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Physical Silver

Discussion in 'BBS Hangout' started by nolimitnp, Dec 16, 2016.

  1. nolimitnp

    nolimitnp Member

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    Did you know there is literally 5 times more gold that has been mined on the planet than silver? Gold as an industrial metal is essentially useless. There's a tiny, tiny amount in most higher end, new electronics, but that's about it. Silver on the other hand, has over 30,000 industrial uses, second only to petroleum. So why is gold worth about 90 times more? To me it makes absolutely zero sense. At around $16 an ounce (not including spot, or the price paid to the sellers), I think it's absurd not to own physical silver right now.

    If anyone thinks I'm wrong, please explain why? To anyone who agrees with me in theory, buy-buy-buy!
     
  2. weakfromtoday

    weakfromtoday Member
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    You're sure this is true?
     
  3. kevC

    kevC Member

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    Why is Scarlett Johanssen worth more than Tilda Swinton who is a far better actress?
     
    iconoclastic and J Sizzle like this.
  4. Invisible Fan

    Invisible Fan Member

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    Did you know you can literally hold your breath for 20 minutes if you drink a liter of soda beforehand? Russian Space studies have 100% confirmed this.

    Which is why you should buy.... .... .... .... CLICK HERE NOW BEFORE ITS TOO LATE!
     
  5. jsingles

    jsingles Member

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    I own physical silver that I bought back in, I think 08, at $12-13 an ounce. Sold a bit for over $30 when it spiked, the rest just sits in my closet. I will say this in regards to buying and holding onto it. It'll happen in the next few years where the price spikes again, $16 an ounce today is a solid buy price.
     
  6. DonkeyMagic

    DonkeyMagic Member
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  7. PhiSlammaJamma

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  8. Svpernaut

    Svpernaut Member

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    I buy lots of silver as part of my regular investment into physical commodities (10-20% of my investment capital). I generally buy 1 oz coins and 10 oz bars because they are the easiest to move. Monarch Precious Metals is a great dealer if you need one.

    Gold isn't a bad investment, it is just an investment that requires a larger bankroll. It's the same reason I stay away from high dollar stocks like Google (now over $800/share). I just prefer to invest in things that I can easily move if and when needed. Each investor will have their strategies, and one of mine is that when a stock gets over about $150 a share I stop investing in it. I also prefer to have 70 oz of silver than 1 oz of Gold. If I was a millionaire, obviously I'd scale up accordingly.
     
  9. Air Langhi

    Air Langhi Contributing Member

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    It's because the Indians are buying all the gold.
     
  10. Brown Lost It

    Brown Lost It Member

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    Gold cannot be manufactured. Silver (and diamonds) can be. Why mine what you can manufacture sucka?
     
  11. Ziggy

    Ziggy QUEEN ANON

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    90% through the post I had to look at the username to see who started the thread. I assumed it was a spam account with 1 post to their name. Because it reads JUST like one of the MLM pitches selling silver coins.
     
  12. pippendagimp

    pippendagimp Member

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    you need 69 times the space to store an equivalent value of silver vs. gold
     
  13. BamBam

    BamBam Member

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    [​IMG]

    Silver and fake gold!!! :cool:
    .......
    .......
    .......
     
  14. Rashmon

    Rashmon Member

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  15. Supermac34

    Supermac34 President, Von Wafer Fan Club

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  16. Rocket River

    Rocket River Member

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    Manufactured Silver?

    Rocket River
     
  17. jchu14

    jchu14 Member

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    That doesn't sound right. Silver may not exist in nuggets like gold does, but you still have to mine the ores (zinc, lead, copper, gold etc) that produce silver as a byproduct.
     
  18. Dairy Ashford

    Dairy Ashford Member

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    Isn't silver worth less than iron? Gold probably still enjoys precious/decorative status because it doesn't look like aluminum and titanium.
     
  19. conquistador#11

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    You can also kill werewolves and demons with silver, what can you really do with gold? facts matter, brehs.
     
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  20. Dei

    Dei Member

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    t***?
     
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