Login

u/all4shangrila

r/racoon r/LilGrabbies r/Silverbugs r/u_all4shangrila r/Gold r/Silver r/sterlingsilverware r/SilverCollectorsMob r/MetalsOnReddit r/Charger
▲ 7 r/SilverCollectorsMob

Salt Cellars

Before free-flowing table salt was common, salt was served in small open bowls (cellars) at each table setting. These tiny spoons, typically 2 to 3 inches long, were used to scoop out individual portions.

u/all4shangrila — 2 months ago
▲ 65 r/SilverCollectorsMob+1 crossposts

I had to remove it from the package! ♥️

Fun facts: 10 oz Royal Canadian Mint (RCM) Silver Bar, a highly pure bullion product popular among investors and collectors.

​

Ultra-High Purity: Most silver bullion bars are refined to .999 purity. This bar is refined to .9999 fine silver (four-nines fine), which means it contains 9,999 parts of pure silver out of every 10,000.

​

Elite Security: To deter counterfeiters, the RCM includes advanced security features usually reserved for coins, such as reeded (serrated) edges and a unique radial line finish.

​

Government-Backed: Unlike private refinery bars, this bar is produced by the Royal Canadian Mint, the sovereign mint of Canada. It is fully backed by the Canadian government for its weight and purity.

​

Bilingual Design: As a product of Canada, the bar features inscriptions in both English and French: "FINE SILVER" and "ARGENT PUR".

​

Unique Identity: Each bar is laser-engraved with an individual serial number at the bottom, ensuring its authenticity and traceability.Industrial Superiority: Silver itself is a record-breaker; it is the most reflective metal on Earth, reflecting 95% of visible light, and the best electrical conductor of all metals.

u/all4shangrila — 2 months ago
▲ 4 r/SilverCollectorsMob

Today is the day to buy!

Precious metals are down this morning primarily because the market got a stronger-than-expected U.S. jobs report. That has pushed Treasury yields higher and increased expectations that the Federal Reserve will keep interest rates elevated for longer. Higher rates tend to hurt gold and silver because they don't pay interest, making bonds and cash relatively more attractive.

As of this morning:

Gold is down about 2.2%

Silver is down about 5.5%

Platinum is down about 2.5%

Palladium is down about 0.9%

Other factors contributing to the selloff:

  1. A stronger U.S. dollar — Precious metals are priced in dollars, so a stronger dollar typically pressures prices.

  2. Rising Treasury yields — Investors can earn more from government bonds, reducing the appeal of non-yielding assets like gold.

  3. Profit-taking after a huge rally — Gold and silver have had enormous gains over the past year. When a market becomes crowded, good economic news can trigger a wave of selling as traders lock in profits.

  4. Signs of cooling demand — Reports indicate softer jewelry and investment demand in major markets such as China and India compared with earlier this year.

For long-term precious metals investors, today's move looks more like a macroeconomic repricing than a fundamental collapse in the metals market. The key question now is whether today's jobs data changes expectations for future Fed policy. If markets start pricing in fewer rate cuts (or even another hike), gold and silver could remain under pressure for a while.

Thoughts?

reddit.com
u/all4shangrila — 3 months ago