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<p>[QUOTE=&quot;Collecting Nut, post: 2232942, member: 74863&quot;]If I knew the answers to your questions, I&#039;d be rich beyond belief. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Having said that, you need to understand that PM&#039;s are a commodity and therefore, they can go to zero. That&#039;s not a concern as it&#039;s never happened and not likely to. They go up and they go down. Premiums for buying are higher than normal but then, so is the amount of demand. It&#039;s high. You need to ask yourself, why do I want to buy PM&#039;s.</p><p><br /></p><p>If for investment, no problem. Start buying now. If the price drops, buy more and lower your overall costs. Keep buying as much as you can until the price goes up. Stop buying when you feel the price is too high and enjoy the ride to profits. Sell when you think it&#039;s not going any higher. If it does, you still made money. Be happy, not greedy. You&#039;ll never time the markets. Trying to do so will only result in a loss and grave disappointment.</p><p><br /></p><p>Also, PM&#039;s are not for the faint of heart. It takes guts to buy and stick with them as they are extremely volatile. They react to any and everything. You might buy and then the price drops, big time. In a week, maybe 2 or a month, it&#039;ll be higher than when it dropped.</p><p><br /></p><p>Silver hit $48.00 per ounce 4 years ago (I&#039;m rounding). When it hit $20.00 per ounce, I started buying knowing full well it would continue to drop. I&#039;m still buying at it&#039;s current price $14.50 per ounce. My average cost is around $16.00 per ounce. I bought bullion, and junk silver coins, any coin with silver. And I&#039;ll continue to buy. I&#039;m like my own little bank, hording as much as I can. Why? If the largest bank investment bank in America is buying and holding, why shouldn&#039;t I? Follow the big money. It&#039;s worked for me on the up and down sides. Buy and be patient. My best.[/QUOTE]</p><p><br /></p>

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