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<p>[QUOTE=&quot;DrStrangelove, post: 5961, member: 793&quot;]Good article.&nbsp; </p><p><br /></p><p>Buying silver or gold for the purpose of making money (not collecting) is speculating.&nbsp; Not investing!&nbsp; </p><p>I buy silver betting that the spot price of silver will rise in the near future so I can sell it back (sometimes to the same dealer I bought it from) at a higher price, thus making a profit.&nbsp; It took about 5 years for the price to go from $5 to $8.&nbsp; Which isn&#039;t too bad.&nbsp; But if I had my money stuck in silver for 10 or more years waiting for the price to rise a couple of bucks, then I would have made a bad bet!&nbsp; I could have had my money working for me for all those years (say, in the stock market) instead of sitting in my closet collecting dust.&nbsp; That&#039;s one of the risk in speculating: as soon as you take pocession of the silver or gold, the clock is running against you!&nbsp; When your money is just sitting around, you loose because of a little thing called inflation which slowly but surely robs your money of its value unless it&#039;s working for you.[/QUOTE]</p><p><br /></p>

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