Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (48900)	3/22/2002 5:16:28 PM
From: Sully-	Read Replies (1) \| Respond to of 65232

"margined silver mining shares offer more leverage still but there will be an attempt someday soon to corner silver a next-to-last stage will be to rip silver from weak hands and margined shares owners will be pressured to sell out." When I read your post this morning, the first thing I thought about was that this seems like a ploy........... perhaps one that might even have a legit background, to get folks to margin themselves to the hilt....... only to have a near term drop in silver price......... just long enough & deep enough to get the greedy margin dudes & the weak hands to bail........ with freshly singed hairs on their collective A$$es. I see you have considered this too. Attaboy Jay double ewe :- Ö¿Ö

To: Jim Willie CB who wrote (48900)	3/22/2002 9:51:49 PM
From: Wharf Rat	Respond to of 65232

Junk numismatic...I actually consider my Morgans as junk coins. To me numismatic implies dates and mint marks, and usually quality of the coin, altho certainly a '09sVDB penny in any condition is numismatic. (In my own mind, my cartwheels are junk; the merc dimes and buff nicks are numismatic, and whatever gold I have is definitely numismatic, eg proof). I guess the question really is "Is it more cost effective to own a roll of dollars or a smaller number of collectibles selling at a premium above the price of silver?" Also, I thing the gov allowed collectors to retain their gold when it was all called in, so is it safer to own good stuff? (But, if I had all the food and you had all the gold or silver, I would just be after the metal, not the date/mm). I'm into safety and survival, not making profits, with the metals. I want to be able to go into the store with a quarter and buy a head of lettuce that costs somebody 10K in paper, so I don't want to mess around with stocks and futures. (However, speaking as an ex farmer type, if I have the last 2 potatoes and you have all the gold, I'd tell you to eat your gold). As far as owning the mines,... Butch sez hello... The Sundance Kid