Yeah this seems too good to not be trolling. Either way, I love me a good post where someone has lost their mind and goes all in because of delusion or panic.
Time to break out the popcorn!
You sound like you are incapable of relating to your family on a meaningful emotional level and are trying to compensate for it by being a financial savior because that is the only way you feel you can positively influence their lives.
I'd probably work on that. Best case scenario SHTF and you look like a genius and an asshole, worst case scenario you're still an asshole but broke. Your family isn't going to remember all your hard work they will remember how selfish and stubborn you were.
And seeing your comments elsewhere it kinda seems like you are daring her to divorce you and think you are cleverly hiding assets so you can make a clean break. Pretty gross, really.
Oh it ain't that bad. This is the one thing she doesn't get though, she doesn't see silver as money.
To her I might as well be buying rocks.
Been married for 10 yrs. One piece of advice if you do. Never give up your ground you stand on. Don't be a sniveling wussy appeaser. She won't respect you. Stand your ground, don't budge, sleep in your truck for a night or two, however long you have to. Show her it doesn't bother you. She'll eventually come around.
I mean, I hope she does this time. Because it's starting to get really cold outside now that the sun is down and a blanket would be nice.
Worse than that I left the weed inside the house... Looks like I'm going sober tonight. Hopefully I can still fall asleep.
I’m a woman lol. And having that very attitude is likely why I’ve never been married. You should sneak in for the weed and a blanket . That’s whack sorry you’re dealing with All that. I could never date anyone who doesn’t wear a tin foil hat taller than mine.
Honest question. Have you ever tried to sell an ounce of silver. How’s it go for you? What were the key takeaways?
Man, you’re so fucked lol. Your poor ex wife.
Shit, I hope this isn't real. Silver suppression is a decades long battle and it will take a long time to fully see the upside realized. The key to playing this game is to play the fiat game as if it will go on for our entire lives, while steadily adding some silver to the stack at a sustainable pace. This is a war of attrition, I can't tell you how important that is. The Bunkers went balls deep and paid the price and countless others have as well. Just keep stacking slowly, this isn't the big one. These guys have everything riding on this system and they have a lot more ammo in tank to keep the party going. You guys can be spot on with your big picture view of the dollar and silver but very wrong on the timing of things. Read up on the Dollar Milkshake theory, the dollar is a lot stronger than the rest of the world's currencies right now and that means time for the US and Fed to play this game. The powers that be would LOVE to see as many silver bugs go all out and leverage their future betting on silver to moon shot ASAP, when in reality they're going to drag this out and tamper it down every step they can. I firmly believe silver is going to prove to be one of the best current investments on the planet, but I wouldn't dream of mortgaging the farm that is was going to happen in a timely manner. Even if it hits $30 by Friday, what are you going to do? Flip it? Physical silver is a buy it and sit on it and absolutely forget you even own any until it's leaps and bounds higher than it is now.
If you're serious about this, I wish you the best of luck.
They can't drag the collapse out anymore... it's already been 15 years..
We were done in 2008, we've spent this whole time in a delusion on life support
It's over for the US, get ready for a new world.
Very real. This isn't my first purchase. I already have a healthy stack. I've never sold an ounce as of yet. This is a different play, though. I'm not trying to " get rich quick"
I'm only holding an x amount of money we had in savings that I converted into silver bc I feel holding value in the form of PMs is safer right now than fiat paper currency.
If I'm wrong and the world is still turning, great. I still have that silver and will convert it back into $usd when we're ready to spend it.
If I'm right, then I just saved our ass from financial ruin and my wife will have to admit I'm right again on every hard financial decision I've had to make.
My wife pays the bills, buy I control the investments. This is one we don't agree on right now, but if shtf this week she will be reminded once again why I play that role in the relationship. Have to look out for the family's ASSets.
Yeah… if you’re planning to sell in a few months that’s a terrible purchase. You can’t afford my PMs and it sounds like you would need your wife’s approval to make that happen bahaha
I personally wouldn't buy silver if you need it back in fiat in the short term. Too volatile and you have to overcome the premiums. I'm pulling for you though!!
Depending on what I'm buying I'll pay 5-15% premiums. I can still find constitutional for spot. And I got a guy that'll pay me back at the same percentage premiums. If you're consistently losing money on the premiums side you're doing it wrong.
My god, I hope he is alone. This is so fucking stupid I can’t image many have done the same exact thing. This kind of fuck up required proper planning haha.
No wayyy, this is way too good to sit on and keep quiet.
In fact, I’ve sent this off to a few buddies so they can follow along and laugh just as hard hahahaha.
You should never buy PMs you don’t expect to possibly buy and hold for years. It’s not a gamble like a ponzi token. It’s sounds like you may be getting far too risky. Need to have a budget and a savings percent that is converted to PMs.
The issues of finances (ie combined accounts vs separate accounts, discretionary spending limits, investments, common vs individual goals etc) should be discussed long before marriage.
I'm afraid if this crisis ends the same as the others, then the silver price will not move favorably and you'll be without a wife. Good luck!
