Hi ho silver!

[blondie]

Yes, @horace , you are right. Not face value.
I’m pretty sure these are late 1960s early 1970s dollars. My godfather gave them to me as a kid and he had a bank in Montana. One is a different side facing eagle. I should look them up, weigh them, see what the purity is with these things.

[Horace]

@blondie Those wouldn't be Eagles then, since they didn't exist in the 60s or 70s. Yeah you should look them up and check their purity.

[blondie]

Hmmm. I’ll do this. I need to find the right person to sell to.

[Klaus]

I bought some gold a couple of years ago when an ounce was well below $2000. I wish I had bought more.

[jon-nyc]

I bought a bunch under 2k also. I have sold some. Maybe I have 135oz left or something like that.

[Horace]

Silver down 30% today, gold down 10%.

[Axtremus]

@jon-nyc said in Hi ho silver!:

I bought a bunch under 2k also. I have sold some. Maybe I have 135oz left or something like that.

Just curious ... do you take physical possession or just owning it on paper?

[89th]

@Horace said in Hi ho silver!:

Silver down 30% today, gold down 10%.

You called it!

@Horace_t3h_w1se:

But silver could so easily crash.

[Mik]

The real lesson from this selloff is not about direction or valuation. It is about liquidity — and what happens when too much capital tries to exit the same “safe” trades at once.

https://www.msn.com/en-us/money/markets/gold-and-silver-s-7-trillion-wipeout-delivers-a-painful-lesson-about-risk/ar-AA1Vm6ZE?cvpid=d671fed88e7747acaa140a4025017f9c

[jon-nyc]

Seems a little early to write that article. It’s been all over the map. Is anyone really sure gold won’t hit 5500 again this year? Or in February?