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Remember when GUTTER was $121 bucks?
blitzdude
Posts: 7,746 ✭✭✭✭✭
Yeah, me neither, at least not in the physical world. Glad I was able to find someone paying $108. Paper was certainly the smarter investment. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today? ![]()
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U+007F
LULZ...
Philippians 4:4-7
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In the old days, we would call this a "cheat thread" so people could raise their post count.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I saw the post. It was a lame attempt at mocking the post I made regarding a 2004 gold OP piece that has not aged well at all.. What evs…
COPPER is gutter !

OP reminds me of people I know who go to Vegas and never come back a loser.
Philippians 4:4-7
Nobody wins in Vegas just the same as those that forgot to sell their gutter during a historic blow off top. Just ask ole diamond hands. He was probably the one buying my $108 gutter.
Guess there is always next generation. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
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You stated in a recent post that you got "stopped out" (stop-loss sell order) for SLV on the downturn.
Once again, you were played for a chump by the broker/dealer.
When silver peaked at $120, small lots of 90% coin were selling on eBay for about 70x (actual melt value at that level was 85x).
Now with silver at $75 to $80, small lots of 90% silver are selling on eBay for about 55x (actual melt value is about 55x).
This indicates that the $120 "paper" price was phony. The real silver price is $75 to $80.
So, as I stated in a previous thread, SLV suffers the full loss on the downturn, while 90% coin is somewhat insulated from a drop in the silver price. I even stated that with the previous discount on 90% silver coin, if you wanted to hold some silver, it would be a good move to sell SLV and buy physical 90% silver coin at the discount. You wrote about that: "selling SLV for a pile of garbage that nobody else wants? Terrible, terrible investment advice".
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You are the worst person to ever give investment/financial advice.
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Stack on skippy. I got's lots more gutter to sell ya. Guess you missed the part about the paper profits funneling back into physical gold. Your still stuck with your imaginary $121 oz physical fantasy. Shoot me a PM, I'll give you a very good deal on some premium junk gutter. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
I hope you realize the endorsement for Blitz's strategy that you just made.
Knowledge is the enemy of fear
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I guess you chose to ignore the part where I clearly wrote:
I'm never going to buy any of your "gutter".
When I need or want silver, I have local sources that have better prices and are more reliable than you.
But how about I trade you a reading comprehension book for some physical silver ?
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I don't endorse losing propositions or speculating on derivatives.
On net, the only players that make money on that are broker/dealers and big players who take out the chumps.
@blitzeddude didn't sell at $120 and got "stopped out" at a significantly lower price.
What I do endorse is buying coins and metals that you like, while having an idea of what the true market for them really is.
$120 silver (on paper) was not an accurate indicator of the true market like 90% silver coin is.
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silver isn't gutter, it's a cheaper version of gold
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
I know you didn't see it, so I gave you another opportunity...and you doubled down. Oh well.
Knowledge is the enemy of fear