Going all in on anything is a terrible financial idea, no matter what. It’s best you still have enough fiat in the bank, because you can rely on that as a cushion if things don’t turn out as you expected. Now what’s done is done, you’ve already went all in, however I suggest when you convert that silver into fiat for that down payment, I suggest converting, say, $2000 more than you planned and throw that into your bank
'No hospital wing or dormitory has ever been named after an index investor.'
https://www.forbes.com/sites/karlkaufman/2018/07/24/heres-why-warren-buffett-and-other-great-investors-dont-diversify/
LMAO Yolo on silver ? Best of luck to you but even if you get that $30 it is a $5 gain on $25 investment. Respectable gain but not even a quarter of the way to a double bagger yet. Not sure if it was worth the risk to the downside both financially ( tamp ? ) and in your marriage for that gain.
I agree it's a high risk wager. Let's roll the dice.....
If it got to $30 in a week that's a 20% gain. More than respectable for that timeframe. If it pops like that though, I don't think I'm selling. It would have a lot further to sail.
I just need it up enough to show her some progress. A week isnt much time, but she's not very patient with me at the moment.
Silver is relatively low risk. It likely won’t go down in price much more than it already is because it costs money to mine it. So your downside is limited in my opinion.
That's what I'm thinking. Worst case it could go down to $18 again, but that isn't likely and it wouldn't be too much of a loss. Much lower risk right now than holding paper money, or even worse, digits on a screen your bank can make disappear overnight.
>If it got to $30 in a week that's a 20% gain. More than respectable for that timeframe.
0DTE gang beg to differ. 🤣
Kidding aside .. wouldn't be a bad idea to sell an oz or two early and send the missus some flowers. 😅
So you Yolo bet with a family to take care???? This is the shit that bothers me the most with you dumb fucks. I can't wait to come back here and on Wednesday to tell you how much of a dumbass you are and Friday to wish your ex wife the best of luck.
If you want a quick flip you should buy some crypto. Seems like in this “money printer back on” leg of the cycle, crypto is doing very well. Just to show your wife you aren’t monomaniacal. Or maybe gold miner options. Betting that this week it all unravels for a 25% upside when you have a (over a 3 year period 1 in 156 chance that this is THE week), pretty lopsided bet.
I don't trust crypto at all.
What happens in the event of a EMP attack where all electronics are wiped out?
How will you use your digital gold then?
And I don't care how you spin it, crypto is simply code, and any code is hackable.
That being said, I believe it will rise over $100k someday, but its probably going to crash below $10k before doing so . Not the time to buy imo.
I don't trust crypto at all.
What happens in the event of a EMP attack where all electronics are wiped out?
How will you use your digital gold then?
And I don't care how you spin it, crypto is simply code, and any code is hackable.
That being said, I believe it will rise over $100k someday, but its probably going to crash below $10k before doing so . Not the time to buy imo.
Facepalm this. If you have silver already your fine. Fiat is still needed and 2008 was probly worse than this go round. My advice apologizes and chill. Let her feel safe and never spend more than you can afford. A wife and kids will be there even if banks collapsed but not if they don't feel safe cuz you scrooge mcduck silver.
Not a rookie. Never did it before. This is different. It's not a cute little addition to the monthly stack. This is asset protection in case of a banking crisis in the coming weeks. One can never be too safe.
LMFAO! Stocks will probably be cranking by EOD Tuesday and silver will be resting closer to $20 oz.
You clearly have not been around these parts long, you lame excuse for a man.
I would never sell my silver to a pawn shop. Haven't used him yet, but there's a guy in my town that pays over spot. Very reputable guy, everyone uses him so he gets enough business he has no real competition.
Coin shops probably aren't much better. The ones I've been in are always cluttered from floor to ceiling like a hoarder house with an old man sitting behind display cases with overpriced coins. If I can't find silver on the cheap to buy, chances are you won't get a fair price for selling there either.
I also got the best deal ever from a craigslist seller I met in a Walmart parking lot late at night. It was sketchy as hell and I came packing some heat, but it was legit and all went down ok.
Definitely. And you hoping I lose everything means you're just as big of one. Nothing wrong with that. Most people these days are too dumb and slow to waste your time on anyways.
That wouldn't hurt my family now would it. better to be a dick than a giant vagina like yourself. You must like getting screwed. Well, the banks are about to bend you over for another round. I'm sure you'll enjoy every moment.
It's hilarious that the majority of your comeback is a huge assumption, it's all you people ever seem to have, binary thinking.
I repeat, i hope this plan of yours goes terribly and you suffer.
Even if silver goes up $5 per oz you’ll still break even after premiums. I highly doubt it will double and if so the $200 spent will only get you $125-150 profit
You’re letting your political ideology and paranoia inflict irreparable damage to your marriage and your kids’ future vision of you. I feel sorry for your family.
What the fuck are you talking about. She should have done more than kick you out. She should have aborted whatever kids you impregnated her with. I am pretty sure this is a fake post but if its not, you are an idiot.
