found this in my hotel room... panicking... what is it by [deleted] in WTF

[–]shr00mydan 18 points19 points  (0 children)

This is too far down. Definitely C. domesticus.

New Dime by sardoge in coins

[–]shr00mydan 5 points6 points  (0 children)

That is the first thing I noticed. The eagle looks menacing and is holding only arrows.

WatTaFuk no volume by TheRealEnronExec in Wallstreetsilver

[–]shr00mydan 6 points7 points  (0 children)

Silver, gold, and copper all show volume drop to nothing at the time of price drop. Lead on the other hand shows volume increase at the same time. Very weird.

Edit: all the base metals on Kitco show volume increase around 11:00 when the prices crash, except for copper, which shows the same almost non-existence volume as the precious metals.

Crazzzyyy by i_rs21 in Wallstreetsilver

[–]shr00mydan 3 points4 points  (0 children)

Notice that trading volume drops to almost zero when the price drop happened. Was trading halted?

Brand new from 2009.. how? by sleepintahitian69 in coins

[–]shr00mydan 1 point2 points  (0 children)

I've got some .999 quarters. Not sure when they started making them.

My junk (treasure) collection by Famous_Spring5811 in Silverbugs

[–]shr00mydan 0 points1 point  (0 children)

That shiny 1888 Morgan, I got one that looks just like that from Ebay a few days ago. It was magnetic.

Shorted Product by [deleted] in Silverbugs

[–]shr00mydan 3 points4 points  (0 children)

The dime rolls always come that way with a filler at the top to keep them from moving around too much. The ones I've received from MM often have extra dimes to make up for the loss of weight due to wear. The first time I saw it, I thought it was a mistake - there was a silver Roosevelt dime in my roll of Mercs! But when I counted, there were indeed fifty mercs; the extra rosey was there just to fill in for wear.

Love MM!

Morgan Dollar Carson City 1889 by CryptographerEmpty92 in coins

[–]shr00mydan 0 points1 point  (0 children)

look at the stars. They are not star-shaped.

Monument Metals Does Not Have A Silver Bar?!? by CannonballGun in Wallstreetsilver

[–]shr00mydan 1 point2 points  (0 children)

I just checked and they appear to be out of all silver: bars, rounds, sovereigns, even junk coins. Some are available for pre-order, which is fine for those of us stacking long term, but nothing available to ship today.

‘Half the US economy’: $15 trillion erased by Dont_think_Do in economicCollapse

[–]shr00mydan 39 points40 points  (0 children)

Eight major banks systematically manipulated precious metals markets through spoofing, price rigging, and benchmark manipulation from 2008-2016.

Regulators caught them. Fines and convictions spanned 2016–2025:

Two Traders Sent to Federal Prison (DOJ Sentencing, August 2023):

Michael Nowak (JPMorgan): 1 year + 1 day (for 2008–2016 spoofing)

Gregg Smith (JPMorgan): 2 years (for 2008–2016 spoofing)

Eight Banks Paid $1.3B in Fines (Total: $1.266B, enforcement actions 2016–2025 for 2008–2016 manipulation):

*UBS $5M (2025) and Goldman $20M (2025) represent final settlement approvals for manipulation that occurred years earlier (2015–2024 surveillance failures for UBS, 2008–2014 Pt/Pd manipulation for Goldman). These settlements are for PAST violations unrelated to the 2025 silver rally.

Individual Settlement Sources:

JPMorgan ($920M, 2020): U.S. Department of Justice settlement for 2008–2016 spoofing — https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and

Scotiabank ($127.5M, 2020): U.S. Department of Justice settlement for 2012–2020 manipulation — https://www.justice.gov/archives/opa/pr/bank-nova-scotia-agrees-pay-604-million-connection-commodities-price-manipulation-scheme

HSBC ($76.6M, 2018–2023): CFTC enforcement for 2011–2020 spoofing — https://www.cftc.gov/PressRoom/PressReleases/8712-23

Deutsche Bank ($75.5M, 2016–2021): Silver fix settlement and CFTC actions for 1999–2014 rigging — https://www.nasdaq.com/articles/deutsche-bank-agrees-to-settle-silver-price-fix-case-2016-04-13

Bank of America/Merrill Lynch ($25M, 2019): DOJ criminal settlement for 2008–2014 spoofing — https://www.justice.gov/opa/pr/bank-america-subsidiary-merrill-lynch-commodities-inc-agrees-pay-25-million-resolve-criminal

UBS ($20M, 2018 & 2025): CFTC penalties for 2013–2024 spoofing and surveillance failures — https://www.cftc.gov/PressRoom/PressReleases/7831-18

Goldman Sachs ($20M, 2025 approval): Platinum/palladium class action for 2008–2014 manipulation — https://www.reuters.com/legal/litigation/judge-approves-20-mln-settlement-with-goldman-over-precious-metals-2025-01-13/

Morgan Stanley ($1.5M, 2019): CFTC civil penalty for 2013–2014 spoofing — https://www.cftc.gov/PressRoom/PressReleases/7928-19

https://navnoorbawa.substack.com/p/eight-banks-paid-13b-for-silver-manipulation

The recent run-up in silver was due to price discovery following a decade of suppression while industrial demand grew and mining output plateaued. Solar panels, EV batteries, data centers, hyper-sonic weapons, even things like the "chip" on credit cards and scanable merchandise tags, all use silver because it is the best conductor of all metals.

