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Silver is selling out, stores rush to restock

 
Anonymous Coward
User ID: 79742528
United States
01/31/2021 03:27 PM
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Re: Silver is selling out, stores rush to restock
TD Canada Trust just pulled the plug on thier precious metals webstore, lots of Silver coins/bars where going out of stock, put up some crap about Covid19

[link to preciousmetals.td.com (secure)]
 Quoting: racebyu


Its goin down boys!!!!

Never been so excited for the opening of a metals exchange in my life.

3.5 hrs Oh boy, oh boy oh boy!
 Quoting: Anonymous Coward 79465202


i listened to a veteran silver expert say that this is
a once in a lifetime experience for him. he's been
in the business for many decades.

i'm giddy with excitement too.

rockon
Larry D. Croc

User ID: 70736097
United States
01/31/2021 03:29 PM

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Re: Silver is selling out, stores rush to restock
...


As long as it really is .999 you have done good.
 Quoting: Anonymous Coward 79854840


Got from SilverTowne.com
very nervous
 Quoting: Anonymous Coward 79624051


They're good people, relax, it's a well recognized name for well over 50 years.
 Quoting: Larry D. Croc


SilverTowne website is now “Under Maintenance”

clappa
 Quoting: Anonymous Coward 75684896



I have no way to comment on how robust their internet platform is. I'm imagining any number of precious metal sites have crashed during the past couple of days.
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
Anonymous Coward
User ID: 79466844
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01/31/2021 03:30 PM
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Re: Silver is selling out, stores rush to restock
You guys think this is funny, right?!
 Quoting: Anonymous Coward 78327618


Not yet. I'm hard at it on various websites around the world trying to get what I can at the best price. Tonight/Tomorrow is when the drama will go down and we can share a good laugh.
Anonymous Coward
User ID: 75235642
United States
01/31/2021 03:30 PM
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Re: Silver is selling out, stores rush to restock
I had 40 oz of gold i paid between 300 and 800 for i s
Old at 1800 . I have about 400 oz of silver problem its in u s mint sets silver eagles the 5 oz state quarters morgan dollars it will a sad day when i sell the for melt .i told people gold for years the past year i said silver i always hear i shou of listend
Silver will hit 70+ an oz buy april 1st
Larry D. Croc

User ID: 70736097
United States
01/31/2021 03:31 PM

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Re: Silver is selling out, stores rush to restock
TD Canada Trust just pulled the plug on thier precious metals webstore, lots of Silver coins/bars where going out of stock, put up some crap about Covid19

[link to preciousmetals.td.com (secure)]
 Quoting: racebyu


Its goin down boys!!!!

Never been so excited for the opening of a metals exchange in my life.

3.5 hrs Oh boy, oh boy oh boy!
 Quoting: Anonymous Coward 79465202



This is a long, long road, the proverbial marathon vs. sprint.
If you're patient? Enjoy the ride, with its ups and downs. If you hope for a quick hit, sizeable profit? You'll be disappointed.
 Quoting: Larry D. Croc


I would typically agree with you, however, the same could have been said about Gamestop two weeks ago.

A lot of indicators are pointing to silver being the next Gamestop. Could be glorious.
 Quoting: Psychedelic Mashed Potatoes


Gamestop has a limited number of shares.

There are a LOT more ounces of silver around.

Trust me, I'd love to see JPM get skinned, but there are substantive and fundamental differences in the two situations.
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
M R E

User ID: 71630411
United States
01/31/2021 03:32 PM

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Re: Silver is selling out, stores rush to restock
O.K.,back to square one.Only 4 rules to buying silver.1.Take 2.Immediate. 3.physical. 4.possession. Violate any one of those 4 rules and you have lost.
 Quoting: Anonymous Coward 80001967


I buy Morgan dollars off e by is this OK ? Serious Question bro tim
 Quoting: Anonymous Coward 79733077


as long as the sellers are not from China you should be good, Morgan Dollars are highly collectible so you have the numismatic value going for you too unless they are Culls.
would rather have it & not need it then need it & not have it
Anonymous Coward
User ID: 76760905
United States
01/31/2021 03:32 PM
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Re: Silver is selling out, stores rush to restock
Silver should be 16 to 1 gold. If Gold is $2000 silver should be $125
 Quoting: Anonymous Coward 76953217


It comes out of the ground at around 9:1
Larry D. Croc

User ID: 70736097
United States
01/31/2021 03:33 PM

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Re: Silver is selling out, stores rush to restock
...


