tag:blogger.com,1999:blog-33548108.post8666948832926405957..comments2024-01-19T05:39:08.560-05:00Comments on Canadian Silver Bug: Demand the silver you want! Or make your own!Carter Apps, dabbler of stuffhttp://www.blogger.com/profile/12537543127195801256noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-33548108.post-79756322230885879382016-12-06T23:15:20.100-05:002016-12-06T23:15:20.100-05:00SilverGoldBull is your trusted bullion dealer. You...<b><a href="http://bullion.syntaxlinks.com/r/SilverGoldBull" rel="nofollow">SilverGoldBull</a></b> is your trusted <b>bullion dealer</b>. You will be provided with bargain, up-to-minute prices and they will make sure your <b>precious metals</b> are delivered to your door discreetly and securely.Bloggerhttps://www.blogger.com/profile/07287821785570247118noreply@blogger.comtag:blogger.com,1999:blog-33548108.post-89190609992029108162008-12-08T22:49:00.000-05:002008-12-08T22:49:00.000-05:00Nice to see this discussion starting. Have been bu...Nice to see this discussion starting. Have been buying what I can find locally, we all suffer from a dearth of Canadian bullion dealers it seems (other than local coin shops, your luck there varying geographically).<BR/><BR/>Getting this going is not easy, there's a big question about trust, due to the value of precious metals.<BR/><BR/>Any product made has to be accepted as pure silver, not only by the first buyer but by others they might later trade with.<BR/><BR/>One ounce rounds, there's quite a variety out there. I think the smaller sized bars, 5 and 10 ounce, would be a better product - lower production cost than rounds, less premium added on finished product. They are also very difficult to find in the market nowadays.<BR/><BR/>100 ounce bars start getting into so much metal value that the trust issue becomes huge - more difficult to convince someone to buy or accept on trade an unknown brand, imo.<BR/><BR/>One point mentioned by nworesistance about making a 'product' instead of bullion - that has tax implications. Jewelery items should be taxable, while bullion is not, afaik. Best to stay as bullion, me thinks.St_Clairhttps://www.blogger.com/profile/05763914191842917705noreply@blogger.comtag:blogger.com,1999:blog-33548108.post-80438355572716214772008-09-07T12:14:00.000-04:002008-09-07T12:14:00.000-04:00I still think that there isn't much market for mak...I still think that there isn't much market for making 100oz bars out of 1000oz bars. Smaller sizes, as suggested, down to 1oz bars would considerably open up interest and could keep the venture going beyond a small number of runs to satisfy the 'investor class' interest. Mass appeal (and hence viability) would come from making the small stuff so that the average consumer (who doesn't yet know that they want silver) would be able to get in, once inflation sparks their interest.<BR/><BR/>I hope that your readers have been out buying, given the state of the spot price! Good luck finding sellers who will price their product based on spot pricing.<BR/><BR/>I was able to buy up a ~bunch~ of US Junk at a very affordable rate at one of my local coin stores. Mostly half-dollars with no premium asked; bonus!<BR/> <BR/>CHR.CHRhttps://www.blogger.com/profile/07837509334683007340noreply@blogger.comtag:blogger.com,1999:blog-33548108.post-6084544651245965072008-09-06T11:17:00.000-04:002008-09-06T11:17:00.000-04:00I definitely like the idea. Besides 10 and 100 oz ...I definitely like the idea. Besides 10 and 100 oz bars, though, I think 1 oz bars would be big sellers if the premium were significantly lower than Maples and the like (especially among little folks like me who can only afford to buy in dribs and drabs).nitroglycolhttps://www.blogger.com/profile/14030927753989623634noreply@blogger.comtag:blogger.com,1999:blog-33548108.post-22160243769631221412008-09-05T19:11:00.000-04:002008-09-05T19:11:00.000-04:00Let us collaborate on this LOW. The only way to ju...Let us collaborate on this LOW. The only way to judge the real world value from this kind of venture is to put up a website and start posting links to it in the silver forums and other places. There truly in a revolution brewing where people are starting to understand that the real value of our currency is approaching the paper it is printed on -> a few cents.<BR/><BR/>So the natural result is more and more people will get rid of their paper based investments and move towards something of real value. The baby boomer generation should be starting this process of moving their investments before hyperinflation devastates their fiat dollar denominated assets.