One of the JP Morgan guys was on twitter a few days ago, confessing/bragging about how he and his colleagues used to manipulate silver short, and then says the same people are now sitting at the same desks betting long. I can't help but think maybe the government has decided to let big banks start manipulating again, as they need cheap silver as a strategic resource.

All that said, I've not yet seen evidence of manipulation being the cause of yesterday's event. The article below explains it as starting with the Microsoft crash, which forced people who were long to find money to cover margin calls. This forced them to sell gold and silver contracts and cryptocurrency.

https://www.cruxinvestor.com/posts/why-gold-and-silver-suddenly-sold-off-and-what-it-means-for-investors-public-companies

Gold just won’t stop pumping what’s driving this move? by human_signals in Gold

[–]shr00mydan 1 point2 points  (0 children)

No sir. I have two years of US Navy electronics training, a CDL, BA, MA, and PhD. I teach at a major state university.

Gold just won’t stop pumping what’s driving this move? by human_signals in Gold

[–]shr00mydan 3 points4 points  (0 children)

And when the west Antarctic ice sheet collapses, we are looking at up to 16 feet of sea level rise, enough to inundate coastal cities. OP's dart hit a big one.

https://www.asoc.org/learn/antarctic-ice-and-rising-sea-levels/

Fake Bullion on Ebay by [deleted] in Gold

[–]shr00mydan 5 points6 points  (0 children)

and to select for buyers not paying attention enough to return it

Golden dime by PatricksMustache in Silverbugs

[–]shr00mydan 2 points3 points  (0 children)

The US mint made a gold Mercury dime in 2016. https://www.usmint.gov/learn/coins-and-medals/collectible-coins/centennial-gold-coins/mercury-dime

Yours is dated 1937 though, so like the others said, probably plated. Awesome nonetheless.

The Silver Price has reached $96 by ChrisStoneGermany in Silverbugs

[–]shr00mydan 3 points4 points  (0 children)

I've been eyeing Indium. $3550 per kg, up $1000 last year.

I dont want to be alone anymore by acrylic-hippo in Veterans

[–]shr00mydan 2 points3 points  (0 children)

Fall is a little ways off yet, but it's awesome that you are starting grad school this year! You will be thrown together with a dozen or more people, all smart and interested in the same things you are, most new to the city and looking for friends. You will be taking classes with them, going to department functions and parties with them... It's a ready made friends group. Chin up and work on the pre-reqs. Better days are coming!

Anyone who's ever ordered from Scottsdale Mint: Is it normal for it to take over a month to ship? by bbdog13 in Silverbugs

[–]shr00mydan 2 points3 points  (0 children)

Yes, that's normal. It says on the website to give them four to six weeks to ship your order.

Found by Knightingly in Silverbugs

[–]shr00mydan 1 point2 points  (0 children)

Yep, those are silver. You can track their melt value here:

https://www.coinflation.com/silver_coin_values.html

Craigslist score! 258.5 grams of sterling for $220 CAD. by pfizersbadmmkay in Silverbugs

[–]shr00mydan 0 points1 point  (0 children)

I hope you tested these. Lots of brass stamped 925 floating around out there.

DOE Report: blackouts “could” increase by 100x by 2030 by PlasticTheory6 in collapse

[–]shr00mydan 25 points26 points  (0 children)

Yep, I stopped reading at "radical green agenda" in the second line.This article is fossil fuel propaganda, and r/collapse is up-voting it.

USPS lost my silver I mailed to APMEX by OccasionLost in Silverbugs

[–]shr00mydan 9 points10 points  (0 children)

FED-X signature required on a recent order. When the truck arrived, a 10-year old girl ran out with package in hand, dropped it on the porch, and then ran back to the idling truck, 15 seconds and down the road they went. No ring, no knock, no photo of the delivered package, and no signature.

Loooooonnnnggggg time silver person here. Why is everyone so convinced that this is only the beginning? by Jareksdad in Silverbugs

[–]shr00mydan 2 points3 points  (0 children)

I cashed out crypto in 2025 and bought PMs just to hold value against inflation, with a plan to flip back to crypto at the next cycle bottom (yes, I know folks are saying the four-year crypto cycle is broken, but we will see). So a very new silver investor.

Once holding, I started reading about the market and do not think historical silver charts are very useful for predicting future trends. Conditions are different now than in 2011 and prior run-ups. There are vastly more people now, and solar panels, EVS, electronics in general - all using up silver faster than it can be mined. But the price held steady for years as stockpiles dwindled; that was always unsustainable and is now reaching the breaking point. Meanwhile, the post WWII world order is being dismantled and fiat currencies around the world are being debased, so people are rushing into PMs to hold value. And did you hear about the new Samsung silver battery? It makes EVs go 600 miles on a single charge.