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This is a discussion on Silver within the Survival forums, part of the Gunner Forum category; Gene if silver go below $15 a oz in Jan it will be time to order 2 Green Monster boxes https://www.wholesalecoinsdirect.com...ns-monster-box...


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Old 06-30-2013, 05:11 AM   #1
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Silver

Gene if silver go below $15 a oz in Jan it will be time to order 2 Green Monster boxes

https://www.wholesalecoinsdirect.com...ns-monster-box
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Old 06-30-2013, 07:22 AM   #2
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Thanks John. I bookmarked the site and will be following it for the next few months.
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Old 06-30-2013, 04:12 PM   #3
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Thanks John. I bookmarked the site and will be following it for the next few months.
I think the Mint releases the Green Monster boxes in Jan . I need to look that up and see if my account is still good .
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Old 07-10-2013, 08:45 PM   #4
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Can anyone join this conversation or am I crashing the party?

People who follow charts and cycles are saying they think that precious metal prices finally bottomed in June, as do most others. They all say the second half of 2013 is going to have something bad happen. One person who follows cycles gave a date of 07/19 based on previous cycles, one said August, the rest just said sometime before January. It will be interesting to watch.

I truly hope that people who want silver will be able to find it at a lower price, but as one expert always says, "It's better to be way early than one day too late." Lets hope production will hold-out. I read that several mines have shut-down in the last 3 weeks and some others have stopped exploration expenditure and have slipped operations into neutral, whatever that means exactly.

Here is a video I first saw 2yrs ago. It's a simulated news report that shows how the collapse will happen and what it will look like. Most of what it predicted has already happened, but without the collapse yet. It was deleted and I really had to search to find it just now. http://www.youtube.com/watch?v=N3q5NyxI8nk
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Old 07-10-2013, 09:16 PM   #5
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Mike, sorry to go off topic but any U-tube video I like I download to my PC. That way I have it if the video gets pulled and I can upload it to Photobucket to share. The program I use is free, though they ask foe a tip after use use it 100 times or so. I am happy to do so as I use the program constantly. I have even downloaded hundreds of full length movies free, some that were not available or only available at high prices. Some I was looking for for years.

Just a thought as I have seen many good videos get removed for various reasons and often wished I had saved them.
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Old 07-11-2013, 06:31 AM   #6
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Can anyone join this conversation or am I crashing the party?

People who follow charts and cycles are saying they think that precious metal prices finally bottomed in June, as do most others. They all say the second half of 2013 is going to have something bad happen. One person who follows cycles gave a date of 07/19 based on previous cycles, one said August, the rest just said sometime before January. It will be interesting to watch.

I truly hope that people who want silver will be able to find it at a lower price, but as one expert always says, "It's better to be way early than one day too late." Lets hope production will hold-out. I read that several mines have shut-down in the last 3 weeks and some others have stopped exploration expenditure and have slipped operations into neutral, whatever that means exactly.

Here is a video I first saw 2yrs ago. It's a simulated news report that shows how the collapse will happen and what it will look like. Most of what it predicted has already happened, but without the collapse yet. It was deleted and I really had to search to find it just now. http://www.youtube.com/watch?v=N3q5NyxI8nk
From my experience all the experts always say buy because they are selling. One thing I know for absolute certainty is that no one has a clue to what silver will do in the future. But the current price is down and I say buy now.
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Old 07-11-2013, 01:24 PM   #7
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Mike, sorry to go off topic but any U-tube video I like I download to my PC. That way I have it if the video gets pulled and I can upload it to Photobucket to share. The program I use is free, though they ask foe a tip after use use it 100 times or so. I am happy to do so as I use the program constantly. I have even downloaded hundreds of full length movies free, some that were not available or only available at high prices. Some I was looking for for years.

Just a thought as I have seen many good videos get removed for various reasons and often wished I had saved them.
Your very right Mac, I just wasn't thinking. Good idea. I just expected it would always be there.
These videos have mostly kids,teens, who leave comments like: What's wrong with entitlement, Why shouldn't we get all we can from government? And even: It will never collapse! They have no idea what Liberty means because it was lost before they became of age. In their youthful arrogance they are completely ignorant of what socialism is and why there was a Declaration of Independence. God help us.



