That seems to be the industrial standards for most appliance wirering for the past 20yrs I'd say. Lots of "wtf" when i had been scrapping wire from transformers and tvs. Microwave transformers are very steel heavy. Cut the wire off and it's light as a feather. Aluminum wire colored like copper. Makes me wonder if the scrapyards pay motor/transformer prices unless they know to scrap the wire to check for 100% copper under the varnish.But beware of copper clad aluminum (or steel). Hold out for the real-deal.
So, trade some metal for some other metal + lady. If I got that right sounds like you got a great deal. Congratulations.Well I decided to unload some silver during this little spike. Went to my lcs and sold a bunch of generic rounds (they paid me $27 per ounce) which is more than I paid for them and I took the cash and bought my fiancés wedding band with it.
Fair price in my mind and I made a necessary purchase with the cash so I’m happy. I prefer stacking junk silver and ase’s so I was fine letting a chunk of the generic stuff go.
I wouldn't have had to sell much silver to buy my wedding bands (both).Well I decided to unload some silver during this little spike. Went to my lcs and sold a bunch of generic rounds (they paid me $27 per ounce) which is more than I paid for them and I took the cash and bought my fiancés wedding band with it.
Weekends are known for metal being safe harbors to avoid any pitfalls that may occur while our markets are closed. A lot can happen between close Fri. and open Mon. Same for long holidays. JMOWell the Dow is up, 10 year Treasuries are up, and PMs are rocking. Kinda weird but I'll take it.
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I own silver. And gold. But I don't trade them and they aren't part of my portfolio.Wait!
You’re a silver bug and I mistook your meaning. .???? Seriously.
Agree 100%, have said these very things in this thread many times.I own silver. And gold. But I don't trade them and they aren't part of my portfolio.
Neither is a good hedge against inflation. The inverse correlation isn't there.
They ARE a good store of value. So I accumulate them. Knowing that the Hunt brothers are both dead and that's not happening again.
And the gold run in the 80's is also unlikely.
So, no. Silver isn't "next"
That was my point.
had a dormmate in college who's grandmother was funding his education.Agree 100%, have said these very things in this thread many times.
A lot of folks don’t even know who/about the hunt’s and their failed attempt.
Que Sera, Serahad a dormmate in college who's grandmother was funding his education.
she moved his entire college fund into gold in 1980ish. Like gave him the Krugerrands. The actual coins. And wished him luck.
He was a dick.
Frankly, no one in the dorm cried for him.
He learned "diversification" like no one I've ever seen before or since.
Thank you! Definitely a fair trade!So, trade some metal for some other metal + lady. If I got that right sounds like you got a great deal. Congratulations.
Sounds like a smart way to go. We used Shane co. With the engagement right and band I’m 9k in now haha. But I’m only doing this once and wanted to do something special for her- mission accomplished so I’m happy!I wouldn't have had to sell much silver to buy my wedding bands (both).
I paid $35 for our white gold bands, from a failed marriage. Some people think that puts some bad juju on a marriage.
We'll be married 43 years at the end of this month. If our marriage goes south I'll let you guys know.