$ (Au, Ag, Pt) Precious Metals - Gold, Silver, and the Platinum family of metals

[Duiker]

Imagine buying stock in a company that isn't even close to being profitable just on the hopes they manage to get to orbit.

Worse yet, imagining SELLING precious metals for stock in a nonprofitable company.

 

[Fascist Kirk]

I lived thru 2007- 2011 this is not my first rodeo, after I got f'd by my 401k, my TSP, my wife. Lost the house Lost the wife Lost the dog, I told myself never again

My biggest regret right now is I wish I would have sold more silver November thru January when we was pushing 100 dollars.

What's the prevailing narrative for Gold prices dropping?
Afaik it's rising oil prices pulling capital flows away from Gold hedging and also gold reserve selling by Russia.
Is there another narrative?

Liquidity is drying up The economy is stalling out, the cure for high prices is high prices.
CME REIT's, Defaults on Cars, Foreclosures on houses, The Private Credit market Gating withdraws . . . . Think of the Hotel California by the Eagles, you Can check in but you never check out . . . . This is the slow moving correction slash crash and as things get bad .... badder ....... baddest ..... all the things will go down in value and you will wish you had some liquidity to buy all those things at a discount.

Now that you mention it, a lot of people got into G / S with the hype run going over the last year. I can see a lot of them getting out bc of momentum dropping and better opportunities in equities.

Not even equities its Treasury notes 1 -5 months giving 4% interest, 30 year at 5 ..... its better than buying space X at the tippy top because its safe ..... when equities take a bath everything will go down even pet rocks and every one will be asking why didn't I get into liquidity?

 

[The Stranger]

when equities take a bath everything will go down even pet rocks and every one will be asking why didn't I get into liquidity?

hyperinflation is going to rape your entire ass lmao

 

[gernig]

I don't think anyone is going to be safe when hyperinflation occurs.

 

[Fascist Kirk]

hyperinflation is going to rape your entire ass lmao

Hyper inflation has been raping all asses since the fed Created 40 percent of the currency into existence in 2020, and loaned it out at interest.

However the people who borrowed that money for there mc mansions at a fixed low interest, or bought that new hemi with a 3% APR 72 month loan are going to have a hard fucking time with out a job ......

Hyper inflation lol I would like to get back to you in 6 months and continue this conversation .....

The Hyper inflation part is over welcome to the bust and Deflation got liquidity?

 

[Sexy Senior Citizen]

hyperinflation is going to rape your entire ass lmao

It already has. We just haven't noticed because of the industrious ingenuity of companies working to hide the effects from you. But sometimes, they can't. Exhibit A: the price of a can of tomato soup. Tomato soup cannot easily hide the effects of inflation, unlike cars or appliances (incidentally, planned obsolescence is a way for companies to sidestep the effects of inflation).

 

[beautiful person]

The US Mint is releasing the Semiquincentennial Silver Proof Set today at noon eastern. The penny, nickel, and $1 coins don't have silver, but the others are 99.9% silver. Adding together the silver amounts comes out to 1.473 oz total in the set. The premium is still crazy at $245, but it's more of a collector's thing, so I'm going to post this in the numismatics thread as well.

 

[The Punished Mitch]

Be interesting to see how hard we get raped into the weekend this time

 

[Lone MacReady II]

Market "1488 people in the chat" Sniper on GoLd ReVaLuAtIoN and why it likely wont happen, why crypto is a gay pump and dump, how China is going to take (and has been groomed for) the reigns of global hegemony, why the Strait of Hormuz war for Israel is even faker and gayer than crypto, and why precious metals are still the best bride to have during a fiat currency debt based collapse.

Be interesting to see how hard we get raped into the weekend this time

Just remember, if you go to the Jew.S. Mint's website and look at their price for 1 Silver oz., it hasn't gone down a single cent, it's still $160+.

They know what's up long term, they orchestrated it, and they are capitalizing on it as they always do. Hold fast.

 

[beautiful person]

JM Bullion has cull Silver Eagles at spot. I got a few earlier this morning.

They just arrived. This is what counts as cull:

They all have very faint fogging, one has a little toning, and another has some scratch marks that might possibly be more than what you'd see on a standard BU. But honestly, that's me grasping for reasons they might be cull, because they're actually really nice. I think I spent $67 each.