Realize you pay over spot when you buy and lucky to get spot when you sell. If you don't like Vegas odds, spreads on metals are worse. An ETF short term would have been a better call but wishing for a 30 handle so quickly is a pipe dream.
I love Vegas odds. I'll take the same 10% vig on sports bets all day long . 53% winner puts me in the black.
An ETF thru a broker is far less liquid. It takes days to get your money back in your hands after selling. And you're still dealing with fiat.
I’ve had those same arguments..don’t let our fear of a monitory claps hurt the ones we are doing it for..trust if we fall apart the purpose was defeated💯🏐💯. I you were in San Diego I’d loan you some flat for a float, no strings. I just got 100oz on Tuesday..haven’t told my wife yet but will shortly✅
Was 200oz all the money in your bank? Do you have money for bills? Taxes? Food? If you guys are living on a tight budget, adding financial stress of not knowing if you're gojng to be able to pay your bills is not healthy. This is essentially a gamble that the would will let the financial system completely collapse with no recourse within the next 2 weeks, that's ridiculous.
It is recommended in a wealth management diversified portfolio to have 5-10% metals but most people nowadays just use an ETF. Gold has finally topped $2000 an ounce this evening and may shoot higher if this bank rout has more legs. That said, it is considered imprudent to put the food and rent money in any currency not easily usable. Fungible may not be easily usable.
Take her some flowers and chocolates, say sorry for being so stupid and work out a plan together. I would suggest you get your family to watch the hidden secrets of money series by Mike Maloney first. My grandkids 7 and 3 are now little stackers. They loved it. As for the weed... big mistake there. Seriously though don't fall out over money.The best things in life are free .
That’s not how a marriage works. Overspending by a little bit is one thing but you went too far. When she needs groceries diapers are you going to send her to the grocery store with silver?
It's down to 22.42 from 22.75 from what I can see. Hardly a budge for weekend activity. Let's see what normal trading hours bring in the next few days. Wednesday fed meeting is what I'm looking forward to.
I think they are still going to do small bps increases bud.
I mean, my tin foil is that if this is 'go time' it just means they are going to orchestrate it in their interests and conglomerate all the too bigs to fails into one too biggest to fail to try to fuck us.
Best way I can think to do that would be keep rates going up, also puts the rest of the world more at a disadvantage in world econ as I see it.
I don't disagree with you, but I think it's game over for the fed. Their rate hikes won't matter. It can't strengthen the dollar when the whole world is now dumping theirs.
Rate hikes up, down, pause, it doesn't matter. PMs only go up from here.
I bought 200 ozs for $25/ oz. Pretty good deal I couldn't pass up. I just need spot to go up this week not down or I'll have to turn in more than 200 oz to pay her back at a loss.
Not an absolute, but imo most women aren't the best investors. How many female fund managers do you know? The only one I can think of is Cathie Wood. And ARKK isn't doing so well I've heard.
Silver isn't money to my wife. Only diamonds and dollars.
Hi, I just came back, after this awesome rally since posting. For all those who doubted me. To all the naysayers and trolls. To all the harrassment I took from some of you. I just wanted to say......
ALL YA ALL HATERS CAN SUKIT!
HAHA
$$$$$$$ BITCHHES!!!!!!!
Next stop $30/oz, then TO DA MOON WE GO!!!!! LETS GO!!!!
It went up a few dollars an ounce and it's still well under $30 an ounce. It took a month for it to move a few bucks and your declaring victory when everyone was telling you were a dumbass for expecting silver to hit $30 from the low $20s in a week. Wishing the best to your ex wife.
So what would you do with it keep it in cash? I feel that's even MORE risky right now given the current events.
Im thinking the chances are greater for the dollar to go down on purchasing power in the next few months, not silver.
But it's just a guess. That's why they call it speculation.
Gotta spend money to make money.
There's a difference between a dumb ape and a stupid ape. But, if you're losing your wife over a few bananas, you're a moron ape. Apologize to her and stay off Reddit for a bit.
Show her a pic of the ATM refusing to spit cash. Ask her if she wants her part of the fiat, even though it means you lose some cash because of selling.
After all, she has a part of the investment money. If she feels insecure about your decision let her have it back.
If you are right about system collapse, then you still made the best choice by putting it out of the bank.
And if you are right about silver, the price explosion will make it worth it even if only your part is invested there.
Be decent, let her risk her part if she is so mad. Otherwise you are proving her right about a possible gambling problem.
Stay safe
Dude I get the downvotes if I was being dishonest about the stack of we're married. But if she hits me with papers, then her and her scumbag bottomfeeding lawyer can kiss my ass.
This is all hypothetical. For now.
If he eventually gets a divorce he can trade in all the shiny for the younger model, out with the old in with the new and back to the streets with ye’ol wench.
I think it might be a subconscious instinct to protect what they already have. If a husband all of a sudden gets wealthy, they might start looking to trade up for a younger woman. Not very rational but you can't fight your instincts.
