Has 90% Junk Silver Disappeared?

[neilgin1]

I apologize for taking this thread off topic.

some of the above posts, I would dearly love to discuss, but unveiling my view of the current situation this nation is in, wouldn't be fruitful, nor would it be germane to the onus of this section.

I will try very very hard in the future NOT to go off topic, n.

[plus1hdcp]

I apologize for taking this thread off topic.

some of the above posts, I would dearly love to discuss, but unveiling my view of the current situation this nation is in, wouldn't be fruitful, nor would it be germane to the onus of this section.

I will try very very hard in the future NOT to go off topic, n.

Off topic or not, I enjoyed reading your sidebar.

[Treetop]

The mindset portrayed here will ensure the nations future is failure every bit as much as the entitlement minded. History shows us clearly complex cultures have trouble adapting through abrupt change. Food being the biggest issue. Ive been told I was an idealist on here before by people who would let their ideals allow most of the nation to starve to death if the choice was theirs.

[neilgin1]

I apologize for taking this thread off topic.

some of the above posts, I would dearly love to discuss, but unveiling my view of the current situation this nation is in, wouldn't be fruitful, nor would it be germane to the onus of this section.

I will try very very hard in the future NOT to go off topic, n.

Off topic or not, I enjoyed reading your sidebar.

thank you sir......or should I say "Go Vol's!!!!"...

[neilgin1]

The mindset portrayed here will ensure the nations future is failure every bit as much as the entitlement minded. History shows us clearly complex cultures have trouble adapting through abrupt change. Food being the biggest issue. Ive been told I was an idealist on here before by people who would let their ideals allow most of the nation to starve to death if the choice was theirs.

whoa!....Tree, whats that?.....you're assuming what my worldview is, at least that's the way it seems, if that post was directed at me.

Brother, I have lovingly given away more food to the hungry than you could imagine....and I spent a lot of my own childhood hungry, and ill clothed, so right now i'm fighting the emotion of being cross with you.....I fight I shall win....coz love conquers all. n.

[aloneibreak]

The mindset portrayed here will ensure the nations future is failure every bit as much as the entitlement minded. History shows us clearly complex cultures have trouble adapting through abrupt change. Food being the biggest issue. Ive been told I was an idealist on here before by people who would let their ideals allow most of the nation to starve to death if the choice was theirs.

whoa!....Tree, whats that?.....you're assuming what my worldview is, at least that's the way it seems, if that post was directed at me.

Brother, I have lovingly given away more food to the hungry than you could imagine....and I spent a lot of my own childhood hungry, and ill clothed, so right now i'm fighting the emotion of being cross with you.....I fight I shall win....coz love conquers all. n.

directed more at me I assume...

I sincerely hope, zac, that in the case of a major food shortage, people would come together as you say and help support each other

and I've helped countless people with food, money, labor, time etc...

all of who were genuinely struggling even sometimes due to their own poor choices

but I'll stand by my view that people who REFUSE to work shouldn't eat off the hard work of others

I know I'm not alone in that viewpoint

[InfleXion]

No question in my mind, the future prosperity of this nation will depend on the charity of those who had enough foresight to plan ahead.

[Treetop]

The mindset portrayed here will ensure the nations future is failure every bit as much as the entitlement minded. History shows us clearly complex cultures have trouble adapting through abrupt change. Food being the biggest issue. Ive been told I was an idealist on here before by people who would let their ideals allow most of the nation to starve to death if the choice was theirs.

whoa!....Tree, whats that?.....you're assuming what my worldview is, at least that's the way it seems, if that post was directed at me.

Brother, I have lovingly given away more food to the hungry than you could imagine....and I spent a lot of my own childhood hungry, and ill clothed, so right now i'm fighting the emotion of being cross with you.....I fight I shall win....coz love conquers all. n.

directed more at me I assume...

