Silver Is Trending Down/Up.... - Page 157 - Survivalist Forum
Survivalist Forum

Advertise Here

Go Back   Survivalist Forum > >
Articles Classifieds Donations Gallery Groups Links Store Survival Files


Notices

Financial Forum Economics and Precious Metals

Advertise Here
Similar Threads
Thread Thread Starter Forum Replies Last Post
1 oz. Silver Maple Leaf vs. American Silver Eagle mrwilson2013 Financial Forum 111 12-20-2016 07:45 AM
Calculator For Actual Silver Content Value of US Silver Coins XS29L Financial Forum 14 08-09-2016 04:30 PM
Private Full-Service Silver Mints producing Silver Generic Rounds Branned Financial Forum 1 11-17-2015 07:47 PM
Canada issues $20 silver coin for trade = $116 silver carlnpa Financial Forum 33 05-30-2015 08:03 AM
Physical Silver is Really $50 per Ounce (80% Premium on COMEX Silver Non-Delivery) Branned Financial Forum 26 12-18-2014 10:50 PM
Silver Immune Booster Sale! Best Value Colloidal Silver Solution GetPreparedStuff For Sale 7 10-20-2014 11:45 AM
Election Results & market trending desertpir8 Financial Forum 5 10-24-2012 09:26 PM
Silver is now trending......up? Bud Financial Forum 53 09-05-2012 12:31 PM
TRENDING: Nugent threatens death if Obama wins in November matty86suk Political News and Discussion 101 04-20-2012 03:17 PM

Reply
 
Thread Tools Display Modes
Old 01-27-2013, 01:34 PM
lowlife lowlife is offline
Hunter
 
Join Date: May 2012
Location: Mn
Posts: 1,142
Thanks: 394
Thanked 1,378 Times in 626 Posts
Default



Advertise Here

Quote:
Originally Posted by W.Lynn View Post
so I cut back on hobbies.
Excellent decision, I love to reload (hobby) and it serves me well. Maybe there is a hobby out there that will make you money or involve some long term prepping
Quick reply to this message
Old 01-27-2013, 01:44 PM
97guns's Avatar
97guns 97guns is offline
Barrio Bajo Seņor
 
Join Date: Nov 2009
Location: in a casino
Posts: 3,696
Thanks: 33
Thanked 5,084 Times in 2,141 Posts
Default

Quote:
Originally Posted by W.Lynn View Post
so I cut back on hobbies.


silver has become my hobby, never spent so much on a hobby before, its absolutely taking control of me.
Quick reply to this message
Old 01-27-2013, 01:59 PM
txflyer's Avatar
txflyer txflyer is offline
Silver Wings
 
Join Date: Sep 2011
Location: Wild Blue Yonder
Posts: 11,344
Thanks: 27,335
Thanked 25,163 Times in 8,104 Posts
Default

Stacking makes me feel good for other reasons other than financial survival.

Every time I buy Au or Ag, I feel like I've bought something solid, never-ending, and pretty. Like a piece of history. It's a sobering thought that 10,000 years from now, someone could be holding the very bar or piece of metal that was once yours. I guess you could call it a hobby, but it's more like just parking cash into something that I hope won't lose value and I like PMs better than turnip greens.

Everyone has their own philosophy about life, how to live it, and how to succeed and what truly is success is to them. To me, a good life is all about balance and modesty in all things. Too much of anything is bad is true. Love, family, and friends trump it all in the end. Golden memories shine brighter than any metal.
Quick reply to this message
The Following 5 Users Say Thank You to txflyer For This Useful Post:
Sponsored Links
Advertisement
 
Old 01-27-2013, 05:56 PM
TXmom TXmom is offline
Hiker
 
Join Date: Jun 2011
Location: Gulf Coast
Posts: 662
Thanks: 3,638
Thanked 1,254 Times in 453 Posts
Default

I've only begun buying silver in the last couple of months, so my "stack" is pretty small...more of a "bump" than a "stack".
I'm buying everything in increments of 3. If I never need it, someday when I'm gone, my kids can divide it evenly between them.
Quick reply to this message
The Following User Says Thank You to TXmom For This Useful Post:
Old 01-27-2013, 06:39 PM
sierra skier's Avatar
sierra skier sierra skier is offline
Survivor
 
