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    Impact of coming Chinese collapse?

    "Limited edition collector series" are just about a guaranteed loser. Sorry you thought I implied otherwise. Not just PM - a universal truism in all areas of collecting. 'Limited issue" is something else completely. Only 10,000 made, for whatever reason - only so many available. My point was, a...
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    Impact of coming Chinese collapse?

    Okay, let me try again. Silver is a hunk of metal with spot value. Some of these hunks are worth more than spot, because of the form - shape. This form or shape does not give them any universal intrinsic value, however, because of things like limited issue, or special interest (baseball hall of...
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    Impact of coming Chinese collapse?

    That's not how collecting works. It is not the government that gives the coins extra value, it is the collectors. If the government became extremely unpopular, they could be solid as a rock, coins worth spot minus.
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    Are we heading to $9AUD Silver?

    No film used in x-rays at hospitals - that is how my son gets his fiat. He is in a big hospital, but 10 years or better since they had film. Lots of old films laying around, but nothing new. I checked and dental are slow at transitioning, still film begin used there. There are companies making...
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    Are we heading to $9AUD Silver?

    I have a friend who made a bunch of money in the 80-'s from recycled silver - not millions, but thousands or tens of thousands. It was from silver recovery at x-ray labs - mostly dentists as I recall, as hospitals had a system he couldn't get into. He lived in the sticks, a lot of driving, not a...
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    I dare you

    Stacking is a hobby - recreation - what I do for fun. When "pressing needs of the more important things in life" filled my days, I missed my hobby. When I want to stop and smell the roses, I go for a bike ride - the motorized kind. The longer the better. I'm also spending time with a 6 year...
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    Acceptable margins?

    The rule of thumb is spot down, premium (margin) up. I was looking for the increase in premium when spot was at $20 USD (since I came in at spot $30 USD)- and it wasn't there. 'Spot down' is a relative thing. If spot is $50, and quickly slides/drops to $30, it is down - expect premium to be up...
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    So where exactly do you guys sell your silver?

    Yes, only 500,000 1 oz kooks, thanks for the correction. 1oz Koalas unlimited. I bought my kooks in March for $5 over spot - free shipping. Potential collector value better than ASE, but for dealers, at current prices, dealer buyback on 2015 kooks are a $2.89 loss, compared to $2.50 loss on ASE...
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    So where exactly do you guys sell your silver?

    Spot +$1 is what I see commonly for ASE buy back, current sell price spot +$3.50. Even now - locally or my preferred net dealers. Normally sell price is lower premium. Kooks buy back at spot +$5, but sell at +$10. I paid less premium for my kooks, but still, looking at dealers, not private...
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    Quick sell disapointment in Bosnia

    I saw that too - but kind of meaningless. I want to know what the classified ads show, what the pawn shops are doing. That will tell me something. I didn't find anything yet. It seems like someone right near Bosnia could be making a bunch of money. Why not offer to buy it cheap, but high...
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    Quick sell disapointment in Bosnia

    Bosnia was a true SHTF scenario. When you are in the thick of it, I would suppose that PM are low on the list of value. As things stabilize, and stockpiles are dispersed - not personal stockpiles, I mean industrial stockpiles - PM would logically be used as a universal medium of exchange. I read...
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    Milk Spots on silver - best/safest way to deal with

    Unlike the walking dead that only turn after they die, these can turn at any point in time - after being slabbed.
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    Going to fall again?

    Spot is well over $16 everywhere I look, except here - $15.61
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    No intrinsic value? Let's look at what is and isn't intrinsic.

    I would use the term to say things have intrinsic value to individuals, but that does not give them some universal value. When stackers use the term, they mean universal value, as I understand it. A wedding ring of a grandparent might have great intrinsic value to me, for others, just another...
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    No intrinsic value? Let's look at what is and isn't intrinsic.

    Value is subjective, first, last and always. The meaning of any word or term is a philosophical argument. No thing, idea, concept, has objective value.
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    Two problems with silver

    "Silver Investing News recently covered the world's top silver-producing companies and countries of 2013, and if there's one takeaway from those lists, it's that silver is usually produced as a by-product. That said, the world definitely contains some major primary silver mines. Here's a look...
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    Silver nightmare - will it hold 15 $?

    missinglink needs no help from me, but you just do not get it. ANYTHNG can be deemed to have value - to pay soldiers (for example). That does not give it intrinsic value. Anything that has been used as 'money' has changed in value. Some examples would be seashells, hemp, cigarettes, gold and...
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    What's your average price/ounce paid?

    Yes, pandas and kooks. I like the ASEs that so many do not. Not high premium, but more than others want to pay. When generic sell backs bring less than spot, I figure my ASEs will still sell back over spot, as they do today. I like SS Freedom Girls proof-like and regular. Not so much the...
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    What's your average price/ounce paid?

    Interesting question. I get the idea to buy as many oz for the least fiat, but I'm not playing that game. The game I'm playing is 'Hold what others want to buy.' With a total meltdown all silver is bullion, but even so my 50% premium stuff will be worth a whole lot more than I paid. No...
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    Minting your own coins?

    A few decades ago I used a first class company for stock medallions and awards. A very nice product, not cheap but affordable for high school level awards. Twice as much as the competition, but ten times as nice. The other stuff looked like carnival junk. They also have a custom line, design...
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