Buying physical gold/silver

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TTUArmy
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In reply to Red Pear Realty • 7:24a, 4/21/25
Red Pear Realty said:
Gold at $3,400.

Silver above $33.
Let's go!
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Tumble Weed
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In reply to jagvocate • 7:55a, 4/21/25
jagvocate said:
Selling to dealers is my last option. If I have to, I'll try and sell here first. If there's no need to sell, I hope to trade my silver for gold and my gold for land someday (that's the dream at least) … in the meantime I'll keep stacking
I plan on transitioning from GLD to dirt later this year.
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Red Pear Realty
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In reply to Tumble Weed • 8:30a, 4/21/25
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Silver -> Gold -> Dirt
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Yukon Cornelius
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8:33a, 4/21/25
AG
Silver > gold > dirt > property taxes
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Fat Bottom Squirrels
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9:04a, 4/21/25
What is the obsession with silver? Why are yall so gung ho on it?
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MRB10
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9:06a, 4/21/25
AG
Silver:

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Mas89
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In reply to Red Pear Realty • 9:12a, 4/21/25
AG
Red Pear Realty said:
Silver -> Gold -> Dirt
Depends on location and timing. Bought gold and dirt in 2004. Today, the gold is about 6x and the dirt about 40x. The ag use property taxes have been about $2 per acre/year. I've gotten more use out of the dirt than the gold.
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TTUArmy
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In reply to Fat Bottom Squirrels • 9:36a, 4/21/25
Fat Bottom Squirrels said:
What is the obsession with silver? Why are yall so gung ho on it?
Personally, not really an obsession with silver. The main reason I hold silver and gold is due to a failing fiat dollar. The old adage, "Never bet against the dollar", has lost a good bit of it's luster. At some point, the US dollar will reach the end of it's useful cycle. The Fed, as well as governments, will encourage people to adopt some other form of currency which institutions control. And with BTC in the hands of banks, hedge funds, etc, it no longer looks like a viable option to be free of manipulation or control...just my opinion.
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jagvocate
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In reply to Fat Bottom Squirrels • 11:03a, 4/21/25
AG
Fat Bottom Squirrels said:
What is the obsession with silver? Why are yall so gung ho on it?
Basically I purchase silver because I believe it to be one of the most undervalued assets around, and I get so much for my fiat dollar compared to gold. It's been money and it's been an industrial metal--and yet copper (industrial) and gold (money) have outperformed it lately. Yes it's easy to say it's a loser metal, but I started buying it around $9/oz so it doesn't seem like a loser to me.
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one safe place
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In reply to Fat Bottom Squirrels • 11:07a, 4/21/25
Fat Bottom Squirrels said:
What is the obsession with silver? Why are yall so gung ho on it?
Because the Lone Ranger said "Hi Ho Silver" and not "Hi Ho something else"
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Red Pear Realty
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In reply to Mas89 • 12:00p, 4/21/25
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I'm saying to buy silver then convert to gold. Then convert your gold to dirt.

Side note: If you can skip steps, good for you.
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I bleed maroon
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In reply to Red Pear Realty • 12:15p, 4/21/25
AG
Red Pear Realty said:
I'm saying to buy silver then convert to gold. Then convert your gold to dirt.

Side note: If you can skip steps, good for you.
That seems like a surefire way to incur a LOT of transaction fees, holding costs, and receive no interim income. Doesn't sound like a good retail investment strategy to me, but I would like to be your broker/dealer/market maker and soak up the transaction fees! Am I missing something?
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Yukon Cornelius
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In reply to I bleed maroon • 12:18p, 4/21/25
AG
Not to mention the capital gains taxes
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Red Pear Realty
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In reply to Yukon Cornelius • 12:25p, 4/21/25
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Yukon Cornelius said:
Not to mention the capital gains taxes


Who said anything about fiat?
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jagvocate
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In reply to Red Pear Realty • 12:29p, 4/21/25
AG
Red Pear Realty said:
Yukon Cornelius said:
Not to mention the capital gains taxes


Who said anything about fiat
The silver to gold to land strategy hinges on two things:

1) Understanding the G/S Ratio
2) Forecasting a paradigm where gold will once again be money

I'm willing to wait and see if it plays out the way I think
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Red Pear Realty
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In reply to I bleed maroon • 12:32p, 4/21/25
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Depending on when you buy, your loss on the spread might be a lot less than your loss in fiat and inflated cost of real estate.

