Gold / silver going to erupt - uncle intel pawnshop edition

Quick story about SD Bullion if I may. I purchased close to $6000 split between silver and a few gold coins via a debit card. Needless to say, I was nervous as hell, but the customer service rep told me they were self insured and not to worry. Well as my luck would have it, as I was tracking the packages and one (the heavier of the two) was held up at a post office distribution center. A postal service worker thought he hit the jackpot because he nabbed the box clearly marked SD Bullion! The postal inspector had to get involved, and a MAJOR investigation commenced. Long story short, after a few weeks, a duplicate order was sent and I was a happy camper! I also suggested that they change their name from SD Bullion, or SD Lock Company, SD Bearings or similar and they took my advice. SO now anything that you get sent from them will now have a return address with the company name as SD Bearings! AND they use another post office to handle all their transit. Theft went from 5% annually to under 1% so if you're looking for am reputable company to buy from, I highly recommend SD Bullion. Cheers and great thread OP!!!

I have a friend that needs to sell her silver coin collection due to emergencies (less than a thou prob)
no coin shops where she lives out in the country. where should she go to sell -online?
thank you

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Metals not doing a moonshot until confidence in government is lost. Problem for the paper dollar is when the people holding them realize they are screwed what makes anybody think that they are going to trust a "new" paper dollar? Answer is they won't. That's when the metals will shine.

Paper is a promise to pay, gold and silver are payment in full. As long as people trust paper everything's good. When that trust is lost it's game over.

I'm a bit new to all this but how is Mexico halting silver mining until the end of this month going to effect things?

They provide 23% of the silver thats mined.

Craigslist locally if she needs the cash in a pinch or eBay if she wants to get a premium price. Start the auction at $.01 with no reserve, run it for 7 days, and end the auction around 11 pm East Coast time on Wednesday, Thursday, or Sunday evening. Take it from a pro. ;-)

Not very many primary silver mines so not much impact. Most silver is a by-product of mining other metals, such as copper, lead and zinc.

This is what I paid recently:-

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According to the Debt Clock, Gold should be $16,611 and Silver $2004 right now! Based on U$D in circulation.
[link to www.usdebtclock.org (secure)]

With the hyperinflation coming it will increase drastically. If any currency (existing or new) gets backed with gold/silver those numbers will be realized.

dang! check out the US DEBT CLOCK !

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silver/dollar ratio

gold/dollar ratio.

Trouble is dollar not backed by metals. Dollar backed by the US Military.

Keep telling yourself that, the military’s not going to buy you bread and beans.

Just bought 100oz Silver eagles @$2500

Gold will be at $900 an ounce within 36 months and silver with be at $7.00.

You can take that to the bank

JMbullion click on the instock silver bullion I think there are still some ASE's for around $24.00 or so as of this post.

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Buying food for the public is not the function of the military.

Idiot.....

Nothing wrong with that if you are an American. Means your dollars will be worth more.

Why did you make Chumlee go to jail when you were all breaking the law?

Did you ever ask yourself this?

Silver was to $12 like 2 weeks ago! What are you talking about

Silver was to $12 like 2 weeks ago! What are you talking about

You mean silver and gold in the newly issued money...the ones where you trade $10,000 USD for one dollar in the new money?

Yes you are correct

The United States has never canceled its currency so a note from the Civil War is still legal tender.

Silver should really be well over 1k, but the greedy pricks manipulate it for their big business friends who require silver to make their products

Silver Eagles cannot go to zero as they are legal tender with a $1 face value. Why I like Eagles. Invest in stocks and possible to get wiped out. Eagles always worth at least a dollar.

spot price.

you can't actually buy silver for anything under $22 right now.

Right on. CFTC is a joke.

But, if true, that would mean that current paper money - or a replacement - would have to be severely devalued.

So if $1800 cash now buys 1oz gold, then $900 1oz gold would be a 50% devaluation. People holding paper money would feel the 50% reduction in their savings, but those with gold...

Gold essentially retains the same value - over time. It has been said before and will be said again, 1 oz. gold will buy you a great 4-piece suit, whether that was 1 oz of gold 100 years ago or 1 oz. today. The value of gold is "the same" - it's the paper money that goes up and down in value.

^^GREAT STORY^^^


I had an experience 2 years ago, I bought bullion interstate, and had it delivered via the post.

when it didnt turn up I started inquiring as to where it was.

Turned out the company that sent it put the wrong address on the parcel, when the postie delivering it looked at the dwelling where he was delivering it to, he knew immediately something was wrong,

so he took it back to the depot and it sat on a shelf until I tracked it down.