I invest in silver- My 4 weeks collection - Investing Prices

My collection after 4 weeks. Why keep money in the bank making 1-3% if you're lucky when you can double your investment in months!

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[ylesfitz8839]

you sure know alot for collecting only 4 weeks? you must have been busy what with ebay, waiting for package,going to the bank, rolling change, craigslist, when did you have time to eat sleep and work? nice stuff btw, and yes its going nowhere but UP UP UP

[SilvermakingmeRICH]

@ylesfitz8839 Had a guy at our local antique shop that helped me figure out what was going on, plenty of time for sleep and eating :-) Keep stacking!

[silvermediastudio]

Worthless.

[SilvermakingmeRICH]

@silvermediastudio what exactly is worthless?

[silvermediastudio]

@SilvermakingmeRICH The silver.

Here's what I mean.. you buy Ag. It appreciates in terms of USD. But unless you sell the Ag, you haven't realized those gains, you haven't actually made money yet. It's like buying stock that appreciates, you haven't made money until you sell those shares, which requires a buyer. At which point, you've traded Ag back for USD, but I thought you were buying Ag to hedge against a weak dollar anyway?

[SilvermakingmeRICH]

@silvermediastudio Although we might see the dollar collapse in the very near future, that doesn't mean that all forms of currency will fail. China is the only nation that doesn't have it's money backed by nothing. The demand in China is great for both gold and silver, and if the dollar does collapse, whoever is in office will have something waiting... I don't only have silver, I'm prepared with food, water, ect..... you're right, i can't eat silver, just like you can't eat fiat dollars.....

[md0206]

@kreak403 Untill the price of silver goes sky high, everyone wants their due and you will never get your money cauuse they can't pay 1000+ procent encrease on what you paid them.

Worst idea you can do is buy shots considering metals, in my opinion.

Only good thing there is are metal in your hand.

[kreak403]

If you want to invest in silver, you invest in silver shot...not silver coins, bars. I bought 250 ounces of silver shot straight from APMEX in early '09 for $9/ounce. Less than a year and a half later silver went up to $18/ounce so I decided to sell it back to APMEX. Yeah, it's over $30 today (please don't remind me), but I still doubled my investment. But, if silver is going to keep going up like people say, you'll make your money back from the company that sold you it.

[ThePjcull]

U should buy Canadian maples.They r .9999 pure. Better than the American eagles .999 pure

[JanRichardus]

Keep on stacking them folks and stick with it.

[silvermediastudio]

@AngusMcSpuds Most farmers have wells on their property, and if they are raising livestock, have ample supplies of water.

If the system breaks down, how exactly would you move to China, and take all your precious metals with you safely?

Why would he trade lb AU for his farm? Makes no sense. Why not 2 lb? or ten? It has no intrinsic value in the world you speak of. Likely he'd stick a 12ga to your head and say "Drop the gold and get off my property."

[AngusMcSpuds]

@silvermediastudio

after the crash, there will be a reset. the US will rebound.

i should have used the word value instead of bartering.

i would only be interested in the guy's chicken if i was REALLY burnt out on my 2 year stash of beans, rice, and tuna in oil. he'd probably trade that chicken for an hours time with my water filter.

i dont wanna move to china. i wanna preserve my little piece of America.

instead of eggs, im thinking along line of...

a pound of Au for the guy's farm.

[silvermediastudio]

@AngusMcSpuds I'll say it again regarding bartering, how much Au/Ag would you trade for a dozen eggs? Or a chicken? Who sets that price? The seller does, and if he asks for a pound of silver for a dozen eggs, and you're starving, you'd be compelled to make that trade. Makes no sense. If I had eggs, the last thing I'd do is trade them for a metal I couldn't eat, drink, or sleep under.

[AngusMcSpuds]

@silvermediastudio

perhaps folks could look at the future value of Ag/Au in bartering terms, as opposed to how many "dollars" it might be worth someday.

i believe my biggest challenge to protecting MY stacks is to be able to recognize, and resist the temptation to sell off PMs until the economic system has reset, and the current FRNs are worthless.

now... will that first new currency be another fiat? or backed by a gold/silver standard of some sort?

i dunno, so i keep stockpiling.

[SGTbull07]

Beauties!

[whittle4u]

I thought about getting some copper, but it is so high, why is that? You can get silver at spot, but copper is twice the true value.