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expireddragoneater1 posted Aug 05, 2023 04:20 PM
expireddragoneater1 posted Aug 05, 2023 04:20 PM

New Customers: 5-oz Silver Bullion

(pricing based on Spot Price) + $9.95 S/H

from $116.50

$144

SD Bullion
281 Comments 147,791 Views
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Deal Details
SD Bullion offers New Customers: 5-oz Silver Bullion on sale for prices starting from $116.50 (based on Spot Price) when you follow the instructions below. Shipping is free on orders $199+, otherwise shipping starts at $9.95.
  • Note: Spot Price fluctuates, and pricing may vary. Discount will be reflected in cart.
Thanks to community member dragoneater1 for finding this deal.

Deal Instructions:
  1. Create an account at SD Bullion
  2. Go to 5-oz Silver Bullion at Spot and add item to cart
  3. Proceed to checkout
  4. Discount will be reflected in cart
  5. Price will vary based on Silver Spot Price and payment method selected
    • Please note if you pay with Bitcoin, Paypal or Credit Card, there is a difference in pricing.

Editor's Notes

Written by megakimcheelove | Staff
  • About this deal:
    • Limited to one per customer
    • New customer only offer
    • All orders include insurance and tracking
    • Please note if you pay with Bitcoin, Paypal or Credit Card, there is a difference in pricing. 
  • About this store:
    • When you confirm to lock in the price of your order, you will have entered a binding agreement which cannot be canceled without penalty. If payment is not received within the specified time period, you risk being charged a penalty fee, your order being canceled, or a combination of cancellation and penalty fee.
    • SD Bullion Return/Refund policy here

Original Post

Written by dragoneater1
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
SD Bullion offers New Customers: 5-oz Silver Bullion on sale for prices starting from $116.50 (based on Spot Price) when you follow the instructions below. Shipping is free on orders $199+, otherwise shipping starts at $9.95.
  • Note: Spot Price fluctuates, and pricing may vary. Discount will be reflected in cart.
Thanks to community member dragoneater1 for finding this deal.

Deal Instructions:
  1. Create an account at SD Bullion
  2. Go to 5-oz Silver Bullion at Spot and add item to cart
  3. Proceed to checkout
  4. Discount will be reflected in cart
  5. Price will vary based on Silver Spot Price and payment method selected
    • Please note if you pay with Bitcoin, Paypal or Credit Card, there is a difference in pricing.

Editor's Notes

Written by megakimcheelove | Staff
  • About this deal:
    • Limited to one per customer
    • New customer only offer
    • All orders include insurance and tracking
    • Please note if you pay with Bitcoin, Paypal or Credit Card, there is a difference in pricing. 
  • About this store:
    • When you confirm to lock in the price of your order, you will have entered a binding agreement which cannot be canceled without penalty. If payment is not received within the specified time period, you risk being charged a penalty fee, your order being canceled, or a combination of cancellation and penalty fee.
    • SD Bullion Return/Refund policy here

Original Post

Written by dragoneater1

Community Voting

Deal Score
+71
Good Deal
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Top Comments

hexydes
698 Posts
162 Reputation
If you invested $25 in silver in January 2008, it would be worth around $25 today.

If you invested $25 in the S&P 500 in January 2008, it would be worth around $79 today.

Definitely do your research before investing in precious metals...
Jawton
1452 Posts
286 Reputation
People would argue that it hedges against collapse of modern capitalism or whatever. But if things really get crazy and we enter some kind of apocalyptic decentralized dystopian economy, will people be desperate to get their hands on silver? That's why I only invest in twinkies. I'm gonna rule the world!!!
famewolf
6205 Posts
1766 Reputation
BOA/Merril Edge. If you have a certain amount of funds with them (ie retirement IRA's etc) they add a 75% bonus to the cashback categories. 3% cashback + 75% bonus...and I picked "online shopping" as my category.

https://thepointsguy.com/credit-c...cash-back/

Even for most local purchases you can still purchase online for pickup or purchase gift cards online. sdbullion MAY be one of the few exception sites though and won't pay cashback so I'd probably still pay with e-check to get the 4% discount.

I gave up on this deal...to many hoops to jump through...couldn't get an account to create in firefox even in a private window...had to install another browser....then once I got it created it timed out on me twice while trying to checkout including one that waited till I was on the final screen to checkout after giving the account # and then started me over...decided I didn't want it that bad.

