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10 yrs worth silver taken just last year

 
Anonymous Coward
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02/25/2021 05:16 PM
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10 yrs worth silver taken just last year
Andy Sheckman just said that on Jean C's show. He also said that 10% of the years supply of silver will physically be taken off comex tonight. Actual numbers will be available in the next day or two.

He deals in many millions worth of pm's. He can't source 1Kilo bars anywhere, and he said they have ALWAYS been as common as rain.

He has NEVER seen anything like this in 31 years.

He and Bill Holter are both saying that if only .025% of the US investing public decide they want 1.5 oz of physical gold, the market will blow up,

and now the big rich people are asking for the big amounts they can't source now.

The Fed had a systemic failure yesterday. Today many hedge funds had/having a systemic failure.

System is cracking now, hope most of you can see that. It wouldn't hurt to have physical cash on hand, right now.

The software systems are glitching right now, the PM market is going crazy and may appear to have slowed down, but the demand for tens of thousands of oz's at the high end haven't stopped, they just can't source it.
Anonymous Coward
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02/25/2021 05:28 PM
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Re: 10 yrs worth silver taken just last year
Buy Physical - BUST JPM!

Milesfranklin.com
Anonymous Coward
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02/25/2021 05:35 PM
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Re: 10 yrs worth silver taken just last year
BUY SILVER AND/OR GOLD!!!!!!!!!!

NOW!!!!!!!!!!!

You people complain ALL the time about the elite scumbags. SO HERES YOUR F*CKEN CHANCE TO F*CK THEM!!!!!!!

Get your asses in gear and buy. DO IT NOW FFS!!!!

NOW!!!!!!!!
Anonymous Coward
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02/25/2021 05:38 PM
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Re: 10 yrs worth silver taken just last year
Indeed
Anonymous Coward
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02/25/2021 05:50 PM
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Re: 10 yrs worth silver taken just last year
Got 10 oz silver on the way & next payday will order another 10 & 10 more shares of PSLV.



[link to www.coin-rare.com (secure)]

Year of the METAL OX.

Your about to find out how fuck8ng accurate that is.

Ill be stacking through May. After that, probably get priced out.


You have your chance NOW. Rather play idiot games like the GME minkeys, no ones gonna care about your crying once the ship has sailed.
Anonymous Coward
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02/25/2021 05:52 PM
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Re: 10 yrs worth silver taken just last year
Buy Physical - BUST JPM!

Milesfranklin.com
 Quoting: Anonymous Coward 76511140


Why should people buy 1,000,000,000 ounces Silver to Shut down JP Morgan scam ? Federal police must takeover the bank buildings
Anonymous Coward
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02/25/2021 06:14 PM
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Re: 10 yrs worth silver taken just last year
1 billion ounces Silver traded in London on February 01, 2021
Anonymous Coward
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02/25/2021 06:22 PM
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Re: 10 yrs worth silver taken just last year
Buy Physical - BUST JPM!

Milesfranklin.com
 Quoting: Anonymous Coward 76511140


Why should people buy 1,000,000,000 ounces Silver to Shut down JP Morgan scam ? Federal police must takeover the bank buildings
 Quoting: Anonymous Coward 78983986


1 billion ounces Silver traded in London on February 01, 2021
 Quoting: Anonymous Coward 78983986


Vishal Rawat loves muslim penis jammed up his fat sweaty Indian ass!

[imgur] [link to i.imgur.com (secure)]
Anonymous Coward
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02/25/2021 06:29 PM
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Re: 10 yrs worth silver taken just last year
BUY SILVER AND/OR GOLD!!!!!!!!!!

NOW!!!!!!!!!!!

You people complain ALL the time about the elite scumbags. SO HERES YOUR F*CKEN CHANCE TO F*CK THEM!!!!!!!

Get your asses in gear and buy. DO IT NOW FFS!!!!

NOW!!!!!!!!
 Quoting: Anonymous Coward 12500110


In my opinion, buying physical silver is one of the most creative ways I've seen to...lets's call it "do something".
Anonymous Coward
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02/25/2021 06:33 PM
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Re: 10 yrs worth silver taken just last year
Vishal Rawat loves muslim penis jammed up his fat sweaty Indian ass!
 Quoting: Anonymous Coward 78871335


Madarchod you will get killed. I am coming.....
 Quoting: Anonymous Coward 79746724


No you're not, you can't afford a pedicab downtown Mumbai and never will. butt Keep wasting your little rupees on that stupid pink website though
Anonymous Coward
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02/25/2021 06:37 PM
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Re: 10 yrs worth silver taken just last year
banana2
Anonymous Coward
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02/25/2021 06:39 PM
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Re: 10 yrs worth silver taken just last year
BUY SILVER AND/OR GOLD!!!!!!!!!!

