Any Investors?

[slaterd]

Word of advice though. If you have a large chunk of change to spend, stay away from larger bars 20oz-100oz. They're very difficult to sell. I would stay at 10oz and below but you can test the waters and how you feel with the 20oz. Unless if you have a connection with large precious metal traders that you can get a better selling price with, the 100oz is a killer among small traders. It's cool to make you safe look like this but if you can't sell it then you're losing time and money.

[VinniE30]

Do you guys consider the real estate buy and hold (rent out) strategy an investment? Investment usually implies that it's passive, and real estate can be a lot of work depending. So it can be more or less a business than an investment.

[RainMan]

You guys like to buy silver, but why not invest in the underlying mining companies? Sure, a lot are microcaps, but there is money to be made on the volatility alone, along with the capital gains.

[slaterd]

I do. I currently hold 21 shares with Silver Wheaton which is the MEGA DOG of the precious metal mining industry. Pretty much whatever their stock prices hold then that's going to reflect the prices of precious metals. I make money twice or lose money twice ha.

And yes real estate, from what I've researched, is probably one of the best investments someone can make. At the end of next year, if my capital income from trading stays consistent, I'm going to put that into buying a house. So yes, real estate, renting, remodeling, is definitely an investment and a wise one at that.

[einstein57]

German Engineering is a good investment. I pay a steady 10% return to my investors even when i loose money ;)

[slaterd]

German Engineering is a good investment. I pay a steady 10% return to my investors even when i loose money ;)

More info? Is this stock exchange? Physical product? If stock exchange what's the abbrev. for it?

[Q5Quint]

Every now and then I get somebody coming to me wanting somebody 'who cares' to take care of their old pos and not scrap it. For scrap price.

Investment wise if I did scrap it I get my $$ back so there is little risk. If I can sit on it and wait for the right buyer I have a chance to double my money.

Trade a $400 handgun for shitty truck. Add waterpump and clutch cylinder to truck ($60). Drink a few cases of beer ($40). Sell truck for $1000 + a belt buckle and make $500. Wahoo.

Silver looks like it was 15c at the end of 08, shot up to 45cents around march 11, and is now slowing working its way down at 30ish cents. It was 5 cents in 2003.... do you think it will go that low again... because paying 30cents for it sounds odd.

I've never really had the money to invest in anything 'real'~ just blow it all on cars so far.... but now that I have a real job maybe that will change. We did manage a house and renting it out has been.... interesting.

[slaterd]

Every now and then I get somebody coming to me wanting somebody 'who cares' to take care of their old pos and not scrap it. For scrap price.

Investment wise if I did scrap it I get my $$ back so there is little risk. If I can sit on it and wait for the right buyer I have a chance to double my money.

Trade a $400 handgun for shitty truck. Add waterpump and clutch cylinder to truck ($60). Drink a few cases of beer ($40). Sell truck for $1000 + a belt buckle and make $500. Wahoo.

Silver looks like it was 15c at the end of 08, shot up to 45cents around march 11, and is now slowing working its way down at 30ish cents. It was 5 cents in 2003.... do you think it will go that low again... because paying 30cents for it sounds odd.

I've never really had the money to invest in anything 'real'~ just blow it all on cars so far.... but now that I have a real job maybe that will change. We did manage a house and renting it out has been.... interesting.

Oh no. What you see is in whole dollars. As of today at 5:34 Eastern time on 12/28/2012 silver closed out at $30.03 per oz. which is $0.23 down from yesterday. It's kinda hovering around mid $29-30 at the current moment. I really don't ever see silver getting that low again,, as a matter of fact I don't see it going sub $26 again unless if Silver Wheaton finds an extremely LARGE silver vein. Considering the maturity of the precious metal market and considering China has now allowed precious metal trading in its borders, I think it will dip down at the beginning of 2013. But by spring-summer it will shoot up to either high $30's-low $40 an oz.
From what I've read once the market opened up in China, large traders were buying silver by $millions per "shipment". This is going to put a decent strain on the mining/trading market for demand.

[uofom3]

Silver/Gold is always good. Don't have any myself, but am interested in buying in at some point

Buy an ETF if you're going that route - investments things that have little to no utility and don't pay you anything to hold them aren't my cup of tea.

[uofom3]

You guys like to buy silver, but why not invest in the underlying mining companies? Sure, a lot are microcaps, but there is money to be made on the volatility alone, along with the capital gains.

Sure - extraction is great but think about this in terms of the economic cycle.

Global growth is likely not going to take off in the near future, so I would think cyclicals (materials/energy/etc.) are going to rip like they did a few years back. So the time may not be the best.

I'd look at things like the macro global picture, fund flows, and style decisions right now. The market has been a meat grinder this year but staying benchmark like in those times tends to work well.

[uofom3]

More info? Is this stock exchange? Physical product? If stock exchange what's the abbrev. for it?

He's fucking with you

[uofom3]

Word of advice though. If you have a large chunk of change to spend, stay away from larger bars 20oz-100oz. They're very difficult to sell. I would stay at 10oz and below but you can test the waters and how you feel with the 20oz. Unless if you have a connection with large precious metal traders that you can get a better selling price with, the 100oz is a killer among small traders. It's cool to make you safe look like this but if you can't sell it then you're losing time and money.

Again - why I would use an ETF. Unless you're prepping for doomsday, I would get the exposure somewhere that has relatively infinite liquidity (the market).

[slaterd]

SILVER IS EXTREMELY HOT RIGHT NOW GUYS! I'm assuming everyone is panicking about the looming fiscal cliff possibility and people are buying silver and precious metals off of ebay about 15-20% above VENDOR PRICING. Buy some and spin it on ebay and make some quick dollars everyone.

Scottsdale right now: 5oz bar for $163
Ebay: selling for 185-190 on average.