281 Comments

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Aug 06, 2023 02:27 AM
127 Posts
Joined Aug 2021
fr0stedflakesAug 06, 2023 02:27 AM
127 Posts
Regardless of anyone's opinion on silver and PMs in general as an investment, it's rare to find bullion selling at or spot and this seems like a pretty good deal. I bit, just too bad the threshold for free shipping is $200, economy shipping came out to about $10 for me.
Aug 06, 2023 02:57 AM
49 Posts
Joined May 2018
Jj1946Aug 06, 2023 02:57 AM
49 Posts
Quote from Brooklynite :
Guys, invest in Bitcoin, Ethereum, BAT, Flux, HNT, UNI, invest in someone the new generation is interested in. Gold and silver are old school stuff. There is no future.
Ah yes, invest in the Ponzi schemes!
1
Aug 06, 2023 03:12 AM
6,458 Posts
Joined Oct 2018
Wavy-NifeAug 06, 2023 03:12 AM
6,458 Posts
Quote from svinokot :
Whom do people sell it to later in life when they need to?
Later like when the banks shut down?
4
Aug 06, 2023 03:18 AM
132 Posts
Joined Jun 2016
MuTexAug 06, 2023 03:18 AM
132 Posts
Quote from Jawton :
People would argue that it hedges against collapse of modern capitalism or whatever. But if things really get crazy and we enter some kind of apocalyptic decentralized dystopian economy, will people be desperate to get their hands on silver? That's why I only invest in twinkies. I'm gonna rule the world!!!
Can I be your friend?
1
1
Aug 06, 2023 03:24 AM
78 Posts
Joined Dec 2015
hilljereAug 06, 2023 03:24 AM
78 Posts
Quote from hexydes :
If you invested $25 in silver in January 2008, it would be worth around $25 today.

If you invested $25 in the S&P 500 in January 2008, it would be worth around $79 today.

Definitely do your research before investing in precious metals...
Thank you! This thread is full of shills.
6
Aug 06, 2023 03:30 AM
401 Posts
Joined Aug 2010
JimmycrackscornAug 06, 2023 03:30 AM
401 Posts
Quote from hexydes :
I heard very similar arguments after the 2008 housing market crash. If you want to argue that we're witnessing the slow death of the middle-class due to economic policy that always prioritizes the upper-class, and that the inevitable outcome of that is going to be some kind of reckoning, I agree. I don't know what the other side of that looks like, but I'm confident in saying that it won't be an economy based around gold, silver, NFTs, crypto, or any other hedge du jour.
What I'm arguing is that after the failure of Bretton Woods in 1971 the US dollar was taken off of the gold standard and became a fiat currency. After the failure of theUS dollar fiat currency during the 2008 financial crisis the US began a policy called Quantitative Easing. This "fix" currently puts us in a position where every US taxpayer owes in excess of $250K to the national debt. Now that that system is broke policymakers must choose between continued high inflation or continued increasing debt. To control inflation with higher interest rates the US now pays 300% more to service their $32T debt than they did in 2022. So you are correct that there will be "some kind of reckoning" but the problem is that the can has been kicked down the road too many times for there to be a solution...it's all a giant Ponzi scheme.

You are also correct that this is nothing new. The real estate market has a severe correction every 18 years (and has since the inception of the US). Real estate is the last to feel the effects of recession implying that it (recession) will begin sometime after the 2024 US elections. That is how long we have to get our ducks in a row because that is when the reckoning will begin.

IMHO the US Dollar and all fiat currencies will be de/revalued. That will be the reckoning. Real, tangible assets (real estate, gold, silver, bullets, whiskey, Bitcoin) will hold up much better than keeping your money in "the system" (banks, stocks, bonds). That being said the US Dollar is not going anywhere. In all probability there will be another catalyst sending all asset prices down (including gold and silver) and if you have the dry powder you will do very well. Until that happens it is highly doubtful we will see $18 silver or $1600 again. In fact it's a very good possibilty silver will hit $50 in 2024.
Aug 06, 2023 03:31 AM
4,552 Posts
Joined Jul 2006
CommentaryAug 06, 2023 03:31 AM
4,552 Posts
Quote from SlySol :
I've heard that local coin shops are good places to sell gold and silver. They often pay right around spot or sometimes even slightly over, depending on the market and the type. This article mentions an example when someone sold gold and has a link for searching local dealers to check with. (Everything is from that bullion dealer's page, but you can likely also search locally. That's just one option that mentions local selling.)

