Investing In Silver

[Jestik]

You're selling a cheap ($14/oz), common, known valued commodity that can be bought literally anywhere for 60-80% above market?

Congrats!

Thanks, though I think you meant that as an insult.

 

[yukonjack]

I'm not fond of being called a liar. Also, why would I lie on here?

I've got buyers that do not have the time/patience to get precious metals on their own. They also do not like to use credit cards or deal with the hassle of trying to purchase silver online. I do all of the legwork and financing up front for them, and then accept payments over time until their debt is paid off. It involves some "hustling" on my part...the hard work kind, not the ripping people off kind.

I've never bought a single ounce of metal online or used a credit card to do the same. 4 days a week you can walk into Browns Coins, pay cash and leave without any hassle. And get it at just above spot.

 

[nofearfactor]

You're selling a cheap ($14/oz), common, known valued commodity that can be bought literally anywhere for 60-80% above market?

Congrats!

[Broken External Image]

 

[Jestik]

I've never bought a single ounce of metal online or used a credit card to do the same. 4 days a week you can walk into Browns Coins, pay cash and leave without any hassle. And get it at just above spot.

Well don't tell my clients about that! But in all seriousness, one of the guys I sell to goes to a coin store on the regular, or at least he did. I'm upfront with what I am doing, and they know that I am making a profit for my efforts.

 

[JD8]

Well don't tell my clients about that! But in all seriousness, one of the guys I sell to goes to a coin store on the regular, or at least he did. I'm upfront with what I am doing, and they know that I am making a profit for my efforts.

So basically, you claim to have a secret group of insanely stupid "clients?"

 

[Jestik]

Back on topic....

Here is the best deal I could find on silver at the moment.

http://www.providentmetals.com/prov...um=compare+silver&utm_campaign=compare+silver

I've got 75 of these rounds already. They do look nice.

 

[John64]

I will stick with Morgan silver dollars.

 

[Jestik]

I will stick with Morgan silver dollars.

Old authentic ones, or the new silver rounds that are made to look like them, but contain 1oz of .999 silver?

 

[John64]

Old school all the way. Also walking liberty half dollars.

 

[Ace_on_the_Turn]

So basically, you claim to have a secret group of insanely stupid "clients?"

Clients that don't want to "bother" with buying silver at anywhere near market price, so instead pay an enormous markup. A markup that's like walking into a coin store with 5 twenty dollar bills, buying $60 worth of silver and tearing up two twenties. May be the stupidest "investors" on the planet. But, there is the bit about basically financing the clients purchases, so maybe he's more of a loan shark than a silver seller.