I don't want much. Just a ranch with a few thousand acres or maybe an island or two. Hard for most people to buy those outright without doing some saving.
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Red Pear Realty
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In reply to jagvocate • 12:32p, 4/21/25
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I like the way you think.
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Bourbon Junkie
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In reply to Red Pear Realty • 12:33p, 4/21/25
Red Pear Realty said:
This had to be someone from this thread.

https://www.cbc.ca/news/canada/ottawa/ottawa-mint-gold-stolen-guilty-1.3843169

I want to know where da gold at. I want the gold. Give me the gold.

Wait. I changed my mind.
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Red Pear Realty
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In reply to Bourbon Junkie • 12:36p, 4/21/25
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My man. That's my favorite meme of all time.



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Bourbon Junkie
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In reply to Red Pear Realty • 12:44p, 4/21/25
Red Pear Realty said:
My man. That's my favorite meme of all time.




If you're gonna catch me, better learn how to sketch me.
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Yukon Cornelius
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In reply to Red Pear Realty • 12:55p, 4/21/25
AG
You have to pay capital gains no?
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Pookers
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3:35p, 4/21/25
AG
Tex Metals has an A&M 1oz round available, for those who might find that cool.
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aggiebrad16
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In reply to Pookers • 4:15p, 4/21/25
AG
For $10 over spot. Ugh. Trying to balance my love for A&M and not increasing my average price per ounce is going to be hard.
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techno-ag
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In reply to aggiebrad16 • 4:16p, 4/21/25
AG
Gotta pay that trademark fee.
Pro College Station Convention Center
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maddiedou
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In reply to aggiebrad16 • 4:50p, 4/21/25
AG
aggiebrad16 said:
For $10 over spot. Ugh. Trying to balance my love for A&M and not increasing my average price per ounce is going to be hard.


Yep the only investment game that you pay 3-10 over what the item is actually worth. And sell for 5-10 below what the item is actually worth
maddiedou
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Bocephus
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In reply to Pookers • 7:03p, 4/21/25
AG
Pookers said:
Tex Metals has an A&M 1oz round available, for those who might find that cool.


Take my money!!
TAMU ‘98 Ole Miss ‘21
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Heineken-Ashi
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In reply to aggiebrad16 • 8:16p, 4/21/25
aggiebrad16 said:
For $10 over spot. Ugh. Trying to balance my love for A&M and not increasing my average price per ounce is going to be hard.
Don't buy here. Ride what you have. There will be plenty of opportunities to add at lower prices in the coming months and possibly years, even if it goes a bit higher short to mid term.
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ChiefKiefton
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In reply to Pookers • 8:33a, 4/22/25
Pookers said:
Tex Metals has an A&M 1oz round available, for those who might find that cool.


Thanks for the heads up. I grabbed one just for the sake of having it.
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Red Pear Realty
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8:48a, 4/22/25
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Gold just about kissed $3,500 overnight.
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Tumble Weed
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In reply to Red Pear Realty • 11:03a, 4/22/25
Red Pear Realty said:
Gold just about kissed $3,500 overnight.
Next stop for gold is $4000 according to JP Morgan.
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Mas89
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In reply to Tumble Weed • 11:16a, 4/22/25
AG
4,000 would not surprise me. But let's not forget gold is now up 47 percent from 4-22-2024.
Just like all the funds and money that poured into the magnificent 7 stocks over the past 2 years, the gold price imo has been artificially propelled up and it will eventually have a big pull back. Same with the current cattle markets- lots of big money being made that will eventually have a big return to earth. Currently at all time highs while grains and oil/ gas are in the tank.
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maddiedou
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11:26a, 4/22/25
AG
I need gold at 4,000 and silver at 55 So that I can sell my silver for 50 . And I am out
maddiedou
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Bourbon Junkie
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In reply to maddiedou • 11:44a, 4/22/25
maddiedou said:
I need gold at 4,000 and silver at 55 So that I can sell my silver for 50 . And I am out

Hopefully by then, the bid/ask is tighter than 50/55.

Anyone talk to a pawn shop or other dealer recently to see what their spreads are like on gold and silver?
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maddiedou
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1:39p, 4/22/25
AG
Just my opinion no research done. But I would assume the spread will get wider to buy because the risk becomes higher

I can see. 55 spot. Buying for 47 And I would not blame them

Again just speculation
maddiedou
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Aggie_2463
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In reply to maddiedou • 2:53p, 4/22/25
AG
maddiedou said:
Just my opinion no research done. But I would assume the spread will get wider to buy because the risk becomes higher

I can see. 55 spot. Buying for 47 And I would not blame them

Again just speculation


Don't sell it to a broker, find an individual and sell it for less than they can buy it from a broker.
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