Its goin down boys!!!!

Never been so excited for the opening of a metals exchange in my life.

3.5 hrs Oh boy, oh boy oh boy!
 Quoting: Anonymous Coward 79465202



This is a long, long road, the proverbial marathon vs. sprint.
If you're patient? Enjoy the ride, with its ups and downs. If you hope for a quick hit, sizeable profit? You'll be disappointed.
 Quoting: Larry D. Croc


I would typically agree with you, however, the same could have been said about Gamestop two weeks ago.

A lot of indicators are pointing to silver being the next Gamestop. Could be glorious.
 Quoting: Psychedelic Mashed Potatoes


yep. this isnt like previous pushes like keisier in 2010 or whatever.

millions jumped on WSB in a few days. monday silver is going to explode and they will launch nukes to put a lid on it. it's going to be a direct assault on the behemoth banks
 Quoting: Anonymous Coward 79391580



It won't "explode" beyond about $39 or $40 in all likelihood. Once it opens it's got a $12 per ounce cap in place per the trading rules.
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
Waffles ™

User ID: 79999392
United States
01/31/2021 03:33 PM

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Re: Silver is selling out, stores rush to restock
bold precious metals .com just pulled all their silver inventory...none for purchase at the moment...i love the way this is unfolding

[link to boldpreciousmetals.com (secure)]
-------------------------------------
Anonymous Coward
User ID: 80000043
United States
01/31/2021 03:34 PM
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Re: Silver is selling out, stores rush to restock
Best thing to happen to Wall Street, and the country. I hope this keeps up, brings down the whole damn thing. It’s already a sham anyway. Wall Street has been completely decoupled from Main Street for the last two decades.

But even if this doesn’t keep up, it has struck fear into WS, that this could happen again at any time.

Meanwhile, someone needs to sue Robinhood out of existence. How ironic that they named themselves Robinhood. Instead of robbing a few bad guys to give to lots of good guys, they rob lots of good guys to give to a few bad guys. The two founders of Robinhood, a couple of 35 year old Stanford grads, are already billionaires as the company was recently valued at $6B. The good guys who got caught buying in too high can sue Robinhood to recover their losses.

This whole episode exposes once more who the media, DC, and corporate America are for, not the little people, but themselves. Making money is a privilege for them only; everyone else can only bail them out through our taxes when they get too greedy and bring the whole thing down.
Strate8

User ID: 36868968
United States
01/31/2021 03:34 PM
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Re: Silver is selling out, stores rush to restock
Citadel is long SLV

BUYING SLV is bailing out Citadel from their GME short.

Wake the fuck up.

trolls vs bots - we live in a scifi world
Anonymous Coward
User ID: 79173575
United States
01/31/2021 03:35 PM
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Re: Silver is selling out, stores rush to restock
I'm sorry I only bought 20 oz the other day. I can't find anything now but overpriced proof coins. Fuck.
Anonymous Coward
User ID: 79321299
United States
01/31/2021 03:36 PM
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Re: Silver is selling out, stores rush to restock
Bullshit. Nobody is "rushing" to restock because nobody needs to sell silver to earn a living and nobody needs silver period. Anything minted into bouillon or coin is already set aside from the raw materials market which is entirely separate. No producer will increase the amount of silver being produced or change percentages of retail vs materiel market.s If yo are too stupid to understand what I just said basically it means you are a fucking idiot and this will have no price effect on Silver period.

Watch and learn.
 Quoting: Anonymous Coward 79856448


You have NO idea of the silver market, at all. What an idiot.
Anonymous Coward
User ID: 73071693
United States
01/31/2021 03:36 PM
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Re: Silver is selling out, stores rush to restock
Stock up: [link to www.apmex.com (secure)]
Anonymous Coward
User ID: 3330740
United States
01/31/2021 03:36 PM
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Re: Silver is selling out, stores rush to restock
I'll sell my silver. Who buys it?
 Quoting: pool


bsflag
 Quoting: Anonymous Coward 79624051


Freaking no one buys retail silver on the street.
 Quoting: pool


Sure they do. I've bought and sold all sorts of things at gun shows and in parking lots. Ever heard of craigslist? Armslist?
Anonymous Coward
User ID: 79321299
United States
01/31/2021 03:36 PM
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Re: Silver is selling out, stores rush to restock
Citadel is long SLV

BUYING SLV is bailing out Citadel from their GME short.

