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I have Silver (metal). What should I do?

Discussion in 'BlackHat Lounge' started by theblackhat, May 22, 2015.

  1. theblackhat

    theblackhat Regular Member

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    I have access to silver, a lot of it..

    I intend to take it online.. but really fed up with my own ideas. I did a basic research and found out that ppl are interested in buying silver ornaments, rings and other fancy things online. But somehow, I am not convinced this could be the only idea to bring silver online. I am really stuck and can't get anything out of my damn mind..

    Can some one pls tell get me out of my limbo.. anything you tell could help a dumb ass like me.. :)
     
    Last edited: May 22, 2015
  2. maxedgames

    maxedgames Regular Member

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    I don't exactly understand what you are asking / saying.
     
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  3. theblackhat

    theblackhat Regular Member

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    I'm trying to ask what kind business can we do online, with silver. sry if i didn't convey it properly :(
     
  4. MrBlue

    MrBlue Senior Member

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    Stamp out coins and sell them online. There is a demand in buying and holding pure silver.
     
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  5. SimpleSiteSolutions

    SimpleSiteSolutions Jr. VIP Jr. VIP

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    I don't know the law but selling homemade coins sounds pretty damn illegal to me. Why not just silver bars?
     
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  6. MrBlue

    MrBlue Senior Member

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    Regarding the legalities you may be correct. Silver bars it is. :)

    Take a look at Kitco's silver products for inspiration:
    Code:
    https://online.kitco.com/buy/gold-silver.html
     
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  7. Ambitious12

    Ambitious12 Elite Member

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    Keep yourself Silver and when it will have good market then start bidding on it else start sell the share.
     
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  8. Zwielicht

    Zwielicht Moderator Staff Member Moderator Jr. VIP

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    Start off smart; find a good furnace that's close to a bank. After you've found a good furnace, you're going to want to smelt the silver ore into silver bars. Just keep smelting all the silver you have until you're maxed out. Once you're maxed out, sell the silver in your local exchange. This way, you'll find yourself with a profit from all of your hard work and a level 99 smithing cape.

    [​IMG]
     
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    Last edited: May 22, 2015
  9. zagard

    zagard Jr. VIP Jr. VIP

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    :1: hunt them werewolves
     
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  10. roguerabbit

    roguerabbit Regular Member

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    Lol Good one ( add extra chars here )
     
  11. godspeed007

    godspeed007 Jr. VIP Jr. VIP

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    Send them to me you dumb ass (you addressed yourself with that). I will put them into better use :p
     
  12. mareks

    mareks Regular Member

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    Kill Vampires!!!! ;)

    I think You should provide more details about Your silver source, so we can think of business model... :D
     
    Last edited: May 23, 2015
  13. theblackhat

    theblackhat Regular Member

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    yes i found it fun.. :)
    but coming back to the topic, i need a little help with ideas coz i am stuck with my own prejudiced ideas..
    and thanks for any info you could throw..
     
  14. theblackhat

    theblackhat Regular Member

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    My source is from a local merchant who is a wholesale dealer and can cut my share with very less middleman commission.. even though I will be able to sell it locally with marginal profit, I am looking to make something online.. for which, i couldn't think of my own ideas and need a little hep. thanks
     
  15. BreaknBrix

    BreaknBrix Power Member

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    I'm a bit of a chemistry nerd so let me give you an idea.

    If you have access to large amounts of silver, you can make or buy a silver plating kit. A kit will probably cost you upwards of $400+ but you can make them much cheaper with a bit of knowledge.

    The same way drug dealers cut drugs to cut a profit, I'd cut the silver to cut a profit.

    You would have 2 options from here. You can go crazy doing creative, stupid shit.... or be smart and do 1 thing.

    I've only thought about this for a few minutes but it's just a thought.

    People LOVE their phones. We know there is money in phone cases. I would contact a sheet metal / laser cutting company. You can start with 3 designs for 3 popular phones. These companies have computer controlled everything. Which allows for cheap production. You get 50-100 crude covers done. Silver plate them, then start an instagram and pinterest with girls names on them. You can probably make each case for a few $ and flip them for over $100. Hell, if you make a recessed rectangle and glue mirrors on the back you can probably sell them for $150. Then have their rich daddies pay for them.

    That is IF you can market & brand them the right way.

    Teenyboppers aren't gonna buy gold and diamond plated iphone covers like Floyd Mayweather but I can definitely see them buying silver plated phone cases with their names on them.

    If not that, silver plate some hair clips or brushes. Give them some luxurious name like "The 7th Clip". :)

    -BB
     
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