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STONE

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    United States

Reputation Activity

  1. Like
    STONE got a reaction from Jonesy67 in Bars Photo Thread...   
    Saw this and just had to have it. It is one of the most beautiful bars I have seen...
     

  2. Like
    STONE got a reaction from richatthecroft in Bars Photo Thread...   
    Saw this and just had to have it. It is one of the most beautiful bars I have seen...
     

  3. Like
    STONE got a reaction from Shergar in Bars Photo Thread...   
    Saw this and just had to have it. It is one of the most beautiful bars I have seen...
     

  4. Like
    STONE got a reaction from motorbikez in Bars Photo Thread...   
    Saw this and just had to have it. It is one of the most beautiful bars I have seen...
     

  5. Thanks
    STONE got a reaction from Serendipity in If you could only stack one gold and/or silver coin   
    I do love the Brittanias but if I could only pick one it would be the ASE. It represents liberty and freedom for those of us in the states. Its iconic and a classic that has held up for a long time...
  6. Like
    STONE got a reaction from ChrisG in Bars Photo Thread...   
    Saw this and just had to have it. It is one of the most beautiful bars I have seen...
     

  7. Like
    STONE got a reaction from Abyss in Bars Photo Thread...   
    Saw this and just had to have it. It is one of the most beautiful bars I have seen...
     

  8. Like
    STONE got a reaction from JunkBond in Bars Photo Thread...   
    Saw this and just had to have it. It is one of the most beautiful bars I have seen...
     

  9. Like
    STONE got a reaction from SILVERFINGER in Bars Photo Thread...   
    Saw this and just had to have it. It is one of the most beautiful bars I have seen...
     

  10. Haha
    STONE reacted to Norskgeld in A L I E N   
    Bet NGC struggle to get that sucker in a slab!!!🤓
  11. Like
    STONE got a reaction from NorthEast in A L I E N   
    $75.00 an ounce for something that ultimetly gets put up in a box for storage with the rest of the silver and ultimetly is only worth $15.00 an ounce. At $160.00 I could get a 10 ounce bar. These novelty items are just that, an overpriced novelty item with a marketing hype campaign used to convince folks its something special. Sure, its a nice coin but in the long run its just a dust collector...
  12. Like
    STONE got a reaction from HighlandTiger in A L I E N   
    $75.00 an ounce for something that ultimetly gets put up in a box for storage with the rest of the silver and ultimetly is only worth $15.00 an ounce. At $160.00 I could get a 10 ounce bar. These novelty items are just that, an overpriced novelty item with a marketing hype campaign used to convince folks its something special. Sure, its a nice coin but in the long run its just a dust collector...
  13. Like
    STONE got a reaction from Fish827 in Newbie Question on silver weight and stacking   
    Illinois?  Ha, I grew up in Chicago. Since your in the states I would reccomend 10oz. and 100oz. bars. They are easy to liquidate and easy to stack. The premium bars like Johnson Matthey and Engalhard are selling for the same price as the others and may get you better resale value.
    https://sdbullion.com/100-oz-johnson-matthey-silver-bar
    Find some 10oz. bars as well that you like and go with those. SD Bullion, and JM Bullion usually have the best prices. Take a look at Golden State Mint, Scottsdale mint, Apmex, Monarch precious metals and Golden eagle coins as well. Shop around to find the best prices and buy on the dips. Sign up for email alerts on all of those sites so you know when they are having sales. Most places have new deals every Monday morning. If you want coins you cant go wrong with American silver eagles. Generic rounds are usually over priced at point of sale and wont return well when selling, I avoid those. You mentioned making boxes for the hoard, I would line it with Pacific silver cloth to prevent milk spotting and tarnish. Silver gets heavy real fast and after a certain point storage becomes an issue. https://silverguard.com/pages/pacific-silvercloth-faqs
  14. Like
    STONE got a reaction from goldmember44 in Proof coins for investment - worth it?   
    Proof coins are a higher risk in general. Knowing what is and isn't going to be a winner takes research and a gamble. On some of them it is better to have the highest grade possible in hand like a NGC PF70 UCAM or PCGS PF DCAM. Actual mintage numbers is only part of the equation because if nobody wants them after the fact it wont matter if they only made 100 of them. Generally speaking the ones from govt. mints seem to do better. Look at the 2014 Britannia proof! The actual design is another one to try and pick right when they are first released. All in all there ends up more that are duds than are winners.
  15. Thanks
    STONE got a reaction from BakedLiger in How Low   
    Yes, its cheap now and premiums are down, perfect time to buy. I have been doing this for a while and have made mistakes along the way, without going into all of that and all of the whys and whats I will just give you the meat and potatoes. It says NY on your profile so I will assume you are in the states. Lets just assume you have 50K to work with, if its less or more it still applys. A few things first, PM's go up and down. Violently sometimes, if you are getting into them you CANNOT worry about the price compared to the dollar. If you are preparred to purchase them, put it away in a safe place and forget about it, then read on. Second: In life things change, dont buy so much PM's that one day you may have to cash out at a loss. Leave yourself a financial out by always having a reserve of cash for when $hit happens, because it will. So at a cash flow positive of 50K, this is what I would do, and it is what I do. 2 monster boxes of silver american eagles: $17,300.00   https://sdbullion.com/2019-american-silver-eagle-monster-box-500-1-oz-coins
    ASE's will get you a better return if and when you need to sell on a massive price rise. Usually $1-$3 per ounce over spot at liquidity. The buy sell spread is better if the price is still rising when you sell.
    Premium bars like Johnson Mattey and Engalhard are selling for the same price as generic bars, capitalize on this. 10- 100oz. JM bars, $15,500.00
    https://sdbullion.com/100-oz-johnson-matthey-silver-bar
    Silver is the better buy right now but its still good to have some gold in there too. American gold eagles 8-1oz. coins $10,600.00  Random years are fine but make sure it says BU, brillant uncirculated. Which means its new, old stock. https://sdbullion.com/1-oz-gold-american-eagle-coin-random-dates#
    That puts you at 44K and leaves you 6K cash for when $hit happens. Always leave yourself an out, depend on no one.
     
