92 Comments
User's avatar
lorraine's avatar

I went in today to get my monthly silver coin purchase. 2 -1966 Canadian dollar coins 80% silver. Not sure I did as well today as last purchase- $140 CAD for them. But I stuck with the plan and bought. I specifically asked him to find me the year 1966- my birth year. Makes me feel better 😂.

He had to go through his bin, he didn’t have much in 66’s , loads of 65’s.

I learn something new every time I go.

No1's avatar

Great job! And if you go by foot/bike, it's great exercise too 😉

lorraine's avatar

Well I did walk down to the store. 😃

Francisco d’Anconia's avatar

You can’t print fertilizer and you can’t eat zeroes. There’s a dead hand in Iran pointed at every oil installation in the gulf. Even if we nuke them it’s still all going up in flames. They just said that the conflict will only end when there is no entity called Israel in the Middle East. Hyperinflation here we come.

No1's avatar

Got Ag/Au?

Buffalo_Ken's avatar

The entity of Israel has really got themselves backed into a corner of their own making. Let them reap what they have sown.

Justified Retribution takes no prisoners.

~

Place your bets.

https://youtu.be/WGU_4-5RaxU?list=RDMM

Buffalo_Ken's avatar

The correlations with silvers rapid moves and those of "oil" be it crude or "brent" are uncanny - ain't they?

Like a barrel of laughs - NOT.

Richard Roskell's avatar

I love watching the price of precious metals go up as much as anyone. But I got into them for the same reason central banks are buying record quantities: they are an unassailable store of value.

Investing with the goal to increase your wealth looks to be riskier today than at any time in memory. Under the current global trajectory, the winners will be those who simply manage to preserve their wealth, be it big or small. Precious metals give you a fighting chance at that.

John Day MD's avatar

Thanks No1. I have forwarded this to a friend who was wondering what was up with oil proces, but was on the wrong track, I think.

Lyra B.'s avatar

So buy physical gold or gold mining stocks?

Buffalo_Ken's avatar

Well - invest in crude oil futures if you are willing to take the risk.

Edit - how much you wanta "bet" some "Trump-team" advocates did just that - both ways - they short it in the moment and then go long on it - as if it is all a game they control - oh how wrong they are - and they will reap what they have sown. Moreover - you can't take it with you when your body is dead and gone.

https://youtu.be/-noFy_x7Yhg?list=RDenuOArEfqGo

Lyra B.'s avatar

Thanks but do not know how so best not.

Buffalo_Ken's avatar

The 2nd link didn't work for me - but my advice to one and all - is get out of debt first - and then think about investing.

No1's avatar

Thx, fixed it

Buffalo_Ken's avatar

Well done. I posted a "preachy" comment there just to PROVE it works.

Both my daughters graduated from college debt free - that was what me and their mother promised them.

But once they graduate then they make their own choices.

My advice has always been - be debt free if you want freedom.

Buffalo_Ken's avatar

UM - I could give you some call letters to invest in oil - but my advice is if the investments are done through banking entities it is a waste of time and they will steal it from you either way.....the casino "house" always WINS - until the house burns down - and if it burns down, then best not to have funds invested.

Physical silver and gold is best - but good luck acquiring that nowadays - it is so much more difficult than it was just a year or two ago.

No1's avatar

actually, just go check coin shops. They sometimes even want to offload silver BELOW spot... Because of the refiners footing them the bill.

Buffalo_Ken's avatar

As a stacker small-scale it is hard to make future purchases when the price has increased so much - so no thanks. I don't need any more.

🦬

thelightpaper's avatar

want to sell some then?

thought not ;-)

Rocky Vista's avatar

You might like to listen to Rick Rule, a billionaire mining investor:

Posted March 10, 2026: https://www.youtube.com/watch?v=mOPgVXGqsBw

Buffalo_Ken's avatar

But nothing better than physical silver which I hear is used in high amounts in many of these missiles.

Rocky Vista's avatar

10-15 kg = 322+ troy ounces of silver per Tomahawk.

Silver and other critical minerals required for every Tomahawk missile here:

https://x.com/robert_ivanhoe/status/2031206196502261883

Buffalo_Ken's avatar

You know what the shame is? When the silver in a damned ill-begotten named "Tomahawk" missile get vaporized when the missile is put into action - that is silver unlikely to be recycled - but it sure enough will be dispersed all over the environment.

That is a waste of silver I say.

~

Moreover, and respectfully I declare - all those elementary students and those came to their aid got shot by the 2nd Tomahawk - I suspect they have a fine coating of silver upon them. Let their deaths not be in vain.

~

War is war. 20th century ideas are so yesterday.

Better ideas beckon.

~

May they rest in peace knowing their lives were not in vain.

Jim's avatar

Do better research - 10-15 kg of AG per tomahawk missile is grossly incorrect and exaggerated.

Buffalo_Ken's avatar

Yeah - please share a link backing up your statement.

~

Moreover it must be realized efficiencies increase so it depends on the date of production I reckon.

Rocky Vista's avatar

Did you open the link?

Robert Friedland is sharing this infographic from Critical Minerals Hub,

https://criticalmineralshub.org/

and there is a note provided, saying "Open source estimate based on public defense analyses, actual BOM and quantities are classified or proprietary for security reasons."

Have you been able to see the classified/proprietary files that explain the exact amount of silver in a Tomahawk missile? If so, do tell.

