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Thread: Get out the rocket

  1. #51
    Unobtanium EE_'s Avatar
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    Re: Get out the rocket

    Quote Originally Posted by jcismylord View Post
    Here is the output from my scrapers -


    The dealers are indeed struggling with the inventory.
    The premiums are insane.

    I am monitoring the situation - it's been like this for a quite a long time.

    I have to admit that it is quite unprecedented.
    My scrapers run daily and they log the results every day ( whenever my laptop is on ).
    Nothing like this has happened for such long period of time before.

    Whatever is going on is alarming - it could be that the goose is cooked, or almost cooked.
    CNI has plenty of both silver and gold
    https://www.golddealer.com/product-c...on-coins-bars/
    DON'T TAKE THE VACCINE!

  2. #52
    Great Value Carrots
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    Re: Get out the rocket

    Quote Originally Posted by EE_ View Post
    CNI has plenty of both silver and gold
    https://www.golddealer.com/product-c...on-coins-bars/
    They used to have the smallest buy/sell spread. The spread is now enormous for silver but it may still be smaller than other sellers/buyers. I am still trying to figure out what risk/downsides are present with the link I showed yesterday: Buy Gold, Silver & Platinum Bullion Online | BullionVault You can take delivery for a reasonable fee. I am very slow to trust anything new though.

    Has anyone here used this service?
    " If you are on the wrong road progress means doing an about-turn and walking back to the right road and in that case the man who turns back soonest is the most progressive man. There is nothing progressive about being pig-headed and refusing to admit a mistake. And I think if you look at the present state of the world it's pretty plain that humanity has been making some big mistake. We're on the wrong road. And if that is so we must go back. Going back is the quickest way on. ---C. S. Lewis

  3. #53
    .999 Unobtanium Horn's Avatar
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    Re: Get out the rocket

    I shrug to think what happens from a covid year with near 0 production of anything else...

    When Biden floats a chinese boat again...

  4. #54
    Iridium
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    Re: Get out the rocket

    Quote Originally Posted by EE_ View Post
    I have some PSLV and I plan on holding it for a while. It's a better bet then holding SLV
    Do you know what's going on with PSLV?

    Turning my focus toward PSLV, I had a look at their Net Asset Value page and Twitter account, "@Sprott" (since they started updating their holdings very frequently in February). As of January 31st, 2021 they had "Total Ounces Held* 93,208,680".

    Relevant tweets:

    - Feb 2: Added 6,400,000 ounces - total: 99,608,676

    - Feb 3: Added 1,200,000 ounces - total: 100,806,762

    - Feb 5: Added 1,250,000 ounces - total: 102,059,998

    - Feb 9: Added 1,000,000 ounces - total: 103,059,998

    - Feb 11: Added 500,000 ounces - total: 103,562,183

    - Feb 12: Added 1,000,000 ounces - total: 104,562,183

    - Feb 13: Added 1,400,000 ounces - total: 105,962,183

    - Feb 16: Added 3,500,000 ounces - total: 109,462,183

    - Feb 17: Added 3,400,000 ounces - total: 112,864,465
    life is good.

  5. #55
    Electrum
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    Re: Get out the rocket

    Quote Originally Posted by EE_ View Post
    CNI has plenty of both silver and gold
    https://www.golddealer.com/product-c...on-coins-bars/
    CNI (Gld_Dealer) is in the table

  6. #56
    Unobtanium EE_'s Avatar
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    Re: Get out the rocket

    Quote Originally Posted by Hitch View Post
    Do you know what's going on with PSLV?

    Turning my focus toward PSLV, I had a look at their Net Asset Value page and Twitter account, "@Sprott" (since they started updating their holdings very frequently in February). As of January 31st, 2021 they had "Total Ounces Held* 93,208,680".

    Relevant tweets:

    - Feb 2: Added 6,400,000 ounces - total: 99,608,676

    - Feb 3: Added 1,200,000 ounces - total: 100,806,762

    - Feb 5: Added 1,250,000 ounces - total: 102,059,998

    - Feb 9: Added 1,000,000 ounces - total: 103,059,998

    - Feb 11: Added 500,000 ounces - total: 103,562,183

    - Feb 12: Added 1,000,000 ounces - total: 104,562,183

    - Feb 13: Added 1,400,000 ounces - total: 105,962,183

    - Feb 16: Added 3,500,000 ounces - total: 109,462,183

    - Feb 17: Added 3,400,000 ounces - total: 112,864,465
    I can't really say too much other then I've followed Eric for many years in video and audio reports, he's a self made billionaire and he has the silver.
    I'm contemplating going in on a platinum trust this week. I should have done it last year when I told my bullion dealer that platinum was way undervalued and should be a good buy.
    I'm going to buy either PLTM, or SPPP. Probably PTLM.

