Now What Will Happen?

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12 responses to “Now What Will Happen?”

  1. FWIW: As of right now, 19:42 New York time 12/24/2025, Kitco shows the price of $71.85 per ounce.

    1. Which means you can buy silver eagles now with a guaranteed profit of almost $7 at now risk.

      1. Spot price $71.85
        Silver Eagles with premium are $79.92
        You’re unlikely to buy Eagles at the spot price.

        1. If you buy 20 eagles, your premium is roughly $10. An eagle should be $89.75 based on the current price of silver in Shanghai. It can be bought online at about $82. This is the same thing that happened at Thanksgiving. This differential is bringing Western banks to bankruptcy but people don’t understand what is happening. I have to wonder if Trump did not know this was planned and tried to buy time by making December 24 and 26 federal holidays to close the US stock markets.

  2. Is it just me, or is anyone else getting the message that video is no longer available? This is the second one today, the other one was from Wes.

  3. Franklin Sanders, The Moneychanger, now retired but working for his son’s PM dealer, Volunteer Precious Metals, says 90% junk has the lowest premium now. Franklin is fine ma M who has served my family for PMs for decades. I will buy from no other and recommend VPM without reservation.

    1. Junk silver has two issues:
      1. A portion of the silver content has been removed from wear.
      2. Refineries do not want to smelt alloys instead of pure silver.

      1. Yet, regardless of (average) wear, won’t 90% silver coins be a near-perfect form of currency acceptable to all?

        Known value, no counter-party risk, accepted by both sides of a transaction.

        While, at the same time, paper money will be butt-wipe or kindling!

        1. DWEEZIL THE WEASEL Avatar
          DWEEZIL THE WEASEL

          True that. In its last session, the Idaho State Legislature passed a law allowing silver and gold to be used as legal tender in all transactions. Five 90% silver quarters will come in handy when you need food other needful things. We are in for a rough time in 2026. Plan accordingly. Bleib ubrig.

        2. Silver content in circulated coins:

          Junk silver coins (pre-1965 U.S. dimes, quarters, halves) are primarily 90% silver and 10% copper by weight, but years of circulation cause wear, reducing their silver content slightly; a dollar’s face value in these coins (like 40 quarters or 20 half-dollars) originally held 0.7234 troy ounces, but now averages around 0.715 troy ounces (about 22.2 grams) due to wear, making their value tied to melt value, not numismatics.

          OR

          Approximately $0.60 per $1 face value (or about 1.16% less for circulated).For larger amounts:$100 face value → ~$60 difference
          $1,000 face value bag → ~$600 difference

          This wear loss is why “junk silver” bags are priced using the 0.715 factor—it’s based on real-world refining yields and ensures fairness for mixed circulated lots.

          But junk silver must be refined for their silver. With refineries at full capacity, they do not want to refine these coins so their value currently is below spot.

  4. So happy I started buying at $8 an ounce.

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