Soi biker Posted April 28, 2011 Report Share Posted April 28, 2011 I do not know the jewelry busines at all. I only deal in bullion. But it has been very, very good to me. I started stacking in 1999. Did buy some silver by the Kilo here in BKK that is meant for the jewelry busines, comes in little balls I call it fish egg silver. If I get "THE FEELING" I may sell that before the end of QE2. Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted April 28, 2011 Author Report Share Posted April 28, 2011 I sell jewelry with about a 500% markup. With silver rising, what I have in stock is just pure gravy. Did buy some ore this year. Plan to sell it with a 10X markup. Link to comment Share on other sites More sharing options...
cavanami Posted April 29, 2011 Report Share Posted April 29, 2011 I do not know the jewelry busines at all. I only deal in bullion. But it has been very, very good to me. I started stacking in 1999. Did buy some silver by the Kilo here in BKK that is meant for the jewelry busines, comes in little balls I call it fish egg silver. If I get "THE FEELING" I may sell that before the end of QE2. The US federal Reserve announced that they will not buy any more US Treasury Notes, so that is the signal that the QE2 will end in June. The US debt has already been downgraded to "negative" so get ready for a ride on the US Dollar crashing downhill roller coaster, IMO... Link to comment Share on other sites More sharing options...
Dexi Posted April 29, 2011 Report Share Posted April 29, 2011 The sell-off that came straight after the threat of a downgrade from ( S+P ? )was hilarious,like did no-one know about the US debt problem before that ? What will they tell us next,that the Pope is a Catholic ? Link to comment Share on other sites More sharing options...
cavanami Posted April 29, 2011 Report Share Posted April 29, 2011 ...he is??? Link to comment Share on other sites More sharing options...
ozpharlap Posted April 29, 2011 Report Share Posted April 29, 2011 Yes, apparently he is quite serious about it Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted April 30, 2011 Author Report Share Posted April 30, 2011 Silver now $48.58 US. Link to comment Share on other sites More sharing options...
billywan Posted May 1, 2011 Report Share Posted May 1, 2011 Missed it at $30, Think it is too late now. Link to comment Share on other sites More sharing options...
Soi biker Posted May 2, 2011 Report Share Posted May 2, 2011 Silver is down $3 now was down $4 this morning. You may get another chance in July or August that is when the seasonal low usually come in. No guarantees. Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted May 5, 2011 Author Report Share Posted May 5, 2011 Silver has dropped to less then $40.00 U.S.! Link to comment Share on other sites More sharing options...
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