Posted on 04/28/2015 8:59:46 AM PDT by SeekAndFind
To cast Hillary some new flatware for her inauguration?
Because it is under 16 bucks and ounce.
Gotta protect their ass ets?
Worse case scenario, or are the bullish on a Cruz Administration and its unbridled prosperity as consumers flush with disposable income flock to buy the latest High-Tech-Info Gadgets which just happen to use a lot of Silver...
There are Marxists posting on that site, TEC. What a combination: Preppers and Marxists. Silver may well be undervalued, but I wouldn’t take advice from these guys.
I read somewhere (about a month ago) that the purchase of Silver Eagles is so great that they're using up more silver than is currently being mined in the US.
What happened to the “buy an ounce of silver and bankrupt JP Morgan” guys?
LIVE SPOT PRICE (USD / TROY OZ)
BID ASK +/-
SILVER 16.58 16.63 0.25 17:20
A doomer porn site. Not the sort of people I tend to go to for investment advice. A lot of people in the gold/silver bug community have the tin foil wrapped a little too tight around the head.
I should have bought more and held onto them.
Ah... hindsight.
/johnny
If severe inflation is expected with a concomitant rise in the price of gold, the ratio between the gold price and the silver price will narrow quite a bit. In that scenario silver is a much better investment than gold. Gold is not really an investemnt beyond short term speculation. It holds its value over time, neither rising or falling in value as determined by what a given quantity of gold will purchase in other goods. If you wish to simply hold on to the value of your assets securely (less transaction and storage costs) then one buys gold. If one wants to invest for gain and one expects high inflation then silver is the way to go.
In the last run up when Mr. Hunt tried to get it all, I bought a motorcycle with a couple of rolls of dimes I had from when I was a kid.
/johnny
They are expecting a lot of guests and want to make sure they have enough place settings?
Because China already bought all the gold?
[[Why Is JP Morgan Accumulating The Biggest Stockpile Of Physical Silver In History?]]
They like shiny stuff?
[[Why Is JP Morgan Accumulating The Biggest Stockpile Of Physical Silver In History?]]
Because William Debane tells them to?
DeBane of your existence.
I went to buy silver after the Hunt bust, but the minimum was 100oz. Even then, I figured it was going to cost upwards of $10/oz with commissions.
So, it's at ~$16/oz now, not a great investment over ~30+ years, had I made it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.