beauanderos wrote:I've heard it said that the current scarcity of ninety percent junk silver is merely that LCS are holding back stock as they
prefer not to sell at these prices, or that "strong hands" are unwilling to sell at any price. But we all know there are those
who buy silver, not as insurance, but for quick fiat profits.
Here's the question... right now you just aren't seeing much junk silver listed.
At what price will melt need to rise to in order for the junk listings to start popping up again?
TXBullion wrote:I still have some 90% that I think is 24xface but some its most full weight or au / bu coin with some older date. Not very much but I would prefer not to part with it under any price , well maybe would start considering 100 FV IF I could find a relatively better place I felt I could put the money to use at that time.
beauanderos wrote:TXBullion wrote:I still have some 90% that I think is 24xface but some its most full weight or au / bu coin with some older date. Not very much but I would prefer not to part with it under any price , well maybe would start considering 100 FV IF I could find a relatively better place I felt I could put the money to use at that time.
I will trickle sell some into the market at much higher prices, but only to eliminate any remaining debt that I might still have. If you see me post a sale, it only means I'm rebalancing my stack in some fashion.
beauanderos wrote:Now, old dependable... Provident Metals has run out of ninety percent junk as well. They only have Walker halves in stock and want 15.95X for a roll
http://www.providentmetals.com/bullion/silver/us-slv/90-slv.html
InfleXion wrote:I would consider some profit taking at $50/oz, although I would probably still sit and wait because if it breaks $50 then it could be heading to $75 based on fibonacci sequences. So somewhere in that range I would consider selling my least favorite silver in my stack for profit taking and immediate re-investment in something else such as a car or some other tangible asset I could make use of, but I am not selling my junk silver because they don't make it anymore.
neilgin1 wrote:InfleXion wrote:I would consider some profit taking at $50/oz, although I would probably still sit and wait because if it breaks $50 then it could be heading to $75 based on fibonacci sequences. So somewhere in that range I would consider selling my least favorite silver in my stack for profit taking and immediate re-investment in something else such as a car or some other tangible asset I could make use of, but I am not selling my junk silver because they don't make it anymore.
Flex,
as you can tell, via our dialogues, I have great respect for you.
let me say this, I see a day, cant tell you the exact timing, when a $50 bill will be worth, (in todays value) somewhere between one cent and five cents.....and that's me being 'generous', meaning it could be as low as .001 of a cent.
call me crazy, its been done before, but I believe that "normalcy bias" is a dreadful virus, to be resisted at all costs. Which is why..(and don't laugh) I think that the fictional new series "Fear the Walking Dead", of which I JUST watched episode 2, is valuable in the sense that one gets a taste of how things will play out, when the wheels fall off........and I am NOT saying "zombie apocalypse" is an coming thing...(lol)....what I am saying is that, in this episode and the first, the main characters see small signs of SOMETHING dreadfully wrong, yet they cant wrap their minds around this dread event, and have to go thru a very hairy learning curve.
while many parts of the world are literal hellholes, and people lead short brutal lives, we Americans take our 1st world amenities as almost a birthright......normalcy bias, when in fact, a storm of unimaginable proportions looms on the horizon, and yet most of our countrymen continue to ignore the signs, and just revel in their entertainments, free porn, cheap food and gas, fancy clothing, etc etc etc......just like children dancing underneath a smoking Vesuvius in the background, until that pyroclastic wave of fire hit them in a matter of minutes.......you can even see the outlines of their bodies encased in the town of Pompeii, when the volcano blew in 79 AD.
there's a storm coming.
brace.
of all the recent apocalyptic genre films, say post 9/11, I believe the film "Take Shelter", is the best, because the director Nichols "paints" in very subtle brushstrokes, no drooling monsters or zombies, or flaming asteroids, and the only time it really gets "heavy" is this scene when the main character "Curtis" is attacked by his workmate, due to a personal conflict, and Curtis just explodes, when throughout the film his character has been very soft spoken. as a film making note, the extras in this Lions Club dinner scene, did not know Michael Shanahan was going to explode like he did in this scene, so the B and C cameras were tasked to pick up close ups of regular folks, REALLY in shock.....it was very smart film making trick, because extras don't realize the key to professional "acting" is NOT to "act", but just to BE.
great film, I recommend it highly. "Take Shelter".
