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Thread: An interesting way to invest in gold in small quantaties

  1. #41
    Team GunsNet Silver 04/2015 Nobeard's Avatar

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    1 Pat:
    For some reason your link doesn't work, shows 'forbidden' in the top left corner of the screen.
    Went to JM Bullion and got a screenshot for ya



    Here's a link to that page, let's see if I can get it to work...

    https://www.jmbullion.com/1-oz-pop-b...-silver-round/

    Awhile back, Glenn Beck was talking about a 1 ounce credit card sized piece of gold that could be broken into 10 sections along pre-stamped lines.

    Best part is? Look at the top header where it says 'Live Spot Price"

    In 6 months we can pull up the pic and say "Holy @#%$!!! Gold was ONLY 2341.49 at ounce!?!"
    Last edited by Nobeard; 04-06-2024 at 05:40 PM.

  2. #42
    Senior Member Oswald Bastable's Avatar

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    Quote Originally Posted by alismith View Post
    Gold prices are rising. For 1 Goldback, it's now $4.81.

    Pretty soon, I wont be able to get much more.
    Current exchange rate for the 1's is $5.06...so an increase of over 25% for the early ones we bought.
    If we refuse to rule ourselves with reason, then we shall be ruled by our passions.

    He, Who Will Not Reason, Is a Bigot; He, Who Cannot, Is a Fool; and He, Who Dares Not, Is a Slave. -Sir William Drummond

    There are some things I will not abide within my sight!

  3. #43
    Team Guns Network Silver 04/2013 alismith's Avatar

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    Quote Originally Posted by 1 Patriot-of-many View Post
    A little off topic, but there's a one ounce silver round out that is snappable into 4 sections, that would be perfect for barter. A little overpriced on the premium for my tastes but I expect it will become more common place. https://www.jmbullion.com/1-oz-goldp...-silver-round/ https://www.jmbullion.com/1-oz-pop-b...-silver-round/
    I bought 4 of those so far. Plan on buying a few more before they go up in price, too.
    "Valar morghulis; valar dohaeris."

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  4. #44
    Senior Member JTHunter's Avatar

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    Nobeard - your link has the same "Forbidden" problem.

    https://www.jmbullion.com/1-oz-pop-b...-silver-round/

    This link worked. The problem is that they are asking for $32.87 for 1-19 coins through "e-check" or wire transfer and $34.24 through a credit card or PayPal.
    At Monex, a 1 oz. silver American Eagle is only $30.67.
    See their prices at https://www.monex.com/liveprices/
    Last edited by JTHunter; 04-06-2024 at 09:57 PM.
    “I have little patience with people who take the Bill of Rights for granted. The Bill of Rights, contained in the first ten amendments to the Constitution, is every American’s guarantee of freedom.” - - President Harry S. Truman, “Years of Trial and Hope”

  5. #45
    Guns Network Lifetime Member #2

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    Quote Originally Posted by JTHunter View Post
    Nobeard - your link has the same "Forbidden" problem.

    https://www.jmbullion.com/1-oz-pop-b...-silver-round/

    This link worked. The problem is that they are asking for $32.87 for 1-19 coins through "e-check" or wire transfer and $34.24 through a credit card or PayPal.
    At Monex, a 1 oz. silver American Eagle is only $30.67.
    See their prices at https://www.monex.com/liveprices/
    Yep just wait a while, I haven't seen them before and Silver is spiking pretty good lately. The premium is too much for me, I don't go past $2 for anything and usually wait for .99 an ounce premiums. Now's not the time. Silver moves up and down, no need to get excited and buy high IMO.
    Last edited by 1 Patriot-of-many; 04-07-2024 at 01:13 AM.

  6. #46
    Senior Member Oswald Bastable's Avatar

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    Quote Originally Posted by 1 Patriot-of-many View Post
    Yep just wait a while, I haven't seen them before and Silver is spiking pretty good lately. The premium is too much for me, I don't go past $2 for anything and usually wait for .99 an ounce premiums. Now's not the time. Silver moves up and down, no need to get excited and buy high IMO.
    We're in end games time now...end of Rome, throw all previous beliefs out the window...there will not be another period like you suggest.

