Space-Tech said:

---

Grifters gonna grift, just crypto bros moving on to the next fad, trying to score a quick buck.

---

Matthew 26:15 - "What are you willing to give me if I deliver him over to you?" So they counted out for him thirty pieces of silver."

Judas was the OG crypto bro!


Do you think he regrets selling out the Son of the Creator of the Universe (aka God) for $1,000?

boulderaggie said:

---

I'll throw out a lowbrow take that hopefully the smart folks here can correct, but if you're thinking the dollar will eventually collapse, put your cash into real goods, physical things now while you can - basically getting something in hand for your cash while it's worth something until there is a financial collapse. Precious metals should maintain value regardless of the currency (i don't think of it as an investment, more like insurance), and BTC in theory. I like the idea of 'getting something' for my cash now that I know I'll need/want/use in the future. For me, it's tools, equipment, an outbuilding/shop, and essentials. I just bought some amateur radio stuff from a fellow TexAger last month. Anyway, i think your money in the bank will likely vanish if there's a collapse, so might be better to do something with it now.

---

Tools like Guns and Ammo?

Ok, somebody help me out here. On a whim, about three years ago, I bought 200 2021 American Silver Eagle coins from Monument metals for a total of $7,848.

Silver has supposedly exploded and spot price for an ounce of silver currently is $31.73. $31.73 x 200 = $6,346.

So does that mean, after a three year investment, and silver reaching all time highs, I'm still in the red $1,500????

Some investment.

Hungry Ojos said:

---

Ok, somebody help me out here. On a whim, about three years ago, I bought 200 2021 American Silver Eagle coins from Monument metals for a total of $7,848.

Silver has supposedly exploded and spot price for an ounce of silver currently is $31.73. $31.73 x 200 = $6,346.

So does that mean, after a three year investment, and silver reaching all time highs, I'm still in the red $1,500????

Some investment.

---

You paid $39.24 an ounce for silver eagles and you're complaining? Why would you spend that much? Don't blame silver for your bad purchase. I was buying silver eagles as late as the end of 2023 for around $25 an ounce.

2021 silver eagles are now going for $41.57 and ounce on monument metals. That would mean your "investment" rose to $8314.00 or a $1968 profit.

Silver Eagles, Maples and other sovereigns have a huge premium markup. If you're stacking stack generic rounds. I own a ton of sovereigns but just because I like them. But they are not a good investment unless you can find someone to pay the premium.

Awesome! Do you want to buy them from me for $8314?

Lol, no. I made my purchases over the last 4 years. I've got my stack. Now I'm just going to sit back and watch the misery unfold.

My only concern is that the Feds will outlaw bullion (they did so in the middle of the 20th century) as they transition us serfs to CBDC.

Logos Stick said:

---

Space-Tech said:

---

Grifters gonna grift, just crypto bros moving on to the next fad, trying to score a quick buck.

---

Gold has been around since the beginning of time, lib. Most people use it to hedge inflation. Comparing it to crypto is absurd.

At 4% inflation, which is about what we have with your fellow liberals in charge, the dollar will lose half its value in 17 years. Might want to consider some gold. Or hold on to your dollars while they fade away.

---

There's a metric called the Dow to Gold ratio and as it name implies, it measures the relative value between the two. To date, the DJIA has always outpaced gold on a one-to-one value, and that's not accounting for the dividends paid out by DJIA shares.

It's also quite naive of you to assume that true market movers are buying gold right now as it spikes. Crypto bros have latched on to it as it is experiencing low double digit growth (as it does every election year) so the hype around it is above historical norms.

Just buying into fear literally lowers your long-term wealth potential.

Stock can be exchanged for cash. And at this point in history, cash is nothing more than what the government can say it's worth and how much time/labor serfs are willing to trade for it. At some point though it will become untenable and those stocks will be worth worthless paper.

I've heard people say that gold/silver won't be in demand in a post economic collapse. People will need to store their wealth in something that is recognized as limited in supply and not easily replicable (see the efforts of societies to counterfeit-proof their currencies). Just like 500 hundred years ago (and 2,000 years ago) gold and silver have held their worth. People will need it and continue to use it.

I

sam callahan said:

---

I have been perplexed for almost two decades how this house of cards hasn't already fallen.

---

Maybe because it isn't a house of cards. Nah that definitely can't be it.

Sid Farkas said:

---

I won't taunt the gold bros here…I'll let The Oracle do it

Quote:

---

"(W)ith an asset like gold, for example, you know, basically gold is a way of going long on fear, and it's been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in the year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money. But the gold itself doesn't produce anything"

-Warren Buffet

Gold … has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end

-Warren Buffet

I have no views as to where (gold) will be (in the next five years), but the one thing I can tell you is it won't do anything between now and then except look at you

-Warren Buffet

---

---

His father had a very different view of gold.

