Page 10 of 11 FirstFirst ... 891011 LastLast
Results 91 to 100 of 103

Thread: Silver 80 bitchez!

  1. #91
    Great Value Carrots hoarder's Avatar
    Join Date
    Apr 2010
    Posts
    4,773
    Thanks
    3,163
    Thanked 2,646 Times in 1,363 Posts

    Re: Silver 80 bitchez!

    Quote Originally Posted by osoab View Post
    The high I see is 5626!.
    Kitco "edited" the high to 5583. Hmmmmm.......

  2. #92
    Unobtanium osoab's Avatar
    Join Date
    Apr 2010
    Posts
    17,506
    Thanks
    4,479
    Thanked 4,828 Times in 3,323 Posts

    Re: Silver 80 bitchez!

    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

  3. #93
    Unobtanium osoab's Avatar
    Join Date
    Apr 2010
    Posts
    17,506
    Thanks
    4,479
    Thanked 4,828 Times in 3,323 Posts

    Re: Silver 80 bitchez!

    Quote Originally Posted by JohnQPublic View Post
    I made some observations in the Silver forum. Something is very different all of a sudden (repost here):

    Something does not make sense:

    1. Since the days of Legend (e.g., GIM), I used the following analogy to explain silver as money to people:
    a. A 1964 90% silver quarter in 1964 bought you a gallon of gas.
    b. today, 20xx, it buys you about a gallon of gas (varies by year and geography in the US, but typically 3/4 gallon to maybe 2 gallons from 2010 to early 2025);
    c. This worked from 2010 to the beginning of 2025;

    Today, a silver quarter ($20) buys 4-5 gallons of gas! SOMETHING(s) has changed drastically.

    I always taught/saw the purchasing power of silver/gold was pretty constant over time. See What Do Silver and Gold Buy? Now it seems that
    1. We are in a transition from income tax based economy to a more 19th century style tariff based;
    2. By cutting Russia off from SWIFT and stealing their money, we taught the world to not trust the US$ for reserve process, and accelerated the transition back to gold/silver; add resource positioning with China...
    3. We are becoming more local (e.g., Monroe Doctrine) and ready to end the cold war era; when the wall came down in East Germany, I said to myself it will take at least 50 years before things begin to recover...
    4. The industrial need for silver is MUCH greater than it was in 1964;
    5. We have been in a silver (and probably gold) mining deficit for at least 5 years;
    6. Trump may move us towards sound money again. He may even remove any taxation on fake gains vs. Federal Reserve dollars.
    7. AI is the big thing, but quantum computing may make it look like child's play.
    42. Remember the giant computer that took millions of years to answer the question to "life the universe and everything?" Were it a quantum computer, it may have finished in a few minutes, at which point humanity would have said, "let's try and reformulate the question a little".

    A perfect storm for silver/gold and other metals is upon us.

    The economy is still booming because of rapid advancement of technology (AI, eVTOL, hypersonics, quantum computing, etc.).

    Wasn't it a Chinese saying, "May you live in interesting times?". Well, folks, we are living in interesting times.
    Need to add that China stopped silver exports.
    https://www.cnbc.com/2025/12/31/chin...ag-metals.html
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

  4. #94
    Great Value Carrots Tumbleweed's Avatar
    Join Date
    Apr 2010
    Posts
    3,681
    Thanks
    10,099
    Thanked 4,510 Times in 2,085 Posts

    Re: Silver 80 bitchez!

    The higher silver goes the more worthless the dollar becomes.

    The bankers are planning to come out on top.

    I'm watching the video below and David Webb exposes how they plan to do it.

    The Great Taking Documentary


    We are all travelers through this world
    Birth till Death
    We travel between the Eternities. Robert Duval as Print Ritter "The Broken Trail"

    I believe the DSCI christians know and speak the truth
    https://christogenea.org

    The old coyote senses danger and sinks into the grass.
    He cannot be seen but he watches and waits. Author unknown

  5. #95
    Administrator JohnQPublic's Avatar
    Join Date
    Mar 2010
    Posts
    8,935
    Thanks
    890
    Thanked 2,275 Times in 1,350 Posts

    Re: Silver 80 bitchez!

    Quote Originally Posted by osoab View Post
    Need to add that China stopped silver exports.
    https://www.cnbc.com/2025/12/31/chin...ag-metals.html
    Yep, left that one off. Related to point 4- resource wars. Silver mines could be great, but don't forget rare earths, cobalt, etc., also.
    "What Difference, at this time, does it make?"

    "What is 'is'?"

    "Because you'd be in jail"

  6. #96
    Administrator JohnQPublic's Avatar
    Join Date
    Mar 2010
    Posts
    8,935
    Thanks
    890
    Thanked 2,275 Times in 1,350 Posts

    Re: Silver 80 bitchez!

    Quote Originally Posted by hoarder View Post
    I am holding my breath.
    I wouldn't do that! He did suggest removing capital gains from bitcoin, why not constitutional money also?
    "What Difference, at this time, does it make?"

    "What is 'is'?"

    "Because you'd be in jail"

  7. #97
    Great Value Carrots hoarder's Avatar
    Join Date
    Apr 2010
    Posts
    4,773
    Thanks
    3,163
    Thanked 2,646 Times in 1,363 Posts

    Re: Silver 80 bitchez!

    Quote Originally Posted by Tumbleweed View Post
    The higher silver goes the more worthless the dollar becomes.
    This is true in proportion, however, silver is a tiny market in relation to a world of fiat. The psychological effect of high silver is much more damaging to the banking tribe than the actual mathematical effect.

  8. The Following User Says Thank You to hoarder For This Useful Post:

    JDRock (Yesterday)

  9. #98
    Great Value Carrots hoarder's Avatar
    Join Date
    Apr 2010
    Posts
    4,773
    Thanks
    3,163
    Thanked 2,646 Times in 1,363 Posts

    Re: Silver 80 bitchez!

    Quote Originally Posted by JohnQPublic View Post
    He did suggest removing capital gains from bitcoin, why not constitutional money also?
    That's easy to answer. Bitcoin is Jewish and Constitutional money is not.

  10. #99
    Great Value Carrots
    Join Date
    Oct 2017
    Posts
    3,455
    Thanks
    503
    Thanked 1,654 Times in 1,157 Posts

    Re: Silver 80 bitchez!

    Quote Originally Posted by JohnQPublic View Post
    I wouldn't do that! He did suggest removing capital gains from bitcoin, why not constitutional money also?
    Constitutional money applies to the several States of which you aren't one.

  11. #100
    Great Value Carrots hoarder's Avatar
    Join Date
    Apr 2010
    Posts
    4,773
    Thanks
    3,163
    Thanked 2,646 Times in 1,363 Posts

    Re: Silver 80 bitchez!

    This little mid day pullback in silver means absolutely nothing. If you want to buy silver in China, you have to fork out $134 per ounce. They aren't showing the slightest hesitation in paying it either.
    https://goldsilver.ai/metal-prices/s...i-silver-price
    As long as China pulls it along, it's going up.
    To da moon!
    If American investors were the ones pulling it, 90% junk silver coins would be near spot. Dealers are only paying about 80% of melt because industry and China want .999.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •