Off Topic/ B.S. > General Off Topic
Silver
pkveazey:
Damn!!! I went to buy some Silver bullion today to add to my stack and two guys got there ahead of me and bought the guy out. He said he wouldn't have any more until next week. With all the crap that's going on in the world, I hope it is still at a price I can afford. Is anybody else having trouble finding it at spot price+premium?
JohnyMac:
I established an account with Lear back in 2010. I just email my broker what I want to buy and the purchase goes through like crap through a goose. Based on my past purchases, I am paying 3% above spot. This fee is about average and much better than some that charge as much as 6% over spot.
Jackalope:
I bought some on Ebay last week. I just look for the best price, which is usually pretty competitive.
Grudgie:
I bought at $30 spot right before the crash :'(
Just hoping to break even some day.
pkveazey:
--- Quote from: Grudgie on April 14, 2018, 04:42:51 PM ---I bought at $30 spot right before the crash :'(
Just hoping to break even some day.
--- End quote ---
Someday should be pretty soon. So far everybody has their head buried in the sand and they think that ignoring the Chinese, gold and silver backed Yuan will not affect the Dollar. When people start preferring the gold backed currency to the fiat currency, hyperinflation will hit first and then the collapse of the dollar will occur. We'll have to sit on our thumbs for a while but when it happens, an ounce of Silver could be going for any ridiculous number. It could $100 or it could eventually be $10,000. Its anybody's guess. Several States have introduced legislation to allow the use of Gold and Silver as money. This time, they are doing it right. They aren't stamping a value on it. They will use the purity and weight stamps on the metals to determine its value. Some folks think that 100% bartering will work but it won't. I don't think I'm going to be able to go to the Doctor and tell him that as payment I'll come to his house and fix his roof or cut his grass. My Doctor is a bit of a Prepper and he was joking with me about NOT bringing him a chicken for an office visit.
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