I sincerely hope, zac, that in the case of a major food shortage, people would come together as you say and help support each other

and I've helped countless people with food, money, labor, time etc...

all of who were genuinely struggling even sometimes due to their own poor choices

but I'll stand by my view that people who REFUSE to work shouldn't eat off the hard work of others

I know I'm not alone in that viewpoint

Meant both of you, neil is the one who has called me an idealist in some long past post. Also the one who first brought up NDAA and said "and all the fly over states that produce the food of this nation, are just going to roll over and say "yes massa", when the gummit comes to grab?" Which is designed to attempt to ensure we have food as a nation through major emergencies that would otherwise halt or thwart largescale food production. As someone who is decently well read in history and food production I find it one of the few desirable laws we have made past the constitution. abrupt changes put complex cultures on their knees mainly because of food. We live in an age an EMP and several other things could do just that. without such a plan how much food would there be for the next season assuming we got no outside help? enough for 10% of our 300million? 5%? We had a variation of this law throughout the whole cold war, for good reason. Gee maybe every man for himself is better and history shows us that would then include the starving military folks whom still had the past states weapons of war turned onto those who still managed to eat anyway, gee maybe that would be better.

[Rosco]

If we a able to limp along an together able to distribute Food and Supplies Yes. But If SHTF THEN I will try to
feed Family first, you cannot EAT your Seed Corn an help anyone tomorrow.

[neilgin1]

Meant both of you, neil is the one who has called me an idealist in some long past post. Also the one who first brought up NDAA and said "and all the fly over states that produce the food of this nation, are just going to roll over and say "yes massa", when the gummit comes to grab?" Which is designed to attempt to ensure we have food as a nation through major emergencies that would otherwise halt or thwart largescale food production. As someone who is decently well read in history and food production I find it one of the few desirable laws we have made past the constitution. abrupt changes put complex cultures on their knees mainly because of food. We live in an age an EMP and several other things could do just that. without such a plan how much food would there be for the next season assuming we got no outside help? enough for 10% of our 300million? 5%? We had a variation of this law throughout the whole cold war, for good reason. Gee maybe every man for himself is better and history shows us that would then include the starving military folks whom still had the past states weapons of war turned onto those who still managed to eat anyway, gee maybe that would be better.

ohhh, okay, "meant both of us"...listen bud, I don't do drama, unless I gets me a paycheck, and I just checked the mailbox out front....and there was nothing from you, so that's the end of my participation in this cyber drama. WOMEN do drama for free, men don't, at least not this man, and IF I did term you an "idealist", that was a compliment. as far as ongoing discussions about programs, authorization acts, phony boogermen weaponry designed to scare ordinary citizens......nah, i'm out, we've already set off enough bells and whistles in windowless rooms in this surveillance state somewhere....so, you have a good evening, be blessed and sleep well, and I don't write that snarkily, I mean it, be blessed, neil

[johnbrickner]

<snip> History shows us clearly complex cultures have trouble adapting through abrupt change. Food being the biggest issue.<snip>

Why I advocate decentralizing/de-complexing our culture to the community level with an emphasis on self-reliance/sufficiency.

[aloneibreak]

i really feel that the DURATION of this low, rather than cost per ounce will determine when the 90% shortage rights itself

folks say theyre not selling, but come black friday/christmastime if prices are still suppressed , i believe there'll be silver hitting the market again

[beauanderos]

i really feel that the DURATION of this low, rather than cost per ounce will determine when the 90% shortage rights itself

folks say theyre not selling, but come black friday/christmastime if prices are still suppressed , i believe there'll be silver hitting the market again

for that to be true, the now falsely produced low will have to become the new paradigm, that induces a new normalcy bias (that prices will NEVER improve), thus
inducing the weakest hands at that time to washout. How many of us will continue to stack if prices remain sideways for another four years?

[NHsorter]

How many of us will continue to stack if prices remain sideways for another four years?

ME! ME! ME! ME! [Hand Raised]

[Recyclersteve]

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

I operate under the "four legged chair" theory.......meaning you got to cover the three "B's" (beans bullets band-aids) PLUS the stack.

If three of the legs are beans, bullets and bandaids, is the fourth one bullion?

[neilgin1]

I operate under the "four legged chair" theory.......meaning you got to cover the three "B's" (beans bullets band-aids) PLUS the stack.

