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Silver investors lost their asses over the last 8 years.

 
KWRs GigaJoules are valuable
User ID: 75467421
Northern Mariana Islands
05/05/2018 07:17 PM
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Re: Silver investors lost their asses over the last 8 years.
...


I acquired mine long before that. That was just a feeding frenzy. Silver is better than money.
 Quoting: wtf richard


When you factor in inflation and time you held onto the silver, it doesn't really gain that much value. Not to count you have a seller's fee and capital gains tax of up to 28% to pay.

At a minimum most people will have to make a 30% profit to break even. A good investment doesn't require a 30% profit to break even.
 Quoting: Anonymous Coward 76536385


You can shove your capital gains tax up your ass.
 Quoting: wtf richard


Tell that to IRS when they catch you.
 Quoting: Anonymous Coward 76536385


Silver is a commodity being passed off as precious.

Work/Energy is a good basis for the “perfect currency”.
Anonymous Coward
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Australia
05/05/2018 07:44 PM
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Re: Silver investors lost their asses over the last 8 years.
I'll say it again. Silver backed ruble. mark my words
Anonymous Coward (OP)
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Belgium
05/05/2018 07:47 PM
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Re: Silver investors lost their asses over the last 8 years.
I'll say it again. Silver backed ruble. mark my words
 Quoting: Anonymous Coward 76536692


Silver isn't rare so that wouldn't be a big deal.
Anonymous Coward
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05/05/2018 08:10 PM
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Re: Silver investors lost their asses over the last 8 years.
OP, you don't seem to understand a thing about PM's

You do not buy Silver to make a quick profit. It does not matter if it goes up or down in price. If the price stays low then it is a good thing as you can buy more. But the main reason it is good when the price stays low is it means the economy has not crashed and burned.

The price of silver will stay stay low as long as they are still in control and able to manipulate the prices down. They normally keep the price just above what it cost the miners to mine it. Make sure they make a small profit but nothing more.

If the price of silver goes to the moon then it means they have lost control and the whole system crashes. So if you have silver you could get rich but then the question is if you can survive a Mad Max world?

But let me tell you why silver will eventually go to the moon. The U.S. Government uses private banks to manipulate and rig the markets. Their number one bank is J.P. Morgan.

What is J.P. Morgan doing? J.P. Morgan in cahoots with the U.S. Government has very quietly bought 600 million ounces of silver. Why? J.P. Morgan is in the know and if they bought that much silver then they did not buy it to lose money?

So what do they know? They know it is getting close to the whole system crashing and a reset. They know silver price is going to the moon when the crash happens.

So excuse me for not listening to you when I know damn well what J.P. Morgan is doing.

Any price 50 dollars or below is a bargain. Actually it is a steal.

.
Anonymous Coward
User ID: 62455348
United States
05/05/2018 09:00 PM
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Re: Silver investors lost their asses over the last 8 years.
USGS says silver will be the first periodic element to go extinct. What silver used by industry is non recoverable. Most applications using silver have no viable alternative.
Those are strong factors for the long game in physical silver. No amount of paper silver changes those fundamentals. It merely clouds the market and the minds of weak hands. Watch the strong hands actions and quit listening to those who only want to trade paper for paper. That is, unless you need to wipe
Anonymous Coward (OP)
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Belgium
05/05/2018 09:17 PM
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Re: Silver investors lost their asses over the last 8 years.
OP, you don't seem to understand a thing about PM's

You do not buy Silver to make a quick profit. It does not matter if it goes up or down in price. If the price stays low then it is a good thing as you can buy more. But the main reason it is good when the price stays low is it means the economy has not crashed and burned.

The price of silver will stay stay low as long as they are still in control and able to manipulate the prices down. They normally keep the price just above what it cost the miners to mine it. Make sure they make a small profit but nothing more.

If the price of silver goes to the moon then it means they have lost control and the whole system crashes. So if you have silver you could get rich but then the question is if you can survive a Mad Max world?

But let me tell you why silver will eventually go to the moon. The U.S. Government uses private banks to manipulate and rig the markets. Their number one bank is J.P. Morgan.

What is J.P. Morgan doing? J.P. Morgan in cahoots with the U.S. Government has very quietly bought 600 million ounces of silver. Why? J.P. Morgan is in the know and if they bought that much silver then they did not buy it to lose money?

So what do they know? They know it is getting close to the whole system crashing and a reset. They know silver price is going to the moon when the crash happens.

