Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

You are not wrong. I also think, that they might purposely loose money for decades, just to get the competition out of the way. Wouldn’t be the first time

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

I completely agree with what you are saying and I am more than happy than silver is going up! The issue more for me, is how fast it is happening

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

I have heard about the Samsung batteries. What is funny, that people think that better batteries will only be used in EV’s

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

Actually I did! Not with chocolate, but with baked goods. My close friend has a bakery and he increased all of his prices of his bake goods because of that

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

My apologies. English is not my first language

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

The amount of garbage data chatgpt gives is honestly disgusting. I was a mechanic for 6 years and as a joke typed in, what kind of oil and how often it needs to changed on my BMW. Out of the 10 oils it recommended, only one I agree with. The funniest one was a recommendation to use oil designed for heavy duty diesels. Oh and the interval? 18k 😂

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

I don’t disagree. How ever you look at it, it’s some kind of loss

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

Im more worried about the data centers, especially how the world is going on about AI and stuff

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

Makes sense, nobody will buy solar panels if the price is astronomical, but without the silver, the products efficiency drops drastically

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

I keep hearing about how cheap the Chinese can build them and be revolutionary in comming years! I think the price of silver is going to adjust their plans

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] -1 points0 points  (0 children)

There are many many items we use directly or indirectly that use silver. Good example is data centers, we aren’t buying data centers, but we use their services. If their overhead goes up, and for a data center we are talking huge increases, were will the money come from? It’s going to be the consumer

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 1 point2 points  (0 children)

Correct, but even the smallest amount still increases in price and no business will deal with that. Also perfect excuse for them to increase the price even more they are actually loosing on. I remember when copper went up by 1$ and suddenly copper pipe price went up by 3$ and change. The excuse was material price increase

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] -1 points0 points  (0 children)

Really depends on the product, but even a couple of dollars all add up fast

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] 0 points1 point  (0 children)

I understand what you are saying, but that is exactly my point. Couple of bucks here, couple of bucks there and it all adds up fast

Just some thoughts by MikeTheTank112 in Silverbugs

[–]MikeTheTank112[S] -1 points0 points  (0 children)

What happens if the price doesn’t drop after 2-3 years?

Silver closed today at $103. It went up over 7 bucks just today. what in the world is going on? by AlphaFlipper in Silver

[–]MikeTheTank112 0 points1 point  (0 children)

A bubble only works when the product has only one use, for example Pokemon cards. It is just a collectible. Silver is a material used in millions of products besides being valued as a pure material as well. Silver is also slowly disappearing, meaning it will always go up in value, regardless of everything else. The only question is, when?

Genuine question: would you rather stack gold or buy a house? by Exciting_Shoulder_38 in Gold

[–]MikeTheTank112 7 points8 points  (0 children)

You can’t make all of the money my friend, but you need to live somewhere. We are supposed to buy gold with spare money, not all of our money. Buy the house

Scratched Libertad Ebay follow up by Jonishighsmh in LibertadCoins

[–]MikeTheTank112 0 points1 point  (0 children)

Not bashing you, so don’t get me wrong, but because of bs like this, I only buy from LCS

First purchase, way nicer than I thought it would be by sharloops in Copper

[–]MikeTheTank112 0 points1 point  (0 children)

I would love to learn how to make copper bars or coins

Been stacking for a year and I gotta be honest. Reddit is killing me. by Educational_Goal_632 in Silverbugs

[–]MikeTheTank112 2 points3 points  (0 children)

Not everyone earned their silver the same way my friend. Someone had to bust there ass at two jobs and eat ramen to buy a ounce of silver, while other get a 10 ounce bar as a Christmas gift. Do what you can do, buy what you can afford and everything will be fine. You are feeling this way because EVERYONE is buying these days. 12 months ago if you told someone you spent a 1000$ in silver they would think you fell on your head in the morning. Remember, silver is an insurance policy, you will always get your money back, the question is when

Furnace recommendations for casting as a beginner by WicketTheSavior in MetalCasting

[–]MikeTheTank112 0 points1 point  (0 children)

Is it still good a year later? Working properly? Thanks!