Author Topic: ive invested in precious metals  (Read 558 times)

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Offline Lloyd Smale

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ive invested in precious metals
« on: July 07, 2021, 12:47:38 AM »
Just saw on the news where the fastest growing metal price is lead. Seems because so many cars sat during the covid deal many batterys went bad and theres a shortage of lead. Its up over a buck a lb now and climbing. When it hits 50 :o
i might part with some of the over a ton im sitting on. Want to get in on something that might take off as well as bitcoin? Ill trade you lb for lb for your silver right now ;D
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Offline ironglows

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Re: ive invested in precious metals
« Reply #1 on: July 07, 2021, 01:17:26 AM »
.
  If you are sitting on a ton of led, make sure it isn't fresh out of lead/acid batteries.   ;)  ;D
"They have the guns and therefore we are for peace and for reformation through the ballot. When we have the guns, then it will be through the bullet"      (Saul Alinsky) ...hero of the left..

Offline Lloyd Smale

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Re: ive invested in precious metals
« Reply #2 on: July 07, 2021, 04:20:15 AM »
nope all my years of casting ive never farted with a battery. I know some do and some at least knock of the posts but theres not enough lead there for me to bother swinging a hammer.
.
  If you are sitting on a ton of led, make sure it isn't fresh out of lead/acid batteries.   ;)  ;D
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Offline oldandslow

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Re: ive invested in precious metals
« Reply #3 on: July 07, 2021, 11:45:09 AM »
Brass is worth more.

Offline Ranger99

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Re: ive invested in precious metals
« Reply #4 on: July 07, 2021, 07:02:10 PM »
I've never understood, and whenever
I've asked people get po'ed
Maybe somebody can tell me

In times of turmoil and anarchy,
how do you buy a loaf of bread
or a box of salt with a gold ingot?
18 MINUTES.  . . . . . .

Offline Lloyd Smale

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Re: ive invested in precious metals
« Reply #5 on: July 07, 2021, 11:22:29 PM »
yup ive wondred the same. When shtf and half the world is starving and the other half is barely getting by and your entire day is spent trying to get or make something to eat and to keep your home warm who will trade you even a loaf of bread for a gold rock!. Might be a few at first that hope the turmoil is short lived but when they come armed busting into your house you arent stopping them with gold rocks and there going to be after your food stash not your jewerly box. Now guns and ammo will always be in demand and the worse it gets the more they will be worth. Gold is good. dont get me wrong. I never had the desire to buy it myself but its been a good investment for those who do as long as everyone has a full belly and the powers on.
blue lives matter

Offline Lloyd Smale

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Re: ive invested in precious metals
« Reply #6 on: July 08, 2021, 09:26:32 AM »
yes history tell us gold is allways important but i wonder in a post end of the world senerio if people will look to the future and think about the value of a rock that will not have a use in there lifetime. I think there going to be more conserned with things that allow them to survive. but im sure no expert on it. I guess nobody really knows. All that said given the choice between gold and a stack of 100 dollar bills my guess is the bills with make for poor toliet paper at best.
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Offline Ranger99

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Re: ive invested in precious metals
« Reply #7 on: July 08, 2021, 05:03:16 PM »
One of the reasons for asking the
question in that manner is that a
friend of mine had a goodly amount
of money tied up in gold bars.
His wife of 35+ years had packed up
and left out of the blue, and IIRC
had gathered up their cash assets
as well. He put most of his income
into gold after that and stashed it
in a safe.
I asked him several different times
how he expected to utilize the gold
after whatever kind of event happened
to come about, but it always seemed
to po him, and not knowing if the
query dredged up ill feelings about
his ex wife or exactly what, so I let it go
18 MINUTES.  . . . . . .

Offline Lloyd Smale

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Re: ive invested in precious metals
« Reply #8 on: July 09, 2021, 05:38:44 AM »
If in the active apocalyptic phase ammo, medicine, food stuffs, etc. will be paramount for survival.
Post apocalyptic real physical mediums of exchange become convenient and more common to hold value as fiat currency collapses from hyperinflation.

yup unless you can find a way to tenderize it.
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Offline Mule 11

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Re: ive invested in precious metals
« Reply #9 on: July 09, 2021, 11:00:51 AM »
If lead were gold I’d be a multimillionaire

Offline Mule 11

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Re: ive invested in precious metals
« Reply #10 on: July 09, 2021, 01:48:51 PM »
If lead were gold I’d be a multimillionaire
.
And if you knew how to turn lead into gold,
you'd be  bazillionaire....
.
.TM7
I do... Yet. I’ll never be even a millionaire by monetary standards.

Offline billy_56081

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Re: ive invested in precious metals
« Reply #11 on: July 09, 2021, 02:02:20 PM »
I have a bunch of lead, I also have quite a bit of linotype.
99% of all Lawyers give the other 1% a bad name. What I find hilarious about this is they are such an arrogant bunch, that they all think they are in the 1%.