Silver getting crushed today

Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.

  1. juris klavins

    juris klavins Well-Known Member

    You are correct, sir - the 'pay to play' fee is indeed 4.95 for each buy and sell - my +% reflects only the buy commission, since I don't plan to sell for at least a year to insure that all my 'ill gotten gains' will be taxed at a lower rate - at that time, the 4.95 sell commission will be deducted from my cost basis on IRS-8949, so, in reality, only the buy commission goes bye-bye :)
     
    Last edited: Dec 29, 2017
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  3. sakata

    sakata Devil's Advocate

    Agree with what you say but I still maintain it takes experience in the stock market to do it correctly. I bought Aurora three days ago and am already well up. I expect a lot more from them.
     
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  4. juris klavins

    juris klavins Well-Known Member

    Agreed - good luck for some 'high' return on investment :cigar:
     
  5. abuckmaster147

    abuckmaster147 Well-Known Member

    Is there anything for a small farmer with a lack of real funds to invest in? As far as MJ Goes.
     
  6. sakata

    sakata Devil's Advocate

    All depends on how much risk you can tolerate. There are some options which are high risk but high returns. One option is what I have discussed in recent posts. In the last month I have had returns of 50% in the cannabis stocks. But I was able to spread my investment across about 10 different stocks and I discarded those which did not work. Earlier in the fall I invested in half a dozen lithium stocks (essential for electric car batteries) and most worked but some failed. Overall I gained about 25% in two months. But the point is that I only invest about 20% of my assets in these because they were high risk. I was lucky. I have done similar things in the past and not gained anything. Bottom line is that you should not risk anything you cannot afford to lose. But, and this is the key, don't ever put money into anything without research beforehand. I could have made more in these two area by jumping in earlier but the risk was too great until I knew what I was getting into.
     
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  7. Gilbert

    Gilbert Part time collector Supporter

    Maybe you guys should start a penny stock thread.
     
  8. Clawcoins

    Clawcoins Damaging Coins Daily

    Happy New Year !!
    [​IMG]
     
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  9. sakata

    sakata Devil's Advocate

    Isn't it boring when silver and gold go up so steadily throughout the day that no one feels the need to comment? (Until now, I guess.)
     
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  10. Clawcoins

    Clawcoins Damaging Coins Daily

    I was going to in the morning.

    "PMs are overbought now and should go back down" per Bloomberg.

    but a pretty interesting swoon up the last couple of trading days.
     
  11. abuckmaster147

    abuckmaster147 Well-Known Member

    No No they should go up till summer!
     
  12. sakata

    sakata Devil's Advocate

    Seems like a guaranteed bull in them.
     
  13. Clawcoins

    Clawcoins Damaging Coins Daily

    Ok, it won't come back down until Summer
    [​IMG]
     
  14. abuckmaster147

    abuckmaster147 Well-Known Member

    .06 cents does not a spring full of dreaming make. :greedy::happy:
    No No Wait that is just a slight correction!
     
  15. abuckmaster147

    abuckmaster147 Well-Known Member

    Why is Japanese silver so darn expensive , I see prov has 1 oz bars for two something over spot. That and other asian silver ?
     
  16. sakata

    sakata Devil's Advocate

    $2 over spot does not seem expensive to me. I've seen it much higher on generic silver bars in the past.
     
  17. myownprivy

    myownprivy Well-Known Member

    What silver? Asahi? It is Japanese, and it purchased Johnson Matthey, but the silver is still refined in North America for the most part. Their logo is simply stamped on it. These bars sell for under $2 over melt.

    Are there others you are talking about?
     
  18. Clawcoins

    Clawcoins Damaging Coins Daily

    sell, sell, sell .. oops, too late
    [​IMG]

    So Japanese silver is minted in the US?
    Makes it cheaper than having to ship it here.
     
  19. abuckmaster147

    abuckmaster147 Well-Known Member

    Nope that was the one. $19.48 cash for 1 so like .40 an ounce more than most of other refineries .
     
  20. abuckmaster147

    abuckmaster147 Well-Known Member

    OH Claw ??? Where is your morning graph?????
     
  21. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    "Nothing that happens in the last two calendar weeks, or the first two calendar weeks, of ANY market should be interpreted as 'real'. It is far more likely a tax play than anything else."
     
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