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Old 06-27-2016, 11:23 AM  
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Old 10-03-2021, 08:58 PM   #11611
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When you shake the safe, does it sound like it's full of paper money, precious metals, or jewels?
I don't know anyone big enough to shake it, but when you flip it over it kind of sounds like a there's a medium sized human foot in it. No smell though, so I'm imagining a money bag full of silver certificates. It's probably just the shelf moving.

The local locksmith tells me he can get into it with a little time and my neighbor wants to blow it up like Butch and Sundance, but so far I have resisted doing either.
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Old 10-03-2021, 09:08 PM   #11612
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Anybody here into physical precious metals? I'm intrigued by the stacks these guys have. https://www.reddit.com/r/Wallstreetsilver/top/
Probably not what you had in mind, but today a young cashier handed me a few coins as change. One of which was a dime that anyone should be able to see was silver even with just a glance. I just dropped it into a jar that eventually gets poured into the "junk silver" box in the safe.

Anyone who works a retail register should really take the time to learn a little about coins.
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Old 10-04-2021, 01:01 AM   #11613
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Probably not what you had in mind, but today a young cashier handed me a few coins as change. One of which was a dime that anyone should be able to see was silver even with just a glance. I just dropped it into a jar that eventually gets poured into the "junk silver" box in the safe.

Anyone who works a retail register should really take the time to learn a little about coins.
Very cool. I have a few dollars worth of old Canadian coins (only 80% compared to the US 90%), and you really can tell a difference in the look and feel.

Reading more into that subreddit, there are thousands of people convinced that silver is severely undervalued right now thanks to manipulation from the commodities exchange. It's an interesting idea, but I've also read of the Hunt brothers who tried to squeeze the silver market.

All that to say - everyone can feel free to send their silver to me.
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Old 10-04-2021, 07:21 AM   #11614
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Yeah. I’ll join Pointer as a charity case.

A couple points:

1. The Hunts DID squeeze the market. Then they got their pussies wrecked when it came unwound.

2. Just disregard all that shit. Go back and look at posts here from 08-09ish. I think there was a thread in DC about goldbugs or something. People were insane. There were commercials everywhere. It was a joke. And it crashed. Metals are, and have been since we went off the gold standard, are an industrial input commodity. End.
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Old 10-04-2021, 08:19 AM   #11615
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I bought in in March 2020 after the markets went down and have made a nice chunk of change. I’m concerned about inflation and it seems like rates will need to be increased soon.

Is it time to sell?
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Old 10-04-2021, 08:27 AM   #11616
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I bought in in March 2020 after the markets went down and have made a nice chunk of change. I’m concerned about inflation and it seems like rates will need to be increased soon.

Is it time to sell?
What would you do with the profits if you sell? If it's investment money, there aren't many other opportunities to place it.
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Old 10-04-2021, 08:29 AM   #11617
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What would you do with the profits if you sell? If it's investment money, there aren't many other opportunities to place it.
That's the dilemma. I'd probably just put it in a savings account that I have through Ally Bank. I make .5% which is better than losing.
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Old 10-04-2021, 08:46 AM   #11618
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I bet some of you are getting your ass handed to you in this small market pullback.

Without a plan, it’s just guessing. With guessing, you’ll just be losing all your gain, even in small market corrections.
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Old 10-04-2021, 01:33 PM   #11619
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Old 10-04-2021, 01:45 PM   #11620
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Inflation at a 40 year high, chip shortage, supply line issues ...and our government is arguing over spending another $3.5 tril and telling you it won't cost jack.

The next few months are not going to be good ones.
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Old 10-04-2021, 01:46 PM   #11621
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I bet some of you are getting your ass handed to you in this small market pullback.

Without a plan, it’s just guessing. With guessing, you’ll just be losing all your gain, even in small market corrections.
I haven't sold a dime. In fact I am starting to piece in more cash. Then again my timeline is 15 years not 15 minutes.
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Old 10-04-2021, 01:59 PM   #11622
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I haven't sold a dime. In fact I am starting to piece in more cash. Then again my timeline is 15 years not 15 minutes.
Same for 90% of my portfolio, I’m still dollar cost averaging and actually dumping a larger sum into my ROTH on this dip.

However, lots of wannabe traders in this thread with no plan. I’m just reminding them they need rules.
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Old 10-04-2021, 03:01 PM   #11623
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I bet some of you are getting your ass handed to you in this small market pullback.

Without a plan, it’s just guessing. With guessing, you’ll just be losing all your gain, even in small market corrections.

I ended up setting SL on most of my penny stocks last week at 15-20%. Several, including ILUS got taken out and now are higher than I sold for. Dammit. Still did good , just hurts to see gains lost. If only there was a way to predict the top.

On the bright side I've been holding 39,000,000 Shiba Inu and it's blowing up today. I have no idea why, it's a stupid coin with no purpose. I guess thats why I bought it. It reminded me of me.
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Old 10-06-2021, 08:26 AM   #11624
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Short term bottom might be in. Depends on how today finishes but I am currently seeing some signs that the strength of the selling has really come down the last week.
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Old 10-06-2021, 09:36 AM   #11625
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Short term bottom might be in. Depends on how today finishes but I am currently seeing some signs that the strength of the selling has really come down the last week.
What are the markers you use/see to feel that way?

I think we’d all appreciate
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