Dollar as the "foundation currency" of the world at Bretton Woods in July of 1944, the Rothschild and associate power centered in the City of London moved operations controlling the world's currency from London to New York and Washington DC.

    All monetary systems that are fundamentally based, not on split wooden tally sticks or coins of gold and silver or sea shells or such, but rather based on granting to bankers the right to "lend money into existence", creating money in exchange for a loan document committing to repay that loan with interest, within a (political, legal, military, ...) framework that reliably honors and enforces such loan documents ... all such systems are unstable. They essentially presume and provide an expanding monetary supply, and they essentially yield increasing wealth and power to the bankers ... which essentially weakens the power, wealth, productivity, and culture of workers, industry, families, and communities.

    Debt-based money is the opiate of trade and industry. Just as opium (another fine British product in the 1800's - ask China, and now another fine product of American [via, e.g., the CIA] and Chinese [via, e.g., Venezuela and Mexico] and other agents of those same bankers ) feels good ... until it impoverishes and kills you ... so does debt-money fund apparent great growth in trade and industry ... until it impoverishes and kills it.

    Great collapses of such debt-money funded empires are marked by great wars. Europe is doing its darnedest to continue that tradition now (just ask Russia).

    Great debt-money collapses are also marked by a return to basing money on gold and silver.

    Hence, from the above two correlations, great wars are correlated with a rise in the (nominal) value, in debt-money units, of gold and silver, or what might more accurately be described as a major decline in the nominal value of debt-money, of loans promising to repay debt-money (e.g. of corporate and national debt), and of assets priced more for their use as collateral for debt-money loans (e.g. much real estate and many college degrees, these days) than for their practical value outside the monetary system.

    We are undergoing a debt-money collapse or restructuring (not clear which yet ... powerful forces push each alternative).

    Move your wealth into that which does not depend on debt-money, debt-loans, or debt-collateral for its "nominal" value.

    Digital money can (1) provide a more extensive, invasive and pervasive means of control to enable our "bankster overlords" to continue this debt-money game for another major round, or (2) it can provide a monetary means for trade and industry that is outside the reach of debt-money control (again ... not clear which yet ... powerful forces push both alternatives).

    The Web, and now AI, present similar potentials, perhaps for greater communication and knowledge work by humans, or perhaps for greater control by our overlords (yet again, not clear which yet.)

    Move your monetary wealth away from this great debt-money landslide. Also, if one has some spare resources or energy, lend a shoulder to the efforts leading humanity to greater freedom and prosperity, and greater family, community, physical, mental and spiritual integrity, rather than yet another reign of our dark overlords who rule by mass mind and money manipulation.
    Last edited by ThePythonicCow; 5th October 2025 at 00:05.
    My quite dormant website: pauljackson.us

  10. The Following 9 Users Say Thank You to ThePythonicCow For This Post:

    Bill Ryan (4th October 2025), Ewan (6th October 2025), Ioneo (4th October 2025), mountain_jim (4th October 2025), Raskolnikov (5th October 2025), Sue (Ayt) (5th October 2025), TrumanCash (5th October 2025), Violet3 (5th October 2025), Yoda (5th October 2025)

  11. Link to Post #26
    Avalon Member TrumanCash's Avatar
    Join Date
    28th April 2012
    Location
    Planet Earth
    Posts
    1,810
    Thanks
    6,286
    Thanked 16,169 times in 1,783 posts

    Default Re: Silver Stacking, now might be a good time to invest

    U.S. Farmers Are Facing The Worst Economic Downturn In At Least 50 Years -- Michael Snyder of The Economic Collapse

    The agriculture industry in the United States is deeply broken. Farmers are the foundation of it all, but they are being financially squeezed from every direction. They are being squeezed by the giant monopolies that control the seeds, fertilizer and machinery that they need. And they are also being squeezed by the giant monopolies that purchase most of what they produce. Meanwhile, demand from overseas has dried up thanks to the global trade war. U.S. farmers really are facing a “perfect storm”, and as a result most farms are losing money and bankruptcies are surging.

    Most Americans have absolutely no idea how bad it has gotten.

    According to the president of the Nebraska Farmers Union, this is the worst economic downturn for farmers in at least 50 years…

    “We’re in the middle of the worst economic downturn that I’ve seen in my 50 years,” John Hansen, the president of the Nebraska Farmers Union, said at a regional meeting in Beatrice, Nebraska, last week.

    “Agriculture is our foundation here in Nebraska and many states in the Midwest,” Don Schuller, a corn and soybean farmer, told ABC News. “If agriculture is failing here everything is going to fail.”

    I wish that I could tell you that he is exaggerating.

    But I can’t.

    A sobering article that was recently published by AGWEB that was just shared with me is warning that our farmers are facing a “generational collapse”…

    Farmers are not crying wolf. The wolf is real and right outside the door in the form of generational collapse.

