SBSS new coin redoubt.....

That will drain the bank!!

Now, if we are talking about moderation......

 

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Yes, I just got this too. Very cryptic...

Wonder how long it'll take for the real reason to get out???

 

Why moderation? You only have to be faster than them.

Chris

 

It's probably very hard for them to locate an adequate supply of 30% silver. Maybe they should try Shanghai.

Chris

 

Are the two of you saying this email is of recent?

When did SBSS first start selling their medallions? They could be way under water if they bought a considerable amount of silver 6 months ago.

 

Are you insinuating that their 1oz silver medallions are not .999

 

I've never seen one of their medallions, let alone had it assayed. I was only making a supposition.

Chris

 

Your image looks a lot less blurry than the one they emailed me. Where did you find the new Redoubt design (if you don’t mind me asking)?

 

The blurry picture is from their website. The clear one is here http://en.wikipedia.org/wiki/American_Redoubt

 

Judging from this fellows mission statement (https://silverbulletsilvershield.com/about) redoubt is meant in the more traditional sense...........http://en.wikipedia.org/wiki/Redoubt

 

Well if nothing else, and this guy goes down as just another large ponzi scheme, the medallions may have some worth in the end just for the story behind them.

Enjoyed chatting with all of you.

 

???

Perhaps this was meant for one of the Bitcoin threads? :too-funny:

 

The designs were getting better and better. Freedom Girl is pretty exquisite in my opinion. And then they move to this? That design is laughably horrible, like it has to be a joke. Combine this with their recent shut down and their new 20 round minimum order, and I think they're screwing themselves.

 

Zloytch, I still haven't seen the "20 round minimum" mentioned anywhere but here...their "reopening" message never said anything about it.

As for the email that said their re-opening is on hold, that email was sent to me late this afternoon....

 

from an email they sent

 

Hehehe. But ...

See post #6 in this very topic. (The Wikipedia image page - click on the medal that they call a coin - also provides a link to the image source.) In other words, we're fast and we're everywhere. But, please, everybody ... don't try and prove the contrary.

Christian

 

There is a video posted by Chris Duane where he does say a 20 round minimum. He said something on the lines of 80% of their silver sold is purchased in bulk. 20% is sold by the piece. the 20% costs 80% more then the 80% bulk purchases....or something along those lines.

As far as the Ponzi scheme comment, I do think that is a bit harsh. But as far as him preaching about all he does and then selling memberships on his website and T-shirts and such he is not the man he portrays himself to be.

 

I would be pretty livid if I had paid for a SBSS medallion when the going price of silver was in the low 30's, and still waiting on it while silver drops.

 

so you're not real familiar with bullion. if you just want raw silver, buy bars

 

Best to be a collector and not an investor dear fellow..........