1. Attention: We have put together a thread with tips and a tutorial video to help with using the new software. Please take a moment to check out the thread here: Trapshooters.com Tutorial & Help Video.
    Dismiss Notice

Purchasing silver???

Discussion in 'Off Topic Threads' started by toad67, Apr 13, 2010.

Thread Status:
Not open for further replies.
  1. toad67

    toad67 Member

    Joined:
    Mar 14, 2010
    Messages:
    106
    Looking at purchasing some silver coins thru goldline, any advice on this?? Have never purchased precious metals before and thought that I might dabble in it a little. Any thoughts?? Thanks.

    Todd
     
  2. BigM-Perazzi

    BigM-Perazzi Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    8,542
    Location:
    HELL, MICHIGAN
    Buy low, Sell high....

    unfortunately, a bit late for that...
     
  3. oldgahchamp

    oldgahchamp Active Member

    Joined:
    Jan 29, 1998
    Messages:
    1,263
    Todd, I would find a reputable coin dealer in your area who deals in bulk silver coins. If you're going to invest thousands of dollars you can buy bag lots of silver coins. Larry Evans
     
  4. EuroJoe

    EuroJoe TS Supporters TS Supporters

    Joined:
    May 3, 2008
    Messages:
    3,354
    Location:
    Rockford,IL
    Don't worry about the Hunt Bros. They took delivery of 75 million ounces of physical silver, loading it on airplanes at night , surrounded by armed guards.
    They tried a "short squeeze" and it worked 'too. The problem was that the short sellers were the board of the Comex, & they raised the margins to 100%
     
  5. spitter

    spitter Well-Known Member TS Supporters

    Joined:
    Jan 29, 1998
    Messages:
    4,348
    Location:
    Prairie State
    If you're buying from your retirement plan (self-directed IRA), its got to be bullion or American Eagles... fyi, call around for authorized dealer or possible private party willing to "cash" out...

    Jay
     
Thread Status:
Not open for further replies.