<BR/><BR/>I think there is definitely a market for this. The real trick is to find a way to treat silver as a product instead of an "investment" so that we can access silver as jewelery shops and other industries do, with our output not being taxed as capital gains.<BR/><BR/>Of course we can't have a silver economy without people having silver in their hands and an economic model that makes sense to pay for things with silver. This will all come in due time.<BR/><BR/>Of course talk is cheap. Let us collaborate and pick a domain name that is simple and effectively communicates these ideas. It can be a one or two evening job to put the content up.<BR/><BR/>Then we can simply get the info out there on the search engines and try to find partners to help deliver the silver supply to meet the future demand.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33548108.post-33245490529914106322008-09-05T10:48:00.000-04:002008-09-05T10:48:00.000-04:00good to know Ian, I've only ever had 100s and 1oz ...good to know Ian, <BR/>I've only ever had 100s and 1oz golds from RCMCarter Apps, dabbler of stuffhttps://www.blogger.com/profile/12537543127195801256noreply@blogger.comtag:blogger.com,1999:blog-33548108.post-66162538941384191372008-09-05T10:04:00.000-04:002008-09-05T10:04:00.000-04:00I have a couple of RCM 10oz bars so they have been...I have a couple of RCM 10oz bars so they have been minted at some point. I have no idea their age though (beyond the obvious fact that the silver has been in existance for at least 5 billion years).Ianhttps://www.blogger.com/profile/10958120038132101099noreply@blogger.comtag:blogger.com,1999:blog-33548108.post-68639749117883539342008-09-05T08:17:00.000-04:002008-09-05T08:17:00.000-04:00I agree such a plan probably won't happen, 1 perso...I agree such a plan probably won't happen, 1 person emailed me during the last thread interested in such an idea and NWOresistance sees this as part of a new global economy based on precious metals, so I thought I'd put it forward and see what happens. <BR/><BR/>I don't know what licensing, forming a business shell, insurance bonding, work space, etc would cost but from what I see a small furnace, scales, molds and safety gear could be put together for 2-3k<BR/>See this site http://www.shorinternational.com/MeltFurnace.htm<BR/>They also have gear for recyling scrap, and other neat stuff.<BR/><BR/>Ignoring time and labour such a venture should cover its captial cost after only 1000 oz melt, so from that point it does not look that irrational, <BR/><BR/>Considering the money some people poor into hobbies this looks like a reasonable and possibly profitable past time.<BR/><BR/>I'm willing to help out with such a venture but I know from my political activites people talk a lot and do little, so this is a call to arms which I suspect will go unanswered and then we can get back to whining about no silver.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33548108.post-34990794100281050472008-09-04T22:50:00.000-04:002008-09-04T22:50:00.000-04:00As much as your survey will show a demand (folks v...As much as your survey will show a demand (folks voting as "willing to buy"), I can't imagine a start-up company being able to jump in and capitalize a business like you are suggesting. I suspect you would not find sufficient demand, beyond an early surge from the faithful.<BR/><BR/>Somebody would have to bankroll the pipeline of silver on it's way from one size to another; that could get expensive as prices roller coaster around. Look at the price moves, in just the last 3 months; that's enough volatility to kill off even the most passionate entrepreneur, the moment demand waivers.<BR/>----<BR/>As far as the mint goes, well, they're the Mint; damn it! Their business is making coins and that is what they do. I understand the case you are making to them but I wonder if they have any demand coming at them, at all.<BR/><BR/>The silver we are finding and buying at the coin shops is most likely the stuff the owners bought back at $7/oz; they would have loved to sell it in the 'twenty plus' range but in the 'high teens' is good, too. After selling off their stock of 100s of Maples, I doubt they are re-ordering 100s more with today prices, service charges, shipment fees, etc. This is a much riskier market place, especially in the short term.<BR/><BR/>I don't think the Mint would see much change; they're too far removed from the profit being made on all the old silver lying around, now turning a profit, at the retail level.<BR/>----<BR/>I heard of four bars available tomorrow; price expected to be $17 CDN/oz (1/2 kilo, 100oz). These were coming in from held positions and marketed/auctioned through a coin store.<BR/><BR/>CHR.CHRhttps://www.blogger.com/profile/07837509334683007340noreply@blogger.com