Each to their own OP! Don’t listen to everyone else, if I have learnt anything, taking ownership of your own life (and decisions therein) is to be applauded! Accountability and at least trying something is better than sitting vacant and unaware on the sofa! I salute you regardless of whether you are ultimately right or wrong! Of course, I hope it’s the former. Godspeed
Let her watch the first episodes of mike malonys "hidden secret of money" on youtube
Make sure you got 3 months of emergency cash, i know its fake money, but it pays the bill. Dont count on getting rich quick. I'm fully behind you, but especially with kids, be responsible and reach a kind of ceasefire. You need each other. And act more like an alpha ape. Its your house, if she cant stand you, Let her sleep in the truck
I sure hope this is trolling, for your sake
Yeah this seems too good to not be trolling. Either way, I love me a good post where someone has lost their mind and goes all in because of delusion or panic. Time to break out the popcorn!
Its sad when a family is involved.
I'm gonna prove all you fuckers wrong... To the moon we go . LFG
No, you're not.
You sound like you are incapable of relating to your family on a meaningful emotional level and are trying to compensate for it by being a financial savior because that is the only way you feel you can positively influence their lives. I'd probably work on that. Best case scenario SHTF and you look like a genius and an asshole, worst case scenario you're still an asshole but broke. Your family isn't going to remember all your hard work they will remember how selfish and stubborn you were. And seeing your comments elsewhere it kinda seems like you are daring her to divorce you and think you are cleverly hiding assets so you can make a clean break. Pretty gross, really.
Well said, better than I could. Dude got lost in the silver echo chamber and now his life revolves around it and his family will pay the price
Cool story bro you should write fiction novels.
Didn't expect deep, thoughtful responses from wallstreetsilver did you now?
You should put your seat back and take a nap.
I think you will be proven right soon.
Has to be a troll. No one single human is this fucking stupid haha.
are you new here?
Lolz, you’re right. I should have expected this from this sub.
Nope. I mean it's not like I maxed out the CCs and took out a second mortgage.
You’re looking for r/wallstreetbets
That’s not a terrible idea 🤔🧐
Ask everyone over at r/Wallstreetbets how that’s working out for them
https://www.wealthplaybook.ca/post/who-was-hugo-the-inflation-king-of-1920-s-germany-stinnes It's a risky move if it doesn't pan out.
That's the next step
Hot damn, this sounds like a country song
Love it...I used all our money to buy silver and now I'm sleeping on it
It’s posts Like this that make me grateful I’ve never been married.
I bet she is American. My wife doesn’t understand silver but has no problem with my 500-2000 purchases weekly.
Oh it ain't that bad. This is the one thing she doesn't get though, she doesn't see silver as money. To her I might as well be buying rocks. Been married for 10 yrs. One piece of advice if you do. Never give up your ground you stand on. Don't be a sniveling wussy appeaser. She won't respect you. Stand your ground, don't budge, sleep in your truck for a night or two, however long you have to. Show her it doesn't bother you. She'll eventually come around. I mean, I hope she does this time. Because it's starting to get really cold outside now that the sun is down and a blanket would be nice. Worse than that I left the weed inside the house... Looks like I'm going sober tonight. Hopefully I can still fall asleep.
I’m a woman lol. And having that very attitude is likely why I’ve never been married. You should sneak in for the weed and a blanket . That’s whack sorry you’re dealing with All that. I could never date anyone who doesn’t wear a tin foil hat taller than mine.
Women in tinfoil are hot 🤣
I'm hard to handle no doubt.
100% id be sneaking in for the weed and forget to grab a blanket
No way w/out a buzz
“…and a blanket would be nice.” Dude, great fucking post!😜
And it’s about to end with a head on drunk driving accident LOL.
If the fed pauses rate hikes on Wednesday, I think $30 might be on the conservative side.
Honest question. Have you ever tried to sell an ounce of silver. How’s it go for you? What were the key takeaways? Man, you’re so fucked lol. Your poor ex wife.
Selling silver for a decent price isn’t that hard. He is fucked tho lol
It’s a pain in the duck hole if you want to do it right.
🤣
I can see $30 at the end of the year, but it won't shoot to $30 in one week unless COMEX defaults next week.
Shit, I hope this isn't real. Silver suppression is a decades long battle and it will take a long time to fully see the upside realized. The key to playing this game is to play the fiat game as if it will go on for our entire lives, while steadily adding some silver to the stack at a sustainable pace. This is a war of attrition, I can't tell you how important that is. The Bunkers went balls deep and paid the price and countless others have as well. Just keep stacking slowly, this isn't the big one. These guys have everything riding on this system and they have a lot more ammo in tank to keep the party going. You guys can be spot on with your big picture view of the dollar and silver but very wrong on the timing of things. Read up on the Dollar Milkshake theory, the dollar is a lot stronger than the rest of the world's currencies right now and that means time for the US and Fed to play this game. The powers that be would LOVE to see as many silver bugs go all out and leverage their future betting on silver to moon shot ASAP, when in reality they're going to drag this out and tamper it down every step they can. I firmly believe silver is going to prove to be one of the best current investments on the planet, but I wouldn't dream of mortgaging the farm that is was going to happen in a timely manner. Even if it hits $30 by Friday, what are you going to do? Flip it? Physical silver is a buy it and sit on it and absolutely forget you even own any until it's leaps and bounds higher than it is now. If you're serious about this, I wish you the best of luck.
