Thank You GLP Silvertards for Making Me some good dough in Silver

It's all good!

YW!

Oh yeah, I forgot to add, I went with one ouce bars, I think they are more practicle for bartering when paper money implodes and I can sell them at a greater markup on ebay. I will tell you this, the day my first shipment arrived, I could already sell the bars for 7 dollars more per bar than I bought, now its at about 13 buck. Up you ass jim cramer, boyaa

yep it makes you wonder where are the turds are that said silver would collapse!!!!!!!!!!!!!! ha ha

There are some really intelligent people here on GLP. Along with the whackiest of whacky. Sift through the doom lunatics and find the gems.

Although I do think silver doubles and triples from here, a serious take down of the price is possible. I took most of my profits so let the bitch fall so i can load up.

Fat chance but...

You are comparing something physical to something imaginary? classic.

not me, I took my profits.

I thought people bought silver in stocks, not actually physically buying ounces..

Good choice

40.72$ !!!

You can do that but there really is a shortage of certain forms of physical silver.

hey punk its me tick tock bird...just saying hello

OP is a

Silvertards ROCK!!!

No shit, really? Hows biz?

3 dollars over spot? I pay $1.50 at my local coin and jewelers - and obviously don't need to pay shipping.

Too early.

Waaaaaaaaay too early.

It´ll hit $200 an ounce this year

It can't really collapse and here is why. If you dollar goes down, it goes up. If the dollar goes up, people still don't trust the printing press so it at least stays level. Any world tumoil, it goes up. Finally and most important, as the global economy takes off, it is needed in manufacturing so it takes off. The only way to loose is if they find some huge ass deposite, I will take the risk.

no, not too early. i feed my family selling coins. i didnt say i sold it all. that would be quite an undertaking. I sell 80% and keep 20%. I sell 15,000 coins a year. I've been doing this for 12 years. that doesnt even count all the coins i saved B4 I was a coin dealer. I started collecting in the late 80s.

Last Edited by Chucklebutt on 04/08/2011 02:58 PM

Well taking profits on physical is easy too, be carful though big brother is going to start requiring reporting of items sold over 600 dollars in 2012, we will see if that stays in effect. Remeber, both sides of the government hate this, you cant control it like the paper monopoly bills we all carry around. Profit taking is about analizing the situation. If it gets to 75 and the economy is really turning, good job growth ect... I would probable clear out like 60% of what I had and invest in some other metals and stuff just so you don't loose it all in an unlikly event. Remember though, its not like a company that can drop over night to nothing because of a scandal. If it starts to decline, you will have time to still clear a profit.