NOW!!!!!!!!!!!

You people complain ALL the time about the elite scumbags. SO HERES YOUR F*CKEN CHANCE TO F*CK THEM!!!!!!!

Get your asses in gear and buy. DO IT NOW FFS!!!!

NOW!!!!!!!!
 Quoting: Anonymous Coward 12500110


In my opinion, buying physical silver is one of the most creative ways I've seen to...lets's call it "do something".
 Quoting: Anonymous Coward 65942580


The latest is to put in a sell order for $1,000 for your shares of SLV or PSLV so those shares can't be lent out.

Bust the sorts!
GLP Effect

User ID: 79214079
United States
02/25/2021 06:42 PM

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Re: 10 yrs worth silver taken just last year
BUY SILVER AND/OR GOLD!!!!!!!!!!

NOW!!!!!!!!!!!

You people complain ALL the time about the elite scumbags. SO HERES YOUR F*CKEN CHANCE TO F*CK THEM!!!!!!!

Get your asses in gear and buy. DO IT NOW FFS!!!!

NOW!!!!!!!!
 Quoting: Anonymous Coward 12500110



Pray this prayer to blind Satan:
[link to flameoflove.us (secure)]
Azaziah

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02/25/2021 06:51 PM

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Re: 10 yrs worth silver taken just last year
BUY SILVER AND/OR GOLD!!!!!!!!!!

NOW!!!!!!!!!!!

You people complain ALL the time about the elite scumbags. SO HERES YOUR F*CKEN CHANCE TO F*CK THEM!!!!!!!

Get your asses in gear and buy. DO IT NOW FFS!!!!

NOW!!!!!!!!
 Quoting: Anonymous Coward 12500110


In my opinion, buying physical silver is one of the most creative ways I've seen to...lets's call it "do something".
 Quoting: Anonymous Coward 65942580


I agree. It is simple, easy, and for the moment, still legal. Silver has been called the common man's gold, and in some ways it is.

BUT. It is also:

1. Essential for electronics manufacturing.

2. Often destroyed instead of recycled (in many cases).

3. Is being used at a rate higher than the rate at which it is being mined.

4. Is priced via a corrupt, manipulated system.



...yes, if the common man is to 'do something', then buying and holding PM's, especially silver, is a good thing for him to do.

Right now physical is getting expensive and harder to obtain. Just wait until the holders realize that if they refuse to sell, the price will simply keep climbing.

Hoo boy.
Anonymous Coward
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02/25/2021 07:12 PM
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Re: 10 yrs worth silver taken just last year
Well, the US National Debt Clock shows the Dollar to Silver Ratio at $4,882 Per Ounce.

[link to usdebtclock.org (secure)]

According to some, this is the true price of what Silver should be... so I guess what the metal would command if shit went down so to speak? What are thoughts on this?
Parrot in Flip Flops

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02/25/2021 07:16 PM

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Re: 10 yrs worth silver taken just last year
BUY SILVER AND/OR GOLD!!!!!!!!!!

NOW!!!!!!!!!!!

You people complain ALL the time about the elite scumbags. SO HERES YOUR F*CKEN CHANCE TO F*CK THEM!!!!!!!

Get your asses in gear and buy. DO IT NOW FFS!!!!

NOW!!!!!!!!
 Quoting: Anonymous Coward 12500110


5a
Those who refuse to Self Govern will always be Governed by Others!

There are far, far better things ahead, than any we leave behind.....C.S. Lewis
Dimi1

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02/25/2021 07:21 PM
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Re: 10 yrs worth silver taken just last year
..I talked to my "guy" who got me into buying silver 20 years ago...I asked him if he had been down to the coin shop to buy some recently...he said none is available and the the shop owner had "gone long" meaning he spent several hundreds of thousands recently on silver coming in..so the dealer sees the writing on the wall
Fhirinne

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02/25/2021 07:22 PM
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Re: 10 yrs worth silver taken just last year
1 billion ounces Silver traded in London on February 01, 2021
 Quoting: Anonymous Coward 78983986


Paper silver is not physical.
You are the CEO of your own wellness. You need to take back your health from the disease-care system
Anonymous Coward
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02/25/2021 07:33 PM
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Re: 10 yrs worth silver taken just last year
Well, the US National Debt Clock shows the Dollar to Silver Ratio at $4,882 Per Ounce.

