Remember when GUTTER was $121 bucks?
blitzdude
Posts: 7,553 ✭✭✭✭✭
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? ![]()
1
This discussion has been closed.
Comments
U+007F
LULZ...
Philippians 4:4-7
My YouTube Channel
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?
.
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".
.
You are the worst person to ever give investment/financial advice.
.
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
.
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 ?
.
.
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.
.
silver isn't gutter, it's a cheaper version of gold
When gold and silver move together, it signals the coming end of fiat money.
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