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#1
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Anyone make any trades?
Last edited by packs; 04-26-2020 at 02:55 PM. |
#2
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Cool thread, surprised I've never seen it before now. I've "stacked" on and off again since 2008. I'm not a prepper but I am wary of potential inflation and I think it's kind of a fun hobby. Worst investment decision I've ever made though was buying a bunch of palladium at $200/oz and selling it at $450 only to see it cross $2k years down the road.
The cool part about it IMO is the history... getting gold coins for Europe that are hundreds of years old at a slight markup to spot is a fair price and just incredibly cool. The bad part is when it goes beyond this IMO and collectors/investors fall victim to charlatans who are either projecting "Gold to $10,000 by 2025....buy my book" or slinging a "Collectors Edition Chewbaka 2 oz silver round" for only 4X spot... basically lots of people get burnt and have no clue what they're doing. I will be buying some again in the near future but can't justify paying the spreads right now. I'll just play GLD until I get a chance. Last edited by ronniehatesjazz; 05-26-2020 at 12:30 AM. |
#3
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Not me. Silver is very hard to find in my area right now with premiums of $5-8 an ounce (or more) when you can find it. And a lot of the online dealers are sold out or have very little stock. Even then, they're telling customers 5-6 weeks for delivery. If anyone has any for sale, let me know. I prefer junk silver, generic bullion or ASEs - nothing collectible with high premiums.
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