So excuse me for not listening to you when I know damn well what J.P. Morgan is doing.

Any price 50 dollars or below is a bargain. Actually it is a steal.

.
 Quoting: Anonymous Coward 74792200


You are a clown who needs to go back and finish third grade.
Anonymous Coward (OP)
User ID: 76536385
Belgium
05/05/2018 09:19 PM
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Re: Silver investors lost their asses over the last 8 years.
USGS says silver will be the first periodic element to go extinct. What silver used by industry is non recoverable. Most applications using silver have no viable alternative.
Those are strong factors for the long game in physical silver. No amount of paper silver changes those fundamentals. It merely clouds the market and the minds of weak hands. Watch the strong hands actions and quit listening to those who only want to trade paper for paper. That is, unless you need to wipe
 Quoting: Anonymous Coward 62455348


Silver will go extinct? That's wothy of a stupidity award.
Anonymous Coward
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United States
05/05/2018 09:21 PM
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Re: Silver investors lost their asses over the last 8 years.
Over history Silver has had a 300% gain over 10 years.

I havent lost a damn thing because I still hold it.

One does not lose until they sell at a loss.

It aint eating anything so I guess It will stay where it is at.
Anonymous Coward
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United States
05/05/2018 09:22 PM
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Re: Silver investors lost their asses over the last 8 years.
I keep mine to make silver bullets to kill devilish creatures.
Anonymous Coward
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United States
05/05/2018 09:23 PM
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Re: Silver investors lost their asses over the last 8 years.
It works great for vampires.
Anonymous Coward
User ID: 75687968
United States
05/05/2018 09:45 PM
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Re: Silver investors lost their asses over the last 8 years.
Poor silver investors verysad
Anonymous Coward (OP)
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Belgium
05/05/2018 09:51 PM
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Re: Silver investors lost their asses over the last 8 years.
Over history Silver has had a 300% gain over 10 years.

I havent lost a damn thing because I still hold it.

One does not lose until they sell at a loss.

It aint eating anything so I guess It will stay where it is at.
 Quoting: Anonymous Coward 74535926


College tuition has had a 400% gain over the last decade. Your 300% silver gain would be taxed possibly up to 28% capital gains. Then you paid a seller's fee to buy and sell it. Now you must factor in inflation and the amount of time you held onto it. In the end you mostly lost your investment.
Anonymous Coward (OP)
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Belgium
05/05/2018 09:51 PM
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Re: Silver investors lost their asses over the last 8 years.
Poor silver investors verysad
 Quoting: Anonymous Coward 75687968


Well that's what they get for dissing math.
Anonymous Coward
User ID: 62455348
United States
05/05/2018 09:52 PM
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Re: Silver investors lost their asses over the last 8 years.
USGS says silver will be the first periodic element to go extinct. What silver used by industry is non recoverable. Most applications using silver have no viable alternative.
Those are strong factors for the long game in physical silver. No amount of paper silver changes those fundamentals. It merely clouds the market and the minds of weak hands. Watch the strong hands actions and quit listening to those who only want to trade paper for paper. That is, unless you need to wipe
 Quoting: Anonymous Coward 62455348


Silver will go extinct? That's wothy of a stupidity award.
 Quoting: Anonymous Coward 76536385


Well in all fairness it is a 2011 report from a government agency, and we all know the brilliance of our government scientists :o
Anonymous Coward
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United States
05/05/2018 09:59 PM
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Re: Silver investors lost their asses over the last 8 years.
Over history Silver has had a 300% gain over 10 years.

I havent lost a damn thing because I still hold it.

One does not lose until they sell at a loss.

It aint eating anything so I guess It will stay where it is at.
 Quoting: Anonymous Coward 74535926


College tuition has had a 400% gain over the last decade. Your 300% silver gain would be taxed possibly up to 28% capital gains. Then you paid a seller's fee to buy and sell it. Now you must factor in inflation and the amount of time you held onto it. In the end you mostly lost your investment.
 Quoting: Anonymous Coward 76536385


A bird in the hand is worth two in the bush. paper and zinc dont make value.
Anonymous Coward
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United States
05/05/2018 09:59 PM
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Re: Silver investors lost their asses over the last 8 years.
OP, you don't seem to understand a thing about PM's

You do not buy Silver to make a quick profit. It does not matter if it goes up or down in price. If the price stays low then it is a good thing as you can buy more. But the main reason it is good when the price stays low is it means the economy has not crashed and burned.

