#POSilverReport / Sat Feb 20th

.
Special Note: “Junk Silver” that is 90% or less Silver, may be good for those who are truly collectors; but if your mission is a hedge against inflation that you will want to resell or use for barter - stick to the “generic rounds” or bars - where you pay a smaller premium over spot.

In a highly Dynamic Pricing Environment, the additional pricing challenges of calculating a lower percentage of silver will make it a much less valuable barter medium.

Update Feb 26, 2021
I have been looking for these for 2 weeks -
Private Mint = Money Metals Exchange
https://www.moneymetals.com/buy/silver/walking-liberty-rounds

1/10 Ounce Walking Liberty SILVER Round, .999 Pure
Separate / Matching 1 Oz Walking Liberty SILVER Round
.
Update - just found in NYC
https://bullionexchanges.com/
.
Compare Bullion Exchanges for price and availability - they appear to be running about 6% - 8.5% cheaper than JM Bullion - currently.

.

Actually, I just found a couple of specialty products at Bullion Echanges that are about 22% less than some competitors and their availability seems to be pretty good. Hey, it appears I overpaid my first time in the barrel - maybe you won’t have to do the same..!
.

Silver.com is Currently “Out Of Stock”, but by far the best pricing on 1/10 Oz Fractional Silver >>> And these guys are running a “Deal” on 1 Oz. Austrian Philharmonics that are 9.25 % cheaper than JM Bullion - it pays to compare prices..! . https://www.silver.com/1-10-oz-silver-coins/

Another low cost vendor for 1/10, 1/4, 1/2 Oz. Fractional Silver is (when in stock)
https://qualitysilverbullion.com/product-category/silver-bullion/fractional-silver-bullion.

And yet another with aggressive pricing is. https://www.bgasc.com/product/1-gram-silver-round-mpm-salmon-999-fine-fractional-silver-bullion/silver-rounds-fractionals , but when I went to check out - they would not ship into my state. In reading about them online. They are from Calabasis CA and I think they are a relatively small player.

A comment gleaned from The Rip-off Report:
“I will never deal with Blanchard again. I made subsequent online purchases from Tulving, APMEX, and Gainesville Coin, and I have no complaints with those firms' prices and performance”.

.
#POSilverReport
This report is time-sensitive and a work-in-progress. It is designed with new and smaller investors in mind - those who are just now looking at physical silver as an incremental hedge against inflation, while our fiat currency is being debased in $1 Trillion to $3 Trillion tranches by our free-spending Federal Government.
.
I have recently read estimates that up to 40 % of new jobs being created are in an ever-burgeoning, and already bloated, governmental layer of centralized control. Over time, taxes will most certainly escalate aggressively and Patriots will start paying a whole lot more attention to their tax jurisdiction - whether in a tax-free state like Texas, Wyoming or Florida - or in some offshore jurisdiction where ExPats are treated Best.
.
Patriots Offshore is focused intently on bringing you actionable data that is curated to eliminate the noise and bring you pure signal. We are all too busy to waste time on Fake News and Propaganda designed to dumb-down the unwashed masses.

The emerging delta between anticipated trends, in spot prices of Gold vs. Silver, is that Silver has significant commercial uses - as the Global Marketplace rushes forward with the “Electrification” of the world. The recent GameStop Reddit and RobinHood Raiders (TM) squeeze has brought massive attention to the almost 50 years of price maintenance and manipulation on both Gold and Silver by major banks like J.P.Morgan.

The run on physical silver has been ramping up for several weeks now, and most retail dealers are “Out Of Stock” on many of the varied designs in smaller sizes of 1/10 Oz, 1 Oz, 10 Oz and 100 Oz. denominations..

I am not a big player, but I have been looking specifically at Physical Silver for a couple of weeks - while I marshaled some cash. As an aside, I purchased my ammo stash back when you could still find it at normal prices and availability was not an issue. I now intend to focus on Physical Silver until the “big squeeze” spikes the spot price to a level which more accurately reflects the Law of Supply & Demand.

