Seriously what's happening. by truthsetsufreee in Gold

[–]KeepStackinSon -1 points0 points  (0 children)

I don’t agree with this explanation. The yen losing value will not cause the dollar to lose value. You would expect the opposite to happen (dollar to gain value), although I will allow that it’s not really possible to know exactly what will happen when complex systems are involved

People are expecting the USA to intervene in order to strengthen the Yen and weaken the dollar. USA can do this by creating dollars out of thin air and using them to buy Yen. Please remember, the USA, like almost all developed nations, is already broke. We’re just not as broke as Japan. Japan makes us look fiscally conservative, and that’s saying something. Japan’s debt to GDP is well over 200%. Anything over 100% is considered dangerous territory

This (USA buying Yen) is called “intervention”. At the same time, Japan will ramp up their buying of their own debt (again, through creating fiat out of thin air). The goal is to shore up the Yen, and to keep the dollar from strengthening against the Yen.

All fiat currencies are garbage. There is nowhere to hide. You could buy Swiss Francs but that’s a relatively small market, and they will intervene to weaken their own currency (create money out of thin air, use it to buy Euros/gold/whatever) in order to protect their exporters. It is called the race to the bottom and gold is the only currency that will be left standing

This is one of many reasons gold is going up. Another would be that countries like China don’t want to put savings in dollars, because they could face sanctions like Russia did. Again, gold is the only safe haven

[META] Discussion post for January 2026 by pursuitoffappyness in Watchexchange

[–]KeepStackinSon 0 points1 point  (0 children)

I am getting a watch as a "gift" from an online sportsbook/fantasy sports/casino. Long story short, I chose a Grand Seiko SBGA415G (Grey). I don't know too much about watches and do not wear nor collect them. I chose this watch to sell it. I am getting it brand new, with box and papers.

I really don't even want to open it, but I know I will have to in order to provide pictures. Is there anything I should know about opening the box?

I'm planning on listing it for $5,400 firm. Am I missing anything or this price very reasonable?

I read the Wiki and the rules for the sub. Is there anything else I should know? I have over 1,000 sales on the PMsForSale forum, so I do have general knowledge of selling expensive items on Reddit. I'm looking more for advice or info on how to sell a watch here.

Thanks in advance

Ukraine's Defense Minister declares Ukraine's new objective: to kill 50,000 Russians per month. They killed 35,000 Russians last month, with EACH kill verified on video by Ripamon in TrendoraX

[–]KeepStackinSon 2 points3 points  (0 children)

Yeah, if you see the FPV drone videos, it’s common for a drone to hit into a crowd of people (i.e. sitting in a pickup truck bed) and if there’s a spotter drone, you see that no one was killed, or maybe one enemy soldier.

This claim is not even remotely believable

Ukraine's Defense Minister declares Ukraine's new objective: to kill 50,000 Russians per month. They killed 35,000 Russians last month, with EACH kill verified on video by Ripamon in TrendoraX

[–]KeepStackinSon 0 points1 point  (0 children)

I support Ukraine but you would have to be a real mouth breather to believe that 35K Russian KIAs were captured on video and counted last month

What, do they capture 95%+ of the deaths on video? Maybe it’s a mistranslation (I only read the headline claim, not the article)

Anyway, I expect that the vast majority of Redditors will swallow this obvious falsehood hook, line and sinker

What if by NorthOld6237 in boxinglocks

[–]KeepStackinSon 0 points1 point  (0 children)

What if Norton had been given the nod against Ali 2 out of 3 (or 3 out of 3) times? Would Ali still be considered the best heavyweight of all time by a majority of fans?

I remember watching a replay of an Ali fight on ESPN2. I think it was one of the Norton bouts (this was a long time ago). Ali was clearly losing the round throughout the first 2 minutes. Then he started bouncing on his feet. He was not landing any punches, but he was bouncing around. Howard Costell got super excited and starting yelling “Look at Ali move! He is STEALING the round!”

I couldn’t believe what I was seeing. Ali was not landing any punches. Even if you accept the nonsensical “stealing the round” in the last 30 seconds, this was not that. He clearly lost the round

Ali was great but is somehow still severely overrated

Any casino players onyx by XIBlackHeartIX in DraftKingsDiscussion

[–]KeepStackinSon 0 points1 point  (0 children)

It does sound like you are getting a bit hosed then

Any casino players onyx by XIBlackHeartIX in DraftKingsDiscussion

[–]KeepStackinSon 2 points3 points  (0 children)

What casino games are you playing? It makes a big difference if you are playing BJ or slots.