Quote:

---

Copper Roars, Gold Soars To Record Highs As Metals Hit "History-Making Mode"










https://www.zerohedge.com/commodities/copper-roars-gold-soars-record-highs-metals-hit-history-making-mode

---

[url=https://www.zerohedge.com/commodities/copper-roars-gold-soars-record-highs-metals-hit-history-making-mode][/url]



Nothing to see here..... Are you starting to get the big picture yet?


Hint: Physical assets are signaling weakness in the currency/debt markets. Physical reality vs digital narrative

Crypto and metals seem like smart plays to me. I've read quite a few hot takes by folks a lot smarter than I am, with a background in this stuff and that's my take away, anyway.

Hungry Ojos said:

---

Ok, somebody help me out here. On a whim, about three years ago, I bought 200 2021 American Silver Eagle coins from Monument metals for a total of $7,848.

Silver has supposedly exploded and spot price for an ounce of silver currently is $31.73. $31.73 x 200 = $6,346.

So does that mean, after a three year investment, and silver reaching all time highs, I'm still in the red $1,500????

Some investment.

---

You must be new to the silver market.......

Eagles have a premium on them.


What was spot when you purchased? Looking at old charts, spot was roughly between $26 and $31 in 2021. I'm guessing you paid $10-$13 per oz for the premium.

Premiums on eagles can be ridiculous. Especially when the US Mint is deliberately withholding production.

Here is an interview with Jack Sermon - Head of Eagle production at US Mint. In the interview, he admits that he was told by the Head of the Mint (Ventris Gibson) to limit production. Mind you, there is a law on the books, that the US Mint needs to produce adequate supply of Eagles to meet demand.




Who is Ventris?
[url=https://www.usmint.gov/about/leadership/director#:~:text=In%202022%2C%20the%20President%20of,largest%20Mint%20in%20the%20world.][/url]

Quote:

---

https://www.usmint.gov/about/leadership/director#:~:text=In%202022%2C%20the%20President%20of,largest%20Mint%20in%20the%20world.

In 2022, the President of the United States nominated, and the Senate unanimously confirmed, the Honorable Ventris C. Gibson as the 40th Director of the United States Mint. She is the first African American to lead the U.S. Mint, which is the largest Mint in the world. She served as its Deputy Director prior to her presidential appointment.

Director Gibson is a U.S. Navy veteran, joining the Mint from District of Columbia Government. Prior to her service with the District, she served as the Associate Deputy Assistant Secretary with the U.S. Department of Health and Human Services and also as the Director of Administration for the National Labor Relations Board.
Ms. Gibson's career includes leadership roles in the Federal Aviation Administration, where she was Assistant Administrator for Human Resources; Deputy Assistant Secretary for Human Resource Management at the Department of Veterans Affairs (VA) and its first Deputy Assistant Secretary for Resolution Management. She was VA's highest-ranking woman veteran responsible for human resources management and civil rights programs affecting 230,000 employees.

---

Notice anything about her resume? Why would you appoint an HR director to run a production facility?

Ghost Mech said:

---

Quote:

---

Copper Roars, Gold Soars To Record Highs As Metals Hit "History-Making Mode"










https://www.zerohedge.com/commodities/copper-roars-gold-soars-record-highs-metals-hit-history-making-mode

---

[url=https://www.zerohedge.com/commodities/copper-roars-gold-soars-record-highs-metals-hit-history-making-mode][/url]



Nothing to see here..... Are you starting to get the big picture yet?


Hint: Physical assets are signaling weakness in the currency/debt markets. Physical reality vs digital narrative

---

Those charts are compelling without a doubt and it's hard given the context to discount that things might be "different this time."

If someone weren't already invested, I don't think I would get in here. Too far, too fast and you'd have to think they're coming back down to test some previous support.

Many have been higher before than they are now and then spent a decade or two floundering around underneath those highs.

Ghost Mech said:

---

Space-Tech said:

---

Grifters gonna grift, just crypto bros moving on to the next fad, trying to score a quick buck.

---

Matthew 26:15 - "What are you willing to give me if I deliver him over to you?" So they counted out for him thirty pieces of silver."

Judas was the OG crypto bro!


Do you think he regrets selling out the Son of the Creator of the Universe (aka God) for $1,000?

---

Take it to the Religion Board

FrankK said:

---

Hungry Ojos said:

---

Ok, somebody help me out here. On a whim, about three years ago, I bought 200 2021 American Silver Eagle coins from Monument metals for a total of $7,848.