In other news, spot's back up:

 

[Peaches the Wonder Cat]

They just arrived. This is what counts as cull:
Ver archivo adjunto 9149107
They all have very faint fogging, one has a little toning, and another has some scratch marks that might possibly be more than what you'd see on a standard BU. But honestly, that's me grasping for reasons they might be cull, because they're actually really nice. I think I spent $67 each.

That is cull for ASEs. Most people expect perfection. There are really high standards for BU ASEs which means you can get killer deals and still own silver.

 

[Top_Dollar]

I just bought three 1 ounce bars for $300. I was waiting for it to go down before I started stacking again, however no place has fractional platinum near me. Next pay check I am going to buy a couple grams of gold now that it's below $200 a gram again.

 

[Lone MacReady II]

100% Organic, Farm-raised, All natural market activity. Nothing to see here, just fresh, bottled, cream of the crop, salt of the earth "normal".

Iudea Delenda Est.

 

[Lurking no more]

Ver archivo adjunto 9159162
100% Organic, Farm-raised, All natural market activity. Nothing to see here, just fresh, bottled, cream of the crop, salt of the earth "normal".

Iudea Delenda Est.

Why are you looking a gift horse in the mouth? Each drop just means you can get that little bit more.

 

[Fascist Kirk]

I am liking the correction, if we get down into the 40's on silver I am going to back the truck up and spend some liquidity!

 

[TH3 H4NG3D M4N]

The US Mint is releasing the Semiquincentennial Silver Proof Set today at noon eastern. The penny, nickel, and $1 coins don't have silver, but the others are 99.9% silver. Adding together the silver amounts comes out to 1.473 oz total in the set. The premium is still crazy at $245, but it's more of a collector's thing, so I'm going to post this in the numismatics thread as well.

Just remember, if you go to the Jew.S. Mint's website and look at their price for 1 Silver oz., it hasn't gone down a single cent, it's still $160+.
They know what's up long term, they orchestrated it, and they are capitalizing on it as they always do. Hold fast.

I looked into a lot of US Mint stuff this week b/c I was interested in getting a 2026 Peace and Morgan Dollar set (the whole "250-years-old-Murica-heckin-yeah!" thing), and I like the dollar designs. One thing led to another and I wound up doing a deep dive into these topics of the US Mint's recent behavior.


So I wanted a set of the 2026 Peace and Morgan dollar series. I went to the US Mint site, saw the prices, and went "Nope." I started watching youtube videos of 2025 unboxings. In the video comments section, I found the Peace and Morgan collectors repeatedly saying that 2024 + 2025 (and now 2026) had super-high premiums, the 2025/2026 low mintage volume (half of previous years) was "the US Mint forcing scarcity" as a buying tactic, and that in 2025 they allowed retailers to make bulk purchases of the coins which screwed over individual collectors. All these P&M collectors were saying how 2025 was the year when they got sick and tired of the US Mint's bullshit and refused to play their game.

Something about retailer bulk purchases being allowed for the first time, along with record-low mintages screamed "desperation" to me. A sale is a sale; why screw over collectors if you don't have to? Why halve the volume and double the price, unless there is some production cost issue directly tied to the physical metal. I went to the US Mint site and found that every type of 2025 P&M dollar is still available on there right now. Nobody wants them compared to previous years. Nobody.



I went on the PCGS site and discovered that 2025 currently has the lowest number of P&M dollars graded out of any year since 2021. Demand has plummeted. Additionally, the US Mint put the current 2026 P&M series on hold back in January from the surge in silver's spot price then. The whole modern series has been plagued lately with silver spot fluctuation causing lower mintages, higher premiums, and plummeting demand as most collectors get priced out or call bullshit. All this after 2022 was a cancelled year for the series.

I looked at the US Mint's 2025 Annual Report, and it describes a lot of issues the US Mint has with silver bullion.


TLDR; they aren't greedy, just incompetant and unlucky.

In 2025 the US Mint had a net loss of $14.6 million USD in their silver bullion/numismatics program due to their silver hedging strategy and silver spot prices going high at the end of the year. Due to silver volatility, the US Mint is essentially forced to mint lower volumes of silver numismatics and increase their premiums, all while losing collector demand. I think 2026 is likely the last year the Peace and Morgan dollar series will be minted.

