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Re: Silver [Re: WI Outdoors] #8220702
09/21/24 09:47 PM
09/21/24 09:47 PM
Joined: Feb 2020
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Indiana
no typically it's those with the most brovo that tend to end up on their knees. or in combat the big guy everyone thinks will be the stud that freezes up and the small wimp turns out to be the medal of honor recipient.


Last edited by Providence Farm; 09/21/24 09:47 PM.
Re: Silver [Re: WI Outdoors] #8220703
09/21/24 09:47 PM
09/21/24 09:47 PM
Joined: May 2010
MN
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
MN
OP, I'll try turn it back to the original subject.

Physical silver and other precious metals are a poor investment vehicle. If your intent is an investment there are better precious metal vehicles other than physical.



"Gold is money, everything else is just credit" JP Morgan
Re: Silver [Re: WI Outdoors] #8220737
09/21/24 10:57 PM
09/21/24 10:57 PM
Joined: Dec 2006
Lower Alabama (Daleville)
L
LAtrapper Offline
"Professor"
LAtrapper  Offline
"Professor"
L

Joined: Dec 2006
Lower Alabama (Daleville)


Note to self- Engage brain before opening mouth (or hitting the ENTER key/SUBMIT button).

Ron Fry

Re: Silver [Re: Marty] #8392484
04/25/25 05:30 AM
04/25/25 05:30 AM
Joined: Jul 2012
N. Carolina
S
Scout1 Offline
trapper
Scout1  Offline
trapper
S

Joined: Jul 2012
N. Carolina
Originally Posted by Marty
gold keeps going up, up and up 2625 right now.

Gold up nearly $1000, silver up about $3. Interesting to say the least.


-------------------------------------
Paying Top Dollar for Alien Parts.
Re: Silver [Re: waggler] #8392630
04/25/25 10:16 AM
04/25/25 10:16 AM
Joined: Jan 2014
Co.-Wy. part time AK.
W
wy.wolfer Offline
trapper
wy.wolfer  Offline
trapper
W

Joined: Jan 2014
Co.-Wy. part time AK.
Originally Posted by waggler
20 ounces of gold ($50,000) will fit into the palm of your hand.
$50,000 worth of silver weighs 114 pounds. Which would you rather have during a real crisis?

Good point, but there is a glitch to that. In a real economic crisis, and you need to buy something, how will you get change back? Most people will want to give you change in paper money, so it might pay to have a mix of silver and gold, more invested in gold ,but you'll need silver for small things. And, to be certain gold and silver are not real "investments that will earn interest, they are insurance against catastrophic economic failure.

Last edited by wy.wolfer; 04/25/25 10:18 AM.
Re: Silver [Re: Providence Farm] #8392631
04/25/25 10:21 AM
04/25/25 10:21 AM
Joined: Jan 2014
Co.-Wy. part time AK.
W
wy.wolfer Offline
trapper
wy.wolfer  Offline
trapper
W

Joined: Jan 2014
Co.-Wy. part time AK.
Originally Posted by Providence Farm
no typically it's those with the most brovo that tend to end up on their knees. or in combat the big guy everyone thinks will be the stud that freezes up and the small wimp turns out to be the medal of honor recipient.


Audie Murphy was 5'5" and weighed 112 lbs. when he enlisted. The most decorated soldier of WWII.

Re: Silver [Re: wy.wolfer] #8392636
04/25/25 10:36 AM
04/25/25 10:36 AM
Joined: Jan 2008
Alaska and Washington State
W
waggler Offline
trapper
waggler  Offline
trapper
W

Joined: Jan 2008
Alaska and Washington State
Originally Posted by wy.wolfer
Originally Posted by waggler
20 ounces of gold ($50,000) will fit into the palm of your hand.
$50,000 worth of silver weighs 114 pounds. Which would you rather have during a real crisis?

Good point, but there is a glitch to that. In a real economic crisis, and you need to buy something, how will you get change back? Most people will want to give you change in paper money, so it might pay to have a mix of silver and gold, more invested in gold ,but you'll need silver for small things. And, to be certain gold and silver are not real "investments that will earn interest, they are insurance against catastrophic economic failure.

Gold is not an investment, it is a hedge. The idea is that in the future you cash in your gold incrementally, as needed, for the inflated currency of that time.


"My life is better than your vacation"
Re: Silver [Re: WI Outdoors] #8392714
04/25/25 01:15 PM
04/25/25 01:15 PM
Joined: Dec 2006
Oregon
beaverpeeler Offline
trapper
beaverpeeler  Offline
trapper

Joined: Dec 2006
Oregon
In 870AD for three ounces of silver you could buy an Irish slave girl in Dublin.


My fear of moving stairs is escalating!
Re: Silver [Re: WI Outdoors] #8392774
04/25/25 03:07 PM
04/25/25 03:07 PM
Joined: Dec 2006
NWWA/AZ
Vinke Offline
trapper
Vinke  Offline
trapper

Joined: Dec 2006
NWWA/AZ
I would never buy bar silver of gold…..


Ant Man/ Marty 2028
just put your ear to the ground , and follow along

Re: Silver [Re: WI Outdoors] #8392784
04/25/25 03:24 PM
04/25/25 03:24 PM
Joined: Dec 2023
Arkansas
T
Trappin Arkansas Online content
trapper
Trappin Arkansas  Online Content
trapper
T

Joined: Dec 2023
Arkansas
I did just purchase more silver today and a little more gold it’s not that your gonna make a killing off it but I do like to have it around and I’ve also got plenty of ammo and other things if needed lol but hey money in the bank ain’t no good if the banks close so it’s all a win win no matter what you got it’s all negotiable

Re: Silver [Re: WI Outdoors] #8392805
04/25/25 03:55 PM
04/25/25 03:55 PM
Joined: Dec 2006
NWWA/AZ
Vinke Offline
trapper
Vinke  Offline
trapper

Joined: Dec 2006
NWWA/AZ
I am putting all my money into beer cans.


