Company drivers might get $25,000 each!

Discussion in 'Experienced Truckers' Advice' started by rachi, Apr 7, 2020.

  1. x1Heavy

    x1Heavy Road Train Member

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    If I ever saw that 25000 Its silver time. Two boxes or three. If the prices hold at current spot give or take 20%.

    We had a opportunity back in 1971 and again after 1980 but never again will prices be this low. Im not going to get into why 1980 was a very bad year economically. That lasted two years.
     
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  3. iceman32

    iceman32 Medium Load Member

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    10 million people filed for unemployment in the last 2 weeks. ’No words for this’: 10 million workers file jobless claims in just two weeks

    I think the government is just starting to realize how important the trucking industry is. The defense act has allowed the government to seize shipments aka piracy from overseas American companies who are selling to other nations. $25k check? Pffft, they’ll have a gun to your head then tell you to drive.

    I’d say just let the #### house burn to the ground so we can build a new one.


     
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  4. Harry Flashman

    Harry Flashman Medium Load Member

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    The thing is you can’t get physical silver anywhere near spot.

    Spot price is just over $15, but physical ounces are going for over $20.

    $20 to hold a silver ounce in your hand as opposed to buying a paper saying you own some silver share of some vault somewhere.

    The only thing you can get at spot price is paper silver that carries counterparty risk.
     
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  5. x1Heavy

    x1Heavy Road Train Member

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    I have a account with a vault in Texas and yes there is a bit of premium to acquire silver. There is a dealer in Lonoke County that also sells bullion spot plus premium.

    I think it's 15.30 tonight and running between 21 to 25 dollars to get one coin (Ounce) which is the premium you speak of. Thats why I gave the 20% figure. I would love to get three boxes (500 each) but probably will settle for two. Due to increasing premiums.

    There are several other markets that sell premium over spot but I rather not do business with them. They do not ship the way I like it to be shipped. (Either registered mail sign or armor truck)

    I never own paper and I only buy Maple Gold if I ever buy gold. American Gold is actually only 90.3% gold. Maples are full 99.9%
     
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  6. Deadwood

    Deadwood Medium Load Member

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    My bank closed the branch my safety deposit box was in without hardly any notice. “The employees were too exposed to customers” they said. They didn’t plan on reopening the branch. I threw a #### fit so they sent two employees over to open it for me so I could get my silver out. Holy cow. Silver is fun to collect but what a pain in the rear to move. And how do you hide something that heavy and bulky in an apartment?!?

    I get that the gold/silver ratio is at an unheard of 109 to 1 but moving/hiding that stuff makes me want to switch to gold.
     
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  7. Deadwood

    Deadwood Medium Load Member

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    This is the site I use for pricing, If you know of a better one, let me know.

    Compare Best Prices on Silver and Gold | Silver Spot Price deals
     
  8. cjbrents

    cjbrents Light Load Member

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    To everyone talking silver and gold,

    Dave

    Ramsey
     
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  9. LondRanger

    LondRanger Road Train Member

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  10. brank

    brank Light Load Member

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    Americans should have cash reserves to last them for 6 months of living expenses. Few of them do. I don't expect them to change.
     
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  11. Linte_Loco

    Linte_Loco Road Train Member

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    Just give me tax credits for 2020. Same as cash to me.

    ‘Much easier to implement as well.

    We’re already screwed by all this legislation.

    We’ve already don’t the time so to speak, might as well do the crime :)
     
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