Pundits speculate that the ratio of Gold:Silver could move from the current 60:1, to as high as 10:1, or even higher to 5:1 for a while. That could translate into Silver Spot Pricing between $100 to $160 per Oz.; OR, if you believe the dreamers, as high as even $320..? We shall see.

I will add more about this soon, but I did finally find some small denominations of Fine Silver at JM Bullion. They normally price many of their products at $5 to $9 over spot, but until 2 days ago, they were 'Out Of Stock' on all but one of the small denominations. Then, on Thursday night, they Re-stocked a bit and I was able to start my silver stack.

After doing some digging, I am fairly certain JM Bullion will purchase undamaged product back from you in the future at the, then, current Spot... Keep it in The Original Packaging.

I think it is imperative that you deal with a larger, reputable dealer - as I am certain this sector contains many scammers and fraud is rampant on sites like Craig’s List and eBay - deal local and meet only in public places. Be careful and mindful of your personal security.

More To Follow Shortly...

Special Note - In the event of a SHTF scenario, fiat currency could fail faster than you can recount (think Venezuela) , so Physical Silver could be used to assist in Barter for critical supplies. Keep in mind this would be an environment where People could not make change.

Let’s say the Silver Spot is $100+ >>> well you don’t want to give a 1 oz. Silver Bar in return for a bag of vegetables. Make sure you have some 1/10th Oz. Fine Silver on hand, for barter needs in a pinch.

We will be adding new data to the #POSilverReport as it becomes available.

“dM”
.

Many many of their products at $5 to $9 over spot.

1 oz Monarch Silver 3D Poured Arrowhead $37.15

1 oz Silver Round (Varied Condition, Any Mint) $34.23

2021 1 oz South African Silver Krugerrand Coin (BU) $36.00

2020 1 oz Austrian Silver Philharmonic Coin (BU) $35.69

1 oz Silver Bullet (.45 Caliber, New) $38.40

1 oz Sunshine Silver Round (New, MintMark SI) $34.54

2021 1 oz British Silver Britannia Coin (BU) $35.37

1 oz SilverTowne Buffalo Silver Round (New) $34.44

2020 1 oz Cook Island Bounty Silver Coin (BU) $36.00

2020 1 oz South Korean Silver Phoenix $36.83

1 oz Aztec Calendar Silver Round (New) $34.75
.
P.S. And a Post-Preamble >>>
.
Just a quick note on JM Bullion - I just visited again less than 24 hours after successfully placing small orders on some small denomination Physical Silver. About half of the products I ordered successfully yesterday are “Out Of Stock” again today. Best I can say is to get your money ready and then check the larger players. I think they are in a frenzy to RE-supply and they will be receiving small shipments regularly - so you gotta’ be fast - do your homework in advance, so you can pounce when you find product you like.
.
Post-Preamble >>>
Shop Aggressively and Compare Suppliers - “Premiums Over Spot” Vary Widely.
.
If you can find 10 oz. Bars at better prices, with less premium to Spot, BUY NOW - you can swap out for Eagles or other high-demand coins later - after prices rocket North & Supply Catches Up.

I completed my #SilverSearching and landed on JM Bullion... as my primary supplier.

I would not be surprised if many of the small Silver Dealers get chewed up in this rotation. I am certain there is some eBay, Craigs List and other online fraud going on as well.

I purchased 1 or 2 each of what JM Bullion had available - they restocked since last night - about 12 different pieces.

Will soon have samples I can do high quality photos on the low end pieces that are available during this transition.

It is clear the resellers are swamped right now... I think they the have all done as much business in the last 3 weeks as they have in the last year.

The fact they can Re-supply tells me the Big Guys can receive product and the smaller players may get squeezed out of the current cycle.

These may be helpful as well
https://findbullionprices.com/

Or;
http://www.comparesilverprices.com
Note: This site is very hard to us on a smartphone - best viewed from a computer or iPad.

Again - be careful and protect yourself.
.

“dM”

The ultimate tax planning will drive you to start and/or expand your own small business - maybe even in an offshore jurisdiction. Contact us for an exploratory discussion with no obligation. eMail to set up a one hour free phone call.
~~
[email protected]