Spoiler: The US Mint is losing money on silver bullion

First of all, these are the people running the US Mint.

Spoiler: I mean, just look at them.

The silver numismatic losses stem from the mint's silver bullion hedge strategy plus erratic silver spot prices.




Silver coin products are by far their best sellers at ~50% of their total numismatic sales yet the mint's entire numismatic program's net profitability decreased 37% from 2024 to 2025. They sold about 20% less products in 2025 vs 2024, at higher premiums and only made 4.5% more sales revenue (low mintage + higher premiums = same profit w/ inflation).

Even though 2025 Morgan proof dollars were top seller #5 in the list, this is still a record-low mintage of the modern P&M dollar series and they did not sell all of them. You can still buy this coin on their site right now.



They are fucked with their silver numismatics. On one hand, they account for half of all numismatic sales. On the other hand, they are still at a net loss of about $15 million USD with silver. And they are minting fewer silver products overall. They minted 12 million (44%) less silver american eagles in 2025 than in 2024.




They hedged $760 million on silver using credit between January 13th to February 23rd according to their report (this was to their advantage).





If the COMEX runs critically low on registered silver this year as many suspect they are going to, the CME Group will probably exercise "force majeure" and do cash settlements, delay deliveries, or straight up cancel contracts. If/when this happens, the physical price of silver will surge. Since the US Mint buys back silver at the year's end, who knows how this year might turn out. Again, wild volatility is the issue and trying to hedge anything silver-related at this point other than long-term physical holding means fuck-all.

The US Mint has serious silver bullion issues, and minted far less silver coins in 2025 than in 2024.

I reconsidered buying the 2025 + 2026 P&M dollars given that these might be the some of the last years they are minted. The US Mint is required by Congress to mint American Eagles, but coins like the P&M series can be discontinued at any time. Nothing about next year's 2027 P&M series has been announced so far, which is somewhat unusual. Even with the record-low mintage of the 2025 dollars, there have been even less purchases. 2026 is the US Semiquincentennial; these dollars will probably sell out, leaving 2025 as the "key date" for the series. Interestingly, 2025 is the all-time lowest mintage of the Peace dollar ever, going back to its first minting in 1921.

I went ahead and bought a full set of the 2025 Peace and Morgan dollars from the US Mint and subscribed to the 2026 ones. I am not planning on flipping them and they are not a good investment. Just wanted a set and these years seem like good memento years to me of the moment when silver's value could no longer be surpressed or represented by paper and everything from commodity exchanges to national strategic reserves to government mints all went bust.

And years from now my friends will say "You could have bought a kilo of silver with the same money, but instead you bought some dumbass bitch coins. Good job retard."

 

[Mergers and Acquisitions]

I know several millennials/zoomers who have gotten into stacking over the years, but mostly just generic bars or rounds, I don't know anyone who buys proof sets. I'm usually just looking for stuff close to spot that I could trade or resell easily if needed. Maybe coin collecting in general is dying off with boomers like stamps?

 

[Top_Dollar]

I know several millennials/zoomers who have gotten into stacking over the years, but mostly just generic bars or rounds, I don't know anyone who buys proof sets. I'm usually just looking for stuff close to spot that I could trade or resell easily if needed. Maybe coin collecting in general is dying off with boomers like stamps?

In my opinion the only coins that are worth collection are ones that hold value, like ancient Greek or Roman coins.

 

[Lurking no more]

I know several millennials/zoomers who have gotten into stacking over the years, but mostly just generic bars or rounds, I don't know anyone who buys proof sets. I'm usually just looking for stuff close to spot that I could trade or resell easily if needed. Maybe coin collecting in general is dying off with boomers like stamps?

My Grandpa used to buy me a proof set every Christmas, it's what got me into coins to begin with, and I do collect some non-metal coins, but yeah, the only people I know other than me who collect coins are little kids who just think foreign currency is neat. And even with me, the vast, vast majority of what I have is old constitutional silver.

 

[Fascist Kirk]

Gold under 4k is a tempting offer, don't tempt me Market!