Hope you all are enjoying this run up.

Chart look says much higher by mid-summer.

Kinda nice seeing them wake up finally.

Made a nickel or two today. Refreshing 😁

yellow brass & lead ??

asking fur a friend

Yep.

I got a schit pot of brass to sell hoping it’s up😃

scrap

$1.90/lb

With the right combination of brass and lead, getting plenty of gold and silver has never been much of a problem. Keeping it- - - - -just stock up on more brass and lead!

The implication is that you'd commit murder for gold and silver? You realize that lots of people who stack are also into guns, right?

Gold/Silver vs Crypto . . . . . . . . . . . .been saying it here for years. Ya'll keep buying into that BTC, I'll keep stacking.

😟

I bought quite a bit of gold the last few years and some more silver. I was wishing I would have stayed I'm the markets but at least my golds up about 20%.

I was hoping it would have stayed cheaper so I could buy more.

Bb

It's still cheap vs $3,000.00.

Gold is at an all time high and silver is only about 50%. So for those in the know, what's holding silver back?

Don't worry, things have a way of equalizing. Silver is a good buy and investors are realizing that. My silver mining stocks went up almost 3% today. Today was a terrible day for the market but since my IRA has a good portion of oil, commodities, natural resources, and metal mining stock I managed to pull out a slight gain on the day. The S and P 500, and the Russell 2000 funds dragged me down quite a bit.

The dollar is dying. No telling what the bankers will do to keep the proletariat from holding and trading precious metals.

History lesson my friend, silver always lags.

Banks throughout the word are buying up gold like it's going out of style. They are not buying up silver. However, once gold gets high enough, folks who feel they've missed the boat will start buying silver, and its gains will be higher (as a percentage) than gold's.

^^^^ he's right, watch and see

The big investors prefer gold because it's easier to ship and store. I think some big players are taking delivery of the actual metal instead of just playing with paper.

I started with silver but it got too bulky and difficult to store. I know a guy who took a 1000 ounce comes silver bar and spray painted it and uses it as a door stop in his basement. He just tells people it's lead. I told him I was going to take it and make bullets because I recognized the shape and knew what it really was so I was giving him a hard time. He said I'm the only one to ever know what it really was.

I used to sometimes take 2000 ounces of silver to a gunshow. It was a lot to carry and took more than 1 trip. At 14.58 Troy ounces to a pound the weight adds up quick. Yet $25000 worth of 1/10th ounce gold eagles looks like 2 rolls of dimes.

Bb

Watching silver right now. $26.94 spot price. Too early to know if it's a flash in the pan, but if the analysts like Andy Schectman and Bix Weir are correct, this could be the start of the breakout. Gold is nudging $2300.00/oz too. I think stock investors are getting nervous and are shifting to tangibles.

King Obama issued an executive order to close the last lead mine in the USA. The only lead we have now comes from recycling lead acid batteries.

Pushing $2,300.00 and silver just topped $27.00.

We'll have to make do with copper..............

My silver mining ETFs are up over 3.5% already today, GDX (gold miners ETF) 1.36%. Silver is catching up. At least in the mining sector. For some reason PPLT (platinum) has been lagging for a while at less than 1/2 the price of gold.

I should have dumped my Palladium when it was $3,000.00 and oz back in March of 2022.

The reason silver does not have the growth as does Gold, is there is not a lot of commercial use.

Tell that to the manufacturers of virtually every electrical relay in the world- - - - -they use thousands of pounds of silver for high current applications like motor starters and other low resistance curcuit components. Silver is the world's best electrical conductor.

You must be joking.

And the most light reflective metal.

I thought that was the case when I read his response. Also does not platinum have commercial use in catalytic converters?

Yep, it's limited to use in cellphones, TV's, solar panels, weapons guidance systems, electric motors, components that require highly reflective surfaces, EV's and just about every electronic device that you can imagine. Most of that silver isn't recycled due to the cost of recycling versus the current value of silver.

Sooooooooo, I guess your statement is incorrect.

Just saying.

Catalytic converters use Platinum and Palladium- - - - -that's why crackheads with sawzalls like them so well.

I cashed in an ounce of gold a few months ago at $2030. I figured it would cycle back down to the 1800s range as it's done the last few years. I wish I would have held onto it but at least I was able to buy a bunch more bullets while a local shop was selling them at half off. Traded gold for copper and lead.

I'm also wishing I would have bought more 1 ounce gold coins. I focused on smaller fractional stuff because I was buying it as insurance against a currency collapse. I paid higher premiums to get smaller pieces but the shops do t want to give higher premiums when buying it back. If I sell some of my smaller stuff I'll have to sell it to individuals to get any of my premium back.

Shops that were charging me a 16-18% premium on 1/10th ounce eagles and 6% premium on 1 ounce eagles now are buying both at about spot. They want to give me $230 for a 1/10th but they are selling them at over $270. They're hedging against a sudden drop.

I usually keep $50k in an emergency fund in an online savings but it's dropped below that lately thanks to lots of vacations, bidens inflation, and too many good deals on guns. The wife was getting after me for buying gold the last few years instead of getting the emergency fund back up but I'm feeling better about my gold purchases right now. One 100 gram combibar I bought for $5600 about 2 years ago is now selling for around $8000.

Bb

Gold topped 2300.00, currently 2306.00

Silver at 27.18

All you slackers better run out and get youself some.

Yep, that'll just make our sheit go up some more. 😁

China is supposed to be paying more than spot for “physical” gold. The information that I have been hearing is that silver and gold etf’s are over leveraged to the tune of about 95%. China’s pressure on the physical gold market has had a definite effect on the price structure of the London spot price for gold. Silver has not kept pace because it is a lot more spacious than gold. Shipping gold from Europe to the orient is a lot simpler. When the buyers in the Far East are finished buying physical it stands to reason that the vaults will be emptied in one part of the world and filled in the other. The good news is that the buyers of paper gold assets will still be able to hold on to their paper, no one is coming to take that from them. Happy times ahead👍.

Ps, do some research on this information and also brics currency. Let us know what interesting facts you turn up.

My humble opinion, FWIW. No way in hell will I hold gold or silver certificates. They are worth the paper they are written on.

Hope so, I have a chit load of junk silver.

"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.

"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.

Most of my precious metal is dark blue.

Patience, Grasshopper.

Chartist!

What are the fundamentals?

A repeat of "Summer of love"?

Well then you might have a case...

No, silver has higher conductivity vs gold.

But, gold is more inert. So in applications where corrosion resistance is important, gold wins.

https://www.moneymetals.com/news/2023/11/30/why-was-the-us-silver-stockpile-raided-by-dod-002877

For those that have an interest.

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.

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.

Well said.

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.

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...

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.

I'll give you 2K for gold and 20 for silver, all you wanna sell and you can put it into BTC 😁

How much is redneck precious metal up to?? Copper/alum air conditioner evap coil?

What about extrude #2 screen door aluminum breakage?

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.

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.

My largest purchase of SOL was last September at $12.50 so I'm not really sweating the current $135.20. SOL has been up to $200 in March and is expected to hit $300 before the end of the year.

I have a long term investment view on whatever I buy. Yes, I do hold physical gold, but I purchased all of my gold in the late 1990's and early 2000 when it was $280 to $350. Hope it hits $3,000 and I might be tempted to dump it.

If you are into short term gains, crypto is highly volatile and folks can make impressive gains on hourly, daily, weekly trading. The 24 hour price on SOL has been as high as $152.25 and as low as $129.99. If you are holding 10,000 coins then that's a $222,600 swing.