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From my experience all the experts always say buy because they are selling. One thing I know for absolute certainty is that no one has a clue to what silver will do in the future. But the current price is down and I say buy now.
I know the media likes to call every guest an expert. I try not to use the word, but Im referring to a few who have a proven track record and are well known for being right before. Prices started up 2 weeks ago and especially in the last 2 days. My two paper investments, ETF's are up $860. today alone. One of mine, AGQ, closed up over 11% today. The metals move opposite the dollar which has been up because of the currency wars. But I read yesterday that the currency wars are reversing and sure enough the dollar turned down 1.5% today so gold was up 2.5%, silver up 5.5% and AGQ up over 11%. These guys watch everything close and they were right on today. We'll see if it keeps going up the rest of this month. But they said to expect it to be even more volatile, as usual.

I also agree with you that now is a good time to buy. Any more dips will be mostly meaningless in the long run and most will wait too long till it's all gone. There are trillions of dollars in equities and other investments that will rush to gold then silver when only a tiny fraction of that money would buy all the PMs available now. It simply wont be there. When they discover there's no gold they will climb over each other for the last remaining vestige for financial survival: silver. Some believe silver will be as high as gold. All believe the value in dollars will be staggering and they wont even say how much because people just would not believe it. But even if it doesn't go up one cent, it still retains value so it preserves what wealth you have even if that is not much.

The tricky part is when to sell and how much. If silver hits $1000.00 an oz. do you sell some in exchange for the collapsing dollar that is dropping by the minute? Or do you wait for whatever currency will replace it? I think there will be a window of time when you can sell some and rush out to buy something of value that you can use, maybe food if there is any left on the shelves. What a terrible thing to have to be talking about. I have some PMs only because I firmly believe things will crash and it just doesn't make sense to me to leave it in an account that will be raided. I just dont know what else to do with it and Im trying to be responsible with it. Any advice is always welcome, but I've yet to hear of anything better.
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Old 07-11-2013, 01:54 PM   #8
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Your very right Mac, I just wasn't thinking. Good idea. I just expected it would always be there.
These videos have mostly kids,teens, who leave comments like: What's wrong with entitlement, Why shouldn't we get all we can from government? And even: It will never collapse! They have no idea what Liberty means because it was lost before they became of age. In their youthful arrogance they are completely ignorant of what socialism is and why there was a Declaration of Independence. God help us.





I know the media likes to call every guest an expert. I try not to use the word, but Im referring to a few who have a proven track record and are well known for being right before. Prices started up 2 weeks ago and especially in the last 2 days. My two paper investments, ETF's are up $860. today alone. One of mine, AGQ, closed up over 11% today. The metals move opposite the dollar which has been up because of the currency wars. But I read yesterday that the currency wars are reversing and sure enough the dollar turned down 1.5% today so gold was up 2.5%, silver up 5.5% and AGQ up over 11%. These guys watch everything close and they were right on today. We'll see if it keeps going up the rest of this month. But they said to expect it to be even more volatile, as usual.

I also agree with you that now is a good time to buy. Any more dips will be mostly meaningless in the long run and most will wait too long till it's all gone. There are trillions of dollars in equities and other investments that will rush to gold then silver when only a tiny fraction of that money would buy all the PMs available now. It simply wont be there. When they discover there's no gold they will climb over each other for the last remaining vestige for financial survival: silver. Some believe silver will be as high as gold. All believe the value in dollars will be staggering and they wont even say how much because people just would not believe it. But even if it doesn't go up one cent, it still retains value so it preserves what wealth you have even if that is not much.

