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For you silver investors #7849381
04/20/23 10:48 AM
04/20/23 10:48 AM
Joined: Jan 2008
Alaska and Washington State
W
waggler Offline OP
trapper
waggler  Offline OP
trapper
W

Joined: Jan 2008
Alaska and Washington State
I thought some of you silver bulls might like this.

https://www.mining.com/web/record-d...w-era-of-deficits-silver-institute-says/


"My life is better than your vacation"
Re: For you silver investors [Re: waggler] #7849418
04/20/23 11:54 AM
04/20/23 11:54 AM
Joined: Aug 2010
Asheville, NC
C
charles Offline
trapper
charles  Offline
trapper
C

Joined: Aug 2010
Asheville, NC
$24.98 just now

Re: For you silver investors [Re: waggler] #7849425
04/20/23 12:04 PM
04/20/23 12:04 PM
Joined: Jan 2018
MN
D
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper
D

Joined: Jan 2018
MN
Got a silver Canadian quarter from the bank today, I'm considering retirement

Re: For you silver investors [Re: waggler] #7849702
04/20/23 06:19 PM
04/20/23 06:19 PM
Joined: May 2010
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
MN
I'll give you 4 bucks for it. I love canadian silver coins.


"Gold is money, everything else is just credit" JP Morgan
Re: For you silver investors [Re: waggler] #7849790
04/20/23 08:29 PM
04/20/23 08:29 PM
Joined: Mar 2010
wyoming southeast
D
danvee Offline
trapper
danvee  Offline
trapper
D

Joined: Mar 2010
wyoming southeast
look at what 10 oz silver or gold was worth in 1929 start of the depression or when Nixon pulled the plug on it. Now compare what it would have cost and what it is worth today. Now take the same amount of money and look at what it would be worth had you invested it in the S&P 500 and tell me what the better investment was.

Re: For you silver investors [Re: waggler] #7849797
04/20/23 08:42 PM
04/20/23 08:42 PM
Joined: Feb 2011
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
alberta
Can’t speak too the depression or the Nixon era,,,,

But since 96’ gold and the S&P are pretty much even

Re: For you silver investors [Re: danvee] #7849827
04/20/23 09:38 PM
04/20/23 09:38 PM
Joined: May 2010
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
MN
Originally Posted by danvee
look at what 10 oz silver or gold was worth in 1929 start of the depression or when Nixon pulled the plug on it. Now compare what it would have cost and what it is worth today. Now take the same amount of money and look at what it would be worth had you invested it in the S&P 500 and tell me what the better investment was.



Land would have been a better investment than both. What's your point.


"Gold is money, everything else is just credit" JP Morgan
Re: For you silver investors [Re: waggler] #7849833
04/20/23 09:50 PM
04/20/23 09:50 PM
Joined: Jan 2014
North East Kansas
Marty Offline
trapper
Marty  Offline
trapper

Joined: Jan 2014
North East Kansas
physical gold/silver ain't gonna go poof....


Rise and Rise Again
Until Lambs Become Lions
Re: For you silver investors [Re: waggler] #7849836
04/20/23 09:53 PM
04/20/23 09:53 PM
Joined: Jan 2014
Central Oregon
AntiGov Offline
trapper
AntiGov  Offline
trapper

Joined: Jan 2014
Central Oregon
[Linked Image]


The Vink for chief moderator....night shift ...11pm- 5am best coast time zone.....Free Marty


Re: For you silver investors [Re: waggler] #7849841
04/20/23 10:03 PM
04/20/23 10:03 PM
Joined: Dec 2006
Oregon 66
bfflobo Offline
trapper
bfflobo  Offline
trapper

Joined: Dec 2006
Oregon 66
Holding tangible precious metals is not an investment. It is insurance preserving wealth. A way to fight inflation and/or destruction of world fiat currencies.
Investing in precious metals should be done through ETF's, mutual funds, mining stocks. These are traded in fiat currency with the click of a mouse.
The only true money is precious metals, with gold being#1.Folding currency used to be money when it was backed by gold. Roosevelt started the destruction of money, Nixon finished it off. Our currency now is backed by debt and production of more debt out of thin air. (Printing of more fiat to pay on the debt, creating higher debt)
Crypto may fit in there some where. Now or in future????

Last edited by bfflobo; 04/21/23 09:50 AM.

Clean traps,tight lines,straight shooting
http://i.imgur.com/3sawxE9m.jpg
Re: For you silver investors [Re: Steven 49er] #7849858
04/20/23 10:24 PM
04/20/23 10:24 PM
Joined: Jan 2018
MN
D
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper
D

Joined: Jan 2018
MN
Originally Posted by Steven 49er
I'll give you 4 bucks for it. I love canadian silver coins.


The Caribou is a pretty cool coin. I give all my interesting coins to my 3 year old niece, she appreciates them more than I would.

Re: For you silver investors [Re: waggler] #7849859
04/20/23 10:25 PM
04/20/23 10:25 PM
Joined: May 2010
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
MN
Good on you.


