Stonewood

PM'd

6 hours ago, sixgun said:

i have bought silver coins through goldsilver.be a number of times this year. i have them keep the coins and the after a few lots in get them to send them to me. It saves on shipping charges.
My order for the last lot of coins i bought still has not been completed - i made the order 3 weeks ago. Looking at the pages of GS.be most of the coins are either out of stock or are designated as 'pre-sale' - which is code for not in stock. Three out of the 6 different types of coins are not available.

i don't remember see so many coins unavailable. i just wanted an Arcadia Economic video with Rafi Faber - he said Andy Schectman of Miles Franklin had told him he had not seen things as tight since 2008. In the Arcadia video Rafi was saying that since Silver Squeeze (labelled as a waste of time by some members) the amount of silver on the COMEX has been progressively declining. That at the current rate the registered silver is 10 weeks off record lows and will run out in 20 weeks. There is silver in the eligible category but much of this is ETF silver which i will say is spoken for.

The gold and silver prices will take off when there isn't the physical available to support the paper Ponzi scheme.

I totally agree. I have been watching Andy Schectman's interviews (amongst others) for a long time. I realise he has a vested interest in pushing this narrative, but he comes across as genuine and the underlying fundamentals do stack up. I sincerely believe that patience will pay off. 

Other interviewees with interesting opinions and analysis are; Michael Oliver, Matthew Pipenberg, Gregory Mannarino and Steve Penny. 

7 hours ago, Petra said:

Doesn’t anyone bother putting their silver in a ‘proper’ safe?🤔🤡

I do. I had one professionally installed for exactly that reason. I wouldn't want to leave my bullion lying around the house. Comes in useful for other valuables too and things like passport etc. 

My expectation is $30 within 2 years and $50 within 5 years. With the fundamental drivers behind silver, I believe these are relatively conservative price targets.