Mid-April 2022 news story on metals trading

[standardparts]

Shades of the Hunt brothers. Just a different metal.

Can't say if it's like the Hunt Brothers but the whole silver market thing made me a whole LOT of money. Can't imagine the mountain of silverware, silver candlesticks, silver coins, silver anything went to the smelter. Was a long time ago but remember a huge pile of nickels that sent way over face value due to some silver in the coin.

Without looking it up---somewhere around 1980 maybe?

 

[CITIZEN F16]

Can't say if it's like the Hunt Brothers but the whole silver market thing made me a whole LOT of money. Can't imagine the mountain of silverware, silver candlesticks, silver coins, silver anything went to the smelter. Was a long time ago but remember a huge pile of nickels that sent way over face value due to some silver in the coin.

Without looking it up---somewhere around 1980 maybe?

I think so. I benefited from it as I was hoarding silver coins as a kid. Being a 19 year old I dumped about $4k of it
into my car. I think silver was up to $30 an ounce back then.

 

[Big B]

Can't say if it's like the Hunt Brothers but the whole silver market thing made me a whole LOT of money. Can't imagine the mountain of silverware, silver candlesticks, silver coins, silver anything went to the smelter. Was a long time ago but remember a huge pile of nickels that sent way over face value due to some silver in the coin.

Without looking it up---somewhere around 1980 maybe?

Sounds about right. I still have my war nickels and other silver from my days of peddling Grit newspapers. Some of the old timers would pay me with silver and tell me to keep them safe as they weren't making them anymore from silver. I took their advice and kept it all and became an avid numismatist.

Many years later I acquired a 1923 hundred dollar bill. Brought it to a coin show and showed it to one of the dealers. He told me that he'd give me $95 for it. I looked at him like he was crazy and he told me that every year that I kept it I was losing about 5% on it from inflation. I still have it many decades later. He was probably right but it never broke me.

 

[barbter]

Just a warning since it wasn't posted in that thread...

Do NOT export military equipment from the US without an export permit. No body armor, optics, ammunition feeding devices or anything else that you may assume could be useful for military purposes.
ITAR violations are nothing to fool around with.

THIS x 1x BillTrillion!
If you're the British Gov/BAE systems etc, you can get away with murder - individuals nope!

 

[Demon69]

To those contributing nothing of substance to this thread: perhaps you'd do something of actual use?

Check this thread: Top European scraper (Richard King's student) from Ukraine is on war now

Send what you can to help. Do something meaningful. I just did.

Doing something meaningful:-


Bragging about doing something meaningful:-


Using the something meaningful to incite and further discord:-

 

[Trueturning]

Please don't bother, save your time and mine. I'd much prefer you never respond to anything I write, as your S/N ratio is tiny and not worth trying to filter.

Perhaps you should consider your own advice?