    Tangible commodities will be going nowhere but up, as the world spirals down.

    Git what you can git while the gittins' good...there won't be much time left for the gitten.
    If we refuse to rule ourselves with reason, then we shall be ruled by our passions.

    He, Who Will Not Reason, Is a Bigot; He, Who Cannot, Is a Fool; and He, Who Dares Not, Is a Slave. -Sir William Drummond

    There are some things I will not abide within my sight!

  7. #47
    Guns Network Lifetime Member #2

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    Quote Originally Posted by Oswald Bastable View Post
    We're in end games time now...end of Rome, throw all previous beliefs out the window...there will not be another period like you suggest.

    Tangible commodities will be going nowhere but up, as the world spirals down.

    Git what you can git while the gittins' good...there won't be much time left for the gitten.
    Silver spiked at over $28 a few years ago, then dropped back down to $18 before 2023, I don't think I'm ready to cry havoc yet But you never know. https://silverprice.org/silver-price-chart.html

  8. #48
    Team GunsNet Silver 04/2015 Nobeard's Avatar

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    ye gads! ANOTHER book!

    Got some spare time, so here are a few thoughts...

    Quote Originally Posted by Oswald Bastable View Post
    We're in end games time now...end of Rome, throw all previous beliefs out the window...there will not be another period like you suggest.

    Tangible commodities will be going nowhere but up, as the world spirals down.

    Git what you can git while the gittins' good...there won't be much time left for the gitten.
    "If you're bettin' on the end of the world?
    Just remember that it's only gonna happen once in our lifetime."


    Quote Originally Posted by 1 Patriot-of-many View Post
    Silver spiked at over $28 a few years ago, then dropped back down to $18 before 2023, I don't think I'm ready to cry havoc yet But you never know.
    "Life can be summed up with two words: Time & Risk.
    The secret to it? Being a time broker with a flexible risk management plan."


    Took a look at the link 1 Pat posted and got some screen shots:

    Silver went over 46.00 per ounce on May 2nd 2011 (near the end of 0'Vomit's first term).


    Gold was at 1889.00 on August 22nd of 2011



    The economy was spiraling down, and we actually had a 'President' (diversity elected half-wit wonk) saying:
    "America, is...in decline!...and...you're just lucky!..to have us, toooo manage! the...decline!"

    Anyone that bought gold at those prices had to wait almost 10 years to break even.
    Those who bought silver at that peak are still waiting on the 'break even' point - IF they were looking for a payout.

    Now, here's something interesting. Take a look at the silver spike in 1980


    [Begin Oversimplified Explanation]

    This was caused by the Hunt brothers trying to corner the silver market.
    Being 'filthy rich' wasn't good enough - NO! They wanted to be 'grotesquely wealthy' and most of what they had was futures or contracts (paper silver), bought on margins.
    When it didn't work and the margin calls came in? It nearly wiped them out and sent a panic through the futures markets.
    Bunch of bankers had to bail them out to calm everything down before shit went completely sideways.

    [End Oversimplified Explanation]

    Imagine being an average trader and buying in on the high end.
    How many people could hold silver over 40 YEARS to make only 5.00 an ounce!?
    Still a loss, when considering the inflation rate and what that 5.00 would buy in 1980 compared to 2021.

    The lesson from this: Never risk more money than you could flush down the toilet without making a dent in your life.

    It's obvious that things are starting to spiral down at an alarming rate (again) and the assets we have will be very important in the near future.
    So lets look at 'money' and 'assets' to come up with some definitions

    The original textbook definition of money entailed three things:
    1) A medium of exchange
    2) A ledger of debt
    3) A store of wealth
    Is short, a standardized accounting system for economic transactions.

