Comments on: Gold Marks First Weekly Decline in Three Weeks; Silver Scores Third Weekly Gain

By: Seth Riesling

Seth Riesling — Mon, 11 Oct 2021 11:28:43 +0000

I love your quote from J.R.R. Tolkien!…as he was an amazing man & a most accomplished linguist & author & scholar, among other accolades. I had not seen that quote since my Tolkien senior seminar class the last year of my studies at the University of Texas.
Best regards,

NumisdudeTX

By: chuck

chuck — Sun, 10 Oct 2021 15:20:31 +0000

Interesting.
We can always find something that might support our position.
What is the “fair” price of silver? If you take an 1804 silver dollar perhaps over $1 million per oz. If you take the proof 2021 silver $ perhaps over $70 per oz. Silver will go up and down but the mint likely will not lower their prices for silver coins. Prediction we will look back and say: “would have, could have, should have;” Either bought or sold silver on 10/10/2021.

By: Seth Riesling

Seth Riesling — Sun, 10 Oct 2021 06:32:42 +0000

In reply to Seth Riesling.

Congrats on the sobriety Kaiser! I don’t drink beer, because my first one was in 1976 in Germany and a Dunkel at that! A man on our NSA base took me to my first hockey game & to lunch at a nearby Gasthaus und Biergarten & I excused myself to the WC & asked if he would order me a Cola, since I was thirsty for sugar, when the waitress came around to take our order. When I came back there was a tall glass of Cola, warm as is the custom there, & I gulped a big portion & immediately did a “spit take”! – it of course was a dark as coffee Dunkel bier I had never heard of & I haven’t drank beer since then. He played a good trick on me for sure. Lol. I like German eiswein, & semi-sweet German white wine, but only buy a bottle of each per year (I drank enough alcohol as a frat boy in college & at the gay bars on weekends such that I just don’t care much for it anymore.) I never smoked either. My addiction, like yours it seems, is numismatics! And you can’t take it with you, so I planned in 1990 with a living trust lawyer for my 2 nephews, and later 2 more nephews to inherit my coin stash.
I admire a guy with the fortitude to abstain like yourself. Mazel Tov!

NumisdudeTX

By: Seth Riesling

Seth Riesling — Sat, 09 Oct 2021 23:51:34 +0000

Kaiser –

When I was at university 1980-86, I was on almost every major & minor numismatic, precious metals investment newsletter mailing list. I ordered coins & other numismatic items from one company & they would sell my name & address to other companies for like $5. Anyway, every single newsletter from expert precious metals analysts/licensed brokers predicted $100-$1000 per ounce silver “soon”. Of course, silver has never in history been at more than about $50.35 per ounce in 1980. And the similar newsletters, & some of the very same ones, are still, after 40 years, predicting $100-$1000+ per ounce silver!! Lmao…it ain’t going to happen folks if it hasn’t happened in about 5,000 years!! Lol. Mexico has the largest silver mine in the world & the country is awash with silver. They even put a small amount in a circulating ringed bi-metallic peso coin just a few years ago. And the government of Mexico keeps the price of silver “adjusted” to favor local jewelry industry & coin/ingot products.
If silver hits over the historic high of about $50.35 per ounce, I owe you a Wienerschnitzel dinner with all the trimmings (German potato salad, pomme frites etc.) & unlimited liters of beer!! Prost!

NumisdudeTX
(Keep Austin Weird)