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<p>[QUOTE="-jeffB, post: 2961785, member: 27832"]If you're trying to make money on silver, you've got to think about where you're buying and where you're selling.</p><p><br /></p><p>If you buy and sell at retail, you're paying overhead for the dealer.</p><p><br /></p><p>If you're a dealer, you can buy below retail and sell at retail, but then you've got to cover your overhead.</p><p><br /></p><p>If you <i>can't</i> buy at a discount and sell at a premium, how will you make money? If you <i>assume</i> silver will go up, you're not investing, you're speculating (aka gambling). And even if silver and gold go up in the long term ("ounce of gold, nice suit, ancient Rome, etc."), merely <i>keeping up with</i> the cost of living isn't much of an achievement.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2961785, member: 27832"]If you're trying to make money on silver, you've got to think about where you're buying and where you're selling. If you buy and sell at retail, you're paying overhead for the dealer. If you're a dealer, you can buy below retail and sell at retail, but then you've got to cover your overhead. If you [I]can't[/I] buy at a discount and sell at a premium, how will you make money? If you [I]assume[/I] silver will go up, you're not investing, you're speculating (aka gambling). And even if silver and gold go up in the long term ("ounce of gold, nice suit, ancient Rome, etc."), merely [I]keeping up with[/I] the cost of living isn't much of an achievement.[/QUOTE]
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