Silver has supposedly exploded and spot price for an ounce of silver currently is $31.73. $31.73 x 200 = $6,346.

So does that mean, after a three year investment, and silver reaching all time highs, I'm still in the red $1,500????

Some investment.

---

You really shouldn't be investing in things you don't understand. The question That you ask, indicates that you neither understand the value of what you paid, nor the value of what you own now.

Warren Buffett offered some sage advice. He said that he never invest in anything that he doesn't understand.

---

Thanks, but I think I'm gonna be ok…

Yep. You're going to be just fine. Especially since you are holding onto the most under valued commodity on the planet.

And BTW it's highlight manipulated to the down side.....ie JPM paid a $920 million dollar fine for silver market manipulation in 2020. https://www.reuters.com/article/idUSKBN26K321/

COMEX SILVER VAULT TOTALS DROP 717.6K OUNCES
- Registered drops 2.3M oz.
- Open Interest is now equal to 316% of all vaulted silver and 1,506% of Registered silver. pic.twitter.com/YbOeyiN8rW

— Michael 🏳️‍🌈 #silversqueeze (@mikesay98) May 21, 2024

/3 - Silver Demand > Supply

Used in many industries, demand for silver has outstripped supply. To add insult to injury, silver production has dropped in recent years because the price was so low. For three consecutive years now, there has been a world-wide silver deficit. For… pic.twitter.com/AapkOKA2jx

— Stock Buys (@cdnstocktrader) May 18, 2024

China added more #solar panels in 2023 than the US did in its entire history.
Got #silver? Because the exponential growth rate in this sector will definitely bleed the silver market dry in the not too distant future. pic.twitter.com/XT7dP4Go1G

— Tim Hack (@realTimHack) January 31, 2024

The bid for physical #Silver is above $36 at the ShanghaiX and below $32 at the futures based COMEX.

Don't dismiss the importance of true price discovery is that the more they push the price down at the COMEX and LBMA the greater the arbitrage to ship physical East for a… pic.twitter.com/el3OXZGsAr

— Jaime Carrasco (@IJCarrasco) May 21, 2024

Connecting the dots yet folks?

Here's a pretty clear signal where all of this is going...... Gold Tokenization

Deposit 1oz of gold into the bank and receive your digital currency tokens.

Right on the front page of the HSBC Hong Kong website. HSBC Gold Token.

I see this every time I login. #Gold #Token@Sorenthek pic.twitter.com/1tbqnbnLpI

— Eric Yeung 👍🚀🌕 (@KingKong9888) October 3, 2024

OP was in six months ago....

Where are we in the game today?

Relentless meltup sends gold to new record high of $2,720... and finally silver joins the chase, rising to 11 year high of $33.7/oz pic.twitter.com/ULRXOLTotT

— zerohedge (@zerohedge) October 18, 2024

Your dollar is becoming worth less every day they print more to keep the system afloat.

that was fast.....Where did $34.00 go?

Silver prices close above $35 ... up over 40% year to date.

12 year high ... just getting started?

🔥🔥🔥 pic.twitter.com/VQ9XHbeJAM

— Wall Street Silver (@WallStreetSilv) October 22, 2024

Evidence of silver price manipulation in 5 twitter posts.

We mine it today at 1:7... and then... well it becomes HISTORICALLY embarrassing. #Gold #SilverSqueeze pic.twitter.com/8AaT3IwPDX

— Make Gold Great Again (@MakeGoldGreat) October 23, 2024

Its 1:91 currently.....

Up all night on physical.
Down all day on paper. pic.twitter.com/inr5Ck2qss

— TF Metals Report (@TFMetals) October 24, 2024

Now that the upside momentum has been reversed, TONIGHT is the right to watch for a margin hike from the CME.
A margin hike with prices falling only helps the trapped shorts so, if we see one, you'll have an indication that a Bank Rescue Operation in underway. pic.twitter.com/mKVSGYOKr1

— TF Metals Report (@TFMetals) October 23, 2024

Silly Bankers are hiking margins on silver again for the 3rd time

We either moon or doom tomorrow

— Nostra, House of Gold (@Nostre_damus) October 25, 2024

Did you know that there are 408 ounces of "paper" silver for every 1 ounce of actual physical silver?

That could conceivably lead to a mad dash for scarce real silver, sending prices to astounding levels. $PSLV $SLV pic.twitter.com/8I65o75XKH

— Jesse Colombo (@TheBubbleBubble) October 24, 2024

All just a conspiracy theory, right?

If Fed can't raise interest rates to combat inflation, what other alternative is there?

Deflation thru USD appreciation and asset devaluation.

$2800 taken out. Another all time high.

