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captaindarkangel
New Member
 USA
17 Posts |
Posted - 01/10/2010 : 17:55:07
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i am new to coin collecting and to this forum i was wondering what y'all thought about the silver snowball business opp as a way to collect coins i am not a member of silver snowball i was just wanting imput if it is a good way to go on collecting thank you for any and all coments nita
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oober
1000+ Penny Miser Member
    

USA
1304 Posts |
Posted - 01/10/2010 : 18:00:31
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Two words,
Bernie Madoff |
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captaindarkangel
New Member

USA
17 Posts |
Posted - 01/10/2010 : 18:10:40
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quote: Originally posted by oober
Two words,
Bernie Madoff
so i take it your not in favor of it ok i understand thanks for your input  |
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Shattered
Penny Hoarding Member
   

USA
523 Posts |
Posted - 01/10/2010 : 18:14:39
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I saw ad for it on Craigslist and payed a visit to the site it seemed a little shady.
I saw another ad also that said it was a ripoff and you had to 47 bucks and ounce or something, so I don't really trust it. |
"I need metal in my life, just like an eagle needs to fly." -Joseph DeMaio : Die For Metal |
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oober
1000+ Penny Miser Member
    

USA
1304 Posts |
Posted - 01/10/2010 : 18:18:15
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quote: Originally posted by captaindarkangel
quote: Originally posted by oober
Two words,
Bernie Madoff
so i take it your not in favor of it ok i understand thanks for your input 
From what I know, this is a basically a piramid scheme... So yes I am not in favor of it...
And welcome to the forum!!!! Hope you stick around, there are some very good people here!!! |
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captaindarkangel
New Member

USA
17 Posts |
Posted - 01/10/2010 : 18:23:04
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im glad i found this forum because i was seriously thinking about joining the silver snowball but i wont now i will have fun reading and learning from everyone on this forum i will start by really looking at the coins that i get instead of just taking them to the bank |
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oober
1000+ Penny Miser Member
    

USA
1304 Posts |
Posted - 01/10/2010 : 18:28:03
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Its funny, probably this isn't mentioned enough when investing in PM's. Besides the potential gain from price appreciation, is the money you will save by not nickle and diming (haha great pun) you paycheck to death.
When you think about getting lunch and McD's is looking good, you will be like, hmm I can spend 6 silver dimes for lunch on fast food, or 1 silver dime by bringing a sandwich... |
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aloneibreak
Penny Hoarding Member
   

USA
672 Posts |
Posted - 01/10/2010 : 18:42:02
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quote: Originally posted by oober
When you think about getting lunch and McD's is looking good, you will be like, hmm I can spend 6 silver dimes for lunch on fast food, or 1 silver dime by bringing a sandwich...
lol - i do the exact same thing. i've cut down to less than one pepsi a day and save the extra i would of spent for silver.
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My reading of history convinces me that most bad government results from too much government. Thomas Jefferson
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Junk Woody
Penny Collector Member
  

Canada
262 Posts |
Posted - 01/10/2010 : 19:21:57
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One word:"IYDHIYDOI" - Ponce
I'm sure someone else will explain it later |
Edited by - Junk Woody on 01/10/2010 19:24:20 |
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Shattered
Penny Hoarding Member
   

USA
523 Posts |
Posted - 01/10/2010 : 19:30:45
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quote: Originally posted by Junk Woody
One word:"IYDHIYDOI" - Ponce
I'm sure someone else will explain it later
Haha, Nice.  |
"I need metal in my life, just like an eagle needs to fly." -Joseph DeMaio : Die For Metal |
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thogey
1000+ Penny Miser Member
    

USA
1617 Posts |
Posted - 01/10/2010 : 19:37:40
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quote: Originally posted by oober
Its funny, probably this isn't mentioned enough when investing in PM's. Besides the potential gain from price appreciation, is the money you will save by not nickle and diming (haha great pun) you paycheck to death.
When you think about getting lunch and McD's is looking good, you will be like, hmm I can spend 6 silver dimes for lunch on fast food, or 1 silver dime by bringing a sandwich...
You are reading my mind. It's a sickness.
A tank full of gas is 2 Morgans. A gallon of milk and a loaf of bread is a walker. A thirty pack of beer is 3 franklins.
The silver comparison really puts spending it in perspective. |
Come to the new and improved realcent: http://realcent.org
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dakota1955
1000+ Penny Miser Member
    

2212 Posts |
Posted - 01/10/2010 : 22:07:25
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glad you found this fourm keep asking questions |
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