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#1 2017-01-09 16:46:10

Silverthorn
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Registered: 2010-04-29
Posts: 2,538
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Prince!

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#2 2017-01-09 20:05:49

Roswell Crash Survivor
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From: Zeta Reticuli
Registered: 2011-04-11
Posts: 1,846
Trades :   30 

Re: Prince!

Huffington Post wrote:

When Prince died last year, he was the owner of an estimated $25.4 million worth of real estate (and other personal property) and 67 10-ounce gold bars, according to estate documents. Yes, solid gold bars.

The bars have been estimated to be worth a combined US$836,166.70, as gold is currently going for $1,180 an ounce.


The Roswell Crash Survivor

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#3 2017-01-09 21:05:31

tolly_67
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Registered: 2010-05-17
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Re: Prince!

I knew he liked diamonds and pearls....

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#4 2017-01-09 22:03:09

Ipv6Ready
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From: North Sydney
Registered: 2016-01-08
Posts: 1,890
Trades :   37 

Re: Prince!

Surely a stacker would have more than 1% or 2% of their wealth in PM.
Bearing in mind that his estate is more than $25 in real estate, surely his label and copyright is worth much more than $50million.

In context $900k in gold for Prince is peanuts.

Maybe I can call myself a stacker


Looking for 40 pre1944 shilling details in the link
http://forums.silverstackers.com/topic- … -worn.html

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#5 2017-01-09 22:07:32

radiobirdman
Silver Stacker
From: the cuntry
Registered: 2011-04-25
Posts: 2,241
Trades :   59 

Re: Prince!

Ipv6Ready wrote:

Surely a stacker would have more than 1% or 2% of their wealth in PM.
Bearing in mind that his estate is more than $25 in real estate, surely his label and copyright is worth much more than $50million.

In context $900k in gold for Prince is peanuts.

Maybe I can call myself a stacker

That's a good question, what % of your wealth in PMs makes you a stacker

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#6 2017-01-10 00:04:50

bordsilver
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From: Shitty congested Sydney
Registered: 2012-05-23
Posts: 9,386
Trades :   36 

Re: Prince!

radiobirdman wrote:

That's a good question, what % of your wealth in PMs makes you a stacker

Is it more a question of how many ounces makes you a stacker? 2.5 times more than global average?

Depending on which estimates you believe, the stocks of central banks are about 30,000 tonnes and the total held in private hands is in the order of 100,000-140,000 tonnes of gold. Dividing by a global population of 7 billion people, then there's around 14-21 grams per person (or 0.5-0.7 ounces).

Hence, maybe you're a stacker if you have at least 1.2-1.7 ounces per person?


Anyone who lobbies a government in order to get the government to ban something is in my view an undesirable person. And I mean anyone. - Kris Sayce

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#7 2017-01-10 01:18:50

serial
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From: wa
Registered: 2012-08-19
Posts: 3,184
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Re: Prince!

I always saw it as a percentage of wealth thing. If you hold say 25% or more of your wealth (not including the family home) in gold or silver you are a stacker

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#8 2017-01-10 05:31:15

Roswell Crash Survivor
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From: Zeta Reticuli
Registered: 2011-04-11
Posts: 1,846
Trades :   30 

Re: Prince!

Ipv6Ready wrote:

In context $900k in gold for Prince is peanuts.

Definitely. If I could have either:

(a) the sixty-seven 10oz bars, or
(b) 5% ownership interest in of his intellectual property (music royalties, image rights etc.)

I'd pick (b) nine times out of ten.

According to a BBC documentary, there'd a literal vault full of unreleased recordings and video footage.


The Roswell Crash Survivor

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#9 2017-01-10 05:54:00

Roswell Crash Survivor
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From: Zeta Reticuli
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Re: Prince!

On the subject of American male music artists who had the pinnacle of their careers in the 1980s.

I miss Michael Jackson.


The Roswell Crash Survivor

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#10 2017-01-10 06:57:51

tolly_67
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Registered: 2010-05-17
Posts: 1,635
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Re: Prince!

radiobirdman wrote:
Ipv6Ready wrote:

Surely a stacker would have more than 1% or 2% of their wealth in PM.
Bearing in mind that his estate is more than $25 in real estate, surely his label and copyright is worth much more than $50million.

In context $900k in gold for Prince is peanuts.

Maybe I can call myself a stacker

That's a good question, what % of your wealth in PMs makes you a stacker

It is not a %......the answer is quite simple when you think about it.....as long as you have at least 2 pieces, then you are, or at least have the ability to be, a stacker.
The only decision is which piece do you place on top!

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#11 2017-01-10 20:05:58

Skyrocket
Silver Stacker
From: Melbourne
Registered: 2014-07-20
Posts: 4,600
Trades :   35 

Re: Prince!

Maloney just put out a good video on Prince with a completely different angle on it -

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#12 2017-01-10 20:10:06

SpacePete
Silver Stacker
Registered: 2014-03-01
Posts: 13,070
Trades :   119 
Website

Re: Prince!

tolly_67 wrote:
radiobirdman wrote:
Ipv6Ready wrote:

Surely a stacker would have more than 1% or 2% of their wealth in PM.
Bearing in mind that his estate is more than $25 in real estate, surely his label and copyright is worth much more than $50million.

In context $900k in gold for Prince is peanuts.

Maybe I can call myself a stacker

That's a good question, what % of your wealth in PMs makes you a stacker

It is not a %......the answer is quite simple when you think about it.....as long as you have at least 2 pieces, then you are, or at least have the ability to be, a stacker.
The only decision is which piece do you place on top!

Good point tolly.

I believe you are a stacker if:

* You have at least two pieces, and
* The spot price immediately dropped after you purchased


The law's duty is to protect the innocent, not to make them prove their innocence.

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#13 2017-01-10 20:24:12

bordsilver
Silver Stacker
From: Shitty congested Sydney
Registered: 2012-05-23
Posts: 9,386
Trades :   36 

Re: Prince!


Anyone who lobbies a government in order to get the government to ban something is in my view an undesirable person. And I mean anyone. - Kris Sayce

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#14 2017-01-10 20:30:03

Ipv6Ready
Silver Stacker
From: North Sydney
Registered: 2016-01-08
Posts: 1,890
Trades :   37 

Re: Prince!

Roswell Crash Survivor wrote:
Ipv6Ready wrote:

In context $900k in gold for Prince is peanuts.

Definitely. If I could have either:

(a) the sixty-seven 10oz bars, or
(b) 5% ownership interest in of his intellectual property (music royalties, image rights etc.)

I'd pick (b) nine times out of ten.

According to a BBC documentary, there'd a literal vault full of unreleased recordings and video footage.

Dont be greedy, if one was gifted is underwear collection lol, I bet it sell for a million dollars.

But on a serious note, can you imagine what some of his undocumented personal scribbling and half finished songs that never got published is worth.


Looking for 40 pre1944 shilling details in the link
http://forums.silverstackers.com/topic- … -worn.html

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