How will a Coin Shop buy 100 oz silver bar at $1000 oz

When gold and silver bullion bars or coins is at $1,000,000 or $1 trillion an oz your local coin shop will be able to buy it.

So don't worry.

Category:

Education

Tags:

• How
• will
• Coin
• Shop
• by
• 100
• oz
• silver
• bar
• at
• $1000

[stormspottter]

wouldn't it be better to hold onto silver just in case of the dollar collapsing?

[davincij15]

@stormspottter

Buy on rumor sell on fact. Today if you told someone that silver is more rare than gold, dollar is collapsing and silver is manipulated they will not know any of this and may not believe you.

When they agree then you sell. Here is why...

Go ask anyone if a house is a good investment and they will most likely say yes.

So when the public knows about silver don't worry about it doubling after you sold (and it will) leave the last bit of upside for them (just don't hold dollars).

[Bkeytx]

I love silver, but heres my concern, when you go to sell that bar of silver, the person buying it, may not give you exactly what its worth, he'll say, "its got a scratch", just to keep from paying you what its worth.

[davincij15]

@Bkeytx

LOL, then you don't sell it to him.

I have never have that problem 5, 10, 20, or 100 oz bars have sold to different people they did not care that it was tarnished or scratched.

[newtemeculain]

@davincij15 When buying silver eagles from a shop, should I ask for a certifacate of authencity? I want to buy from this one shop in my area but they don't give certifacates

[davincij15]

@newtemeculain

I'm not being sarcastic but do you ask for a certificate of authenticity when you get change from a store?

Why not?

The reason is should people hand fake legal tender the FBI will rain hell and fire on their ass like nothing they have ever seen. The same goes for silver eagles.

[augenbutter]

why would you change valuable silver back into worthless paper? use the silver to buy something else of value

[davincij15]

@Sniperman1964

What happens if the opposite happens where people realize there dollar will be printed into oblivion and everyone rushes into real assets? The world would be flooded with dollars in a week so it's good to be out long before that happens. :)

But I'm sure you believe Helicopter Ben when he says he will stop the helicopter drops once he see's inflation.

[bigslice54]

@newtemeculain

if it is silver, it is silver. very different from a real or fake signature.

you need to go down that shop & try to convince that man to sell to you @ a discount bc he has no certs. he will quietly laugh at you.

[bsmbprospecting40]

also... if you think about it... once silver becomes more rare... gold will then be used more than anything and then gold will go back up after silver has its time.

[shorfilmman]

@augenbutter The whole point is to trade it back to paper when you get ten or fifty times the amount of paper required to attain the initial purchase. 30k in the bank gets you about $150 a year or possibly $500 if you are in a savings program, and you have to pay taxes on that. 30k worth of silver will get you a return of $2500/yr tax free. If a boom on silver ever happens that 30k of silver may be worth 300k with no government to dip his nuts in.

[shorfilmman]

@augenbutter I don't know of any retail shops that will accept silver or any employees paid in silver and that will never happen.

[comrade86]

Sir no matter what ppl say, let them be poor when time will come, they will regret it, just like I do now when I heard to buy silver 5 years ago and i looked at them like they are idiots... :( Any who I agree with you 100%

[PAprepper1]

no...why would u sell it for US money...take it to a international bank an sell it to the country that has the strongest dollar then change that forigen dollar to a country that has a sweet ass tropical island for sale with a hot ass filipina on it (like mine :) an retire there... silver an gold baby...yukon cornelious had it right people

[stormspottter]

If people are asking to buy silver, wouldn't that be an increase in demand which would increase the price?