Seems to me when the subject turns two guns there's some fool bragging about how big his is or how much ammo he's got. Sad
Didn’t see any of that happening at all. Just as an FYI though someone saying they have a few hundred rounds is nothing, that’s one to two days at the range where they’re either practicing, competing, or just having fun with an activity. Far more harmful things happen in the metals threads encouraging investment in physical metals
Investment in physical metals has been pretty good to me over the years. Whole lot better advice than suggesting investment in metal mining.
What does metal mining have to do with anything? Creating random topics doesn’t make something good especially when there’s still many people WAY underwater from the last metals run up
My point was it's worse advice to suggest somebody purchase precious metal on paper as opposed to holding physical.
No it’s not. Paper is how you would actually invest. The world is literally shut down and no one is taking precious metals for anything nor are they saving anyone Physical metals have a much much much higher cost to the purchaser and are much harder to sell.
Try finding now at anywhere near spot. I recently sold some and the buyers were willing to pay $9 over. My Craigslist posting exploded with offers.
They're far more likely to shoot themselves or a family member than any bad guys...those are the real life odds. The actual figure is 22 times more likely.
Metal miners are a whole different breed sir. Many people who recommend the stocks aren't understanding the complications with them. PM miners are classic negative beta stocks, and as such they are used as contra-plays. This, coupled with shenanigans endemic with all PM's simply make them extremely difficult to understand fundamentals. I have two miners, one a huge iron ore with gold, the other copper with associated byproducts. They have held up well during this and pay me a consistent dividend with an occasion bonus dividend thrown off.
okay so taking advantage of people’s fears. What are they gonna do with that? A year from now when they’re underwater just like everyone is from the last run up and lose a ton of money if someone tries to invest how is that a positive?
We have local breweries using their alcohol to make hand sanitizer you can pick up at the pub curbside. And we got lucky on tp and have a package of 45 rolls in our garage right now. I think we're okay for now.
My gun has more stopping power, I have more bullets than you, My gold coins shine brighter, I collect only silver crowns, too! (Doggerel: courtesy of the J.T. Project)
Sanitizer should be back in stock in the near future all over the place and brewery's have helped with that. A lot of grocery stores are putting up no return signs now on basically everything as they have already ordered more and know they can get more
There isn't an investment in this world that does not have an element of risk. When I invested $6,000 in silver in 2006 it paid off in a major way 5 years later. It could have gone the other way I knew that going in. Nothing ventured nothing gained.
Only if you sold then and if you bought then you are still WAY underwater. If you bought after you're essentially even which means you're down since PMs give no return and have a selling price once you find a buyer PMs give no return and only very rarely actually spike, twice in the last 50 years or so. Very poor physical investment without luck or impeccable timing
The thought occurred to me that that picking up a box or two of ammo might not be a bad idea but I can't do that in my state which has closed down and will not reopen the sporting goods stores that sell them. In addition my state forbids ammo sales without showing what is called the Firearms I.D. card to buy anything that will chamber in a handgun. Problem is that the state police who do the background checks to issue the cards have shut down the whole system. My state also forbids private firearms sales without going through this NICS system of background checks. I sure hope my local and state police stay healthy.
Buy Low sell high right? If you buy something and the value of it doubles or triples and you don't sell you have nobody to blame but yourself. I wonder how many people sat on their Blockbuster stock and then cried when it Tanked.
Meh. I remember buying Apple at $15... and selling it at $30. Doubled my money! And that was before the last 7-for-one split. I bought more shortly thereafter, so I've definitely paid for a lifetime supply of laptops. But each one of those $15 shares would be worth over $1700 now, and that's after the recent 20%-plus drop. You can't ever know the best time to get off the rollercoaster -- except in hindsight.