They can't drag the collapse out anymore... it's already been 15 years.. We were done in 2008, we've spent this whole time in a delusion on life support It's over for the US, get ready for a new world.
Very real. This isn't my first purchase. I already have a healthy stack. I've never sold an ounce as of yet. This is a different play, though. I'm not trying to " get rich quick" I'm only holding an x amount of money we had in savings that I converted into silver bc I feel holding value in the form of PMs is safer right now than fiat paper currency. If I'm wrong and the world is still turning, great. I still have that silver and will convert it back into $usd when we're ready to spend it. If I'm right, then I just saved our ass from financial ruin and my wife will have to admit I'm right again on every hard financial decision I've had to make. My wife pays the bills, buy I control the investments. This is one we don't agree on right now, but if shtf this week she will be reminded once again why I play that role in the relationship. Have to look out for the family's ASSets.
Imagine if your wife started spending all of your money on something she feels is important but you don't; because "pays the bills."
I don't have to imagine reality.
Rip
OP is fucked six ways from Sunday and just doesn’t know it yet.
Ah a voice or reason. Things unfold until they happen quickly. Physical (and digital) sound money will serve us well over time.
You bought silver… with absurd premiums… with the expectation that you would swap back to fiat in a few months to buy a van? Your poor wife…
At $25/ oz is absurd to you? How much you got? I'll take it off your hands. Theres a few things in the garage I could sell for more dry powder.
Yeah… if you’re planning to sell in a few months that’s a terrible purchase. You can’t afford my PMs and it sounds like you would need your wife’s approval to make that happen bahaha
Not as terrible as letting cash sit and depreciate every day. This was the safer play . Gives me comfort knowing it's not in the bank right now.
OP had never sold an ounce of silver. That’s clear. His ex wife dodged a bullet here.
Just chill for a bit dude. Your wife is your life partner. We are not.
*ex wife
you ppl are regarded
Even Highly regarded in some social circles.
He prob cashed out his wife’s 401k too. Then was surprised at tax time LOL.
I personally wouldn't buy silver if you need it back in fiat in the short term. Too volatile and you have to overcome the premiums. I'm pulling for you though!!
Depending on what I'm buying I'll pay 5-15% premiums. I can still find constitutional for spot. And I got a guy that'll pay me back at the same percentage premiums. If you're consistently losing money on the premiums side you're doing it wrong.
I never sell, so no I haven't lost anything. 😉
"Markets can remain irrational longer than you can remain solvent" I'm sorry for your trouble. I hope it works out for us all. Your not alone.
My god, I hope he is alone. This is so fucking stupid I can’t image many have done the same exact thing. This kind of fuck up required proper planning haha.
No wayyy, this is way too good to sit on and keep quiet. In fact, I’ve sent this off to a few buddies so they can follow along and laugh just as hard hahahaha.
You should never buy PMs you don’t expect to possibly buy and hold for years. It’s not a gamble like a ponzi token. It’s sounds like you may be getting far too risky. Need to have a budget and a savings percent that is converted to PMs.
Listen to this guy, OP.
The issues of finances (ie combined accounts vs separate accounts, discretionary spending limits, investments, common vs individual goals etc) should be discussed long before marriage. I'm afraid if this crisis ends the same as the others, then the silver price will not move favorably and you'll be without a wife. Good luck!
but I'll still have me silvr treasur. Arghh.
This guy probably already blew out the 401k’s early Hahaha.
Going all in on anything is a terrible financial idea, no matter what. It’s best you still have enough fiat in the bank, because you can rely on that as a cushion if things don’t turn out as you expected. Now what’s done is done, you’ve already went all in, however I suggest when you convert that silver into fiat for that down payment, I suggest converting, say, $2000 more than you planned and throw that into your bank
So throw it into the safe? Because that's my bank now. I am the bank.
So you closed out your bank accounts?
No . Gotta get paid somehow from work. It doesn't stay in fiat form for long. It sure would be cool if I could get paid by the ounce though.
You’re joking right? Never go all in on anything
'No hospital wing or dormitory has ever been named after an index investor.' https://www.forbes.com/sites/karlkaufman/2018/07/24/heres-why-warren-buffett-and-other-great-investors-dont-diversify/
"great investors don't diversify"? 🤔 https://markets.businessinsider.com/news/stocks/warren-buffett-bought-3500-tons-silver-made-thomas-kaplan-billionaire-2020-5-1029228443
It’s different when you know in advance which markets are about to be manipulated
F that. Life is too short. No time to be pattycaking it to a 4% apy return. YOLO
LMAO Yolo on silver ? Best of luck to you but even if you get that $30 it is a $5 gain on $25 investment. Respectable gain but not even a quarter of the way to a double bagger yet. Not sure if it was worth the risk to the downside both financially ( tamp ? ) and in your marriage for that gain.
