[Mr. Douglas]

Used to be that if you put $1000 in the market, and $1000 in silver coins and buried them, 60 years later the coins were worth more than your stock.

[roadcat]

I’ve lost value on my hoard of silver coins, compared to stock. Silver not going anywhere but down lately. Don’t put all your money in one bucket, spread it around to different things. It’s insurance if one bucket dips.

[the_boy_who_got_lost]

Show me any 10 year period where that is true.

Gold and Silver are commodities. They can out perform the market sometimes, but never over long periods of time.

Metals are better than cash but mutual funds are better than metals.

[neocon1984]

Used to be that if you put $1000 in the market, and $1000 in silver coins and buried them, 60 years later the coins were worth more than your stock.

I am dubious about that assertion. That $1K in the market is statistically likely to return $64K. In any case, I will be dead in 60 years.

[Beagle8U]

“Used to be that if you put $1000 in the market, and $1000 in silver coins and buried them, 60 years later the coins were worth more than your stock.”

Hopefully you buried all the silver you could buy in 1980, you’ll be rich!

[CGASMIA68]

“the market” .....pretty broad term and I suppose just how you are in “The Market” makes a dif.

[marktwain]

Used to be that if you put $1000 in the market, and $1000 in silver coins and buried them, 60 years later the coins were worth more than your stock.

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Probably happened a couple of times. But it is not the way to bet. 60 years is a very long time to wait for a return on investment.

60 years ago, Silver was about $1.50 an ounce. Today silver is about $18 an ounce, or 12X increase over the 60 years.

60 years ago the Dow was about $786. Today it is $20,471, or 26X increase over the 60 years.

Before 1964, silver was pegged to the dollar.