    Dont mess around with generic rounds, fractional coins or silver bars smaller than 10oz. Specialty coins, colorized coins, proof coins, etc,etc, You will never get your money back or the price of PM's has to rise well past the point of already seen great profits to break even on those. Those are for the collectors. Keep it simple and stick to what will net you or your kids a better return someday. ASE's, GAE's, 10-100 oz. bars are the way to go. If there eventually is a massive price rise, dont sell it all. Sell only enough to match the dollar amount you originally put in and whats left is pure profit.
    The more you buy now at a lower price will allow you to keep a low CPOA, cost per ouce average if the price does start to rise. Nobody knows whether it will go up or down tomorrow so go into this with ZERO EXPECTATIONS and you will fare well...
    If I was wrong and you are not in the states, the logic and advice is still the same. You would just swap out ASE's and AGE's for what is better in your country...
    Get a strong rare earth magnet, a good quality scale and one of those Sigma Analytic testers. Leran how to test your PM's for authenticity. ALWAYS,ALWAYS, ALWAYS, ONLY BUY FROM A WELL KNOWN REPUTABLE DEALER!!  Educate yourself on PM's, do alot of research, ask alot of questions. Heres a good investing guide: https://www.jmbullion.com/investing-guide/
    Edit  
  16. Like
    STONE got a reaction from Derv in How Low   
    Yes, its cheap now and premiums are down, perfect time to buy. I have been doing this for a while and have made mistakes along the way, without going into all of that and all of the whys and whats I will just give you the meat and potatoes. It says NY on your profile so I will assume you are in the states. Lets just assume you have 50K to work with, if its less or more it still applys. A few things first, PM's go up and down. Violently sometimes, if you are getting into them you CANNOT worry about the price compared to the dollar. If you are preparred to purchase them, put it away in a safe place and forget about it, then read on. Second: In life things change, dont buy so much PM's that one day you may have to cash out at a loss. Leave yourself a financial out by always having a reserve of cash for when $hit happens, because it will. So at a cash flow positive of 50K, this is what I would do, and it is what I do. 2 monster boxes of silver american eagles: $17,300.00   https://sdbullion.com/2019-american-silver-eagle-monster-box-500-1-oz-coins
    ASE's will get you a better return if and when you need to sell on a massive price rise. Usually $1-$3 per ounce over spot at liquidity. The buy sell spread is better if the price is still rising when you sell.
    Premium bars like Johnson Mattey and Engalhard are selling for the same price as generic bars, capitalize on this. 10- 100oz. JM bars, $15,500.00
    https://sdbullion.com/100-oz-johnson-matthey-silver-bar
    Silver is the better buy right now but its still good to have some gold in there too. American gold eagles 8-1oz. coins $10,600.00  Random years are fine but make sure it says BU, brillant uncirculated. Which means its new, old stock. https://sdbullion.com/1-oz-gold-american-eagle-coin-random-dates#
    That puts you at 44K and leaves you 6K cash for when $hit happens. Always leave yourself an out, depend on no one.
     