If three of the legs are beans, bullets and bandaids, is the fourth one bullion?

yes sir, precisely.....I also include a lot of 95% copper pennies, and "bricks" ($100FV) of 75/25 nickels...(the 25% being nickel)....and as far as the Ag? myself?....I prefer that all coins, whether 90%'ers, or .999's (and .9999 Maples) say on them "United States of America" on them ( Canada on the Maples to me is okay too)...I don't like bars or rounds, but that's just me.

I want to also say, good old Nate from the Copper cave has done a great thing for stackers, facing the ever growing counterfeit Ag problem, he's configured a new website and resource, FakeBullion.com.....which will educate stackers in discerning the counterfeits, which is INVALUABLE....here's the thread:
viewtopic.php?f=64&t=34935

now remember Nate had to reach into his own wallet to purchase these pieces of sh......junk. I believe we should honor that service to our community.Voluntary selfless service to others is probably one of the highest attributes a person could take on, imo.

[silverstacker]

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.

That's exactly the route I'm taking. Only a little bit but enough to to pay for rebalancing

[Catfish4u]

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

I operate under the "four legged chair" theory.......meaning you got to cover the three "B's" (beans bullets band-aids) PLUS the stack.

If three of the legs are beans, bullets and bandaids, is the fourth one bullion?

My chair has five legs: Beans, bullets, band-aids, bullion AND booze!

[InfleXion]

Don't forget the butter!

[scyther]

I said $20. Why? Because 90% isn't safe. Too much of it is fake. I'd rather have something direct from the mint, in its original tube, bought the same year it was made (so there was less time to make fakes of it) that I know (with as high degree of certainty as possible) doesn't come from a factory in China. Junk silver is a really nice idea, but sadly I don't think it's a smart way to buy silver these days.

I have very little silver compared to most people here (less than some of you buy per week) so I don't have a good reason to sell... I just hold and wait... but if prices went up a good bit, I'd absolutely unload some junk I'm less than fully confident in.

[InfleXion]

I said $20. Why? Because 90% isn't safe. Too much of it is fake. I'd rather have something direct from the mint, in its original tube, bought the same year it was made (so there was less time to make fakes of it) that I know (with as high degree of certainty as possible) doesn't come from a factory in China. Junk silver is a really nice idea, but sadly I don't think it's a smart way to buy silver these days.

I have very little silver compared to most people here (less than some of you buy per week) so I don't have a good reason to sell... I just hold and wait... but if prices went up a good bit, I'd absolutely unload some junk I'm less than fully confident in.

I would also unload any junk I wasn't confident in.. maybe a few I could look over again now that I think about it Thankfully I purchased a lot of mine before the fakes were mass produced. Still, I don't think junk will ever be hard to sell because the average consumer isn't going to be as worried about fakes as someone who pays attention to how many are out there. I suppose I wouldn't be as fond of junk in a barter situation as I would be using chunks of 999 fine at the desired weight, unless I felt very confident in my ability to spot a fake. Either way I like 90% as an investment because the supply will only continue to decrease.

[wheeler_dealer]

Just back from shopping. First visit to a recommended shop (reputable). ASE's $4.00 to $5.00 over spot on common. No 90% at all, can't keep it in stock. Had few 100 oz bars. I didn't ask price. (i can imagine 3 to 4 over).
Left there and ventured into the "city", first pawn shop only buys won't sell, second pawn shop, same thing.
Third stop, pawn shop buzzed me in. I found small amount of 90%, 2015 ASE few available at $4.00 over spot , what 90% they had was 14 to 15 times face. Few Morgan at $20.00 and up.
No generic rounds or bars.

[Doctor Steuss]

Nice little Cliff Notes version of current 90% premiums:

http://www.junksilverbook.com/?p=37

[neilgin1]

Nice little Cliff Notes version of current 90% premiums:

http://www.junksilverbook.com/?p=37

nice! I bought that book for my son, as a primer, for when he inherits the stack....its a neat primer. Thank you sir.

[Recyclersteve]

Very interesting commentary on the junk silver premiums. I knew they were high, but didn't realize it was THAT high.