In your opinion is now the time to buy silver...

Julio

You can answer just yes or no, but an explanation of your reasoning would be useful.

I'm buying as I fear we have inflation coming. Thanks, jws

cohodk

My advice is that you should NEVER make an investment decision based on fear.

Julio

Codhook, good advice. Fear was a poor choice of words. It would have been better stated that I see inflation coming which I think would be good for silver. take Care, jws

Cladiator

I'm buying but not based on any greater economic issues. I've wanted 5% of my savings to be in PM's for a quite some time now. I felt since the price of silver has recently dropped so much that there's no time like the present to acomplish this goal. I'm about 60% done, hopefully the prices will stay low until I'm at 100%.

Musky1011

I buy silver coins when I see a good deal no matter when it is

Have any to sell???

roadrunner

I've been at my 100% level since 1st QTR 2008. It would have to go back under single digits (like $6-8) for me to want to add more. My answer might be totally different if I were looking to start from having no silver.

Invest to take advantage of the fear shown by other investors. Buy when others are fearful, sell when they are jubilant and enthusiastic.

roadrunner

Julio

Musky, none I want to part with, but I'll keep you in mind if/when I do decide to part with some.

roadrunner, you are a man who thinks like I do. Take Cafe, jws

Deadhorse

Yes, It is a good time to buy, try to get the best price you can as always.

I had been buying gold exclusively for a change, but I'm switching back to silver for now at least.

See my post in the "silver is sneaking up" thread.

cladking

Silver has been valuable to man for upward of 6000 years probably.

There has never been a better time to invest in it. Don't bet the rent
and don't get crazy but if we are to survive the factories have to keep
running. There is simply no alternative.

There is probably no alternative to inflation either.

Never before has a situation like this existed on a global scale. Sure
commodities have been in short supply locally and silver was scarce for
the pyramid builders but never has there been a commodity so import-
ant to the world that was so relatively scarce and relatively cheap and
the situation existed everywhere.

This is not a condition that could be turned around quickly. Even huge-
ly higher prices would result in rapidly falling supplies unless the world
economies turn around and start making zinc, lead, and copper again.
These moines simply can't be operated profitably as silver mines even
if silver were at many multiples of its current price.

This isn't to say silver must go up but that it can simply get away from
everyone and do it very very quickly.

Norseman88

IMHO it would have been better to buy it a few weeks ago when it was around $9, but for a long term hold as a hedge against inflation it really doesn't matter if you pay $11-$12. Maybe it drops $1-$2 again after a little run up in price but then again maybe it doesn't.
I've been converting some of my 90% silver into .999 bars and rounds as there is currently a premium on 90% relative to .999, when Silver finally breaks out I think that 90% will trade at a significant discount relative to .999 like it did back in 79-80.

cars

IMO anytime is a good time to buy silver. last longer than candy bars, dvd's and CPU's.

Julio

Norseman, I agree always buy as cheap as possible. Ive been building my stash for about 30 yrs.

I got alot when I owned a payphone company, yes back then, {early 70's} you could still find it.

I picked up my 1st. 100 0z bar when silver was below nine.

There is a thread here somewhere, where I was trying to figure out if I had said, buy at $8.00, or $8.00 and change. I pulled the trigger at $8.96.

My crystal ball is in the pawn shop , but I purchased some tonight. I just believe silver even at these prices is a worthwhile investment.

Cladking has the right idea IMO and I'm almost there; a certian percentage invested in PM's.

Heck, I've been wrong before but I'm not spending money I can't afford to loose. Take Care, jws.

Norseman88

<< <i>Norseman, I agree always buy as cheap as possible. Ive been building my stash for about 30 yrs.

I got alot when I owned a payphone company, yes back then, {early 70's} you could still find it.

I picked up my 1st. 100 0z bar when silver was below nine.

There is a thread here somewhere, where I was trying to figure out if I had said, buy at $8.00, or $8.00 and change. I pulled the trigger at $8.96.

My crystal ball is in the pawn shop , but I purchased some tonight. I just believe silver even at these prices is a worthwhile investment.

Cladking has the right idea IMO and I'm almost there; a certian percentage invested in PM's.

Heck, I've been wrong before but I'm not spending money I can't afford to loose. Take Care, jws. >>


I've been investing in Silver since the early 90's buying some here and there as funds permited. I can remember attendiong a coin show and a dealer had $100 face of walkers for $1.40 each and I thought this is crazy so I bought them all and so it went over the years until I now have over 12,000 ounces of Silver. The crazy thing is I didn't even know how much I had until I got it all out one day and did an inventory.
I don't buy much any more unless I can find a Vam or an unusual Silver bar, I'm afarid I've developed a Silver addiction but hey it's better than being a drug addict or have a gambling problem.

Julio

"I'm afarid I've developed a Silver addiction". Norseman

Maybe we should start a 12 step program,. jws

Norseman88

<< <i>"I'm afarid I've developed a Silver addiction". Norseman

Maybe we should start a 12 step program,. jws >>


It would never work on me...I'm a junkie for life, or at least until Silver hit's my target price.