Any silver stackers on the board?

[Peter_Spaeth]

Originally Posted by frankbmd

You can inhale colloidal silver in a nebulizer to get it silver into your bloodstream which may have a therapeutic benefit in treating the bubonic plague. The hooker is that you have to have been doing this for several months before contracting the disease.

I guess if everyone starts snorting silver prophylactically (sorry for a haughty term, Brian), demand will rise and supply will diminish, resulting in a rise in the price of silver.

I am not recommending this however.

This is good news for David. There IS a way silver could go back up in price.

[vintagetoppsguy]

Originally Posted by Peter_Spaeth

This is good news for David. There IS a way silver could go back up in price.

Don't say that!

I need silver to stay low so I can stack more.

[packs]

I remember reading a story about a family who has some kind of genetic mutation that caused their skin to turn blue. It had something to do with a defect caused by silver.

[Snapolit1]

What would be the investing benefit of have a large heavy box of 1 ounce silver pieces in my garage vs. just putting money into a reputable silver investment fund and seeing what happens?

(Putting aside of course the world collapse scenario, where total disorder breaks out, my family is starving to death, and I take one of my silver piece out of the safe and walk up to the last 7-11 open in New Jersey and trade it in for a loaf of bread and a gallon of water.)

[vintagetoppsguy]

Originally Posted by Snapolit1

What would be the investing benefit of have a large heavy box of 1 ounce silver pieces in my garage vs. just putting money into a reputable silver investment fund and seeing what happens?

Not really an investing benefit, just a peace of mind benefit. For me, I would rather have something I can hold on to, open my safe and look at it anytime I want to, rather than having some ETF or certificate that says I own it. Let me relate it to cards. Would you rather have your cards in hand, or setting in PWCC's vault?

If you're not the type that needs to have it in hand (and there's certainly nothing wrong with that), then buy it and put it in a self-directed IRA. At least you would get the tax benefits.

On another note, one of the objections that I hear quite often is that it's too bulky, too hard to store. No, that's not really true.

[Snapolit1]

Originally Posted by vintagetoppsguy

Not really an investing benefit, just a peace of mind benefit. For me, I would rather have something I can hold on to, open my safe and look at it anytime I want to, rather than having some EFT or certificate that says I own it. Let me relate it to cards. Would you rather have your cards in hand, or setting in PWCC's vault?

If you're not the type that needs to have it in hand (and there's certainly nothing wrong with that), then buy it and put it in a self-directed 401k. At least you would get the tax benefits.

On another note, one of the objections that I hear quite often is that it's too bulky, too hard to store. No, that's not really true.

Good answer; get your point. I wouldn't put a card in the PWCC vault if it was the last vault in America. Tangible is cool. I get that.

[Snapolit1]

What are your thoughts on platinum? See it on eBay on occasion and have often thought about. No idea what the history of it investing or collecting wise.

[vintagetoppsguy]

Originally Posted by Snapolit1

What are your thoughts on platinum? See it on eBay on occasion and have often thought about. No idea what the history of it investing or collecting wise.

I can't give an opinion on platinum as I really don't know much about it. I've thought about picking up an ounce or two just to have, but I haven't done it yet. For me, the reason I chose silver is it's industrial uses. I'm not sure what platinum is used for, but I do know it does have some industrial uses, just never researched it.

[Peter_Spaeth]

Originally Posted by Snapolit1

What are your thoughts on platinum? See it on eBay on occasion and have often thought about. No idea what the history of it investing or collecting wise.

I've looked into it. Very volatile was my impression last time I did.

[2dueces]

A few ASE’s and Indian Heads in the collection but I’ve been purchasing gold at spot or above for years. Nothing major, just a coin here and there a month. It adds up over the years. My latest passion is British Sovereigns. Beautiful little coins and almost 1/4 ounce of gold. My latest.

[bbcard1]

The last couple of years, I've tried to buy an ounce of gold and a little silver. I usually like the Australian stuff...it's pretty.

[vintagetoppsguy]

Anybody able to find any silver at their LCS or elsewhere? My LCS sells it as quickly as he gets it. If you've bought some, what kind of prices are you paying? I see it for sale on eBay and generic 1 oz bars and rounds seem to be going for about $24-$28 delivered. I just can't see paying that much. Then again, I may be looking back in a few months from now and be wishing I'd picked it up at that bargain price. Who knows?

My LCS has plenty of junk silver (90% silver coins). Last week, I purchased some Peace Dollars and Mercury Dimes. I paid $18 each for the Peace Dollars so 18X FV, and I paid $1.50 each for the Mercury Dimes so 15X FV. How much is junk silver going for where you live?

I'll probably go back to my LCS this weekend and hopefully he has some bullion but, if not, I'll buy some more junk...maybe some halves.

What are your recent experiences?

[Mikehealer]

David, I would say that's a good deal on the silver dollars. From my experience
silver dollars usually sell for a little more than the ounce spot price. I had a good friend a couple of years ago selling his mom's silver coins and the local coin shop offered $17 each for the dollars, silver at the time was between $14-15.