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General Poor Man's Game: Gold,Silver,Platinum, and Palladium
- Thread starter Enock-O-Lypse Now!
- Start date
My personal reason for buying at this time - silver is at the same level it was in 2007 ...
2008 we saw the financial crisis - 2020 will be worse then that obviously.
I’m “betting/hoping” it rebounds like it did after 2008 ....
Took about 3 years after 2008 for silver to shoot to the moon in 2011....I’m guessing 2023-2024 Silver will rise again.
10 year historical chart:
Silver Chart - Last 10 years
Thats all speculation and pure high risk thinking ....we’re in some turbulent times like we’ve never seen before so all bets are out the window to try and read the charts to make money trading the physical.
2008 we saw the financial crisis - 2020 will be worse then that obviously.
I’m “betting/hoping” it rebounds like it did after 2008 ....
Took about 3 years after 2008 for silver to shoot to the moon in 2011....I’m guessing 2023-2024 Silver will rise again.
10 year historical chart:
Silver Chart - Last 10 years
Thats all speculation and pure high risk thinking ....we’re in some turbulent times like we’ve never seen before so all bets are out the window to try and read the charts to make money trading the physical.
Good gawd even Apmex is selling at 17 or above ...rediculous
Any reliable online retailers?
Apmex is solid for online purchases
This seems like a ripoff.
$20/oz seems reasonable.This seems like a ripoff.
That's it I'm convinced. I'm in.
Buy 5 oz Silver Bar - American Flag Bar Online | 5 oz Silver Bars | APMEX Silvertowne
Buy 5 oz Silver Bar - American Flag Bar Online | 5 oz Silver Bars | APMEX Silvertowne
Mozel Tov. I'm thinking about buying some 1 oz silver buffalo coins.That's it I'm convinced. I'm in.
Buy 5 oz Silver Bar - American Flag Bar Online | 5 oz Silver Bars | APMEX Silvertowne
Check out the PM charts prior and after 2008 Financial Crisis - could be seeing similar trends ...
So about 20 an ounce is good even though market says $15?
Yeah, you pay extra for the actual physical product. It's kind of like how when you exchange a foreign currency you never actually get the exchange rate.
Pretty typical for online retailers to tack on a $5 premium ....
Majority of the time you'll find the best offers from local coin shops/dealers - if you find a good dealer they'll only hit you with a $1.50-$2 dollar premium.
I bought rounds/bars lately
in the 19s...and a couple lil kookaburra AU
It is interesting
Printing money like toilet paper right now
Dollar to metal ratio rises by the minute
bailout can trigger quite a rise eventually
in the 19s...and a couple lil kookaburra AU
It is interesting
Printing money like toilet paper right now
Dollar to metal ratio rises by the minute
bailout can trigger quite a rise eventually
Hmm I'll see if I can find a local one. Those American flag bars are temping though.
D
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Looks like buying 10 oz bars is 19.12 or can get you down to 18.89 if you are buying 100oz at a time. 1oz bars are more expensive by another dollar an ounce. 100oz bars don't save much or any money.
Build your wealth in ounces
The good ol stars and stripes in 10 oz size
Buy 10 oz Silver Bar - American Flag Design Bar Online | 10 oz Silver Bars | APMEX Silvertowne
Those Koala's are gorgeous.
Every minute we "print" digital toiler paper the Chinese send a newsletter to the IMF.
If the FED makes a deal WITH the IMF?
/
Chinese market opens in a few hours, watch the Yuan.
Good luck with that
$5 an ounce over market value is 25%, that's a no from me dawg, I had stocks that made 40%, in less than a week.