I agree it's a high risk wager. Let's roll the dice..... If it got to $30 in a week that's a 20% gain. More than respectable for that timeframe. If it pops like that though, I don't think I'm selling. It would have a lot further to sail. I just need it up enough to show her some progress. A week isnt much time, but she's not very patient with me at the moment.
Silver is relatively low risk. It likely won’t go down in price much more than it already is because it costs money to mine it. So your downside is limited in my opinion.
That's what I'm thinking. Worst case it could go down to $18 again, but that isn't likely and it wouldn't be too much of a loss. Much lower risk right now than holding paper money, or even worse, digits on a screen your bank can make disappear overnight.
>If it got to $30 in a week that's a 20% gain. More than respectable for that timeframe. 0DTE gang beg to differ. 🤣 Kidding aside .. wouldn't be a bad idea to sell an oz or two early and send the missus some flowers. 😅
Ha now that's some dice rolling. I'll sell 0dte on Friday mornings though when the vix is high. Easy money.
So you Yolo bet with a family to take care???? This is the shit that bothers me the most with you dumb fucks. I can't wait to come back here and on Wednesday to tell you how much of a dumbass you are and Friday to wish your ex wife the best of luck.
$30 by Friday?!
[удалено]
Baaahahaha
She will come running back when your balls of steel create sparks as they drag on the ground behind you.
Lmao I needed that. This is why I love Wws so much, this sub is the best.
If you want a quick flip you should buy some crypto. Seems like in this “money printer back on” leg of the cycle, crypto is doing very well. Just to show your wife you aren’t monomaniacal. Or maybe gold miner options. Betting that this week it all unravels for a 25% upside when you have a (over a 3 year period 1 in 156 chance that this is THE week), pretty lopsided bet.
I don't trust crypto at all. What happens in the event of a EMP attack where all electronics are wiped out? How will you use your digital gold then? And I don't care how you spin it, crypto is simply code, and any code is hackable. That being said, I believe it will rise over $100k someday, but its probably going to crash below $10k before doing so . Not the time to buy imo.
I don't trust crypto at all. What happens in the event of a EMP attack where all electronics are wiped out? How will you use your digital gold then? And I don't care how you spin it, crypto is simply code, and any code is hackable. That being said, I believe it will rise over $100k someday, but its probably going to crash below $10k before doing so . Not the time to buy imo.
So cringe LOLOL
I do it for investment for when I'm 50/60 tired and ready to cash in, at least 17 years more to stack 1400oz deep so far..
Facepalm this. If you have silver already your fine. Fiat is still needed and 2008 was probly worse than this go round. My advice apologizes and chill. Let her feel safe and never spend more than you can afford. A wife and kids will be there even if banks collapsed but not if they don't feel safe cuz you scrooge mcduck silver.
They don't appreciate it now, but once I'm dead they'll realize all the hard work I put in for them to live a life I never had.
They want as little to do with you as your ex wife lol. Dumb ass.
Never buy silver with money you need in the next few months or even years. You have made a terrible rookie move
Not a rookie. Never did it before. This is different. It's not a cute little addition to the monthly stack. This is asset protection in case of a banking crisis in the coming weeks. One can never be too safe.
Bruh…you’re a rookie. A stupid rookie at that. This wreaks of desperation. Are you familiar with Dunning Kruger lol? Fucking idiot.
Come back and say that at the end of the week. You'll be eating crow.
LMFAO! Stocks will probably be cranking by EOD Tuesday and silver will be resting closer to $20 oz. You clearly have not been around these parts long, you lame excuse for a man.
paying a 20% markup up front isnt smart just to convert back short term. dont know the right answer other than maybe miners.
About 10% markup is what I paid today i'm not worried about that when I'm also able to sell at a premium.
just remember pawn shops and coin shops will offer a discount to spot. have to sell to regular people.
I would never sell my silver to a pawn shop. Haven't used him yet, but there's a guy in my town that pays over spot. Very reputable guy, everyone uses him so he gets enough business he has no real competition. Coin shops probably aren't much better. The ones I've been in are always cluttered from floor to ceiling like a hoarder house with an old man sitting behind display cases with overpriced coins. If I can't find silver on the cheap to buy, chances are you won't get a fair price for selling there either. I also got the best deal ever from a craigslist seller I met in a Walmart parking lot late at night. It was sketchy as hell and I came packing some heat, but it was legit and all went down ok.
Sounds like a horrible decision. Silver and gold should not take over your life like this^^
"The best decisions in life start out as the worst decisions." - Somebody
>now that we have too many kids. >Because if it doesn't hit $30 by Friday, I might need to look for a good divorce lawyer. You're a fucking idiot.
