Mark Stilson Posted August 17, 2007 Report Share Posted August 17, 2007 I was able to sell my silver bullion at $48 dollars an ounce in 79. I didn't make the peak but close. Here's a little article on the Hunt Brothers when they tried to corner the market. Link to comment Share on other sites More sharing options...
BigCanadianM Posted August 17, 2007 Report Share Posted August 17, 2007 How do you get rid of a metal you invested in, in time to get a profit? Link to comment Share on other sites More sharing options...
dustin43160 Posted August 17, 2007 Report Share Posted August 17, 2007 yea my unle has 2,000 ounces of silver when it spiked in 79... some might not belve me but ive seen it, touched it and want it!!!! Link to comment Share on other sites More sharing options...
Scottishmoney Posted August 17, 2007 Report Share Posted August 17, 2007 Everybody treats it like a normal investment, it is not. It basically needs to be approached from the angle that it is an insurance policy when all else(including insurance policies) are worthless. It is a long term commitment and should be approached that way, and not as a six month get rich quick scenario. Link to comment Share on other sites More sharing options...
just carl Posted August 17, 2007 Report Share Posted August 17, 2007 i would think so too.... but she likes to go to shows with me.. and likes to learn about stuff... so unless she wants to start her own coin shop... i think im alright hahahah Let me warn you about a very serious situation you are encountering. It may well effect the rest of your life and usually starts with "for better or worse" Now from personal experience a long time ago I met a young lady that appeared very dainty. She noticed a copy of The American Rifleman" magazine in my car. She picked it up and spent a lot of time reading it. She showed me a picture of a Ruger Mark 1 Simi auto that she would like. We went shooting together. We then started to look into jewlery stores. We started looking at engagement rings. Plans were being made for a thing called a wedding. After about 35 years, kids, grandkids I remember what your going through so let me warn you. SEE WHAT I MEAN. It could happen to you. And remember this. Now those are your coins but soon they could be a joint ownership. Link to comment Share on other sites More sharing options...
dprice Posted August 17, 2007 Report Share Posted August 17, 2007 That would suck!!! I hope nothing happens when she is cleaning her gun. Link to comment Share on other sites More sharing options...
dprice Posted August 17, 2007 Report Share Posted August 17, 2007 There are some very greedy women and men ou there. Everyone should be careful!!!! Link to comment Share on other sites More sharing options...
dprice Posted August 17, 2007 Report Share Posted August 17, 2007 There are some very greedy women and men ou there. Everyone should be careful!!!! Link to comment Share on other sites More sharing options...
dustin43160 Posted August 17, 2007 Report Share Posted August 17, 2007 id say 75% of women are greedy no offese to women but its in there genes!! Link to comment Share on other sites More sharing options...
Mark Stilson Posted August 17, 2007 Report Share Posted August 17, 2007 How do you get rid of a metal you invested in, in time to get a profit? I was off shore at the time it hit $52. I hit the coin shop as fast as I could when I made it in. A majority of the silver I had was bought at $4-5 an ounce. So didn't feel bad at all missing the peak. My brother did a dummy and bought $1000 face value silver when it was dropping. At about $35 an ounce then held on to it. To me its very doubtful if anything like that will happen again. Link to comment Share on other sites More sharing options...
Brett Posted August 17, 2007 Report Share Posted August 17, 2007 I hope silver keeps dropping. Get it back down to $4 an ounce. Then I can buy more of the coins i want Link to comment Share on other sites More sharing options...
BigCanadianM Posted August 17, 2007 Report Share Posted August 17, 2007 That. Would. Be. The. Freaking. Life! Link to comment Share on other sites More sharing options...
dustin43160 Posted August 17, 2007 Report Share Posted August 17, 2007 my gf wouldnt be happy then lol thats all i would buy!!! Link to comment Share on other sites More sharing options...
Scottishmoney Posted August 17, 2007 Report Share Posted August 17, 2007 Don't put the hand on the bum, it might grow there. Link to comment Share on other sites More sharing options...
crystalk64 Posted August 18, 2007 Report Share Posted August 18, 2007 NEVER say NEVER! Link to comment Share on other sites More sharing options...
Scottishmoney Posted August 18, 2007 Report Share Posted August 18, 2007 If silver were to go to $4, then I would have to dip into the cash reserves to buy more. Link to comment Share on other sites More sharing options...
dustin43160 Posted August 18, 2007 Report Share Posted August 18, 2007 If silver were to go to $4, then I would have to dip into the cash reserves to buy more. dip??? i would do more than dip!! Link to comment Share on other sites More sharing options...
crystalk64 Posted August 18, 2007 Report Share Posted August 18, 2007 I would jump on $4 silver like a fly on ______! (Chose whatever word fits your imagination here) Probably clean out everything, check under the cushions on the furniture, under the seats in the car, and sell junk on Ebay just to cash in on a deal like that. But, we all know thats not going to happen! Link to comment Share on other sites More sharing options...
dustin43160 Posted August 18, 2007 Report Share Posted August 18, 2007 change in the couch??? id sell the couch,house,land, any items that i dont need.. id prolly live in a igloo of silver hehe Link to comment Share on other sites More sharing options...
dave44_04 Posted August 21, 2007 Report Share Posted August 21, 2007 A lot of this was started by the leveraged hedge funds sitting with mortgage related debt that they can't sell for any price, and when they get a margin call they need to raise cash fast, and start selling stocks, metals, commodities and anything else not nailed down. Once they start it, then everyone else panics and we get a rush to the exits like we see today. As for $150 gold Dustin, the last time it was that cheap, I was in second grade and not a big gold buyer on my 50-cent weekly allowance! Wow I feel like the old man here, I can remember 12 cent comics, nickel candy bars and 27 cents a gallon gas ( I mowed yards when I was 9) When I started collecting coins Silver was about 2 dollars a oz and Gold 33 dollars a oz. Those were the days Link to comment Share on other sites More sharing options...
crystalk64 Posted August 21, 2007 Report Share Posted August 21, 2007 Good to see I am NOT the only one who remembers 6 cent Cokes and cheap gas! If I had only known back then what I do now!!! Link to comment Share on other sites More sharing options...
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