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Didn't quite realize the Silver Bulk issue

tneigtneig Posts: 1,505 ✭✭✭
in Precious Metals
I'm only starting and the bulk issue just started affecting me. Had some in the house here and there. Broke down and got a safety deposit box, and will need some better safes. Doah! Gets expensive. Filled that safe deposit box up to the top first visit. Yikes. Have to start thinking down the road for the bulk issue. Building plenty of 1oz bars and rounds now, so going to look at 10oz+ deals for a bit now, and considering more G. I may consider burying some. Any downsides of bigger silver sizes, later on at sell time? Other advice?
COA

Comments

  • nibannynibanny Posts: 2,761 ✭
    Time to switch to Gold! image
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Time to switch to Gold! image

    Blasphemy! image
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • PokermandudePokermandude Posts: 2,713 ✭✭✭
    Yep.. That is one reason why I've preferred 10 oz bars to 1 oz rounds/coins, they stack much easier in SDBs. Though 1 oz bars aren't bad either, if there's no airtites or mint sealed packaging bulking them up.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    If you have more silver weight than you can carry by yourself, switch to gold and platinum, as others have said

    when you have as much of those as you can carry, switch to solid numismatic coins

    when you have as much of those as you can carry by yourself, Cash out some, Carry the rest to the Carrybean island,
    because you're done and you've won! image

    Liberty: Parent of Science & Industry

  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    quality home gun safe for silver

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • SpoolySpooly Posts: 2,108 ✭✭✭
    Silver is great, but if you have to move in a hurry..... gold is better. Try carrying a master box of silver around the block. The same dollar amount in gold is alot easier to carry. image

    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • LukeMarshallLukeMarshall Posts: 1,982 ✭✭✭✭✭


    << <i>If you have more silver weight than you can carry by yourself, switch to gold and platinum, as others have said

    when you have as much of those as you can carry, switch to solid numismatic coins

    when you have as much of those as you can carry by yourself, Cash out some, Carry the rest to the Carrybean island,
    because you're done and you've won! image >>



    Nominated for best statement of the year!

    It's all about what the people want...

  • DoubleEagle59DoubleEagle59 Posts: 8,307 ✭✭✭✭✭


    << <i>Silver is great, but if you have to move in a hurry..... gold is better. Try carrying a master box of silver around the block. The same dollar amount in gold is alot easier to carry. image >>



    Move in a hurry??

    This isn't Poland of 1938.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • tneigtneig Posts: 1,505 ✭✭✭


    << <i>quality home gun safe for silver >>



    Its starting to sink in..... ;-)
    COA
  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    and a good, monitored home alarm system and sealed lips. Word of what is in the house from somebody you know to somebody you don't know creates most PM home thefts.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • bestmrbestmr Posts: 1,776 ✭✭✭
    I'm with you there. I have a decent amount of silver in my sdb. However, whenever the ratio gets, say maybe under 35:1, I'll convert silver to gold. Until then, I just get a nice workout when I visit my sdb. image
    Positive dealing with oilstates2003, rkfish, Scrapman1077, Weather11am, Guitarwes, Twosides2acoin, Hendrixkat, Sevensteps, CarlWohlforth, DLBack, zug, wildjag, tetradrachm, tydye, NotSure, AgBlox, Seemyauction, Stopmotion, Zubie, Fivecents, Musky1011, Bstat1020, Gsa1fan several times, and Mkman123 LOTS of times
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    Forget the PM's. Edvard Munch's painting "The Scream" just sold for $119 million. That's 4,000,000 ounces of silver.

    We're in the wrong hobby. Grab your paintbrush! image

    My Adolph A. Weinman signature :)

  • SpoolySpooly Posts: 2,108 ✭✭✭


    << <i>

    << <i>Silver is great, but if you have to move in a hurry..... gold is better. Try carrying a master box of silver around the block. The same dollar amount in gold is alot easier to carry. image >>



    Move in a hurry??

    This isn't Poland of 1938. >>




    Nope..... it's 2012 in Texas. Hurricanes.... major flooding....massive forest fires. My philosophy is "get out of the way".... but don't leave valuables to be looted. (Including safe deposit boxes)
    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • 1jester1jester Posts: 8,637 ✭✭✭
    Gold might be worth more than silver right now, but who knows if that ratio might one day be reversed..... Anyway, it's not that hard to carry 10,000 ounces on a hand truck to your vehicle, and it doesn't take up THAT much space...

    imageimageimage
    .....GOD
    image

    "Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9

    "Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5

    "For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭


    << <i>Forget the PM's. Edvard Munch's painting "The Scream" just sold for $119 million. That's 4,000,000 ounces of silver.

    We're in the wrong hobby. Grab your paintbrush! image >>



    Ha, yup!

    Unfortunately, we'll have to be long dead and have famous personal ticks/demons or some crazy early death scenario to get into the 7 figure club. Life labor of love though.

  • mariner67mariner67 Posts: 2,746 ✭✭✭
    I find a combo of gold and silver fits nicely into my scene.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • KonaheadKonahead Posts: 1,476 ✭✭✭


    << <i>

    << <i>

    << <i>Silver is great, but if you have to move in a hurry..... gold is better. Try carrying a master box of silver around the block. The same dollar amount in gold is alot easier to carry. image >>



    Move in a hurry??

    This isn't Poland of 1938. >>




    Nope..... it's 2012 in Texas. Hurricanes.... major flooding....massive forest fires. My philosophy is "get out of the way".... but don't leave valuables to be looted. (Including safe deposit boxes) >>



    That is why is live in the desert
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
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