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HawkHybrid

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Everything posted by HawkHybrid

  1. what about the chart heading that says 'only industrial-use platinum lags more than silver' ? (it's not like the ~35% difference is small either) HH
  2. true, he owns a company mining silver, a company that have been profitable selling silver at these 'manipulated' prices. I don't think he's been selling his mined silver at a loss for years. it's the etf shareholders that owns that silver, not eric sprott. eric sprott is more than happy for people buy silver at higher than profitable prices.(because he makes his money selling his mined silver). again everyone who has ever shorted silver is the enemy if you make your money selling your own mined silver. without any data to back it up, are you just reassuring yourself(confirmation bias) because it doesn't look like you are prepared to acknowledge data that doesn't confirm your position? What I am saying is that silver is already profitable for silver miners at current prices. Period, people can always choose to overpay for their silver. but all I see is people pushing others to overpay for silver. (I don't have anything against eric sprott. I'm just stating that his business is to promote the profitable selling of his own silver) HH
  3. which major silver mines have been operating at a loss? for how long have they been unprofitable and by how much per toz? who is funding all of these unprofitable silver mines? not exactly a major mine only producing in the lower millions toz(until recently): hochschilds arcata mine have been profitable for over 50 years only recently halting production due to it's age that it's mining cost of ~$16-$18 per toz was no longer profitable(2019 evaluation). https://www.silver-phoenix500.com/article/silver-miners’-q1’21-fundamentals look at the data for the silver miners, aisc is below $20 per toz for all of those that are declaring it. (~33% declared by volume). an educated guess puts the average aisc at less than $18/toz, if you can't beat a 50 year old mine that has already exhausted its best high grade spots then you should shut down the mine. where is your data that silver miners have been selling silver at a loss for years or have you just heard it from a youtuber? HH
  4. you still haven't explained why miners agreeing on a price that they can make a profit on and one that buyers can afford is market manipulation? HH
  5. all that has nothing to do with the price and supply/demand of silver/gold on the futures market. only those who join in on the price discovery, (buy or sell) need to be counted. everyone else can keep on talking. until the price actually moves, it's all speculation. bottom line is how is the above not a free market? HH
  6. there is a lot more to the end of that story. there are 2 parties to every contract. if the miners/suppliers don't agree to the price of their futures contracts there won't be a trade. the miners are agreeing that the price on the contract is an acceptable price for the date and quantity shown. miners will have the supply to back up all of their futures contracts. traders are middle men, they don't make up the rules. silver is still at a price that is profitable for the miners and affordable for the buyers. demand and supply. HH
  7. traders who go long on paper silver almost always expect to be paid in currency. if they wanted the physical silver they would pay for physical silver to be delivered. hoping for a paper silver contract to pay out in physical silver when the expiry date comes has extremely poor odds.(why would a paper contract choose to pay out in physical during a crisis?) if you think of holders of paper contracts as middle men, they only want to be paid the difference between their buying price and selling price. potentially taking delivery and then selling on 1,000's of toz of silver is not as elegant as clicking a button. HH
  8. this is a myth. people who go long on paper silver, do so because they don't want the physical silver. HH
  9. https://www.youtube.com/watch?v=mslYH77OPsQ igold on historically what effect higher interest rates and higher inflation has on the gold price. HH
  10. I'm impressed that you've managed to work out that liking something doesn't automatically make it the best choice every time. we all like silver(it's why we've found our way to thesilverforum). some of us choose to defend silver to the bitter end. whilst others try a more practical approach, and choose the best metal for the job at hand based on it's merits. being honest with yourself to each metals pros and cons is an important step for this. I like gold because it's requires the least maintenance.(the lazy option) HH
  11. HawkHybrid

    Priced in gold

    I think any data before 1971 on the gold chart could be ignored. what I don't get is, does that chart say that house prices are ~£10,000 in the uk in 2020? HH
  12. how is this different to a local gold bullion dealer? HH
  13. https://www.silverinstitute.org/silver-supply-demand/ how is there a current trend of less silver being mined? HH
  14. having cleaned the coin, would the best next move be to apply an antique(or any other) coating to the surface of the coin? HH
  15. tin is more commonly used in plating electronic contacts when gold is not affordable. this is debatable. HH
  16. gold has the most uses of any metal known to man. however it's scarcity means that it is rationed and used sparingly. 'buy up to as much gold as your understanding of gold allows you to' belangp youtube. holding gold has a purpose. find your interpretation of that purpose and then work out how much gold you need to hold to accomplish that purpose. if it came down to it, it's probably better to overpay for something that you find useful than to underpay for something that is useless to you. if you focus too much on the price you might be slower to see the bigger picture. HH
  17. there is nothing wrong with cleaning your own coin. however there is a problem with knowingly not declaring that the coin has been cleaned when you list it for sale. for some buyers it makes a difference if the coin has been cleaned or not. (I don't claim to understand it, just stating what is) HH
  18. forum members have been known to have priced starter coins at newbies only without any problems. stating it clearly in the title(top of thread) would avoid confusion. HH
  19. HawkHybrid

    Bit of advice

    if you treat gold(bullion sovereigns) as savings, and stocks and shares as investment then you should be able to allocate funds to them accordingly. HH
  20. bump means you've created your sales thread at the beginning of an avalanche of sales. HH
  21. I'd be tempted to say that it is more likely to be real if it wasn't for the above. most fakes make money on the melt value. as such they substitute a cheaper metal to replace the silver. this metal is usually less dense eg copper. this means fake coins usually require more volume to obtain the correct weight. your measurements are of a smaller and thinner coin, whilst maintaining just above the correct weight. this should be unusual for a fake? I usually put more weighting in the specific gravity test than simple measurements. high res photos of your exact coin might help. HH
  22. you have no problem with everything that @sixgun posts and are in defence of his posts each time you see me bring up a contradiction. you can't explain why his declared physical silver position contradicts his supposed belief that silver is much undervalued and due a strong move up soon. and of course you have a problem with my posts each and every time because they highlight inconsistencies that you can't explain. HH
  23. how does principals go against you holding a lot of physical silver because you believe it is due a sharp rise soon(undervalued, short squeeze etc)? a believed guaranteed win against all that are evil, how is it immoral to go all in? action speak louder than words. HH
  24. says it all really. people who actually believe what they post will stand behind them with conviction. shouldn't you already be all in on silver if it is so undervalued and over due a short squeeze, which will happen soon? or is it a case of not putting your money where your mouth is? HH
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