https://www.jmbullion.com/investi...n-locally/

https://www.jmbullion.com/local/
That's not true. Coin dealers will never pay you spot for generic rounds. How can they make money if they do so?
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Aug 06, 2023 03:43 AM
17 Posts
Joined Dec 2019
TheSilverLineAug 06, 2023 03:43 AM
17 Posts
Quote from svinokot :
Whom do people sell it to later in life when they need to?
Local coin and bullion shops and reputable online dealers. Private sales. Not as highly recommended, but pawn shops and some jewelry shops are also an option.
1
Aug 06, 2023 03:44 AM
4,561 Posts
Joined Aug 2015
SlySolAug 06, 2023 03:44 AM
4,561 Posts
Quote from Commentary :
That's not true. Coin dealers will never pay you spot for generic rounds. How can they make money if they do so?
Like I said, it depends on the type of coin / bullion/ etc. However, dealers almost always sell for prices above spot, sometimes by a fairly significant amount. That's how they make profit. Any time you see deals with gold or silver selling at or near spot, lots of people jump on it because it's rare to be able to actually buy at spot. It's usually very limited quantities for certain members or an introductory promo. I'm not saying you're always going to get over spot, but should be able to get very close to it, depending on the type and current market conditions.
Last edited by SlySol August 5, 2023 at 09:57 PM.
Aug 06, 2023 03:47 AM
3,374 Posts
Joined Sep 2007
fewlioAug 06, 2023 03:47 AM
3,374 Posts
Quote from hexydes :
If you invested $25 in silver in January 2008, it would be worth around $25 today.

If you invested $25 in the S&P 500 in January 2008, it would be worth around $79 today.

Definitely do your research before investing in precious metals...
gold or silver never go bankrupt. they are always valuable...if and when the currency and/or economy go bad...silver is the only investment that can make a powerful antibiotic at home Peace

for actual investment returns, brass and lead are my precious metals, pretty much guaranteed to have some kind of panic every 1-4 years, where you can then double your money very easily.
6
Aug 06, 2023 03:52 AM
401 Posts
Joined Aug 2010

This comment has been rated as unhelpful by Slickdeals users.

Aug 06, 2023 03:55 AM
401 Posts
Joined Aug 2010
JimmycrackscornAug 06, 2023 03:55 AM
401 Posts
Quote from Commentary :
That's not true. Coin dealers will never pay you spot for generic rounds. How can they make money if they do so?
It's called a premium. They'll buy at spot but they are not going to sell at spot which is what makes this a good deal.
Aug 06, 2023 04:10 AM
1,096 Posts
Joined Jun 2019
dchang0Aug 06, 2023 04:10 AM
1,096 Posts
Quote from Kindness_A_Movement :
Get ready for Space Mining, Funded missions to the moon and asteroids for metal mining .
I've heard this argument from anti-gold people. (Not saying you're anti-gold, just that it's one I hear a lot from anti-gold people.)

If you're referring to gold mining in space, it won't happen, and here's why.

If we discover a giant gold mine on the moon or on an asteroid, the corporation that goes to get the gold will at the same time drastically undercut the rarity of the gold. In other words, they will spend billions on a mission to get the gold from the moon only to simultaneously collapse the price of all gold known to man, thus removing their incentive to go get the gold in the first place.

Now, you would be absolutely right for other metals that have industrial uses and are largely un-recycle-able, such as silver. Silver goes into nearly all our electronics but is not recycled out of our e-waste. So we need a continual supply of silver for industrial purposes.
Gold is not used as much for industrial purposes.

If you are referring to metals in general, you'd be absolutely right. I would expect an iron mine on the moon to be worth much more than a gold mine on the moon, because we can always use cheaper iron and steel to make products from.
Last edited by dchang0 August 5, 2023 at 10:18 PM.
Aug 06, 2023 04:23 AM
1,096 Posts
Joined Jun 2019
dchang0Aug 06, 2023 04:23 AM
1,096 Posts
Precious metals won't actually be used for trade in SHTF.

Here's why.

Ask any person who is currently acquiring PMs what they would really, actually do if SHTF.

They'd try to hoard PMs even harder and even pretend to not have any so as to avoid getting robbed.

It's the principle of "bad money chases out good money."

Think about it: if you had silver coins, would you go down to the local farmers' market to buy food with it? Word would get around really fast that you have silver coins, and you'd either be ambushed the next time you go to market or your less-scrupulous neighbors would conspire to rob you in your home. Better for you to pretend you are as poor as the next guy and bring common everyday items to barter.

You'd bury your PMs in your yard or hide them in your walls, only to be retrieved if fleeing the country.
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Aug 06, 2023 04:27 AM
218 Posts
Joined May 2019
Nasir29Aug 06, 2023 04:27 AM
218 Posts
I didn't pay tax when I bought the 1oz bar from Costco in California. Why they are charging tax on 10g bar?

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