Buying silver, where to start

Discussion in 'Financial Cents' started by rush81, Feb 3, 2010.


  1. Wildbilly

    Wildbilly Monkey+++

    Just ordered some more silver from APMEX, $1100 or 17 silver dollars (about 13 oz.) and I'm planning on buying additional ammo and food. Trying to finish my preps this year and then invest my SS checks in case there is a future.
     
  2. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    Have you checked out SDBullion dot com and compared prices?
     
  3. Wildbilly

    Wildbilly Monkey+++

    I just checked, and the prices appear to be about the same. I've been with AMPEX for about 10 years and I like them. I selected them at random online and have never been disappointed. Once, they made a mistake on an order, half of the coins in a roll were 90% silver and half weren't. I made a phone call and everything was made right.
    That's why I have always checked rolls of coins for accuracy! If I have left the coins in the roll I would never have known.
     
    Gator 45/70, VisuTrac and SB21 like this.
  4. oil pan 4

    oil pan 4 Monkey+++

    SD bullion is good too.
    I think they claim the highest payout when you sell to them.
     
  5. oil pan 4

    oil pan 4 Monkey+++

    Imo that's simply unacceptable for silver. I say wait till there's a 1 to 2 year low in the price and then buy. I want at least double that much silver for that much money. Assuming I buy silver again. I'm just going to wait for something to crash out or at least go into its low-normal range. Like slightly less than thousand dollar an ounce platinum, delivered.
    Right now I say load up on ammo and gun related shit since almost everything is in stock and cheap.
    Only over priced metal I'm stocking up on is lead at the high price of 80 to 90 cents per pound. I only plan on spending it at a rate 100 to 500 grains at a time.
    But bullet molds are on sale pretty much everywhere.
     
  6. Wildbilly

    Wildbilly Monkey+++

    Hopefully, I will never have to do that again. Back during the Great Recession, I had to sell most of my silver, all of my gold (I only had an ounce) and even some guns. Since then, I have changed my prepping goals; no gold (not really useful for day-to-day bartering) just silver and fewer less expensive guns.
     
    SB21 likes this.
  7. oil pan 4

    oil pan 4 Monkey+++

    Yeah I sold a semi auto Turkish shot gun during the ammo and gun panic. It was finicky with ammo that it would run. It's got a 2-3/4 chamber and needed really hot high brass shells to run somewhat reliably and had a fixed cylinder choke.
    I didn't need it. I have my S12 with aftermarket choke and the Cobain special for my semi autos. The S12 will run all but the lightest trap shells and whatever the S12 won't run the 1400 will gladly gobble up.
     
    SB21 likes this.
  8. Wildbilly

    Wildbilly Monkey+++

    Just saw an ad from Lear Capital that advised buying silver, claiming that it could go to $300 an ounce in the near future. I know, they are just trying to sell some silver, BUT a few years ago they were all saying that silver and gold prices could soar to the prices we have today and they were right, or maybe a broke clock is right twice a day. I'm not selling everything to buy silver, but I am sticking to my buying plan." I love it when a plan comes together", but first you gotta have a plan, and as I keep telling y'all, "I got me a plan"!
     
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  9. oil pan 4

    oil pan 4 Monkey+++

    It will someday. Hopefully not for a long time. My bet is copper refiners will keep dumping silver on a cold market driving the price down.
     
    SB21 likes this.
  10. oil pan 4

    oil pan 4 Monkey+++

    So far so good. The price of silver is going down even with gulf War 11 going on. Copper price and Copper futures are up, silver futures are down.
     
    SB21 likes this.
  11. SB21

    SB21 Monkey+++

    I've been watching the silver ,, started to buy some earlier ,, but the spot price a was about 10+ bucks an Oz,,
     
  12. Jerry Fisk

    Jerry Fisk Monkey++

    Got a 1947 S dime back in change yesterday. The first one in years.
     
    VisuTrac and SB21 like this.
  13. SB21

    SB21 Monkey+++

    I've not seen any silver in circulation in years ,, my daughter said she got a silver dime a few months ago ,, about a yr or so ago ,, I took a few wheat pennies from the little " need a penny" tray ,,the threw in a nickel..
     
  14. Gator 45/70

    Gator 45/70 Monkey+++

    Some people are buying into this cashless society B.S. and using gramp's collection as regular change for goods and services.
    Keep a sharp eye out on your change.
     
    VisuTrac, SB21 and Jerry Fisk like this.
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