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#1: BTP Holdings    To: Horse (#0)

Global Silver Shortage

One thing is certain and that is when silver is used, it cannot be replaced. ;)

BTP Holdings posted on 2021-05-28 21:10:10   Reply   Private Reply


#2: DWornock    To: Horse (#0)

Only fools believe what the government states because they lie and mislead far more than they tell the truth.

There may be a short-term shortage of 1 to 10 oz silver rounds, coins, and bars. However, most likely there is no silver shortage. Otherwise, mints would purchase silver futures contracts and take delivery.

Likely at this time, the demand for 1 to 10 oz silvers bars, coins, and rounds exceeds the capacity of the mints. If the demands continues long enough, the mints will build facilities to increase capacity. However, what mint wants to invest $100 million dollars to build additional facilities when the demand may be normal by the time the facilities are built?

DWornock posted on 2021-05-28 23:41:06   Reply   Private Reply


#3: TommyTheMadArtist    To: DWornock (#2)

Sounds like people are preparing for inflation....

TommyTheMadArtist posted on 2021-05-29 01:05:14   Reply   Private Reply


#4: TommyTheMadArtist    To: Horse (#0)

Maguireref.com

10 bucks over spot????

TommyTheMadArtist posted on 2021-05-29 01:10:48   Reply   Private Reply


#5: Horse    To: TommyTheMadArtist (#4)

Any quantity only $6.99 per oz over spot at Apmex.com. Warning. They charge you your state sales tax.

Horse posted on 2021-05-29 01:35:14   Reply   Private Reply


#6: TommyTheMadArtist    To: Horse (#5)

Minnesota has ridiculous taxes.

TommyTheMadArtist posted on 2021-05-29 08:10:16   Reply   Private Reply


#7: Horse    To: TommyTheMadArtist (#6)

Some states do not tax gold and silver.

Alaska, Delaware, New Hampshire, Montana, and Oregon. These states do not impose any online sales tax as of 2020.

Horse posted on 2021-05-29 08:22:58   Reply   Private Reply


#8: TommyTheMadArtist    To: Horse (#7)

Yeah.... lucky them. If they could, they would tax every breath you took and then make vigorous exercise mandatory.

TommyTheMadArtist posted on 2021-05-29 09:23:18   Reply   Private Reply


#9: DWornock    To: TommyTheMadArtist (#3)

...people are preparing for inflation....

A few smart people are. Most people will wait until the dollar loses most of its value before they do anything. Even then, only if the dollar loses value very quickly like 50% in one to two years.

DWornock posted on 2021-05-30 20:22:00   Reply   Private Reply


#10: DWornock    To: Horse (#5)

They charge you your state sales tax.

The tax is based on the state they are shipped to. If you live near the border of a non-tax state, rent a PO Box and have it shipped there. Or if you bank in the non-tax state, have it shipped to your bank. I had APMEX ship some gold coins to my bank.

DWornock posted on 2021-06-02 02:29:56   Reply   Private Reply