I wish I never bought silver

Newtosilver said:
Black_Sun said:
there was a case years ago, can't remember if it was the UK or US army, where a non-military person rang up some cannon fodder, and said that he was a high ranking officer, and started barking orders down the line, and the military goons were too scared to challenge him, and just did whatever he said. can't remember the details now, but it was front page news at the time.

if you speak in an authoritative voice, you can order these guys around, even if you're not even in a military. a guy flipping hamburgers at mcdonalds could even do it in his lunch hour, just for fun.
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Also an instance where a fella (facial tatoos, shaved head fairly solid) went berco in a motor vehicle registry office with about 50 people in it, young road workers, people in suits, women and kids etc. only person who acted was a fella in uniform. He got up walked towards the fella, the fella was abusive but stopped dead in his tracks, hurled some more abuse and walked out. Fella in uniform never said a word, defused the situation. No-one hurt, not a word said........

I don't think you would find one person in the Australian military who is a "baby killer" they are your family members, neighbors, sons soccer coach. I think people may be getting a bit carried away.......
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Sorry I hit "Thank" when I meant to hit quote and TBH I also regret hitting quote but anyways best of luck to you. FWIW the advice about choosing the Airforce over Army is very sound but then I'm 40 and I'm keenly aware of past football injuries.


Anyway - were you in the Department of Transport at the time that story happened? What stopped you from being the hero? The lack of a uniform?
 
Black_Sun said:
if you speak in an authoritative voice, you can order these guys around, even if you're not even in a military. a guy flipping hamburgers at mcdonalds could even do it in his lunch hour, just for fun.
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I find this highly unlikely due to the chain of command

edit: But thanks for making me lmfao anyway
 
dex said:
Eureka Moments said:
I spent around $4500 on a decent gold detector a couple of years ago. It's still worth around $4000.

So far I have found about 5 ounces of gold with it. Subtract fuel costs and Im not doing too bad.

Last year I sold some nuggets and invested in some silver. I paid relatively high prices for what I have bought but also realised high prices for what I sold so I dont consider myself to have "lost" anything. No large amounts involved and no need to sell at present so not stressed.

I keep reasonably fit, enjoy a great hobby and through persistence get to find my own PMs.

Jumping out of planes is ok, but detecting tends to keep you grounded. :)
Click to expand...

I know its slightly off topic, but i find detecting interesting. Do you mind sharing what the weight of the biggest nugget you found was? minus quartz etc.
cheers
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7 grams. I concentrate on the little bits others leave behind.

Doesnt matter what size they are, it all adds up. Some win the big lottery prize and find the big nuggets, but around my way (Central Vic) most of the ground has been done to death by generations of prospectors and miners.

Anyone can have a go and get lucky and find a large nugget. It hasnt happened for me yet, but in the meantime I'll keep adding to my stack of littlies.

2939_dscf7116.jpg
 
BootyBandit said:
@Gino, you will never be able to understand what im talking about without going through it, theres a reason why the great leaders in the world were so powerful, Ceasar , Napoleon, Alexander the great, scipio afracanus, its because they were military geniuses, they had a foundation of soldiering which pushes your mental capacity to a whole new level. Im not saying you cant run a business without goin to the army, im saying if you want that extra edge, if you want to take your game to a new level... you know what im not going to bother finishing, you wouldnt understand anyway
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Are you saying you want to be a Great World Leader and so need to join the Army? Or are you saying that the Australian Army shared the culture and values of the Roman, Napoleonic and Macedonian armies of old and will endow you with the mental capacities equivalent to Ceaser, Napoleon or Alexander?

You might be right you know, I don't think I do understand. But then if you GIVE UP before finishing your explanation you might never fully articulate what you mean.

Why don't you just try and focus your attention for a moment and think about what you're trying to say; why you aren't good enough right now, how this miraculous army of yours is going to make you something else, into just whose image will it recreate you and what you will do once you quit.
 
Eureka Moments said:
dex said:
Eureka Moments said:
I spent around $4500 on a decent gold detector a couple of years ago. It's still worth around $4000.

So far I have found about 5 ounces of gold with it. Subtract fuel costs and Im not doing too bad.

Last year I sold some nuggets and invested in some silver. I paid relatively high prices for what I have bought but also realised high prices for what I sold so I dont consider myself to have "lost" anything. No large amounts involved and no need to sell at present so not stressed.

I keep reasonably fit, enjoy a great hobby and through persistence get to find my own PMs.

Jumping out of planes is ok, but detecting tends to keep you grounded. :)
Click to expand...

I know its slightly off topic, but i find detecting interesting. Do you mind sharing what the weight of the biggest nugget you found was? minus quartz etc.
cheers
Click to expand...

7 grams. I concentrate on the little bits others leave behind.

Doesnt matter what size they are, it all adds up. Some win the big lottery prize and find the big nuggets, but around my way (Central Vic) most of the ground has been done to death by generations of prospectors and miners.

Anyone can have a go and get lucky and find a large nugget. It hasnt happened for me yet, but in the meantime I'll keep adding to my stack of littlies.

http://forums.silverstackers.com/uploads/2939_dscf7116.jpg
Click to expand...


That is awesome, I am envious..... :)
 
Eureka Moments said:
dex said:
Eureka Moments said:
I spent around $4500 on a decent gold detector a couple of years ago. It's still worth around $4000.

So far I have found about 5 ounces of gold with it. Subtract fuel costs and Im not doing too bad.

Last year I sold some nuggets and invested in some silver. I paid relatively high prices for what I have bought but also realised high prices for what I sold so I dont consider myself to have "lost" anything. No large amounts involved and no need to sell at present so not stressed.

