What to buy ? What to buy ?

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S

SilverStacker

Big Eyed Bug
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I have some loose cash still even after buying this month a numismatic "seated Liberty 1864", more junk 1/2 silver, . a 10 oz RCM bar, and my first 1oz gold Britannia 2026 "Beautiful coin".

So my brain screams "MORE GOLD" but my heart screams "MORE SILVER" or maybe going MSD shopping. I had 20 1 oz kangaroos loaded on the BE websight yesterday but didn't hit the launch button. I have no fear of either dumping any time soon "if ever" but I just can't make up my mind what to buy.

Whats the best way going forward ya think ?
 
Fatrat said:
How are you on ammunition...
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That's a good question. What to buy, depends on your peripheral circumstances.

How secure is your storage? Store it yourself, or pay someone else? How much do you have, now (gold and silver, both)?

How secure is your home/redoubt. Will you have to bug out, if TSHTF? If you'e on a small farm or large plot, you won't have to carry the stuff. If you're in a condo compound with dozens of your neighbors starving, you may have to move for a time - or permanently. Carrying what you have.

Only you can know all this, know how your needs fit with your plans.
 
Fatrat said:
How are you on ammunition...
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Like WW3 level. Theres always someone home, heavily armed. I have a 85 lb GSD who's more like a crocodile then a dog. Fierce !

Anyway I'm to old to bug out. I'll make my stand here should that happen and until then no one knows my name or exactly what I have/where I live. I'd never trust anyone else with my stuff. I just want to leave something behind for my loved ones other then a stinking, rotting, maggot infested, corpse.

What would the normal percentage of silver/gold monetary value in a normal stack ? Not metal weight or amount of coins...ect But the % of gold/silver worth ? It doesn't take much gold nowadays to be gold heavy in your metal value.
 
first off i will buy silver till the GSR is lower....my next purchase if available at my lcs will be 10oz stacker bars ......good size...recognizable...scottsdale guarantees buyback ...very easy to store spacewise ...second choice would be other brand 10oz bars.....3rd choice would be a kilo bar.....price really doesnt matter
 
That was easy. 14 1oz rounds on sale for $52.73 each and 4 5oz Buffalo bars for $266.15 each.

I love sales. When I placed the order silver was $52.25 but that probably wont hold.. I'm just a retired guy, guys. Just an old retired serf. I dont want to give the impression I'm a big player or anything because I'm not. $1,800 metal orders I feel, but there are times you have to go with the data.

Theres a reason London has so much space and they are flying silver around in 747 Cargo airplanes as if its gold. And I dont care if refiners aren't taking junk because I'm not about to sell coins made of 90% silver for fiat ass wipe.
 
As refineries are not buying anything less than .999 fine from dealers right now, dealers are incentivized to sell 90% at discounts to spot if they want to clear their inventory and make room for more liquid stock. I was seeing chatter that refiners or wholesalers were recommending to dealers to sell 90% silver (and sterling/92%) at deep discounts (up to 50% off) from spot.
 
pmbug said:
As refineries are not buying anything less than .999 fine from dealers right now, dealers are incentivized to sell 90% at discounts to spot if they want to clear their inventory and make room for more liquid stock. I was seeing chatter that refiners or wholesalers were recommending to dealers to sell 90% silver (and sterling/92%) at deep discounts (up to 50% off) from spot.
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This raises the question: Is it time to junk the attraction to Junk, and focus on pure-silver rounds or bars?

My silber holdings are about half of each. Last couple of years I bought a fair amount of junk; but I also have Sunshine Mint ounces, in nice plastic sleeves.

I got the junk because if there's a SHTF moment, people will know what it is. A round made by a private mint, not so much. And there's a lot of fake silber around - remember, I got burned to the tune of about $2000 on fake bars. I'm sure I'm not the only one to have bought the pot-metal.
 
