Originally Posted by Adam X (Post 18694914)

silver is silver.. even the small amounts add to the bulk.. were you wearing a gold chain and speedos with a white powder nose walkin around with silver in your bathrobe pocket? wtf! Got some more nice big bars on the way.. engelhard rules.. good times

Originally Posted by facialfreak (Post 18681386)

I now Ed personally ... he dabbled in MLM like 10 years ago ... check the date on that e-book. :Oh crap

I can assure you that Silver Snowball is in no way whatsoever MLM ...

It is simply earning a comission on the silver purchased by people you directly refer to Silver Snowball (one level only) ... there are absolutely no "membership fees" and nobody is paid a single cent to "recruit" members ... because like I previously said, membership is FREE ... each silver round you purchase is $39.00

Sure it is a fair premium over spot (matter of fact, depending on silver prices, and the fact that Silver Snowball is about 8 weeks behind the current ask price, the price you purchase for could be DOUBLE the ask price!!). Ed is in business to make a profit. Silver Snowball is not a charitable organization - make no bones about it!!

But my question to you is:Where are you buying your silver right now?? Most people reading this ARE NOT BUYING SILVER ... and why is that, if it is such a good hedge against inflation?? It's because the majority of people reading this and misrepresenting it, cannot afford the 5-10% above spot, plus $250, 500, or even $1000 minimum orders that most reputable dealers are mandating!!!

Silver Snowball is a fun way for the average Joe to start collecting silver - without jumping in balls deep - and it pays you a very good commission (in silver) for every sale you refer to the program.

Most of the people below me are buying multiple coins per month, and I recently just raised my minimum buy to 4 coins ($156 a month and supposed to be lowering next month to reflect the currently lower prices) ... but with the bonus rounds I have earned off of the SALES I referred (not signup fees or "memberships"...), makes the total price of the silver I obtain much less than the spot/ask price.

Argentum et aurum comparenda sunt.

Originally Posted by facialfreak (Post 18681572)

How is it expensive? Where are you currently buying YOUR physical silver?

I paid $78 last month and received 9.5t-oz of .999 pure silver ...

I'll do the math for you ... it's $8.21 per troy ounce ... and silver closed today at a spot price of $29.94/t-oz :winkwink:

---------------

Ignorance is not only bliss ... it's downright funny -- watching you guys try so hard to discredit this.

If you cannot hold it ... you do not OWN it!!

Originally Posted by Choker (Post 18694964)

The flaw here is that ANYONE with $1000 cash can walk into a coin shop tomorrow and pick up Silver Eagles at $2 above spot, which right now is about $30.16. So anyone can pay $32.16 for what he is selling for $39. SERIOUS and even novice investors realize this.
Not to mention shipping, how much is shipping for these $39 Eagles? Tell you what, I'll sell you all the silver eagles you can buy for $35 plus shipping as long as silver stays below what it is now.

Originally Posted by edgeprod (Post 18694987)

Bingo. One of the places I went today, I paid $31 today per round/bar, only buying 15. And that's on a day with a $0.50 uptick! Highest price today was $34 for three 1oz eagles. Paid $32/oz on a bag full of 2011 eagles from the dealer who did the $31 on .999's. Wish he had more. Tomorrow is 10oz bars, he promised $310 across the board for Apmex.

Originally Posted by Choker (Post 18694997)

I went to the FUN show couple weeks ago. Silver was way down and most dealers were not willing to negotiate on what I was looking for. But I was still able to buy two bags of VF and better Silver dollars for melt plus $1 each. I saw lots of silver being sold at $1 above spot, gold at about 10 above spot. I saw eagles going for $1 above melt in large volumes, You should have came to that show. Good deals for the most part.

Originally Posted by AdultKing (Post 18695062)

Fools and their money. What else can be said ? Silver Snowball is a scam. No two ways about it. People who fall for it can't do math.

Originally Posted by edgeprod (Post 18695677)

This, sadly. I can't imagine wanting to make money by scamming people, but this is what the program seems to do. The rationalization that "gee, they weren't accumulating metals before" is ridiculously hollow.

Originally Posted by Choker (Post 18696309)

Holy shit I read it wrong, so they are selling 1/2 ounce rounds for $39? If so of course they can payout a lot. Thing is how many customers are gonna buy again after they realize they paid over double the silver's actual value?

Originally Posted by edgeprod (Post 18696382)

It's even worse than that. :Oh crap

$6 shipping = $44, or about triple the price for 1/2oz.

Originally Posted by ottopottomouse (Post 18696680)

yeah but it's really shiny

Originally Posted by edgeprod (Post 18702592)

Nice little $1.50 spike. Tiny bit more and it'll be a five-figure profit week from metal appreciation alone.

Originally Posted by Choker (Post 18702763)

More like almost $4 spike since Christmas. I bought a lot when it was below 28.