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Re: Silver shot up...... [Re: Marty] #6940355
07/23/20 09:55 PM
07/23/20 09:55 PM
Joined: Feb 2008
Posts: 280
NE Indiana
L
Larry Hall Offline
trapper
Larry Hall  Offline
trapper
L

Joined: Feb 2008
Posts: 280
NE Indiana
Steven49er. Kind of the same thing isn’t it? I’ve seen a couple of acquaintances really get taken to the wood shed. Their own fault, but I sure don’t care for the way they do business. My opinion. I’m not a big metals guy. Bought some physical years ago and Have added to it when deals pop up. Kinda like buying guns.

Re: Silver shot up...... [Re: Steven 49er] #6940381
07/23/20 10:04 PM
07/23/20 10:04 PM
Joined: Mar 2007
Posts: 35,176
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,176
McGrath, AK
Originally Posted by Steven 49er
Originally Posted by white17
I think she may be a breath of fresh air. God knows they don't have any exit plan for where they are now. Some unorthodox ideas might be a good thing !!


When did believing in the gold standard and sound money practices become unorthodox? Serious question.




I hear ya. I can't recall which Dem it was who called her views on the gold standard "controversial".


Mean As Nails
Re: Silver shot up...... [Re: Marty] #6940534
07/24/20 01:53 AM
07/24/20 01:53 AM
Joined: May 2010
Posts: 10,491
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,491
MN
The Democrats or the Republicans will never willing go for a gold standard. Can't have deficit spending with it. Not to the degree we see today. Personally I'd rather see Danielle DeMartion Booth on the board but I'll take Shelton. It's a hoot to see the Keynesian's throw a fit. They credit the FED for saving the economy after the collapse in 2008, all it did was create a bigger bubble. Eventually it's going to pop.

Larry Hall, I'm kinda like you buying metals, buy whenever I feel like i have some discretionary income to spend and buy in tranches on the dips. I felt that silver under 20 was a good buy and when we could get it under 15 was a really good buy. I tried to buy a big chunk in April but demand outstripped supply and I don't like paying outrageous premiums. I only ended up with a small bit.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver shot up...... [Re: Steven 49er] #6940635
07/24/20 07:29 AM
07/24/20 07:29 AM
Joined: Feb 2010
Posts: 8,574
Henderson, N.Y. Jefferson Co.
W
walleyed Offline
trapper
walleyed  Offline
trapper
W

Joined: Feb 2010
Posts: 8,574
Henderson, N.Y. Jefferson Co.
How is BITCOIN doing ?

Are you mega-rich yet ?

w


"Provisional/Interim" member of NYS Trappers Association
Jefferson Co. Fur Harvesters

I Support Non-Resident Trapping



Re: Silver shot up...... [Re: Marty] #6940640
07/24/20 07:36 AM
07/24/20 07:36 AM
Joined: May 2010
Posts: 10,491
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,491
MN
It's doing good, how are your investments doing?


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver shot up...... [Re: Steven 49er] #6940648
07/24/20 07:42 AM
07/24/20 07:42 AM
Joined: Feb 2010
Posts: 8,574
Henderson, N.Y. Jefferson Co.
W
walleyed Offline
trapper
walleyed  Offline
trapper
W

Joined: Feb 2010
Posts: 8,574
Henderson, N.Y. Jefferson Co.
Originally Posted by Steven 49er
It's doing good, how are your investments doing?



Good.

I've gained back about 75% of what I lost
when the stock market dropped from it's
highs in January due to the Covid-19 thingy.

Just waiting for November 9th so we can all
get back to where we were, and start gaining ground again.

w


"Provisional/Interim" member of NYS Trappers Association
Jefferson Co. Fur Harvesters

I Support Non-Resident Trapping



Re: Silver shot up...... [Re: Marty] #6940659
07/24/20 07:51 AM
07/24/20 07:51 AM
Joined: May 2010
Posts: 10,491
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,491
MN
I hope that work outs for us all, I'm not as confident Trump winning the election will turn things around. I'm of the belief the Fed and their free money policies of the last 20 years has done too much damage.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver shot up...... [Re: Gary Benson] #6940678
07/24/20 08:15 AM
07/24/20 08:15 AM
Joined: Jul 2011
Posts: 159
Virginia
D
Dave Kimball Offline
trapper
Dave Kimball  Offline
trapper
D

Joined: Jul 2011
Posts: 159
Virginia
Originally Posted by Gary Benson
I'd feel like an idiot paying $1868 for an ounce of gold. That's just me though.


It feels pretty good when you're sitting on a few ounces you bought in 2002 @ $350.00 and ounce. .99999 Canadian

smile


Dave Kimball
NTA-VTA Life Member
Trapping Some- Buying Some
(804) 631-7417
Re: Silver shot up...... [Re: walleyed] #6940747
07/24/20 09:14 AM
07/24/20 09:14 AM
Joined: Dec 2006
Posts: 17,663
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Posts: 17,663
Rodney,Ohio
Originally Posted by walleyed
How is BITCOIN doing ?