Ant Man/ Marty 2028
just put your ear to the ground , and follow along

Re: Silver [Re: Vinke] #8393023
04/25/25 08:59 PM
04/25/25 08:59 PM
Joined: Nov 2007
St. Cloud, MN
trapperkeck Offline
trapper
trapperkeck  Offline
trapper

Joined: Nov 2007
St. Cloud, MN
Originally Posted by Vinke
I am putting all my money into beer cans.

You are smarter than me, I have taken most of my money out of beer cans, after putting it in. frown


"The voice of reason!"
Re: Silver [Re: Vinke] #8393037
04/25/25 09:16 PM
04/25/25 09:16 PM
Joined: Mar 2023
WI
WI Outdoors Offline OP
trapper
WI Outdoors  Offline OP
trapper

Joined: Mar 2023
WI
Originally Posted by Vinke
I would never buy bar silver of gold…..

Why?

Re: Silver [Re: WI Outdoors] #8393347
04/26/25 01:50 PM
04/26/25 01:50 PM
Joined: Dec 2006
NWWA/AZ
Vinke Offline
trapper
Vinke  Offline
trapper

Joined: Dec 2006
NWWA/AZ
Originally Posted by WI Outdoors
Originally Posted by Vinke
I would never buy bar silver of gold…..

Why?



I the world ever went to heck, what are you going to do shave off a piece?

I can leave or enter the county with $9,999.00 gold eagles legally.
9,999x 3,318=33,176,682


Ant Man/ Marty 2028
just put your ear to the ground , and follow along

Re: Silver [Re: WI Outdoors] #8393505
04/26/25 06:24 PM
04/26/25 06:24 PM
Joined: Aug 2010
Asheville, NC
C
charles Offline
trapper
charles  Offline
trapper
C

Joined: Aug 2010
Asheville, NC
I bought two 100 ounce silver bars around 1988. Got them for $4 per ounce after silver crashed from a crazy high price. Just gave one to each of my adult kids. Told them to hold on to them for their kids.

If you compute the compounded yield, it hasn’t been a great investment but I’ll take it. At least it is tax free.

Re: Silver [Re: WI Outdoors] #8393546
04/26/25 07:27 PM
04/26/25 07:27 PM
Joined: Dec 2006
Western Michigan
Animals Only Offline
trapper
Animals Only  Offline
trapper

Joined: Dec 2006
Western Michigan
You will pay $2 dollars over spot to buy and sell $2 under spot to sell. So when you sell the price will need to be &4 dollars over what spot was when you bought it. Silver seldom sells for $4 dollars more than what you paid. Let’s say it went up $6 bucks you’re now able to make $2 on rack ounce you bought. So if you bought fifty ounces you would make a $100 bucks. Is this really worth your time? Just asking.


AKA: Rusty Shackleford
Re: Silver [Re: WI Outdoors] #8393591
04/26/25 08:28 PM
04/26/25 08:28 PM
Joined: Jan 2008
Alaska and Washington State
W
waggler Offline
trapper
waggler  Offline
trapper
W

Joined: Jan 2008
Alaska and Washington State
I would never buy silver over gold as a hedge. I can buy a one ounce gold maple leaves right now for $36 over spot, that's a 1% premium. About the best you can do on silver right now is $3 over spot. That's about a 10% premium.
Besides, look at the performance of gold over silver for the past few months, silver sucks.
Like the PGM's, silver is an industrial metal, they have not been doing so well in the past couple of years.


"My life is better than your vacation"
Re: Silver [Re: WI Outdoors] #8393595
04/26/25 08:30 PM
04/26/25 08:30 PM
Joined: May 2009
Champaign County, Ohio.
K
KeithC Offline
trapper
KeithC  Offline
trapper
K

Joined: May 2009
Champaign County, Ohio.
I've been thinking about selling old, US some silver coins. What's the best way to do it?

Keith

Re: Silver [Re: KeithC] #8393630
04/26/25 09:13 PM
04/26/25 09:13 PM
Joined: Sep 2011
sometimes PA ME or FL
E
ebsurveyor Offline
trapper
ebsurveyor  Offline
trapper
E

Joined: Sep 2011
sometimes PA ME or FL
Originally Posted by KeithC
I've been thinking about selling old, US some silver coins. What's the best way to do it?

Keith



Depends how much you are trying to move. Don't expect more than spot & feel lucky to get that. Here in Berks County, I can buy all I want for $2 over spot. Those same dealers will pay spot. A few years back I was offered more than spot for pre 1965 half dollars. That offer came with a 1099. I can no longer wholesale above spot.

So go to your local coin shop and hold out for spot. If they want to give you a 1099 go to a different shop.

Last edited by ebsurveyor; 04/26/25 09:15 PM.
Re: Silver [Re: KeithC] #8401427
05/10/25 07:23 PM
05/10/25 07:23 PM
Joined: Jan 2014
Co.-Wy. part time AK.
W
wy.wolfer Offline
trapper
wy.wolfer  Offline
trapper
W

Joined: Jan 2014
Co.-Wy. part time AK.
Originally Posted by KeithC
I've been thinking about selling old, US some silver coins. What's the best way to do it?

Keith

Go to a gun show and sell a little over spot.

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