[link to usdebtclock.org (secure)]

According to some, this is the true price of what Silver should be... so I guess what the metal would command if shit went down so to speak? What are thoughts on this?
 Quoting: Anonymous Coward 80034002


i think the silver:gold ratio is wishful thinking at best and bullshit at worst

gold is rarer, harder to find and mine and more in demand and always will be

silver is meh, some uses as an industrial metal in electricals that's about it. the fact it is an industrial metal will produce pressure to keep its price low or at least stable

having said that silver does work as poor mans gold. it will always be worth something. and is usable as barter in small trades. you can't say that for your green paper or your 1's and 0's on the ATM glass
Anonymous Coward
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02/25/2021 07:35 PM
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Re: 10 yrs worth silver taken just last year
Got 10 oz silver on the way & next payday will order another 10 & 10 more shares of PSLV.



[link to www.coin-rare.com (secure)]

Year of the METAL OX.

Your about to find out how fuck8ng accurate that is.

Ill be stacking through May. After that, probably get priced out.


You have your chance NOW. Rather play idiot games like the GME minkeys, no ones gonna care about your crying once the ship has sailed.
 Quoting: Anonymous Coward 77994864


Why are you wasting money on PSLV. They don't have to deliver you physical silver.

lol
Anonymous Coward
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United States
02/25/2021 07:36 PM
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Re: 10 yrs worth silver taken just last year
Well, the US National Debt Clock shows the Dollar to Silver Ratio at $4,882 Per Ounce.

[link to usdebtclock.org (secure)]

According to some, this is the true price of what Silver should be... so I guess what the metal would command if shit went down so to speak? What are thoughts on this?
 Quoting: Anonymous Coward 80034002


i think the silver:gold ratio is wishful thinking at best and bullshit at worst

gold is rarer, harder to find and mine and more in demand and always will be

silver is meh, some uses as an industrial metal in electricals that's about it. the fact it is an industrial metal will produce pressure to keep its price low or at least stable

having said that silver does work as poor mans gold. it will always be worth something. and is usable as barter in small trades. you can't say that for your green paper or your 1's and 0's on the ATM glass
 Quoting: Anonymous Coward 80084077


This post reveals how clueless you are. Go talk to someone who actually understands precious metals and try again.
Anonymous Coward
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02/25/2021 07:37 PM
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Re: 10 yrs worth silver taken just last year
1 billion ounces Silver traded in London on February 01, 2021
 Quoting: Anonymous Coward 78983986


Paper silver is not physical.
 Quoting: Fhirinne


Have these tards paid any attention? Doesn't seem like it based on posts in this thread.
Anonymous Coward
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United States
02/25/2021 07:41 PM
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Re: 10 yrs worth silver taken just last year
..I talked to my "guy" who got me into buying silver 20 years ago...I asked him if he had been down to the coin shop to buy some recently...he said none is available and the the shop owner had "gone long" meaning he spent several hundreds of thousands recently on silver coming in..so the dealer sees the writing on the wall
 Quoting: Dimi1


Just bought another kilo of silver shot. Under $1000 from JM Bullion. Only $2.50 above spot price per ounce instead of $5 over / ounce. Buddy of mine just bought 500 ounces and is pissed he had to pay $5 per ounce. He used to pay $0.50 / ounce and has watched that number increase multiple times.

A lot of intelligent people see the writing on the wall. When average Joe consumer decides he wants a little silver it will be too late and that will drive the price up even further.
Anonymous Coward
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02/25/2021 07:56 PM
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Re: 10 yrs worth silver taken just last year
Well, the US National Debt Clock shows the Dollar to Silver Ratio at $4,882 Per Ounce.

[link to usdebtclock.org (secure)]

According to some, this is the true price of what Silver should be... so I guess what the metal would command if shit went down so to speak? What are thoughts on this?
 Quoting: Anonymous Coward 80034002


I've seen that and I kind of wonder how they arrived at that number. I do another back of the envelope calculation. The Austrian School of Economics says that when they print money and expand the monetary base, prices rise (inflation) as more money is chasing the same amount (or slightly more) amount of goods and services.

In 1933 FDR took the US off the gold standard nationally, but a gold eagle was still $20 on the face and a silver eagle was $1 on the face, we can use that. Also, in 1933 our national debt was around $22 billion. If you assume an average rate of increase in the monetary base (inflation) of 8.5% you can calculate what our debt should be today:

$22 Billion(1+0.085)^(2021-1933) = $28.8 Trillion, about what the debt is today. So, an ounce of silver stated as $1 in 1933 should be worth:

$1(1+0.085)^(2021-1933) = $1,311 per ounce.

