Page 1 of 10 12345>Last »
Topic Options
#874015 - 08/11/05 05:56 PM Is Buying Silver Bullion a good idea? Any thoughts appreciated also!
davidking623 Offline
If you have a dream about out-posting me, you better wake up and apologize.


Registered: 01/09/03
Posts: 2571
Loc: Post Falls Idaho Watching wolv...
Just wondering what the general thinking is on this subject?

Thanks

Davidking623
Is buying Silver Bullion Rounds a good Idea?
You may choose only one
Yes
No


Votes accepted starting: 08/11/05 05:54 PM
You must vote before you can view the results of this poll.


Top
Share
#874016 - 08/12/05 07:47 PM Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also! [Re: davidking623]
MTHead Offline
If you have a dream about out-posting me, you better wake up and apologize.


Registered: 12/07/04
Posts: 2503
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?
_________________________
It's true. Apparently I have left the building.

Top
#874017 - 10/01/05 06:49 PM Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also! [Re: davidking623]
delekkerste Offline

James Bond wears a Rolex...the rest is just product placement.

TOTAL NEWBIE


Registered: 08/21/02
Posts: 11586
Loc: New York, NY
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.
_________________________
"Buy because you love it, because the next generation in all likelihood ain't gonna love it as much as you did." - Gene P.

"The problem with bubbles is that they force one to decide whether to look like an insufficiently_thoughtful_person before the peak, or an insufficiently_thoughtful_person after the peak." - Dr. John Hussman

"No asset is so good that it can't become a bad investment if bought at too high a price." - Howard Marks

"You might be able to light a match in a gunpowder factory and survive. But it doesn't mean you're not an insufficiently_thoughtful_person." - John Mauldin

"The difference between stupidity and genius is that genius has its limits." - Albert Einstein

The plural of "anecdote" is not "evidence".

Price is what you pay, value is what you get.

It's not what you buy, it's when you buy.

It's better to be thought a fool than to open your wallet and remove all doubt.


My ComicArtFans.com Online Comic Art Gallery

Top
#874018 - 10/03/05 12:00 PM Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also! [Re: delekkerste]
shadroch Offline
TOTAL NEWBIE


Registered: 10/28/02
Posts: 25918
Loc: Jet Blue Flight 711
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.
_________________________

The one best place to bury a good dog is in the heart of its master.


Comic rich but cash poor?
I will lend you money with your CGC comics as collateral. PM for details.
All transactions 100% confidential


Top
#874019 - 10/05/05 03:02 PM Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also! [Re: shadroch]
jtryka Offline
TOTAL NEWBIE


Registered: 08/08/02
Posts: 7476
Loc: The Crossroads of America
I'd rather have gold, but I do buy silver, at least a roll of silver eagles every year, plus junk silver every now and then. I also agree with MTHead in that foreign silver is pretty cool. I buy for melt value from a local dealer that comes to the local show each month. Lately I've been fascinated by coins that were once pegged to the dollar, like Panama, Columbia etc. such that the coins have the same silver content as US issues. Though Swiss and French francs are probably some of the nicest designs for silver coins with the standing and walking Liberties.
_________________________
The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is itís natural manure - Thos. Jefferson

"I think our coinage is artistically of atrocious hideousness." Theodore Roosevelt, December 27, 1904.

Top
#874020 - 10/06/05 06:48 PM Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also! [Re: davidking623]
davidking623 Offline
If you have a dream about out-posting me, you better wake up and apologize.


Registered: 01/09/03
Posts: 2571
Loc: Post Falls Idaho Watching wolv...
Thanks guys for your input! I would appreciate more as I feel very strong about owning bulk silver its a commodity that will balloon overnight or during the day and I am buying it only for that reason.Gold is nice but I believe above ground Silver is more rare because of the uses of silver vs. Gold.Thanks

Davidking623

Top
#874021 - 10/06/05 06:50 PM Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also! [Re: delekkerste]
davidking623 Offline
If you have a dream about out-posting me, you better wake up and apologize.


Registered: 01/09/03
Posts: 2571
Loc: Post Falls Idaho Watching wolv...
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

Top
#874022 - 11/22/05 01:37 PM Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also! [Re: davidking623]
cybersharque Offline
Learning the Ropes


Registered: 11/03/05
Posts: 28
Loc: New York City
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).
_________________________
Never forget--you get better results with a kind word AND A TWO-BY-FOUR than you do with just a kind word.

Top
#874023 - 11/24/05 03:00 AM Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also! [Re: cybersharque]
davidking623 Offline
If you have a dream about out-posting me, you better wake up and apologize.


Registered: 01/09/03
Posts: 2571
Loc: Post Falls Idaho Watching wolv...
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

Top
#874024 - 11/30/05 08:28 AM Re: Is Buying Silver Bullion a good idea? Any thoughts appreciated also! [Re: cybersharque]
EZ_E Offline
TOTAL NEWBIE


Registered: 10/15/02
Posts: 8903
Loc: Sin City
Quote:

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).




Very intelligent post which will probably hold true.

Also worth mentioning is that many Radiology departments are going filmless due to digital radiography. This alone is a huge section of the silver market.

There is a silver recovery system on chemical processors which recover much of the silver on x-rays which is washed away, which proves the amount of silver used is enormous.
_________________________


Top
Page 1 of 10 12345>Last »


Moderator:  dena, ngcmod, Jay Turner, CCGmod0, PaulS., Barbara T, Keith Zaner 
Hop to:
Boards Information
Please read the
TERMS OF USE - BOARD GUIDELINES
for the rules of moderation on the boards.



Search
The Money Marketplace
eBay: 5 oz ATB NGC graded, MS70 ASE, ending tomorrow night
by stldanceartist
12:53 PM
$1000, $500 and (3) $100 Bills up for sale
by TetonWarrior
11:40 PM
FS: 1795 $1 DB VF30 OGH & 1805 50c XF45
by Rayman311
08:22 AM
1950 PCGS PF-65 CAM Franklin CAC
by jimbucks
04/16/14 09:08 PM
Comics Marketplace
Astonishing Tales #25 CGC 9.6 SS
by The Resurrection
WD 108, Kingdom Come set, #1s etc. Ends Sunday
by JOEY GUNZ
WonderCon 2014 Sale! Exclusives, Comics, Funkos,Figures, Cast Signed Stuff &More
by Comic Book Guy
how about a big modern thread with keys and all sorts of hotness???
by Comicbooksgo.com
Advertisements

Generated in 0.014 seconds in which 0.002 seconds were spent on a total of 17 queries. Zlib compression enabled.