Silver is under $16 spot. Time to buy some or do think it will get even lower. I've been waiting for under $10 but I just don't think it's going to get that low.

Pot stocks is the next google or Microsoft.
10g now in the right company will make you a millionaire in a few years.

there is never a time to buy silver. the only people making money on silver are the people selling it. four or five years ago someone on here (I think Phil Brown)said they were going to buy when silver got down to $16 per ounce. Hope no one has bought any in hopes of making a profit. Remember you must pay more than spot to get it in quantities.



BOCO might be right "dope" stock may get high.

If you invest in silver you must have a very long time perspective and be prepared to tie your money up for very long periods and if/when silver makes another run you have to be willing to unload it. I am 52 and in my life time silver has only made a few really good runs.
You could plant pine trees from seedlings and have a faster return

I think I bought two 100oz bars in the late 80s at $4 an ounce. That was where it fell to after a rediculus rise. Had two friends who bought five gallon buckets of English coins. Since buying the bars I have seen to go to $40/ounce and fall back to todays price.

Have two kids. Guess I will give then a bar each some day.

I look at a modest outlay in silver as partial insurance against the Apocalypse. I don't consider it a viable investment.

Phys ical silver isn't an investment, it's an insurance policy.

If you want to invest in metals the paper market would be a better vehicle.

Buy Colloidal Silver, way things are going, might be useful someday

Crypto

When silver is down it will never go up and when it is up it will never go down. The last time it was never going down some fellows on here were still buying it to get rich near the top. One fellow was buying on two day downs. It went right on down and down from there. I wonder just how many two day downs he managed to buy.

When the folks selling silver are hiring actors to advertise their product on TV it's NOT a good time to buy. Other commercials tell you the price of silver is low (true) but is in great demand and soon will be worth much more. When ever is the price of a commodity "in great demand" low? Only when the supply is even greater than the demand is the price low. But hey, maybe you just can't resist getting one of those "full bags of silver."

Concur.

Much wiser to invest heavily in brass, copper, and lead, in various proportions and configurations.


Can be used, or re-sold at any time, and is the 'best insurance' against the "Apocalypse".



Charlie

Yep that combo will get you whatever you need in the hard times and let you keep what you already have! LOL

Invest in phone booths, calendars, road atlases and floppy disks. Can't miss.

I'm heavily invested in lead right now. About 150 grains at a time.

Silver has a great fluctuation over time but it peaks it seems over long time periods! I remember getting trap shooting trophies (silver coins) back in the 2000s and thinking I had something for my $150 days expense then seeing the they were $5.40 an ounce back then.

Over the years it has been above $30 an ounce so if a guy bought it in quantity a good profit would be made. Seeing what a bank pays today in the long term silver could be a winner in the long run maybe.

I was told at an early age to always have some of your portfolio in precious metals, basically silver or gold. I bought shares in a gold mining company and
it pretty much stayed flat for about ten years. I sold and the company was sold later as I continued following it. I am not sure why advisors think or thought this but to me it seems you could make more in a savings account at 1% interest which we all know is a joke.