Gold hits 2,800 for the first time in history 🚨 pic.twitter.com/ucPby5ub4t

— Barchart (@Barchart) October 30, 2024

Nothing to see here folks..........

So let's say a family member bought 300 ounces of silver about my ten years ago at $25

How would she actually sell it on the open market now?

Basically coin shops, and cash exchange shops?

The gold thread on B&I is a good place to start. Odds are you'll find someone close to them who's interested.

ac04 said:

---

the US weaponizing the dollar by outright stealing russia's foreign reserves and handing them over to ukraine was a strategic blunder that will have massive consequences over the next decade or two. they effectively showed the world that if you disagree with them, they're going to freeze your assets. if you were another government, would you continue storing your country's wealth in our bonds knowing that you are required to be subservient to our wishes? or would you start buying hard assets that are out of our control.

being the reserve currency is a tremendous privilege and unfortunately the US has abused it in many ways.

---

Preserving the dollar as the world's currency will be a major challenge for Trump. If Harris wins, it won't happen.

Quote:

---

From OP on April 12, 2024

#Gold is going to break $2420 #Silver is going to break $30

In the 1970s during the Iranian hostage crisis, Iran blocked all oil exports. Oil price doubled and Gold went from $200s to $800. The U.S. debt wasn’t anywhere as huge as right now. And U.S. allies were flushed with… pic.twitter.com/9SPYkyvMVL

— Eric Yeung 👍🚀🌕 (@KingKong9888) April 12, 2024

Is this Gold and Silver suddenly increasing in popularity/demand or the value of the US dollar rapidly decreasing?



History doesn't repeat but it often rhymes......

---

Today's price.....(roughly one year later)

BREAKING: Gold prices officially surge above $3,150/oz for the first time in history. pic.twitter.com/bPOF4P1GSg

— The Kobeissi Letter (@KobeissiLetter) March 31, 2025

Did you pay attention to the signal? Are you going pay attention now?

Not just Asian. Everyone is dumping USD and buying gold https://t.co/ZPplBdSqdS

— David Lee (@DavidLe76335983) April 11, 2025

[url=https://x.com/ArcadiaEconomic/status/1910509774145311074]

pic.twitter.com/gIy8mRO2qv

— Chris Marcus (@ArcadiaEconomic) April 11, 2025

[/url]



$100 days are here......Are you paying attention?


Hint: Gold didn't add any new features or services......This is the value of the dollar RAPIDLY decreasing.

Just another $100+ day for the #gold price…. pic.twitter.com/aJsEeYQonR

— Chris Marcus (@ArcadiaEconomic) April 16, 2025

Gold just hit $3333.

This is very bad news for any central banks that have rehypothecated gold.

— zerohedge (@zerohedge) April 16, 2025

These all time high records are starting to get broken on shorter intervals and $100 days are becoming more frequent.......


To answer OP.....Yes, gold is absolutely 100% sending a signal.

This is when the ants sit back and laugh at the grasshopper.

And, I'm not selling any of my stuff. I don't care how much worthless fiat you offer.

Is silver doing anything noteworthy?

100:1 silver to gold ratio. Historically it's roughly 10:1.

It will ride the coat tails as soon as they stop the manipulation by big boy banks at the CME.....

And $3400 goes down.

Yowza!

Gold futures kept climbing overnight & are now well above $3400/oz as we near the open

Should be one heck of an interesting day for the miners

Still getting a nervous sense gold is desperately sending a signal that something systemically important is near breaking… pic.twitter.com/LVVIHz6qB0

— Adam Taggart (@menlobear) April 21, 2025

Gold becomes a Tier 1 asset in US in July......

When gold becomes a fully a Tier 1 asset globally under Basel III in July, it joins the ranks of sovereign bonds and fiat reserves.⁰⁰In short: gold is now officially part of the monetary system again.
/2 pic.twitter.com/DelFS5e2qs

— @mcm_ct_usa (@mcm_ct_usa) April 20, 2025

He's sending a signal.......Are you paying attention?

Gold has hit an all time high after Trump said: He who has the gold makes the rules pic.twitter.com/LjrQ9Fh86u

— unusual_whales (@unusual_whales) April 21, 2025

$3500.00 goes down. Wow. That was fast.......Are you starting to notice the pace is picking up?

Once again.

This isn't the gold becoming more valuable, THIS IS THE VALUE OF THE DOLLAR RAPIDLY DECREASING.

Holy Smokes!
It only took about 21 hours for Jun25 gold to go from $3400 to $3500!!
Someone had better go wake up @InvResDynamics!!!
The old man is missing all the fun!!!! pic.twitter.com/1D0uKjcSxK

— TF Metals Report (@TFMetals) April 22, 2025