Are you mega-rich yet ?

w

It's up about 600 this week though down about 2700 from this time last year. Still 50% higher than when I purchased. Some of the "penny" cryptos are up 3x from a few months ago. Litecoin has pretty much stayed flat and never really recovered from the big run and crash two years ago.

Re: Silver shot up...... [Re: Steven 49er] #6940764
07/24/20 09:29 AM
07/24/20 09:29 AM
Joined: Jan 2012
Posts: 293
MT
B
bbasher Offline
trapper
bbasher  Offline
trapper
B

Joined: Jan 2012
Posts: 293
MT
Steve49, what's your plan? The financial markets collapse, and the dollar has no value, what good is investing going to do you?

Last edited by bbasher; 07/24/20 09:30 AM.
Re: Silver shot up...... [Re: Marty] #6941083
07/24/20 01:13 PM
07/24/20 01:13 PM
Joined: Dec 2015
Posts: 6,350
se South Dakota
NonPCfed Offline
trapper
NonPCfed  Offline
trapper

Joined: Dec 2015
Posts: 6,350
se South Dakota
Quote
I hope that work outs for us all, I'm not as confident Trump winning the election will turn things around. I'm of the belief the Fed and their free money policies of the last 20 years has done too much damage.


Especially with another 5 trillion in fed debt by the time all the covid spending is tallied up.


"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground".
Genesis 1:26
Re: Silver shot up...... [Re: bbasher] #6943847
07/26/20 08:32 PM
07/26/20 08:32 PM
Joined: May 2010
Posts: 10,491
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,491
MN
Originally Posted by bbasher
Steve49, what's your plan? The financial markets collapse, and the dollar has no value, what good is investing going to do you?


My plan is to have some insurance. If the dollar crashes there will be value in other venues whether it be metals, real estate or foreign markets. Don't forget lead and brass.

The price of gold is pennies away from it's all time high, with all the quantitative easing going in there isn't much to stop it from going quite a bit higher. Silver should close the GSR gap .

Walleyed, keep an eye on bitcoin, its going go for a heck of a roller coaster ride.



"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver shot up...... [Re: Marty] #6944003
07/26/20 11:33 PM
07/26/20 11:33 PM
Joined: Apr 2019
Posts: 833
SD
B
Bison88 Offline
trapper
Bison88  Offline
trapper
B

Joined: Apr 2019
Posts: 833
SD
Looking like another good day!

Screenshot_20200726-222925_CNBC.jpg
Re: Silver shot up...... [Re: Marty] #6944037
07/27/20 01:03 AM
07/27/20 01:03 AM
Joined: May 2010
Posts: 10,491
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,491
MN
Wait until the markets open in the morning, it will be interesting to see how much the silver miners go up. As I type this gold is at 1932, all time high. Parker and Tony should make some money this summer if they can get fired up.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver shot up...... [Re: Marty] #6944196
07/27/20 10:00 AM
07/27/20 10:00 AM
Joined: Feb 2008
Posts: 280
NE Indiana
L
Larry Hall Offline
trapper
Larry Hall  Offline
trapper
L

Joined: Feb 2008
Posts: 280
NE Indiana
Silver miners and all PM miners looking pretty sharp this morning.. AG is on fire and will probably continue on up.. 20% short position in the market against them currently..Guy could make some money on this one or lose their ever loving butts!!! They settle their tax dispute favorably with the Mexican government, watch out..

Re: Silver shot up...... [Re: Marty] #6944199
07/27/20 10:06 AM
07/27/20 10:06 AM
Joined: Dec 2006
Posts: 17,663
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Posts: 17,663
Rodney,Ohio
Bitcoin is now up 600 from last week

Re: Silver shot up...... [Re: Marty] #6944350
07/27/20 12:37 PM
07/27/20 12:37 PM
Joined: Jun 2012
Posts: 3,834
KY.usa
rex123 Offline
trapper
rex123  Offline
trapper

Joined: Jun 2012
Posts: 3,834
KY.usa
Silver is over 24 today.

Re: Silver shot up...... [Re: Marty] #6944753
07/27/20 07:29 PM
07/27/20 07:29 PM
Joined: May 2010
Posts: 10,491
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,491
MN
Over $25 now.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Silver shot up...... [Re: Marty] #6944801
07/27/20 08:24 PM
07/27/20 08:24 PM
Joined: Jun 2012
Posts: 3,834
KY.usa
rex123 Offline
trapper
rex123  Offline
trapper

Joined: Jun 2012
Posts: 3,834
KY.usa
A buyer told me that he thought it would go up until fall. Can't decide to sell or wait a few weeks?

Re: Silver shot up...... [Re: rex123] #6945026
07/27/20 11:46 PM
07/27/20 11:46 PM
Joined: Nov 2007
Posts: 898
N. W. MISSOURI
T
TRAPPER-ED Offline
trapper
TRAPPER-ED  Offline
trapper
T

Joined: Nov 2007
Posts: 898
N. W. MISSOURI
reports i have heard say its good for 6 to 10 months ? will see ? some one last year on here posted buy ELA i looked at it and got 100 shares for 96 cents a share i have been up over 500 % at one time its down some now i did sell 50 shares , been buying in to mining companies mainly silver like AG and AUY and others


50 + years of trapping & some fur buying and i still know nothing.
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