The tricky part is when to sell and how much. If silver hits $1000.00 an oz. do you sell some in exchange for the collapsing dollar that is dropping by the minute? Or do you wait for whatever currency will replace it? I think there will be a window of time when you can sell some and rush out to buy something of value that you can use, maybe food if there is any left on the shelves. What a terrible thing to have to be talking about. I have some PMs only because I firmly believe things will crash and it just doesn't make sense to me to leave it in an account that will be raided. I just dont know what else to do with it and Im trying to be responsible with it. Any advice is always welcome, but I've yet to hear of anything better.
I don't buy silver as an investment so the actual price of it when it comes time to use it doesn't really matter. I buy junk U.S. silver coins and will use them like money. I imagine I could buy a gallon of gas with a quarter if it was 90% silver.
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Old 07-11-2013, 02:17 PM   #9
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I think Silver Eagles are going to be the best thing to barter with . I've been using them for bartering in Tn years , Gold is too hard to barter with on small deals but it great for transport or moving your wealth from place to place .
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Old 07-11-2013, 06:59 PM   #10
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I don't buy silver as an investment so the actual price of it when it comes time to use it doesn't really matter. I buy junk U.S. silver coins and will use them like money. I imagine I could buy a gallon of gas with a quarter if it was 90% silver.
Yes sir, you might very well be correct on that because silver will be sought after, so anything is possible. Unfortunately there-in lies the gray area where noone knows what will happen because we dont know what big brother will allow. Of course they will come after gold and most silver, but junk silver may be the only thing they do allow us to have. You could very well turn-out to be the smartest one of us yet. I dont know what Sightngrl would say to that though, maybe she wont read this. You have me thinking about getting some junk silver. I know there is a lot of that still out there. I want to get another 200 oz of silver to top-off my stash and I think now I will get some junk too. You have me worried. Sure wish I knew how much money I have left. I would like to have Sightngrl as my money manager. She sounds savy about these money problems Im having. That $860. Im up today was just the paper, counting the physical it's $1500. for the day. If it would keep going up like that I wouldn't have money problems after a few months.


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Originally Posted by tx gun runner View Post
I think Silver Eagles are going to be the best thing to barter with . I've been using them for bartering in Tn years , Gold is too hard to barter with on small deals but it great for transport or moving your wealth from place to place .
I like the Canadian 100% stuff myself, but the Eagle is really popular too. Im surprised you were able to find someone to barter with using silver. I would like to hear the details on it if you ever feel like sharing it. I agree that gold is great for transport, thats the only reason I have some is because of size and weight. Makes it easier to hide too. Only problem is, silver will go up at lest 3x as much as gold, so you will lose some profit. The current ratio is 1 to 64 ; never been anything close to this lopsided amount ever before. Silver is going to make some people rich who never were or would have been before..
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Old 07-11-2013, 07:34 PM   #11
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Yes sir, you might very well be correct on that because silver will be sought after, so anything is possible. Unfortunately there-in lies the gray area where noone knows what will happen because we dont know what big brother will allow. Of course they will come after gold and most silver, but junk silver may be the only thing they do allow us to have. You could very well turn-out to be the smartest one of us yet. I dont know what Sightngrl would say to that though, maybe she wont read this. You have me thinking about getting some junk silver. I know there is a lot of that still out there. I want to get another 200 oz of silver to top-off my stash and I think now I will get some junk too. You have me worried. Sure wish I knew how much money I have left. I would like to have Sightngrl as my money manager. She sounds savy about these money problems Im having. That $860. Im up today was just the paper, counting the physical it's $1500. for the day. If it would keep going up like that I wouldn't have money problems after a few months.




I like the Canadian 100% stuff myself, but the Eagle is really popular too. Im surprised you were able to find someone to barter with using silver. I would like to hear the details on it if you ever feel like sharing it. I agree that gold is great for transport, thats the only reason I have some is because of size and weight. Makes it easier to hide too. Only problem is, silver will go up at lest 3x as much as gold, so you will lose some profit. The current ratio is 1 to 64 ; never been anything close to this lopsided amount ever before. Silver is going to make some people rich who never were or would have been before..
If I'm right I will be in good shape and if I'm wrong I have nothing to lose.
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Old 07-11-2013, 07:59 PM   #12
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I had a 30 ft cover front porch built on one of my rental houses . I got the SE at $12 a oz and barter them on labor at $18 a oz . 1 lb buffalo nickel about the same prices per oz . I got some SE in trade for a gun I was selling . I'm a coin collector too . I have a lot of high dollar Morgans these 2 book for over $400 each and here is a couple on my gold coins ...






Last edited by tx gun runner; 07-11-2013 at 08:03 PM.
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Old 07-11-2013, 08:16 PM   #13
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Here is the porch I bartered for

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Old 07-12-2013, 06:17 AM   #14
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I thought you bartered at equal value, but looks like you got the better end of the deal. Looks like a stone foundation around that house. Nice.

