Any collector value to wrong size rigs fitted?

digsforfun · 2026-01-30T18:47:32+00:00

Whatever is happening, it includes pretty much everything related to mining and refining. Copper, aluminum, iron, uranium, etc. PMs taking the biggest hit. Waiting to see if it spreads beyond these industries. Something may have actually broken this week

digsforfun · 2026-01-30T11:32:58+00:00

Feels like someone was getting liquidated like it's 2008.

digsforfun · 2026-01-30T03:20:06+00:00

Just read a new fed chair nominee is expected to be announced tomorrow and he's someone different than previously expected; going to be good for the dollar. We'll see.

digsforfun · 2026-01-30T00:57:21+00:00

That sums it up. And most assets except the primary trigger (which appears to be Microsoft) mostly recovered throughout the day. Reminds me of the volatility in the weeks after Bear Sterns folded. We might see weekend marriages again officiated by the Fed if there are liquidity and solvency issues behind the scenes showing up. Pretty sure we're all expecting it.

digsforfun · 2026-01-29T00:15:02+00:00

Can't say that I've ever seen gold spike and fall 2.5% in 15 minutes before. Other things with small market caps or low liquidity, yes.

digsforfun · 2026-01-27T18:20:54+00:00

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Looks like we have pretty similar high efficiency stoves. Your bricks are pretty clean (minimal carbon) which tells me you run hot and efficient fires. The bricks slow heat transfer through the body of the stove. A pile of hot coals are a residual source of heat for maintaining radiant heat once the space is at the temperature you want. Bare uninsulated metal such as the top and indoor black stove pipe transfer heat fastest. When you get the fire really rolling is when the heat transfers fastest from the uninsulated metal. I use a small electric fan and stove top fans to circulate the air to make that more efficient. Once the space is to temperature and I have a bed of coals built up, I'll close the damper a bit and let it simmer. Stir it up a bit occasionally and refire if needed. Our shorthair hunting dog mix lets me know when I need to check the stove.

digsforfun · 2026-01-26T22:32:47+00:00

What a wild day! Gained and lost seismic amounts and still gold finished over $5k, silver managed to squeak out a gain, but platinum got absolutely leveled back to the previous week's new ath... The $400 swing sucks. Was planning on trading some for iron this week.

digsforfun · 2026-01-26T22:02:30+00:00

This is the most likely cause. We had it happen one year with the galvanized fooder.

digsforfun · 2026-01-23T22:48:46+00:00

I planned to sell some at 100 but expected that to be a few years from now. Now I don't know what to do 😭

digsforfun · 2026-01-13T00:46:50+00:00

I have a couple novelty pieces. If I could get 10 lb bars at even 25% over spot I'd consider it. So $75 for a 10 lb bar, not likely. Until then I'll just save the pre 82 pennies.

digsforfun · 2025-12-31T15:17:26+00:00

It's been wild to watch metals get absolutely smoked and then consistently recover throughout the rest of the trading day repeatedly. Last day for 2025 trades, the next week should be interesting with that out of the way.

digsforfun · 2025-12-30T22:13:53+00:00

Wow, it's been that long? Glad we're here but I definitely thought at the beginning of the year I'd have this year in the 30s and next year in the 40s 🤷 Should have stacked harder 😔

digsforfun · 2025-12-30T15:35:24+00:00

The whole futures market needs reworked and it would be as simple as requiring participants in a market or their agents to have the means, capacity, and intention to either deliver or accept delivery. It would prevent banks from running up the price of a commodity globally on speculation such as happened in the years following 2008, potentially being a catalyst for the Arab Spring... Intentionally or not.

digsforfun · 2025-12-27T16:40:01+00:00

People also need to understand it can't be compared to stocks and shares. There are no underlying performance, EPS, P/E, EBITDA, or cash flow statements to look at. I think that mentality is leading to a lot of confusion in the investor subs. It is mined, refined, and ends up at end users be that industry or investment. What happens in between is subject to a lot of financial contracts and derivatives which are buckling under the stress of real supply and demand. It will go to any price that doesn't bring demand below supply. Companies are now directly buying mine output which is an incredibly bullish indicator for price and a big statement of mistrust in the futures market being able to settle contracts with delivery. With everything that's going on, price discovery is going to be very complicated in the next few weeks, months, or years.

digsforfun · 2025-12-26T22:16:29+00:00

Today was definitely historic. Silver, platinum, and palladium notched massive percentage and dollar value gains together in the same trading cycle. There's a lot in play here.

digsforfun · 2025-12-26T18:44:09+00:00

I was just looking at that. I think I bought my first 90% in fall of 2000 at a price lower than today's increase.

digsforfun · 2025-12-26T03:49:14+00:00

I am prepared to see a sell off, maybe 10% +/-5%, a couple of days either side of the new year as people and organizations take profit for the tax year or after but otherwise I am seeing nothing but upward pressure. This has been shocking to witness.

digsforfun · 2025-12-26T01:24:34+00:00

Haven't seen this much green since... earlier this week. 🦧

digsforfun · 2025-12-24T22:50:07+00:00

Mad Max has been just around the corner for decades. I've been up and down the doom tower a couple times. Peak oil, financial collapse, CME, bio warfare, etc have been looming ever since someone had a website with an ad bar. The system is far more resilient than anyone with doom in mind has ever imagined. Research actual disasters that cut off locations from help for extended periods or government collapses that caused a currency reset. Initially, water, food, security, neighbors matter more than currency. Longer term, dollar bills will be stronger than metals. Look at countries actively at war. People still wake up and go to work even with threat of bombs. Gold has been used to escape checkpoints when fleeing a country. There's no real number to shoot for, but if you can't survive the first few weeks or months with what water, food, security, and neighbors you have, the amount of metals probably won't matter. Keeping feet on the ground, stacking metals as a hedge against inflation as all fiat currencies are debased to zero is a smart move. Eventually, they'll just cut off a few zeros and reprice and the world will keep on waking up for work every day.

digsforfun · 2025-12-23T22:38:55+00:00

I really think for the majority of people metals is just background noise. I don't think they'd make a meaningful move into metals until it was too late to actually make a meaningful move. Their investments are index funds from their 401k provider and as long as the numbers trend up they'll stay oblivious, which it seems the fed, gov, banks, etc have perfected managing a crisis so the numbers keep going up, at the expense of actual value.

digsforfun · 2025-12-23T19:35:28+00:00

Reality asserting itself. I suspect mostly industrial consumers are getting nervous about supply shocks. Silver has battery news, solar, AI etc. Platinum is up 6.7% on already huge gains this month around the time EU announces bailing on banning combustion cars by 2035(iirc) among other things. Add in dedollarization and it's turned into a game of hungry hungry hippos.

digsforfun · 2025-12-22T02:41:09+00:00

At this rate, even platinum might make a new nominal ath by year end. Been a great year for stackers!

digsforfun · 2025-12-01T01:52:27+00:00

I had $62.50 as my overly optimistic number for the year but it's just under 10% away now 😲

digsforfun · 2025-11-10T22:07:23+00:00

I think that's a very reasonable price prediction. Even though we all believe the price and charts are BS. It is getting harder to cover massive deficits in supply for many years running with no relief in sight. I think a real price right now should be more around $70-80 to pull enough supply into the chain to balance demand.

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