Why do you buy silver?

[Iamdeadboy]

Savings/investment

[Goldhooked]

19 hours ago, sixgun said:

Those who cannot see all the conspiracies we are beset with are deluding themselves

Oh the irony  

[sixgun]

10 minutes ago, Goldhooked said:

Oh the irony  

The English are masters in the use of irony. i must assume you are English and employing double irony,

[Goldhooked]

39 minutes ago, sixgun said:

The English are masters in the use of irony. i must assume you are English and employing double irony,

You know what they say about assume 😉

[sixgun]

1 minute ago, Goldhooked said:

You know what they say about assume 😉

It's you know what thought did - he followed a muck cart and thought it was a wedding.

[Goldhooked]

29 minutes ago, sixgun said:

It's you know what thought did - he followed a muck cart and thought it was a wedding.

Don’t tell the thought police!  They might suspect a conspiracy  

[sixgun]

1 minute ago, Goldhooked said:

Don’t tell the thought police!  They might suspect a conspiracy  

The Thought Police are part of the conspiracy. 🤮

[Goldhooked]

4 minutes ago, sixgun said:

The Thought Police are part of the conspiracy. 🤮

So are God, the Easter Bunny and Santa Claus  

[sixgun]

17 minutes ago, Goldhooked said:

So are God, the Easter Bunny and Santa Claus  

Well the Easter Bunny and Santa are pagan internalised into Western Christian festivals. No big deal but then they have then be capitalised on by the chocolate industry - children then get more of a taste for sugar. The high carbohydrate diet which began with the fraudulent Ansel Keys paper in the 1950's started the crusade against saturated fat with calories being replaced by polyunsaturated oils and lots of sugar. This has caused an explosion in obesity and diabetes. Fat does not make you fat - sugar does especially the toxic fructose based food additives. Santa is another entity that creates social pressures forcing parents to spend their way into debt.

Debt, obesity and diabetes - delightful and i haven't even started on the God entity.

[Tingles]

21 hours ago, Mark10110 said:

I was pretty deep into that stuff, I was a member of the David Icke forums and even went to 2 meet ups to which I met one of my ex girlfriends, The point where I left the forums and my ex was when someone in the forums told her I was an MI6 agent and I was sent to be her "handler", She accused me to using Hypnosis and NLP to brainwash her (which kinnda cut deep because I studied Hypnosis & NLP). At this point I took a step back and wondered just how the hell I got into this stuff. I even met John Harris kudos top anyone who knew who that was. Its a mad world out there and there is a few clowns that somehow avoided the nuthouse.

Why MI6? Was she a non-UK National?  Surely, should’ve been MI5 if she was being handled in the UK.  I think details are important when dealing with the intelligence community.

[KDave]

I buy because people on youtube tell me to. It doesn't matter what the price is doing, they just say its always cheap and now is always the time to buy. I even bought a truck to back up when they tell me to do so, which is every other day. Not sure what that has to do with silver but it sure is fun!  

Investment of course! Diversification for my wee stack of shares, and my tiny pile of cash equivalents.

 

 

 

[sixgun]

35 minutes ago, Tingles said:

Why MI6? Was she a non-UK National?  Surely, should’ve been MI5 if she was being handled in the UK.  I think details are important when dealing with the intelligence community.

Well spotted that man. Obviously she was being handled in foreign parts.

[Mark10110]

Just now, sixgun said:

Well spotted that man. Obviously she was being handled in foreign parts.

Lets not forget some of these guys believe in a flat earth, logic does not need to apply.

[Reichpapers]

I was initially attracted to those huge stacker videos.  To have a pile of treasure in front of you seemed like something I wanted.  I've been a poor saver, so my check ends up getting squandered on nonsense, or collections that sell poorly down the line.  I am not collecting for investment.  Yes, if spot increased significantly, I would be able to cash in and cover the silver and the premiums, but realistically I may well end up not getting back what I spent.  Still, it is like a savings account for me.  I will get money back in the end.  At least more than my other collections.  I'm not too worried about retirement at this point.  I retired from the US military, so I can collect at 59, and assuming Social Security is still around, I will also have that.

[Roy]

How can silver possibly be used as a pension?

 

[Mark10110]

Just now, Roy said:

How can silver possibly be used as a pension?

 

easily, you can either put X amount of money into a pension and take it out at 65, or you could put X amount into silver and sell it at 65.

 

[danmc82]

2 minutes ago, Roy said:

How can silver possibly used as a pension?

 

How cant it?

 

[Mark10110]

3 minutes ago, danmc82 said:

How cant it?

 

I am confused by the question also, I know there are official gold/silver pensions where they hold your gold and silver, I believe BYB has stated a couple times that he has a silver pension pot. And thats pretty much what mine is, i will flip some coins if they get high value and buy more silver but over all i don't plan on selling unless i am retiring. 

[Roy]

Well, I guess it's possible.

Let's say you need 75% of your current income as a pension payout.

£22,500?

And you hope to last 20 years? £450,000 

40,000 ounces of silver. 1278 kilos

 

[danmc82]

1 minute ago, Mark10110 said:

I am confused by the question also, I know there are official gold/silver pensions where they hold your gold and silver, I believe BYB has stated a couple times that he has a silver pension pot. 

Me personally would never get any company/bank to hold my pm's. If you dont physically have it when you need it most, whats the good in that?

[Roy]

7 minutes ago, Mark10110 said:

easily, you can either put X amount of money into a pension and take it out at 65, or you could put X amount into silver and sell it at 65.

 

As a non financial advisor, I strongly recommend you do not do that.

[Mark10110]

Just now, Roy said:

As a non financial advisor, I strongly recommend you do not do that.

you recommend no one stacks silver for 30 years then sells? why?

[Roy]

Because silver could be $5 an oz then

[Goldhooked]

1 minute ago, Roy said:

As a non financial advisor, I strongly recommend you do not do that.

I’m guessing most people don’t invest in PMs as their only pension source.  It’s probably in addition to property, other savings/investments or just the plain old state pension.

[danmc82]

4 minutes ago, Roy said:

Well, I guess it's possible.

Let's say you need 75% of your current income as a pension payout.

£22,500?

And you hope to last 20 years? £450,000 

40,000 ounces of silver. 1278 kilos

 

Thats alot of Silver 😁