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… so you can pick it up … and put it into action … so get on it brothers and sisters … thank you Robin Williams.
Pay with cash whenever you can .., trade fiat for precious metals and real assets whenever possible … and get off the internet every which way you can … thank you Clint Eastwood.
Where is the demand for physical gold and silver in England coming from right now? Is it from a public that finally sees their privacy and financial security being stripped away from them in real time by their authoritarian government.
America is waking up to this evidenced in the rise of sound money initiatives, but we need more – faster – now, before it’s too late for you.
and that on that particular day it was up against the dollar.
It brought me some memories of a stock I used to watch/own, it’s actually an income fund. The symbol is FAX.
It holds government and corporate bonds in Asia, but mostly Australian assets if I remember correctly. The idea behind it (if I remember right), was that as the AUD strengthened the share price would rise.
Back then, which was 25 years ago, it was trading around $5 and paid a 6% dividend.
I just looked at it. It is currently trading at $15.55 but paying a 7.1% Â dividend. The divi is good because it is paid monthly. The obvious risk is a currency default. I suspect that if the dollar blows up, it will take all western currencies with it. I might grab some, if the AUD proceeds to strengthen against the dollar, the share price will go up. Seems like a pretty good bet to me at the moment considering where the AUD sits right now.
Was in a coin shop ystdy…they said, demand for all metals is good, but also plenty of supply, they are just very busy….no signs of a shortage and I asked specifically about silver….no they said they can get all the silver they want….we are talking small bars etc. They are basically selling all Au and Ag that comes in….but some to new buyers….
That said the diff between london and Crimex is real…which says London has a problem, as Crimex Oct settled at 51.07 where spot was 53.05
Would it be too fanciful to imagine that the industry is letting enough metal out to keep punters happy, but can’t hide the problem for orders of serious vol.
As for the Perth Mint, they were caught out, not having the metal in non allocated accounts, but still charging the interest…as were I think Wells Fargo and probably every bank that operated a non – allocated account scheme, though they weren’t caught….
I wondered if calls for delivery by paper traders who sold what they didn’t have to draw down the price had anything to do with the pressure to make more although I didn’t put it that way and yes it is having a effect combined with a plethora of other things. Declining grade. Peak silver?
. Delivery calls deplete physical inventory
Futures market pressure:Â A call for delivery occurs when a trader on a futures exchange, such as the COMEX, demands physical metal instead of cash to settle their contract.
Inventory drawdown:Â While some claims of exploding delivery volumes have been fact-checked and found to be exaggerated, physical silver delivery demand has been consistently high, putting pressure on existing inventories. As traders take physical possession, the pool of silver available in major vaults shrinks.Â
2. Supply deficit creates market stress
Multi-year imbalance:Â Global silver demand has outstripped supply for several consecutive years, consuming existing surpluses.
Mining limitations:Â The structural deficit persists because roughly 70% of silver is a byproduct of mining other metals, like copper and lead. This makes it difficult for producers to increase output quickly in response to higher silver prices.
Declining grades: Compounding the issue are declining ore grades at existing mines, which require more ore processing for the same amount of silver output
. Investment demand surges amid uncertainty
Safe-haven appeal:Â During periods of economic uncertainty, inflation, and geopolitical tension, investors flock to precious metals like silver as a safe haven.
Increased physical buying:Â Investment demand for physical silver, particularly bars and coins, has been exceptionally strong. Analysts project that investment demand will rise sharply and push prices to record levels.
silver-backed Exchange-Traded Funds (ETFs) has increased dramatically, forcing custodians to buy more physical silver to back new subscriptions.Â
4. Industrial demand remains robust
Green energy transition:Â Unlike gold, over 50% of silver’s annual demand is for industrial uses. It is a critical component in green technologies, such as solar panels and electric vehicle batteries.
5G and electronics:Â The expansion of 5G infrastructure and demand for modern electronics further drives silver consumption, as it is a crucial electrical conductor.
Relatively inelastic:Â Industrial demand for silver is relatively inelastic in the short term, meaning manufacturers will continue buying even at higher prices to avoid production disruptions.Â
5. Higher premiums reflect tightness in physical supply
Premiums for bars and coins: The scarcity of physical silver has caused premiums—the amount over the spot price—to rise for bars and coins.
