Who is saving to buy a big bar?

Discussion in 'Silver' started by Kawa, Jun 8, 2012.

  1. Kawa

    Kawa New Member

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    With all the price movement lately it has focused my attention on spot and getting volume whilst the price is right.

    I have decided to save for one larger bar .I mean a really big sucker.

    I hope Goldstackers still have them when I have my cash ready.

    Anyone else planning on a big one soon?
     
  2. metalzzz

    metalzzz Well-Known Member

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    I will buy an ol bluger if we get down to $20
     
  3. Xizang

    Xizang New Member

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    I'm a poor guy. That's why I'm fooling around with silver - poor man's gold. But I've built up a satisfactory little assortment of US silver dimes, quarters, halves and silver dollars. I'm moving on to 10-ounce bars. Soon, I hope to swap some larger silver for some gold. I think gold is nice because it's large-denomination real money, while sliver is smaller-denomination daily commerce money.
     
  4. Kawa

    Kawa New Member

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    Me too.Just stacking slowly.However the time i think is here to buy a big bugger when I can afford it.

    I got my eye on a bar that GP has in his vault.
     
  5. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    The biggest i will get is 100oz, still have some dragon coins i want to buy (i don't even have a kilo yet??). I like the old school loafs over the flatter bars
     
  6. SilverSurfer77

    SilverSurfer77 Well-Known Member Silver Stacker

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    How big do you call big?

    1kg, 5kg, 15kg ?????
     
  7. DoolBrevlis

    DoolBrevlis Member

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    I'd rather have the gold too. However, now is the time to own silver.
    If you are a swapper, I'd recommend waiting for the sub 40 s/g ratio.
    At this stage of the game, most swappers are going for the silver.
     
  8. Kawa

    Kawa New Member

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    15kg
     
  9. Silversun

    Silversun New Member

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    Ainslie Bullion in brisbane sell 10 kg for about $9500 atm.

    I like bars over coins I think 100Oz bars are good size then 10 oz followed by coins and maybe even some 1966 50c.. would love some coins but since i am used to buying bars i just look at the extra premium and think man i missing out on some ounces. lol

    we are hoping for the best for silver and once your ready to cash it in...will the premiums be worth it? a few once here and there may go along away whilst the buyings good>!!
     
  10. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    I recently traded in a couple of kg's+fiat to get a 5kg brick. I don't think I'll go bigger however (I nearly sprained my wrist carrying it home and again when I took it to my storage). Since then have moved down to large groups of small coins where the premium over 1kg's are minimal (like Silversun, I keep thinking of the missing oz's when I see people selling 1oz coins for +30%/oz but they are much more liquid).

    You can walk nonchalantly down the street with a 1kg without anyone suspecting. Can't imagine it'd be very inconspicuous carrying a 15kg monster!
     
  11. Kawa

    Kawa New Member

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    I bet the 5 kg bar is your favourite.
     
  12. goldpelican

    goldpelican Administrator Staff Member

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    Kinda surprising that the 5kg size is not very popular given the popularity of kilo bars, and not much bigger than a 100oz bar but generally much lower premiums.

    If you're going to stack $100k+ in silver, the 5kg size is a great choice.
     
  13. renovator

    renovator Well-Known Member

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    & they look like a real stack of bars when theres a few. All the others are just miniatures 5kg is the real full size bar
     
  14. Kawa

    Kawa New Member

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    so 5 kgs are better than a big 15 kg bar?
     
  15. renovator

    renovator Well-Known Member

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    Its all personal choice . Your storage, goals how much you want to offload when the time comes in what increments etc.
     
  16. Kawa

    Kawa New Member

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    Thanks.

    Do you know the dimensions of a 5 vs 15 kg bar?
     
  17. renovator

    renovator Well-Known Member

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    No i dont have a 15 kg to measure & to be honest ive never measured any bar . if you were here i would show you with my fingers about how big the others are. :p ...ask the pelican
     
  18. Argent47

    Argent47 Member

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    Don't forget that if you buy a 15kg bar you need to factor in the cost of a chiropractor.
     
  19. goldpelican

    goldpelican Administrator Staff Member

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    Sold a ~33kg bar easily enough via the forum a few month ago. Not everyone wants to stack $1k at a time.

    $100k in silver is 20x 5kg bars right now - sure you could buy say six PAMP monster boxes of 15kg each, but for low premium - the 5kgs are generally secondary market sourced, selling for ~1-2% over spot, as opposed to kilos at 7-8% over spot. Means more ounces in the stack.
     
  20. Kawa

    Kawa New Member

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    So the 5 kg sounds the go?
     

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