Gold should be $20(1+0.085)^88 = $26,232 per ounce

That works out to be a gold to silver ratio of about 20:1

We might see those prices, but as they continue to create more debt and inflate everything the real prices will rise. But remember, 1 thing that keeps the prices in check other than naked shorting in the future's market is the current price to pull gold or silver out of the ground. Both have costs close to their spot prices.

That means prices won't fall much below their current value and if prices rise into crazy numbers like above, then you can bet energy (oil) will rise as much keeping the cost of mining about the same in relation to number of ounces.
zzbudzz

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02/25/2021 08:00 PM
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Re: 10 yrs worth silver taken just last year
Andy Sheckman just said that on Jean C's show. He also said that 10% of the years supply of silver will physically be taken off comex tonight. Actual numbers will be available in the next day or two.

He deals in many millions worth of pm's. He can't source 1Kilo bars anywhere, and he said they have ALWAYS been as common as rain.

He has NEVER seen anything like this in 31 years.

He and Bill Holter are both saying that if only .025% of the US investing public decide they want 1.5 oz of physical gold, the market will blow up,

and now the big rich people are asking for the big amounts they can't source now.

The Fed had a systemic failure yesterday. Today many hedge funds had/having a systemic failure.

System is cracking now, hope most of you can see that. It wouldn't hurt to have physical cash on hand, right now.

The software systems are glitching right now, the PM market is going crazy and may appear to have slowed down, but the demand for tens of thousands of oz's at the high end haven't stopped, they just can't source it.
 Quoting: Anonymous Coward 79321299


This is what happens when idiots in D.C are passing trillion dollar spending bills every few weeks...the music is getting ready to stop and there aren't many chairs to grab. Lock us down for a bullshit virus so nobody can leave , implode the eCONomy then the fun starts.
Banned often
Anonymous Coward
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02/25/2021 08:08 PM
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Re: 10 yrs worth silver taken just last year
Well, the US National Debt Clock shows the Dollar to Silver Ratio at $4,882 Per Ounce.

[link to usdebtclock.org (secure)]

According to some, this is the true price of what Silver should be... so I guess what the metal would command if shit went down so to speak? What are thoughts on this?
 Quoting: Anonymous Coward 80034002


I've seen that and I kind of wonder how they arrived at that number. I do another back of the envelope calculation. The Austrian School of Economics says that when they print money and expand the monetary base, prices rise (inflation) as more money is chasing the same amount (or slightly more) amount of goods and services.

In 1933 FDR took the US off the gold standard nationally, but a gold eagle was still $20 on the face and a silver eagle was $1 on the face, we can use that. Also, in 1933 our national debt was around $22 billion. If you assume an average rate of increase in the monetary base (inflation) of 8.5% you can calculate what our debt should be today:

$22 Billion(1+0.085)^(2021-1933) = $28.8 Trillion, about what the debt is today. So, an ounce of silver stated as $1 in 1933 should be worth:

$1(1+0.085)^(2021-1933) = $1,311 per ounce.

Gold should be $20(1+0.085)^88 = $26,232 per ounce

That works out to be a gold to silver ratio of about 20:1

We might see those prices, but as they continue to create more debt and inflate everything the real prices will rise. But remember, 1 thing that keeps the prices in check other than naked shorting in the future's market is the current price to pull gold or silver out of the ground. Both have costs close to their spot prices.

That means prices won't fall much below their current value and if prices rise into crazy numbers like above, then you can bet energy (oil) will rise as much keeping the cost of mining about the same in relation to number of ounces.
 Quoting: Anonymous Coward 76760905


Very interesting. Thank you for your input.
Anonymous Coward
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02/25/2021 08:09 PM
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Re: 10 yrs worth silver taken just last year
BUY SILVER AND/OR GOLD!!!!!!!!!!

NOW!!!!!!!!!!!

You people complain ALL the time about the elite scumbags. SO HERES YOUR F*CKEN CHANCE TO F*CK THEM!!!!!!!

Get your asses in gear and buy. DO IT NOW FFS!!!!

NOW!!!!!!!!
 Quoting: Anonymous Coward 12500110


In my opinion, buying physical silver is one of the most creative ways I've seen to...lets's call it "do something".
 Quoting: Anonymous Coward 65942580


The latest is to put in a sell order for $1,000 for your shares of SLV or PSLV so those shares can't be lent out.

