How much does $1M in silver weigh, and what volume does it take to store it?
You know how much a troy ounce weighs?? If so multiply that times 1,000. I know 100 ozs is heavy enough to keep in its own box along with the other 9 boxes of 100 ozs. One thousand bars not one million. Just think though >> If silver go's to $1,000 an ounce the 1 $million would be right. As it is every time silver goes up 1 penny I make $10.00 (ten bucks) I had one day last week where it went up $1,349 bucks next day $590. It could bottom out as well. It still has risen enough to make it count. Since I have .999 Silver Eagle coins "I have a dealer" locally that will pay spot (2 dollars under the actual price) Volume is about 3 sq feet in boxes. Keep them in several locations just in case.
I have more than I can carry on my back, but could easily carry it in a truck or car......
When the fuck twits lose the ability to manipulate the prices by their Paper Silver ETFS and bullshit, it will skyrocket.
I know it is awesome. Silver is the "brightest shine" of all metals.
(post is archived)