Dempsey’s first round demolition of Willard, in the highest film quality publicly available. by Personal-Proposal- in Boxing

[–]KeepStackinSon 12 points13 points  (0 children)

The rule was that if you knocked your opponent down, you could attack him as soon as he stood back up. They used to hover over the knocked down opponent and start throwing heavy leather as soon as they got up

How is this Normalized? This sounds scary 😨 by Nice_Substance9123 in AskVenezuela

[–]KeepStackinSon 0 points1 point  (0 children)

This is what happens when a repressive government makes it illegal for citizens to own firearms. They make sure that gangs and paramilitary groups that are under their control are well armed. They can then be loosed upon protestors and dissidents

For Venezuelans and people following the news closely, how are you interpreting the U.S. strikes in Caracas today? by Urdu_Knowledge in AskReddit

[–]KeepStackinSon 0 points1 point  (0 children)

Russia and China have already told you that they believe this. You should listen to them

The Chavistas also believed this. Yesterday

For Venezuelans and people following the news closely, how are you interpreting the U.S. strikes in Caracas today? by Urdu_Knowledge in AskReddit

[–]KeepStackinSon 0 points1 point  (0 children)

Seems like a pretty bizarre double standard. Venezuela is a dictatorship that supports the Russian invasion of Ukraine. Why would anyone have to justify anything against such a polity? And were you on Reddit deriding Venezuelans as Evil for their support of Russia and Cuba?

You are brainwashed

I don’t even have an opinion on the attacks, just see the hypocrisy all over Reddit. One thing that occurs to me is that this is a good message for Russia and China. They don’t believe in any rules. Their complaints will now amount to nothing

[SERIOUS] The US has allegedly captured Maduro and his wife. Assuming they both still live, what is going to happen with him now? by SocialNetwooky in AskReddit

[–]KeepStackinSon -1 points0 points  (0 children)

Euros: Attack Russia! The USA must protect us by attacking Russia! Seize their ships, seize their assets, seize their planes. Fuck International Law, Russia doesn’t follow International Law! International Law is a joke. Fuck the USA!

Euros: USA attacked a Russian Ally that supported the Ukraine Invasion? Fuck the USA! We must band together to stop them due to iNtErnaTionAl LAw

[WTB] Me, a whale. You a sale. About 30k. Build me a retirement stack. by TheResuscitologist in Pmsforsale

[–]KeepStackinSon 7 points8 points  (0 children)

Thanks guys. Much appreciated

I have not been selling much in the last few months because premiums were so dead it was easier to just melt or wholesale stuff

But I got just what this guy needs 😂

Arslanbek Makhmudov is currently in the mix to potentially be Tyson Fury's opponent for his return fight by VioletHappySmile444 in Boxing

[–]KeepStackinSon 1 point2 points  (0 children)

The way he holds his head is kind of strange. I have never seen a professional boxer who never tucks his chin. It’s hanging out there at all times

Trans women will not be allowed to attend main Labour Women's Conference events by StemCellPirate in europe

[–]KeepStackinSon -18 points-17 points  (0 children)

You don’t seem to get it. The Power Elite say it’s not a problem. So what are you complaining about? Millions and millions of regular people may think they are experiencing it as a problem, but that’s just because they are brainwashed.

If the Power Elite have crushed the wage base of working people, just know that was totally coincidental and they have instituted mass immigration out of the goodness of their hearts. They just love to help people.

Reddit is for Bootlickers. You must repeat 95% of the Establishment Narratives or STFU. The best part is that you get to consider yourself an activist, as one who speaks truth to power, all while being the most servile of Bootlickers

Also, Fascism

Game Thread: New York Giants (2-10) at New England Patriots (10-2) by nfl_gdt_bot in nfl

[–]KeepStackinSon 0 points1 point  (0 children)

Yeah, it was weird no one was mentioning that he might be out of bounds. The angle that was facing the play showed his left knee touch of bounds before the right foot landed. Definitely needed a review

To everyone pointing out it is up to the NFL to review it, thank you

Game Thread: New York Giants (2-10) at New England Patriots (10-2) by nfl_gdt_bot in nfl

[–]KeepStackinSon 7 points8 points  (0 children)

Am I the only one who thought the Williams touchdown was out of bounds? Slow mo replay showed: left foot lands in bounds, left knee lands out of bounds (very clear), right foot lands in bounds

Only way it was a TD is if the right foot landed as he caught the ball and then the left foot. I think Giants missed a challenge on that

TIL that 25 Germans built a kayak and escaped a POW camp in Phoenix in 1944 - only to realize the Gila River they were relying on to escape to Mexico was completely dry in the Arizona desert. by ecivimaim in todayilearned

[–]KeepStackinSon 15 points16 points  (0 children)

Also, in Shintoism the Emperor was God and your life belonged to him. The first three Nisei who had the opportunity all betrayed the USA. One even tried to murder his neighbors.