Geographic price divergence:Â Tightness in the physical market has caused prices to diverge geographically. For example, traders have been air-freighting silver from Western vaults to Asian markets, where premiums are even higher.Â
Ultimately, these factors all contribute to the need for refiners and mints to make more silver bars and coins to meet both investment and delivery demands
I need to make a correction to treefrog when I started radiation I read somewhere but it’s not a issue. Only when they actually had radiation coffee once claim it was healthy back in time. Your going to be disappointed to find out the trees absorb the cadmium.
I checked to see if Hawaii if it was the same. Apparently the cacao trees absorb it. Then when processing using the sun outside lead from soil and dust can drop on the beans apparent sticky surface. That part may be prevented. Some foods can pull these metals out. Oats is one of them. Milk chocolate is safer.
lead and cadmium are the heavy metals most commonly found in chocolate beans, including those grown in Hawaii. Cadmium is absorbed from the soil by the cocoa plant, while lead can be deposited on the beans from dust and soil after harvest during the drying process. Other heavy metals like arsenic, nickel, and chromium can also be present.Â
Found online:
Many (U.S.-based) silver refiners and smelters are not accepting lower silver content coins such as 90% “junk silver” or sterling for refining, or have severely restricted these categories. This policy shift emerged in October 2025 in response to extreme demand for physical silver, which overwhelmed refinery capacity and forced processors to prioritize higher purity metals like .999 fine and .9999 fine bars and sovereign bullion coins. Refining lower-purity silver is more labor-intensive and costly, so refiners are cutting back on these less profitable categories.
Refining lower purity metals requires more resources and energy, which is untenable when backlogs are severe and rapid delivery of high-purity silver is prioritized.
I thought the same thing. First the refiners, then the Perth Mint and India, that will trickle down to coin shops.
I can see it in the prices the locals will pay for silver, even .999 which the refiners are still taking. Everything except eagles they pay well under spot.
Probably why the big banks never cover their shorts, they figure they have other ways to control the market. Hard to say when/if the general public will ever become net buyers.
The miners should take supply off the market to support the higher prices like Neumeyer has done at First Majestic, but they never have before.
A little quieter tonight. PPI’s scheduled to come out in the morning. Don’t know if they will because of the gov’t shutdown. Hotter numbers might bring out the sellers. We’ll see.
Grown in my back yard, which is a substrate of volcanic lava, with a thin mantle of organic material from chipped up trees and vines from this property over 30 years old. No industrial waste or activity here. No heavy metals. Some cacao farms here do well in crushed lava gravel with a thin layer of decomposing organics only a few inches thick.
Really, that might be a good buying op on the other side for buyers. I don’t have too much of those till that last few years for barter coins and barter gifts except key dates. Just in case wouldn’t want to buy bread or eggs with a silver eagle. If people need to sell them that’s a shame to sell them too low but they might be able to sell them on line on eBay or even Amazon because they’re being bought. When selling cools down it will probably pick back up for dealers. If I have a minute I’ll see if they’re buying them around here and for how much.
Posted by silver bullet
@ 23:42 on October 15, 2025
We are talking about two different things.. I’m referring to refiners in the United States that are refusing to take silver from local coin shops that is 90% 40% or any type of alloyed silver to melt… This is caused the local coin shops to refuse buying of that type of silver and or some of them now will buy constitutional silver, but for 50% of the Silver content because they cannot ship it to the refiner and get reimbursed…. That’s happening all across the country right now…
I’m stuck between helping one COVID to another on with specific supplements pre person plus few other things plus taking care of me,kinda plus tracking the charts but did find a little info. There are rumors going out if you dig for info For instance it appeared that it was a rumor that Perth Mint halted. It didn’t but orders could be delayed. It would probably take some time, money for equipment and experienced people that be a make them plus regulations to start up a new one.