The price of silver will stay stay low as long as they are still in control and able to manipulate the prices down. They normally keep the price just above what it cost the miners to mine it. Make sure they make a small profit but nothing more.

If the price of silver goes to the moon then it means they have lost control and the whole system crashes. So if you have silver you could get rich but then the question is if you can survive a Mad Max world?

But let me tell you why silver will eventually go to the moon. The U.S. Government uses private banks to manipulate and rig the markets. Their number one bank is J.P. Morgan.

What is J.P. Morgan doing? J.P. Morgan in cahoots with the U.S. Government has very quietly bought 600 million ounces of silver. Why? J.P. Morgan is in the know and if they bought that much silver then they did not buy it to lose money?

So what do they know? They know it is getting close to the whole system crashing and a reset. They know silver price is going to the moon when the crash happens.

So excuse me for not listening to you when I know damn well what J.P. Morgan is doing.

Any price 50 dollars or below is a bargain. Actually it is a steal.

.
 Quoting: Anonymous Coward 74792200


You are a clown who needs to go back and finish third grade.
 Quoting: Anonymous Coward 76536385

Tell that to the people in Venezuela where 1 ounce of silver is worth 6 months worth of food.


.
Larry D. Croc

User ID: 70736097
United States
05/05/2018 10:05 PM

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Re: Silver investors lost their asses over the last 8 years.
...


That's why they stopped minting currency with silver because it is overproduced, yeah?
 Quoting: wtf richard


It went from $30+ an Oz to $16 an Oz and stayed at $16 an Oz for almost the last decade because they mine almost a billion ounces of it a year, idiot.
 Quoting: Anonymous Coward 76536385


It stopped being used in currency loooong before that, because it was too valuable and in too short supply. So don't call me an idiot, idiot.
 Quoting: wtf richard


You're all idiots if you thought silver was a good investment back in 2011 when it was $44 an Oz. Silver went to $16 an Oz that same year and is still $16 an Oz today.
 Quoting: Anonymous Coward 76536385


Any stooge can pick a spot in ANY market that represents a top and create a post like this. Your assumptions that everyone bought at the top is insane.

I understand Gresham's Law (you, fool, will have to look that up) and was putting silver coinage away starting in 1965 for, yeah, you guessed it, face value of the coins.

Guess I was an idiot for getting silver at about $1.40 per ounce, huh?
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
Anonymous Coward (OP)
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Belgium
05/05/2018 10:14 PM
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Re: Silver investors lost their asses over the last 8 years.
...


It went from $30+ an Oz to $16 an Oz and stayed at $16 an Oz for almost the last decade because they mine almost a billion ounces of it a year, idiot.
 Quoting: Anonymous Coward 76536385


It stopped being used in currency loooong before that, because it was too valuable and in too short supply. So don't call me an idiot, idiot.
 Quoting: wtf richard


You're all idiots if you thought silver was a good investment back in 2011 when it was $44 an Oz. Silver went to $16 an Oz that same year and is still $16 an Oz today.
 Quoting: Anonymous Coward 76536385


Any stooge can pick a spot in ANY market that represents a top and create a post like this. Your assumptions that everyone bought at the top is insane.

I understand Gresham's Law (you, fool, will have to look that up) and was putting silver coinage away starting in 1965 for, yeah, you guessed it, face value of the coins.

Guess I was an idiot for getting silver at about $1.40 per ounce, huh?
 Quoting: Larry D. Croc


What year was that? When you factor in inflation and the time you held onto it you'll find that back then you would have made more money on a CD.
Anonymous Coward (OP)
User ID: 76536385
Belgium
05/05/2018 10:15 PM
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Re: Silver investors lost their asses over the last 8 years.
OP, you don't seem to understand a thing about PM's

You do not buy Silver to make a quick profit. It does not matter if it goes up or down in price. If the price stays low then it is a good thing as you can buy more. But the main reason it is good when the price stays low is it means the economy has not crashed and burned.

The price of silver will stay stay low as long as they are still in control and able to manipulate the prices down. They normally keep the price just above what it cost the miners to mine it. Make sure they make a small profit but nothing more.

If the price of silver goes to the moon then it means they have lost control and the whole system crashes. So if you have silver you could get rich but then the question is if you can survive a Mad Max world?

But let me tell you why silver will eventually go to the moon. The U.S. Government uses private banks to manipulate and rig the markets. Their number one bank is J.P. Morgan.