Wake the fuck up.

 Quoting: Strate8




Yes, the ONLY way to break the commercials is to buy physical, and demand delivery.
M R E

User ID: 71630411
United States
01/31/2021 03:37 PM

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Re: Silver is selling out, stores rush to restock
...


Its goin down boys!!!!

Never been so excited for the opening of a metals exchange in my life.

3.5 hrs Oh boy, oh boy oh boy!
 Quoting: Anonymous Coward 79465202



This is a long, long road, the proverbial marathon vs. sprint.
If you're patient? Enjoy the ride, with its ups and downs. If you hope for a quick hit, sizeable profit? You'll be disappointed.
 Quoting: Larry D. Croc


I would typically agree with you, however, the same could have been said about Gamestop two weeks ago.

A lot of indicators are pointing to silver being the next Gamestop. Could be glorious.
 Quoting: Psychedelic Mashed Potatoes


Gamestop has a limited number of shares.

There are a LOT more ounces of silver around.

Trust me, I'd love to see JPM get skinned, but there are substantive and fundamental differences in the two situations.
 Quoting: Larry D. Croc


for the near term JPM has enough physical to keep the prices from getting to out of line. they have Vaults in NY and London thanks to Bear Stearns and the US .Gov in 2008!
would rather have it & not need it then need it & not have it
Anonymous Coward
User ID: 75993659
Canada
01/31/2021 03:39 PM
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Re: Silver is selling out, stores rush to restock
Best thing to happen to Wall Street, and the country. I hope this keeps up, brings down the whole damn thing. It’s already a sham anyway. Wall Street has been completely decoupled from Main Street for the last two decades.

But even if this doesn’t keep up, it has struck fear into WS, that this could happen again at any time.

Meanwhile, someone needs to sue Robinhood out of existence. How ironic that they named themselves Robinhood. Instead of robbing a few bad guys to give to lots of good guys, they rob lots of good guys to give to a few bad guys. The two founders of Robinhood, a couple of 35 year old Stanford grads, are already billionaires as the company was recently valued at $6B. The good guys who got caught buying in too high can sue Robinhood to recover their losses.

This whole episode exposes once more who the media, DC, and corporate America are for, not the little people, but themselves. Making money is a privilege for them only; everyone else can only bail them out through our taxes when they get too greedy and bring the whole thing down.
 Quoting: Et Sano


Its the best thing for the people because its going to give them REAL wealth in their hands.

120 years ago nearly all people had gold or silver in their possession. It was real money. Whoever holds the real money holds the power.

People have been stripped of their power and real wealth for nearly 100 years. If this trend keeps going its going to return wealth into the hands of the people again.
UwFi99

User ID: 80000890
Germany
01/31/2021 03:41 PM
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Re: Silver is selling out, stores rush to restock
...


Its goin down boys!!!!

Never been so excited for the opening of a metals exchange in my life.

3.5 hrs Oh boy, oh boy oh boy!
 Quoting: Anonymous Coward 79465202



This is a long, long road, the proverbial marathon vs. sprint.
If you're patient? Enjoy the ride, with its ups and downs. If you hope for a quick hit, sizeable profit? You'll be disappointed.
 Quoting: Larry D. Croc


I would typically agree with you, however, the same could have been said about Gamestop two weeks ago.

A lot of indicators are pointing to silver being the next Gamestop. Could be glorious.
 Quoting: Psychedelic Mashed Potatoes


Gamestop has a limited number of shares.

There are a LOT more ounces of silver around.

Trust me, I'd love to see JPM get skinned, but there are substantive and fundamental differences in the two situations.
 Quoting: Larry D. Croc

Of course but in the GME Case they can cancel all bets and take the share from the market, after weeks of crying and yelling all as it was before
BuckyB

User ID: 77155702
United States
01/31/2021 03:45 PM
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Re: Silver is selling out, stores rush to restock
Thread: You wanna know why they're pushing silver like crazy??
No bromo dude...
Strate8

User ID: 36868968
United States
01/31/2021 03:46 PM
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Re: Silver is selling out, stores rush to restock
Citadel is long SLV

BUYING SLV is bailing out Citadel from their GME short.

Wake the fuck up.

 Quoting: Strate8




Yes, the ONLY way to break the commercials is to buy physical, and demand delivery.