I bought some gold a couple of months ago. I have a double eagle with Lady Liberty, instead of the Indian head, from 1904. It looks like brand new except for some real light little scratches on her neck. Drats. And I have a 1927 Walking Liberty in really nice condition. I also have some 2013 gold Maple Leafs in mint condition still in the original plastic.

I noticed that Great Panther Silver mines, in Mexico, symbol GPL, has hit lower grade, meaning less silver per tonne of rock. With mining cost the same or higher they cant take the hit well. Some have suggested if they report a loss for the 2nd Quarter they may shut down. That would be significant.
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Old 07-18-2013, 08:19 PM   #15
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U.S. Silver & Gold mining was able to cut cost and increase silver production earlier in the year, but it was not enough. Now they are shutting down operations in the third quarter. The high grade silver in their mines will be a blow to silver availability. The CEO and board are taking a 20% cut in pay. http://world.einnews.com/article/159...Q9B2F9_zZAusP8

Alexco announces plans to shut their mines in October. http://www.mineweb.com/mineweb/conte...8109&sn=Detail

Galena silver mine cutting workforce by a third. http://www.spokesman.com/stories/201...ce-by-a-third/

Mining companies have been burning through reserve cash to stay open. Citi has said that none of the mines under their watch will produce a profit in the 4Q. The industry is beginning to topple. Some say the government is trying to close the mines so they can take them over. Sooner or later something has to give. Im thinking November or December.
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Old 07-18-2013, 08:42 PM   #16
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We got gold and silver from the copper mine for almost 60 yrs . The copper pay the overhead and the gold and silver they skim off the copper is 100% profit . Mining for gold or silver only was never profitable till gold and silver jumped sky high in price about 25 yrs ago .
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Old 07-22-2013, 10:26 AM   #17
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I'm mentioning this because it's very significant for all of us. In my post above on 07/10 I listed a link that predicted and showed the first day of the coming collapse. In the video they predicted that China would announce they are turning their back on the U.S. Dollar and no longer recognizing the Dollar as the reserve currency in international transactions, as agreed by 44 nations in the Bretton Woods conference 07/22/1944, exactly 69 years ago today. The video predicts the announcement by China would be the trigger that begins the global collapse by causing the Dollars demise.

It has now been reported by news media that China is preparing to do just that. The report is not confirmed of course and cannot be until China makes the announcement. But the fact that any news agency would make such a report is one more step, amd a big step, to the coming of that event.

China has been preparing for years to make itself the safety net to catch the global economy, and their currency, the Yaun, to be the new global reserve currency which will be backed by gold. They have already made agreements with Russia, England, Japan and at least a dozen other countries throughout Europre, Asia and the world to skip the Dollar and trade in their own currencies, or gold. They have been the worlds largest buyer of gold surpassing even India buying litterly thousands of tons of gold, and silver, and now have all their ducks in a row.

This morning gold and especially silver has jumped up at the opening of trading. Silver was up a dollar an oz before noon eastern time. The ratio of gold to silver hit 1 to 67 on friday and is 1 to 65 today. If it continued to move at that rate everyday, silver price would be equal to that of gold in one month. The door to being able to buy gold or silver is closing quickly.

http://rbth.asia/business/2013/07/17...old_47997.html
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Old 07-22-2013, 11:29 AM   #18
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Right now I'm buying other metals.............lead and brass.
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Old 07-22-2013, 12:39 PM   #19
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I go to kitco to check gold and silver prices on there live charts or you can go back to 1985 or more .

http://www.kitco.com/charts/livesilver.html
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Old 07-22-2013, 09:42 PM   #20
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I go to kitco to check gold and silver prices on there live charts or you can go back to 1985 or more .

http://www.kitco.com/charts/livesilver.html
I too have been watching Kitco charts everyday for 14 years. But the Historical Price charts do not chart our market, they chart the London Fix Price which is different.

For instance, Kitco live charts shows our price for Fridays close at $19.525 and the close for today(Monday) at $20.54 so an increase of just over a dollar for today. But if you go to the Historical Price charts for July you see the London Fix Price for Friday as $19.40 and today as $19.90 an increase of only half that of our markets, the NYMex and the NYGlobex. Both charts are given in US Dollars.

But the Historical Price charts or still useful as an indicator of the general direction of price movements and amounts in general.
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