Owning hard assets the only way to stay ahead of inflation

[Lokmar]

Gold went up again today....Lokmeer!

goldprice.org.

....it's pushin' $2700/
Oz of yer Yankee dollarz .... Bud!

Best sell, josephine.

[JOE]

I guess you should paypal me $700 and I'll send you 20 Silver Eagles, josephine.

Add shipping to Cucknadia tho.

Hang to yer silver Lokmeer

If yer a religious person which you appear ta be better prepare fer thats times like yer Noah.

Way I look at Silver is itll be like spendin money in hard times. Just like it was in the Depression when people had stacks saved in jars. Itll buy ya food, farm equipment store goods.

But gold will be used ta buy big ticket items like houses and land eh?

[Lokmar]

Hang to yer silver Lokmeer

If yer a religious person which you appear ta be better prepare fer thats times like yer Noah.

Way I look at Silver is itll be like spendin money in hard times. Just like it was in the Depression when people had stacks saved in jars. Itll buy ya food, farm equipment store goods.

But gold will be used ta buy big ticket items like houses and land eh?

I'm selling for sure. The metals are gonna drop a fair amount and then I'm buying a shit ton of platinum in Q1. No gold, no silver.

[JOE]

Best sell, josephine.

Even if gold n silver go down they'll never be worthless Lokmeer

However same cant be said about the stock market big corporations or banks.

Like...where is Lehman Brothers today?

Or Bear Stearns?

And what happened to their shares or the employees?

All gone...Lokmeer!

But the gold people held during the gfc ain't gone.
Keeps goin up!

It may have changed hands but it's still there!

But bear Stearns and Lehman brothers aren't. They're no mo'!

[JOE]

I'm selling for sure. The metals are gonna drop a fair amount and then I'm buying a shit ton of platinum in Q1. No gold, no silver.

Yeah I see platinum as a real sleeper metal that'll have its day in the sun 1 day. May not be for a while but its comin.

Actually you oughta look at shares in mining companies

As a rule when the stock market takes a hit companies invest in commodities like silver copper and possibly platinum cuz they're stockpiling for the next boom after a bust.

Case in point during the Great Depression when everything went bust Standard Oil was busy drilling for oil in the Middle east and buying up everything cheap.

Commodities will be the place ta be even in a recession/downturn...Lokmeer.

[Lokmar]

Even if gold n silver go down they'll never be worthless Lokmeer

However same cant be said about the stock market big corporations or banks.

Like...where is Lehman Brothers today?

Or Bear Stearns?

And what happened to their shares or the employees?

All gone...Lokmeer!

But the gold people held during the gfc ain't gone.
Keeps goin up!

It may have changed hands but it's still there!

But bear Stearns and Lehman brothers aren't. They're no mo'!

Did you buy right when I told you too, josephine?
NOPE! And you missed out BIG TIME

Why the hell would you sell when I tell you?

[Oliver the Second]

I just bought some hard assets. Now to enjoy the return on my investment. 

[JOE]

Did you buy right when I told you too, josephine?
NOPE! And you missed out BIG TIME

Why the hell would you sell when I tell you?

I keep hearing that Copper is 'The Next Silver or Gold'....Lokmeer

That's where a lotta big money us piling in now.

There are supposed to be some big announcements in 2025/26 from large corporations that should push copper and silver prices higher. Related to Electric vehicles

Mind you I'd see if theres a possible dip in the copper price next year might be cheaper to but in or invest

Hint: Copper is a better investment than Lithium

[JOE]

Silver still cheap but Gold has just passed $2700 Lokmeer

[Lokmar]

I just bought some hard assets. Now to enjoy the return on my investment. 

That shit is GOOD! Personally, I'm having a sip of JD Single Barrel Barrel Proof.

[Lokmar]

Silver still cheap but Gold has just passed $2700 Lokmeer

I sold all my silver I bought @ $23-$27/oz. for $32/oz. I made out quite well. Too bad you missed out, josephine.

[JOE]

I sold all my silver I bought @ $23-$27/oz. for $32/oz. I made out quite well. Too bad you missed out, josephine.

I bought some of my silver lower than that Lokmeer.

Maybe $17 or 18 per ounce 5 years ago?

But I'm a lifer man!

In it fer the long haul Lokmeer!

You may regret selling now cuz silver might take off and surpass $35 an ounce in the near future and hit $40 in 2026.

Just my hunch but I remain bullish on Gold AND Silver...Lokmeer!

They're both Good.

Even platinum

But I tend to spread out my holdings across all 3 metals eh?


I'm tellin' you...copper may really shine in a few.

You oughta invest in copper mines n stocks Lokmeer

Often when these mining companies prospect for silver and gold they find copper in the mix. Even platinum.

So it's not a one size fits all.

They're all interrelated from a mining standpoint

[Lokmar]

I bought some of my silver lower than that Lokmeer.

Maybe $17 or 18 per ounce 5 years ago?

But I'm a lifer man!

In it fer the long haul Lokmeer!

You may regret selling now cuz silver might take off and surpass $35 an ounce in the near future and hit $40 in 2026.

Just my hunch but I remain bullish on Gold AND Silver...Lokmeer!

They're both Good.

Even platinum

But I tend to spread out my holdings across all 3 metals eh?


I'm tellin' you...copper may really shine in a few.

You oughta invest in copper mines n stocks Lokmeer

Often when these mining companies prospect for silver and gold they find copper in the mix. Even platinum.

So it's not a one size fits all.

They're all interrelated from a mining standpoint

Oh yea? It that why you kept telling me buying silver @$22/oz was risky back in February?

PWN3D! 

[JOE]

Oh yea? It that why you kept telling me buying silver @$22/oz was risky back in February?

PWN3D! 

I was buying around @ $26 & bought some more at $28,29, 30, 31 & 32.

I dont go all in on silver as much as gold cuz I've found silver is very volatile

Ifya buy too much at once it can be like getting shocked by an electric fence later on.

The mistake that's easy to make about silver is to buy too much at once.

Silver has promise but I go slow on the White metal..

But I bought some antique Canadian silver coins the other day...Lokmeer! Real beauties really nice condition

Given their condition & relatively low mintages if they were American coins theyd be worth 10x as much.

I'd buy more American antique coins and find them interesting but the deterrent is the price.

Nice American antique coins tend to be very expensive in nice condition.

But I'd still like to get hold of their odd ball issues like $2.50 3 cent large cent stuff if I could find a good price eh?

I own only 2 American coins and they cost me $500 each.

And those were the common ones.

At least the Canadian coins are more affordable and just as rare