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Business
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Title: Hey - Precious Metals - What's Happening?
Source: [None]
URL Source: [None]
Published: Jul 5, 2015
Author: Chuck_Wagon
Post Date: 2015-07-05 13:22:18 by Chuck_Wagon
Keywords: gold, silver, money
Views: 11549
Comments: 57

Hello there, folks.

I am starting this thread for those who are interested in
'hard money' - call it 'paleo-investing' it you will.

The silver price has apparently been suppressed - for a while.
Many so-called pundits and prognosticators predict that it MAY
soon move upwards.

The purpose of this thread is to keep track of these things.
Participate if you will...

Post Comment   Private Reply   Ignore Thread  


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Begin Trace Mode for Comment # 28.

#1. To: Chuck_Wagon (#0)

The silver price has apparently been suppressed - for a while. Many so-called pundits and prognosticators predict that it MAY soon move upwards.

I'll believe it when I see it - and maybe not even then.

SOSO  posted on  2015-07-05   13:27:52 ET  Reply   Untrace   Trace   Private Reply  


#3. To: SOSO (#1)

Lead would be the only precious metal worth buying and then there is a limit it does no good.

Gold and Silver are only worth something if the economy crashes slowly and recovers slowly. Its controlled by the same people who control paper money. They tell you to buy it while its high and when you can't hold it because you need the money you sell it back to them at a low price. They win all the way around.

Justified  posted on  2015-07-05   13:32:57 ET  Reply   Untrace   Trace   Private Reply  


#7. To: Justified (#3)

Lead would be the only precious metal worth buying and then there is a limit it does no good.

Lead is a noble metal. Some noble metals are also precious metals - the former has scientific justification, the latter just manmade significance. Some may classify lead a precious metal but IMO that's a stretch. However, lead ammo may very well be precious in some instances.

SOSO  posted on  2015-07-05   14:01:34 ET  Reply   Untrace   Trace   Private Reply  


#26. To: SOSO (#7)

Lead is a noble metal. Some noble metals are also precious metals - the former has scientific justification, the latter just manmade significance. Some may classify lead a precious metal but IMO that's a stretch. However, lead ammo may very well be precious in some instances.

Hmm, I spent 12 years as a precious metal refiner, as afar as I remember, noble metals are those that need to be reduced by more than one acid, usually Aqua Regia. (Hydrochloric/Nitric)

Lead is reduced by nitric and made a to a sulphate with the addition of sulphuric, that's how to remove lead from solution.

Dead Culture Watch  posted on  2015-07-05   18:28:41 ET  Reply   Untrace   Trace   Private Reply  


#28. To: Dead Culture Watch (#26)

Whoa...I am impressed, DCW :-)

And here I'd though the term "noble metals" was just...well, a term.

Liberator  posted on  2015-07-05   18:34:36 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 28.

#30. To: Liberator (#28)

Lol, ....ha, ya, Aqua Regia is Latin or something like that for 'Royal Water', because of its ability to reduce noble metals, silver is NOT a noble metal, as it only takes Nitric to reduce it, in fact, the addition of Hyrochoric will cause it to form a protective shell around it. Once it it reduced with Nitric, it's precipitated out of solution with Hydrochloric. Ran through a filter and washed and sent to foundry and made into anodes for further refining using electricity.

Dead Culture Watch  posted on  2015-07-05 18:43:05 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 28.

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