    Dont mess around with generic rounds, fractional coins or silver bars smaller than 10oz. Specialty coins, colorized coins, proof coins, etc,etc, You will never get your money back or the price of PM's has to rise well past the point of already seen great profits to break even on those. Those are for the collectors. Keep it simple and stick to what will net you or your kids a better return someday. ASE's, GAE's, 10-100 oz. bars are the way to go. If there eventually is a massive price rise, dont sell it all. Sell only enough to match the dollar amount you originally put in and whats left is pure profit.
    The more you buy now at a lower price will allow you to keep a low CPOA, cost per ouce average if the price does start to rise. Nobody knows whether it will go up or down tomorrow so go into this with ZERO EXPECTATIONS and you will fare well...
    If I was wrong and you are not in the states, the logic and advice is still the same. You would just swap out ASE's and AGE's for what is better in your country...
    Get a strong rare earth magnet, a good quality scale and one of those Sigma Analytic testers. Leran how to test your PM's for authenticity. ALWAYS,ALWAYS, ALWAYS, ONLY BUY FROM A WELL KNOWN REPUTABLE DEALER!!  Educate yourself on PM's, do alot of research, ask alot of questions. Heres a good investing guide: https://www.jmbullion.com/investing-guide/
    Edit  
  17. Like
    STONE got a reaction from Derv in Why do you buy silver?   
    Silver and gold ARE money, paper fiat is debt based and is currently worthless. I pay myself in silver at the end of the week. I will continue to do so as long as they will take a worthless piece of paper in trade for real money! Fractional reserve lending is a scam, period. Be your own bank. Banks are middlemen who are in the buisness of taking your money in any way they can. PM's are a store of wealth...
  18. Thanks
    STONE reacted to ilovesilverireallydo in Do you think gold price will dip during summer?   
    I am 100% sure it’s either going to go up or go down 
  19. Thanks
    STONE reacted to TonyS in Britannia rules the waves   
    Shouldn’t it be Britannia waves the rules?
  20. Like
    STONE got a reaction from AgCoyote in There is NO silver shortage - Stop the myth - WHY are you still stacking silver ???   
    Or, maybe he sells PM's because he believes it will increase in price. Just because someone sells a product doesn't mean what they are saying isn't true. Sure he plugs his business sometimes at the end of his videos. As a contractor I do the same thing, every time I shake a hand I give out a business card. Does that make my knowledge of carpentry null and void?  As a master carpenter I think not. He doesn't make a whole lot on PM sales. The margins are small...
  21. Like
    STONE got a reaction from FoolzGold in There is NO silver shortage - Stop the myth - WHY are you still stacking silver ???   
    "Why are you still stacking silver if there is an abundance of it?"
    So your assumption is that the people here are stacking silver because they believe there is not an abundance of it.  Silver IS money and it IS a store of wealth, always has been and always will be. For some its a hobby, for some its a store of wealth to protect what they have worked for since the value of silver and gold is intrinsic.
    That video is full of logical fallacies including, but not limited to:
    Appeal to probability
    Argument from fallacy
    Existential Fallacy
     
