TSXV:SLX.P - Post by User
Post by
farshooteron Dec 02, 2010 1:03pm
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Post# 17790384
Buy Physical Silver . . .
Buy Physical Silver . . .. . . and crash JPMorgan!
Spot silver is trading near $29 mark. We have the criminals on the ropes. Show the bums no mercy. Let's all together do our small part---buy an ounce or two of silver bullion---and crash JPMorgan Chase (you didn't think I forgot about Chase, did you?).
Tomorrow, I will be doing my part. I live in Montreal where, fortunately enough, Kitco has a precious metals store (head office, too, btw). I called them this morning to enquire about their silver bullion stock and their respective prices. There is a premium above spot, of course. However, when you factor in the savings of buying in person like not having to pay insurance, postage, duties and other such fees, the premium is indeed very reasonable. I will be sticking with Canadian silver bullion: 1 oz Silver Maple Leaf coins and, if available, the 1 oz 2011 Silver Wolf coins. Nothing less than .9999 purity, boys.
Btw, I have a 4th century BC Greek silver drachma coin, about 3.6 grams in wieght. On the observe side you the head of the queen of Greek godesses Hera, wife of Zues; on the reverse side, an eagle clutching a serpent with its talons. (The eagle clutching the serpernt is an apt metaphor of what we should be doing to the JPMorgans of this world.) It's in quite good condition considering it predates the birth of Jesus Christ by nearly 400 years!. I've never thought of selling it (saw one on auction recently sell for $150) ... and never will ; it's part of my Greek heritage.
Don't forget: Buy some physical silver. Crash JPMorgan Chase.
Cheers