silver

[oio]

Most people use metals as a hedge.

Yes, and in my opinion hedges should be "clipped" by higher potential options

 

[Laufen]

Yes, and in my opinion hedges should be "clipped" by higher potential options

That's why I also use inverse ETF's.

 

[oio]

That's why I also use inverse ETF's.

Still small gains.
If you have $5k, may I suggest 5 Russian AK74s (about $3k) and the rest in surplus ammo.
In Jan 2017, get back to me on that with value.

 

[Thenut]

That's called buying.
Regardless, people will invest in what they feel comfortable with.
Small risk = small gains.

the only thing i buy is the premium

silver=money
cash=currency

im converting currency to money

 

[Thenut]

Still small gains.
If you have $5k, may I suggest 5 Russian AK74s (about $3k) and the rest in surplus ammo.
In Jan 2017, get back to me on that with value.

i wonder if the machine gun trust owners will feel the same way about their investment if the shitty gun laws are repealed

 

[Thenut]

That's why I also use inverse ETF's.

etf is scary for me

im old school and in my younger years i opt to be more risk adverse

as i get older and capital grows i will diversify into more risky endeavors

 

[Laufen]

etf is scary for me

im old school and in my younger years i opt to be more risk adverse

as i get older and capital grows i will diversify into more risky endeavors

That is kind of counter conventional wisdom. Usually it's safer to take some gambles when you're young, and start putting funds into more stable investments when you get older.

 

[Laufen]

Still small gains.
If you have $5k, may I suggest 5 Russian AK74s (about $3k) and the rest in surplus ammo.
In Jan 2017, get back to me on that with value.

Might I suggest looking at a 5 and 8 year FAZ chart? Any sort of return to previous highs will make your gain on your guns and ammo look like chicken feed. ETF's are risky, but I can't think of any other investment right now that has the real potential with some big correction turn $500 into $100,000.

 

[Thenut]

That is kind of counter conventional wisdom. Usually it's safer to take some gambles when you're young, and start putting funds into more stable investments when you get older.

true. if you fail it gives you a chance to start over.

but not only is a dollar worth more now today, it has a larger impact

hard to invest 3K versus 30K. what i mean to say is i need more disposable money for investments. at some point i am going to sell alot of my ammo and guns, i figure i will use that to invest with. or put down on a house. probably the best investment honestly

 

[oio]

Might I suggest looking at a 5 and 8 year FAZ chart? Any sort of return to previous highs will make your gain on your guns and ammo look like chicken feed. ETF's are risky, but I can't think of any other investment right now that has the real potential with some big correction turn $500 into $100,000.

Potential to turn $500 into $100k? Sure, very slim chance though, and definitely not a single transaction deal.
Get back to me next January in case I forget to remind you. I did that AK74 investment I mentioned, and I'm curious myself what it will be worth. We'll see. I doubt it's just chicken feed, expect value to at least double. Maybe in less than a year.

 

[Laufen]

Potential to turn $500 into $100k? Sure, very slim chance though, and definitely not a single transaction deal.
Get back to me next January in case I forget to remind you. I did that AK74 investment I mentioned, and I'm curious myself what it will be worth. We'll see. I doubt it's just chicken feed, expect value to at least double. Maybe in less than a year.

It certainly is a single transaction deal. Buy $500 worth of FAZ now, sell later. It's been very good to me. Hell it's up 7% in 3 hours.

 

[Laufen]

Potential to turn $500 into $100k? Sure, very slim chance though, and definitely not a single transaction deal.
Get back to me next January in case I forget to remind you. I did that AK74 investment I mentioned, and I'm curious myself what it will be worth. We'll see. I doubt it's just chicken feed, expect value to at least double. Maybe in less than a year.

Also, at the end of the day I'm not a federally licensed firearms dealer so I can't purchase with intent to sell at a profit. I can legally purchase stocks with the intention of profiting though.

 

[Laufen]

Potential to turn $500 into $100k? Sure, very slim chance though, and definitely not a single transaction deal.
Get back to me next January in case I forget to remind you. I did that AK74 investment I mentioned, and I'm curious myself what it will be worth. We'll see. I doubt it's just chicken feed, expect value to at least double. Maybe in less than a year.

Also, at the end of the day I'm not a federally licensed firearms dealer so I can't purchase with intent to sell at a profit. I can legally purchase stocks with the intention of profiting though.

 

[oio]

It certainly is a single transaction deal. Buy $500 worth of FAZ now, sell later. It's been very good to me. Hell it's up 7% in 3 hours.

I guess it depends on when you invested.
When did you buy?
Statistically, according to etf.com:
Last month up 4.46%
Last year down 18.75%
Last 3 years down 44.57%
But then again, statistically with stocks what goes down must come up.
I may give it a try

 

[Laufen]

I guess it depends on when you invested.
When did you buy?
Statistically, according to etf.com:
Last month up 4.46%
Last year down 18.75%
Last 3 years down 44.57%
But then again, statistically with stocks what goes down must come up.
I may give it a try

The latest round was purchased at about $40 a share. But yeah, it looks pretty abysmal right now if you look at the chart and that's the time I like to buy. The djia has been soldiering on despite reality, but it has to eventually break again. When it does, your 3x inverse etf's are just sitting there skyrocketing in value. Right now ti costs so little to get in the game, I can't imagine it's not worth the gamble.

 

[oio]

The latest round was purchased at about $40 a share. But yeah, it looks pretty abysmal right now if you look at the chart and that's the time I like to buy. The djia has been soldiering on despite reality, but it has to eventually break again. When it does, your 3x inverse etf's are just sitting there skyrocketing in value. Right now ti costs so little to get in the game, I can't imagine it's not worth the gamble.

You should have bought Aug 18th and sold Aug 25th (nice gain there if you look at the chart)

 

[Laufen]

You should have bought Aug 18th and sold Aug 25th (nice gain there if you look at the chart)

Yeah, I had a shot at making a big chunk and I should have pulled the trigger. This little fund is just my home run hitter though.

 

[oio]

Damn it, we need Marty McFly's sports almanac (but I think Biff has it)

 

[Thenut]

ordered a roll of 2016 eagles

i order a roll each year

 

[DoglegArms]

Spot is $13.91. Think it'll drop much more?

 

[dial1911]

Spot is $13.91. Think it'll drop much more?

I have no idea where the bottom may end up being, but that's the lowest I've seen silver since I started following precious metals. (relatively, the hour to hour lows may have fallen ten cents under that number).

I wish I'd known you could buy gold and silver back in about 2004 after I'd been working a real job for a couple years.