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Max Keiser: "Buy A Silver Coin, Destroy JP Morgan"
Zero Hedge ^
| 11/12/2010 13:10 -0500
| Tyler Durden
Posted on 11/12/2010 12:48:48 PM PST by bkopto
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1
posted on
11/12/2010 12:48:55 PM PST
by
bkopto
To: bkopto
I bought one today.
A nice Candidan Maple leaf.
It had nothing to do with Mr. Keiser or JPM
2
posted on
11/12/2010 12:52:09 PM PST
by
NeoCaveman
(There. I said it.)
To: bkopto
Cramer endorsed gold last night? That explains why it’s tanking today. Like when the shoe shine boy gave stock tips to Joe Kennedy in 1929, and he knew it was time to get out of the market.
3
posted on
11/12/2010 12:53:23 PM PST
by
Question Liberal Authority
(Worst. Post-Racial. And Post-Partisan. Agent Of Hope And Change. EVER.)
To: bkopto
4
posted on
11/12/2010 12:54:50 PM PST
by
COBOL2Java
(Obama is the least qualified guy in whatever room he walks into.)
To: bkopto
I buy cull silver Morgans, Kennedy half's, and silver quarters. I beat them into rings with a steel rod.
Couple a week each, for decades.
There is no money in silver.
5
posted on
11/12/2010 12:55:13 PM PST
by
mmercier
To: NeoCaveman
If you are interested in holding silver purchased from nusmismatic shops, look for the Austrian Crown Ounces.
6
posted on
11/12/2010 12:57:56 PM PST
by
mmercier
To: mmercier
I beat them into rings with a steel rod. Is that legal? For that matter, does it make sense to buy silver for its "melt value," if melting a US coin is illegal?
7
posted on
11/12/2010 1:01:20 PM PST
by
giotto
To: COBOL2Java
Got my junk silver on ebay. Harder to get higher face value bags these days, though.
8
posted on
11/12/2010 1:03:33 PM PST
by
bolobaby
To: bolobaby
Harder to get higher face value bags these days, though. Face value? Nice trick if you can do it.
9
posted on
11/12/2010 1:05:18 PM PST
by
NeoCaveman
(There. I said it.)
To: bkopto
I prefer brass, lead and copper.
10
posted on
11/12/2010 1:06:40 PM PST
by
SVTCobra03
(You can never have enough friends, horsepower or ammunition.)
To: bkopto
I just bought 50 oz. Just doing my part to nail these crooks.
11
posted on
11/12/2010 1:07:25 PM PST
by
dwg2
To: NeoCaveman
Face value? Nice trick if you can do it. One of the consequences of hard times and fiat currency is that quite a bit of silver gets flushed out into circulation. Dopey kids at the grocery store don't seem to know that our coinage once had intrinsoc value. They'll look twice at a Franklin half, but won't hesitate to give 'em to me in change. Silver-clad Kennedy's even get by some of the clerks that look for silver coins.
12
posted on
11/12/2010 1:17:05 PM PST
by
gundog
(Help us, Nairobi-Wan Kenobi...you're our only hope.)
To: giotto
It is legal... I think.
Could care less anyhow. Come take me away.
I can sell a fine silver ring for twice or more what the cull costs.
A nice ring made from a $10 Morgan cull can get $40. The nine hours of tapping and finishing yields about the same hourly rate as a Pakistani peasant can make, in the end.
It is about taking something from the universe and transforming it into something desired. It is a habit, not a profit center.
13
posted on
11/12/2010 1:17:26 PM PST
by
mmercier
To: dwg2
I bought my silver from Gainesville Coin. Good company to do business with.
14
posted on
11/12/2010 1:19:52 PM PST
by
BooBoo1000
(What will be the contribution of my life>> 'As for me and my family we will serve the Lord")
To: NeoCaveman
“Face value? Nice trick if you can do it.”
I don’t think you understand the nomenclature. “Face value” is used to reference to the total denomination of coin you are purchasing, not the price you pay.
Recently, $100 face value bags (for example, 1000 silver dimes) have been going for about $1500.
15
posted on
11/12/2010 1:29:51 PM PST
by
bolobaby
To: bkopto
I just may have to do that
To: bolobaby
Buy me a couple of those bags....price is around $1900 here.
Nam Vet
17
posted on
11/12/2010 2:04:12 PM PST
by
Nam Vet
(Are you better off than you were 4 trillion dollars ago?)
To: mmercier
There is no money in silver. Yeah, but if it will crash Morgan I'm game...
To: gundog
I noticed the same thing when I was a cab driver kids would sometimes pay the fare with change, silver coins. I had quite a collection.
19
posted on
11/12/2010 2:08:15 PM PST
by
R. Scott
(Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink)
To: bolobaby
I dont think you understand the nomenclature.Thanks for the correction.
I'm bummed though, I thought there was a trick to picking it up cheaper.
20
posted on
11/12/2010 2:10:05 PM PST
by
NeoCaveman
(There. I said it.)
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