-
Be sure to read this post! Beware of scammers. https://www.indianagunowners.com/threads/classifieds-new-online-payment-guidelines-rules-paypal-venmo-zelle-etc.511734/
Is Silver next?
- Thread starter Magyars
- Start date
The #1 community for Gun Owners in Indiana
Member Benefits:
Fewer Ads! Discuss all aspects of firearm ownership Discuss anti-gun legislation Buy, sell, and trade in the classified section Chat with Local gun shops, ranges, trainers & other businesses Discover free outdoor shooting areas View up to date on firearm-related events Share photos & video with other members ...and so much more!
Member Benefits:
Whenever I travel internationally I carry what I call my "problem solving kit". Among the small multi-tool, first aid kit, etc., is $1,000 in hundreds and a couple 1oz Krugerands.
Well, I checked spot and it was like $20.97. So I too got a couple of those Turkish Delights (Nadir bars).
spencer rifle
Grandmaster
More precedent of reducing formerly useful or beautiful items down to pieces used in trade or as impromptu currency. There may again come a time when these items will be valued for their PM content instead of their practical usefulness.
https://en.wikipedia.org/wiki/Hacksilver
Except for silver tableware. That is self-sterilizing due to the oligodynamic effect, so especially useful as-is in a survival situation.
https://en.wikipedia.org/wiki/Hacksilver
Except for silver tableware. That is self-sterilizing due to the oligodynamic effect, so especially useful as-is in a survival situation.
I'm glad to have Monumental as an additional place to look. (thanks @spencer rifle !) I hadn't heard of them and I like that they also have free shipping over $199 and no sales tax like Provident.
When the settlers crossed westward they always tossed a silver dollar into the water barrel. Silvadine cream for burn victims is widely Used today, a true miracle drug if there ever was one.
Interesting. I had never heard the term but have seen its effects. I got into stacking around 2010 when silver was, coincidentally, in the low to mid $20s. soon after it began its runup into the $40s.
During that period my folks, antique hobbyist dealers, started seeing folks come into the antique mall where they had a booth looking for silver. It had run up enough that the melt value of some items exceeded the intrinsic collectable value. My folks had a heavy sterling tray priced under $1,000. I pointed out to them the melt value was close to double that. A lot of common old silver got scraped then. Of course the reverse happens. Ever hear of coin silver flatware? Of course the reverse happens. Ever hear of coin silver flatware?
I keep a gallon plastic jar around in which I throw scrap. Not a lot, but once in a while you'll find sterling jewelry or tableware at garage sales and auctions, etc.
During that period my folks, antique hobbyist dealers, started seeing folks come into the antique mall where they had a booth looking for silver. It had run up enough that the melt value of some items exceeded the intrinsic collectable value. My folks had a heavy sterling tray priced under $1,000. I pointed out to them the melt value was close to double that. A lot of common old silver got scraped then. Of course the reverse happens. Ever hear of coin silver flatware? Of course the reverse happens. Ever hear of coin silver flatware?
I keep a gallon plastic jar around in which I throw scrap. Not a lot, but once in a while you'll find sterling jewelry or tableware at garage sales and auctions, etc.
Just ordered one of these for $610.72.
monumentmetals.com
Buy the 10 Gram Argor-Heraeus Gold Bar (In Assay) Online | Monument Metals
Buy the 10 Gram Argor-Heraeus Gold Bar (In Assay) online from Monument Metals, a leading dealer in PAMP gold bullion and bars. In stock with free shipping on all orders of $199 or more!
Just ordered one of these for $610.72.
Buy the 10 Gram Argor-Heraeus Gold Bar (In Assay) Online | Monument Metals
Buy the 10 Gram Argor-Heraeus Gold Bar (In Assay) online from Monument Metals, a leading dealer in PAMP gold bullion and bars. In stock with free shipping on all orders of $199 or more!
Nice looking bar, and at ~1833 per Troy not a bad premium either. I do like the added insurance.
I think I timed it right. Gold took a pretty good dip early this morning and then shortly after I ordered it jumped quite a bit. It's settled back lower now, but not as low as the morning dip.
Folks, with the paper market falling like a rock the CFTC has to manipulate the metals market lower so the big money (fed res.) can put there fiat in pm’s for safe keeping till the paper markets can return to normal, a good opportunity for them is a good opportunity for us. Get it while you can, and don’t forget copper. Just look at a 30 yr. chart, and it will only keep climbing, if you can’t get 100 oz. .999 look for Wheaties. Wheat Pennies they sell them by the bag. (Lb’s). Keep stacking, and for gosh sakes, go water the garden.
edit to correct acronym
edit to correct acronym
Last edited:
Just picked up another Nadir 10 oz. silver bar for 225.30 this morning. Spot was below 20. I think I jumped a little early but still better than the last one I bought by almost 9 bucks.
Wow, on second thought, I did time it right. Just now, Monument took the Nadir "off sale". When I ordered, it was the same price no matter the quantity, now 1-9 is 228.30.
KittySlayer
Grandmaster
Your welcome. I just bought a small stack of silver earlier this week so of course the price went down.
I bought earlier in the week too. We're both doing our part.
I ordered several at $235 earlier this week and don't feel too bad. With gold down as well, 1oz sovereign coins can be had close to $1,880, I am very tempted to order. Snorko wants a Krugerand.
Any indications as to whether this is a short term dip or a trend?
I'm leaning toward it being a trend until something changes with the sentiment of the dollar.
Site Supporter
Latest posts
-
-
-
-
NWI INGO General Thread #27 - Fresh Pink Air On US-30 smells like...- Latest: Midwestjimbo
-
