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 Replies: 5,643 / Views: 459,442 |
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Bedrock of the Community
United States
36746 Posts |
Quote:
You gotta wonder where the general population "learned" this "silver & gold is bad / paper money is good" mentality. 1. The Media 2. Investment Advisers (paper pushers making commissions on junk paper). Lately the media has been calling silver the "devils metal". |
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Bedrock of the Community
United States
36746 Posts |
Quote:
This is our reality now and I am not sure there is an escape from it. More people will wake up, hope it is sooner than later. Only a complete reset of the system will fix this. I do believe that is their plan. Fiat systems only last 50-60 years. We are past that. Let's hope it is a gold/commodities backed system and not CBDC. BRICS is pushing for commodities, EU wants CBDC. Where will we be taken? |
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Bedrock of the Community
United States
11890 Posts |
Does anyone have visibility into how the buy/sell premiums are moving as the metals shrink 8% today?
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Bedrock of the Community
United States
11890 Posts |
APMEX is offering BU silver eagles for sale at $85.37 and $79.50 for cull silver eagles. No price drop on any silver eagles today as silver drops from $80 to $72.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Valued Member
United States
314 Posts |
Argentina has defaulted on their debt 9 times. "Resets" solved nothing for them.
These are some of the current "resets" in progress:
Ongoing Major Programs
Countries with significant outstanding IMF credit or active reviews as of late 2025 include:
Argentina: Largest debtor at ~$57 billion, new $20 billion program.
Egypt: $8 billion EFF (ongoing reviews in December 2025 for $2.5 billion more).
Ukraine: ~$14 billion outstanding.
Ghana: $3 billion program, fifth tranche staff agreement (April 2025 for $370 million).
Others: Precautionary lines for Chile, Colombia, Jamaica, Mexico, Morocco; new concessional for Ethiopia, Gambia, Liberia, Madagascar, Sierra Leone, Togo.
None of the "resets" involve gold or silver or bitcoin. The resets involve the same old same old, refinance and extend some of the debt, forgive some debt and a good slug of austerity.
Edited by glenmorenee
12/29/2025 4:31 pm
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Pillar of the Community
United States
1098 Posts |
Quote:
Does anyone have visibility into how the buy/sell premiums are moving as the metals shrink 8% today?
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No price drop on any silver eagles today as silver drops from $80 to $72. Not sure if it's related but here's the news I heard: "last night The CME Group responded to the run up in silver by putting out a margin call, increasing margin requirements for silver futures by about 25%, demanding more capital from traders to hold positions. Price Correction: This margin hike, coupled with year-end tax selling and strong dollar pressures, triggered a sharp pullback as leveraged speculators were forced to sell, adding downward pressure." However, I was watching SLV trade today, and it put in what's known as a double bottom chart pattern, then it rebounded up before the close. That's a bearish to bullish signal. This price action is very telling. It's potentially saying that the drop caused by the margin call is merely a hiccup. And not enough to stop this freight train. Maybe APMEX and other's realized the upward trend #128200; might resume, hence why the price on eagles didn't drop? |
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Moderator
 United States
188660 Posts |
I believe that if physical inventory is a problem, ASE prices are going to stay high until the price stabilizes. |
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Pillar of the Community
United States
1098 Posts |
Silver is acting like yesterday's dump never even happened.
Platinum recovered $112 an ounce.
What a time to be alive.
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Moderator
United States
188660 Posts |
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Silver is acting like yesterday's dump never even happened.  Quote:
What a time to be alive. Indeed!  |
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Pillar of the Community
United States
1098 Posts |
Quote:I believe that if physical inventory is a problem, ASE prices are going to stay high until the price stabilizes. Yes, and this will be interesting to see if they start to run "out of stock" on some items. I heard a coin dealer on YT yesterday mention that he was still waiting for delivery of his Monster Box order of Silver Eagles. He said that when he called his supplier to find out when they might arrive, they said around late January.  |
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Moderator
United States
188660 Posts |
Quote:
I heard a coin dealer on YT yesterday mention that he was still waiting for delivery of his Monster Box order of Silver Eagles. He said that when he called his supplier to find out when they might arrive, they said around late January. I wonder if in late January the then say late March...  |
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Bedrock of the Community
United States
36746 Posts |
All I can say is that I am so glad I am sitting on a pile of silver and not having to go out and trying to buy some now.
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Moderator
United States
188660 Posts |
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All I can say is that I am so glad I am sitting on a pile of silver and not having to go out and trying to buy some now.  |
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Pillar of the Community
 United States
5185 Posts |
Quote:
Argentina has defaulted on their debt 9 times. "Resets" solved nothing for them. Indeed. The political situation is much more important than the location of the country, or having natural resources or not. |
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Bedrock of the Community
United States
36746 Posts |
Quote:
Argentina has defaulted on their debt 9 times. "Resets" solved nothing for them. All they did was replace fiat money with new fiat money. Currency has to be backed by something for it to have value. Maybe that's why Central Banks have been heavy buyers of gold. A world wide reset is coming and no one has faith in fiat currency anymore. |
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Replies: 5,643 / Views: 459,442 |
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Posted 12/29/2025 2:34 pm
