40% Ikes As A Bullion Play

40% Ikes are at $12.67 right now, actually. 40% Kennedy halves are about $6. There's nothing wrong with 40% coins. I have lots of them, and like you said, they're easy to get below spot. You can get rid of them on ebay if the coin dealers don't want them; they always seem to sell for spot or more there.

Each to his own. If you are picking them up at $10.00
When Spot for them right now is $12.67

I personally would be backing up the truck and filling that baby up
UNTIL THEY RAN OUT OF THEM

It means you are getting Silver at $31.62 An Ounce
If you have following silver even casually you know more
about it than 99% of the country. And you know there
is a good chance that we not even see $31.62 for a very long
time if ever.
Do your math,Watch your fundamentals and just keep stacking

Congratulations and a Hat Tip to you

97guns,

It is all good. There are purists in every field
But you are absolutely right in your thinking
and are very coherent. Even when it was $9.00 an ounce
it was never hard to get rid of 40%silver at spot
at coin shops. When it really goes high it will be even
easier to get rid of. That's if you even want to.
Hint: search around the net for a USGS report
concerning the first element of the periodic table to
go extinct.
You may not get a premium over spot
like with a Silver Eagle. But your premium will come from
buying them under spot. THINKING VERY COHERENT
When the rest of this country catches on to exactly how under priced silver actually is,
due to the decades of PROVEN price suppression.
that is being implemented even as late as the little smack
down they tried last week. Off to the races we go
People all around the rest of the planet already know and
are adjusting their silver and gold purchases accordingly.
Heck, Hong Kong Metals exchange just went online and active
Friday. Once it actually catches on here and people understand that the little green backs in their pockets
won't buy any where near what it did just three years ago
the precious metals will take off at an incredible pace

Here is a place for you to check out. I just read a lot for
a few months before joining Very informative and educational
site and forum. HINT: make sure you check out the forums

http://www.tfmetalsreport.com/


Terry

thanks terry

i guess I will continue stacking them at reduced pricing of course. the last batch I snagged was a lot of 23 blue ikes for $9.89 a pop in the envelopes. I am a big turd fan myself, I never miss him.

I'm in agreement with the others. Ignore the folks at the bullion forums. I got the same ignorant reactions when I was buying foreign silver below spot back when silver was $17. Others were tripping over themselves paying premiums buying U.S. junk silver. It was definitely low grade junk. Even Canadian silver was looked down upon. I was picking up P.L. sets below spot.

Now Canadian silver is getting the respect it deserves in the U.S., and foreign silver is getting melt with no problem. I had the same thought, when the price inevitably goes through the roof because silver is short on supply, all those myopic xenophobic attitudes about "coin of the realm" and fineness will go out the window.

When the inevitable collapse of the Euro and the U.S. dollar occurs, along with the debt default of half of Europe and America, there will be a rush by the now awoken sheeple to real money as a safe haven That real money being gold and silver. I have no worry that at that time, all silver will be getting the same price.

There is a reason why the central banks of Russia, India and China are buying gold by the ton as fast as they can. They see the writing on the wall...

Kudos to you for thinking outside the box.

i buy them on ebay with rebates, they are easy to get under spot when your getting 6.5% back.

MercLover,

You may be right, But then again that long, long, Long time
may come a whole lot sooner than a lot of people think.

Besides I would trade something that has lost half of it's
value in 3 years (U.S. Federal Reserve Note) and falling.
for something that has more than doubled in 2 years (Silver) and rising
any day

And to the Silver Bugs out there
Keep an eye on the fundamentals and keep stacking