silver?

[rockriver]

a 2$ jump in 90 days and no comments... ? 15% increase!!

why would you reckon?
a friend was buying heavy at local coin market and all the while
telling me that silver is headed back down...
the action doesn't match the talking...

should us uneducated/ uninformed types mortgage the house and buy or
sell the few old silver dollars we've had for decades?

inquiring minds want to know!
where's that ole geezer from tn when you need him?
and his first name was ande I think! lol.... that was poor code!

[cpt_sfc]

Silver is ok but keep in mind that in a few years 22lr went from a $1 box to $5 and over per box, so if you bought 1000 bucks worth of 22 in stead of silver you would have a net gain in return of about 500 percent. SAD I wish they made silver 22lr in case of vampires or ZOMBIES LOL. I still say lead will be the best return on the dollar.

[jimmycthemd]

When the stock market's volatile, PM prices often times rise. This is not a strict rule, but it happens. With oil prices low, the economic instability in China and other things, a few more people are buying PM's as a (maybe temporary) hedge for at least a percentage of their investments. At least that's my humble opinion.

[1Admin]

I haven't been buying silver or gold as much but have been putting money into other functional metals.

Looks like a lot of the sub $15. spot purchases last year will start being worthwhile soon.