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 Bullion Coins and Metals Investing Forums
 Silver Bullion, Gold, & other Bullion Metals
 silver snowball
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captaindarkangel
New Member


USA
17 Posts

Posted - 01/10/2010 :  17:55:07  Show Profile Send captaindarkangel a Private Message
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

oober
1000+ Penny Miser Member



USA
1304 Posts

Posted - 01/10/2010 :  18:00:31  Show Profile Send oober a Private Message
Two words,


Bernie Madoff
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captaindarkangel
New Member



USA
17 Posts

Posted - 01/10/2010 :  18:10:40  Show Profile Send captaindarkangel a Private Message
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  Show Profile Send Shattered a Private Message
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  Show Profile Send oober a Private Message
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  Show Profile Send captaindarkangel a Private Message
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  Show Profile Send oober a Private Message
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  Show Profile Send aloneibreak a Private Message
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.



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  Show Profile Send Junk Woody a Private Message
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  Show Profile Send Shattered a Private Message
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  Show Profile Send thogey a Private Message
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  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
glad you found this fourm keep asking questions
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