Join Date: Mar 2010
Posts: 8,796
Thanks: 24,023
Thanked 26,643 Times in 7,161 Posts
Default

Quote:
Originally Posted by TXmom View Post
I've only begun buying silver in the last couple of months, so my "stack" is pretty small...more of a "bump" than a "stack".
I'm buying everything in increments of 3. If I never need it, someday when I'm gone, my kids can divide it evenly between them.
I have recently been buying different rounds for gifts for my grand daughter, daughter, wife and son.

We all have everything we 'need' and most things we want, so by giving rounds or medallions in silver I am hoping to help convert them to a stronger state of mind about value. My son has it figured out, my wife accepts and understands my reasoning, but my daughter and grand daughter are hopelessly liberal in most thinking, but I am working on them the best I can.

We all started at one time and you are thinking ahead and doing it right. Even a bump is better than not even thinking about. Eventually your bump will turn into a 'stack' to be proud of, not to mention you will sleep better knowing you have diversified into metals.
Quick reply to this message
The Following User Says Thank You to sierra skier For This Useful Post:
Old 01-27-2013, 06:58 PM
TXmom TXmom is offline
Hiker
 
Join Date: Jun 2011
Location: Gulf Coast
Posts: 662
Thanks: 3,638
Thanked 1,254 Times in 453 Posts
Default

Quote:
Originally Posted by sierra skier View Post
I have recently been buying different rounds for gifts for my grand daughter, daughter, wife and son.

We all have everything we 'need' and most things we want, so by giving rounds or medallions in silver I am hoping to help convert them to a stronger state of mind about value. My son has it figured out, my wife accepts and understands my reasoning, but my daughter and grand daughter are hopelessly liberal in most thinking, but I am working on them the best I can.

We all started at one time and you are thinking ahead and doing it right. Even a bump is better than not even thinking about. Eventually your bump will turn into a 'stack' to be proud of, not to mention you will sleep better knowing you have diversified into metals.
I've explained about the PMs to the kids and they get it. They've even started looking through their change for junk silver.
Quick reply to this message
The Following User Says Thank You to TXmom For This Useful Post:
Old 01-27-2013, 07:53 PM
Silverivalist's Avatar
Silverivalist Silverivalist is offline
.999 Pure BS
 
Join Date: Sep 2012
Location: Mobile, West Coast
Posts: 663
Thanks: 1,022
Thanked 1,171 Times in 485 Posts
Default

Quote:
Originally Posted by TXmom View Post
I've explained about the PMs to the kids and they get it. They've even started lokking through their change for junk silver.
I went to my local Laundromat the other day and talked to the owner, she is an Asian lady and did not speak hardly any english. I told her I collect old quarters and asked her if it would be ok to buy them from her. She said "we never get old quarters", so I explained I was looking for quarters minted before 1965. She said she never looks at the date but agreed to sell quarters to me.

I then pulled a 1963 quarter from my pocket and said I'm looking for older coins like these. She said "Oh, silver.. yes I find many of those". At that point I realized she knew nothing about mint dates, but knew how to spot silver just by looking at the edges.

I asked her if I could buy any of her silver and she asked how much is it worth? I said each quarter is worth around 5 bucks, she said "5 dollars! I no want to sell, I keep"

Oh well, it was worth a try.
Quick reply to this message
The Following User Says Thank You to Silverivalist For This Useful Post:
Old 01-27-2013, 08:25 PM
Jebus11 Jebus11 is offline
Member
 
Join Date: Dec 2011
Posts: 39
Thanks: 2
Thanked 93 Times in 31 Posts
Default

There was this one time, that I had handed a customer at the store I used to work at, his change.... It made an unusual sound... just enough that we both barely noticed it... but we both noticed that each other noticed.... if you follow.

He said, "Did you hear that?"

I go, "Yeah, that sounded weird.."

