Prince!

Discussion in 'Gold' started by Silverthorn, Jan 9, 2017.

  1. Silverthorn

    Silverthorn Well-Known Member

    Joined:
    Apr 29, 2010
    Messages:
    2,505
    Likes Received:
    28
    Trophy Points:
    48
    Silverthorn, Jan 9, 2017
    #1
  2. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    2,620
    Likes Received:
    505
    Trophy Points:
    113
    Location:
    Nevada
     
    Roswell Crash Survivor, Jan 10, 2017
    #2
  3. tolly_67

    tolly_67 Well-Known Member

    Joined:
    May 17, 2010
    Messages:
    1,826
    Likes Received:
    84
    Trophy Points:
    63
    I knew he liked diamonds and pearls....
     
    tolly_67, Jan 10, 2017
    #3
  4. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2016
    Messages:
    4,171
    Likes Received:
    1,143
    Trophy Points:
    113
    Location:
    North Sydney
    Surely a stacker would have more than 1% or 2% of their wealth in PM.
    Bearing in mind that his estate is more than $25 in real estate, surely his label and copyright is worth much more than $50million.

    In context $900k in gold for Prince is peanuts.

    Maybe I can call myself a stacker
     
    Ipv6Ready, Jan 10, 2017
    #4
  5. radiobirdman

    radiobirdman Well-Known Member Silver Stacker

    Joined:
    Apr 26, 2011
    Messages:
    2,260
    Likes Received:
    83
    Trophy Points:
    48
    That's a good question, what % of your wealth in PMs makes you a stacker
     
    radiobirdman, Jan 10, 2017
    #5
  6. bordsilver

    bordsilver Well-Known Member Silver Stacker

    Joined:
    May 23, 2012
    Messages:
    8,717
    Likes Received:
    304
    Trophy Points:
    83
    Location:
    The rocks
    Is it more a question of how many ounces makes you a stacker? 2.5 times more than global average?

    Depending on which estimates you believe, the stocks of central banks are about 30,000 tonnes and the total held in private hands is in the order of 100,000-140,000 tonnes of gold. Dividing by a global population of 7 billion people, then there's around 14-21 grams per person (or 0.5-0.7 ounces).

    Hence, maybe you're a stacker if you have at least 1.2-1.7 ounces per person?
     
    bordsilver, Jan 10, 2017
    #6
  7. serial

    serial Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2012
    Messages:
    5,959
    Likes Received:
    3,062
    Trophy Points:
    113
    Location:
    wa
    I always saw it as a percentage of wealth thing. If you hold say 25% or more of your wealth (not including the family home) in gold or silver you are a stacker
     
    serial, Jan 10, 2017
    #7
  8. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    2,620
    Likes Received:
    505
    Trophy Points:
    113
    Location:
    Nevada
    Definitely. If I could have either:

    (a) the sixty-seven 10oz bars, or
    (b) 5% ownership interest in of his intellectual property (music royalties, image rights etc.)

    I'd pick (b) nine times out of ten.

    According to a BBC documentary, there'd a literal vault full of unreleased recordings and video footage.
     
    Roswell Crash Survivor, Jan 10, 2017
    #8
  9. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    2,620
    Likes Received:
    505
    Trophy Points:
    113
    Location:
    Nevada
    On the subject of American male music artists who had the pinnacle of their careers in the 1980s.

    I miss Michael Jackson.

    [youtube]http://www.youtube.com/watch?v=iaAd_kpzSas[/youtube]
     
    Roswell Crash Survivor, Jan 10, 2017
    #9
  10. tolly_67

    tolly_67 Well-Known Member

    Joined:
    May 17, 2010
    Messages:
    1,826
    Likes Received:
    84
    Trophy Points:
    63
    It is not a %......the answer is quite simple when you think about it.....as long as you have at least 2 pieces, then you are, or at least have the ability to be, a stacker.
    The only decision is which piece do you place on top!
     
    tolly_67, Jan 10, 2017
    #10
  11. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne
    Maloney just put out a good video on Prince with a completely different angle on it -

    [youtube]http://www.youtube.com/watch?v=Uh2PR5gZLdo[/youtube]
     
    Skyrocket, Jan 11, 2017
    #11
  12. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    Good point tolly.

    I believe you are a stacker if:

    * You have at least two pieces, and
    * The spot price immediately dropped after you purchased
     
    SpacePete, Jan 11, 2017
    #12
  13. bordsilver

    bordsilver Well-Known Member Silver Stacker

    Joined:
    May 23, 2012
    Messages:
    8,717
    Likes Received:
    304
    Trophy Points:
    83
    Location:
    The rocks
    bordsilver, Jan 11, 2017
    #13
  14. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2016
    Messages:
    4,171
    Likes Received:
    1,143
    Trophy Points:
    113
    Location:
    North Sydney
    Dont be greedy, if one was gifted is underwear collection lol, I bet it sell for a million dollars.

    But on a serious note, can you imagine what some of his undocumented personal scribbling and half finished songs that never got published is worth.
     
    Ipv6Ready, Jan 11, 2017
    #14

Share This Page