Long Position on Silver and Gold?

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Originally Posted by hollohas

Continuing the off topic portion of the discussion...I used to fly every week. I was out of state 120 days in 2012. A VERY big reason I switched jobs to a local job last year was because I didn't feel comfortable being away from home any more due to the current geopolitical climate. Being stranded in another state due to some major "event" wasn't a risk I didn't want to take any longer.

On topic, I can't believe silver is still down. Everyone should take advantage of the current "sale". I prefer to buy local for cash. I pay a bit more over spot (a little less than $1 more for Eagles) than the online dealers like JM, but I don't want any transaction record. I consider that extra dollar an extra level of insurance to stay anonymous.

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PWT's that way ^^ pal.

Agree 110% Our CC's get used on travel . Maybe the occasional brownells purchase, that's it.

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Originally Posted by hollohas

I prefer to buy local for cash. I pay a bit more over spot (a little less than $1 more for Eagles) than the online dealers like JM, but I don't want any transaction record. I consider that extra dollar an extra level of insurance to stay anonymous.

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Agree 100%.

I understand the concern and worries over the online transactions. But the way I look at it, I've completed quite a few Form 4473s, so they will be kicking my door in first in my hood anyway. (I'll be gone by then, hopefully) Also, just the fact that anybody has posted in this thread means that it's likely NSA has assigned a precious metals metatag to their "file". Oh, you stopped at a coin shop with your cell phone on? And you did that how many times? It's all recorded in your digital fingerprint.

They will be going after the big holders of precious metals first. There are MANY people that routinely buy in amounts >>$10K and have to report to the IRS. Those people will get their doors kicked in first in the event of confiscation. That will give others time to hide what they have. In any event, successful confiscation is unlikely. There is just far too much out there and too few people to collect. There will be some dopes that turn it over like the CT gun registration. But that's where it will die, if it ever happens.

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Originally Posted by bogie

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Also, just the fact that anybody has posted in this thread means that it's likely NSA has assigned a precious metals metatag to their "file". Oh, you stopped at a coin shop with your cell phone on? And you did that how many times? It's all recorded in your digital fingerprint.
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Bbb...bbbuttt, it is illegal to conduct surveillance on US Citizens without a warrant. I know I take 3+ CBTs a year about it. LOL [dig]

[tinhat]

Great quote from this article:

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“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves”

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http://kingworldnews.com/kingworldne...Read_This.html

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Originally Posted by rbeau30

Bbb...bbbuttt, it is illegal to conduct surveillance on US Citizens without a warrant. I know I take 3+ CBTs a year about it. LOL [dig]

[tinhat]

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Did I hit one of your triggers, LOL?

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Originally Posted by sellersm

Great quote from this article:



http://kingworldnews.com/kingworldne...Read_This.html

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Excellent quote. New sig line?

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Originally Posted by bogie

Excellent quote. New sig line?

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Yep!

So, who are the serious silver buyers here? I ask because I have about 300 pounds, yes POUNDS, of silver that I may need to be getting rid of. Where would be a good place to sell that much? I don't want to mess around with a little here, a little there.

Whoof. While i'd like to buy a little silver, $90K worth is a bit more cash than I have on hand. By "a bit", I mean it like Mel Brooks is a bit funnier than Michael Moore ...

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Originally Posted by blackford76

So, who are the serious silver buyers here? I ask because I have about 300 pounds, yes POUNDS, of silver that I may need to be getting rid of. Where would be a good place to sell that much? I don't want to mess around with a little here, a little there.

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Holy schnikies! I bet any shop in town would love to get their hands on it. I can barely afford to buy a few ounces each month, let alone a few hundred pounds! Good luck.