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OfflineDesert Elf

Registered: 08/23/11
Posts: 765
Last seen: 10 years, 7 months
Re: WE TOLD YOU SO!! Who Is/Was/Will Be On The Shroomery Gold/Silver Bandwagon With Us? [Re: Epigallo]
    #15165643 - 10/02/11 07:32 AM (12 years, 4 months ago)

People moving their investments over to metals. Much more secure when the economy is being battered.


--------------------
Om Bhur Bhuvah Svaha
Tat Savitur Varenyam
Bhargo Devasya Dhimahi
Dhiyo Yo Nah Prachodayat

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Invisiblecateyes
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Registered: 12/16/03
Posts: 2,754
Re: WE TOLD YOU SO!! Who Is/Was/Will Be On The Shroomery Gold/Silver Bandwagon With Us? [Re: Asante]
    #15502824 - 12/12/11 12:07 AM (12 years, 2 months ago)

although i was a member for sometime at that point, i was pretty out mentally and not logging in, but my wife and i did get in 2006... we have a good friend whose a commodities analyst and she warned us of a serious problem that had already been developing in the sub prime markets because loans were turning full rate and borrowers were unable to afford the increase in payments... long before i got married i purchased three rental homes in the early 1990's and she advised we should consider selling them and invest in some silver... my wife handled all the transactions pretty much other then signatures and we purchased 1100 pounds at around nine dollars an once... i'm absolutely floored at the returns... i think i posted this before in another thread but what prompted me to dig up this thread is i received an interesting Utube video from someone i subscribe to... he always has solid information and directs others to pretty cool websites for truthful information regarding all aspects of the economy and wall street... this was yesterdays video... it's short, but interesting... maybe some of you are aware of this already though, but i thought i'd just throw it out there... i'm being honest, i'm not an expert in metals at all and was wondering what others here who understood these markets better felt about this...



If Silver Goes Down All Hell Will Break Loose In The Physical Market: Silver Investment Update



Kensho :psychsplit:

Edited by cateyes (12/12/11 12:15 AM)

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OfflineVisionary Tools
Male User Gallery


Registered: 06/23/07
Posts: 7,953
Last seen: 1 year, 8 months
Re: WE TOLD YOU SO!! Who Is/Was/Will Be On The Shroomery Gold/Silver Bandwagon With Us? [Re: cateyes]
    #15503468 - 12/12/11 05:52 AM (12 years, 2 months ago)

I wanna know where the gold at!

Not telling you were I stash my preciouses.



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OfflineEpigallo
Stranger
Registered: 09/17/06
Posts: 8,155
Last seen: 7 years, 5 days
Re: WE TOLD YOU SO!! Who Is/Was/Will Be On The Shroomery Gold/Silver Bandwagon With Us? [Re: cateyes]
    #15505565 - 12/12/11 04:01 PM (12 years, 2 months ago)

Quote:

cateyes said:
although i was a member for sometime at that point, i was pretty out mentally and not logging in, but my wife and i did get in 2006... we have a good friend whose a commodities analyst and she warned us of a serious problem that had already been developing in the sub prime markets because loans were turning full rate and borrowers were unable to afford the increase in payments... long before i got married i purchased three rental homes in the early 1990's and she advised we should consider selling them and invest in some silver... my wife handled all the transactions pretty much other then signatures and we purchased 1100 pounds at around nine dollars an once... i'm absolutely floored at the returns... i think i posted this before in another thread but what prompted me to dig up this thread is i received an interesting Utube video from someone i subscribe to... he always has solid information and directs others to pretty cool websites for truthful information regarding all aspects of the economy and wall street... this was yesterdays video... it's short, but interesting... maybe some of you are aware of this already though, but i thought i'd just throw it out there... i'm being honest, i'm not an expert in metals at all and was wondering what others here who understood these markets better felt about this...



If Silver Goes Down All Hell Will Break Loose In The Physical Market: Silver Investment Update



Kensho :psychsplit:




Can you tell me who the person is you subscribe to? I might check him/her out.

