Recent content by elsapo

And it grows and eventually consumes the silver and gets converted into a white solid coin composed of AgO2

I got my 1 kilo 2015 kookaburra and it is quite the looker. The premium on these things are not to bad but they look great. If your buying silver you should at least have one of these in your portfolio, they have a big presence and feel nice and dense. I can see buying one every year as they...

The funny thing is my Apmex orders from last week are being delivered today :)

You are investing in SPY ETF or VFINX (vanguard)? not just putting it into silver? I bought my silver with some of the covered call premiums I harvested from my SPY holdings.

I hedged my holdings by buying the SLV put. 1 contracts is about equivalent to 95 ounces of PM. I insured for 10 months for 82 dollars. 14 strike. So if silver plummets to 8 dollars I can sell to close and the cash difference would lower the cost basis I bought 110 ounces of silver and figured...

Silver just got too expensive. not buying at todays prices.

There is a lot less Bismuth in the earth and its mining output is a fraction of silvers. Yet you can buy a pound of Bismuth for 19 dollars?

It took over 20 years from the 1980 silver high to get back to 50. and on an inflation adjusted basis those who paid 40s and 50s still have not broken even.

What I dont understand is how come people were not stacking when silver was in the silver digits and gold in the 300-500s range. Everyone seemed to have gone hogwild when it went into the mid 20s and 30-40's I guess it had to be all those TV ads about buying PMs to protect your purchasing power...

Probably because people did not want to pay 18-50 an ounce for silver. Now that its dropped into the 14 dollar range it is selling at a price that will probably attract more buyers. Also, you can insure your physical holdings by buying SLV puts. I insured 100 ounces for 83 dollars. 10 months...

I bought one roll. They sold out though. I got in at 359.60 for 20 coins. I decided to begin stacking since silver has dropped. My last run was buying silver between 6-8 dollars and ounce years ago.