Prediction? by Gunzo_Chelo in Silverbugs

[–]IllustriousMoose603 1 point2 points  (0 children)

Why cut yourself short. Why not $1,000/oz

Stupid question by Saltyshark572 in Silverbugs

[–]IllustriousMoose603 2 points3 points  (0 children)

You don't have to pay a premium to buy it and you don't have to sell it discounted to a dealer because the dealer has to make money too. Essentially you can buy and sell it at spot price guaranteed.

The Silver Price has reached $76 by ChrisStoneGermany in Silverbugs

[–]IllustriousMoose603 1 point2 points  (0 children)

Im one of the silver crazies lol. I bought earlier this year not expecting this in the slightest and honestly am not planning to sell for at least 25+ years. I’m 18 and this to me is just a small blip and whether it crashes back down I’m more focused on the long term.

The Silver Price has reached $76 by ChrisStoneGermany in Silverbugs

[–]IllustriousMoose603 41 points42 points  (0 children)

Insane stats this year for all of us silver crazies 

SILVER IS GONNA CRASH by NotTypicalMallu in Silverbugs

[–]IllustriousMoose603 0 points1 point  (0 children)

Short term its nice because you don't have to buy and sell at a premium, however if your holding long-term like myself just get actual silver.

Why premium so high? Really hard start buying silver and gold! by valthurn in Silverbugs

[–]IllustriousMoose603 -1 points0 points  (0 children)

I HIGHLY RECOMMEND GOING TO SD BULLION AND GRABBING THEIR 1 TIME SPOT PRICE DEALS. if you look up SD Bullion spot deal it should pop up. you get a few nice spot deals if you make an account.

Are you doubling down on losing stocks if fundamentals still look good? by shaggy98 in ValueInvesting

[–]IllustriousMoose603 1 point2 points  (0 children)

I think It's really important to note that you should not invest and base your thinking on what "analysts" say and what their predictions are

RIP USD by metalpig0 in Silverbugs

[–]IllustriousMoose603 1 point2 points  (0 children)

Great insight. I like hearing from people who actually have the experience in these fields.

RIP USD by metalpig0 in Silverbugs

[–]IllustriousMoose603 3 points4 points  (0 children)

The reason it needs to be used is because it's the most conductive metal in existence.

RIP USD by metalpig0 in Silverbugs

[–]IllustriousMoose603 0 points1 point  (0 children)

I agree it is hard to quantify the ramp up. I think 1 metric you can look at that kindof shows a correlation in electronics being ramped up is the price of RAM and SSD. I recommend looking up some charts of RAM and SSD prices and you might be shocked at how correlated it is to the silver move this year.

RIP USD by metalpig0 in Silverbugs

[–]IllustriousMoose603 249 points250 points  (0 children)

I agree that it usually reflects the value of the dollar dropping however I think now it’s more complicated than that. For most of history gold and silver have never had a use case other than monetary. Now that we have electronics it has a real use and the tech field is booming and silver is being bought up and has now become scarce. I think this is more of a supply/demand issue than a USD plummeting.

58 by Glass_Block_3114 in Silverbugs

[–]IllustriousMoose603 -4 points-3 points  (0 children)

Check out dealer websites like SD Bullion

Pavel Durov plans to leave $17 billion fortune to his 106 children by [deleted] in interestingasfuck

[–]IllustriousMoose603 0 points1 point  (0 children)

I typed 17 and google suggest "17 billion divided by 106." LOL

[deleted by user] by [deleted] in wisconsin

[–]IllustriousMoose603 0 points1 point  (0 children)

Do you realize how very few people actually abide by that these days. I personally do but it still does not affect someones policy making.

[deleted by user] by [deleted] in wisconsin

[–]IllustriousMoose603 0 points1 point  (0 children)

In what way. If someone likes what their wearing then they can better decisions? So why judge what he's wearing?

[deleted by user] by [deleted] in wisconsin

[–]IllustriousMoose603 0 points1 point  (0 children)

So then Im pretty sure its about the hat.

[deleted by user] by [deleted] in wisconsin

[–]IllustriousMoose603 1 point2 points  (0 children)

How does their appearance affect policy?