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Joined: Jul 2009
Posts: 5,184
Campfire Tracker
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Campfire Tracker
Joined: Jul 2009
Posts: 5,184 |
"they use thousands of pounds of silver for high current applications like motor starters"
I used to install and repair motor starters (Variable Frequency Drives) for a big chip maker. There was a lot of big components and when a component became defective they usually blew up. I don't remember seeing any silver anywhere.
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Joined: May 2004
Posts: 56,185 Likes: 17
Campfire Kahuna
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Campfire Kahuna
Joined: May 2004
Posts: 56,185 Likes: 17 |
Most of my precious metal is dark blue.
I am..........disturbed.
Concerning the difference between man and the jackass: some observers hold that there isn't any. But this wrongs the jackass. -Twain
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Joined: Dec 2013
Posts: 44,585 Likes: 13
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,585 Likes: 13 |
Made a nickel or two today. Refreshing 😁 yellow brass & lead ?? asking fur a friend Patience, Grasshopper.
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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Joined: Dec 2019
Posts: 17,341 Likes: 24
Campfire Ranger
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Campfire Ranger
Joined: Dec 2019
Posts: 17,341 Likes: 24 |
Chartist!
What are the fundamentals?
A repeat of "Summer of love"?
Well then you might have a case...
-OMotS
"If memory serves fails me..."
Quote: ( unnamed) "been prtty deep in the cooler todaay "
Television and radio are most effective when people question little and think even less.
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Joined: Nov 2015
Posts: 1,786
Campfire Regular
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Campfire Regular
Joined: Nov 2015
Posts: 1,786 |
"Silver is the world's best electrical conductor."
I'm pretty sure gold is the best conductor. I used to work for a small group of electrical engineers in the early 60's that created and built components for NASA satellites. All the electrical contacts had to be gold plated and we did it in our small shop. When I put computer jacks in my house over 20 years ago the gold plated ones were on sale at a fairly reasonable price at Lowes. They were on sale because they were so expensive nobody was buying them. No, silver has higher conductivity vs gold. But, gold is more inert. So in applications where corrosion resistance is important, gold wins.
USMC 0351
We know the price of everything and the value of nothing.
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Joined: Jan 2003
Posts: 908 Likes: 2
Campfire Regular
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Campfire Regular
Joined: Jan 2003
Posts: 908 Likes: 2 |
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Joined: Dec 2013
Posts: 13,155 Likes: 9
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,155 Likes: 9 |
Metal markets are rising for some reason. My silver mining ETFs are up over 25% in a month. GDX is up 16% in the last month. Someone is buying.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: Sep 2021
Posts: 4,084 Likes: 6
Campfire Tracker
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Campfire Tracker
Joined: Sep 2021
Posts: 4,084 Likes: 6 |
Solana (SOL) is up 740% over the past 12 months. Sorta outperformed metals.
Si Vis Pacem, Para Bellum
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Joined: Oct 2012
Posts: 7,630 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2012
Posts: 7,630 Likes: 3 |
Solana (SOL) is up 740% over the past 12 months. Sorta outperformed metals. Gold and silver will be around long after Solana is a distant memory.
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Joined: Sep 2021
Posts: 4,084 Likes: 6
Campfire Tracker
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Campfire Tracker
Joined: Sep 2021
Posts: 4,084 Likes: 6 |
Solana (SOL) is up 740% over the past 12 months. Sorta outperformed metals. Gold and silver will be around long after Solana is a distant memory. Maybe, but I don't plan on living forever so I invest where I can get the best returns and protect my investment. Buying gold at $1400 and holding it for 4-5 years while inflation makes anything you want to do with your "windfall" almost a zero sum game isn't my idea of wealth creation.