    The inescapable crop math of sustained crippling commodity prices and high input costs has many growers screaming for immediate relief, potentially via aid payments in late 2025 or early 2026. However, bailouts are Band-Aids over bullet holes.

    The giant monopolies that provide the things that our farmers need increase their profits by squeezing farmers, and the giant monopolies that purchase what our farmers produce increase their profits by squeezing farmers.

    For a while, many farms could still at least break even, but now conditions have gotten so bad that many farmers are losing hundreds of dollars per acre…

    Yes, says Bailey Buffalo, 40, owner of Buffalo Grain Systems in Jonesboro, and president of Farm Protection Alliance.

    “Horror stories. The pain is unreal. Worst farming situation I’ve seen in my life,” Buffalo says. “Look at Extension [University of Arkansas] numbers — corn growers losing $240 per acre; soybeans losing $144 per acre; and rice losing $380 per acre. The cotton growers may be worst of all.”

    This is what I mean when I say that the agriculture industry is broken.

    So what is going to happen as vast numbers of our farmers simply go bankrupt?

    According to the chairman of the Arkansas Rice Growers Association, banks are projecting “farm bankruptcies at 25% to 40%”…

    Graves, chairman of the Arkansas Rice Growers Association, understands severe hardship. He farmed through the anemic ag crisis of the 1980s. However, the current unrest is a “coming disaster” unlike anything he’s witnessed across a 50-year career: “I’ve never seen this kinda look in farmers’ eyes. It’s fear. And it’s based in undeniable facts.”

    In August 2025, Graves sent an open letter to media and politicians, pleading for attention to eye-popping numbers. “My letter told what things are like right now. In our geography, it looks like you need to yield 100-300-300 to stay ahead,” Graves describes. “That’s 100-bushel beans, 300-bushel rice and 300-bushel corn. Basic Arkansas averages are 56-bushel beans, 166-bushel rice and 175-bushel corn. In a nutshell, we are going over a cliff. Banks are forecasting farm bankruptcies at 25% to 40%, and the dirty secret is out. Everyone knows it; everyone feels it.”

    A handful of companies control the seed market, a handful of companies control the fertilizer market, and a handful of companies control the farm machinery market.

    Those giant monopolies are raking in huge amounts of cash while our small farmers are being ruthlessly crushed.

    And when it comes time to sell what they produce, our farmers are at the mercy of the giant food monopolies.

    On top of everything else, export demand has evaporated as a result of the global trade war. Things are particularly bad for soybean farmers…

    For American farmers who export their harvests directly to Asia, the evaporation of Chinese demand for soybeans — at a time when fertilizer and other inputs have become more expensive — could potentially be devastating, and lead to bankruptcies and foreclosures.

    “It’s just a massive shock to our markets,” Cory Walters, a professor in the Department of Agricultural Economics at the University of Nebraska, told ABC News.

    We have seen agriculture shocks before, but never anything quite like this.

    The White House is acknowledging that our farmers are facing a major crisis, and there are plans to introduce an aid package…

    “Soybean, corn, wheat, sorghum, cotton farmers are facing very difficult times,” Secretary of Agriculture Brooke Rollins told reporters at the White House on Wednesday. “We are currently in conversations here at the White House, across the government, on a farmer aid package.”

    Will that fix anything?

    Not really.

    The structural issues will still exist, but perhaps if the aid checks are big enough they will help some farmers avoid bankruptcy for another year.

    What we really need is to do something about the monopolies so that our farmers can have a chance to scrape out a living.

    But that isn’t going to happen, because the monopolies have lots of lobbyists and they contribute vast amounts of money to political campaigns.

    Of course it isn’t just the agriculture industry that is facing a crisis.

    All over the country, we are witnessing signs of a major economic slowdown. For example, this year Hollywood “has seen tourism numbers fall off a cliff”…

    Los Angeles’s iconic Hollywood district has seen tourism numbers fall off a cliff, sparking fears for the future of the beleaguered City of Angels.

    Visit California revealed tourist numbers slumped by 10 percent this summer, compared to the same period of 2024.

    And businesses on Hollywood boulevard said customer numbers had plunged by up to 50 percent, raising the prospect of the neighborhood that is a byword for movies and showbusiness entering into a terminal decline.

    A dramatic economic shift is taking place right now.

    I expect this to be clearly reflected in the economic numbers in the coming months.

    But this is just the beginning. The pain that we are experiencing now will get a whole lot worse.

    At the beginning of this article, I stated that the agriculture industry is deeply broken.

    Nobody can deny that.

    But the truth is that our entire society is deeply broken, and now a time of reckoning has arrived.

    https://theeconomiccollapseblog.com/...oogle_vignette

  12. The Following 6 Users Say Thank You to TrumanCash For This Post:

    Alecs (10th October 2025), arjunaloka_official (11th October 2025), Bill Ryan (10th October 2025), onevoice (10th October 2025), ThePythonicCow (11th October 2025), Yoda (11th October 2025)

+ Reply to Thread
Page 2 of 2 FirstFirst 1 2

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts