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<p>[QUOTE=&quot;jpcryosurg, post: 1436885, member: 37963&quot;]Great Thread guys and good discussion points. I recently began buying silver 1oz rounds and the $29-34 range is what Ive been willing to risk in bulk (100+Oz at a time). After many years dabbling in the stock market and real-estate I decided to go with my gut and become liquid in all dollar backed assets. No question, I&#039;ve made some significant gains but none with the same security as my silver purchases. Buying physical silver as long term hedge is by far the most secure investment one can make without consideration of the current price per ounce if you&#039;re like me and feel that dollar backed securities are much too volatile. Unfortunately the SEC has allowed ETF&#039;s to enter into the market place which I believe is what drives the prices up and down as any other security on a daily basis. If you think about it, ETF&#039;s are not 100% backed by physical silver or gold therefore owning physical is your best hedge against any dollar or stock collapse. The real value of silver or gold is in its actual purchasing power regardless of what its being traded for on a daily basis. I&#039;ll continue to buy physical at any price point going forward as I know each and every ounce I purchase has real tangible value versus the dollar or any ETF that has created nonexistent value. The saying that possession is 9/10ths the law really is noteworthy when understanding investments. If you don&#039;t have it in your possession you really do not own it. Whatever amounts any of you have in your possession I highly recommend keeping it and buying more when its possible. </p><p>Any advise?</p><p><br /></p><p>JP[/QUOTE]</p><p><br /></p>

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