I just purchased 1000 ounces of physical silver ask me a question

It's in the last sentence of your comment

Just remember "he" was NOT "sold" for 30 pieces of silver. It's was not a " sale" but a hidden message!

Ok so skip the cryticity, Jesus was not sold, he was betrayed for a few ounces of silver..... What would that have to do with silver reflecting light and having no monetary purpose? I think I'm bored with the thread now.

Why is it like pulling teeth to get info from most thread creators? Could it be that they make it up as it goes?

Hey OP,

I bought 10,000 oz. back when it was $7.70/oz. back in 2006.

Only .50 cent over spot and so worth it.

Have you factored in the depreciation of the dollar and the rise in prices over these 10 years? Truth be told, you probably lost rather than gained.

And in the future, you won't be able to eat the silver or gold. Food, water, and truth will be the only currencies.

Yes, however that 7 dollars he spent on an ounce is now worth a twenty dollar bill..where as if he still had those 7 dollars he could not buy the same thing(s) with it. Not everyone plans on specific scenarios. You just have to use your gut and be prepared for a range of different things. Still...better to put your money in metal than a savings account.

That and salt...and if you come by a scenario where you need the above items desperately i'm willing to bet once those supplies become readily available a standardized currency will arrive.

In the meantime, you could for example, pay off your mortgage by trading ten silver eagles for a wheelbarrow full of cash, as the terms of your mortgage in the US is dollars.

There was a bellboy in Germany who bought the hotel he formerly worked at with a silver tip a rich guy gave him, when the German economy crashed after WWI.


Or, if you insist, stick with cartoon FED script and starve to death in the six months it takes for society to recover and develop that "standardized currency" you are fantasizing about.


By the way, $77,000 2006 money vs. $220,000 2014 money doesn't sound like that bad of a hedge to me. Sure as hell beats real estate in the identical period! lol

OP-
why did you buy silver instead of gold?

also

did you get a discount for buying such a large amount of silver?

You obviously did not read my above quote before the one that you quoted defending that very purchase. Nor did you understand what I said. Basically what i mean by standardized currency is the fact if SHTF silver may not necessarily be a tradeable commodity, but may in fact take a little while before people start readily exchanging metals *METALS BEING THE STANDARDIZED CURRENCY* for goods.

I don't get it either.
I want to know what reflectivity had to do with it.
If the OP is going to reflect light or frequency with his silver he should have bought bars, not rounds. Bars would look so cool glued to the wall and ceiling.
If it someway could protect from frequency penetration, then bars it is, not rounds.
And why maples and liberty's. One can purchase bullion, rounds or bars, at that quantity for 30 cents over spot.
One can go on to the KITCO site and purchase bullion from folks that are having to sell for dollars under spot. Maybe not 1000 at a time but buying that much silver would take a lot of finagling to stay under the radar.
Believe me if you were to buy 22k in anything there would be radar everywhere.

The only reason to buy US gubrnut issue would be to avoid sales tax or to use as payment for tax's in a few states. Bullion is taxable goods and so are maples.

Don't get me wrong, I see many applications that are still growing for silver and after watching silver for years, now is about as good a time as any to jump into the market.

As for gold, what if the huge boring machines have hit pockets of gold while building dumbs. Gold could possible be near worthless. Silver is almost just a byproduct of mining other minerals that needs a lot of refinement.


There are some that are fighting the nano anything fight. I see nano as a great possibility for silver and gold.

Solar is another big user of Silver but as graphene tech comes along that might alleviate the need for silver in lots of commercial needs.
What do we need to be preparing to reflect.

Sorry for the wall of text.

silver up to $41 NOW!

[link to physicalsilverprice.com]

I actually gained.

I took positions and even sold at various times when it was between $32-41 per ounce.

I even invested $50k worth into a business, which because it was a capital investment and not income, I didn't have to pay any capital gains on the sale of it. :)

Thing is, I didn't want to be holding it when tshtf as I'm not a greedy person and if things turn bad, I didn't want to have all of that bullion (100 oz. Bars) on me.

I did buy Bitcoin back in 2012 also (care to guess the price and amount) and made a killing on that as well, but I took small loses here and there to be honest with you.

Thing is, when you buy so low and dollar average your gains, you really don't lose in the long run

What even is the "physical" silver price?

OP - will you feel like a failure if silver is sitting around $20 in 10 years?

I truly cannot believe that there are fools on GLP idiotic to actually believe that the hoarding gold and silver will be profitable in the future.

These types of GLPers are perhaps the most deceived of all.

ok...


Lets say you purchased gold at 250.00 an oz back around 2003. If you kept those sames dollars you would not have the purchasing power you did then. Now what is gold at? 1292.00?

Lets look at silver...

5.50 an oz around 2002, now silver is at 20.33.

So keep your dollars, because they are only going up in value.

That's one of the most ignorant replies I've ever read.

Likewise.

You sir have absolutely no conception of what is about to break upon this planet. No human has ever experienced anything like what is about to take place.

Remember my words.

For some reason I cannot post to the bottom poster. Very strange. No error just doesn't show up.

If you have information about what is to come, please do share in all seriousness.

Yes, the picture is that you're a very unethical person who offers bribes, and are exactly the kind of person most of us would like to see perish in the next catastrophe.

Don't get angry at me, just look in the fukking mirror.

There will be plenty of people ( post-collapse ) who will trade some of their excess food or guns for silver rounds.

Precious metals will be used for BARTER.

OP is quite practical.

However, his SOUL is more valuable than any earthly asset.

Now that you HAVE the silver, start praying for your own salvation, and for others as well.

The PMs that cried wolf.

Catastrophic pole shift is coming

you can't eat cash either

I've always wondered about that...

Why would anybody want to eat silver?

Or, OTOH, why would anybody want to walk around with with even $20 worth of peanut butter or tuna fish in his pocket?

I just do not understand some people.

You could have bought stocks in any number of safe boring companies and just as well or better in the same time period and you wouldn't have had to store/secure 625 pounds of silver

Anyone have any thoughts on the coming end of the silver fix on August 14?