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  1. #11  
    Senior Member Tecate's Avatar
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    Palladium is going parabolic! It’s been rising $20-$70 each trading day for a while now. I wonder what’s happening with it? I owned two measly 1oz bars and converted them to tubes of silver Eagles at less than half this price. I should have sat on them a bit longer and turned them into over twice as much silver. Hindsight is 20/20 right? Swing and a miss...
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  2. #12  
    Senior Member old dog's Avatar
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    Quote Originally Posted by cadillac shark View Post
    When Polaroid and Kodak went out of business, silver waved bye-bye.


    It's still good for black & white photographs... using halide photographic-paper.
    Although there are still plenty of industrial uses this is an excellent point.

    One other point to consider in precious metals saving/investment is their possible use if everything goes to hell. You're not going to be able to barter for gas or groceries with a ten ounce bar or a one ounce $50 gold coin. Pre-'64 silver coins, pre-'34 silver dollars, 1/10 ounce $5 coins and vintage quarter eagles have a widely recognized value/acceptance and are more suitable for small/medium transactions.

    As for non-precious metals 223 and 9mm will always be of negotiable value.

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  3. #13  
    Senior Member Old n Grumpy's Avatar
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    As for non-precious metals 223 and 9mm will always be of negotiable value.
    And be sure to invest in some stocks.

    Ones with guns & hi cap mags attached.
    I love the sound of liberal heads exploding in the morning!!

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  4. #14  
    Senior Member Tecate's Avatar
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    Quote Originally Posted by old dog View Post
    Although there are still plenty of industrial uses this is an excellent point.

    One other point to consider in precious metals saving/investment is their possible use if everything goes to hell. You're not going to be able to barter for gas or groceries with a ten ounce bar or a one ounce $50 gold coin. Pre-'64 silver coins, pre-'34 silver dollars, 1/10 ounce $5 coins and vintage quarter eagles have a widely recognized value/acceptance and are more suitable for small/medium transactions.

    As for non-precious metals 223 and 9mm will always be of negotiable value.
    I’m looking to make money and not for TSHTF scenario. Agreed that the pre-1964 half dollars, quarters, and dimes would be of the best utility though. Several years ago, you could buy all of the 90% junk silver you wanted for spot or melt value. $1.00 face = .715 oz of silver. I’ve got a $1000 face bag of walking liberty half dollars, Franklin’s, and 1964 Kennedy’s that I accumulated over time. If I could turn back the clock, that would probably be the only form of silver I would have bought.

    Lead and brass are also well covered. I like to purchase that in bulk as well.

    On edit: You can make money on a precious metals bull market, which I believe is far from over. I’ve already taken some profits along the way.
    Last edited by Tecate; 01-18-2020 at 04:45 PM.
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