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<p>[QUOTE=&quot;-jeffB, post: 2971393, member: 27832&quot;]NO, bullion investing is NOT &quot;safe&quot; in the sense of &quot;I&#039;ll make a profit in ten years&quot;.</p><p><br /></p><p>Take a look at any long-term silver price chart. There are peaks, valleys, and long stretches where it stays more or less the same. Are we in a valley, or the base of a big climb, or the top of a longer fall? There&#039;s absolutely no way to be sure.</p><p><br /></p><p>I&#039;m sitting a lot of silver that cost me a lot <i>more</i> when I bought it in 2011 and 2012. There&#039;s a chance I&#039;ll see silver prices back at that level <i>sometime</i> in the next 20-40 years, but I&#039;m not counting on it. More than 40 years out, there&#039;s little chance I&#039;ll see much of anything. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p>The other thing to remember is that if you&#039;re buying and selling silver to a dealer, you&#039;ll pay more when you buy, and get less when you sell. For a high-volume dealer, the difference might be 10% or less; for smaller local dealers, it&#039;ll likely be higher. That buy-sell spread will eat up part of any gain that silver makes while you&#039;re holding it.</p><p><br /></p><p>If you have a way to buy silver for less and sell it for more, forget about holding it; just buy it and sell it as quickly as you can, harvesting and compounding your profit.</p><p><br /></p><p>And like [USER=73190]@Garlicus[/USER] said, if you know of a place to get 7% on <i>savings</i> (as opposed to a portfolio that has historically <i>averaged</i> 7%), please share![/QUOTE]</p><p><br /></p>

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