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Invisiblecateyes
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Registered: 12/16/03
Posts: 2,754
Re: WE TOLD YOU SO!! Who Is/Was/Will Be On The Shroomery Gold/Silver Bandwagon With Us? [Re: Epigallo]
    #15507075 - 12/12/11 08:18 PM (12 years, 2 months ago)

Quote:

bradley said:
Can you tell me who the person is you subscribe to? I might check him/her out.




place your cursor at the top of the video and the videos Utube name will appear... simply click on it and it will directly divert you to the Utube video on Utubes sever... there you can look at other videos of his... if you like him, cool subscribe... he's pretty much all self taught, but has gotten into it so deeply that others who are educated have basically taken him in...

i hope this helps...

Kensho :psychsplit:

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InvisibleScudreloaded
psychonaut
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Registered: 03/15/09
Posts: 3,003
Loc: Wonderland
Re: WE TOLD YOU SO!! Who Is/Was/Will Be On The Shroomery Gold/Silver Bandwagon With Us? [Re: cateyes] * 1
    #15508012 - 12/12/11 11:30 PM (12 years, 2 months ago)

so if i were to try and jump on this bandwagon now, where would i start. I don't have much money as i only have a minimum wage job, but i'd like to be able to put a little in while i can. if its possible.
point me in the right direction maybe?


--------------------
We were somewhere around Barstow on the edge of the desert when the drugs began to take hold. - Hunter S. Thompson

- believe what you may but take the internet with a grain of salt

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Offlineqman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 2 days, 1 hour
Re: WE TOLD YOU SO!! Who Is/Was/Will Be On The Shroomery Gold/Silver Bandwagon With Us? [Re: Scudreloaded]
    #15510070 - 12/13/11 11:33 AM (12 years, 2 months ago)

Quote:

Scudreloaded said:
so if i were to try and jump on this bandwagon now, where would i start. I don't have much money as i only have a minimum wage job, but i'd like to be able to put a little in while i can. if its possible.
point me in the right direction maybe?





If you have little money, buy silver coins, silver at 31-32oz today, coins now trading $2-4 over spot price, APMEX is the largest online store, great selection and pric

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Invisiblecateyes
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Registered: 12/16/03
Posts: 2,754
Re: WE TOLD YOU SO!! Who Is/Was/Will Be On The Shroomery Gold/Silver Bandwagon With Us? [Re: Scudreloaded]
    #15511788 - 12/13/11 05:26 PM (12 years, 2 months ago)

Quote:

Scudreloaded said:
so if i were to try and jump on this bandwagon now, where would i start. I don't have much money as i only have a minimum wage job, but i'd like to be able to put a little in while i can. if its possible.
point me in the right direction maybe?




i was pretty out of it at the time so my wife and friend handled everything... she advised buying 1000 grain ingots... i would probably follow qman's advice though because i'm not sure exactly what commissions were paid... if the info in the video is correct it's a great play in the long haul...

good luck man...

Kensho :psychsplit:

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Invisibledemiu5
humans, lol
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Registered: 08/18/05
Posts: 43,948
Loc: the popcorn stadium Flag
Re: WE TOLD YOU SO!! Who Is/Was/Will Be On The Shroomery Gold/Silver Bandwagon With Us? [Re: Asante]
    #15566372 - 12/24/11 10:26 AM (12 years, 2 months ago)

i started "investing" when i was 16 in 2003.  i was an assistant manager at a grocery store and had to count the safe multiple times daily, as well as countdown tills.  we would get $500 boxes of quarters and $250 boxes of dimes, often wrapped in clear plastic.  in my free-time, i'd crack open the boxes and spot the silver in the wrappers.  pull out the silver, replace the coin(s) and re-wrap the roll.  the majority of my silver i paid face value for.

from 2003-2005 i accumulated a nice chunk, probably about a pound, troy, of silver.  the summer of 2005 i had about $5000 available i was wanting to invest in metals.  i spent months looking into the silver/gold markets and decided that while gold was more expensive, it was more likely to rise and pay off better than silver, in the short term.  at that point gold was somewhere between 420-440/oz.  i had been in contact with some local brokers and was going to make a deal, but my mom convinced me i should hold onto the money for university or in case of an emergency.  like a fool, i listened to her (she has/had no idea of these kinds of financial matters)

needless to say i didn't buy the gold and missed an amazing opportunity.  but over the last 8 years, i've slowly found/purchased small amounts of silver and a little bit of gold.  probably have a couple pounds of silver and a few grams of gold.  not a bad situation, considering i've put in very little money.


--------------------
channel your inner Larry David

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