Without skipping a beat OR looking at the change, he said, " Yup, Silver." Then turned and walked out.

and I thought to myself, you sly son of a [email protected]#!$ hahaha

That was before I learned how easy it was to find silver from looking at its edge. This is how I found that out.

I was driving home from the same job one day, and I saw someone by the small lake in my town who was metal detecting a small field between the parking lot and lake/pond(suburbs mind you). Now, I had just got done doing alot of research on metal detecting and the like, because I'm pretty interested in finding old things, and then theres always the chance of silver or a gold necklace :D

So I decided to stop and talk to him... I mean, why not? So I was lucky enough to come up to him as he was digging a plug to see what his detector had hit.... We talked a bit and he told me how he has lived in the area a very long time, and that his dad used to hunt ducks out of that lake/pond when it was first made there 40-50 years ago.. which is cool, because my Dad has also lived in this town since it was built in the late 60's - early 70's when he was a kid...

So it turns out that in the hole he dug, there lay a pretty dirty quarter....He then picked up the quarter, and spit on it (lol) and cleaned it off to see the date on it, and it turned out to be a silver quarter.... He explained how that you can tell by the date if its silver.. and then he was also helpful enough to take out some regular modern coins and show me the easy way on the edge to tell if its silver.

That is how I learned the easy method of finding silver coins, I wish I had known that when I worked at McDonalds... Though, I did find a very worn (cull) buffalo nickle, and many wheats while working there.
Quick reply to this message
The Following 3 Users Say Thank You to Jebus11 For This Useful Post:
Old 01-27-2013, 08:58 PM
txflyer's Avatar
txflyer txflyer is offline
Silver Wings
 
Join Date: Sep 2011
Location: Wild Blue Yonder
Posts: 11,344
Thanks: 27,335
Thanked 25,163 Times in 8,104 Posts
Default

Quote:
Originally Posted by TXmom View Post
I've only begun buying silver in the last couple of months, so my "stack" is pretty small...more of a "bump" than a "stack".
I'm buying everything in increments of 3. If I never need it, someday when I'm gone, my kids can divide it evenly between them.

I think of that day if I can leave it to my kids.

Odds are, I'll never need my stack for anything but a last resort, so it should continue to grow until I'm gone.

So it's too bad I won't be there to see the look on their faces...can you imagine if you had cracked open your Great GrandPa's safe and it looked like this? I bet you would think a lot more highly of the old codger ...





.........not saying mine looks anything like this, but hey, a fella can dream ...
Quick reply to this message
The Following User Says Thank You to txflyer For This Useful Post:
Old 01-27-2013, 09:09 PM
plantguy's Avatar
plantguy plantguy is offline
Old and Senile
 
Join Date: Sep 2010
Location: The Grand & Glorious State Of Confusion
Posts: 1,467
Thanks: 1,060
Thanked 1,800 Times in 666 Posts
Default

Quote:
Originally Posted by txflyboy View Post
I think of that day if I can leave it to my kids.

Odds are, I'll never need my stack for anything but a last resort, so it should continue to grow until I'm gone.

So it's too bad I won't be there to see the look on their faces...can you imagine if you had cracked open your Great GrandPa's safe and it looked like this? I bet you would think a lot more highly of the old codger ...





.........not saying mine looks anything like this, but hey, a fella can dream ...
They'll be thanking the old codger all the way to the "We buy gold and silver" store. Then they will **** it all away. I've seen that kind of thing happen over and over in my lifetime.
Quick reply to this message
The Following User Says Thank You to plantguy For This Useful Post:
Old 01-27-2013, 09:50 PM
txflyer's Avatar
txflyer txflyer is offline
Silver Wings
 
Join Date: Sep 2011
Location: Wild Blue Yonder
Posts: 11,344
Thanks: 27,335
Thanked 25,163 Times in 8,104 Posts
Default

Quote:
Originally Posted by plantguy View Post
They'll be thanking the old codger all the way to the "We buy gold and silver" store. Then they will **** it all away. I've seen that kind of thing happen over and over in my lifetime.

Not if the safe they open is in a Trust.