Casey Jones said:
This raises the question: Is it time to junk the attraction to Junk, and focus on pure-silver rounds or bars? ...
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I would think that 90% may be cheap in the near term and then at a premium in the long term if silver supplies stabilized eventually. I'm not sure that silver supplies will stabilize though, so refineries may be .999 fine only for a good long time. Eventually 90% is going to become unobtanium (they aren't making any more and existing supply loses a bit to scrap/melt every year in normal circumstances). Maybe demand for it grows as interest in silver picks up amongst the sleeping masses. Its got more potential upside than .999 silver, but also more risk to seeing it realized I think.

Last time silver retail FOMO kicked in circa 2009-2010, silver eagles were the most liquid/sought after form of silver (here in the USA). I think they are the safest choice.
 
Even tho my stack is coin heavy without a whole lot of rounds, with a fair amount of junk, I'm going to stick with my plan no matter what the refiners are doing now. I have more rounds and Bars coming and not going to shy away from Institutional. Certainly when they are selling under spot. Silver is over $52 right now and the demand is still there regardless of refining efficacy and the math is easy, 90% of something is a whole lot of something.
 
pmbug said:
I would think that 90% may be cheap in the near term and then at a premium in the long term if silver supplies stabilized eventually. I'm not sure that silver supplies will stabilize though, so refineries may be .999 fine only for a good long time. Eventually 90% is going to become unobtanium (they aren't making any more and existing supply loses a bit to scrap/melt every year in normal circumstances). Maybe demand for it grows as interest in silver picks up amongst the sleeping masses. Its got more potential upside than .999 silver, but also more risk to seeing it realized I think.

Last time silver retail FOMO kicked in circa 2009-2010, silver eagles were the most liquid/sought after form of silver (here in the USA). I think they are the safest choice.
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I'm not sure I follow the logic. Why would 90-percent be more sought-after than .999? If there's a need for an alloy, they can easily make it in processing - easier than refining to purify.

It's purely academic, at this point. I don't have much money to buy with; and I've got enough silber that moving it in terms of Armageddon is going to be a pain.
 
nickndfl said:
90% junk silver is selling at or under spot.
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Who?

Casey Jones said:
I'm not sure I follow the logic. Why would 90-percent be more sought-after than .999? If there's a need for an alloy, they can easily make it in processing - easier than refining to purify.

It's purely academic, at this point. I don't have much money to buy with; and I've got enough silber that moving it in terms of Armageddon is going to be a pain.
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Lazy? Time is money? In a hurry to get it processed??


 
Goldhedge said:
Who?
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i got a sale notification last night from Minot coin and bullion that today they would be selling 90% at 2$ under spot while supplies last, i have not searched around for others because its not in my radar right now but i know its happening

also this guy is selling under spot ( i watch him daily for buy sell updates, very good source of street values)
 
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Casey Jones said:
This raises the question: Is it time to junk the attraction to Junk, and focus on pure-silver rounds or bars?

My silber holdings are about half of each. Last couple of years I bought a fair amount of junk; but I also have Sunshine Mint ounces, in nice plastic sleeves.

I got the junk because if there's a SHTF moment, people will know what it is. A round made by a private mint, not so much. And there's a lot of fake silber around - remember, I got burned to the tune of about $2000 on fake bars. I'm sure I'm not the only one to have bought the pot-metal.
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90% will be fine.......this is just a refiner issue ........ they are backloged and its much easier for them to melt 999 into good delivery bars, if they do not clear the backlog soon new refineries will step in or they will increase capacity ........ can you imagine refiners only taking 24k gold? ........obviously this is a temporary condition

as mention by others 90% will greatly benefit in the long run from this .......i am not buying 90% currently just because i have a huge amount and it takes a lot of room to store vs 999 bars (buy whats cheap when you can)

it is very bullish that refiners are backlogged and working at 100% capacity and still not able to convert enough retail silver into good delivery silver fast enough to satisfy the market and obviously mine supply is not adequate either and is not easily ramped up
 
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I want 90% for SHTF scenarios, I hold bullion for inflation protection...
 
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