Message:

<p>[QUOTE=&quot;-jeffB, post: 26574098, member: 27832&quot;]But if the ratio is 1-2 or 1-3 right now (1 vintage piece gets you 2 or 3 generics), it&#039;s likely to be <i>higher</i> when silver falls back - at that point, the vintage piece might get you 4 or 5 generics. The better pieces are more likely to <i>hold their value</i> as silver drops.</p><p><br /></p><p>I&#039;d be looking at it as &quot;hey, I can sell two or three generic bars and get this nice vintage piece with the money. A year ago, I would&#039;ve had to sell four or five generic bars to get it.&quot;</p><p><br /></p><p>But if all you want is the tallest stack you can get, I guess you should <i>never</i> buy or keep the nicer pieces - always go for whatever has the lowest premium. I can&#039;t say that&#039;s the wrong approach, but it&#039;s not what <i>I</i> want, at least not at the moment.</p><p><br /></p><p>Edit to add the obvious point I was missing: if silver <i>continues</i> to soar, the premium on your vintage pieces will just keep compressing, and the generics will soar in sync with spot. I guess I&#039;ve just proven to myself that I really <i>don&#039;t</i> expect silver to keep going up like this, at such a deep-seated level that I&#039;m treating it like common sense. Which, of course, isn&#039;t always a good investment strategy.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in