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Purchased one a while back, i ignored the extreme premiums (copper spot per pound was at approximately $3.50 and i got ~2.2 pounds for $25) because it is assayed (999 fine), and if copper does become the new poor mans precious metal in the event of a silver spike, it will be better to have an assayed bar Yesterday i put it all in 3 gallon size zip lock bags, wrappped in cotton cloth (to absorbe moisure) and squeezed it all into a 50 mm ammunition box. Im considering buying this polished 5kg bar for about $120
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New silver coins will ring longer These were all kept in a small tool box hidden in an inconspicuous location Older ones will ring shorter & oldest ones will ring shortest
It is a distinct sound
Numis, what i was trying to say is that when you view an old silver coin under sunlight, you will definitely see sparkling luster no matter how dirty / toned it is (using a loupe will help). What u r comparing are latest advancement to the old silver oxide. Hey guys i love 90% silver a lot and it consists of most of my stack I enjoy the history behind it and the fact that it is actual u.s
I invest so much into 90% junk silver because i know it has a broad market and i have a good chance of recovering the premium i paid for it My question is if 40% junk silver is a viable investment opportunity At my lcs i can pick up 40% kennedies. Thinking that silver (or gold) will hit new highs and stay there plus there will be world peace, pie in the sky forever and a day, is a pipe dream
Buy low sell high and don't sit on profits is the name of the game
If you want physical silver today the premiums are high to make up for the too low pos. Picks for 2024 anyone wish to list their five top mining stocks that they think will do very well during 2024 Just our own personal guesses at what junior or other miners will see big moves in the next 12 months Of course, this is not financial advice and doing your own due diligence is necessary before investing
Lets limit it to just mining companies and not general stock market companies. The spanish used to call platinum platina or little silver The spaniards named the metal platina, or little silver, when they first encountered it in colombia They regarded platinum as an unwanted impurity in the silver they were mining, and often discarded it.
A few of you had asked me about my dealers pricing on the lib and aztec kilo's
I got an email yesterday with their new inventory and prices for all their coins (1, 2 & 5oz proofs and bu's) I also made a mistake about a month ago when i said the kilo lib was going to have a limited supply of 300 to north america It's the aztec kilo that is only 300 to all of north america Silver saw no support from a possible mexican miners strike and seems to have ignored the supply side of the metal
Oil fell below $50 which did not give any support I'm will wait until the markets do not have these flaky numbers on earnings growth, i am just not impressed, as many have cut so much that they had no where to go but level to up.
