Jump to content

  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

Buying silver

PandaPancake

By PandaPancake,
in Huddle Lounge

Recommended Posts

Bronn Contributor

Bronn

Posted
Posted

i dunno, its not a bad place to start.   but you don't want it to be your nest egg.

 

wish i had started collecting silver quarters and dollars when i was 20 for example.   doesn't take as much money to break in to.

 

I know I kinda argued against metals earlier, but...

I once went through our change jug meticulously searching each date on a nickel, dime, or quarter looking for those with silver content to pull out. I wasn't really going to stash them, but I would have sold them more than likely.

Anyway, I found none, and when we took the change to the coin machine to cash it in it was over $400... lol

Link to comment
Share on other sites
  • 3 weeks later...
TimTom Newbie

TimTom

Posted
Posted

Silver has been dropping. Under $17 today - was as high as $22.

 

Some see it going towards $13

 

Those open contracts tho ... we'll see.  

 

I can't see it going to $13, that'd be almost 50% below replacement cost/oz.  I'll take a stab and say $15 as the local minimum nowish (~6month window).  Too much of a psychological factor below that IMO.  

 

I will admit though that silver has always been a tricky beast since it's both a "hedge" to a weakening dollar but also used extensively in hi-tech, auto, health, etc industries.  

 

All I can say to those thinking about silver or any PM for that matter is this: Don't try to catch the falling knife! ;)

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Go to topic listing

  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • kungfoodude
      Go after Shedeur this offseason.

      By kungfoodude · Posted

      I think you misunderstand what I mean by "significantly better than Bryce Young." That gets you entry into the top 30 NFL starting QB's. Not sure if you have seen that group recently, but it's not a strong one the further down that list you go. Murray is a Tier 3 if not Tier 4 QB in my book.
    • CRA
      First 4 NFL starts - Tyler Shough

      By CRA · Posted

      Here is where you are… for purely the sake of arguing with me you are willing to suggest the 2025 Saints RBs might not be better than the 2025 Panthers RBs lol Saints have the 28th ranked rush attack.  We are top 10.   The Saints haven’t had a 100 yard rusher the entire season.  We have seen franchise best performances in a franchise known for running the rock. and see above for what our OL is also clearly better than the Saints.  Hell, Canales being forced into some mashups has often made it even stronger at times 
    • kungfoodude
      Go after Shedeur this offseason.

      By kungfoodude · Posted

      I am not saying there isn't truth to that but the economics and reality of the NFL are producing that. It's very hard to justify taking a guy in the 1st round, shelving him for years, having to make a contract extension and THEN hoping it all turns out okay. Not to mention, imagine that scenario after what we traded for Bryce. One thing is for certain, the QB desperation has led to bad 1st round QB picks for 15+ years now. That ain't new.  I think we need to decide on Bryce's future this offseason and we will have to. In my eyes, picking up the 5th year option is the "all-in" move for a two year period. That means you are committed to him in the medium term. Not the move I would personally make.  No matter what the decision is, I have been vocal about needing to bring in multiple QB's to improve that QB room for when Bryce falters again. How about just overall improving your team depth so that when it doesn't pan out, you at least have options on the roster? I don't feel like that is too much to ask and it's a valid bet hedge. 
×
×
  • Create New...