Buying CPUs, Laptops, Motherboards, Silver Plated Brass - Page 10

That's a great question. My thoughts are that it will spike up somewhere between $30-$35/oz. Net gains would probably depend on what type of and when the silver was purchased. I bought a couple rounds a few years back when it was closer to $19/oz. I had to pay $5.00 over spot price. Where silver currently sits I would be able to sell it and make a profit. It might only be about $10-$15 for what I have, but looking at the bright side it would definitely be worth a few cups of coffee for my efforts.

The silver market is being manipulated BIG TIME as there are those doing the tricks and ADVERTISING for people to invest in silver. The gold market is just along for the ride, but is not being pushed in the same ways as it's a whole different horse and not just a horse of another color.

So that being said. I see the silver going up, BUT it will crash when it get's to the proper point where the people behind the curtain can CA$H IN.

MANY are selling their fake and over priced "silver" items and making a good profit right now.

So the BIG question is when do you buy and when do you sell depending on what your plan is.

AND HOW MUCH OF YOUR PRECIOUS METALS IS THE REAL DEAL and not of the MANY FAKES out there EVERYWHERE...

I personally have little interest in selling as I don't have much invested in the PMs I have as they are all bought and paid for long ago and the stuff I buy these days is a collectable coin or a popular silver item or well worn older coins that are best for the artists and hobbyists.

Ummm ... thinking back ... it's been over 40 years since i bought & sold silver as an investment / hedge against inflation. The concern back in the late 70's & early 80's was that the U.S. economy might collapse and that the dollar could lose all of it's value. You would be in a pickle if you didn't have some form of currency to buy and sell things with. The idea was that you could use silver to purchase smaller things like groceries and pay for the bigger things like a car or a house with gold.

Sounds crazy, but i actually made a significant down payment on a new truck with gold. As a young fulla just starting out ... i didn't have any kind of a credit history but the owner of the dealership was more than happy to co-sign my truck loan because he figured me for being a good risk.

Back then ... it was common to buy junk silver coins at $ 1,000.00 face. You were essentially buying the silver content which was generally about 90%.

They still do something similar today.

https://www.jmbullion.com/90-silver-...10-face-value/

You don't pay as much over spot this way. Another advantage is that most people recognize US issued coins as being 90% silver so it's easier to do transactions with them. It's often a question with bullion bars. (They might be fakes.)

Anyhow ... i was rummaging around and found a good historical silver chart that goes back 100 years. The nice thing about it is that is it's inflation adjusted to the value of today's dollars. Makes it easier to compare back then to where we are today.

Silver hit it's all time high of $ 142.61/oz back in January of 1980. The price peaks and crashes seem to roughly correspond to US economic recessions. It's high going in and it bottoms out as we are exiting a recession.

https://www.macrotrends.net/1470/his...100-year-chart

Originally Posted by hills

Ummm ... thinking back ... it's been over 40 years since i bought & sold silver as an investment / hedge against inflation. The concern back in the late 70's & early 80's was that the U.S. economy might collapse and that the dollar could lose all of it's value. You would be in a pickle if you didn't have some form of currency to buy and sell things with. The idea was that you could use silver to purchase smaller things like groceries and pay for the bigger things like a car or a house with gold.

Sounds crazy, but i actually made a significant down payment on a new truck with gold. As a young fulla just starting out ... i didn't have any kind of a credit history but the owner of the dealership was more than happy to co-sign my truck loan because he figured me for being a good risk.

Back then ... it was common to buy junk silver coins at $ 1,000.00 face. You were essentially buying the silver content which was generally about 90%.

They still do something similar today.

https://www.jmbullion.com/90-silver-...10-face-value/

You don't pay as much over spot this way. Another advantage is that most people recognize US issued coins as being 90% silver so it's easier to do transactions with them. It's often a question with bullion bars. (They might be fakes.)

Anyhow ... i was rummaging around and found a good historical silver chart that goes back 100 years. The nice thing about it is that is it's inflation adjusted to the value of today's dollars. Makes it easier to compare back then to where we are today.

Silver hit it's all time high of $ 142.61/oz back in January of 1980. The price peaks and crashes seem to roughly correspond to US economic recessions. It's high going in and it bottoms out as we are exiting a recession.

https://www.macrotrends.net/1470/his...100-year-chart

Silver Thursday (1980): The Hunt Brothers’ Attempt to Corner the Silver Market and the Resulting Market Crash

Originally Posted by alloy2

Silver Thursday (1980): The Hunt Brothers’ Attempt to Corner the Silver Market and the Resulting Market Crash

Absolutely! You nailed it alloy.

Just dumb luck when i was starting out as a young man. I bought in when the price was a bit lower and sold just before the crash. Right place / right time was all.

Markets are up and prices are updated

There is a lot happening on the global level. Gold set a record high of $ 2364.00/oz on Tuesday. The link below provides pretty good information on some of the different forces in play.

https://www.cnn.com/2024/04/09/econo...ghs/index.html

Originally Posted by hills

There is a lot happening on the global level. Gold set a record high of $ 2364.00/oz on Tuesday. The link below provides pretty good information on some of the different forces in play.

https://www.cnn.com/2024/04/09/econo...ghs/index.html

Whoo boy .... gold broke $ 2,800.00 on Friday 1/31/25. It may hit $ 3,000 sometime this winter.

Gold and Copper are on the move. Pricing Updated!!!

New item added to the list - Electrical Panel Circuit Breakers - Happy Scrapping!!!

Some updated numbers on copper bearing scrap to reflect the market change.

New item added to the list - Pewter - $5.00/lb.

Pricing updated to reflect the increase in the markets

Pricing updated to reflect the increase in the markets

Prices Updated!!!

Updated Pricing to reflect current market conditions

Fingers crossed.... From the way it's been moving this week it may hit $3000.00/oz. before winter.

Gold broke $ 2,900. Non ferrous seems to be on the move as well.

Gold is up and so are prices. Prices updated!!!

I have a bunch of processors, RAM and cellphones. How do I go about sending to you, and do you even want it?