Locked in at $96 per ounce. Selling 120 ounces. Just a real market update.

Nobody was buying today in SD

Nice



Finding outlets to sell are getting tougher. There is a liquidity problem. Refiners and wholesalers are starting to turn back sales and payments are getting pushed back. The pipeline is juiced right now.

Finding outlets to sell are getting tougher. There is a liquidity problem. Refiners and wholesalers are starting to turn back sales and payments are getting pushed back. The pipeline is juiced right now.


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Got only a couple guys buying from me right now. Really want only .999. Bought done selling. Their buyers buyers are drying up.

Did you try the coin shop in Mitchell he’s a good buyer.

They are buying back silver for $6 behind spot around here. Problem is if they get too much inventory and have to sell back to refiner, the refiners are paying $12 behind spot.

$6 is good.

90% here in Midland, so ~$10

Think I'm gonna dump some today.

I may be dumb but think I will keep holding.

It’s a crap shoot either way.

Right now alloyed silver is the red headed step child.

The market is awash in silver and most refiners don't want to deal with it closing an avenue for dealers to get rid of it.

19 bucks back of spot still puts it at 70 times face. Crazy good!

Has thinking of you s49 this am,,,,

Bought a gold mining company today

First time in a jr in 13 years,,, also first investment in a Canadian company in 13 years

First mining gold corp(FF)

25 000@.71 cnd

We’ll see how it goes

You're six months behind lol.

If these prices hold or even drop 20 30 percent the miners are going to be good property.

In fact if I wasn't exposed to physical silver and wanted to be exposed to it, I'd buy mining stock. At least it's liquid.

If silber goes to 150 or 200, I wonder how liquid it's going to be.

Question for you sp.

What's your experience with OTC stocks? Are they easy to unload?

I bought my first one this summer, BADEF.

One thing about the miners is it takes a bit of nerves.

Silver is at 108 and the mining stocks are down today lol. I'm down two to five percent across the board.

That is the problem with OTC,,,,, liquidity

I would of preferred to buy FF in US funds, on a US exchange,,,, but my broker wouldn’t let me(q-trade),,,, because it’s OTC

I’ve been debanked twice in the last couple years( long story) and was forced to switch to Qtrade,,, they kinda suck

So I had to do the Canadian thing,,,,, I lost 3% of fx slippage before I even got started

It was a real problem back in the day, when is was big into the jr’s

It was the main reason I stopped messing with them

Thanks.

We need to hear the debanked story. It's a big part of the reason we need a decentralized mode of exchange.

You've managed to avoid buying Canadian energy companies in the last 13 years?

Yes!! That is the goal,,,and stay out of jail

I’m currently in process of leaving the centralize banking system,,,

Banks don’t like that,,,especially Canadian banks,,,, we have almost no competition up here

I could of done it all at once,,,, but the tax implications were too much

So I’m doing it slowly,,, it’s going to take me a couple more years

It’s still painful,,, the taxes

But it will be worth it long term

Forgive me if I don’t lay it all out on the internet,,,

For the algorithm/For the record:

I love the CRA and I love the IRS just as much

They’ve been so good to/for me

Are you going to retire in El Salvador lol.

Argentina?

Dumped some of my scruffy rounds and bars I picked up online and in trades. Enough to cover our summer vacation to Disney.

Got paid 90% of KITCO spot, so $97.25/0z

KZOO Bullion here in Midland.

They Sigma'd a handful to verify.

They said it's been a steady stream of people selling. Dude shook his head when he was figuring the numbers and said "I still can't believe spot is over $100...."

Called a couple places here in west AZ. Not pawn shops. One is not buying gold or silver, The other will buy limited quantities of pure silver. I may be missing the bus?

If I could travel back in time,,,, I would open an account in St kitts or the Bahamas or someplace similar

Nobody explains that when you’re younger,,, even tho all the overlords/bankers/politicians do it

Short of giving up citizenship(which is extremely difficult/costly) everyone gets taxed on worldwide income,,,, there’s no escaping it

Even tho there is an exit,,,it’s just not easy

I am retired,,,,, the republic of Alberta would be nice

Taxes are manageable. There is no place I'd rather be than the US.

The sale went through today. We did bring some 90% stuff (around $2,000 worth). He said he would buy that amount only because we have sold him so much pure. Said they are all done buying junk silver until the backlog at the refineries is gone.

My son was going to sell 200 oz yesterday, got a price from a store in Central Oregon. They quoted him a price $6 under spot. Spot was $112. He drove 4 hours to the store and the guy said we've changed our minds. We're paying $86.25. There were 4 people in line selling silver. He took it back home

Liquidity in the retail market is becoming a major problem.

Correct. Only one main player local to us now. Locked in $100 per ounce if delivered tomorrow. Girls parting ways with 100 more ounces total. The rest of the pure and a whole lot of 90% getting put back away. Lost track of how much they sold. Glad I collected it over the years. Not sure how I accumulated the sum in my poor years. But I did.

Silver was cheap then.

Buy 2 ounces a week for 20 years and 2080 ounces.

Before this run up most people spent more than 2 ounces a week on beer, cigs, scratchoffs, coffee, McDonalds, etc, It's all about priorities.

I should have stated that liquidity in the silver market is becoming a major problem. Gold is still easy to off load.

Great advice. Not from my opinion but from actual trying to make a asset liquid. Holding my gold for now.

Today was $100 per ounce as promised. My six daughters made a run and are stashing their remainder. The buyer said he would have it all sold by days end. Said they could not believe what people would pay. Nor can I! Hope it goes to $150. Will not have an ounce of regret! lol