After I left the bank I drove a gentle pace back and noticed a new pawn shop has established itself very near my business. I came (picture my fingers) this close to a visit. I'm fully aware of my weakness for silver and firearms and I knew if I stepped inside I'd walk out light of wallet.
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Don't you just hate it when you pull a fresh cup of coffee and a customer rings the doorbell and you set you nice hot cup aside to chat and forget it and (run on sentence under development) then reach back for the nice hot cup of coffee and take a big gulp and its as cold as a Chicago hooker's butt in January. Well, don't 'ya....
I mentioned somewhere above I have a weakness for silver. Please allow me to rephrase. I like tangible investments.
Just before the onset of this depression (refer to as you will) I pulled clear of the stock market and ran hard towards precious metals and other practical investments. I buy on the dips and we've had a dip in silver for the last few days. When silver closes below thirty dollars, I'm in like flint.
I have a reputation in this area as a fella willing to hand over cash for tangible investments, those in the form of firearms, silver. I rarely if ever see gold walk into the shop. But silver, yes indeed. Much of it in the form of ninety percent pre-1964 coin, or 'junk' silver as its known in the trade. I like it.
I also like silver rounds. Bars are fine too, I just prefer the rounds. Especially Engelhard Prospector one ounce rounds. Just my thing...no other reason, silver is silver after all.
Ordered a few last evening as Sweet Wife napped.
Just an FYI.
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Hey, I really need to get back to work. Take care.
Stephen
Scrap silver seems the way to go to me. The government can confiscate gold, but it's own older currency, not so much. There is another alternative currency going around called bitcoin, that I will have to research some more, but sounds interesting. Maybe it's a good time to go pick up some more scrap silver later.
ReplyDeleteI agreee, c.w., scrap is fine. As a matter of fact I like to hit the flea markets and yard sales for .926 silver and one of these days I'll try and melt a bit..when I find a crucible and mold worthy of my funds. Thanks, my friend.
DeleteHeh... I've kinda got the silver bug too. Whenever the price swoops down like it has lately I snatch up a little of the pre-64 coinage. Nothing crazy... just a bit here and there spread out over time. I don't do it so much as an investment for me - but as a little treasure to tuck away for Bailey after I'm gone.
ReplyDeleteHopefully that day is still far enough away that the "treasure" will have gone up a bit more in value :)
Paladin, I was bitten by the silver bug way back in the late sixties...sucker took a chunk out of my rear. Like you, most of mine is intended for my Little Bit. Thanks, Bubba.
DeleteNot a bad strategy... Enjoy the weekend!
ReplyDeleteThanks, my friend. Hope you have a good one too.
DeleteKeep me in mind if any evil black guns walk in you are not comfortable with.
ReplyDeleteChuckle...sure.
DeleteOh, forgot...I'll have the rucksack and book at the shop by next Tuesday...and the coffee should be fresh and hot.
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