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eveything is cyclical. It's been up, down, up, down.
Short term thinkers lose it all. Long term is the way to invest.
Have a nice day and looking forward to your same posts every day for the next year or 2.
I hope so I can buy more for less. My retirement is in 10 years and if I don't need it I can hand it to my son tax free.
I hope so I can buy more for less. My retirement is in 10 years and if I don't need it I can hand it to my son tax free.
Silver is being snapped up at any price. Market timers always go broke. Have a great day!
Time to buy. Teens? Not likely.
So the silver shortage is now over?
Yep, silver is part of my retirement plan. I also have the majority in a 401k but the good news is if something happens to me my physical just moves to my heir tax free. There is enough 'to the moon' scams out there (like paper silver and cash). Have a great day!
The people that trusted all their money to the Cyprus banks sure now wish they had instead held gold and silver.
Where do I buy all the silver I need for under 50 cents an oz?
Inflation is up, it's just not politically correct to report it.
Why are your posts clearly opposite of reality? The US Mint is selling eagles faster than they can produce them.
But then again, you will repost the same thing 100 times in the next 100 days.
So you are pumping Helca miners now?
So people are willing to pay over spot price for silver? That's no news to me but it sure will be to extreme.
Silver is being mined and horded by the miners because they know price will come up and they will have product to supply at that price, not the promise of opening old mines and getting product to the consumer in say... 6 to 8 months.
So how cheap is it to get an oz of silver out of the ground to produce a .999 pure Eagle? Far more than (paper) spot price today.
That's why the US Mint keeps selling out of Eagles for double spot price. Makes sense to me.
And cocaine is grown for less than 10 cents an gram. Then why does it sell for $100 and up?
The true cost of mining silver is $24 an oz no matter where it is mined. That means it's being mined to be stored until the price comes up or less productive mines will be shut down. Honestly you must have flunked economics in 9th grade.
There isn't enough gold in the world to back the yuan (unless gold was worth about a million dollars an oz). Nice thought though.
Really? So I could set up a silver mine and pull it out for $4 an oz? I'm THERE!!!!!!!
I quoted a silver manufacturer who saves their cost is 4 dollars an ounce. If you don't like it contact them.
You made it look like anyone can mine silver for $4 an oz. So now you claim that a miner with an established mine, workers, equipment and a processing plan has their expenses down to $4 an oz when silver is $24 an oz? Is that like saying that Dell can make a computer for $50 and sell it for $300 so I can't do the same?
It has been consumed to make electronics and is needed for solar panels and will never be recovered.
If it can be "recovered" from the ground it can be recovered from electronics.
So tell me how it is cost justified to recover a very small amount of silver from hundreds of millions of electronic parts? Silver is literally consumed never to appear on the planet with many processes so your claim that 'every spot of silver ever mined is on earth' holds no bearing. Now most of the gold ever mined is here in jewelry, investment bars and coins. Maybe that's what you really meant?
Did you know there is less silver available right now than gold for this very reason?
Really? So I could set up a silver mine and pull it out for $4 an oz? I'm THERE!!!!!!!
But your comment on all silver that ever existed is still here is so wrong. It has been consumed to make electronics and is needed for solar panels and will never be recovered.
But have a nice day, Downinthedumpers.
Physical ilver is really worth $45 an oz. The price of paper silver is what extreme keeps hyping.
Does Extreme have his own tv show? I don't think so.
As paper silver prices force physical prices down, miners will shut down less productive mines, lowering supply and eventually driving up prices. Now's the time to buy.
I have been to Europe and they LOVE dollars. They get VAT added onto their gold and silver purchases. EXTREME that's why people there aren't excited to load up. People in Cyprus are sorry they didn't hold metals insted of trusting banks.
That's because the rest of the world's money is CRAP!
EVERYTHING is falling? Do you consider the price of electricity and college included in that generalization because the prices of those are not dependent on oil prices.
Oil prices falling does not equal gas prices at the pump falling. Inflation is coming. Get ready to have a stack of silver to ride the inflation game.
US Mint can't keep up with demand. Silver eagles going for $30+ above spot price and people are paying it.
Oil can drop all it wants the world needs cheap fuel to feed the 3rd nations. Copper is being bought up by China for it's growth. Have you priced electric wire lately? It's tripled in the past few years. And loonies like extreme claim there's no inflation? Seen new car prices? Seen the price of beef and beer (staples of life itself). Snap up this cheap silver with the last sale of a lifetime and keep spamming your message to encourage others to buy buy buy!
Worldwide silver shortage and high premiums for 1 oz Silver Eagles. The days of $50+ silver is coming soon.
Keep posting the same thing. Silver will rebound.
The Hunt bros were destroyed by the US government.
Just buy dimes. Cheap and produced by the government.
Yea, right in your dreams.
Ok, you made me laugh! I don't watch JS for news but a lot of people do.
Maybe Obama stole the AP phone records so he knows what's going on before they announce it 'on the news' and surprise him - again and again and again?
How much does it cost to produce a $100 bill? 7.8 cents. By your definition a hundred dollar bill is worth 7.8 cents. How much does it cost to produce silver? Millions of dollars worth of equipment, possession of silver producing land, government permission and paying millions of dollars in taxes, miners able to pull product out of the ground, millions of dollars in fuel and electric bills... and you believe all that sums to 50 cents per oz? Pathetic.
Will do, flew into Seattle today and leave tomorrow. Still looking to stack silver.
I'm off to an Alaskan cruise. I hope you and everyone else has a great week and even better Memorial Day weekend!
Cocaine is produced for 50 cents per gram but sells for over $100. Clothes are produced for pennies on the dollar. Most places silver is the main product and others it's a profitable by-product. This post makes about as much sense as the last 100 times you posted it.
Have a good weekend.
Couldn't help myself, just bought 60 silver eagles today. I am proud to stack and am insulted at your insults.