Si Vis Pacem, Para Bellum
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Joined: Dec 2013
Posts: 13,155 Likes: 9
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,155 Likes: 9 |
Solana (SOL) is up 740% over the past 12 months. Sorta outperformed metals. Gold and silver will be around long after Solana is a distant memory. Maybe, but I don't plan on living forever so I invest where I can get the best returns and protect my investment. Buying gold at $1400 and holding it for 4-5 years while inflation makes anything you want to do with your "windfall" almost a zero sum game isn't my idea of wealth creation. There a lots of stocks up100s of a percent. Try to pick them out ahead of time. If you can see the future you can in short order be a billionaire. But alas, a lot of those go down 100%. Unless you are smarter than the average bear by a lot, you are swimming with sharks.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: Jun 2002
Posts: 131,884 Likes: 42
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 131,884 Likes: 42 |
There a lots of stocks up100s of a percent. Try to pick them out ahead of time. If you can see the future you can in short order be a billionaire. But alas, a lot of those go down 100%.
Unless you are smarter than the average bear by a lot, you are swimming with sharks. Well said.
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Joined: Dec 2013
Posts: 13,155 Likes: 9
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,155 Likes: 9 |
Solana has a pretty sorry history I just read the Wiki article that chronicles its up and downs including its near collapse in 2022. I don't have the nerve for that. It has had its problems when FTX collapsed and the government regulators are on their ass. In 2022 Solana wallets were hacked and millions were stolen. There is or was a class action lawsuit against Anatoly Yakovenko (Solana's founder) over some sort of misfeasance.
I've made about $10,000 trading RIOT on its ups and downs over a period of 4 years but blockchain investing is not something to bet the farm on.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: Oct 2012
Posts: 7,630 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2012
Posts: 7,630 Likes: 3 |
Wonder if I just started printing my own version of money if folks would buy and sell it and make millions? These crypo guys are as slick as .gov
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Joined: Nov 2015
Posts: 1,786
Campfire Regular
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Campfire Regular
Joined: Nov 2015
Posts: 1,786 |
Wonder if I just started printing my own version of money if folks would buy and sell it and make millions? These crypo guys are as slick as .gov If it walks like a duck and quacks like a duck...
USMC 0351
We know the price of everything and the value of nothing.
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Joined: May 2011
Posts: 1,556
Campfire Regular
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Campfire Regular
Joined: May 2011
Posts: 1,556 |
With the current inflationary pressure, GLD should be at 7k, SLV at 50., but it's not. BTC has had the big run up... I have actual physical silver and gold stored, but slowly moving from that into BTC. BTC is the only vehicle that has reacted to inflation, therefore it has my attention. YMMV Thanks for the OSOL recco, looks like a good short here. 
Cowardice is the greatest pandemic that has ever affected mankind.
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Joined: Oct 2012
Posts: 7,630 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2012
Posts: 7,630 Likes: 3 |
I have actual physical silver and gold stored, but slowly moving from that into BTC. BTC is the only vehicle that has reacted to inflation, therefore it has my attention. I'll give you 2K for gold and 20 for silver, all you wanna sell and you can put it into BTC 😁
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Joined: Jan 2012
Posts: 67,358 Likes: 52
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,358 Likes: 52 |
How much is redneck precious metal up to?? Copper/alum air conditioner evap coil?
What about extrude #2 screen door aluminum breakage?
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Joined: Dec 2013
Posts: 13,155 Likes: 9
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,155 Likes: 9 |
The problem with crypto is that it can be outlawed and your access can be blocked. It isn't real. I trade in it a little but it isn't real and can be done away with by the government and it will be.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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Joined: Dec 2013
Posts: 13,155 Likes: 9
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,155 Likes: 9 |
Solana (SOL) is up 740% over the past 12 months. Sorta outperformed metals. Gold and silver will be around long after Solana is a distant memory. Maybe, but I don't plan on living forever so I invest where I can get the best returns and protect my investment. Buying gold at $1400 and holding it for 4-5 years while inflation makes anything you want to do with your "windfall" almost a zero sum game isn't my idea of wealth creation. Solana (SOL) is down 23.3% in the last 7 days. What's up with that. RIOT BLOCKCHAIN is down 50% for the year to date. Might be a good thing to jump into if you have the nerve. PHYS a physical gold fund is struggling along with only a 16% year to date gain.
Patriotism (and religion) is the last refuge of a scoundrel.
Jesus: "Take heed that no man deceive you."
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