My silver is still 40% greater than basis.The fungible stuff.My Chinese stuff is anyone's guess and I got lots of Chinese silver coins that are underweight and magnetic :( they are out in the open and ,hopefully would be stole first ! The only way you could get to the good stuff is if I opened the safe,in that scenario it's all gone to crap anyways and my only hope would be if my neighbors could knock them down on the way out (actually more plausible than you would think!very good neighbors!) I don't own any gold because I think that silver is far more precious,the world just doesn't know it yet.And I hold silver not in anticipation of Mad Max but of Mad Money ,when I can trade 1 oz of silver for hundreds if not thousands of the paper of the realm :) Not to say that guns ,ammo tuna ,home grown agriculture and a years supply of H2O are not also on board, but I'm not really holding silver in anticipation of doomsday,I'm holding for PAYDAY. jmho
All That Glitters Isn't Gold--Watch Out for the Fake Stuff [View article]
There are LOTS of fake silver coins that ARE magnetic,dude and I wasn't talking about a lighter,geez,please engage brain and read before touching the keyboard.
On Apr 27 02:58 PM ricardoRI wrote:
> Only nickel and iron are magnetic, so lack of magnetism proves nothing. > Lead, the cheapest (and somewhat close) fake gold, is not magnetic > and is soft. None of the metals used for fake precious metals (nor > the precious metals themselves) will melt or deform with the heat > from a butane lighter. > > One can get an acid test kit which will give the gold purity. Or, > if you are careful, a drop of nitric and sulfuric acids will attack > fakes, but not fine gold. X-ray fluorescence is easy and non-destructive, > even testing adulterated materials.
All That Glitters Isn't Gold--Watch Out for the Fake Stuff [View article]
A magnet is handy,nothing precious will stick to a magnet.And for silver,if you don't might marring it,a butane blowtorch,if you can start to melt it,not to precious.
Gold: The Next Reserve Currency Player [View article]
Gee, I think I'll have another beer and admire my silver stash. It's STILL worth more than I paid for it,even with the massive market manipulation. More than I can say for my stocks :(.My question is when are people gonna see the "bailout" for what it really is. The biggest golden parachute in history,brought to us by rethuglacons for rethuglacons ?
I backed up the truck this week on silver,and though I paid 2 to 4 over spot,I'm not worried since the naked shorts all over the market just got put on notice that they are gonna get their fannies paddled :) and are scrambling to cover.
Best 'Currency' Right Now? It Might Be Gold
[View article]
The premium on silver(if you can find some ) is ranging from 10 to 40 % How the price can decline during an apparent shortage is beyond me so I just keep buying it at every opportunity.The premium I pay now will be small change when the paper market implodes :)
I've followed CDE for several years and can asure you this dog don't hunt. If managment started to undo the massive dulution (a buyback) and/or issued a dividend there might be some hope but until then Mr. Market will continue to whip this stock like a "red haired" step-child :)
Bracing for Another Round of Credit Related Woes [View article]
Even the loan sharks are not lending right now, I know because I got turned down by all of them recently.Yet I have numerous concluded transactions and a perfect record with them. :( I may have to sell some silver to fund my latest project and save the usury that I was going to pay for the "privilege" of using their money to do it.
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Disclosure:so long I'll never see daylight again!
All That Glitters Isn't Gold--Watch Out for the Fake Stuff [View article]
and I wasn't talking about a lighter,geez,please engage brain and read before touching the keyboard.
On Apr 27 02:58 PM ricardoRI wrote:
> Only nickel and iron are magnetic, so lack of magnetism proves nothing.
> Lead, the cheapest (and somewhat close) fake gold, is not magnetic
> and is soft. None of the metals used for fake precious metals (nor
> the precious metals themselves) will melt or deform with the heat
> from a butane lighter.
>
> One can get an acid test kit which will give the gold purity. Or,
> if you are careful, a drop of nitric and sulfuric acids will attack
> fakes, but not fine gold. X-ray fluorescence is easy and non-destructive,
> even testing adulterated materials.
All That Glitters Isn't Gold--Watch Out for the Fake Stuff [View article]
Silver Mining - It's the Pits [View article]
gold from sewage :)
Gold: The Next Reserve Currency Player [View article]
More than I can say for my stocks :(.My question is when are people gonna see the "bailout" for what it really is. The biggest golden parachute in history,brought to us by rethuglacons for rethuglacons ?
Seven Highest Yielding Stocks Going Ex Dividend in November [View article]
disclosure--------all in
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Disclosure , I LOVE SILVER,have LOTS of it ,and WANT MORE !!
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Best 'Currency' Right Now? It Might Be Gold [View article]
How the price can decline during an apparent shortage is beyond me so I just keep buying it at every opportunity.The premium I pay now will be small change when the paper market implodes :)
Coeur d'Alene Mines: Compelling Silver Investment [View article]
If managment started to undo the massive dulution (a buyback) and/or issued a dividend there might be some hope but until then Mr. Market will continue to whip this stock like a "red haired" step-child :)
Bracing for Another Round of Credit Related Woes [View article]