    But! The wizards of smart at the World Economic Forum (WEF aka Wretched Evil Foreskin) recently added the fourth definition
    4) A MEANS OF CONTROL

    That's why they are desperately pushing for the Central Bank Digital Currancy (CBDC aka Can't Buy Damn Cartridges)
    If the only medium of exchange is digital, they can monitor and control every transaction.
    Because if they can control every transaction?...They can control you.
    You're not going to buy an unapproved item (like cartridges) and your total allotted number of purchases for 'certain items' (ie fuel, meat or alcohol) can be restricted.

    Remember how many people got canceled on social(ist) media for expressing unpopular opinions during the !COVID! crisis?

    (Turns out many of those opinions, such as the lab leak theory and treatments involving Ivermectin, are now accepted as factual).

    WHAT if the CBDC had already been implemented?
    Talk about 'cancel culture'!
    Flip of the switch and anyone with an untruthful* or unapproved opinion** gets de-banked, de-funded, and digitally disappeared.
    *(untruthful = as defined by the feral gubberment...that claims 2 men can have a baby)
    **(unapproved = as defined by the socialist media oligarchy...that claims biology is irrelevant and you're whatever gender you pretend to be)

    Now comes the definition of money that I was taught by Uncle Johnny, known here as Redbeard. It goes something like this:
    "Money is like fuel for your car. It won't run without it, but you can always walk to get where you need to be..."

    Being young and naive at the time, my obvious response was:
    "What good is a car with no fuel?"

    His response:
    "What good is a full tank if the car has four flat tires, or a connecting rod is hanging out the side of the block?..."
    "Some people would install and fill up giant gas tank on that car. Others have an empty tank from putting on flashy rims or a bangin' stereo."
    "Your life, your body, your mind are the car. It has to be a balancing act, because one failure cascades into another...just make sure you're always able to walk to the next stop, if that's what it takes."

    [Sidebar, just for fun]
    He's got an interesting philosophy for life and is really good at using cars or food as metaphors.
    Some of you may remember when I was a teenager and got tangled up with [cringe]Elizabeth[cringe].
    "Having sex without being in love is like having a big bag of chips with no hot sauce or queso...
    Yea, it's good, but damn! It could be so much better!"
    [Okay! Done Reminiscing]

    Now, consider what most people describe as their assets (in no particular order).
    Cash, gold, silver, emergency food and fuel storage, land, guns and ammo?...

    You can't eat cash or precious metals.
    Stored food and fuel won't last forever.
    You can get overrun, burned or flooded off land and ammo WILL eventually run out.

    Sometimes, it isn't what you have that gives you strength, it's who and what you know.
    I honestly believe the greatest asset in my life is family, friends and neighbors.

    All the material things are good, but we should be connecting with like minded people.
    Those in our AO that we see on a daily basis. They also know something is wrong, but are not sure what to do or where to turn.
    Maybe they're thinking it's just them, that THEY are the only ones aware of the problem, and feel uncertain, not wanting to be the first to speak up.

    Not suggesting for one second that everyone you know should be allowed confidential information on what preparations have been made.
    Consider those you've had long term interactions with, and the longer period of time the better.
    Reflect on how well you know them, then casually see if they're open to discussion on politics or SHTF / TEOTWAWKI.
    Break it down to several short encounters to get a feel for their attitudes and opinions...might turn out they're crazier then WE are when it comes to this shit!

    Also: make it a point to polite and considerate to everyone you interact with.
    Treat them with the respect you would want for yourself.
    Convenience store clerks, shelf stocker at the grocery store, waiter at the restaurant - show some gratitude and appreciation for the job they are doing.
    If you're 'that nice guy' who treats them with respect?
    They might have your six when you least expect a problem.

    Be the change you want to see in the world.

    Thus endeth the sermon
    James Nobeard, the Prophet of Profit


  9. #49
    Team Guns Network Silver 04/2013 alismith's Avatar

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    I understand what you're saying, but most people are buying Goldbacks, or silver, as a hedge to have someting of value to barter with after the dollar becomes worthless, or everything switches to CBDC's. This is "money" that has value in itself, not some governemnt-controlled digital system where they determine what value their "money" has.

