- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: All Things: Gold & Silver
Posted on 10/8/25 at 2:16 pm to Hangit
Posted on 10/8/25 at 2:16 pm to Hangit
quote:
All of my metal holdings are physical because I don't trust the unscrupulous wall street types that run everything now.
Here is my take. If we get to a point where you need the physical assets to trade, then things are so fricked up that what you will really need is guns, bullets, and canned goods.
That’s why I just stick to the commodity funds as a currency hedge. I’m betting on the devaluation of the dollar, not the complete collapse of society.
2
Posted on 10/8/25 at 6:07 pm to mule74
quote:
I’m betting on the devaluation of the dollar, not the complete collapse of society.
The dollar is going away. I doubt society is going to totally collapse. I do have supplies in case, but doubt there will be an issue. Grady Judd is my sheriff.
ETA: I hold physical gold, not to trade but because I do not trust the scumbags orchestrating the paper gold dance. If you don't hold it, you don't own it are good words to live by.
This post was edited on 10/8/25 at 6:09 pm
Posted on 10/9/25 at 2:16 pm to SPAGHETTI PLATE
Just sold off some losers yesterday and have about $5k to finally dip some toes. Every time I turn on the news it's about gold lately, so for the first time I want to buy some. Reading this thread though, it seems maybe a good idea to get silver as well? Would I be smart to just get some GLD and SLV or a fund like CEF? Mining stock like this NEM? I saw WPM and GDX mentioned as well, so any advice appreciated.
This post was edited on 10/9/25 at 2:28 pm
Posted on 10/9/25 at 9:03 pm to Sho Nuff
You can never time the market, but I feel like the metal spot prices are overdue for a small correction. I'd hate to have you lump sum at a top and be down 10 or 20% right after for awhile.
That said, Gold miners are making nice profits these days. I'd rather buy mining ETFs like GDX, GDXJ, SIL and SILJ than the bullion funds. There's way more upside potential with the miners.
As a first time investor I'd advise you to buy the mining ETFs rather than individual companies.
That said, Gold miners are making nice profits these days. I'd rather buy mining ETFs like GDX, GDXJ, SIL and SILJ than the bullion funds. There's way more upside potential with the miners.
As a first time investor I'd advise you to buy the mining ETFs rather than individual companies.
Posted on 10/9/25 at 10:09 pm to SPAGHETTI PLATE
Appreciate the response
Posted on 10/9/25 at 11:10 pm to Sho Nuff
Silver is at all time highs, but if you gauge it against the price action of Gold, it's still incredibly undervalued.
Historically the Gold to Silver price ratio has been around 15:1
It's only had a deep separation in modern times. We're currently at an 80:1 ratio
To put things into a better perspective: Actual mining production only has a ratio of 9:1... 9 ounces of Silver are mined and refined to every 1 ounce of Gold.
Silver is also consumed at a MUCH higher rate than Gold.
Food for thought.
Historically the Gold to Silver price ratio has been around 15:1
It's only had a deep separation in modern times. We're currently at an 80:1 ratio
To put things into a better perspective: Actual mining production only has a ratio of 9:1... 9 ounces of Silver are mined and refined to every 1 ounce of Gold.
Silver is also consumed at a MUCH higher rate than Gold.
Food for thought.
This post was edited on 10/9/25 at 11:12 pm
Posted on 10/10/25 at 5:44 am to Sho Nuff
This is what I would do, but keep in mind I am a dumbass.
I would buy a 100 oz. bar, to be saved for a long damn time. The big online places are wanting premiums for these, about $5300. I bought one last week from a local coin/metals dealer for spot, $4681. He had bought it when lower and just wanted to move it. Apparently, that is a trend with the mom and pop shops.
It costs you nothing to inquire about the price.
I would buy a 100 oz. bar, to be saved for a long damn time. The big online places are wanting premiums for these, about $5300. I bought one last week from a local coin/metals dealer for spot, $4681. He had bought it when lower and just wanted to move it. Apparently, that is a trend with the mom and pop shops.
It costs you nothing to inquire about the price.
Posted on 10/10/25 at 7:17 am to SPAGHETTI PLATE
It took me about 5 minutes of research to determine that there was a huge amount of convexity in silver. Silver is actually a very important commodity and unlike gold, the mined supply of silver is mostly needed.
Volatility is criminally underpriced in the SLV options market. Selling silver calls might be the only thing that would make me more nervous than selling IBIT calls.
