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Can of worms - to invest in silver or not
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<p>[QUOTE="Jeffjay, post: 4611536, member: 108581"]I paid $12.30 each for silver eagles in 2006. After selling many of them and making about $3,000 in 2011 I still have a couple hundred of them that cost me nothing. I realize I got lucky and bought when they were low and sold most of them when silver rallied but to say that silver is always a loss is BS. I was buying 90% at 10 to 11 x face 5 years ago.. I realize silver isn't a solid investment all the time but it's worked out fairly well for me. If you've made a boatload of money in the stock market kudos to you it's just something I choose not to do. I prefer to have my money in my hands. I personally have not lost money in the silver market.[/QUOTE]</p><p><br /></p>
[QUOTE="Jeffjay, post: 4611536, member: 108581"]I paid $12.30 each for silver eagles in 2006. After selling many of them and making about $3,000 in 2011 I still have a couple hundred of them that cost me nothing. I realize I got lucky and bought when they were low and sold most of them when silver rallied but to say that silver is always a loss is BS. I was buying 90% at 10 to 11 x face 5 years ago.. I realize silver isn't a solid investment all the time but it's worked out fairly well for me. If you've made a boatload of money in the stock market kudos to you it's just something I choose not to do. I prefer to have my money in my hands. I personally have not lost money in the silver market.[/QUOTE]
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Can of worms - to invest in silver or not
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