    Actually, when everything goes to hell, probably, the best items to barter would be food, medicines, or ammo, but small amounts of some kind of precious metal could be a good thing to have, too.

    Hopefully, the world won't end and all this preparation will be for naught.....but, who knows?
    "Valar morghulis; valar dohaeris."

    Commucrats are most efficient at converting sins and crimes to accidents or misunderstandings.-Oswald Bastable

    Making good people helpless won't make bad people harmless.

    Freedom isn't free.

    "Attitude is the paintbrush that colors our world." TV Series, Haven.

    My Spirit Animal has rabies.

    I'd rather be an American than a Democrat.

    "If you can make a man afraid, you can control him" Netflix Series, The Irregulars

  10. #50
    Team GunsNet Silver 04/2015 Nobeard's Avatar

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    Good point Alismith,
    I'm not looking forward to bad times, just want to be ready and have the means to provide and protect those that depend on me.


    Almost forgot to post this pic and warning sent by a friend.
    He had previously bought a 20 round / 50.00 box of .45-70 at Acadeny, got it home and there were only 16 cartridges in it.
    He came across some Remington green and white boxes of 22-250 there for a 'decent' price...

    No, it was NOT Hondo! We don't have rusty shit guns around here

    He opened every box to check the contents and found THIS


    Not only was the factory loaded ammo a mix of gold and silver primers, one primer was upside down.
    Needless to say, he didn't buy that box.
    The ones he did get will be checked on a digital loading scale for weight consistence before any are chambered or fired.

    Just another example of the current downward spiral.
    Not only are the major corporations having issues getting components, their quality control is circling the toilet bowl.
    Last edited by Nobeard; 04-07-2024 at 11:04 PM.

  11. #51
    Senior Member Oswald Bastable's Avatar

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    Quote Originally Posted by Nobeard View Post
    Got some spare time, so here are a few thoughts...
    "If you're bettin' on the end of the world?
    Just remember that it's only gonna happen once in our lifetime."
    No end of the world just yet...

    World capital flows are charging into whatever is deemed safe at the moment. At this moment it's the US Dollar, and commodities. Soon, it will not even be the dollar, and then commodities will be all.
    If we refuse to rule ourselves with reason, then we shall be ruled by our passions.

    He, Who Will Not Reason, Is a Bigot; He, Who Cannot, Is a Fool; and He, Who Dares Not, Is a Slave. -Sir William Drummond

    There are some things I will not abide within my sight!

  12. #52
    Senior Member JTHunter's Avatar

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    Quote Originally Posted by Nobeard View Post
    Good point Alismith,
    I'm not looking forward to bad times, just want to be ready and have the means to provide and protect those that depend on me.


    Almost forgot to post this pic and warning sent by a friend.
    He had previously bought a 20 round / 50.00 box of .45-70 at Acadeny, got it home and there were only 16 cartridges in it.
    He came across some Remington green and white boxes of 22-250 there for a 'decent' price...

    No, it was NOT Hondo! We don't have rusty shit guns around here

    He opened every box to check the contents and found THIS


    Not only was the factory loaded ammo a mix of gold and silver primers, one primer was upside down.
    Needless to say, he didn't buy that box.
    The ones he did get will be checked on a digital loading scale for weight consistence before any are chambered or fired.

    Just another example of the current downward spiral.
    Not only are the major corporations having issues getting components, their quality control is circling the toilet bowl.
    This is why I prefer MY reloads !!
    “I have little patience with people who take the Bill of Rights for granted. The Bill of Rights, contained in the first ten amendments to the Constitution, is every American’s guarantee of freedom.” - - President Harry S. Truman, “Years of Trial and Hope”

  13. #53
    Guns Network Lifetime Member #2

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    Called it. Silver hit almost $29 now down to $27 and falling.....
    Last edited by 1 Patriot-of-many; 04-30-2024 at 02:49 PM.

  14. #54
    Senior Member Oswald Bastable's Avatar

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    Quote Originally Posted by 1 Patriot-of-many View Post
    Called it. Silver hit almost $29 now down to $27 and falling.....
    Back up over $28 now...

