Silver! Who Is On This Train?

Where the hell do I buy silver lol.

Do you invest because of the chances that the dollar will fail? And if that happens, who's to say I could buy food or gas etc. with silver? Sorry, I'd like to be prepared for the worst, but I just have no idea where to start.

trading in gold, silver, ect. is only profitable if you have the ability to invest a large amount of money into it and have someone who knows a significant amount about the market and where it's going to go. It's pretty useless for avg joe. Most people will see more profits from penny trades or putting your money in the hands of a large investment group. I've personally had constant gains every year from my investments and I've never had to do a thing. Just put in money when ever I have a couple bucks sitting around and check the account every few weeks to see how much I've made. The worst my account has ever done was a 1.2% gain back in '03 and it's been up and up since then. Posted 29.4% gains last year.

Originally Posted by DelSlow

Where the hell do I buy silver lol.

Do you invest because of the chances that the dollar will fail? And if that happens, who's to say I could buy food or gas etc. with silver? Sorry, I'd like to be prepared for the worst, but I just have no idea where to start.

Two years of non-perishable food storage. At least three weeks of stored water (with a drop per gallon of chlorox (for preservation). Survival gear: hand-wind charge radio, wool clothing/blankets (wool can maintain heat even when soaking wet), basic medical supplies, flashlights, batteries, camping gear, coleman stove or equivalent equipment, etc.

Everyone should be doing this. It's only going to get worse folks. It's time to start preparing. There is a big Depression on the horizon. We have only seen the tip of the financial crisis iceberg. We're going into a second dip and then the bottom is going to drop out.

Originally Posted by Carne Seca

Two years of non-perishable food storage. At least three weeks of stored water (with a drop per gallon of chlorox (for preservation). Survival gear: hand-wind charge radio, wool clothing/blankets (wool can maintain heat even when soaking wet), basic medical supplies, flashlights, batteries, camping gear, coleman stove or equivalent equipment, etc.

Everyone should be doing this. It's only going to get worse folks. It's time to start preparing. There is a big Depression on the horizon. We have only seen the tip of the financial crisis iceberg. We're going into a second dip and then the bottom is going to drop out.

Most major corporations and even small business (in my area at least) are all starting to hire again, I fail to see your logic behind this new depression. Home Depot is hiring like 23,000 seasonal workers, Kmart and Walmart both just announced plans to hire thousands, Kraft is expanding, AMD and Intel are both expanding operations within the US.

The only markets still hurting are those being kept alive by union workers because unions ask for ridiculous wages and cant afford to operate any more. The only thing I see happening in the near future is the death of unions.

I'm on the train...not heavily invested, but have a few hundred bucks in silver bullion that I bought in.....november I wanna say? Bought most of it then when it was at $20/oz ....but had purchased a few rolls of "junk silver" (pre 65 quarters) before that when the price was at $16-$17



so yea, to see the price hovering over $35/oz ATM....feels good...some solidarity I've made a 100% "return" on the junk silver and a 75% "return" on the bullion...which I quote "return" because...all i'm aiming to do is retain value/purchasing power, which the dollar doesn't seem to be doing that well lol


I've looked at some silver ETF's and mutual funds for a variety of minerals, but the stock market sketches me out... so much speculation and volatility caused by the big dogs at the top ya know. that and i'm only 24 (entering the workforce at the worst it's been since the depression) so it's hard to save/put aside money when it seems commodities will never stop rising but management is important

Originally Posted by ExDex1x1

Most major corporations and even small business (in my area at least) are all starting to hire again, I fail to see your logic behind this new depression. Home Depot is hiring like 23,000 seasonal workers, Kmart and Walmart both just announced plans to hire thousands, Kraft is expanding, AMD and Intel are both expanding operations within the US.

The only markets still hurting are those being kept alive by union workers because unions ask for ridiculous wages and cant afford to operate any more. The only thing I see happening in the near future is the death of unions.

Oh yeah let's hijack another thread to bash unions for something that was the fault of Wall Street and our wonderful Financial Institutions. Yes. Let's keep that going.

Originally Posted by budsmoker87

I've looked at some silver ETF's and mutual funds for a variety of minerals, but the stock market sketches me out... so much speculation and volatility caused by the big dogs at the top ya know. that and i'm only 24 (entering the workforce at the worst it's been since the depression) so it's hard to save/put aside money when it seems commodities will never stop rising but management is important

Commodities are only good if you have big bucks to invest. The way to win with the stock market is to diversify your portfolio and invest in every section of the market available. I have investments in electronics manufacturers, biotech research, small and large corporations, yadda yadda. Get yourself a good financial adviser and it's on fuckin auto pilot.

I pay 7.5% of my profits to a financial adviser who does all the work for me. The dude just has thousands of clients and simply buys everyone the same stocks sells when necessary, I've only ever had 2 bad months where I posted a loss. I've had the same guy doing this for me since I was 14 and my parents got me started with $500 and now the account is up to just over a quarter mill in under 12 years (with my adding in funds along the way.) and thats going through the stock market crash from 9/11 and the shitstorm that followed. I've put in at least a dollar a day since I opened the account and if everything follows the same rate its been going I'll be shooting for a mill by the time I hit 30. Posted significantly higher gains than you could ever hope to get with a standard savings account, and there's no way you'd get this kind of growth with commodities.

Originally Posted by Carne Seca

Oh yeah let's hijack another thread to bash unions for something that was the fault of Wall Street and our wonderful Financial Institutions. Yes. Let's keep that going.

The fault isn't with big corporations but with the regulations and loop holes that those corporations were allowed to exploit when the government and many other regulatory bodies were well aware of what was going on, combined with ridiculous loans being given out to people who had no means of making their payments back due to exorbitant interest rates and other schemes by big lenders to make a quick buck through repossessions.

Coming from a family of union workers however, I'll gladly tell you that they're what's causing so many businesses to go overseas to operate. When you have to pay every single person on a construction crew $30+/hr of course you're going to go to India or Mexico where the same labor gets done at a much lower rate.

Unions are going to be dismantled within the next 10 years I'd guarantee it. My dad went through 4 shops in the last 10 years because places can't afford to operate. Pipefitters union here is in deep financial shit and haven't even been able to make new hires in the last 2 years. No one gets in without knowing someone higher up the chain any more and the whole system is filled with corruption and golf playing dumb shits who don't have the financial know-how to run these organizations effectively. I've seen all 4 companies he worked for go under because the bosses were forced to bid below the actual cost of labor and materials just to be able to win the job. It's all going to burst very very soon.