"Gold is money, everything else is just credit" JP Morgan
Re: For you silver investors [Re: Donnersurvivor] #7849898
04/20/23 10:59 PM
04/20/23 10:59 PM
Joined: Jul 2012
N. Carolina
S
Scout1 Offline
trapper
Scout1  Offline
trapper
S

Joined: Jul 2012
N. Carolina
Originally Posted by Donnersurvivor
Originally Posted by Steven 49er
I'll give you 4 bucks for it. I love canadian silver coins.


The Caribou is a pretty cool coin. I give all my interesting coins to my 3 year old niece, she appreciates them more than I would.

Puts them in a bubblegum machine?


-------------------------------------
DJT in 2024!
Re: For you silver investors [Re: waggler] #7849903
04/20/23 11:03 PM
04/20/23 11:03 PM
Joined: Jul 2012
N. Carolina
S
Scout1 Offline
trapper
Scout1  Offline
trapper
S

Joined: Jul 2012
N. Carolina
Always check the green change to cash machines at grocery stores. They will not take in silver?? I cashed in about a $100 in change one time and had several pre 64 quarters and nickels kicked back. When my son was around 3, he stuck his hand in the box and came out with a mercury dime. Just walk by and look in the return slot.


-------------------------------------
DJT in 2024!
Re: For you silver investors [Re: bfflobo] #7849920
04/20/23 11:19 PM
04/20/23 11:19 PM
Joined: Jan 2008
Alaska and Washington State
W
waggler Offline OP
trapper
waggler  Offline OP
trapper
W

Joined: Jan 2008
Alaska and Washington State
Originally Posted by bfflobo
Holding tangible precious metals is not and investment. It is insurance preserving wealth. A way to fight inflation and/or destruction of world fiat currencies.
Investing in precious metals should be done through ETF's, mutual funds, mining stocks. These are traded in fiat currency with the click of a mouse.
The only true money is precious metals, with gold being#1.Folding currency used to be money when it was backed by gold. Roosevelt started the destruction of money, Nixon finished it off. Our currency now is backed by debt and production of more debt out of thin air. (Printing of more fiat to pay on the debt, creating higher debt)
Crypto may fit in there some where. Now or in future????

^^^^This.

Physical gold is a hedge against inflation and security against what can become worthless currency.

Precious metal nvestments for an actual gain are made by investing in solid, profitable, gold mining companies.


"My life is better than your vacation"
Re: For you silver investors [Re: waggler] #7849937
04/20/23 11:53 PM
04/20/23 11:53 PM
Joined: Mar 2014
Central Texas
C
Chancey Offline
trapper
Chancey  Offline
trapper
C

Joined: Mar 2014
Central Texas
Was able to score me some pre64 dimes yesterday. Getting harder to find. I sure like the way they shine and clink!


Resident Conspiracy Theorist
Accused Moron, Nazi, Low IQ, and Putin Fan Boy
Re: For you silver investors [Re: waggler] #7849944
04/21/23 12:17 AM
04/21/23 12:17 AM
Joined: Jan 2014
North East Kansas
Marty Offline
trapper
Marty  Offline
trapper

Joined: Jan 2014
North East Kansas
I got all i can afford for right now, better than nothing though.


Rise and Rise Again
Until Lambs Become Lions
Re: For you silver investors [Re: waggler] #7849949
04/21/23 12:35 AM
04/21/23 12:35 AM
Joined: Mar 2014
Central Texas
C
Chancey Offline
trapper
Chancey  Offline
trapper
C

Joined: Mar 2014
Central Texas
Me too Marty. Wish I could afford gold, but its out of my price range.


Resident Conspiracy Theorist
Accused Moron, Nazi, Low IQ, and Putin Fan Boy
Re: For you silver investors [Re: waggler] #7849950
04/21/23 12:48 AM
04/21/23 12:48 AM
Joined: Mar 2014
Central Texas
C
Chancey Offline
trapper
Chancey  Offline
trapper
C

Joined: Mar 2014
Central Texas
I bought me $100 worth of Nevada Goldbacks the other day and they just came in. Hoping it was money well spent, but I don't know.

Had a buddy coin collector that told me he took one and put in a crucible and melted it down and all of it just turned to fumes. So, if I screwed up at least it wasn't too much.


Resident Conspiracy Theorist
Accused Moron, Nazi, Low IQ, and Putin Fan Boy
Re: For you silver investors [Re: waggler] #7850114
04/21/23 10:08 AM
04/21/23 10:08 AM
Joined: Jan 2008
Alaska and Washington State
W
waggler Offline OP
trapper
waggler  Offline OP
trapper
W

Joined: Jan 2008
Alaska and Washington State
^^^^
One of those Nevada Goldbacks only contains 31 milligrams of gold (1/1000 of an ounce). Unless it was properly fluxed when he melted it, the gold is most likely still in the crucible, stuck very thinly to it's walls.


"My life is better than your vacation"
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