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re: Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey
Posted on 2/7/26 at 4:38 pm to Hangit
Posted on 2/7/26 at 4:38 pm to Hangit
quote:Is that the pawn shop (MFD)?
I drive down I-4 to Lakeland. There is a coin and jewelry shop on Kathleen rd. He has a history of selling at spot and buying $4 back of spot. I know that for some of the crazy highs he was robbed and was going $5 back of spot afterwards. He is a very above-board kind of guy and there is no such thing as waiting for your money. I am sure everybody has something similar close.
As of right now, JMB is $6-16 back of spot, depending on product.
This post was edited on 2/7/26 at 4:43 pm
1
Posted on 2/7/26 at 4:53 pm to NOSHAU
quote:
Is that the pawn shop (MFD)
No. SGB Jewelry & Coins. It is owned by a sharp young couple that are innately fair.
Their FB page has video of the dude going through their shop robbing them at night. He usually puts everything away but had a mission to run with his daughter so he left things out. A miscreant broke in and loaded it all up.
Posted on 2/7/26 at 6:06 pm to Hangit
I remember seeing that video. Did they ever catch the guys?
Posted on 2/7/26 at 6:18 pm to cadillacattack
Do any of y'all ever worry about our benevolent government trying to force you to sell to them at a set price?
Posted on 2/7/26 at 6:20 pm to Rankest
That is what boating accidents are for...
Posted on 2/7/26 at 6:49 pm to lsuconnman
quote:Oh lordy. If retail starts gobbling up platinum, fertilizer prices will go through the roof. Platinum is a catalyst.
Pandora announce it would start offering platinum plated jewelry as an alternative to silver.
Posted on 2/7/26 at 8:28 pm to Pimphand
quote:
That is what boating accidents are for...
You know, a lot of you collectors are terrible helmsman
Posted on 2/7/26 at 8:42 pm to KCSilverTiger
quote:
I remember seeing that video. Did they ever catch the guys?
Not yet. It appears as if he also robbed another one up in Tallahassee. I hope he is caught and they get all of their stuff back.
The robber is about 5'4 and weighs about 240.
Posted on 2/8/26 at 4:25 am to Hangit
quote:
I just copied and pasted. This was strictly brought here by Cadillacattack and I am in no way, shape, or form trying to steal his valor.
naw, brother …. I lifted that from the Kitco metals forum years ago. I thought it was a humorous way to remember GSR intensity.
Never apologize for shameless theft of a good idea
Posted on 2/8/26 at 12:16 pm to THRILLHO
quote:
2016 was the peak in silver production and remain so until at least 2030.
Loading Twitter/X Embed...
If tweet fails to load, click here.This post was edited on 2/8/26 at 12:17 pm
Posted on 2/8/26 at 2:12 pm to cadillacattack
Silver Seeker was at a coin show in Joplin, MO
Posted on 2/8/26 at 2:32 pm to Pimphand
Do any of you baws have a Sigma Metalytics machine?
Posted on 2/8/26 at 2:38 pm to FAT SEXY
quote:
Do any of you baws have a Sigma Metalytics machine?
No every time I would get close to talking myself into buying the Pro I would go down to my local coin shop in Austin and spend the grip on silver and just use their machine to test the coins I was questionable about
Posted on 2/8/26 at 4:35 pm to Pimphand
So the Shanghai Gold Exchange is closed for the New Year for a full week starting next Friday. Are they going to take advantage of that and do a massive paper contract smackdown?
Posted on 2/8/26 at 7:19 pm to squidburger
So you are saying I should take profits this week?
Posted on 2/8/26 at 7:36 pm to squidburger
I mean the banks are still way net short tomorrow is the launch of the 100oz paper only CME contract so stupidity is coming for sure.
Also March is a big physical delivery month so I think there will be plenty of fireworks.
Also March is a big physical delivery month so I think there will be plenty of fireworks.
Posted on 2/9/26 at 10:12 am to Pimphand
Definitely didn't have silver up 5% on new 100oz paper contract day on the bingo card...
Posted on 2/9/26 at 10:40 am to Pimphand
feels like a setup especially with the Chinese lunar new year upcoming from Feb 15th to 23rd. I think the shorts will hit it hard here soon. But who knows for sure.
Posted on 2/9/26 at 11:44 am to TigerDoug
I keep seeing people say we're headed for the 50s. I'm patiently waiting cause I'd love to buy some more ASE tubes for a thousandish bucks (or less!).
Posted on 2/9/26 at 12:26 pm to KCSilverTiger
I'm trying to imagine the premiums on ASEs if it gets to $50
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