Chris Duane Says Don’t Sell Your Silver–01-26-2012

Chris is selling his living and dining room furniture, and he’s buying silver. He started buying years ago, but now he’s arbitraging the furniture; selling the old stuff for cash, using the cash to invest in silver, and buying new stuff on interest-free credit with small payments. While we can’t, in good faith, recommend this move to investors, it does open up limitless  possibilities. Perhaps stripping the copper out of your home’s walls, selling it for scrap and putting it into gold and silver makes sense. Or, stripping your auto for parts–most cars are worth more dead than alive–and selling them off.

You get the point, you’re sitting on items that you’re not using or don’t want. Those items could be sold for cash, with the proceeds invested in silver or gold. Look around your home! Whether it’s tools, clothes, or furniture, go on eBay or CraigsList and get rid of them now. Take the cash you get and put it to work for you. We all have vast resources that we are not aware or conscious of. The time to become aware is now.

Please send your questions/comments to KL@KerryLutz.com or call us at 347-460-LUTZ.

8 comments to Chris Duane Says Don’t Sell Your Silver–01-26-2012

  • Ben

    Not all of us live this way Kerry. My wife and I enjoy quite a spartan existence. Most everything we have is used. I have lived this way most of my life. Partly because of military service, partly because of my wandering nature. I just never got into the “accumulation of stuff” lifestyle. Most everything I own could fit in my pickup. Aside from the house and modest furniture, we just don’t have a lot of “crap”.

  • mong00se

    Leverage your home furnishings to buy silver! HAHAHAHA!!!!! I love it!!!

    • Silver Shield

      We had an old queen sized bed with a lumpy mattress and we went looking and got a king for 4 years for 0% because of the deal we then we got a sofa to replace our old one and our refrigerator.

      Craigslisted everything and dumped it in Constitutional Silver.

      It wasn’t a planned thing, but it just happened that way. :)

      Along with the Jeep, DVDs, kids clothes, etc.

      Junk for treasure.

  • lastmanstanding

    Every dime I make goes toward the future survival of my family…or other families of MY choice in our community.

    We live similar to Ben…however, we don’t travel…instead our place is a self sufficient one and improving daily.

  • Ben

    Let me clarify, when I wrote that “most everything we have is used”, I should have stated that the items we purchase or have always get used. Nothing really lies around our house. We live in a small modest home that is tastefully decorated and has some nice stuff. We just don’t have a lot of it. Most of my “money” goes to silver, medical supplies, food storage, some tools, gardening equipment, security, just about in that order. We both of used vehicles that have been paid for for 12 years. Zero personal debt except our utilities and transportation expense. The only debt we have right now is a mortgage. I would actually love to sell our house and find something cheaper, hell I have even given thought to moving out of the country (which is a departure from earlier statements)but I just don’t have that ambition. I guess I would like to see this thing thru. I would hope to think that we could both make it to the other side when the paradigm shifts. We are better off than most people I know, but perhaps not as prepared as others. We do what we can and live in the moment.

    The way I see it.

    Adapt or die.

    • lastmanstanding

      Most of us know what you meant…Adapt or die…it is just that simple.

      “don’t go down without one helluva fight.”

  • marz

    Anybody knows if The S Bullet & the S Shield article has already been translated to Spanish?

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