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

[Jash]

There's a 100oz silver bar in the display window at Ainslie Bullion. It sure is a sweet looking chunk of metal. Just too darned big for the sock drawer.

 

[bordsilver]

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

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

Hopefully you won't turn up to work one day and find it's moved down a couple of floors

 

[goldpelican]

Hopefully you won't turn up to work one day and find it's moved down a couple of floors

I have considered moving my desk to the other side of the room.

 

[Walbertross]

500 oz of silver will buy a house again, its just a matter of time. When that day comes, the poor schmuck selling his house will beg you for your 100 oz bars.

 

[thatguy]

500 oz of silver will buy a house again, its just a matter of time. When that day comes, the poor schmuck selling his house will beg you for your 100 oz bars.

I'm pretty sure this ^ will turn out badly

 

[Andy]

silver is 26.76 AUD an once right now.

400 $ an once not in my life time !

I would agree with this but I could see it at around a stable $50 in a couple of years.

 

[Walbertross]

500 oz of silver will buy a house again, its just a matter of time. When that day comes, the poor schmuck selling his house will beg you for your 100 oz bars.

I'm pretty sure this ^ will turn out badly

Im pretty sure it will turn out quite well for those who understand wealth cycles.

 

[renovator]

500 oz of silver will buy a house again, its just a matter of time. When that day comes, the poor schmuck selling his house will beg you for your 100 oz bars.

Yippee did you change your user name ?

 

[thatguy]

500 oz of silver will buy a house again, its just a matter of time. When that day comes, the poor schmuck selling his house will beg you for your 100 oz bars.

I'm pretty sure this ^ will turn out badly

Im pretty sure it will turn out quite well for those who understand wealth cycles.

Not saying it won't happen BUT always look at the WHY. An if you understand the why then you will appreciate that hanging into 100oz of silver until the ratio become that low will take more preparation then just buying one and holding it

 

[samboyellowsub]

Hopefully you won't turn up to work one day and find it's moved down a couple of floors

I have considered moving my desk to the other side of the room.

Why? :| 250kg is only about the mass of three average sized men.

 

[Walbertross]

nothing wrong with having large bars, dealers will always be wanting to buy, especially when the prices rise. Spoke to one today who often send coins away to be melted into bars.

just depends what people are asking for at the time he said.

 

[grinners]

silver is 26.76 AUD an once right now.

400 $ an once not in my life time !

56 years at 5% would see it at $411.

I've got 60 years in me I reckon

Alternatively if we saw it increase at 15%, we'd hit $437 after 20 years

 

[Argent47]

If silver did go exponential to $500 due to economic collapse, who is going to be able to afford to buy a $50,000 bar of silver off you. Maybe one should invest in a hacksaw as well?

 

[grinners]

If silver did go exponential to $500 due to economic collapse, who is going to be able to afford to buy a $50,000 bar of silver off you. Maybe one should invest in a hacksaw as well?

I'm gonna take a stab in the dark and suggest that there would still be a couple of people around with $50,000...

 

[Walbertross]

If silver did go exponential to $500 due to economic collapse, who is going to be able to afford to buy a $50,000 bar of silver off you. Maybe one should invest in a hacksaw as well?

I'm gonna take a stab in the dark and suggest that there would still be a couple of people around with $50,000...

Haha yeh wouldn't surprise me if the sheeple sold their houses dirt cheap to get the cash to buy silver at their price!

 

[Argent47]

If silver did go exponential to $500 due to economic collapse, who is going to be able to afford to buy a $50,000 bar of silver off you. Maybe one should invest in a hacksaw as well?

I'm gonna take a stab in the dark and suggest that there would still be a couple of people around with $50,000...

Haha yeh wouldn't surprise me if the sheeple sold their houses dirt cheap to get the cash to buy silver at their price!

I honestly hope you are both right. I'm simply putting a word of caution out there. 1kg bars may be a safer bet.

 

[Ilovesilver]

I'm gonna take a stab in the dark and suggest that there would still be a couple of people around with $50,000...

Haha yeh wouldn't surprise me if the sheeple sold their houses dirt cheap to get the cash to buy silver at their price!

I honestly hope you are both right. I'm simply putting a word of caution out there. 1kg bars may be a safer bet.

with the extra few ounces I save by buying a 100 oz bar... I will have my bar re poured in 1 oz lots. especially if it hits 500 an ounce, which I seriously doubt any time soon lol

 

[Silverbullet08]

Haha yeh wouldn't surprise me if the sheeple sold their houses dirt cheap to get the cash to buy silver at their price!

I honestly hope you are both right. I'm simply putting a word of caution out there. 1kg bars may be a safer bet.

with the extra few ounces I save by buying a 100 oz bar... I will have my bar re poured in 1 oz lots. especially if it hits 500 an ounce, which I seriously doubt any time soon lol

Exactly.... why do ppl think just cos its in an 100 bar form that it cant be melted down again and reformed..... its not wolverines adamantium skeleton lol

 

[goldpelican]

Hopefully you won't turn up to work one day and find it's moved down a couple of floors

I have considered moving my desk to the other side of the room.

Why? :| 250kg is only about the mass of three average sized men.

It's the five tonnes of steel that is around it that is the problem

 

[Ilovesilver]

I have considered moving my desk to the other side of the room.

Why? :| 250kg is only about the mass of three average sized men.

It's the five tonnes of steel that is around it that is the problem

Hopefully your safe is TDR torch and drill resistant... and bolted to the floor so they dont crane it out lol GP