What is J.P. Morgan doing? J.P. Morgan in cahoots with the U.S. Government has very quietly bought 600 million ounces of silver. Why? J.P. Morgan is in the know and if they bought that much silver then they did not buy it to lose money?

So what do they know? They know it is getting close to the whole system crashing and a reset. They know silver price is going to the moon when the crash happens.

So excuse me for not listening to you when I know damn well what J.P. Morgan is doing.

Any price 50 dollars or below is a bargain. Actually it is a steal.

.
 Quoting: Anonymous Coward 74792200


You are a clown who needs to go back and finish third grade.
 Quoting: Anonymous Coward 76536385

Tell that to the people in Venezuela where 1 ounce of silver is worth 6 months worth of food.


.
 Quoting: Anonymous Coward 74792200



$16 US dollars would be acceptable to them too.
Anonymous Coward (OP)
User ID: 76536385
Belgium
05/05/2018 10:16 PM
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Re: Silver investors lost their asses over the last 8 years.
USGS says silver will be the first periodic element to go extinct. What silver used by industry is non recoverable. Most applications using silver have no viable alternative.
Those are strong factors for the long game in physical silver. No amount of paper silver changes those fundamentals. It merely clouds the market and the minds of weak hands. Watch the strong hands actions and quit listening to those who only want to trade paper for paper. That is, unless you need to wipe
 Quoting: Anonymous Coward 62455348


Silver will go extinct? That's wothy of a stupidity award.
 Quoting: Anonymous Coward 76536385


Well in all fairness it is a 2011 report from a government agency, and we all know the brilliance of our government scientists :o
 Quoting: Anonymous Coward 62455348


The scientist probably pisses his pants in public regularly. peepants
Anonymous Coward
User ID: 74792200
United States
05/05/2018 10:41 PM
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Re: Silver investors lost their asses over the last 8 years.
OP, you don't seem to understand a thing about PM's

You do not buy Silver to make a quick profit. It does not matter if it goes up or down in price. If the price stays low then it is a good thing as you can buy more. But the main reason it is good when the price stays low is it means the economy has not crashed and burned.

The price of silver will stay stay low as long as they are still in control and able to manipulate the prices down. They normally keep the price just above what it cost the miners to mine it. Make sure they make a small profit but nothing more.

If the price of silver goes to the moon then it means they have lost control and the whole system crashes. So if you have silver you could get rich but then the question is if you can survive a Mad Max world?

But let me tell you why silver will eventually go to the moon. The U.S. Government uses private banks to manipulate and rig the markets. Their number one bank is J.P. Morgan.

What is J.P. Morgan doing? J.P. Morgan in cahoots with the U.S. Government has very quietly bought 600 million ounces of silver. Why? J.P. Morgan is in the know and if they bought that much silver then they did not buy it to lose money?

So what do they know? They know it is getting close to the whole system crashing and a reset. They know silver price is going to the moon when the crash happens.

So excuse me for not listening to you when I know damn well what J.P. Morgan is doing.

Any price 50 dollars or below is a bargain. Actually it is a steal.

.
 Quoting: Anonymous Coward 74792200


You are a clown who needs to go back and finish third grade.
 Quoting: Anonymous Coward 76536385

Tell that to the people in Venezuela where 1 ounce of silver is worth 6 months worth of food.


.
 Quoting: Anonymous Coward 74792200



$16 US dollars would be acceptable to them too.
 Quoting: Anonymous Coward 76536385

But $16 dollars will not buy them 6 months worth of food. 1 ounce of silver will.


.
Anonymous Coward (OP)
User ID: 76536385
Belgium
05/05/2018 10:49 PM
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Re: Silver investors lost their asses over the last 8 years.
...


You are a clown who needs to go back and finish third grade.
 Quoting: Anonymous Coward 76536385

Tell that to the people in Venezuela where 1 ounce of silver is worth 6 months worth of food.


.
 Quoting: Anonymous Coward 74792200



$16 US dollars would be acceptable to them too.
 Quoting: Anonymous Coward 76536385

But $16 dollars will not buy them 6 months worth of food. 1 ounce of silver will.


.
 Quoting: Anonymous Coward 74792200


One ounce of silver cost $16
Larry D. Croc

User ID: 70736097
United States
05/05/2018 10:54 PM

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Re: Silver investors lost their asses over the last 8 years.
...


