$$$$ $16 $$$$ sixteen dollar silver ppls... lets party like it's 2009!
- Thread starter thatguy
- Start date
barsenault
Well-Known Member
Altima said:
Yes, thank goodness it's all I own!! Whew!! Good reminders for me. Although on a mega ascent we probably won't fair as well as the govt issued coins (eagles and maples). As far as most (90%) of the blobs, I think those will always be 'hurting' in relation to most other coins when one goes to sell. Anyway, themes are my thoughts.
mmissinglink
Active Member
$14 USD / oz is my target for backing the truck up.
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wrcmad said:It's never cheap, nor expensive.thatguy said:
Just market price.
And according to Bo Phoney, the market price doesn't matter cause gold is going to $2000 by December 31st.
The hucksters are being exposed just like they were last April. I am sure they will have a nice conspiracy to explain why they were 100% wrong.
I think it's important to put this drop in silver spot within the bounds of the space time continuum. If you bought an ounce 3 1/2 years ago for $50, it was an asset that gave you succour for that time. Now a new ounce bought today at say, $25 will give you additional succour. Anytime between the first purchase and the recent purchase, that first ounce has been there to provide you with alternate funds should you need them.
Granted that the price has dropped, but the succour has been constant. Eighteen months ago, most Cypriots lost half their money during a three week bank holiday, ask those holding PMs how they faired compared to the mainstream?
With silver, you do not need to watch your back, your stack has your back.
Granted that the price has dropped, but the succour has been constant. Eighteen months ago, most Cypriots lost half their money during a three week bank holiday, ask those holding PMs how they faired compared to the mainstream?
With silver, you do not need to watch your back, your stack has your back.
Sonic said:
You are not looking to sell numismatics at spot price, you want to sell them at numismatic mark-ups, but if you can pick some up at spot price (maybe someone just wants out of silver before it drops some more) then you stand a chance of making some money when you go to sell.
Doubt u can get semi numis (e.g. kook) at close to spot unless the coin in not in mint.
I recalles the restrike kook was over $30.
But should you find any source to find the bargain, pls do kindly share with us
I recalles the restrike kook was over $30.
But should you find any source to find the bargain, pls do kindly share with us
dccpa said:sammysilver said:
Less than two years ago, silver was about 34, so the loss would be about half. Are you asking us to pick which corpse is the least dead?
No, I'm asking you to think about as to why you stack. If you bought and ate a banana last month for $2, and bananas today cost $1, should you not have eaten the first banana?
dccpa said:sammysilver said:
Less than two years ago, silver was about 34, so the loss would be about half. Are you asking us to pick which corpse is the least dead?
Well the fiat corpse has blown away leaving nothing behind but the silver corpse is still sitting in your front room, stinking the place up.
Silver's value is measured in more than just dollars surely?!
Some people consider it to be a savings plan, which gives them piece of mind that they will retire in the future.
Some people see it as insurance in case of a global financial collapse, so they can sleep at night knowing that is taken care of.
Some people see it as a way of preserving their wealth against inflation and they can take comfort in that.
They haven't completely lost out, but they have lost out by a fair bit.
sammysilver said:dccpa said:sammysilver said:
Less than two years ago, silver was about 34, so the loss would be about half. Are you asking us to pick which corpse is the least dead?
No, I'm asking you to think about as to why you stack. If you bought and ate a banana last month for $2, and bananas today cost $1, should you not have eaten the first banana?
You stack so that you can eat silver? And did you fondle the silver before you ate it?
If not, then why wouldn't you buy it later for half price? And is Australia so expensive that a banana costs $1?
dccpa said:sammysilver said:dccpa said:Less than two years ago, silver was about 34, so the loss would be about half. Are you asking us to pick which corpse is the least dead?
No, I'm asking you to think about as to why you stack. If you bought and ate a banana last month for $2, and bananas today cost $1, should you not have eaten the first banana?
You stack so that you can eat silver? And did you fondle the silver before you ate it?
You registered on Silver Stackers 4 years ago. Did you know then not to buy any silver until today? Or are you only wise after the fact?
My superannuation took a hit of not much less than that size and hasn't shown much fortitude in rebuildingdccpa said:Less than two years ago, silver was about 34, so the loss would be about half. Are you asking us to pick which corpse is the least dead?
That's why I'm not too fussed about PMs - with careful buying at least my savings might at least be ambulatory, even if not thriving.