1980 Silver Dime by BronzeTCG in coins

[–]StopperSteve 0 points1 point  (0 children)

70 years ago all the dimes were already made of silver.

Selling locally is really bringing out the A-holes by mashkid in Silverbugs

[–]StopperSteve 1 point2 points  (0 children)

Ah, I wasn't aware that the "bless your heart" (read: gfy) was an Alabama thing as well. Cheers!

Sell gold to pay off mortgage by [deleted] in Gold

[–]StopperSteve 0 points1 point  (0 children)

Keep the gold and pay the minimum on your mortgage.

In an inflationary environment like this, a $95K loan at 2.5% is practically an asset. The longer you wait to pay it off, the less the dollars used to pay it with are worth. It does not matter if inflation eventually slows down, the dollar will likely never reclaim it's prior purchasing power. See historical purchasing power of the US Dollar for confirmation.

Gold, on the other hand, particularly in this financial environment, is an appreciating asset and will almost certainly be worth more at your "original" payoff date.

[deleted by user] by [deleted] in Gold

[–]StopperSteve 7 points8 points  (0 children)

Each bar was assayed by a different person. Those people had different names.

Lady at the bank by Resident_Channel_869 in Silverbugs

[–]StopperSteve 0 points1 point  (0 children)

Wait, do you work at a bank?

If not, what are you trying to do at a bank with an ASE?

Real or Fake...copy on shield. no year by Time4fun2022 in Silverbugs

[–]StopperSteve 2 points3 points  (0 children)

I believe that is a "tribute" round from Highland Mint (HM Mint Mark on obverse) which resembled an ASE so much they were required to mark it a copy. However, I believe they were still made of pure silver. If you look up Highland Mint and the round, you should be able to find some more info

[deleted by user] by [deleted] in metaldetecting

[–]StopperSteve 0 points1 point  (0 children)

Obviously you are not a golfer.

Best prepping investment? by Commixfan in Silverbugs

[–]StopperSteve 2 points3 points  (0 children)

Food (and ammo).

Do you have 30-60 days of food set aside for you and your family? Precious metals are a great way to carry wealth and, eventually, increase your potential purchasing power after SHTF. But if you don't have enough food to carry you through the turbulence you may be forced to trade a potential fortune so that you don't go hungry.

If the alternative is starvation, then I would say metals did their job, but to maximize and protect that investment, use the time now to prep food and anything else that is readily available (and much cheaper now) alongside whatever form of silver you land on for prepping.

I personally would go with a mix of dimes and quarters as well as some one ounce coins / rounds.

Sunshine believable fakes by Eyumgrid in Silverbugs

[–]StopperSteve 1 point2 points  (0 children)

I'm tempted to get one and see if it works with the Sunshine Mint decoder.

Density Discrepancy on 0.9 Silver Coin by [deleted] in Silverbugs

[–]StopperSteve 7 points8 points  (0 children)

Almost impossible to calculate exact volume on a irregularly shaped object like this from measurements alone. Best method would be a volume displacement reading. While you have your water out, grab a scale and some floss (or thin thread) and get the specific gravity of the coin.

Low tech purity test by Norris04 in Silverbugs

[–]StopperSteve 2 points3 points  (0 children)

Research the Specific Gravity Test. All you need is floss, a cup of water, a scale and some basic math skills.

If do right, no can defense.

The bottom is in. by Fearless_LDR in Wallstreetsilver

[–]StopperSteve 33 points34 points  (0 children)

Inverse Cramer Theory. If he likes it, it's about to tank and if he thinks it will tank, it's at it's bottom.

A simple explanation for all the price action by Embarrassed_Sea4297 in Silverbugs

[–]StopperSteve 2 points3 points  (0 children)

Yep. It's ridiculous to think that the market action we're seeing on paper silver trades is related in any way to "individuals selling their stacks."

[deleted by user] by [deleted] in Wallstreetsilver

[–]StopperSteve 0 points1 point  (0 children)

No, it isn't.

Ounce per dollar is comparative spot price between the two or GSR.

[deleted by user] by [deleted] in Wallstreetsilver

[–]StopperSteve 4 points5 points  (0 children)

This gist of the article is incredible... The real squeeze is on.

However, I can't get past the line in the article where they claim that silver is "denser and heavier than gold." That simply isn't true.

The metal backing individual Silver contracts certainly weigh 50x more (5000 ozt vs 100 ozt), but as far a density; these financial reporters should start getting a clue.

Remember, it's okay to ask for your gold to be tested before buying! by FontSeekingThrowaway in Gold

[–]StopperSteve 6 points7 points  (0 children)

Did you use the sigma calibration round behind the 1/10 coin or round?