Jim's avatar

Of course I opened the link before I opined and I stand by my statement. Do some better research. Those who have access to the BOM are obviously not going to to publish classified information yet to place such 500OZ certainty from one infographic is unwise when there is so much noise stating the opposite. Here is one link you might want to read: https://findbullionprices.com/blog/tomahawk-missile-silver-content/

Buffalo_Ken's avatar

Tell me about it - no wonder the price of physical is higher in Shanghai.

Terri's avatar

Newmont is at 114 today. Wish I’d bought in in 2024.

Ritmas's avatar

Grok estimated that $200-400 million per day doesnt come back to US to buy treasuries, arms, etc. as Gulf states dont sell oil:

" This translates to roughly $200–400 million per day reinvested into the US in recent years (e.g., $271 billion outflows × 40–50% US share ÷ 365). "

No1's avatar

Very interesting ! Thanks for sharing !

riskywoods's avatar

I originally came for the war updates but this stuff is very interesting and enlightening.

Kudos to you for making it easy for someone like me to understand.

No1's avatar

"Cobbler, stick to your last"

I came from the precious metals world, and yesterday I promised a full update where we are right now... So you'll have to just skip those articles if you're not interested (no harm no foul).

I'm finishing up the Iran update right now so should be out in a few hours.

riskywoods's avatar

Not that I'm going to jump into this type of investing, but you make it interesting enough that I'm sticking around for these updates as well as the war updates that originally brought me to your substack.

Laterna Magica's avatar

No. 1, you've convinced me. I'm going shopping tomorrow for a few extra ounces :)

No1's avatar

FYI: https://substack.com/@no01/note/c-216757143#comment-216757143

Always buy mechanical. Not all at once. You will never buy a bottom, nor a top. You'll average that way. And with oil being blocked, think also about canned food. Better safe than sorry you know.

Oh, and toilet paper 🤣

Laterna Magica's avatar

Don't worry, I've been doing this for 15 years, and I stocked up a few years before the plandemic because the various Gateses were talking about it so much :) The disinfectant I bought had already expired when it started :)

Laterna Magica's avatar

FYI my source gold: sell - 1,08% below spot, buy 2,5 - 3,0% over spot, depending on the form. Everything indicates that it was cheap already ;)

Buffalo_Ken's avatar

The best plan is to get a garden going. Chickens as well.

Laterna Magica's avatar

zgodnie z rozporządeniem Unii każda kura musi być zarejestrowana, mieć dowód osobisty, paszport, konto bankowe, badania lekarskie, książeczkę zdrowia, kartę szczepień, swiadectwo ukończenia kursu znoszenia jajek, a każde jajko musi być certyfikowane przez dedykowanego urzędnika ;) Bez tego jest nielegalna

No1's avatar

I don't know if you're being serious right now or not.

Comedians will be out of a job, or it will be just rule-reading-club.

🤦‍♂️

Laterna Magica's avatar

Seriously, if you want to sell even one egg. In my country, comedians were dethroned by politicians a long time ago.

No1's avatar

🤦‍♂️

Vivian Evans's avatar

Yes - all the things we learned during the covid lockdowns ... see, these days were good for something after all.

(Me - I've just stocked up on coffee: it was on offer ...)

RalfB's avatar

Ctrl-P. ROTFL

Ed's avatar

Let's not forget Bitcoin. At current energy prices, I believe it is no longer viable.

No1's avatar

Yeah, I liked that acronym pretty much for a credit facility 😉

Jan Barendrecht's avatar

If you want print any document or page then you can use this shortcut key CTRL + P .

(IOW print more $$)

https://yuvraj98290.medium.com/windows-keyboard-shortcuts-57103fbd1514

tw's avatar

Simply, print.

Loic's avatar
2dEdited

“Early redeemers with inflows”

Isn’t that a defining feature of a pyramid scheme?

No1's avatar
2dEdited

You wouldn't say?! 😁

Boflys's avatar

That was well thought out and balanced. Thank you.

substantial stacks's avatar

"Honesty would fix all of this."

Right on, comrade!

(This wouldn't even exist if honesty was present in the mix, ha. )

But, what does all of this actually mean for us non-combatants in the next few months?

No1's avatar

Depends on where you sit.

If you're holding physical metal, the thesis hasn't changed - it's accelerating.

If you're in paper assets, the next few months are going to be... educational. Private credit gates, oil repricing, and a Fed caught between inflation and a credit crunch simultaneously - that's not a cocktail that resolves cleanly. Something breaks, they print, the printer buys time, something else breaks.

For most people though? The war hits at the pump first. Diesel up 55% if you're in the EU, fertiliser up 30-35% - that's real food inflation with a one-to-two season lag. The grocery bill is the geopolitics tax, and it lands hardest on people who can't hedge it.

The honest answer is: the next few months are probably manageable with enough creative acronyms. It's the six months after that where things get genuinely interesting. The SPR runs dry. The private credit redemption queues don't shrink. The oil supply doesn't magically reroute.

Stack what you can. Spend what you must. And maybe read the ingredients label on "semi-liquid" investment products before the gate comes down.

SkarnkaiLW's avatar

Massive belt tightening, job losses/etc. If it continues 20% less of everything dependent on Oil (aka virtually everything in the West) going forward.

substantial stacks's avatar

I see.

How disappointing, it's usually peaches! I literally can't think such a downturn has ever happened before but I only have so much historical attention span, you see!

Grp Cpn Lionel Mandrake's avatar

'Oil is the lubricant of everything". Next to interest rates. And lying about inflation by magnitude.

https://1yfgk.substack.com/p/the-inflation-lie-is-destroying-america