It stopped being used in currency loooong before that, because it was too valuable and in too short supply. So don't call me an idiot, idiot.
 Quoting: wtf richard


You're all idiots if you thought silver was a good investment back in 2011 when it was $44 an Oz. Silver went to $16 an Oz that same year and is still $16 an Oz today.
 Quoting: Anonymous Coward 76536385


Any stooge can pick a spot in ANY market that represents a top and create a post like this. Your assumptions that everyone bought at the top is insane.

I understand Gresham's Law (you, fool, will have to look that up) and was putting silver coinage away starting in 1965 for, yeah, you guessed it, face value of the coins.

Guess I was an idiot for getting silver at about $1.40 per ounce, huh?
 Quoting: Larry D. Croc


What year was that? When you factor in inflation and the time you held onto it you'll find that back then you would have made more money on a CD.
 Quoting: Anonymous Coward 76536385


You're flopping around like a drowning man, OP. Precious metals are, for me, a store of value and nothing more. Nor less.

Keep on with pseudo-analysis, play your silly little game of picking a point in time to try and make yourself look wise, you're just an idiot with a keyboard who's pissed about his state in life.

Deal with it in silence for a while, ok? Thanks.
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
Anonymous Coward
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United States
05/05/2018 11:05 PM
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Re: Silver investors lost their asses over the last 8 years.
Larry Black Cock...When the fuck did you buy silver for $1.40 an ounce you bullshitting fucking liar!!!!!
Anonymous Coward (OP)
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Belgium
05/05/2018 11:22 PM
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Re: Silver investors lost their asses over the last 8 years.
Larry Black Cock...When the fuck did you buy silver for $1.40 an ounce you bullshitting fucking liar!!!!!
 Quoting: Anonymous Coward 76547199


Even if he did, holding onto it that long didn't increase it's value. The value has decreased since every year a billion ounces of silver are mined. If wants to sell it he has to pay 28% capital gains tax and seller's fees.

To make any money on silver and gold you have to buy it in the pounds when it's low. If you buy it in ounces the only one who's getting rich are the dealers. If you buy in ounces you barely cut even at 30% profit. You have to almost double the value of the precious metal to make any real money.
Anonymous Coward (OP)
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Belgium
05/05/2018 11:23 PM
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Re: Silver investors lost their asses over the last 8 years.
...


You're all idiots if you thought silver was a good investment back in 2011 when it was $44 an Oz. Silver went to $16 an Oz that same year and is still $16 an Oz today.
 Quoting: Anonymous Coward 76536385


Any stooge can pick a spot in ANY market that represents a top and create a post like this. Your assumptions that everyone bought at the top is insane.

I understand Gresham's Law (you, fool, will have to look that up) and was putting silver coinage away starting in 1965 for, yeah, you guessed it, face value of the coins.

Guess I was an idiot for getting silver at about $1.40 per ounce, huh?
 Quoting: Larry D. Croc


What year was that? When you factor in inflation and the time you held onto it you'll find that back then you would have made more money on a CD.
 Quoting: Anonymous Coward 76536385


You're flopping around like a drowning man, OP. Precious metals are, for me, a store of value and nothing more. Nor less.

Keep on with pseudo-analysis, play your silly little game of picking a point in time to try and make yourself look wise, you're just an idiot with a keyboard who's pissed about his state in life.

Deal with it in silence for a while, ok? Thanks.
 Quoting: Larry D. Croc


You would have to make at least 30% profit to even cut even these days. So your experience isn't relevant to present reality.
Anonymous Coward
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United States
05/05/2018 11:27 PM
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Re: Silver investors lost their asses over the last 8 years.
Capital gains tax on selling silver? lmao
Who exactly is going to collect that? I've sold pm and made some nice profits. Nobody is going to collect shit.
Anonymous Coward
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United States
05/05/2018 11:28 PM
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Re: Silver investors lost their asses over the last 8 years.
Now is a good time to buy a nice 100 ounce bar
Anonymous Coward
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United States
05/05/2018 11:29 PM
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Re: Silver investors lost their asses over the last 8 years.
CANT EAT SILVER

cruise
 Quoting: Anonymous Coward 76526212


Actually there is colloidal silver which you can eat
 Quoting: bro tim


Very popular among lunatticss here in glp.
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05/05/2018 11:30 PM
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Re: Silver investors lost their asses over the last 8 years.
[link to www.apmex.com (secure)]





GLP