Where yur money goes when you buy PMs

Discussion in 'Bullion Investing' started by Lylelovett666, Jun 14, 2017.

  1. Lylelovett666

    Lylelovett666 Member

    https://imgur.com/gallery/TYTUg
    This pulled into my neighborhood last week.
    Yacht Name: Mayan Queen

    Yacht Length: 93 m (306 ft)

    Guests: 16 in 8 cabins

    Crew: 24 in 12 cabins

    Yacht Value: US$ 140 million

    Owners Name: Alberto Bailleres

    Bailleres Net Worth: US$ 10.9 billion

    Owners Company: Industrias Penoles

    Owners Country: Mexico
     
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  3. longnine009

    longnine009 Darwin has to eat too. Supporter

    That's why I only buy "equities." The brokerage always donates the profits to the chee-drins.
     
  4. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    What? No heliport?

    Chris
     
  5. Lylelovett666

    Lylelovett666 Member

    It's on the bow.
     
  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Not enough room. The railing would make it too dangerous to land when the boat is under power.

    Chris
     
  7. Lylelovett666

    Lylelovett666 Member

    It's there. I've seen a pic.
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I guess it must be a compact model like a Yugo or VW Beetle.

    Chris;)
     
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I will take two of those please, minus the yugo...LOL
     
  10. Lylelovett666

    Lylelovett666 Member

    I'd start with one & see how it works out. You can expect a minimum,annual operations & upkeep bill of 14 million. Crew costs are additional. Probably another two mill or so. She cruises at 20 knots. That's burning an insane amount of fuel. Throw in another couple million. Provisions,moorage fees,probably an additional mill. & of course,a boat comes with lots of unforeseen complications. Anther two mill will probably cover those. 21 million annual cost. Better hope silver shoots through the roof.
     
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