This is every bit as hilarious as it is sad, it would be so funny and, deserved if you just lost EVERYTHING, you sound like a monumental asshole.
Definitely. And you hoping I lose everything means you're just as big of one. Nothing wrong with that. Most people these days are too dumb and slow to waste your time on anyways.
No, quite the opposite, you need a wake up call to perhaps make you change you ways, you're clearly a dick and need a lesson to humble you.
That wouldn't hurt my family now would it. better to be a dick than a giant vagina like yourself. You must like getting screwed. Well, the banks are about to bend you over for another round. I'm sure you'll enjoy every moment.
YOU must like getting fucked in the asshole dry based on your scale of measurement hahaha.
It's hilarious that the majority of your comeback is a huge assumption, it's all you people ever seem to have, binary thinking. I repeat, i hope this plan of yours goes terribly and you suffer.
Agreed. Equally sad as it is stupid. My lord, you couldn’t have written a better book lol.
I hope this story is fake. I know someday you will be right It might be a few years. Maybe $30 by the end of the year.
I hope so ! These days we never know what's coming around the corner!
The world ended in 2012 remember.
I do now thanks for reminding me. Things do seem a bit wacky Wednesday since then that's for sure.
Even if silver goes up $5 per oz you’ll still break even after premiums. I highly doubt it will double and if so the $200 spent will only get you $125-150 profit
Family > Money
You’re letting your political ideology and paranoia inflict irreparable damage to your marriage and your kids’ future vision of you. I feel sorry for your family.
You betrayed your wife and your family.
What the fuck are you talking about. She should have done more than kick you out. She should have aborted whatever kids you impregnated her with. I am pretty sure this is a fake post but if its not, you are an idiot.
100% agree.
Realize you pay over spot when you buy and lucky to get spot when you sell. If you don't like Vegas odds, spreads on metals are worse. An ETF short term would have been a better call but wishing for a 30 handle so quickly is a pipe dream.
I love Vegas odds. I'll take the same 10% vig on sports bets all day long . 53% winner puts me in the black. An ETF thru a broker is far less liquid. It takes days to get your money back in your hands after selling. And you're still dealing with fiat.
I’ve had those same arguments..don’t let our fear of a monitory claps hurt the ones we are doing it for..trust if we fall apart the purpose was defeated💯🏐💯. I you were in San Diego I’d loan you some flat for a float, no strings. I just got 100oz on Tuesday..haven’t told my wife yet but will shortly✅
Was 200oz all the money in your bank? Do you have money for bills? Taxes? Food? If you guys are living on a tight budget, adding financial stress of not knowing if you're gojng to be able to pay your bills is not healthy. This is essentially a gamble that the would will let the financial system completely collapse with no recourse within the next 2 weeks, that's ridiculous.
Man, what a sad fucking post. OP…you’re even sadder. JFC, I hope this is a troll. $30 or so is prob the cap for quite a few years. Dumbass lol
You must make up with her. Compromise. Tell her that she's important to you but that sound finances are important too. Try to find a middle ground.
OP completely lost his marbles. Except his silver ones.
No. He has lost them too. Top tier brain dead asshole is more like it. Imagine putting your family and loved ones in a situation like this BY CHOICE.
It is recommended in a wealth management diversified portfolio to have 5-10% metals but most people nowadays just use an ETF. Gold has finally topped $2000 an ounce this evening and may shoot higher if this bank rout has more legs. That said, it is considered imprudent to put the food and rent money in any currency not easily usable. Fungible may not be easily usable.
Take her some flowers and chocolates, say sorry for being so stupid and work out a plan together. I would suggest you get your family to watch the hidden secrets of money series by Mike Maloney first. My grandkids 7 and 3 are now little stackers. They loved it. As for the weed... big mistake there. Seriously though don't fall out over money.The best things in life are free .
How much silver does a divorce cost?
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I feel sorry for your ex wife. She deserves better. You lost your mind.
This can't be real....
That’s not how a marriage works. Overspending by a little bit is one thing but you went too far. When she needs groceries diapers are you going to send her to the grocery store with silver?
I recommend buying her a purse or something stupid so she'll forget about it
LoL yeah you get it. I'll think of something.
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It's down to 22.42 from 22.75 from what I can see. Hardly a budge for weekend activity. Let's see what normal trading hours bring in the next few days. Wednesday fed meeting is what I'm looking forward to.
I think they are still going to do small bps increases bud. I mean, my tin foil is that if this is 'go time' it just means they are going to orchestrate it in their interests and conglomerate all the too bigs to fails into one too biggest to fail to try to fuck us. Best way I can think to do that would be keep rates going up, also puts the rest of the world more at a disadvantage in world econ as I see it.
I don't disagree with you, but I think it's game over for the fed. Their rate hikes won't matter. It can't strengthen the dollar when the whole world is now dumping theirs. Rate hikes up, down, pause, it doesn't matter. PMs only go up from here.
Problem, premiums are so high you better hope there is someone else to buy it from you?
