There's a 100oz silver bar in the display window at Ainslie Bullion. It sure is a sweet looking chunk of metal. Just too darned big for the sock drawer.
500 oz of silver will buy a house again, its just a matter of time. When that day comes, the poor schmuck selling his house will beg you for your 100 oz bars.
Not saying it won't happen BUT always look at the WHY. An if you understand the why then you will appreciate that hanging into 100oz of silver until the ratio become that low will take more preparation then just buying one and holding it
nothing wrong with having large bars, dealers will always be wanting to buy, especially when the prices rise. Spoke to one today who often send coins away to be melted into bars. just depends what people are asking for at the time he said.
56 years at 5% would see it at $411. I've got 60 years in me I reckon Alternatively if we saw it increase at 15%, we'd hit $437 after 20 years
If silver did go exponential to $500 due to economic collapse, who is going to be able to afford to buy a $50,000 bar of silver off you. Maybe one should invest in a hacksaw as well?
I'm gonna take a stab in the dark and suggest that there would still be a couple of people around with $50,000...
Haha yeh wouldn't surprise me if the sheeple sold their houses dirt cheap to get the cash to buy silver at their price!
I honestly hope you are both right. I'm simply putting a word of caution out there. 1kg bars may be a safer bet.
with the extra few ounces I save by buying a 100 oz bar... I will have my bar re poured in 1 oz lots. especially if it hits 500 an ounce, which I seriously doubt any time soon lol
Exactly.... why do ppl think just cos its in an 100 bar form that it cant be melted down again and reformed..... its not wolverines adamantium skeleton lol
Hopefully your safe is TDR torch and drill resistant... and bolted to the floor so they dont crane it out lol GP