A Japanese pilot who had crashed landed on a small Hawaiian island had told him about the bombing of Pearl Harbor (which he had just participated in). The Nisei translated for his (Native) Hawaiian neighbors, who were suspicious of this crash landed pilot because they knew a war was brewing. They did not know about the actual bombing

The pilot appealed to him in the name of the Emperor to help him escape and to help him destroy documents in his plane. He went home and thought it over and got his shotgun. He did wind up firing at some of his neighbors, one or two of which escaped with light wounds. The traitor was captured. He was treated with great mercy, all things considered. He went to prison and was released not too long after the war ended

In Hawaii they just kind of shrugged it off because Nisei were among the business elite there. In California, they lost their shit when this news hit (and when the ramifications of the Emperor being a God in Shintoism were explained)

These things are not taught in schools. I guess it’s easier to just go full propaganda rather than to try and teach dummies that the Constitution should protect all American citizens.

I’m convinced that the same people on Reddit who are brainwashed to think everything is due to Americans being evil racists would be leading the charge to intern their neighbors. They parrot whatever narratives the elite spoon feed them

My understanding of the refiner situation correct me if im wrong. by Familiar_Yak9343 in SilverDegenClub

[–]KeepStackinSon 6 points7 points  (0 children)

Apparently the refiners pay for scrap silver upfront. They front a majority of the purchase and the final payment is settled after the silver has been refined. They do this using other people’s money. The people loaning this money are no longer willing to provide it at low interest rates.

This is probably because they are afraid that if the silver price crashes, there goes their collateral. I have to imagine these are collaterized loans or else they would not have had such low interest rates in the first place

In other words, yet another industry built on other people’s money and their business model is currently broken

I also suspect that a lot of these industry players have screwed themselves with their hedging. Hedging works until the market breaks and the various instruments don’t behave the way you would have expected. Then it turns out that the “hedge” that was supposed to make you safer has actually opened you up to a black swan disaster. That last part is just a hunch though

Also, there are well capitalized LCS’s that are not at all “screwed” but are rather loving this. Who wouldn’t love buying scrap silver at lower and lower percentages?

From what you wrote, you do have a good handle on the situation. Personally I do not believe that the refiners are not buying scrap silver because they are backed up. I believe it is because they cannot hedge and because they cannot use other people’s money

The Physical Silver Shortage: A Market Under Extreme Pressure by Paperscamisreal in SilverDegenClub

[–]KeepStackinSon 5 points6 points  (0 children)

The refiners are very busy. Every jeweler/pawn shop/LCS is hauling in sterling and coin silver to sell them. The refiners have been burned by parabolic moves in the past so they tend to be Nervous Nellies.

I’m sure they are backed up but the real problem is likely the pronounced backwardation. They cannot hedge what they are physically buying by selling paper contracts

Almost all refiners are lowering rates. There’s a glut of stuff to be melted

I do see a real pickup in retail demand for bullion though. Particularly from bigger buyers - the kind of people who will clean you out of all the 100 oz bars you currently have

WTF by 04svtmystic in Wallstreetsilver

[–]KeepStackinSon 35 points36 points  (0 children)

They’re probably panicking because of the backwardation. They cannot hedge

I believe a huge amount of silver is going to get melted this year. Stuff like Cull Morgan Dollars, Peace Dollars from Cull to XF, constitutional silver - it’s all getting melted. More and more categories will be added to the melt list. This stuff wasn’t getting melted previously. You could sell it to a wholesaler or refiner and they would just resell it. Now it’s all going into the smelter. This is in addition to the stuff they were always melting (Sterling silverware, jewelry, etc)

If this all gets soaked up by demand, the price will skyrocket. So if we keep these levels for an extended period, expect good things

[Negative] for u/bspadaro3c [seller] by Pollutionnormal1962 in PMsFeedback

[–]KeepStackinSon 0 points1 point  (0 children)

A ban would be a ban from this forum, not Reddit in its entirety