#874015 - 08/11/05 05:56 PM
Is Buying Silver Bullion a good idea? Any thoughts appreciated also!
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davidking623
If you have a dream about out-posting me, you better wake up and apologize.
Registered: 01/09/03
Posts: 2538
Loc: Post Falls Idaho Watching wolv...
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Just wondering what the general thinking is on this subject?
Thanks
Davidking623
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#874016 - 08/12/05 07:47 PM
Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also!
[Re: davidking623]
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MTHead
If you have a dream about out-posting me, you better wake up and apologize.
Registered: 12/07/04
Posts: 2503
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I voted No. If I'm going to spend money on silver it's going to be in coin form. Preferably World coin form. Might I suggest you look at some Italian, Swiss, German, French silver?
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#874018 - 10/03/05 12:00 PM
Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also!
[Re: delekkerste]
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shadroch
TOTAL NEWBIE
Registered: 10/28/02
Posts: 21611
Loc: Jet Blue Flight 711
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I buy junk silver. A couple of times a year I hit some local coin shops and pick up various coins that were due to be melted down. In my neighborhood they tend to be Mexican types. Have a few hundred of them and add about 50 a year. Also buy 5 to 10 Silver Eagles and a few Peace Dollars each year. Guess thats bulk silver.
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#874021 - 10/06/05 06:50 PM
Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also!
[Re: delekkerste]
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davidking623
If you have a dream about out-posting me, you better wake up and apologize.
Registered: 01/09/03
Posts: 2538
Loc: Post Falls Idaho Watching wolv...
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Quote:
Quote:
Just wondering what the general thinking is on this subject?
Thanks
Davidking623
It will prove to be a much better store of value than CGC-graded comics, methinks.
Yes this is where I will make a real killing on Silver from the Sales of CGC Graded Comics!
Davidking623
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#874022 - 11/22/05 01:37 PM
Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also!
[Re: davidking623]
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cybersharque
Learning the Ropes
Registered: 11/03/05
Posts: 28
Loc: New York City
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The problem with silver is that its primary "use" was photographic, and that demand has tanked thanks to the digital revolution. There are still some artistic people making silver gelatin prints, and there are even people printing digital photos onto high-end silver papers, but the enormous amounts of silver eaten up by Kodak and the like are kind of at an end.
Next blip in precious metals will be the downturn in platinum thanks to the displacement of catalytic converters by hybrids and alternative-fuel engines. But that will take longer, and platinum will always have enormous industrial uses as a catalyst. But unless there's a real uptick in people wanting to hold silver coinage, the underlying dynamics for silver are downward. I suspect that the only reason silver is up is that people see it as an alternative to gold, which is overheated (though I think silver will turn down sharply long before gold does, because Arab money will continue to salt bucks away in gold for the foreseeable future).
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#874023 - 11/24/05 03:00 AM
Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also!
[Re: cybersharque]
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davidking623
If you have a dream about out-posting me, you better wake up and apologize.
Registered: 01/09/03
Posts: 2538
Loc: Post Falls Idaho Watching wolv...
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Hello and interesting insight! But to be fair so everyone can know the true facts about the use of Silver you should probably start here Silver uses!
And since I am talking about it why is it the only one that has a users assciation why doesnt Gold or platinum or pladdium or Copper have one its because the users of this Metal is making it more Rare above ground than Gold! Heck even the people that want to keep this stuff at record low prices tell us its rare! For your pleasure of reading it. Silver Eft making the Silver users assciation take notice!
At any rate if Silver goes down I will only be smiling as my dollar buys more Silver!
Davidking623
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