Transfer of Silver Based Wealth

Discussion in 'Bullion Investing' started by CoinBlazer, Feb 19, 2019.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

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  3. -jeffB

    -jeffB Greshams LEO Supporter

    But mining costs aren't fixed.

    Miners can also go from a profit to a loss with moves in fuel cost, equipment cost, or labor cost -- all of which are also subject to political forces, and all of which would go up in a broad inflationary scenarios, right?
     
  4. EdThelorax

    EdThelorax Well-Known Member

    Yes, that is what I was referring to here, as some of the cons of mining. Many miners are operating a loss at current prices.

     
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  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I am sure they have operating budget which allows some cushion
    especially when you know prices are constantly adjusting.
     
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  6. RICHARD K

    RICHARD K MISTY & SASHA

    Stocks right now are way over valued I'm just waiting for the banksters to start taking profits then all the algorithm's kick in and auto sell . If this market goes higher it's only a matter of time until it crashes like always happens. Investors are going crazy buying /w margin, Not a good sign, Very bad things happen and it's not pretty. I dollar cost average in silver bullion, the ratio is really crazy @ 80+ to 1 on Gold. There was a time when silver was 10+ to 1 Silver right now is cheapest product and will always have value.
     
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