• Welcome to New Hampshire Underground.
 

News:

Please log in on the special "login" page, not on any of these normal pages. Thank you, The Procrastinating Management

"Let them march all they want, as long as they pay their taxes."  --Alexander Haig

Main Menu

Silver

Started by DC, March 21, 2006, 05:19 PM NHFT

Previous topic - Next topic

TackleTheWorld


maineiac

Quote from: error on December 28, 2006, 08:31 AM NHFT
I love silver. I can't get enough of it.

Dude, careful! :-X

It's the love of money that's the root of all evil!

Note to purewater--Why spend your silver? Save your gorram silver and spend frn's! You'll save a fortune in dealer margins alone!

purewater4u.com

Quote from: maineiac on December 28, 2006, 10:21 AM NHFT
Note to purewater--Why spend your silver? Save your gorram silver and spend frn's! You'll save a fortune in dealer margins alone!

What dealer margins? We get paid in silver 'dollars', the company buys back the silver 'dollars' with FRN's. Still don't see the benefit?

David

In times of high inflation silver would make an excellent currency.  The problem is liquidity, not too many places take them.  That can only be remedied by people making a concious decision to use them as a currency.  About the same way credit cards, which are not 'legal tender', became almost universal. 

Raineyrocks

Quote from: Pat McCotter on December 16, 2006, 05:48 AM NHFT
Quote from: Russell Kanning on December 13, 2006, 02:37 AM NHFT
Quote from: Pat McCotter on December 07, 2006, 08:22 PM NHFT
Past tense is "Silver fell."

"Silver has fallen" is present perfect simple tense.

:-X
I will have killed Pat by the time you have read this sentence.

Five Injured When Ouija Planchette Leaps From Board in Search of Semicolon

By Bob Michael December 13, 2006

LEXINGTON, Conn.--Five people were injured last week when a planchette--the device which points to letters and numbers on Ouija Boards--flew violently out of a house in search of a semicolon.
The planchette went rogue when Kelly Smerton, eleven, and her sister Karen, twelve, inadvertently channelled the spirit of a deceased English teacher.

"Apparently he was a pretty mean one," said Deborah Smerton, the girls' mother.

At the end of an independent clause condemning the Smerton house as a "den of ignoramuses," the ghost suddenly flung the planchette out of the girl's hands, shattering the bay window of their bedroom.

The planchette led police on a high-speed chase along the interstate, and jeered at its pursuers with the letters and numbers of other motorists' license plates.

The grammatical spree finally ended on an open page of Weekly World News on a coffee shop table; there, the planchette found a semicolon and finished its sentence.

"Nobody saw the final clause, though," said Douglas Renning, an eyewitness at the shop. Patrons were too busy helping the magazine's reader, who was treated for third degree burns after the planchette toppled her latte.

Kelly and Karen, who have discarded their Ouija board, fear the return of the ghost and his violent tirades against misspellings and split infinitives.

"In the meantime, though, their English grades have been fantastic," their mother said.


:laughing4:

Raineyrocks

So then would silver be an okay thing to buy now if one couldn't afford gold?  Are pre-1964 dimes a wise purchase?

maineiac

Quote from: purewater4u.com on December 29, 2006, 12:59 AM NHFT
Quote from: maineiac on December 28, 2006, 10:21 AM NHFT
Note to purewater--Why spend your silver? Save your gorram silver and spend frn's! You'll save a fortune in dealer margins alone!

What dealer margins? We get paid in silver 'dollars', the company buys back the silver 'dollars' with FRN's. Still don't see the benefit?

No, I guess I don't understand your company's rationale here. Why would they "pay" you in silver and then turn around and "buy" back the silver for frn's?

In any case, someone pays the margins, likely you.

I should add this to my sigline: "Save real money, spend frn's!"

maineiac

Quote from: raineyrocks on December 29, 2006, 06:51 AM NHFT
So then would silver be an okay thing to buy now if one couldn't afford gold?  Are pre-1964 dimes a wise purchase?


rocks,

Pre 1965 coins are a good way to hold silver--the purity(90%) and weight universally accepted and understood.

The trick is to accumulate your silver as any good shopper would--by not overpaying! Most dealers are probably just trying to make an honest living by charging a fair margin for their products, however, there are bound to be unscrupulous predators looking to make a killing from unwary buyers.

There are probably people paying as little as 1% to 2% over the actual market price of the silver they are buying, and many are probably paying margins in the 5% range, which could be still be considered as fair. Any margins stretching above and beyond that threshold are too high in my estimation, and the buyer should in these cases seek another seller.

Hope this helps!

