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Precious metals

Discussion in 'Stocks & Investments' started by cabarbhab, Jan 9, 2011.

  1. Sep 24, 2015 at 12:43 PM
    #1021
    Dr. Jekyll

    Dr. Jekyll Well-Known Member

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    Nobody buys coins at spot just like you can't buy a barrel of oil. It's not rocket surgery. But you can't tell me that the top investment firm in the nation that I buy and sell silver bars through is giving me false information. Never once did they say sorry, you have to take all your bars out of safekeeping and convert them to coins if you want to make money, your bars are currently worthless.
     
  2. Sep 24, 2015 at 12:49 PM
    #1022
    AK Taco

    AK Taco Well-Known Member

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    Made a $6000 withdrawal today at the bank.

    Teller didn't question me, the world did not stop, and I was very politely given my money.

    :)
     
    Dr. Jekyll and shr133 like this.
  3. Sep 24, 2015 at 12:52 PM
    #1023
    shr133

    shr133 Well-Known Member

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    Bars are fine, they just have less resale value than coins..... And eagles are the std coin.....
    and who is buying the bars??? so now you are going from retail to wholesale and you're losing the premium on every trade....
    and they are impractical to sell....
    If you are trading PMs do it on the market, is easier and more cost effective...........
    SLV, GLD, SLW, GDX ect............
    I'm investing in PMs that's why I buy physical......
     
  4. Sep 24, 2015 at 12:54 PM
    #1024
    shr133

    shr133 Well-Known Member

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    K & N filter, 275 70 17 Cooper AT3, OME Nitrocharger shocks, 884 Springs, Dakar leafs.
    I took out $4000 no issues.......
    They might be past that nonsense......
     
  5. Sep 24, 2015 at 12:54 PM
    #1025
    Dr. Jekyll

    Dr. Jekyll Well-Known Member

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    What? WHAT?!?! How is that possible? I was told a $2,000 withdrawal requires a notarized sitting US senator's approval? What happened to the "Capital Constraints" the Federal Government just put in place?
     
  6. Sep 24, 2015 at 12:55 PM
    #1026
    Dr. Jekyll

    Dr. Jekyll Well-Known Member

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    I buy bars with the largest brokerage in the world. Never had an issue with it in the past, don't anticipate any in the future either...
     
  7. Sep 24, 2015 at 12:57 PM
    #1027
    Dr. Jekyll

    Dr. Jekyll Well-Known Member

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    Funny how you recently submitted that a supervisor was called for cash withdrawals...
     
  8. Sep 24, 2015 at 12:57 PM
    #1028
    shr133

    shr133 Well-Known Member

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    what do you do with your bars, the price is crazy low, so why aren't you buying now??????
     
  9. Sep 24, 2015 at 12:59 PM
    #1029
    windsor

    windsor Just a guy

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    Shoot, I tried to withdraw $1500 and they said I had to give them notice of a large withdrawal and call ahead to make sure they had the cash available when I was going to come in.
     
    shr133 likes this.
  10. Sep 24, 2015 at 12:59 PM
    #1030
    Dr. Jekyll

    Dr. Jekyll Well-Known Member

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    I use silver to hedge the dollar, like many do with PMs. I don't hoard PMs thinking the end of the world is coming. You know it's funny but there are other people out there who buy silver and gold to offset the beta in larger portfolios.
     
    Noahs2015Taco likes this.
  11. Sep 24, 2015 at 12:59 PM
    #1031
    shr133

    shr133 Well-Known Member

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    Last year every withdraw they would go ck, or do their interview and always have a weird look on their face.....
    My friend has a business and was told many times to come back........

    google it..........
     
  12. Sep 24, 2015 at 1:01 PM
    #1032
    shr133

    shr133 Well-Known Member

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    This is all I'm saying, they are so leveraged they don't like to give up cash..........
     
  13. Sep 24, 2015 at 1:06 PM
    #1033
    Dr. Jekyll

    Dr. Jekyll Well-Known Member

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    OMG he was @#$%& KIDDING!
     
  14. Sep 24, 2015 at 1:12 PM
    #1034
    AK Taco

    AK Taco Well-Known Member

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  15. Sep 24, 2015 at 1:21 PM
    #1035
    shr133

    shr133 Well-Known Member

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    That is why I resurrected this thread........
    The biggest dollar hedge is on the way...........
    You keep saying the world will end, I never said that, the vids don't say that....
    If you are all in on the dollar, your world might end, but not mine......
    The dollar is in trouble, that's a fact you can face or not....

    So when the dollar fails (I don't know when) the world will be OK, the dollar will just be worth less just like 1973 all over......
    And as you know PMs are a great hedge against a falling dollar............
     
  16. Sep 24, 2015 at 1:40 PM
    #1036
    T Fades

    T Fades Well-Known Member

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    You are starting to get it!
     
  17. Sep 24, 2015 at 2:10 PM
    #1037
    Noelie84

    Noelie84 What Could Possibly Go Wrong?

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  18. Sep 24, 2015 at 2:34 PM
    #1038
    Dr. Jekyll

    Dr. Jekyll Well-Known Member

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    Not really. Kinda been investing for you know, several years. Didn't realize this thread was limited to coins and conspiracies...
     
  19. Sep 24, 2015 at 2:37 PM
    #1039
    Dr. Jekyll

    Dr. Jekyll Well-Known Member

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    Not really a fact son, more like your opinion. You "think" the dollar is in trouble. You "feel" the dollar will be worthless. But let;s be frank shall we? If the dollar goes to zero, you really think the world will be all rosy? I doubt it, sounds like the "collapse" will go hand in hand. Unless of course you don't believe the US is the global leader.
     
  20. Sep 24, 2015 at 2:42 PM
    #1040
    Doomsday

    Doomsday Well-Known Member

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    Lights, Tires, Wheels,...more to come!
    Yes, the U.S. Dollar is the global leader.
     

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