    You were saying?

    :P
    If we refuse to rule ourselves with reason, then we shall be ruled by our passions.

    He, Who Will Not Reason, Is a Bigot; He, Who Cannot, Is a Fool; and He, Who Dares Not, Is a Slave. -Sir William Drummond

    There are some things I will not abide within my sight!

  15. #55
    Guns Network Lifetime Member #2

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    Quote Originally Posted by Oswald Bastable View Post
    Back up over $28 now...

    You were saying?

    :P
    Hey, you, Get off of my cloud.

  16. #56
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    Quote Originally Posted by Oswald Bastable View Post
    Back up over $28 now...

    You were saying?

    :P
    Yeah I guess i called that wrong..... Almost $30 today. Works for me. I haven't sold yet.

  17. #57
    Team GunsNet Silver 04/2015 Nobeard's Avatar

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    Quote Originally Posted by 1 Patriot-of-many View Post
    Yeah I guess i called that wrong..... Almost $30 today. Works for me. I haven't sold yet.
    It's not about being 'right' or 'wrong' at this point.

    Since the historic silver to gold ratio is 20:1 (as in twenty ounces of silver equals one ounce of gold) there are three possible options:

    Could mean silver is way under priced...

    Maybe gold is way over priced...

    Or shits about to go completely sideways, off the rails and into a fiery heap at the bottom of a ravine.

    From the stories about the 'elites' hoarding gold and building bunkers?
    Looks like they're betting on the last option.

    Best bet it to think about the things you'd like to have if all the stores were closed and stock up now.
    Just do what you think is best and be ready to take care of you and yours.

  18. #58
    Senior Member Oswald Bastable's Avatar

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    Quote Originally Posted by 1 Patriot-of-many View Post
    Yeah I guess i called that wrong..... Almost $30 today. Works for me. I haven't sold yet.
    Yeah, I'm waiting for it to go above $40 before I begin to sell.


    Quote Originally Posted by Nobeard View Post
    Or shits about to go completely sideways, off the rails and into a fiery heap at the bottom of a ravine.
    DING, DING, DING, DING, DING!!!!

    Due to profligate gov't. spending and the continuing fall of confidence in our gov't....we're in the beginnings of Weimar, Zimbabwe, Venezuela type inflation.

    And it's not going to get any better in the short or long term.
    If we refuse to rule ourselves with reason, then we shall be ruled by our passions.

    He, Who Will Not Reason, Is a Bigot; He, Who Cannot, Is a Fool; and He, Who Dares Not, Is a Slave. -Sir William Drummond

    There are some things I will not abide within my sight!

  19. #59
    Guns Network Lifetime Member #2

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    Quote Originally Posted by Oswald Bastable View Post
    Yeah, I'm waiting for it to go above $40 before I begin to sell.




    DING, DING, DING, DING, DING!!!!

    Due to profligate gov't. spending and the continuing fall of confidence in our gov't....we're in the beginnings of Weimar, Zimbabwe, Venezuela type inflation.

    And it's not going to get any better in the short or long term.
    It would happen eventually, this is scary Silver Ask$32.13 Gold is $2400 War is coming, a major one or we're on the verge of an economic collapse and/or both.

  20. #60
    Senior Member Oswald Bastable's Avatar

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    Quote Originally Posted by 1 Patriot-of-many View Post
    War is coming...
    Historically, this is how governments that have spent themselves into insolvency, default on their debts.

    See Ukraine...elections cancelled, repayment of debt suspended, while we foot the bill...now we need a war to suspend elections and default on our debt.

    Oh yeah, plus millions need to be snuffed, all for globull warmins or some such shit.
    Last edited by Oswald Bastable; 05-20-2024 at 10:41 AM.
    If we refuse to rule ourselves with reason, then we shall be ruled by our passions.

    He, Who Will Not Reason, Is a Bigot; He, Who Cannot, Is a Fool; and He, Who Dares Not, Is a Slave. -Sir William Drummond

    There are some things I will not abide within my sight!

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