I think all us Fragile folks need a basement to stash away our old & new CD stuff. What a mess! Even got some very old Silver $'s stashed away with the old guns.
Oh how I wish!! But I was not that smart.
Still, my original monster box remains in my possession and is now selling at over $10,300. If only I had bought 100 monster boxes instead of just the one, solitary box.
So it goes.
lol, remember when you were freaking out 3 days after buying the box that the price had dropped about $100
Always hindsightâŚKnow your risk tolerance and stick within your comfort zone and you shouldnât feel remorse over a loss or regret over unrealized gains.
Itâs akin to walking around in the fog. I have no visibility on this financial stuff whatsoever. I had not the slightest clue that the value of the silver would escalate like it has.
I also was completely unaware, in advance, back in 2007-2008 that a financial collapse was just ahead, lying in wait.
Iâd like to think I have a smidgen of financial prescience. But in truth, I have none whatsoever. Thought of that has a way of concentrating the mind. So I try not to think of it.
Oh, man!
The Iraq/Iran situation is impacting prices of precious metals. Monster box closing on ten-five.
This is the highest Iâve ever seen.
Dear Lord this is getting ridiculous!! Just checked price of my monster box using the link in the OP. I have not seen it this high prior.
OK, am about ready to concede:
Maybe I should have bought more than one box. Donât get me wrong. No complaints. None whatsoever.
But I NEVER anticipated price would go this high!!!
So how much original $'s is in the box? Another winner for you!!
Are you sure there are coins in the box? It might be just bricks.
Only just discovered today this twist:
The monster boxes have been OOS for a while. But this same seller, still with a 100% feedback rating over thousands of sales, took more recently to selling INDIVIDUAL âany yearâ (same as the boxes) silver eagles. And the price is, well, uh . . . quite high!
Link to sale of individual âany yearâ silver eagles
At that price I guess it was worth it for him to break open his âany yearâ monster boxes! He does offer free shipping, though, so that cost must be built into the price he charges.
Iâm surprised that gold & silver havenât really gone up lately. I would have thought with the looming recession/depression and the pandemic that people would be buying shiny metal a lot more
Agreed. Iâm grateful not to have bought my monster box seeking profit. Just wanted to have something else of value around. I dunno. With an additional five trillion (or whatever) of government borrowing in just the last month, my little green monster box is a source of some comfort.
ALl the money printing should cause inflation weâd think. But then didnât we all think that when the 2008 recession hit? I recall constant doom and gloom about how the $1 trillion stimulus and QE was going to cause hyperinflation. In hindsight that was totally wrong
Now weâre also possibly sliding into a depression and massive unemployment. In the last great depression we had deflation instead of inflation. If nobodyâs got money to spend prices will go down.
Iâve personally never been a proponent of gold as an asset⌠honestly Iâve been more of a critic or naysayer⌠But ⌠today even I might feel better with 10% of my asssets in gold/silver just in caseâŚ
Understood. No argument. Itâs a personal decision and I respect yours.
That said, my eagles are not intended for such a purpose. They are not in any sense an investment or a hedge against inflation. They are, instead, a last hope means to buy needed goods and supplies locally if we ever get into a âwheelbarrowâ situation (think Weimar Germany) with our fiat currency.
Yeah actually Iâm of the same mind really as far as the potential use/need for metals in my invesetments.
Probably donât really need 10% of my assets for that eventuality though. But it is really more of a concern that the economy virtually collapses or that inflation is out of control.
Ya know this entire frickinâ world has gone bat crap crazy nuts out of its mind. That is the only possible explanation:
I just checked the OP for price of my monster box and it is approaching a price to where I will have doubled my money! That statement takes into consideration that I originally paid with a CC having a 5% reward.
I should have bought more monster boxes when I had the opportunity. This is just one more thing I never saw coming. Blind as a bat I am, with a MASSIVE prescience deficit.
Not quite the deficit that those of us who bought zero monster (or midget) boxes.
I would probably stop coming here if I had to sift through a bunch of people posting about their recent $8,000 investment purchase, and then two years later coming back to the thread to point out how lucky they got. Iâm glad shinobi is the only person doing it.
Shinobi is a character and makes things more lively/interesting around these parts - hearing him wax on about silver coins, canned goods from Target, fruit from Office Depot, and crazy CD deals breaks up the monotony of these pandemic days.
He is the cranky Newfie sitting on a porch telling people to get off his 450 acre parcel of land .