Chapter 700

Dec 14, 2025

Silver Research

Precious metals-----draft

Buying bullion and coins at coin shows. The Capital District Coin Dealers Association holds coin shows every month at the Polish Community Center in Albany.

1887

Famous year for the Dawes Act that gave Indian's a right to own land but also redistributed most of it to homesteaders. 

pic gma

I had my gold coin verifed at a local dealer. Few days later I was interested in a generic silver eagle that was in their display. Had the clerk put on their analyszer and it was confirmed fake.

Gold and silver have had a tremendous run up in prices in the last year.

There are many "silver stacker" youtubers and this guy is quite good even though he's named in a class action lawsuit for promoting cd bullion's claim of having the lowest prices. Why would you even make that claim with the wild gyractions of spot metals prices. 

His actual data confirmed that the generics gave a better net profit than the high premium and more popular US Mint Silver Eagles.

There are many "experts" offering advice online. I'm choosing three of the following who I like.

I liked the look of my IGR cast silver bar from Istanbul Gold Refiners in Turkey. Quality couldn't find a good video.

Scottsdale Mint president video knowledgeable and informative on the metals markets. Began in Arizona but recently moving to Casper Wyoming.

Mike Maloney president of Goldsilver.com at the New Orleans Investor Conference shares a lot of wisdom.

Buying online is easy. Money Metals in Idaho is a reputable company although I chose JM Bullion for my first order as they offered new customers and ounce of gold at spot price, no commision. Free shipping no tax on bullion orders over $1000 (also applies buying from local dealers).

Investing, predicting, gambling is an unsure enterprise. There are all sorts of "fundamental" analysts using a variety of economic principles as well as many "technical" analysts using a variety of charts. The chartists like to use the fibonnaci retracement levels to establish lows and highs and ceilings floors for their analyses.

It 

Silver Demand

Solid State silver batteries could be a breakthrough for the EV sector. Giving a range of 800 miles and then a 5 minute charge is apotential game changer. Each battery could require 4 kilos of silver. It is uncertain however.

One of the pressures on the silver price seems to be JP Morgan Chase Bank manipulations.

Andy Schechman Miles Franklin very knowlegable and outspoken on the manipulations of metals prices.

Michael Oliver is one of the financial experts Sprott is in line with. A metals advocate.

Identifying real and fake metals is important. Local dealers and coin shows are one source, but buyer beware.

First Majestic Silver Corp  (symbol AG NASDAQ) President and CEO Keith Neumeyer gives insight into their mining operations. Headquarters in Vancouver, British Columbia but with  mostly mines in Mexico and Nevada but open to opportunities around the world. They also opened their own mint, First Mint in Las Vegas, NV. f

Video of inside the mine itself.

Eric Sprott is an old school Canadian Billionaire investing in silver and gold mines and financials. His interview will give you insight to his common sense approach to prescious metals investing. You can buy into his securities like Sprott Junior Gold Miners ETF  SGDJ or Sprott Silver Miners & Physical Silver  SLVR  which is a major holder of First Majestic. 

David Erfle discusses some pitfalls involved with this speculative mining sector.

John Feneck Consulting has good insight to the miners stocks.

Online Bullion Dealers

The Bullionexchanges.com  Exchange in Manhattan's Diamond District at 30 West 46th Street routinely comes up on the excellent reference  findbullionprices.com with best prices. They can melt jewlery three stories below ground before sending it out to refineries. They also stock 100's of millions of dollars of various bullion. They are good to deal with and impressive as shown in this Wall Street Journal video.

Have had good luck also with JMBullion.com , Bullion.com , and Summitmines.com but there are many more Monumentmetals.com SDbullion.com etc

My Argor Heraeus gold bar appeared legit but checked it out anyway at Ferris Coin shop with Sigma Metalytics Verifier that will penetrate all the way thru the bar.

My PAMP gold bar I also verified at Old Saratoga Coin Shop.

Selling

When is the right time to sell? You can hoard forever, die and it goes in your estate but for me it's just a short term fun exciting educational and profitable exercise. I believed in the fundamentals of short supply and heavy demand to boost price of the commodity. Had wanted to go a year but willing to take short term gains if need be. The extreme rise prompted me to sell early although I feel it should rise higher but there could be market forces that would knock down the price , correction but expect a resumption of rise. Anyway pulled the trigger. 

Financially Aware visited my Bullion Exchanges shop in Manhattan and offered some cautionary advice. With comex price below Shanghai there should be enough upward pressure on spot price however comex is increasing margin at the end of 12/26. But China is implementing a silver export restrictions Jan 1. Fourth quarter balance sheets should be coming out for miners showing high profitability due to the rising silver prices

Had amassed quite a bit of loot and didn't want to part with any of it but it was all just for profit not collection value. Sold it off for minimal profit as market was dropping and couldn't sell over Christmas holiday. Included Swiss 1 oz Argor Heraeus gold bar, multitude of 10 oz silver bars. Kept a few pieces.

So packed it up a heavy 13 pounds into this unassuming old brief case from 1963 that Mom got me for college. That case travelled all across the State from Long Island's Atlantic Ocean saltwater to the Niagara River in the DEC water quality sampling Whaler.

Second batch to sell. Year of Monkey 10 oz bar, 1 oz Gold Bar PAMP Lady Fortuna, Goden State Mint 5 oz bar. Silver Eagle, Britannias, Kangaroos, Krugerrands.