Right,heres something to get the juices going Not sure if this has been done before but going to put it out there... WHO WANTS TO JOIN IN AND BUY A COMEX CONTRACT AND STAND FOR DELIVERY? As stackers we've all take a 'hit' lately...so I'm thinking if if I can get physical (don't care the shape ,size,etc) at the approx current $32 AUS spot I would be pretty happy or accept a heafty fiat compensation... Sold some Tigers this week for massive percentage premiums over spot yet was still told they were 'cheap'...what percentage over spot is still considered cheap? So who want's in? There's 5000 oz up for grab Stake your claim I'll take the first 500oz...
Factor in the margins for double what they currently are or were you thinking a 100% cash from the start position?
I like the 100 no risk way.... I'd be up for 250oz just for the experience, if someone else is running it.
@ Smoothcriminal NO I'M THINKING 100% BACKED! As Stackers don't buy on margin We BUY 100% money on the barrell! @ the above 'takers' thanks for some support....so where looking already at 253 oz 'sold' ...
i like the idea - something i could even support on the YT channel... but how would we "split" it? Or shall you all just pay me the cash and I keep it at my place IM HAPPY WITH THAT!
Anyone know what the silver is when you take ownership? any specific type of bar or is it whatever they can dig up? might be hard giving thucy his 3 Oz if it comes in 100 Oz bars (always the blowtorch option )
There was a thread like this some time ago if my memory is working right @_@ "Nostalgia isn't what it used to be"
@ Smoothcriminal - Ok details are to be worked out...any suggestions?...but it's a thought right? I don't claim to be the sharpest Crayon in the pack but collectively there's some real pencils amongst us? Thanks for the UT support Stella...and agree with MatrixOpals you need a Treasurer...
Actually for the fun of it, can any of the admin staff suggest approx total members ob SS? meaning if 75% had interest a 'share' in the contract would cost XXX?
BullionDollarMan - shooting this from the hip so feel free to add some...but personally feel safe enough amongst friends of similar mindset...still details to be documented...
Like a bulk buy? A mystery big box? Sounds like it would be a good experiment, not sure I would be able to put much in but if you only need a few ounces to finish I will be in, about whatever you can get for $200
I am only a very very small fish here but I found the idea very interesting. Please keep this small fish informed of the details
Ok these are great suggestions BullionDollarMan...thanks for the links MatrixOpals... this is what I mean...this isn't rocket science...it's details to be sorted out right?
agree lookingaround... Lets just 'flesh' this idea for the weekend and see if it has legs? Nothing else to pass the time other than watching Kitco charts? All welcome to post any suggestions,thoughts,support,etc ...even if you have no interest in a claim,then support a fellow stacker with a suggestion?