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17/04/18
12:10
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Originally posted by Skol
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I did sell it for her at US$50+/ounce because I knew the mania was nearly over and that the suckers were due for a spanking. I don't know how she came by it or how long she had it, but I'm pretty sure it was pin money in the end. Asians got very excited over one of the bars because the serial number was 8888 so it sold for a premium. She might have made a thousand or two out of them, nothing to write home about.
She's made a $1,000,000 out of a house I had built for her in 1986.
A tad better than pieces of metal.
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So she had a small quantity of silver, which was sold at USD 50 an oz.
If she'd had a great deal more silver, she would have made a great deal more profit.
So it is possible to make very good capital gains from silver.
Let's all hope for another move to USD 30 to 50 an oz in due course.