Or, maybe a limited partnership. A family ltd. partnership managed by an LLC works very well for a closely held business. I suppose it could work for the stack.
Quick reply to this message
The Following 2 Users Say Thank You to txflyer For This Useful Post:
Old 01-27-2013, 10:03 PM
TXmom TXmom is offline
Hiker
 
Join Date: Jun 2011
Location: Gulf Coast
Posts: 662
Thanks: 3,638
Thanked 1,254 Times in 453 Posts
Default

Quote:
Originally Posted by txflyboy View Post
I think of that day if I can leave it to my kids.

Odds are, I'll never need my stack for anything but a last resort, so it should continue to grow until I'm gone.

So it's too bad I won't be there to see the look on their faces...can you imagine if you had cracked open your Great GrandPa's safe and it looked like this? I bet you would think a lot more highly of the old codger ...





.........not saying mine looks anything like this, but hey, a fella can dream ...
Wow...just...just...wow.
Quick reply to this message
The Following User Says Thank You to TXmom For This Useful Post:
Old 01-28-2013, 08:01 AM
spameggsbaconandspam's Avatar
spameggsbaconandspam spameggsbaconandspam is offline
Survivor
 
Join Date: Dec 2011
Location: Tampa, FL
Posts: 4,585
Thanks: 7,216
Thanked 11,405 Times in 3,676 Posts
Default

Quote:
Originally Posted by txflyboy View Post
Going down the stay in the game road ... what do y'all think about AAPL?
I think this one is a little tricky, despite what the charts say. I could see it losing more before a reversal. Go for it as long as you're ok with possible price support coming from forces outside of fundamentals. Look up Braeburn Capital if you aren't familiar.


Quote:
Originally Posted by seeya View Post
When i think of a trader i think of a job. 40ish hours a week in front of a computer buying/sell/research. You might as well said you quit investing and started computer programming or computer admin.

Well there is a lot to be said about doing work you enjoy, and doubly more if you work for yourself. Some traders will work 80 hours per week, others 20 per week and still others will trade on big opportunities in which case they may only trade a few months a year. If they enjoy what they are doing and just happen to be well remunerated, it's kind of irrelevant isn't it? There are statistics out there saying that 75% of traders fail but how much of that is because they don't put in the time to learn and choose to toss in the towel instead? It's gambling or a chore if you make it one. The market probably isn't for you if that's how you see it though. My guess if you'll end up as chum if you think of it that way. Spend more time doing the things you enjoy.
Quick reply to this message
The Following User Says Thank You to spameggsbaconandspam For This Useful Post:
Old 01-28-2013, 08:10 AM
W.Lynn's Avatar
W.Lynn W.Lynn is offline
1209
 
Join Date: Jun 2010
Location: Austin area, Texas
Posts: 7,504
Thanks: 16,464
Thanked 18,743 Times in 5,307 Posts
Default

Quote:
Originally Posted by lowlife View Post
Excellent decision, I love to reload (hobby) and it serves me well. Maybe there is a hobby out there that will make you money or involve some long term prepping
LOL, my reloading isn't a hobby as much as it's a prep, I'm in a southern border state, and not far enough away from a city full of whiny college kids, their marxist professors, and a huge portion of the entitlement population of Tx (but I hear Houston and D/FW worse.) Every now and then, we buy additional retail boxes of rounds to increase our total count. We keep plenty on hand, AND we reload every bit of it - any calibers we don't use, we probably know someone who does.

But it's easy, if someone's going to spend anything that's legal tender, then I need some savings that aren't. The kids (both adults) never hit me up for how much value I have, they ask me how much cash I have. "None, gave it to your dad."

I studied and passed my HAM ticket (passed all three!) Not buying a rig to get on the air with til after my stack is worth more than three months' expenses. I used to buy a lot of books, now I'm glad so many of them are useful ones, and I rarely buy them now unless they are. I'd like to build a loom, but I don't have time to spin, so that's not in the picture right now. That's the kind of "hobbies" I have, now my hobby is balancing the various aspects of all the prepping I was doing anyway.

