Forwarded from C Kyle
Been buying silver weekly at my LCS fairly consistently. These last few weeks have felt like a steal at ~$72 an oz, ironic since my average cost per oz was ~$27 last I checked.
Gas is a nightmare, though.
Gas is a nightmare, though.
Forwarded from X14
I don't know if anyone has already discussed this, but the Pentagon’s request for an unplanned $200 billion, combined with the economic fallout of this war on every country and the need to rebuild America’s munitions, planes, and military bases, makes high inflation almost inevitable thought deficit spending.
For now, precious metals miners are struggling because of the lack of available diesel. Even if they can get it, the extremely high price is eating into their margins, making it difficult to extract gold, silver, or platinum.
However, this situation is very positive for those who hold physical metals. With new supply severely restricted, the existing metal becomes significantly more valuable due to the reduced flow coming to market.
It remains a good time to dollar-cost average into physical silver and gold, as usual.
The only major caveat would be a severe deflationary event triggered by mass credit defaults and currency destruction. In such an environment, asset prices — including precious metals — would likely decline.
For now, precious metals miners are struggling because of the lack of available diesel. Even if they can get it, the extremely high price is eating into their margins, making it difficult to extract gold, silver, or platinum.
However, this situation is very positive for those who hold physical metals. With new supply severely restricted, the existing metal becomes significantly more valuable due to the reduced flow coming to market.
It remains a good time to dollar-cost average into physical silver and gold, as usual.
The only major caveat would be a severe deflationary event triggered by mass credit defaults and currency destruction. In such an environment, asset prices — including precious metals — would likely decline.
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Forwarded from Plissken
We stack silver for a few reasons.
-To preserve value in a durable form, that can be passed on to posterity forever. It connects us with our past, and our future.
-To deprive and put pressure on nefairious tech jews. Silver is a valuable small market commodity they use to construct weapons and surveillance used against us, as well as vital infrastructure.
-To insulate ourselves from currency manipulation, inflation, revaluation, and speculation.
-To engage in commerce with others who wish to operate outside the fake and gay jewish markets.
-Because hoarding treasure is fun and easy to do. Plus, we will use it to build the thousand year Reich.
-To preserve value in a durable form, that can be passed on to posterity forever. It connects us with our past, and our future.
-To deprive and put pressure on nefairious tech jews. Silver is a valuable small market commodity they use to construct weapons and surveillance used against us, as well as vital infrastructure.
-To insulate ourselves from currency manipulation, inflation, revaluation, and speculation.
-To engage in commerce with others who wish to operate outside the fake and gay jewish markets.
-Because hoarding treasure is fun and easy to do. Plus, we will use it to build the thousand year Reich.
Forwarded from It's Führer Friday o/
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⚡Silver Stackers⚡
If the grid went down tomorrow, only physical things will matter. t.me/SilverStackersSS
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Forwarded from 🛡 Phil
Probably one of the rarest collectibles - Blutorden Typ I / Blutorden 99% Silber
Forwarded from Pepe Agenter
Mussolini’s Silber Trumpet. Did not know of this one til today.
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