Re: Silver & Gold!!!
[Re: Marty]
#8120511
04/12/24 08:06 PM
04/12/24 08:06 PM
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Joined: Aug 2011
Posts: 46,428 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 46,428
james bay frontierOnt.
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Thats only 10.000 felt beaver todays price.
Last edited by Boco; 04/12/24 08:14 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: Silver & Gold!!!
[Re: Boco]
#8120514
04/12/24 08:11 PM
04/12/24 08:11 PM
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Joined: Feb 2020
Posts: 10,188 Indiana
Providence Farm
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trapper
Joined: Feb 2020
Posts: 10,188
Indiana
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Why do so many hoard toilet paper when they get scared? Never could figure that one out. Maybe they crap more. Because someone somewhere said there was a shortage and people being unprepared lemmings jumped and bought up the supply buying all they could find if not creating the shortage making it much worse. We stay stocked on things and even if we ran out I was never more than a few steps from the shower when at home so was never a concern for me.
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Re: Silver & Gold!!!
[Re: white17]
#8120584
04/12/24 09:19 PM
04/12/24 09:19 PM
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Joined: May 2010
Posts: 10,777 MN
Steven 49er
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trapper
Joined: May 2010
Posts: 10,777
MN
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I don't think the election has anything to do with it. It is ongoing inflation, ongoing expectations of more inflation, reaction to the Fed talking about reducing rates sometime this year (foolishly IMO ) and geopolitical events in the middle east vis a vis the price of oil. IMHO the biggest driver of the gold market is aggressive purchases by foreign Central banks. 2nd factor is the threat of rate cuts.
"Gold is money, everything else is just credit" JP Morgan
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Re: Silver & Gold!!!
[Re: Steven 49er]
#8120595
04/12/24 09:38 PM
04/12/24 09:38 PM
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Joined: Sep 2020
Posts: 1,924 Pennsylvania
patrapperbuster
trapper
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trapper
Joined: Sep 2020
Posts: 1,924
Pennsylvania
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I don't think the election has anything to do with it. It is ongoing inflation, ongoing expectations of more inflation, reaction to the Fed talking about reducing rates sometime this year (foolishly IMO ) and geopolitical events in the middle east vis a vis the price of oil. IMHO the biggest driver of the gold market is aggressive purchases by foreign Central banks. 2nd factor is the threat of rate cuts. Don't forget a dying US dollar
TILL THAT DAY.....
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Re: Silver & Gold!!!
[Re: patrapperbuster]
#8120607
04/12/24 09:44 PM
04/12/24 09:44 PM
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Joined: Nov 2017
Posts: 11,539 Maine, Aroostook
Posco
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trapper
Joined: Nov 2017
Posts: 11,539
Maine, Aroostook
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Don't forget a dying US dollar It's musical chairs. The system is eventually going to collapse. There will be a lot of fingerpointing but no accountability.
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Re: Silver & Gold!!!
[Re: Boco]
#8120661
04/12/24 11:01 PM
04/12/24 11:01 PM
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Joined: Jan 2014
Posts: 7,918 Virginia
52Carl
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trapper
Joined: Jan 2014
Posts: 7,918
Virginia
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Why do so many hoard toilet paper when they get scared? Never could figure that one out. Maybe they crap more. It's because they bought up all of the bread and milk on the shelves. When the power goes out, all they will have to eat in the coming days is stale bread for clabbered milk sandwiches. They'll be needing all of that toilet paper.
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Re: Silver & Gold!!!
[Re: Marty]
#8120808
04/13/24 08:40 AM
04/13/24 08:40 AM
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Joined: Nov 2007
Posts: 10,089 St. Cloud, MN
trapperkeck
trapper
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trapper
Joined: Nov 2007
Posts: 10,089
St. Cloud, MN
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I was talking to my dad the other day. He bought 5 bags of silver dimes, quarters and dollars about 5 years ago. He said it penciled out to $17/oz at the time. If I were in the market, I'd certainly buy coins over any other options.
"The voice of reason!"
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Re: Silver & Gold!!!
[Re: Marty]
#8120944
04/13/24 01:22 PM
04/13/24 01:22 PM
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Joined: Jan 2014
Posts: 21,413 North East Kansas
Marty
OP
trapper
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OP
trapper
Joined: Jan 2014
Posts: 21,413
North East Kansas
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^Where do you buy gold/silver then?
I pay around the melt ask price and sometimes less, sometimes a bit more. That would be less than 'spot'. Gold coins the same weight(basically) can vary $60-70 depending on the country they were minted in....I am not talking about 'collector' coins just regular junk silver coins and non collectable gold coins. Right now the gold ask is $2,346 so a 1/4 ounce coin is $586 plus the premium and some 1/4 ounce gold coins are really .235-.245 ounce. The online bullion dealers are usually $60-100 more than my coin shop and some of the coins they sell would be taxable(I believe).
Rise and Rise Again Until Lambs Become Lions
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Re: Silver & Gold!!!
[Re: Marty]
#8121768
04/14/24 06:51 PM
04/14/24 06:51 PM
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Joined: Dec 2015
Posts: 6,526 se South Dakota
NonPCfed
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trapper
Joined: Dec 2015
Posts: 6,526
se South Dakota
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Why do so many hoard toilet paper when they get scared? Never could figure that one out. Maybe they crap more. Because maybe they're not into using leaves or grass...? Just because Boco is all nat-u-ral in his AW, doesn't mean most people are. TP could become money in some situations, better uses than trading seashells. P.S. I prefer snow over leaves or grass, a much more clean feeling, although snow is kind of hard to get in Dakota come July...
"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
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Re: Silver & Gold!!!
[Re: trapperkeck]
#8121789
04/14/24 07:26 PM
04/14/24 07:26 PM
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Joined: Jan 2014
Posts: 21,413 North East Kansas
Marty
OP
trapper
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OP
trapper
Joined: Jan 2014
Posts: 21,413
North East Kansas
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I bought T-P and primers today. I'm guessing my 5 year ROI will be better than gold. Maybe but how much tp can you carry hidden from view?
Rise and Rise Again Until Lambs Become Lions
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