Bust the sorts!
 Quoting: Anonymous Coward 80088135



[link to www.youtube.com (secure)]
Anonymous Coward
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02/25/2021 08:10 PM
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Re: 10 yrs worth silver taken just last year
Well, the US National Debt Clock shows the Dollar to Silver Ratio at $4,882 Per Ounce.

[link to usdebtclock.org (secure)]

According to some, this is the true price of what Silver should be... so I guess what the metal would command if shit went down so to speak? What are thoughts on this?
 Quoting: Anonymous Coward 80034002


I've seen that and I kind of wonder how they arrived at that number. I do another back of the envelope calculation. The Austrian School of Economics says that when they print money and expand the monetary base, prices rise (inflation) as more money is chasing the same amount (or slightly more) amount of goods and services.

In 1933 FDR took the US off the gold standard nationally, but a gold eagle was still $20 on the face and a silver eagle was $1 on the face, we can use that. Also, in 1933 our national debt was around $22 billion. If you assume an average rate of increase in the monetary base (inflation) of 8.5% you can calculate what our debt should be today:

$22 Billion(1+0.085)^(2021-1933) = $28.8 Trillion, about what the debt is today. So, an ounce of silver stated as $1 in 1933 should be worth:

$1(1+0.085)^(2021-1933) = $1,311 per ounce.

Gold should be $20(1+0.085)^88 = $26,232 per ounce

That works out to be a gold to silver ratio of about 20:1

We might see those prices, but as they continue to create more debt and inflate everything the real prices will rise. But remember, 1 thing that keeps the prices in check other than naked shorting in the future's market is the current price to pull gold or silver out of the ground. Both have costs close to their spot prices.

That means prices won't fall much below their current value and if prices rise into crazy numbers like above, then you can bet energy (oil) will rise as much keeping the cost of mining about the same in relation to number of ounces.
 Quoting: Anonymous Coward 76760905


hf
_Trey_

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02/25/2021 08:14 PM

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Re: 10 yrs worth silver taken just last year
Well, the US National Debt Clock shows the Dollar to Silver Ratio at $4,882 Per Ounce.

[link to usdebtclock.org (secure)]

According to some, this is the true price of what Silver should be... so I guess what the metal would command if shit went down so to speak? What are thoughts on this?
 Quoting: Anonymous Coward 80034002


I've seen that and I kind of wonder how they arrived at that number. I do another back of the envelope calculation. The Austrian School of Economics says that when they print money and expand the monetary base, prices rise (inflation) as more money is chasing the same amount (or slightly more) amount of goods and services.

In 1933 FDR took the US off the gold standard nationally, but a gold eagle was still $20 on the face and a silver eagle was $1 on the face, we can use that. Also, in 1933 our national debt was around $22 billion. If you assume an average rate of increase in the monetary base (inflation) of 8.5% you can calculate what our debt should be today:

$22 Billion(1+0.085)^(2021-1933) = $28.8 Trillion, about what the debt is today. So, an ounce of silver stated as $1 in 1933 should be worth:

$1(1+0.085)^(2021-1933) = $1,311 per ounce.

Gold should be $20(1+0.085)^88 = $26,232 per ounce

That works out to be a gold to silver ratio of about 20:1

We might see those prices, but as they continue to create more debt and inflate everything the real prices will rise. But remember, 1 thing that keeps the prices in check other than naked shorting in the future's market is the current price to pull gold or silver out of the ground. Both have costs close to their spot prices.

That means prices won't fall much below their current value and if prices rise into crazy numbers like above, then you can bet energy (oil) will rise as much keeping the cost of mining about the same in relation to number of ounces.

 Quoting: Anonymous Coward 76760905


Thanks. Good info...
Anonymous Coward
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02/25/2021 08:17 PM
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Re: 10 yrs worth silver taken just last year
Been in silver for decades

Here is one place i know of as a real live market for physical metals

Its in Vancouver so cad pricing

they have kilos and 1000 bars in silver available to the public

about $3-$4 dollars an oz cad above spot

[link to www.vbce.ca (secure)]

In gold they have 10 oz and kilo bars available

Only thing that is not much available is canadian mint products and us mint products
Anonymous Coward
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02/25/2021 09:00 PM
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Re: 10 yrs worth silver taken just last year
What am I seeing, a 25% premium on an ounce of silver??

Insanity.

Eagles were like 6% a year ago.

Everything relating to shtf is sky high, from land to ammo to metals.

Doom is on.





GLP