Price of Silver! You Gotta Hear This!!

Discussion in 'Bullion Investing' started by fretboard, Oct 3, 2020.

  1. fretboard

    fretboard Defender of Old Coinage!

    I won't waste anyone's time on this at all. I've never heard of this Youtuber ever! Listen to his prediction from 2:30 and watch the guy on the right who is talking to him. Quite amusing!! :D

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  3. slackaction1

    slackaction1 Supporter! Supporter

    cousin of meza
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    His headphones are on too tight
    Stevearino likes this.
  5. -jeffB

    -jeffB Greshams LEO Supporter

    Problem is, if I keep clicking on these videos, YouTube and Google will decide I need to see more of the same. I don't like watching videos to start with, and I sure don't like doing the incognito dance to do it.

    Anybody care to post the punchline?
    Dynoking, Stevearino and midas1 like this.
  6. fretboard

    fretboard Defender of Old Coinage!

    Yeah, I think it's worse than that! :D
  7. slackaction1

    slackaction1 Supporter! Supporter

    The price of silver may have dropped a few digits but the premiums have not.. I was looking for some silver bars and for the 1 oz bars was 29.00 and a 10oz bar 300.00. There were other sites and Individuals wanting a little less.. well lets jus say they were in the neighborhood of 29.00.. have not purchased much since the rise and fall of Silver... 26.00 to 30. for the common Morgans waiting impatiently..
    Last edited: Oct 8, 2020
  8. beaver96

    beaver96 Well-Known Member

    I've switched from stacking to working on my type set until premiums come back down. But as long as people are buying I don't expect them to drop.
    slackaction1 likes this.
  9. slackaction1

    slackaction1 Supporter! Supporter

    I X-over to Commemorative.
  10. Cheech9712

    Cheech9712 Every thing is a guess

    Why do you do this to us. Not even interesting
    Jeffjay likes this.
  11. Brian Calvert

    Brian Calvert Active Member

    Listen to All Arcadia Economic video's. As with every video, news, etc. there are ALWAYS outliers whom see things very very different.
    I think it impossible to see $200.00 within 5 years due to the use of Silver and growing use in Solar, Electronics... We will one day be short of EASY silver just like EASY Oil.
  12. -jeffB

    -jeffB Greshams LEO Supporter

    Maybe, but.

    Yeah, we're using up oil -- but we're also moving to alternative energy sources, which is reducing demand. Petroleum is an amazing raw material for chemical feedstocks, and it strikes me as borderline criminal to just burn it for heat (fuel) instead of conserving it for more specialized uses.

    Silver is similar. When the photographic film industry collapsed, it drastically cut demand for silver. Yes, there are still things silver's especially good for, but the more expensive it gets, the harder people look for alternatives. And there are lots of alternatives.
    midas1 likes this.
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