If silver hits $100 I could be plugging holes in my Bust albums from 90% bags
tydye
Posts: 3,894 ✭✭✭
I have started numerous albums over the past few years as a fun way to accumulate 90%. VG barbers and even low grade seated all at 90% price. How far off from bust coinage in the 90% are we. My holed Capped Bust half collection is nearly there. Paid on average $20 a piece for them
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At $100 silver, I need to sell 180 oz of my 1,000 to be at break even to what I have into the pile.
With current ~$47 silver, that number is much higher at 383 oz. Still not a bad move.....or is it?
<< <i>When silver hits $100, im pulling 300oz off the table and putting that $30,000 into a piece of land. I will then be into the remainder of my silver at -$17.14/oz.......yes, thats a negative!
At $100 silver, I need to sell 180 oz of my 1,000 to be at break even to what I have into the pile.
With current ~$47 silver, that number is much higher at 383 oz. Still not a bad move.....or is it? >>
I like your plan Gecko, I'll be tempted to do the same.
Yogi Berra
Ya know what they say
Steve