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Silver Is Getting Crushed
BI ^
| 9-19-2014
| Akin Oyedele
Posted on 09/19/2014 2:14:13 PM PDT by blam
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To: proxy_user
I know you’re speaking in general, and you are quite correct. You’re speaking as an investor.
But it should be pointed out that it is company specific what you own when you buy stock. Remember the roaring 90s? A lot of those dot-com companies were worth less than the paper their shares were printed on.
The stock market is, like everything else, caveat emptor. Investing is hard work. It demands a lot of time and serious research. If you’re not doing that, you’re not investing; you’re speculating.
41
posted on
09/19/2014 3:18:37 PM PDT
by
kevao
(Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
To: kevao
I've made a lot more money off silver than I did off Enron and WorldCom.
To: proxy_user
At least try to be truthful. Tell your story to GM stockholders. Didn’t seem to work out for them.
Most corporations these days have few assets and many have none when balanced against debt.
And in every failure, common stockholders are the last in the liquidation line. If they receive ten cents on a dollar,they are doing well. However, if you live up north, you can use you certificates for toilet paper or kindling.
To: Bookwoman
Buy locally from a dealer or pawn shop. American Eagles sell about ten percent over spot, or you can buy rounds at just over spot. Estate sales are good as well.
There are many reputable sites that sell silver. All of them have materials that explain the market. Prices don’t vary much—silver is a commodity. Various coins sell over spot, but otherwise, silver is just silver.
To: lucky american
“You cannot buy physical silver anywhere at less than 25$ an ounce. “
I bought some online last Friday at about 80 cents over spot. I got delivery today (free shipping) - the day silver dropped 3%, of course.
45
posted on
09/19/2014 3:45:43 PM PDT
by
VanShuyten
("a shadow...draped nobly in the folds of a gorgeous eloquence.")
To: antidisestablishment
Try
Kitco Metals Inc..
They can work with your storage company, work with a "Precious Metal I.R.A., chat over the internet or the phone, or ship it directly to you with an insured delivery.
46
posted on
09/19/2014 3:49:00 PM PDT
by
Yosemitest
(It's Simple ! Fight, ... or Die !)
To: Bookwoman
It is probably a good time to buy. Prices may go lower but I really doubt below $15, if that low.
47
posted on
09/19/2014 3:51:01 PM PDT
by
Gritty
(ISIS is Islam. It is the naked religion. It is Mohammed. - Daniel Greenfield)
To: Gritty
48
posted on
09/19/2014 3:55:25 PM PDT
by
blam
(Jeff Sessions For President)
To: Bookwoman
kitco.com is a reputable seller of precious metals. As regards the ins and outs of owning, don’t know.
49
posted on
09/19/2014 3:59:25 PM PDT
by
ChildOfThe60s
((If you can remember the 60s.....you weren't really there)
To: lucky american
kitco.com
1 oz Silver Canadian Maple Leaf is $21.64 right now
50
posted on
09/19/2014 4:02:22 PM PDT
by
ChildOfThe60s
((If you can remember the 60s.....you weren't really there)
To: blam
Hard to believe how high silver got back in early 80s now looking back
I bought bags of Mexican .92s
Got slapped
51
posted on
09/19/2014 4:02:57 PM PDT
by
wardaddy
(Ferguson MO...but i thought blacks went north to escape the racism of mean ol southerners)
To: blam
It's not at any historical low
52
posted on
09/19/2014 4:04:54 PM PDT
by
Lurkina.n.Learnin
(It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
To: Lurkina.n.Learnin
Here is gold
53
posted on
09/19/2014 4:10:19 PM PDT
by
Lurkina.n.Learnin
(It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
To: Semper911
Precious metals are and act like commodities. They tend to be very cyclic.
To: Bookwoman
I have bought and sold silver at Kitco, APMEX and Universal Bullion. They are three reputable dealers. Kitco.com has links to all sorts of news and analysis which may be helpful.
To: blam
That can’t be! I have been hearing the same commercial for the gold and silver shills for the last three years telling me that silver will soon be over fifty dolla! And they will even send me one gram of silver with their with their scam, er scheme, er documentation.
56
posted on
09/19/2014 4:22:28 PM PDT
by
Mastador1
(I'll take a bad dog over a good politician any day!)
To: lucky american
Right now you can buy a one ounce silver coin from Kitco for 20.34. You can buy a ten ounce bar for 195.40, the equivalent of 19.40 an ounce.
To: longfellowsmuse
Stock market is way up todayReally. Dow closed up 13.75, Nasdaq down 13.64. S&P down .96.
To: navyguy
“Good buying opportunity because silver will go back up.”
When it was $26 per ounce I was hearing that it would go higher ....
To: hinckley buzzard
60
posted on
09/19/2014 4:48:56 PM PDT
by
longfellowsmuse
(last of the living nomads)
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