Prices crumble in front of our eyes!

[SilverCoin]

Today's price drop confirms the volatility of the Silver & Gold market! I wouldn't worry too much though...as the industry & market starts buying up all the Silver at staggering rates that's a sure indication that prices will RISE again! This low will not last long, for I guarantee this weekend will hold record sales of that fine precious metal...SILVER.

ps. It was all across the News today of Silver & Gold prices...this Market will soon go "VIRAL"

[Xizang]

Before any of you guys give the Silver market any Viagra or Cialis, let's first buy up all the cheap Silver we can - okay?

[SilverBull82]

im thinkin the same... this is the best chance there has been since it first hit $26 so im willing to bet that there will be alot of people jumping on board for this boat ride... i just hope it doesnt sink lol

[SilverBull82]

i cant wait to see what the total sales are for ASE's this month with this sale going on...

[Robert FGoens]

Today's price drop confirms the volatility of the Silver & Gold market! I wouldn't worry too much though...as the industry & market starts buying up all the Silver at staggering rates that's a sure indication that prices will RISE again! This low will not last long, for I guarantee this weekend will hold record sales of that fine precious metal...SILVER.

ps. It was all across the News today of Silver & Gold prices...this Market will soon go "VIRAL"

Silver is a 35 year investment , it's never a good idea to invest any money that you will need in the near future , it's a hedge against inflation , not a investment you get returns on anytime soon. Silver is what gold ain't

[rush2112]

ps. It was all across the News today of Silver & Gold prices...this Market will soon go "VIRAL"

yeah right.........................and you can also save 95% on the items you want most on Quibids.

[SilverCoin]

Silver is a 35 year investment , it's never a good idea to invest any money that you will need in the near future , it's a hedge against inflation , not a investment you get returns on anytime soon. Silver is what gold ain't

Tell the people of Apmex, Silvertowne, Provident, & Gainesville that Silver is a 35 year investment...they are making MILLIONS selling it on a monthly basis! I don't buy the hype of sticking metal under your bed for 35 years. You are gonna end up missing out on a lot of opportunities!

If only Valerb sold at $48 & used the money to buy back at $27 or $33 He could have almost DOUBLED HIS STACK!!! Don't tell me.

[tom1000000]

Tell the people of Apmex, Silvertowne, Provident, & Gainesville that Silver is a 35 year investment...they are making MILLIONS selling it on a monthly basis! I don't buy the hype of sticking metal under your bed for 35 years. You are gonna end up missing out on a lot of opportunities!

Apmex etc make money by being the MIDDLE MAN. You missed the obvious fact they buy from one person and sell to another.

If only Valerb sold at $48 & used the money to buy back at $27 or $33 He could have almost DOUBLED HIS STACK!!! Don't tell me.

You failed to account for capital gains tax.
If you bought at $15 and sold at $48 your capital gains tax is approx $8 or $9. So in effect your cash sale price is $40.
You could then buy back at $30 which is an increase of 1/3rd.
You would NOT double your stack, but its true you would still get a nice increase.
I suppose you do everything 100% cash and "forget" to declare it.

[Xizang]

I suppose you do everything 100% cash and "forget" to declare it.

I wouldn't dream of doing that. But I hear there are lots of people who do. Many of them are in government. Many are government leaders.

[Robert FGoens]

Apmex etc make money by being the MIDDLE MAN. You missed the obvious fact they buy from one person and sell to another.



You failed to account for capital gains tax.
If you bought at $15 and sold at $48 your capital gains tax is approx $8 or $9. So in effect your cash sale price is $40.
You could then buy back at $30 which is an increase of 1/3rd.
You would NOT double your stack, but its true you would still get a nice increase.
I suppose you do everything 100% cash and "forget" to declare it.

Do you pay sales tax at your LCS when you buy and sell ? Oh sorry you don't sell , when you buy ? I'm in fl , and have brought and sold a bunch of times at my local , with no tax?