I keep reasonably fit, enjoy a great hobby and through persistence get to find my own PMs.

Jumping out of planes is ok, but detecting tends to keep you grounded. :)
Click to expand...

I know its slightly off topic, but i find detecting interesting. Do you mind sharing what the weight of the biggest nugget you found was? minus quartz etc.
cheers
Click to expand...

7 grams. I concentrate on the little bits others leave behind.

Doesnt matter what size they are, it all adds up. Some win the big lottery prize and find the big nuggets, but around my way (Central Vic) most of the ground has been done to death by generations of prospectors and miners.

Anyone can have a go and get lucky and find a large nugget. It hasnt happened for me yet, but in the meantime I'll keep adding to my stack of littlies.

http://forums.silverstackers.com/uploads/2939_dscf7116.jpg
Click to expand...

I want to buzz Big Tassie ;O)
 
Invest only about 10% of your total assests in gold and silver.

Tell all your friends that it is a great investment ready to "go to the moon". Hold onto your gold and silver. Either two things will happen.
The price will go up due to a lack of new silver being mined or you and your friends and all here on SS will force the price up by a group sentiment.

It is very annoying when you see the price drop. It is more annoying when you calculate what you could have made if you purchased Apple shares around the same time you brought silver and gold.........I could have made $148 750 by now if I brought and sold Apple shares.

The funny thing about all the analysts who are saying Silver and Gold will explode are the same people who did not see Apple shares explode.....if only we
had a time machine.........
 
Just to add my 2 pence...

Me and the misses have 3 kids a rented house 2 cars and 2 dogs
Between me and the misses we bring in 30k a year ish
At the end of the year we have 0 (No holidays either)
Savings 0 (Apart from recent investment from Ladybug. Thanks Ladybug)
That 4k of yours is where we would love to be in regards to an investment, sit on it..... Really just sit on it. I mean it's got to be safer than in the banks nowadays. Especially them fiddling the Interest costs. To$$ers

After seeing things sell for stupid money like LP's (Records) cars, and Ornaments that i used to have but thought it would never be worth anything. DoH!! Ow FFS!! Fancy Micheal Jackson Dying!!

Thought it might make people put things into perspective, 4k's nothing in my eyes. We've spent that in cars and repairs just this year, And there just going to become rust buckets

Your a pirate!! plunder all you can!!! or just walk that plank and do something else!! ouar jim lad!!

You could always invest in the lottery?
 
It's not good to buy a long term investment that you may have to sell in the short term. Be long and stay long is best.
 
geewiz said:
It's not good to buy a long term investment that you may have to sell in the short term. Be long and stay long is best.
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BB, there are alternatives to outright selling and realizing a loss at the current low price. Geewiz is correct above, but it's something we all do - extending ourselves into silver to get a better long term return.

Have you considered asking a friend for a small loan and just use some of your silver as collateral? e.g. You hand over say $5K in metal for a $4K loan (say) and also perhaps offer the person a reasonable rate of interest for a secured short term loan.

You pay off the loan and interest owing when some cash finally comes in and you get back the metal and you don't lose your current position.

If I had the readies I'd be glad to offer you or anyone a service like this - but unfortunately - all my readies are sort of tied up in a certain white metal at present!

Just remember - you are not alone! Practically every silver purchase made anywhere in the world over the past 14 months is currently underwater. My current 'paper' loss is significant - yet I sleep very well at night.

If I didn't have my stack I would lie awake at night and tremble!
 
Black_Sun said:
Newtosilver said:
I don't think you would find one person in the Australian military who is a "baby killer" they are your family members, neighbors, sons soccer coach. I think people may be getting a bit carried away.......
Click to expand...

Agreed. Its uncle sam I'm thinking of. But the problem is, that australia like so many other western countries kow tows to what the good ole USA thinks is best. That US base near Hobart is a big mistake.
Click to expand...

More info please?
 
boneyard said:
Black_Sun said:
Newtosilver said:
I don't think you would find one person in the Australian military who is a "baby killer" they are your family members, neighbors, sons soccer coach. I think people may be getting a bit carried away.......
Click to expand...

Agreed. Its uncle sam I'm thinking of. But the problem is, that australia like so many other western countries kow tows to what the good ole USA thinks is best. That US base near Hobart is a big mistake.
Click to expand...

More info please?
Click to expand...
Think he might mean Darwin, close but no cigar
 
A US base near Hobart? Is someone going to start fishing Penguins in Australian Waters or something?
 
Wait a year or three and we may see the real cry-baby threads with titles such as:

"I wish I hadn't sold all my silver at $26.XX".

or

"I wish I got out of XXXX bank/credit union/super fund/(other paper investment) before they went under"

or

"Please, can some one sell me some Gold/Silver. I'll pay double spot."
 
Wait until the new QE2.5 is announced very soon..... It should get both PM's moving into more realsitic prices....hopefully!
 
I'll give a simple two sentence surmation on this thread :

1 - Precious metals investment are a wealth protection tool, not a wealth creation tool. Commodity vector considerations in Ag aside, if you went into the PM market on the recent rapid rise purely for short term capital gains, you came in for the wrong reasons. Ag is the most heavily manipulated commodities market in the world today... you'd be either very naive or very brave to stake your investment dollars on predicting the top.

2 - I measure my stack in ounces, not dollars. There's a breakdown here in understanding and appreciating the fundamentals on precious metals investment. That's why I'm 100% physical long term with a cost average purchase approach. If you're still looking at your PM holdings from a fiat value perspective, you're honestly looking at it wrong.

That's my 0.2oz
 
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