i had bought silver coin bags from JMB for years so i looked to see what they have today and they have none, zilch, nothing... people musta cleaned them out when it went below $15
My first thought is are they really wanting me to do better or is there something in it for them? If they kept a good thing to themselves, would they not have more of it for themselves? They don't even know me, so why are they so eager to make me secure and well off? Why do they care?
If I had knew of a sure fire way to financial security and a way make easy investment dollars, would I tell others all about it?
There is far less demand for silver nowadays since photography is digital.
Mining companies might want to mint one ounce silver pieces that people could use as currency.
O.K., here is the reality from an Economist. Don’t laugh s I am a free market economist.
While it is possible to make money investing in gold and silver in the short term. The longer term value of gold and silver is:
The cost to mine, refine, and market it; plus what may be an acceptable profit margin. Keep in mind that in the shorter term, due to fixed costs, that acceptable margin may actually be a loss.
REALLY smart speculators might make high profits in trading these or any commodities, but that can also suffer huge losses; something marketers don’t emphasize.
In the end, precious metals are not a good long term investment. The Hunt brothers proved that decades ago, and where are all the people who said gold was cheap at $1,500 - $1,600/oz?
If the dollar keeps going up, we will see the price approaching $12.
It will keep going until it doesn’t.
i had bought silver coin bags from JMB for years so i looked to see what they have today and they have none, zilch, nothing... people musta cleaned them out when it went below $15