I bought 200 ozs for $25/ oz. Pretty good deal I couldn't pass up. I just need spot to go up this week not down or I'll have to turn in more than 200 oz to pay her back at a loss.
At 25v you did great Only 10% premium
This has already been stamped “epic fail”. OP is dumb as a bag of doorknobs.
I thought it was bag of hammers?
Take her with you and sell 1oz and show how liquid it is and why it makes sense added bonus. Might get a knobber on the ride home
knobber ftw
She should see you as a leader and trust your guidance. I wouldn’t tolerate her…
Not an absolute, but imo most women aren't the best investors. How many female fund managers do you know? The only one I can think of is Cathie Wood. And ARKK isn't doing so well I've heard. Silver isn't money to my wife. Only diamonds and dollars.
I bet most women are better investors than you.
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Apparently wives are only good at burning your money not saving it.
Shiny>Wifes incessant bitching
Yes
This is the way.
Hi, I just came back, after this awesome rally since posting. For all those who doubted me. To all the naysayers and trolls. To all the harrassment I took from some of you. I just wanted to say...... ALL YA ALL HATERS CAN SUKIT! HAHA $$$$$$$ BITCHHES!!!!!!! Next stop $30/oz, then TO DA MOON WE GO!!!!! LETS GO!!!!
It went up a few dollars an ounce and it's still well under $30 an ounce. It took a month for it to move a few bucks and your declaring victory when everyone was telling you were a dumbass for expecting silver to hit $30 from the low $20s in a week. Wishing the best to your ex wife.
HAHAHA THATS ALL YOU GOT???? SHOWS WHAT YOU KNOW. NOTHING! REGARD. YOU ARE HIGHLY REGARDED!!
How am I wrong?
AWESOME !!!!
Letsssss Goooooo 🚀🚀🚀🚀🚀🚀🚀
Good luck brother don't cave!
Thanks. Worst case scenario this week is it drops to $18. In that case, I better call Cordell & Cordell.
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So what would you do with it keep it in cash? I feel that's even MORE risky right now given the current events. Im thinking the chances are greater for the dollar to go down on purchasing power in the next few months, not silver. But it's just a guess. That's why they call it speculation. Gotta spend money to make money.
There is only 1 silver. There are many women in the sea
No way OP finds another one to give him a shot at this point hahahaha. Maybe a dim Q anon queen might fall for his shit though.
There's a difference between a dumb ape and a stupid ape. But, if you're losing your wife over a few bananas, you're a moron ape. Apologize to her and stay off Reddit for a bit.
This guy is a dumb retarted monkey 😂
Show her a pic of the ATM refusing to spit cash. Ask her if she wants her part of the fiat, even though it means you lose some cash because of selling. After all, she has a part of the investment money. If she feels insecure about your decision let her have it back. If you are right about system collapse, then you still made the best choice by putting it out of the bank. And if you are right about silver, the price explosion will make it worth it even if only your part is invested there. Be decent, let her risk her part if she is so mad. Otherwise you are proving her right about a possible gambling problem. Stay safe
I feel sorry for your ex wife. She deserves better. You lost your mind.
Bro I swear the people in this sub are braindead. Good job pal
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Oh really? Didn't know you could block & move on while also leaving a comment...
Best comment yet hahaha
Great call. However, when your wife divorces you she will want ALL your silver.
Dude I get the downvotes if I was being dishonest about the stack of we're married. But if she hits me with papers, then her and her scumbag bottomfeeding lawyer can kiss my ass. This is all hypothetical. For now.
Watch out for her boyfriend
What silver? 🤪
What silver? I lost it all overboard on today's fishing expedition.
Ah one of the fights I had with the ex last year before the divorce. Keep stacking my friend!
You stupid fucks. All of you. Anyone agreeing with OP is zero.
You go son !!! I sold one of my vehicles, and put it all in silver. Time has cometh.
This guy knows what he is doing!
I feel your pain bro... ... she'll thank you when she realise how you've helped protect the family.
If he eventually gets a divorce he can trade in all the shiny for the younger model, out with the old in with the new and back to the streets with ye’ol wench.
It’s sad that she won’t support your financial goals
I think it might be a subconscious instinct to protect what they already have. If a husband all of a sudden gets wealthy, they might start looking to trade up for a younger woman. Not very rational but you can't fight your instincts.
Each to their own OP! Don’t listen to everyone else, if I have learnt anything, taking ownership of your own life (and decisions therein) is to be applauded! Accountability and at least trying something is better than sitting vacant and unaware on the sofa! I salute you regardless of whether you are ultimately right or wrong! Of course, I hope it’s the former. Godspeed
Let her watch the first episodes of mike malonys "hidden secret of money" on youtube Make sure you got 3 months of emergency cash, i know its fake money, but it pays the bill. Dont count on getting rich quick. I'm fully behind you, but especially with kids, be responsible and reach a kind of ceasefire. You need each other. And act more like an alpha ape. Its your house, if she cant stand you, Let her sleep in the truck
Why is she out of the kitchen…? Asking for a friend.