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<p>[QUOTE="huntsman53, post: 348522, member: 1242"]The decision is really up to you and should be based on sound advice and thinking! Check with as many folks and especially professional Investors if possible but keep your options open and don't make a quick and possibly rash decision on the matter. If it were me, I would watch the prices of Silver to see if it continues to come down and if it does and stabilizes (remains near the same price for several weeks), then I would purchase as much Silver as possible. Although at this point in time, an investment in Silver will probably not make anywhere near the profit margin that you would have made, had you invested in Silver in November 2001 and sold it at it's high this month, it is possible that you could make a really nice profit and one in which most other ways cannot even come close. I have put some figures below, just to give you an idea of what someone could have made on Silver versus Gold during the period from 2001 to March 2008.</p><p><br /></p><p>Note: The low and high prices of Gold and Silver may not be exact to the dollar since Kitco's Historical Charts usually only give the Closing Price each day but they are close enough for this example. A $250,000 investment is used in this example and I did not include any fees charged as with such a large purchase, the Dealer would probably forgo any extra fees.</p><p><br /></p><p><br /></p><p>Purchase 61,425.06 ounces of Silver in November 2001 at it's low of $4.07 an ounce. Purchase 976.56 ounces of Gold in February or April 2001 at it's low of $256.00 an ounce. Sell the Silver in March 2008 at it's high of $20.95 an ounce for $1,286,855.01 which is a gain of $1,036,855.01 over the initial investment. Sell the Gold in March 2008 at it's high of $1024.00 an ounce for $999,997.44 which is a gain of $749,997.44 over the initial investment. As you can see, a person investing in Silver instead of Gold, would have made approximately $286,857.57 more by investing in Silver.</p><p><br /></p><p>I am not advising you to invest in Silver, I am merely giving you the facts and the potential earnings one could have made by investing in Silver in 2001 and selling it in March of 2008! You must weigh all of the factors after seeking sound advice and consultation from professionals. However, I know of no other investment that would have given you that kind of gain over a seven (7) year period!</p><p><br /></p><p><br /></p><p>Frank[/QUOTE]</p><p><br /></p>
[QUOTE="huntsman53, post: 348522, member: 1242"]The decision is really up to you and should be based on sound advice and thinking! Check with as many folks and especially professional Investors if possible but keep your options open and don't make a quick and possibly rash decision on the matter. If it were me, I would watch the prices of Silver to see if it continues to come down and if it does and stabilizes (remains near the same price for several weeks), then I would purchase as much Silver as possible. Although at this point in time, an investment in Silver will probably not make anywhere near the profit margin that you would have made, had you invested in Silver in November 2001 and sold it at it's high this month, it is possible that you could make a really nice profit and one in which most other ways cannot even come close. I have put some figures below, just to give you an idea of what someone could have made on Silver versus Gold during the period from 2001 to March 2008. Note: The low and high prices of Gold and Silver may not be exact to the dollar since Kitco's Historical Charts usually only give the Closing Price each day but they are close enough for this example. A $250,000 investment is used in this example and I did not include any fees charged as with such a large purchase, the Dealer would probably forgo any extra fees. Purchase 61,425.06 ounces of Silver in November 2001 at it's low of $4.07 an ounce. Purchase 976.56 ounces of Gold in February or April 2001 at it's low of $256.00 an ounce. Sell the Silver in March 2008 at it's high of $20.95 an ounce for $1,286,855.01 which is a gain of $1,036,855.01 over the initial investment. Sell the Gold in March 2008 at it's high of $1024.00 an ounce for $999,997.44 which is a gain of $749,997.44 over the initial investment. As you can see, a person investing in Silver instead of Gold, would have made approximately $286,857.57 more by investing in Silver. I am not advising you to invest in Silver, I am merely giving you the facts and the potential earnings one could have made by investing in Silver in 2001 and selling it in March of 2008! You must weigh all of the factors after seeking sound advice and consultation from professionals. However, I know of no other investment that would have given you that kind of gain over a seven (7) year period! Frank[/QUOTE]
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