Why do you look for silver?
- Thread starter TimZim
- Start date
BillyOceansEleven
Full Member
- May 6, 2011
- 184
- 15
LOL! This thought occurred to me last week with all the Mega Millions mania. CRH is like gambling with no risk. If you don't win, you can just go get your money back.
Lyfeguard
Full Member
- Jan 19, 2012
- 120
- 1
- Primary Interest:
- Prospecting
I do it because its fun, costs me nothing, and has a definite monetary return. Also my kids love it now so it's something we can all do together. The only expense is maybe a little extra in gas, but I have all my pick-up and drop off banks along my daily drive. Unless the price of silver really goes up I don't see a retirement out of this, at least with the numbers I do, but it will help me pay for other toys.
sagittarius98
Gold Member
Well, you won't earn $640,000,000 from a box, but at least I can have a greater chance of getting at least a few dollars by CRH. I can deal with a few dollars spent on the lottery tickets, though, without claiming I won.
Maryland Mega Millions Mystery Deepens | NBC4 Washington
I have been going through coins.for a long time it used to ne just for the history of coins, then it was for some extra cash to blow
Now I'm in the next chapter of my life I'm expecting my first child every bit of silver I find from now till my kid turns 18 will ne saved I find about an ounce a week hunting plus I.plan on actually buying.one once.every two weeks for my kid as long as silver doesn't sky rocket more than $50 an ounce. If it goes up it might be a half ounce.every two weeks.
When.my.kid turns 18 or graduates highschool which ever comes.first ill have
Found 1oz/week X 52 weeks X 18yr= 516 oz
And baught 268 ounces
Total of 784 oz of silver I would say that will be one Hell of a present
I guess silver will taper off and i wont find am once every week for 18yrs but that is my goal
Just think if silver stays at todays market price $32ish X 784 = $25,088
And thats with no.dives because if silver dives i will purchase more every two weeks
Now I'm in the next chapter of my life I'm expecting my first child every bit of silver I find from now till my kid turns 18 will ne saved I find about an ounce a week hunting plus I.plan on actually buying.one once.every two weeks for my kid as long as silver doesn't sky rocket more than $50 an ounce. If it goes up it might be a half ounce.every two weeks.
When.my.kid turns 18 or graduates highschool which ever comes.first ill have
Found 1oz/week X 52 weeks X 18yr= 516 oz
And baught 268 ounces
Total of 784 oz of silver I would say that will be one Hell of a present
I guess silver will taper off and i wont find am once every week for 18yrs but that is my goal
Just think if silver stays at todays market price $32ish X 784 = $25,088
And thats with no.dives because if silver dives i will purchase more every two weeks
i am thinking of taking my 40% kennedy halfs and selling or bartering them to a coin shop for as many one ounce rounds of silver as i can get. i intend to keep all my 90% coins. i purchased 80 oz. of silver when it was 5 dollars an oz. it is an excellent investment.
BuffaloBoy
Gold Member
My personal opinion of course, Silver takes up A LOT of space. Investing in roughly an ounce of silver every 2 weeks can take up so much room. 1 ounce of gold will be equivallent to the same amount of money(maybe slightly more due to premiums), but takes up so much less space. I would personally invest in 1 oz of gold each year if you're not the "hands on" type of person. If you're the hands on type, silver is your best bet
HH
Buff
HH
Buff
