• 💪 Hello, please SIGN-UP FOR A FREE account and become a member of our community!
    You will then be able to start threads, post comments and send messages to other members. Thanks!
  • 🔥 Kits4Less.com #1 MOST LAB-TESTED SOURCE — 25% OFF YOUR FIRST ORDER! 🔥

Gold and silver what's happening?? The market??

Bigmurph

Bigmurph

Registered
Joined
Oct 22, 2012
Messages
1,599
Reaction score
342
Points
91
Gold and silver have taken a huge hit in value in the past 9 months that's crazy we went from almost $1900 for 1ozt gold and $30 for 1ozt silver.



Now were at 1700 for gold and 22 for silver wtf is Biden doing even the stock market is down from 37000 to 32000 and its not looking like its going to get better I could see gold at 1600 taking us back to 2016 prices wtf smh



Anyone else caught up in this?
People losing their retirement money right now smh

BIGMURPH
RoidShop.to
Bigmurph@roidshop.to
 
Not yet but soon I would buy end of week under 1700 if it gets there the better investment in my opinion is silver buy 100ozt it will go up in value within 5yrs to make a good profit
 
Last edited:
Bigmurph said:
Not yet but soon I would buy end of week under 1700 if it gets there the better investment in my opinion is silver buy 100ozt it will go up in value within 5yrs to make a good profit
Click to expand...

Shit at this point I just want a safe space to secure my money.
We have silver and gold but not a lot. How easy is it to sell later? We talked about this last night. We were thinking about maybe 50k.
 
9 months, hmmm How longs Pervy Joe been in office?
Everything has taken a dive/turn for the worse with this shit-show of a clown-world administration.
 
You will pay a dealer fee but I believe at this point it's worth it just becareful how much you pay if I were you and this isn't advice I would buy a couple of monster boxes of type 2 silver eagles I believe that you will get the most out of that especially because it will be easier to unload over gold at 50k

- - - Updated - - -

You know that's exactly what I was getting at lol the last 9 months have been hell because of Biden
 
Bigmurph said:
You will pay a dealer fee but I believe at this point it's worth it just becareful how much you pay if I were you and this isn't advice I would buy a couple of monster boxes of type 2 silver eagles I believe that you will get the most out of that especially because it will be easier to unload over gold at 50k

- - - Updated - - -

You know that's exactly what I was getting at lol the last 9 months have been hell because of Biden
Click to expand...

Thanks. I've been putting this off for awhile I need to get on it.
 
I've been buying 1 ox silver bars & 1/2 gram gold bars. I have some constitutional silver but I'm gonna buy more. My retirement took a huge hit with this mushbrained fuck. I made over 15K when Trump was in the WH.
 
Jm sd l&c Gainesville just a couple different names that you can compare pricing because they all play games with the actual price of gold and silver. Sometimes you can get a great deal pinning them against each other
 
stinkfingerdelux said:
Don't forget to buy grams. I'd hate to trade ounces for small goods in the event of catastrophe
Click to expand...

I've been buying all my metals from APMEX but I'm definitely going to check out the other site... great prices for sure over there.
 
if you had 100k in savings what would you invest in? or when would you buy gold?
 
Wait, wait, wait...I can invest AND get porn at the same time?! Niiiiice.
 

Attachments

  • shopping.jpg
    shopping.jpg
    129 KB · Views: 30
I dont follow all this stuff, but thinking of putting some cash into something, just not sure where
 
Non-renewable resources can only grow in price, you may have to wait for a while
 
My retirement took a bit hit probably like most of us. My rate of return with Trump admin was roughly 20% for at least the last 2 years of his term, with the highest around 25%. When biden took office My retirement went negative 2-3% for several months and I lost thousands what seemed like over night. It's climbed back to 6-7% but thats a far cry for 20%.
 
Last edited:
Was just noticing the silver price took a header today.

Hoping to time a Crypto upswing with a silver downswing and convert my fake money into something real.
 
HFO3 said:
YES indeed. single family homes or multi family homes, either are great investments
Click to expand...

Bro the market is nuts right now and I don't have a lot of faith in it to tell ya the truth. I'm itching to invest in something I guess like everyone. But want to make site it's a safe play.
 
Coin shows guys I go a few times a year there's ppl there willing to move a load for a good price somewhere in the building. Some old man wanting initial investment from 15yrs ago or something always a deal in the building just gotta find who needs $ the hardest.
 
Multislacking said:
Is it a complete mind fuck to anyone else that you are paying $36 for a coin that has a $1 face value? Or is it just me?
Click to expand...
I'm paying about $30 but keep in mind coins have additional value over rounds or bars. Look at the prices on some of the older coins.

I honestly think the market is manipulated. Silver should be higher.
 
heavyiron said:
I'm paying about $30 but keep in mind coins have additional value over rounds or bars. Look at the prices on some of the older coins.

I honestly think the market is manipulated. Silver should be higher.
Click to expand...

If....and this is a BIG if...we are buying with the thought process that the world economy will implode...wouldn't "collectibles" tank in price accordingly? Theoretically, there would be less disposable income for purchasing collectible items.

On the flip side, if it's just investing and things will continue to rock and roll, then yeah it makes sense. But even if you get 100 oz and it goes up $5, you've only made $500. Don't get me wrong, that's better than banks are paying right now by a long shot. Safer investments have smaller rewards (not profound, I know).
 
Multislacking said:
If....and this is a BIG if...we are buying with the thought process that the world economy will implode...wouldn't "collectibles" tank in price accordingly? Theoretically, there would be less disposable income for purchasing collectible items.

On the flip side, if it's just investing and things will continue to rock and roll, then yeah it makes sense. But even if you get 100 oz and it goes up $5, you've only made $500. Don't get me wrong, that's better than banks are paying right now by a long shot. Safer investments have smaller rewards (not profound, I know).
Click to expand...
I think it will depend on how bad things get. If people can't feed themselves silver will be meaningless.

Before anyone buys metals I would recommend stockpiling a back up pantry with the exception of lead......
 
I believe that the government is manipulating the market the president himself said we have a huge shortage of superconductors yet gold and silver are going down even platinum and palladium. It doesn't make sense to me smh
 
You are absolutely right, in the even of a crisis, it will devaluate everything. People will only spend money on necessary things, no one will invest, buy collectibles, etc. Moreover, people will start withdrawing money that they previously invested for two reasons, because all investments go down and because they need money right now. In such situation, you need to think carefully about where you can invest money (if you have such opportunity), which resources will still be in demand, or shares of which companies will not suffer, and maybe even win. (for example the bloom of all types of courier delivery, online sales, online services such as zoom, with the arrival of covid)
 

Latest threads

Back
Top