Investing In Silver

[djcorrell]

I paid $8475.00 12-11-15.

Yeh, the market has moved up quite a bit since then.
Great timing on your part.

 

[chadh2o]

The US Mint fixed the price to the 16 primary dealers a couple of years ago at spot +$2. The difference in premium YOU pay is what the dealer charges above that.

Sent from my Xoom using Tapatalk

 

[chadh2o]

Sorry, meant to include the US Mint produces the Silver and Gold American Eagle coin.

Sent from my Xoom using Tapatalk

 

[Jestik]

How can you only own 1? I thought you had clients buying this stuff from you all the time. I figured you'd have at least 100 in your own stash?

I tend to move towards the best "value" silver, so I try and get it as close to spot as possible. I don't like paying premiums. I do have a small collection of official silver from all over the world, and included in that is one (1) ASE.

 

[Jestik]

Given what he said was true, you'd think eh? One could either make a good living or have a pretty good stash from the profit.

Again, I try and buy silver as close to spot as possible so that I get as much bang for my buck as I can. The "official" silver coins I have are just to have, and yes, I got an awesome deal on them that I worked out with a client.

 

[chadh2o]

I was going through some old stuff I had saved from the past and came across this video of a Mr Jenkins and a Federal Reserve Representative in a discussion about "what is money". The comical item to note is about 20 minutes in what the Fed Res Rep admits.
If you have an inkling of what REAL money is, you will be in awe.
https://youtu.be/sGsFK52L0lk

Sent from my Xoom using Tapatalk

 

[Jestik]

Here is the extend of my official silver coin collection:

11 whole ounces.

 

[chadh2o]

Jestik, nice! Libertad is my favorite. I have started a collection of Libertads going back to the 1970's (Onza) when the coin was much larger.
As to where to purchase silver. I have purchased from djcorrell and was very satisfied with the transaction.

Sent from my Xoom using Tapatalk

 

[Jestik]

This is pretty much all of the silver I have. This and what I posted in the other picture. Very humble stack of 111 ounces and then about 100 additional grams.

 

[chadh2o]

Good stack. More than 99.9% of the population, but it's starting to catch on.

Sent from my Xoom using Tapatalk