Long Position on Silver and Gold?

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Originally Posted by hghclsswhitetrsh

I never see him sell in the dips like this.

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Good to know.

I've been dragging my feet getting in Silver and figured if any time is good, it might as well be now.

I need to get some 10oz bars if it drops that low.

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Originally Posted by lex137

I need to get some 10oz bars if it drops that low.

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1 10oz bar is hard to barter, or buy, with vs. coin.

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Originally Posted by lex137

I need to get some 10oz bars if it drops that low.

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Stick with 1 or 2 oz bars and rounds. The few cent per oz difference in 10 oz bars doesn't offset how hard it may be to offload it later.

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Originally Posted by Great-Kazoo

1 10oz bar is hard to barter, or buy, with vs. coin.

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Originally Posted by Dave

Stick with 1 or 2 oz bars and rounds. The few cent per oz difference in 10 oz bars doesn't offset how hard it may be to offload it later.

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Agreed. Smaller denominations are easier to use, that is why "junk" silver is so popular.

10 and 100 oz bars would be handy if you were buying a motorcycle, car, or something like that.

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Originally Posted by roberth

Agreed. Smaller denominations are easier to use, that is why "junk" silver is so popular.

10 and 100 oz bars would be handy if you were buying a motorcycle, car, or something like that.

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Or bribing a newly appointed regional .gov official ;)

Yep. While at various times I have had 10oz and higher bars, I tend to stick with 5oz and smaller ingots and rounds. I even have 1/20th oz ingots that are half the size of my smallest finger nail, 1/10th oz dime size rounds, half oz, etc... it never hurts to have "change" at least when it comes to money/tender hahahaha. I know in some cases these small denominations had a somewhat large premium on them, but hey, they'd equate to a meal for one person if nothing else :)

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Originally Posted by Great-Kazoo

Or bribing a newly appointed regional .gov official ;)

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Just make sure they believe you have access to more and no you aren't going to tell them where it all is, so they don't take it and put you in the "reeducation camp" with all the rest of the peasants.


So what you all are saying is that it probably is at a low that we will not see for a while?

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Originally Posted by Great-Kazoo

Or bribing a newly appointed regional .gov official ;)

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They only accept gold kilo bar last I checked...

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Originally Posted by ChunkyMonkey

They only accept gold kilo bar last I checked...

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You're approaching them wrong.