100 Oz Silver Bars why do all the experts hate them such?

Discussion in 'Silver' started by TeaPot&ChopSticks, Jul 30, 2012.

  1. TeaPot&ChopSticks

    TeaPot&ChopSticks New Member

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    I buy silver minted government coins but the premium is some what significant. Not as bad as others.
    I am in for the long haul so I am ok to pay that bit extra.

    I can understand minted government coins being fungible but the 100oz Perth Mint Bars are so close to spot!

    Does anybody just buy them? Does anybody thing that silver could be $400 an ounce? I read that gold would go to $7000.

    Does anybody here seen or own a 100 oz perth mint bar? What are they like? Nice and shiny?

    Perth Mint is solid yeah - no lead rods in them silver right?

    Be great to hear back from people.


    Here is hoping to the aim of bullion baron property price stack before the doom day surprise. Might not get there but the original aim for me was a Silver Teapot and Silver ChopSticks.

    PS Doom day surprise is awesome avatar name.
     
  2. bloomst

    bloomst Well-Known Member Silver Stacker

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    I bought 10oz directly from PM before, and it doesn't necessarily means you will get the new and shiny ones. I know it shouldn't matter...but i WISH it was really shiny...smooth and perfection. But at the end, silver is silver :)
     
  3. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Yes,
    Yes, and
    Yes.
    :)
     
  4. Silverbullet08

    Silverbullet08 New Member

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  5. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Plenty of people I reckon.

    Currently on APMEX's Top 40 sellers:
    No.21: 1 Kilo (32.15 oz) Gold Bar .999+ Fine $52,761.04
     
  6. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Teapot... Mate,
    Perth mint is solid yeah.

    Those 100oz bars, yep, they are like, nice 'n shiny 'n stuff.

    I don't think silver will be $400/oz but stranger things could happen.

    I don't buy 'em 'cause don't have circ $3k to drop into pm's these days. Would be nice though.
     
  7. Silverbullet08

    Silverbullet08 New Member

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    How many ppl have 50k to buy 1kg of gold? it still happens :p
     
  8. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    If silver goes to $400.00 per ounce a loaf of bread will probably cost $25.00 as well so it won't be that much of a stretch to buy a 100 oz bar.
     
  9. renovator

    renovator Well-Known Member

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    Who told you that ? your missus or kids ? :p: ive been told the same thing Then they put their hand out & i reminded them im not that stupid :lol:
     
  10. goldpelican

    goldpelican Administrator Staff Member

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    Trivia - 80 of them make a quarter of a tonne.

    I know because I've had to stack this many into safe (twice) :/
     
  11. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    Get a 100ozer and a hacksaw. :)
     
  12. tozak

    tozak Well-Known Member Silver Stacker

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    Well if you stacked them length wise the first time I wouldn't have made you do it again
     
  13. goldilox

    goldilox Member Silver Stacker

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    i have a silver Teapot
     
  14. Ilovesilver

    Ilovesilver Member

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    only buy 100 oz and kg bars
     
  15. Ilovesilver

    Ilovesilver Member

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    ohh.. and silver 50 c pieces 1966 for the treasure chest... lol
     
  16. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    I hope you are right.
     
  17. Kawa

    Kawa New Member

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    Did you get a pic GP?
     
  18. TeaPot&ChopSticks

    TeaPot&ChopSticks New Member

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    Hi Bullion Baron do you think that Silver could go to $400 as you have listed?
    John Williams via Shadow Stats has stated that Silver should be priced 456 and Gold 7840.
    To me those are reasonable numbers considering how he calculated them.
    I have come to think he is a pretty sold numbers guy compared to others out there.
    Whether the central bank cartel will allow it is another matter.
    Still will be in denial if the price ever does explode - but I am sure by that stage iran will have been bombed back to the stone age. And petrol will be super crazy.
    But we all stack to be prepared rather than everything is just fine - creature from jekyll island
    Silver at 456 - a 100 oz bar would be crazy Hang Over Style
    Just keep reading from all these different sources that 100oz bars were a no no.
    Thanks for the answers was put off by the perth mint bar but reading you guys above will get one after I have bought an oz or two of gold.
    1000 oz in silver coin US Eagles not even close but image would be bulky - that is why was thinking about bars
    Here to a kitchen set made of silver ! Where is that crazy emotion icon ?! Gonna run out of time to stack
     
  19. dex

    dex Active Member Silver Stacker

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    :lol:
     
  20. Ghost Story

    Ghost Story Active Member

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    silver is 26.76 AUD an once right now.

    400 $ an once not in my life time !
     

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