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Silver To Break Out In June....

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Pillar of the Community
United States
1554 Posts
 Posted 02/11/2012  9:20 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
The end is near!
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 02/11/2012  10:47 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
The end of what Mr. Morgan 1893S, lol?

That is right, this kid has been studying the key dates. We had a guy from another store buy a 1918 (over 17) quarter. His store got credit for 90% spot, they caught it at the clearing house, and it is off to be graded worth about 10 grand I was told. So I don't want any to slip buy me on my watch....
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 02/11/2012  11:08 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Also jumping tracks a bit, our stores have all been doing really well. So the big dawgs are tossing a bunch back into the bus....

We have 6 to 10 more stores opening up by the new year....

We also are partnered up with NTR and they are pouring us our own bullion rounds, complete with a bull design....

We are also getting a bunch of new modern designed jewelry, and our coin section is getting a major stock load. We will have Harmonics now, Panda's, Lunar silver, Maples, gold coin variety even, simple thing to create variety like worthless a few cents over face Buffalo nickels or Indian Head penny's so as to give the numismatic guy a great variety, as well as the bullion speculator.....

Basically taking things up to the next level, and I am happy to be a part of it all, great learning opp.....
Edited by Silverhawk74
02/12/2012 02:26 am
Pillar of the Community
United States
1554 Posts
 Posted 02/11/2012  11:10 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
Kool!
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 02/12/2012  02:36 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Some may say, too Kool for school 1893S, lol....

Just think, the scrap silver I buy at like .925 gets melted down, the other 7.5 percent gets yank divided and poured into other bars perhaps, and the pure silver is left to pour those NTR pick ax 10 oz. bars or our new Bull rounds....

That is what I call full cycle of things, similar to the life we all live. You are born, you live, you may have children that is in essence a copy of yourself, and then eventually you die. An old one leaves, and a new takes its place. The silver ear ring dies, gets melted down, but a part of it becomes the base composition for a new bar....
Edited by Silverhawk74
02/12/2012 02:40 am
Valued Member
rgathright's Avatar
United States
264 Posts
 Posted 02/12/2012  10:27 am  Show Profile   Bookmark this reply Add rgathright to your friends list Get a Link to this Reply
@Silverhawk74 Could you post a photo/link to these Bull rounds you speak of?

Wouldn't mind picking up a few when they become available if they state something similar to "1 oz .999 pure".
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 02/12/2012  11:59 am  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Yes rgathright, I let you all know asap when they coma available. And yes they will be stamped all official .999 Southern Bullion rounds....
Pillar of the Community
United States
1554 Posts
 Posted 02/12/2012  12:14 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
Silverhawk, I think the opportunity you have been given is absolutely fantastic. If I were presented the opportunity to work in a store such as you do I would grab it in a heartbeat. All the interesting metal and coins you see, plus, the people is what would be a great interest to me also. "Keep on truckin"
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 02/12/2012  1:12 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Thank you 1893S as I do feel lucky an blessed for sure....

The coolest part of the job, is seeing that guy bring in a bag of items, you know he has been hoarding an collecting for sometimes 30 to 40 years. An to be the first to see some of those old coins, even when often they are just common 90% Ben's or JFK's just to cool in the end, if you share the interest in the coins/bullion hobby as we all do....
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Ed_B's Avatar
United States
4008 Posts
 Posted 02/12/2012  5:44 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Basically taking things up to the next level, and I am happy to be a part of it all, great learning opp.....

Way to go, Hawk. Before you know it, you might be getting stock in this company, a management position, a VP job, and then end up running the whole kit and caboodle. Hang in there, man. I sense opportunity knocking BIG-TIME!
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wrestling_135's Avatar
United States
802 Posts
 Posted 02/13/2012  09:57 am  Show Profile   Bookmark this reply Add wrestling_135 to your friends list Get a Link to this Reply
No break out today
Valued Member
United States
89 Posts
 Posted 02/13/2012  10:24 am  Show Profile   Bookmark this reply Add Mpc to your friends list Get a Link to this Reply
For silver to break out US and global economy must pick up lot of steam like we saw during 2008 Olympic mania.
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GoThunder's Avatar
United States
830 Posts
 Posted 02/13/2012  12:36 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
I don't understand, were the new margin requirements higher or lower? In other words, was silver suppose to go down or up because of it?
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SDcoinguy's Avatar
United States
2424 Posts
 Posted 02/13/2012  1:52 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
as far as some big event happening, I can see something going down in Iran. and particularly with the gas issue. I hear we will reach record highs this summer..
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Ed_B's Avatar
United States
4008 Posts
 Posted 02/13/2012  8:14 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
For silver to break out US and global economy must pick up lot of steam like we saw during 2008 Olympic mania.

Perhaps. That or things fall apart and people rush into PMs to preserve their capital. As for 2008, there was no happy ending for the economies around the world in that year, IIRC.
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