I Want to buy some Silver

richard thurman said:
why cant you just get a safety box at the bank and put your cash there for your children to have instead of this silver?? if that is your reason.
Click to expand...

there will always be naysayers with gold and silver. If you have to ask the question then obviously silver and gold isn't for you.

Gold and silver fluctuate in value (like the stock market). You buy large quantities at lows and sell at peaks. Sure it takes time but it ends up being worth it if you do it correctly.

They are definitely not a get rich quick deal but you can make decent investments and make money.

It will make you more money than a CD right now. CD's are paying like 1.5% right now (which is nothing).

again its no get rich quick deal, but its a fun way of investing.


Plus Who doesn't like shiny stuff?!?! :D
 
The reason you don't put cash in a safe deposit box is because the U.S. dollar has lost 97% of it's value since the FED was created in 1913. One ounce of silver was a weeks pay for a roman soldier. Most of the world's population still lives on that equivalent. U.S. dollars have no intrinsic value while silver and gold do.
 
richard thurman said:
why don't you just buy and sale knifes then?? they are something you know about too.
Click to expand...

Guys do this too. Perfect example is the limited run Spydercos and ZT knives.

They buy them and wait till the item sells out and hammer the secondary market.

I'm not into screwing over friends and people on this forum with high secondary prices; just cause I have a knife they want :)

With silver and gold the market controls the value and I'm fine with that.
 
richard thurman said:
why cant you just get a safety box at the bank and put your cash there for your children to have instead of this silver?? if that is your reason.
Click to expand...
Well the thing that concerns me is that US currency is going to lose much of it's value when it becomes clear that we are not able to pay our debts. I would think much of the world is already losing faith in our gov't and it's ability to keep up w/the rising debt. I don't know a whole lot about economics, but I have some concern, and I do believe some of the Doc's I've watched about Fiat economies and how they have always failed. I have no faith in our Gov't, it's blatantly corrupt, and it wouldn't surprise me if the debt was worse than they report. I've heard that they have probably sold all of the gold at Ft Knox many times over, so if countries start demanding their physical gold it will start the collapse. The Great Depression started because a NYC shop keeper tried to withdraw his money from the bank. When they didn't give it to him word spread, people panic and faith is lost etc. I've invested a fair amount in Firearms and ammo, and tools and equipment that help us to be more self sufficient. The firearms value has almost doubled w/a huge increase after 2011. And the ammo, forget about it, people are getting up to $100 for a $20 box of .22LR bullets, bullets that were $5-$7 10 years ago. Anyway thanks for the info, Apmex was one I was checking out but I'm going to re-think buying the 40% coins.
 
You must log in or register to reply here.
Back
Top