Do you think the US government will confiscate and revalue gold like they did in 1933?
Total Voters: 36
Loading ...Wall Street Mav
@WallStreetMav
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10m
Lots of people are talking silver mining stocks lately.
Most of the stocks being mentioned as “silver miners” are not mining much silver. They mine gold or lead or zinc or copper, with a small portion being silver.
Or they are exploration companies that don’t mine anything.
There are perhaps 5 stocks that actually mine silver and it represents more than 50% of revenue.
This is where my Schwab real-time quote system goes haywire, and the bids/ask of SLV start going all over the place. This is also where they like to start testing the stops and softening up the metals before the Crimex opens. Anything they can do to stop the momentum.
Shanghai pm fix dropped a little to $103.57 I’m surprised we’re doing as well as we are.
The dollar is down almost 1% with rates higher. Not supposed to work that way. More trouble in bond land?
Good to see you’re fighting the good fight.
“HODL bro,” they type through tears,
As gold and silver leave the peers.
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Just real weight… and moonward skies.
I miss Wanka and many others
Wish they could be with us
On ward Pilgrims
Winedoc
I guess every day is a test, but usually it’s a test for our patience with them.
PM shareholders are waking up to portfolio’s up around 5%. I really hope they can hold up, especially in a weak SM. Hopefully it will turn out to be the beginning of the real bull market, where the shares provide leverage to the metal price. They did it back in 2001-02 when the HUI ran to 600 the first time from 35. I’ll never forget it because we had to hear from “ment” about how his mother-in-law’s account made so much money because he bought at 35.
I guess if there’s one thing that pm’s have made me aware of – it’s my age, and just how long I’ve been riding this train. This is “the blessed hope” of every gold bug. Some of us didn’t live to see it. Wanka, floridagold, Farmboy?, Some old names. This is where we square up with the phony markets by holding “real stuff.” this is where the music stops and we take a seat.
Let’s hope “THIS IS IT!” as Wanka used to say.
10 yr. here also up to 4.28% was 4.13% last week. Dollar getting hit as well. They are piling into the Euro and Sterling – good luck with that.
PM shares are blowing up on the Globex, as the SM gaps down. No doubt they’ll hit the sell button on pm’s at the open to see if they can tamp things down with the SM.
Silver $95.50. Gold $4730 – What’s not to like?
I’m sure I’ll change my tune at the open. 🙂
JGB yields. Vertical. New PM says “Print, print, print”.
Rates rising. Now 4.27%
Gold is the lone superstar and silver still maintaining most of yesterday’s gains.
Greenland?
You should watch this especially near end. Tarriffs over Greenland start Feb. 1.
Prices could possibly go so high for silver it calls for looking for alternatives
.
Pretty good.
Eagles are 116.49 before taxes not free certified depending how much cert or just free. If I didn’t stop buying right now I wouldn’t be mentioning it on line.
Yep at Provident eagles are 105.25 if with a card, 102 via check before tax if your state taxes. If only buying less than 20. I’m guessing people are not going to send checks in this climate but order fast as they can. I’m surprised at the price of copper. Heard back I bought a pound bar for near 10 dollars. Now they want about 22 across different online dealers when prove let pound is less than 6 dollars. Its like they’re selling futures prices but it’s sold anyway but I wouldn’t buy it for that.
You beat my last price bought with premium and taxes free certified shipping of 80 for about 14 maples at Provident metals. But for a graduation. So they’re over 100 now? Hopefully they’ll hide them away.
I saw on some comments on a PM video in Canada the maples were going for 140 something a few days ago. I think it was the billion dealer I posted. He said that dealers are having a hard time getting orders filled and had to stop selling.
I admit I paid too much recently when I got three 2026 silver eagles for grad gifts from APMEX on eBay. But the point is, I have them already in-hand, and if I waited until graduation season the price will be MUCH higher. I paid $106/each. APMEX is a reliable supplier, IMO, and they price in the eBay fee they must pay, too, so I don’t mind paying the premium now. What will the price be come june? This will look like a bargain then.
[Just like my five $39 Morgans look like now! lol ]
Maybe paper is pushing phyzz higher…🤔
I’m afraid with the volatility of the metal as far as stocks. They would have to learn what stocks to buy.. Not sure exactly what you meant with part not all the first paragraph. It would be easier for me to copy paste yours so I stAy out of it lol I haven’t talked to him much about gold stocks other than dead against it, he has equities and has done well. When he asked me for my email to send me some info on something yrs ago well my email has goldbug in it and got back via text a lol lol lol like I guess you really are a gold bug aren’t you. .
So I can say another gold bug wrote this. :).
It looks like D Hunter 20k gold 500 Silver is a 40 ratio. Depending on the demand of both it’s hard to say for sure ratios. As buying either gold or silver it looks about even, 50 50 lol For now anyways.
Re Yr Freind
Tell her to buy the shares, they are way undervalued vs the metal, …the metals now are at prices where swings of 20 % plus can easily be seen, maybe way more…..the shares will also move mightily, but the downside here, as long as the metals stay hi, ie around here, is pretty small.
The ratio’s can move 5 times back to old Hi’s while the shares do nothing……the metals still have a 5 times chance, ie Gold 20 K, Ag @ $ 500/…..those prices with a ration adjustmentm give a 25 multiple chance to the shares……she ain’t too late …she is just in time…..
Tks puts the Greenland arguement is a clear light….also if you look at the state of Europe, no way can the US trust Europe to ensure Greenland remains free.
On GoldTent nights, with charts aglow,
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Before the rush, before the tune,
They saw the path— to the silver moon.
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Met alot of good posters, along the way,
most have passed, before this day.
They spoke of ounces, weight, and time,
While paper kings still manipulated their lines.
Early voices, often lone,
Planting seeds in stubborn stone.
Some moved on, but never fade—
Their words still echo in each trade.
Ahead of trends, before the roar,
They lit the tent trail we’re walking more.
Not gone—just early. That’s the truth.
Legends age, but investment ideas are still rage.