    By trying to prove Ted Butler wrong does not prove a counter point. Over the last 16 years there has been a deficit of silver in what was mined compared to the actual demand. The silver institutes charts clearly shows that. In turn, a yearly deficit will deplete above ground reserves year over year eventually leading to a shortage based on demand. Mines are breaking even at the current silver prices, future exploration is halted because of a lack of profits. For the most part mining for silver is price insensitive since it is a bye product of lead, zinc and copper mining. If there is such an abundance of silver in the ground(which in itself is a claim that it can easily be mined and put into above ground reserves) why do we have a mining deficit year after year? Based on the claims in the video above ground supply should far outweigh demand since there is such an abundance in the ground. Some of the research I have been reading is showing that the actual silver content of the ore is decreasing which in turn means the same amount of mining costs for less silver.
    Like Sixgun said, NOBODY knows how much silver is still in the earth except for GOD himself. Test drilling only gives an idea of content in a particular area.
    Don't base your research conclusions off of YouTube videos. There are nuggets of truth in some youtube videos but you have to chew up the meat and spit out the bones so to speak. Folks that end up on the far end of the spectrum on any matter are usually wrong showing that they have an internal hidden agenda.
  22. Like
    STONE got a reaction from sixgun in There is NO silver shortage - Stop the myth - WHY are you still stacking silver ???   
    "Why are you still stacking silver if there is an abundance of it?"
    So your assumption is that the people here are stacking silver because they believe there is not an abundance of it.  Silver IS money and it IS a store of wealth, always has been and always will be. For some its a hobby, for some its a store of wealth to protect what they have worked for since the value of silver and gold is intrinsic.
    That video is full of logical fallacies including, but not limited to:
    Appeal to probability
    Argument from fallacy
    Existential Fallacy
     
    By trying to prove Ted Butler wrong does not prove a counter point. Over the last 16 years there has been a deficit of silver in what was mined compared to the actual demand. The silver institutes charts clearly shows that. In turn, a yearly deficit will deplete above ground reserves year over year eventually leading to a shortage based on demand. Mines are breaking even at the current silver prices, future exploration is halted because of a lack of profits. For the most part mining for silver is price insensitive since it is a bye product of lead, zinc and copper mining. If there is such an abundance of silver in the ground(which in itself is a claim that it can easily be mined and put into above ground reserves) why do we have a mining deficit year after year? Based on the claims in the video above ground supply should far outweigh demand since there is such an abundance in the ground. Some of the research I have been reading is showing that the actual silver content of the ore is decreasing which in turn means the same amount of mining costs for less silver.
    Like Sixgun said, NOBODY knows how much silver is still in the earth except for GOD himself. Test drilling only gives an idea of content in a particular area.
    Don't base your research conclusions off of YouTube videos. There are nuggets of truth in some youtube videos but you have to chew up the meat and spit out the bones so to speak. Folks that end up on the far end of the spectrum on any matter are usually wrong showing that they have an internal hidden agenda.
  23. Like
    STONE got a reaction from Goldhooked in Silver price about to plummet   
    Exactly!!!   Its just that some people cant admit it. All the charts and hoopla doesn't mean squat in a manipulated market. Like the guy who started this thread. "Silver price about to plummet"   Notice he never said when. I suppose his statement can run until it actually does. Then they say "see, I told you so."
    Its a 50/50 shot in either direction. Buy on the dips, stack it, stash it and forget about it. How about from now on that if someone makes a projection that there is a time limit of two weeks. That way we know who is full of $%*!
  24. Like
    STONE got a reaction from Thesilverguy in My First time doing hand poured silver   
    Looks good!  Did you make the mold yourself?
  25. Like
    STONE got a reaction from Cking83 in 'Photo Only Topics' Discussion Thread   
    Those cast Kilos are my unicorn. Impossible to find in the states. Beautiful bars!!