    Maybe someone here can explain what I have underlined in PLTM

    PLTM invests directly in physical platinum stored in a London vault and custodied by ICBC Standard Bank. The structure of a grantor trust protects investors since trustees cannot lend the platinum bars. Since PLTM holds physical platinum bars, investors can expect the fund to track the price of spot platinum closely. Moreover, the fund provides exposure that is essentially identical to established competitors such as PPLT. Like all physically held precious metals funds, any long-term gains will result in noteworthy tax liabilities, since PLTM is considered a collectible. PLTM is cheap to hold with one of the lowest expense ratios in the segment.
    https://fknol.com/etf/pltm.php

    The goal of the Sprott Physical Platinum and Palladium Trust is to provide a secure, convenient and exchange-traded investment alternative for investors who want to hold physical platinum and palladium. The Trust offers a number of compelling advantages over traditional exchange-traded platinum and palladium funds. The Sprott Physical Platinum and Palladium Trust (SPPP) is a closed-end trust that invests in unencumbered and fully-allocated Good Delivery physical platinum and palladium bullion
    https://fknol.com/etf/sppp.php
    DON'T TAKE THE VACCINE!

  7. #57
    Iridium
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    Re: Get out the rocket

    Quote Originally Posted by EE_ View Post
    I'm contemplating going in on a platinum trust this week. I should have done it last year when I told my bullion dealer that platinum was way undervalued and should be a good buy.
    I'm going to buy either PLTM, or SPPP. Probably PTLM.
    Right now, there's the biggest mass rush into physical silver we've ever seen, in perhaps history, and you are sitting this one out?!?

    Speaks volumes actually, because I trust and respect your opinion.

    APMEX is asking almost $10 over spot price, for 100 oz silver bars! I'm glad to hold physical silver, but right now the silver market is pretty exciting. I could see the other metals being the better buy, but maybe not? This might be a silver rocket launch in the making.
    life is good.

  8. #58
    Unobtanium EE_'s Avatar
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    Re: Get out the rocket

    Quote Originally Posted by Hitch View Post
    Right now, there's the biggest mass rush into physical silver we've ever seen, in perhaps history, and you are sitting this one out?!?

    Speaks volumes actually, because I trust and respect your opinion.

    APMEX is asking almost $10 over spot price, for 100 oz silver bars! I'm glad to hold physical silver, but right now the silver market is pretty exciting. I could see the other metals being the better buy, but maybe not? This might be a silver rocket launch in the making.
    I'm not sitting it out. I'm pretty well loaded with physical, PSLV and SLV. My last silver buy was two tubes of maples at $19 and ounce, a year ago. It's not easy to pay the higher price right now, even though I think it is going a lot higher. I just want to add PT to the mix.
    I bought a couple ounces of platinum back in 2005-2006 and sold it near the top. That's where I think PT is going again. Check these charts 10, 20 and all
    https://www.macrotrends.net/2540/pla...cal-chart-data
    DON'T TAKE THE VACCINE!

  9. #59
    Unobtanium EE_'s Avatar
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    Re: Get out the rocket

    I don't know if I posted this here, but it is good info for all to know.
    https://www.fakebullion.com/

    A couple weeks ago I spotted a fake 1 ounce SilverTowne bar on ebay and I reported it to the seller and ebay. I don't know what happened after that, but people were bidding on it into the $30's.
    DON'T TAKE THE VACCINE!

  10. #60
    Unobtanium EE_'s Avatar
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    Re: Get out the rocket

    If someone here has $950 burning a hole in their pocket for some silver, here's a kilo for $29.54 an ounce. I'm not seeing anything else for this price.
    https://raleighcoindealers.com/shop-...silver-stacker
    Showing one in stock...if they still have it in stock? Free shipping on $200 and over.
    DON'T TAKE THE VACCINE!

  11. The Following User Says Thank You to EE_ For This Useful Post:

    monty (25th February 2021)

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