Oh yeah - entertainment dollars. We rarely go to the movies, I like the gun shows better! Went yesterday, got a couple of junk silver dimes.
Quick reply to this message
The Following 2 Users Say Thank You to W.Lynn For This Useful Post:
Old 01-28-2013, 08:46 AM
spameggsbaconandspam's Avatar
spameggsbaconandspam spameggsbaconandspam is offline
Survivor
 
Join Date: Dec 2011
Location: Tampa, FL
Posts: 4,585
Thanks: 7,216
Thanked 11,405 Times in 3,676 Posts
Default

Quote:
Originally Posted by Lono View Post
There was a statement this guy made that I take serious issue with when you have businesses pulling in very good profits, and executives of these businesses making huge salaries and insane bonuses - - - "How are we going to grow exports if we won't "allow" nominal wage deflation." I'm pretty sure he was talking about working people trying to earn a living.

Especially when a company like GE makes billions in profits and paid no taxes in 2010. . . http://www.nytimes.com/2011/03/25/bu...anted=all&_r=0
Lono, there's no question that the plan is to compress wages. It's been happening for decades now. Americans have lost a lot of purchasing power just in the last 10 years. I don't think Kyle Bass is necessarily advocating it, but he knows it's in the cards and has been for some time. This is one of the primary drives for the ongoing currency wars across several of the majors; it's addresses that pesky trade imbalance issue.
Quick reply to this message
The Following User Says Thank You to spameggsbaconandspam For This Useful Post:
Old 01-28-2013, 11:32 AM
97guns's Avatar
97guns 97guns is offline
Barrio Bajo Seņor
 
Join Date: Nov 2009
Location: in a casino
Posts: 3,696
Thanks: 33
Thanked 5,084 Times in 2,141 Posts
Default

anything under $31 looks good and if it breaks down that trend line we could see a quick sub $30, maybe support at $29? idk just fooling around


Quick reply to this message
The Following 3 Users Say Thank You to 97guns For This Useful Post:
Old 01-28-2013, 11:46 AM
Silverivalist's Avatar
Silverivalist Silverivalist is offline
.999 Pure BS
 
Join Date: Sep 2012
Location: Mobile, West Coast
Posts: 663
Thanks: 1,022
Thanked 1,171 Times in 485 Posts
Default

I suspect PoS needs to be kept low to create less demand for ASE's when they come back on line sometime this week. This strategy may backfire. BTD
Quick reply to this message
The Following 2 Users Say Thank You to Silverivalist For This Useful Post:
Old 01-28-2013, 05:54 PM
markb's Avatar
markb markb is offline
Prepared
 
Join Date: Oct 2009
Age: 68
Posts: 330
Thanks: 175
Thanked 392 Times in 184 Posts
Default

FOMC meeting begins tomorrow. Futures expirations tomorrow. It will be interesting to see how the rest of the week plays out.
Quick reply to this message
The Following 3 Users Say Thank You to markb For This Useful Post:
Old 01-28-2013, 06:11 PM
POPPALUV POPPALUV is offline
I love this forum
 
Join Date: Apr 2011
Location: Da Nawlins bayous
Posts: 19,284
Thanks: 34,443
Thanked 42,824 Times in 14,057 Posts
Default

Just so you guys know if you can't get ASes from your lcs, in the Sun. issue of "Parade", there is an ad for the NY mint. You can buy up to 40 ASEs for $39 each!!!!!

PS. How can you tell junk silver from the edges?
Quick reply to this message
Old 01-28-2013, 06:23 PM
W.Lynn's Avatar
W.Lynn W.Lynn is offline
1209
 
Join Date: Jun 2010
Location: Austin area, Texas
Posts: 7,504
Thanks: 16,464
Thanked 18,743 Times in 5,307 Posts
Default

Poppa, look at any more recent coin, and you'll see a band of darker color between the silver-colored outer layers.
Quick reply to this message
The Following 3 Users Say Thank You to W.Lynn For This Useful Post:
Reply

Bookmarks



Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Survivalist Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Gender
Insurance
Please select your insurance company (Optional)

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 05:01 PM.


Powered by vBulletin®
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Optimisation provided by DragonByte SEO (Lite) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
Copyright © Kevin Felts 2006 - 2015,
Green theme by http://www.themesbydesign.net