Volatility is criminally underpriced in the SLV options market. Selling silver calls might be the only thing that would make me more nervous than selling IBIT calls.
This post was edited on 10/10/25 at 7:21 am
Posted on 10/10/25 at 11:43 am to Hangit
quote:
costs you nothing to inquire about the price.
Posted on 10/10/25 at 1:44 pm to Sho Nuff
Brian, at National Gold Group on Oahu gave a right now cash price on a 100 oz bar of $5140. That is high, at about 400 over spot. He may negotiate a little. 949-426-7993
Something about a customer standing right there, with cash, makes them a little more user friendly.
Something about a customer standing right there, with cash, makes them a little more user friendly.
This post was edited on 10/10/25 at 1:45 pm
Posted on 10/10/25 at 1:50 pm to Hangit
quote:
Brian, at National Gold Group on Oahu gave a right now cash price on a 100 oz bar of $5140. That is high, at about 400 over spot. He may negotiate a little. 949-426-7993
Something about a customer standing right there, with cash, makes them a little more user friendly.
ETA: I picked up $2k in WPM earlier. Gonna get some GDX(J) as well most likely. I may end up talking to Brian in person too. Thanks guys.
This post was edited on 10/10/25 at 1:57 pm
Posted on 10/10/25 at 7:07 pm to Sho Nuff
Loading Twitter/X Embed...
If tweet fails to load, click here. Headed up the walls soon! Picture me rollin!
Posted on 10/13/25 at 9:51 am to Pimphand
today: "Silver Roars Higher as Short Squeeze Rocks the London Market", Bloomberg Finance
run, baby, run ....
quote:
(Bloomberg) -- Silver hit the highest in decades as a historic short squeeze in London intensified, with a fresh surge in prices adding urgency to a worldwide hunt for bullion that could alleviate the mismatch between demand and supply.
Spot silver climbed as much as 3.1% to near $52 an ounce, exceeding last week’s peak, while gold surpassed $4,080 an ounce, building on a record-breaking run of eight weekly gains.
Platinum and palladium also jumped, amid signs that market stresses caused by surging investor demand are starting to spread to other precious metals.
run, baby, run ....
Posted on 10/13/25 at 9:56 am to cadillacattack
quote:
run, baby, run ....
Yup going to be a fun keep your metals in your own possession.
Posted on 10/13/25 at 9:58 am to mule74
quote:
I bought $10,000 of SLV on the pull back yesterday. I’m now over $100,000 into GLD and SLV.
You're not going to want IOUs when the margin calls start savaging the system.
Posted on 10/13/25 at 10:12 am to Pimphand
quote:
You're not going to want IOUs when the margin calls start savaging the system.
Yep, especially in a market that was manipulated by paper trading to the degree that precious metals have been over the last decade.. Much, much harder to get away with that now ... starting last month. Shorts are getting desperate.
hard asset with zero counterparty risk .... congrats on your purchase.
Posted on 10/13/25 at 12:51 pm to Pimphand
quote:
Yup going to be a fun keep your metals in your own possession.
Things are about to get turned up to 11. The short squeeze is leaving people unable to meet their obligations. The cupboard is bare.
Goodbye $4000 gold. Goodbye $49 silver.
Posted on 10/13/25 at 2:38 pm to Pimphand
You guys may have convinced me to walk away from my paper silver. The gold market seems to be much larger and less volatile. Any thoughts about the future of paper holdings in gold?
Posted on 10/13/25 at 3:53 pm to mule74
quote:
You guys may have convinced me to walk away from my paper silver. The gold market seems to be much larger and less volatile. Any thoughts about the future of paper holdings in gold?
The whole problem with the ETFs is you basically have the fox guarding the hen house. It was JP Morgan-Chase who got fined almost $1 billion for rigging the precious metals markets and they are the custodians of the ETF?
I can easily see a world where too many of the "Authorized Participants" stand for delivery forcing BlackRock/JPMC to declare force majeure and then just buy you out of the shares at a steep discount.
Counterparty Risk is going to be the buzzphrase from this global financial crisis and so to me you need to have your precious metals in your own possession that way you are fully divested from the financial system which when the quadrillions of derivatives start getting margin called we may be witness to the biggest game of hot potato and musical chairs ever seen.
Posted on 10/13/25 at 5:22 pm to Pimphand
Silver in Hendrix mode... Hear my train a comin'!
Page 5 of 8
Popular
Back to top
Follow TigerDroppings for LSU Football News