Which I had already done naturally so I was good advertising for my favorite shop. Then went to a few other shops none of whom had much in stock to sell "but we can order it." Banks and eBay are holding up my cash flows anyway so went home and found a bullion dealer who takes BTC and had 4 $100 bags of Walking Liberties. IN STOCK. We are taking delivery and I don't think we care to give it back. I told the lady in the coin shop if they were worried about GME they must be shitting bricks about the COMEX and SLV. Dunno if we made the sale but got her thinking. And I got more bags incoming. Fuck these guys let's kill the banks. WWG1WGA.
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Physical Only!!!
I tried to convince my wife to convert her (albeit small) 401k to physical silver. She doesn’t trust me at all.
“Me at all” metal, it’s a sign! There are no coincidences haha
Haha, super clever!
How do you convert it? I thought there would be a penalty for this (as early withdraw?)
I converted mine at no penalty when I left my last job. Not a lawyer, YMMV, etc. Edit to add I think I moved from a 401k to a "self directed Roth IRA" with everything moved into gold and silver. Broker told me not to mess with silver, too costly to store and in fact I only got 1000oz which I thought was way too low but he talked me into more gold. Oh well. Buy silver!
Actually you’re right. Hers is actually an IRA now that you mention it, but I’m not sure if it’s self-directed or not. That would allow her to convert without penalty. Thanks for pointing that out!
Can someone please explain how to buy silver? What happens to the average American who can't get their hands on silver when this goes down? Banks collapse, stock market crashes...dollar is worthless...where does that leave the masses? Seriously asking. Since the fraudulent election I've stockpiled enough supplies to last a very long time. Wasn't thinking my life savings would suddenly become worthless. What does it all mean!!
Really appreciate this information. Thank you!
It's about getting the gold standard back, currency backed by precious metal. It will happen worldwide at the same time and will be but a glitch. Instead of having say $40000 savings you may have $5000 savings backed by precious metals but the price of everything comes down too so still worth the equivalent of $40000. It basically stops (((them))) printing money and devaluing what your $ is worth. The gold & silver stackers will be the same then as they are now just the value of the metals should rise depending on how many grams back a dollar.
REALLY appreciate this explanation. Thank you!
Just search silver to buy online, it will give you a list of the big bullion places. You order it kind of like anything else on line. You pay a little more per oz for using a credit card, some places allow you to do an e-check. or send them a check in the mail. Read the reviews for different places.
Crypto is a good alternative. More flexible
i need the cliffs notes too please
Wanted to use my 401k to buy gold. Can't. Wanted to roll it into an IRA, because I'm under 59 1/2, I can't. I can only take out a loan, under certain conditions with qualifying paperwork, unless I quit my job. So either I have to find a new job in the middle of a pandemic, or I take the chance of losing my 401k when the market goes boom?
Fake news GME. SLV is to help Melvin and Citadel not go bankrupt from their horrendous short position.
what do u think silver is going to sell for? by the ounce?
I don't think it's predictable right now in this atmosphere. I would be leery of anyone who told you a specific price range.
Silver is a false flag. Msm had been pushing for folks to buy silver. https://youtu.be/5oAEPVY4eGY
SLV is a false flag (atm). Real, in hand, shiny silver is the play.
Tim Pool is like me if he were older, smarter, better looking and had more hair. He can ride a board better but I also have dropout credentials and am also a fortune 500 walkway with double barrel middle fingers to The Man. I just spend less time talking shit and more time reading shit than he does, and FWIW I agree that the WSB folks should hold strong with their diamond hands because they have the banks by the nuts. Once they all cash out they can buy some PHYSICAL silver to go with their tendies and join the fight we have been fighting for decades. PHYSICAL silver is the Achilles heel of the system, it is leveraged far beyond anything reasonable.
they are pushing paper silver, not real silver.
Reddit source
https://www.reddit.com/r/wallstreetbets/comments/la4mog/stop_buying_slv_you_smooth_brained_retards_its/