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Faith in Silver . . . Misdirected?
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<p>[QUOTE="SchwaVB57, post: 2888222, member: 84518"]If stacking silver and gold for profit is the only reason you do it, then you are gambling big time as mentioned above. Stacking silver and gold is in my case is a hobby. I like looking at and holding the coins in my hands. Plus, precious metals are far more interesting than paper currency. The majority of silver in my possession was added under $5.00 an ounce, so I am not worried about selling now or at $10.00 an ounce. </p><p>The stock market is a gamble as well, except when it crashes, it drops much faster than silver or gold. </p><p>Unless you are buying hundreds of ounces of precious metals at a time, your profits or losses are minimal when silver rises a dollar or drops a dollar. If you can afford hundreds of ounces at a time, there are much better returns on the dollar to invest in to start with. Just my 2 cents worth![/QUOTE]</p><p><br /></p>
[QUOTE="SchwaVB57, post: 2888222, member: 84518"]If stacking silver and gold for profit is the only reason you do it, then you are gambling big time as mentioned above. Stacking silver and gold is in my case is a hobby. I like looking at and holding the coins in my hands. Plus, precious metals are far more interesting than paper currency. The majority of silver in my possession was added under $5.00 an ounce, so I am not worried about selling now or at $10.00 an ounce. The stock market is a gamble as well, except when it crashes, it drops much faster than silver or gold. Unless you are buying hundreds of ounces of precious metals at a time, your profits or losses are minimal when silver rises a dollar or drops a dollar. If you can afford hundreds of ounces at a time, there are much better returns on the dollar to invest in to start with. Just my 2 cents worth![/QUOTE]
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