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Silver, time to get silver.


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I bought Silver 6-7 years ago and stashed it away.

 

Some say Reddit is going to do something along the lines of what happened to Gamestop. Forcing the Price a lot higher.....The little Guys are now Manipulating the Markets.

 

Karsten

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3 hours ago, Karsten said:

I bought Silver 6-7 years ago and stashed it away.

 

Some say Reddit is going to do something along the lines of what happened to Gamestop. Forcing the Price a lot higher.....The little Guys are now Manipulating the Markets.

 

Karsten

That's all over the web right now. 

And what I find most interesting is that this morning the shipping time for new orders jumped to 7 days out. 

 

HOWEVER, as of right now that has jumped to more than 2 weeks. This means that people are buying Silver at an alarming rate.  Apmex.com 

 

Which is why I said in another thread that I believe Silver will be $150 dollars an ounce by the end of the week. This thing Reddit people are doing will blow up the financial system all together. 

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2 hours ago, ladyGrace'sDaddy said:

That's all over the web right now. 

And what I find most interesting is that this morning the shipping time for new orders jumped to 7 days out. 

 

HOWEVER, as of right now that has jumped to more than 2 weeks. This means that people are buying Silver at an alarming rate.  Apmex.com 

 

Which is why I said in another thread that I believe Silver will be $150 dollars an ounce by the end of the week. This thing Reddit people are doing will blow up the financial system all together. 

LGD,

 

I believe it is all part of the plan to destroy the Big Banksters, Wall Street and the rest of the PTB that have been manipulating We The People for Decades now. I watched a video by Dan Bongino where they now have plans to monitor all Social Media for people planning or talking about another Reddit Event so they can simply Shut the Markets Down. Hence they are willing to save the Bankster and Hedge Fund Guys but no one seems to care when We The People take major losses......I so think change is coming for the World here soon.

 

I normally don't pay much if any attention to this site and this update is all about the present times and what is supposed to be going on now....Note, Not IQD related so I hope it is okay to post.

 

(Removed link to other dinar site - against forum rules)

 

Karsten

Edited by TexasGranny
Removed link to other dinar site.
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People often ask Adam what he thinks the value of the Dinar will be, and he always says it's value is whatever someone is willing to pay for it. 

 

Silver is EXACTLY the same way. Forget about the spot price and focus on the buying price. That's the real price of Silver. 

 

Watch "OUR DAILY SILVER" on YouTube

 

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Mods Remove if not allowed....

Anybody wanting to buy silver?  I need to sell it to pay some bills.  I hate to do it because it is getting ready to go through the roof... but no choice.  I have (60) 2014 Eagles.  JM Bullion has them at  $40.90... if you can get it.  They are sold out just like all the other dealers.   I'll sell at the same price.   Please message me.  I am in Jacksonville, FL.

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On 2/1/2021 at 9:13 AM, md11fr8dawg said:

And how and where are you gonna unload this physical silver if they pump it up before it dives back down again??

And what's you sell price?

People suffering from “Fomo” will by by anything at any price. 
 

anyway I’m only stacking to hedge the dollar collapse. 

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5 minutes ago, md11fr8dawg said:

As am I. I have had precious metals for 10-12 years to hedge against the dollar collapse.

You got some good price point then! 
I remember buying silver when I was in high school for 4 to 5 dollars an oz for Different projects but wasn’t smart enough the stack.  Years later when it it went to $50 an oz I still had about 10ozs left over. 

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On 2/1/2021 at 6:13 AM, md11fr8dawg said:

And how and where are you gonna unload this physical silver if they pump it up before it dives back down again??

And what's you sell price?

I would find it hard to part with any of my precious metals.  Its just to much fun picking it up and playing with it.

 

 

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10 hours ago, SocalDinar said:

I would find it hard to part with any of my precious metals.  Its just to much fun picking it up and playing with it.

 

 

Here, Here. I too don't have a sell price because I understand the simplest thing of economics.  You can't print your way out of debt. 

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Silver and Gold are considered a "Rare Earth" mineral. And it should be noted that the strain on Silver supply today has reached a breaking point. This article doesn't mention Silver, as it doesn't mention any minerals by name, but make no mistake about it Silver is probably the main subject. We're already in a currency war. Chinas just thinking about escalating. 

 

 

BY EMEL AKAN
February 17, 2021
 

WASHINGTON—China is reportedly looking into curbing the export of rare-earth minerals to the United States, which may become a new source of friction between the two countries.

China’s Ministry of Industry and Information Technology in January proposed draft controls on the production and export of rare-earth minerals and provided 30 days for public comment.

During the comment period, industry executives were asked to assess how U.S. and European companies could be affected if Beijing decided to cut rare-earth exports during a bilateral dispute, the Financial Times reported, citing people involved in the discussions.

“The government wants to know if the U.S. may have trouble making F-35 fighter jets if China imposes an export ban,” a Chinese government adviser told the Financial Times.

Industry executives were also asked to comment on how quickly the United States could secure rare earths from alternative suppliers or increase its production capacity.

Rare earths are 17 metals that are required in the manufacturing of airplanes, computers, cell phones, electricity generation and transmission systems, and advanced 

China controls about 80 percent of the global supply of rare-earth minerals and sees its dominance as leverage that can be used against the West. It’s not clear whether China can really weaponize rare-earth exports, as it could backfire by forcing other countries to increase their own production capacity.

The timeline to increase production capacity at home “could in fact be very, very short” with more government support and industry innovation, according to Pini Althaus, CEO of USA Rare Earth, a mining company that is developing the Round Top rare-earths deposit in Texas.

“The writing has been on the wall for decades, and now we are seeing first-hand why we’ve been raising the alarm that China’s dominance over the rare earth and critical minerals industry is a highly volatile geopolitical concern,” Althaus said in a statement.

“To counter the effort of the CCP to put a chokehold on defense and other high-tech metals, the U.S. and its allies must continue to invest in this space.”

Former President Donald Trump last year signed an executive order to expand and strengthen domestic mining of rare earths and other critical minerals.

“The United States now imports 80 percent of its rare earth elements directly from China, with portions of the remainder indirectly sourced from China through other countries,” Trump stated in the executive order. “In the 1980s, the United States produced more of these elements than any other country in the world, but China used aggressive economic practices to strategically flood the global market for rare earth elements and displace its competitors.”

Last year, a bipartisan group of House and Senate lawmakers also introduced proposals aimed at reducing U.S. dependence on China by providing tax incentives for the rare-earths industry.

“The global pandemic has highlighted our reliance on China to meet our demand for critical minerals that are used in products such as electric and hybrid cars, computers, and military equipment,” Rep. Henry Cuellar (D-Texas) told The Epoch Times.

“It is essential for our national security and economic interests that we reduce our nation’s dependence on China for rare earth minerals. I co-sponsored the RARE Act to incentivize domestic production and develop our own consistent supply chain. To remain a world leader in technological and military innovation, we must act.”

The White House didn’t immediately respond to a request from The Epoch Times for comment.

President Joe Biden, during his election campaign, pledged to “accelerate innovation in supply-chain resilience” and address “issues like reliance on rare-earth minerals."

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