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Silver NY Spot Closed At 11.07 Today

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ageka's Avatar
Belgium
2078 Posts
 Posted 03/31/2006  07:02 am  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
You are of course right about silver
but you will probably not be able to exchange it for euro because we pay between 19 and 21 % tax on silver and the spreads between bid and ask are huge
So that between the spreads and the tax you have like 50% difference before you make a dime over here

Pillar Of The Community
crystalk64's Avatar
3147 Posts
 Posted 03/31/2006  09:27 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
Looks like all those silver euro commemoratives I have been buying since 2002 may well be a better investment than a collection? I don't see how some of the euro nations can continue to put unc. silver out at face value so I am buying while it I can!
Valued Member
dgoose50's Avatar
United States
79 Posts
 Posted 03/31/2006  10:17 am  Show Profile   Bookmark this reply Add dgoose50 to your friends list Get a Link to this Reply
If longnine is right , you better stock up on ammunition and food/water.Precious metals are pretty but you can't eat them!!!
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ageka's Avatar
Belgium
2078 Posts
 Posted 03/31/2006  1:03 pm  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
My grandfather went through two Worldwars
At around 1953 when I was six he still had 100 pounds of rice and 100 pounds of grain sitting in his living room

During the cold war I remember several times the supermarkets where plain out of sugar and salt

So indeed having a 4 weeks food supply minimally is never a bad idea
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longnine009's Avatar
United States
1247 Posts
 Posted 03/31/2006  4:48 pm  Show Profile   Bookmark this reply Add longnine009 to your friends list Get a Link to this Reply
I tried a MRE the other day--MRE #9 beef stew. It wasn't bad at all.
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