Treetop wrote:I thought take shelter was pretty lame myself. Put his family at risk because of a feeling, could have prepped without doing that. He left his families future more uncertain then ever, exact opposite of his goal.
beauanderos wrote:Now, old dependable... Provident Metals has run out of ninety percent junk as well. They only have Walker halves in stock and want 15.95X for a roll
http://www.providentmetals.com/bullion/silver/us-slv/90-slv.html
Doctor Steuss wrote:beauanderos wrote:Now, old dependable... Provident Metals has run out of ninety percent junk as well. They only have Walker halves in stock and want 15.95X for a roll
http://www.providentmetals.com/bullion/silver/us-slv/90-slv.html
Monarch has a single roll of Washingtons, at 14.68X, and a couple rolls of Roosies for 14.82X. If you've got an itch that absolutely must be scratched (at any cost).
neilgin1 wrote:
You mentioned that in the film "Curtis" left his families future "more uncertain than ever", and the use of the word, "uncertain" is interesting to me, because "normalcy bias" is the illusion that this life, or people's future is certain, that we continue in the paradigm we've built, which is petro-world.....a world that takes ten calories of energy to make one calorie of food.....normalcy bias is the utter refusal to accept that such a paradigm is highly uncertain, just as our own lives are also uncertain. That's what I was trying to say.
Treetop wrote:Peak oil or not, our country can readily feed itself on less land and the world can produce as much or more food from the same land. Knowledge to do so is proven. It will just take alot more labor and thus cost more. We can produce much more from less if we tweak our entire mindset away from near full reliance on annual crops. Something many here are indeed working on, including myself. (Id already be able to show you if I was a bit wealthier, a bit slow going commercial, but Ill get there) Also lots of work was done on this in the semi recent past, then tabled. I can go in depth on the myriad of ways we could continue current levels or expand on them if you like. Ive debated this with people at all levels of the supply chain from farmers to people at the USDA to those breeding next generations seeds, all agree in the end btw...Numbers dont lie. Most other models just dont compete on price with the current so are sidelines and ignored. Ingenuity my friend. compartmentalized knowledge allows us to think our current model is the only or best way, its just the cheapest to maintain assuming you have oil. We even have more then enough people out of work to be sure we have enough labor if such a change is forced, but I doubt it will come to that level in my lifetime. should be atleast enough to run our tractors, fertilizing will be more likely to change, pesticides etc. Also longer term expect robots to take over, peak oil or not. Those working on this behind the scenes arent messing around.
"are just going to roll over and say "yes massa", when the gummit comes to grab?"
step back a bit neil. In the same paragraph you mentioned how far urban areas are removed from food production. You want them all to starve? TPTB built en empire, they might want to ensure they stay on top but they dont want their empire to die. With a little central planning, and low enough levels of chaos it can be contained, no one will go hungry for long. Even with lower yields then current. Who will support large land owners not letting their lands be used? Assuming it is temporary, just to get through transitional periods. Left loves central planning and the right remembers well the sacrifices of "the greatest generation" during ww2. This is a nation that took food off of most american plates to help a larger struggle, with a smile and pride in their hearts. Most will go right along with it, to ensure the nations future in most scenarios. The few percent who wont will be unlikely to fare well I expect. As for age of farmers, you need knowledge to manage one well, but to do the actual work, could train new people en masse in short order with good results if you had knowledgeable people showing them what to do. Id run a tractor a few seasons to help my neighbors if I was in a place it would help. Instead Ill be showing people how to use things relevant to this area.
My more conspiracy minded self sometimes wonders if people are lead to relate to these things in certain ways so the more radical mindsets left and right can be culled while the rest of society cheers it on, since they are doing things that could make us ALL fail.
neilgin1 wrote:and just one more thing......when I read a certain company...whatever it is, boasts about being the "largest"?...it trips off an opposite reaction in me.
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