Posted by silver bullet
@ 22:04 on October 15, 2025
I was thinking about the Disruption and the ability to convert a lot of silver and silver products into money because of a back up at the refiners… I haven’t Read much at all about this, but it just kind of dawned on me that this seems too coordinated a response to this recent Breakout…. This is supposedly a capitalist system we work in, and it would seem to me that someone would figure out a way to capitalize on this situation instead of restricting transactions…. Is it possible? This is the long arm of the banking industry, pulling out whatever stops they can try to throw a monkey wrench into this’situation… It just seems that the response was uniform across the board… Any comments?
His future aspirations are digital to aid anti cash for digital currency. Tokenizing everything including housing. So how does that work. Crypto gets hacked or sold the token value of your assets goes with it?
As the system continues in a direction that excludes so many especially the ones with nothing and nothing to lose it probably wouldn’t be a good idea to wear those rings in public at some point or expensive watches. I still remember my daughters husbands wife telling me when they were living in Brazil And liked it here doing christian work I mentioned before they were at a stop sign and the car in front of them had the driver’s side window open. With his left arm resting on it and probably should have noticed the men outside wandering around there pulled out a machete and cut his arm off just to get his wedding ring. And that was decades ago.
Another thing they did was block links. You had to copy paste it. Even then if they found it they’d delete it. Then people like the usual suspects wanted to make the info illegal going from misinformation to Malinformation. UK and England should take note they’re doing it to them now and if they can’t push them back it will get worse. They learned nothing in WW11, theyre just going about it different by importing it.
Tks….. Yes I did know cars are exempt from CGT….only problem is the 2nd hand/classic car mkt is very weak right now…so no worries about CGT….I just need more space….Great car that TR6….and I bet that merc is still a fine motor…that was when Merc made cars that went forever….I remember being in a Merc saloon that had over 200,000 miles, but had been maintained by the factory that owned it and it was like a new car.
Right on Musk but at the same time the awake was already awake and knew what they were up to. I was surprised to see the CEO defend the so called anti vaxers on free speech to the loser lefties in Congress aiding the coverup and witch hunts persecuting the truth about it when they wanted him to shut down info they were giving. Many were shadow banned FB jailed or threatened put on bottom of feeds because of them and got worse with Covid. Post would be immediately deleted by Aglos and the CIA mocking bird using misinformation as the excuse. I told others to split the word Covid and Ivermectin up and key words and Aglos wont get it right away.
Musk helped a lot of clueless but it was almost like let no good deed go unpunished with them when they cluelessly turned on him with Doge. Where as far as doge do they think there gonna get money a free sfuff if the Gov goes broke defaults and take everyone else who worked for it with them. Like Darwinism in motion because they apparently don’t know where that money comes from or what causes inflation. Just too bad Darwinism doesn’t just involve them. They’re idea of putting on the color blue is leaving their soul behind like the Soros and others they follow. If they had one in the first place.
Orrr it could continue creeping up. The reasons for buying and holding are still there. One sector not the whole economy has just been changed from housing they turn into a disaster again just magnifying the problems to another single factor AI and energy it will need including green but both is also dependent on non renewable metals and rare earth mining.
Except like 08 housing prices were driven by greed and manipulation in a perhaps window dressing scenario to say see how prosperous we are until you look at the books anyways. Like when shrimp.. this autocorrect has got TDS pulled out the bills on Powell of his fancy Fed building of wasteful spending and these are the people running the economy with the interest rates? Till they got what they wanted anyways including window dressing at the expense of everyone else and working class, disabled and retired sleeping in cars. The economy nor the average income is no where matches the current valuations and then there’s the debt while the spending and printing press goes on and not even for the citizens. It’s a runaway train and precious metals are being bought to cushion the crash. Taking it away isn’t gonna help the currency’s backed by debt. It isn’t gonna help the businesses sales less they’re selling shares. This time they’re not fooling as many people. I remember back before the crash of 08 when Greenspan tried to use the housing sector to boost the economy after they picked the manufacturing like the golden goose picked the poor gooses feathers off bare with no thought of killing the goose that produced the golden eggs like a bunch of wild Animals. I can’t remember his exact words but said in so many words if this doesn’t fix it then the economic troubles we had then are gonna be a picnic compared to what will happen. We seen how that worked out. Priced went stable or realistic. They haven’t learned any new tricks.
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