dannyboy602
Well-Known Member
Prolly. Ill just be a pirate and wait till they come up with their booty and take it by force...arghhh
Silver! Who Is On This Train?
- Thread starter NoDrama
- Start date
swampgrower
Well-Known Member
silver train is gone about time....
beardo
Well-Known Member
I had an interesting idea today,
I had always thought we might see a big run up in prices of silver that could be followed by regulations restrictions and possibly some sort of a ban on P.M.'s and I thought this could be caused by a shortage of phisical or a conering of the market or by the unraveling of the paper silver market, but what if they had a better plan, and plan on having it play out in the oppisite way- we see a huge unraveling of the paper markets, massive backwardsation, very low trading and spot prices because of unlimited availibility of silver contracts driving spot price to 1$ a ounce spot causing all the phisical to be bought up and hurting industry because of a unavailibility of phisical silver for manufacturing giving them an excuse to intervien and out law or restrict ownership of P.M.'s and introducing an offical govt buy out of all private P.M. holders for the spot price of 1$ an ounce.....
I had always thought we might see a big run up in prices of silver that could be followed by regulations restrictions and possibly some sort of a ban on P.M.'s and I thought this could be caused by a shortage of phisical or a conering of the market or by the unraveling of the paper silver market, but what if they had a better plan, and plan on having it play out in the oppisite way- we see a huge unraveling of the paper markets, massive backwardsation, very low trading and spot prices because of unlimited availibility of silver contracts driving spot price to 1$ a ounce spot causing all the phisical to be bought up and hurting industry because of a unavailibility of phisical silver for manufacturing giving them an excuse to intervien and out law or restrict ownership of P.M.'s and introducing an offical govt buy out of all private P.M. holders for the spot price of 1$ an ounce.....
PeachOibleBoiblePeach#1
Well-Known Member
Everyone who had silver and sold,,,with a profit won,,,The "bubble",,,Burst,,,Keep dropping than I'll buy again it's still way too high IMO...But I hold and Look at it every once a while,,,With no paw print's tho',,,I'm more a "collecter",,,with "numisnistic",,,Trait's...That market is still intact and alway's will be IMO.
Anyone who sold physical silver and now has less physical than before has LOST wealth. Wealth is not US Dollars since they are only pieces of paper or digits on a screen or printout. These "busts" as people call them are gifts to people like me who take advantage and build actual tangible wealth by only purchasing more. It's not the dollar value of your silver that is important it is how high your stack goes.
My only numismatic purchases I have made are a 2,400 year old silver drachm with Alexander the Great's image on it and a MS67 uncirculated 1882 Carson City silver Dollar. The former is worth maybe $1,000 and the Silver dollar is worth about $1,200 because of its nearly flawless condition.
My only numismatic purchases I have made are a 2,400 year old silver drachm with Alexander the Great's image on it and a MS67 uncirculated 1882 Carson City silver Dollar. The former is worth maybe $1,000 and the Silver dollar is worth about $1,200 because of its nearly flawless condition.
PeachOibleBoiblePeach#1
Well-Known Member
The people who "Sold",,,did not lose,,,They "Keep'd there loss in "other investment's in check",,,The small guy who bought cheap,,,made a profit,,,won,,,Silver is going to keep dropping,,,I predicted $25-35,,,But now it's going to much lower soon IMO,,,which is great for us "little Guy's",,,I just bought and already recieved a Proof and uncurrulated silver and proof eagle from the mint,,,Total was 134.00 or so wtf,,,Yea I'm stupid but i like to collect.,,,now the site say's there "unavalable to fix the price",,,damn there lowering the cost!
But,,,in the future,,,I'm going to focus on rolls of Bullion eagle's,,,maple leaf's,,,and see about the Philhermonic's,,,I just like looking at the coin's and very relaxing,,,but price's are going to be much better in the soon future.
But,,,in the future,,,I'm going to focus on rolls of Bullion eagle's,,,maple leaf's,,,and see about the Philhermonic's,,,I just like looking at the coin's and very relaxing,,,but price's are going to be much better in the soon future.
PeachOibleBoiblePeach#1
Well-Known Member
It depend's,,,On what kind of silver you wan't?,,,and for what?,,,I just like collecting pretty "new coin's",,,For fun and maybe handing them down someday,,,They will alway's have some value.,,,Other's just buy "Silver Bullion",,,for the silver,,,Investment aspect...It's addictive and easy to get into,,,Just google silver as an investment or collecting etc...and resarch it. You can buy on ebay,,,US mint,,,Canadian mint...dealer's etc...just do some reaserch before buyng and figure out what you want out of it.,,I don't want or expect much out of it except a hobby and watching my collection grow,,,He He,,,But when prices rise it's easy to see a quick profit and sell,,,i fell into that trap a while ago,,,now I'm just collecting and enjoying the coin's for what it's worth. Have fun,,,it is IMO.
Mr Neutron
Well-Known Member
If you're interested, I have some of these:
http://www.coinmerc.com/mexico-c-178/mexico-2006-10-mexican-states-commemoratives-2nd-stage-mexico-1oz-silver-proof-coin
I'd let them go for $80 each, plus shipping.
swampgrower
Well-Known Member
i bet you would they are only worth what people will pay and they are not rare so they would fetch spot value of silver plus a buck or 2
PeachOibleBoiblePeach#1
Well-Known Member
The only mexican silver coin I have is a 1984 punta plura or some thing like that?,,,got it free winning at a game of dart's,,,was bartering with weed
,,,That's a decent investment IMO.
,,,That's a decent investment IMO.
dannyboy602
Well-Known Member
I'm still buying silver but at lower prices. And I'm more than half way towards my 1000 z goal
i got 2800 for a pound of super sour OG last week.
PeachOibleBoiblePeach#1
Well-Known Member
And your happy?,,,Oh wait....Your out west.....i got 2800 for a pound of super sour OG last week.
Mr Neutron
Well-Known Member
If somebody just paid $134 for a silver Eagle, then $80 for one of these would be a bargain, yeah?
You got 2,800 ounces of pure silver for a pound of weed? 2,800 troy ounces is 192 pounds. Or did you mean that you received $2,800 for your pound of weed?i got 2800 for a pound of super sour OG last week.
Proof coins are rare. Know what a proof US Silver eagle from 1995 can fetch from a collector? about 3 grand. Most Proofs cost about $80-$120 now.