 Quoting: Anonymous Coward 79321299


No,

The way to break this shit is to finish what was started with GME.

Only after the short is killed should anyone look anywhere else.

If I was going to buy something and sit it in my closet to gather dust until SHTF, silver would not be my top choice.
trolls vs bots - we live in a scifi world
Anonymous Coward
User ID: 75277882
Canada
01/31/2021 03:46 PM
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Re: Silver is selling out, stores rush to restock
Where in Canada can you buy just a gold bar ? say 10oz

Not looking for coins just a bar ?

Royal Canada Mint just coins

silvergoldbull.ca (seems legit)
 Quoting: No Use 4 A Name


[link to www.bordergold.com (secure)]
Agent 99

User ID: 77082640
United States
01/31/2021 03:47 PM

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Re: Silver is selling out, stores rush to restock
I grabbed 30 0z morgan bars this morning...us bureau...

now out of stock...
 Quoting: Anonymous Coward 24423835


Sold out.

Now rando coins at 42. per oz is the only thing left. hahaah.

Classic.
Anonymous Coward
User ID: 79854840
United Kingdom
01/31/2021 03:48 PM
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Re: Silver is selling out, stores rush to restock
Even if you only bought one ounce pslv this is exciting for you....
Anonymous Coward
User ID: 78279564
United States
01/31/2021 03:48 PM
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Re: Silver is selling out, stores rush to restock
Citadel is long SLV

BUYING SLV is bailing out Citadel from their GME short.

Wake the fuck up.

 Quoting: Strate8




Yes, the ONLY way to break the commercials is to buy physical, and demand delivery.

 Quoting: Anonymous Coward 79321299


No,

The way to break this shit is to finish what was started with GME.

Only after the short is killed should anyone look anywhere else.

If I was going to buy something and sit it in my closet to gather dust until SHTF, silver would not be my top choice.
 Quoting: Strate8

dat be b o o l i t t s
Silverback

User ID: 79925070
United States
01/31/2021 03:48 PM
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Re: Silver is selling out, stores rush to restock
I don't like the taste or texture of silver. And I question its nutritional value. It's not what I would stockpile in preparation for the collapse of society. And you're just gonna end up trying to give me gold for some of my food but I'm afraid you will never have enough silver to buy even a single meal from me.
 Quoting: Anonymous Coward 77458002



until you need something that isn't food
 Quoting: Anonymous Coward 65942580


One ounce of silver in Venezuela will feed a family of 4 for four months
kelu

User ID: 33126471
United States
01/31/2021 03:49 PM
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Re: Silver is selling out, stores rush to restock
I don't like the taste or texture of silver. And I question its nutritional value. It's not what I would stockpile in preparation for the collapse of society. And you're just gonna end up trying to give me gold for some of my food but I'm afraid you will never have enough silver to buy even a single meal from me.
 Quoting: Anonymous Coward 77458002



until you need something that isn't food
 Quoting: Anonymous Coward 65942580


One ounce of silver in Venezuela will feed a family of 4 for four months
 Quoting: Silverback


Source? It seems extreme.
NIMST3R

User ID: 79436430
Netherlands
01/31/2021 03:50 PM
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Re: Silver is selling out, stores rush to restock
i tried to buy online here in Holland also but all is sold out.

Even those that say delivery in a few days cancel out once you want to order them.

Something big is happening...
—— There still is time if you RUN NOW!! —
Anonymous Coward
User ID: 75993659
Canada
01/31/2021 03:52 PM
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Re: Silver is selling out, stores rush to restock
I don't like the taste or texture of silver. And I question its nutritional value. It's not what I would stockpile in preparation for the collapse of society. And you're just gonna end up trying to give me gold for some of my food but I'm afraid you will never have enough silver to buy even a single meal from me.
 Quoting: Anonymous Coward 77458002



until you need something that isn't food
 Quoting: Anonymous Coward 65942580


One ounce of silver in Venezuela will feed a family of 4 for four months
 Quoting: Silverback


Source? It seems extreme.

 Quoting: kelu


It is extreme but thats what happens when financial systems/communism collapses.
Agent 99

User ID: 77082640
United States
01/31/2021 03:55 PM

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Re: Silver is selling out, stores rush to restock
i tried to buy online here in Holland also but all is sold out.

Even those that say delivery in a few days cancel out once you want to order them.

Something big is happening...
 Quoting: NIMST3R


Something really BIG.





GLP