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Silver..............

BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
in Precious Metals
the poor man's gold.


Yay or nay?
theknowitalltroll;

Comments

  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    This question needs a poll.

  • daOnlyBGdaOnlyBG Posts: 1,060 ✭✭
    I guess so.

    One could argue that since gold is sold in small fractions (1/10 oz, etc) you could buy small amounts... however, premiums are still higher for gold than, say, junk silver.
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  • morgansforevermorgansforever Posts: 8,461 ✭✭✭✭✭
    Do you guys think we saw the bottom of AU & AG a couple weeks ago? Now we're on the up swing?
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  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Silver's anti-microbial properties are only now being commercially exploited - and it is growing fast. It could mean significant gains in the near future. Cheers, RickO
  • KUCHKUCH Posts: 1,186
    Yes, poor man's gold.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    image

    Sold this Morgan to a guy for over $200.

    Yeay... Poor man's gold.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    image

    But of course, like all fair deals...

    I bought it back for over $200 when he needed the money.


    image

    Probably more a medium of exchange for currency than a poor man's gold. More like a smart man's "hiding place for money", from his wife image
    Not even water boarding will force me to tell you his name image
  • chumleychumley Posts: 2,305 ✭✭✭✭
    well I,m poor ,own silver but no gold....so yes
  • guitarwesguitarwes Posts: 9,266 ✭✭✭
    "More like a smart man's "hiding place for money", from his wife"

    not just her, but also from other nosey governing authorities...
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  • LukeMarshallLukeMarshall Posts: 1,983 ✭✭✭✭✭
    I prefer,

    The Money of Gentlemen

    It's all about what the people want...

  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭


    << <i>I guess so.

    One could argue that since gold is sold in small fractions (1/10 oz, etc) you could buy small amounts... however, premiums are still higher for gold than, say, junk silver. >>



    An acquaintance used the term recently and based on the price per ounce it sorta makes sense to me. FWIW, I'm a poorer man at the moment for the gold I own as opposed to the silver I own.
    theknowitalltroll;
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    silver has made a lot of men poor

    MJ
    Walker Proof Digital Album
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  • LochNESSLochNESS Posts: 4,829 ✭✭✭
    How?
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    image
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>How? >>



    It's a highly speculative thinly traded metal. I've seen people jump on board on the way up only to not be able to handle the price action on the way down and then capitulate. Some get sucked in because they think they are getting more bang for their buck over gold. More ounces in their hand and easier to buy in small increments.

    m
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • johnny9434johnny9434 Posts: 28,335 ✭✭✭✭✭
    poor mans gold indeed.
  • PerryHallPerryHall Posts: 46,140 ✭✭✭✭✭


    << <i>Yes, poor man's gold. >>



    Is copper the poor man's silver?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
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  • ThreeThree Posts: 26
    The Nat'l avg. household income is $51,000. For around $20.00 anyone can pretty much afford an oz. of silver on any given day. That can not be said for gold, ($1,3xx.00) not even close.

    I think that cements Silver as "Poor mans Gold"

    Also-

    I think Rich men know this, & buy Silver in bulk then sell it to poor men & become richer.
  • silverinvestorsilverinvestor Posts: 55


    << <i>the poor man's gold.
    Yay or nay? >>



    I'd agree. Especially since the spot prices of the 2 seem to often move in the same direction.

    I'm expecting an upswing in both in the coming months.
  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭
    No, Aluminum Cans are the poor mans Gold

    Silver is a slightly less poor mans Gold

    but Gold is always going to be Gold whether you rich or poor

    Steve
    Promote the Hobby
  • CakesCakes Posts: 3,632 ✭✭✭✭✭
    TwoSides, I have really started to embrace the 10 oz bars. I just bought 2 of the snake ones last week for $1.09 over spot from GM.
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