Michael Fisher

Quote from: Michael Fisher on November 27, 2006, 09:06 AM NHFT
The dollar is continuing its plummet. It's down another 9% this year. The market is in a huge bubble, IMO, and needs to lose a few thousand, pronto.

All five overseas mutual funds I've been watching have gone up 12-17%+ in only the past four months:

China:
FHKCX (up 14.02%)
TCWAX (up 17.19%)

Latin America:
FLATX (up 14.21%)

Southeast Asia Ex-Japan:
FSEAX (up 16.94%)

BRIC: (Brazil, Russia, India, China)
GBRAX (up 13.92%)

China:
FHKCX (up 15.54%)
TCWAX (up 26.03%)

Latin America:
FLATX (up 18.23%)

Southeast Asia Ex-Japan:
FSEAX (up 17.28%)

BRIC: (Brazil, Russia, India, China)
GBRAX (up 22.97%)

:o

Spencer

You can buy what they call "junk" silver coins made pre-1965 (90% silver) in bags based on face value.  Today's prices for such bags at this website are:

US90% Silver Coins $10 Face (pre1965) (7.15 oz.) $94.06
US90% Silver Coins $100 Face (pre1965) (71.50 oz.) $930.56
US90% Silver Coins $1,000 Face (pre1965) (715.00 oz.) $9,260.58
US90% Silver Coins - $100 Mercury Dimes (71.50 oz.) $970.56
US90% Silver Coins $100 Halves (pre1965) (71.50 oz.) $950.56
US90% Silver Coins - $100 Walking Liberty Halves (71.50 oz.) $975.56
US90% Silver Coins - $10 Mercury Dimes (7.15 oz.) $97.56

purewater4u.com

Quote from: maineiac on December 29, 2006, 08:19 AM NHFT
Quote from: purewater4u.com on December 29, 2006, 12:59 AM NHFT
Quote from: maineiac on December 28, 2006, 10:21 AM NHFT
Note to purewater--Why spend your silver? Save your gorram silver and spend frn's! You'll save a fortune in dealer margins alone!

What dealer margins? We get paid in silver 'dollars', the company buys back the silver 'dollars' with FRN's. Still don't see the benefit?

No, I guess I don't understand your company's rationale here. Why would they "pay" you in silver and then turn around and "buy" back the silver for frn's?

In any case, someone pays the margins, likely you.

I should add this to my sigline: "Save real money, spend frn's!"

Read my post here and I think you'll understand better http://forum.soulawakenings.com/index.php?topic=6467.msg112137#msg112137

Michael Fisher

Quote from: Michael Fisher on December 29, 2006, 10:26 AM NHFT
Quote from: Michael Fisher on November 27, 2006, 09:06 AM NHFT
The dollar is continuing its plummet. It's down another 9% this year. The market is in a huge bubble, IMO, and needs to lose a few thousand, pronto.

All five overseas mutual funds I've been watching have gone up 12-17%+ in only the past four months:

China:
FHKCX (up 14.02%)
TCWAX (up 17.19%)

Latin America:
FLATX (up 14.21%)

Southeast Asia Ex-Japan:
FSEAX (up 16.94%)

BRIC: (Brazil, Russia, India, China)
GBRAX (up 13.92%)

China:
FHKCX (up 15.54%)
TCWAX (up 26.03%)

Latin America:
FLATX (up 18.23%)

Southeast Asia Ex-Japan:
FSEAX (up 17.28%)

BRIC: (Brazil, Russia, India, China)
GBRAX (up 22.97%)

:o

In one year:

FHKCX: Up 44.29%

TCWAX: Up 58.89%

FLATX: Up 58.55%

FSEAX: Up 54.98%

GBRAX: Up 56.42%

Just FYI.  ;D

Henry

What are some good gold and silver coin shops in NH? I haven't seen any yet.

SpeedPhreak

Quote from: Michael Fisher on July 13, 2007, 05:20 PM NHFT
In one year:

FHKCX: Up 44.29%

TCWAX: Up 58.89%

FLATX: Up 58.55%

FSEAX: Up 54.98%

GBRAX: Up 56.42%

Just FYI.  ;D


In you opinion - do you see this type of growth to continue - the trend will continue?  why?  are you just watching or are you "participating"?

penguins4me

#89
I'm no economist, but I'm quite certain that at least some of that tremendous "growth" is due in large part to the US dollar/FRN's value dropping like a rock. The Dollar Index, last I'd checked, was a hair over 80 (80.39?), which means that the US dollar is trading at, IIRC, ~80% against the other major fiat currencies in the Index (Swiss, British, Japanese, other currencies).

-edit
Here's a link with a brief description of the US Dollar Index.