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I seem to recall a target of $18 silver for some to buy in
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<p>[QUOTE="krispy, post: 1737301, member: 19065"]You may not trust them if that kind of investment is not right for you, or if you've never ventured in and held shares to see how they perform, but that's not the case for everyone else whose investment goals can be much different from your own. I'd also wager that ETFs are more liquid if the market starts to tank than is physical. A few clicks these days and you are free of the ETF, even if you end up taking a hit, while the physical is going to take some time to get to and find a buyer for, while time is being lost along with any gains you may have anticipated from the physical. </p><p><br /></p><p>If one bought shares of an ETF like SLV less than 10 years ago, say back around 2006 and shortly thereafter, when it was pricing around $12 to $16/share right as PMs were starting to edge up ahead of the 2008 market crisis (even buying shares as late as 2009), then sold shares of the ETF around the $37-$46/share high in spring 2011, about the time PMs started getting wobbly, then one could have reinvested those gains from the ETF in a lot of physical silver as the spot price (some would say, inevitably) fell. </p><p><br /></p><p>Physical spot is about $19.50 as of this post and SLV now trades around $18.6x. It may no longer be a great opportunity as it was in the past 6-7 years (nor may physical), so one has to redefine their investment outlook when considering such options. I'm just saying, that one can play the other, and neither is likely worth buying if your life depended on it. PM bugs in the media will promote both paper and physical as the price is falling apart and investor confidence flees to cash and other investments, because they are not going to like it when the end of the PM-craze rolls around and their headlines no longer turn heads.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 1737301, member: 19065"]You may not trust them if that kind of investment is not right for you, or if you've never ventured in and held shares to see how they perform, but that's not the case for everyone else whose investment goals can be much different from your own. I'd also wager that ETFs are more liquid if the market starts to tank than is physical. A few clicks these days and you are free of the ETF, even if you end up taking a hit, while the physical is going to take some time to get to and find a buyer for, while time is being lost along with any gains you may have anticipated from the physical. If one bought shares of an ETF like SLV less than 10 years ago, say back around 2006 and shortly thereafter, when it was pricing around $12 to $16/share right as PMs were starting to edge up ahead of the 2008 market crisis (even buying shares as late as 2009), then sold shares of the ETF around the $37-$46/share high in spring 2011, about the time PMs started getting wobbly, then one could have reinvested those gains from the ETF in a lot of physical silver as the spot price (some would say, inevitably) fell. Physical spot is about $19.50 as of this post and SLV now trades around $18.6x. It may no longer be a great opportunity as it was in the past 6-7 years (nor may physical), so one has to redefine their investment outlook when considering such options. I'm just saying, that one can play the other, and neither is likely worth buying if your life depended on it. PM bugs in the media will promote both paper and physical as the price is falling apart and investor confidence flees to cash and other investments, because they are not going to like it when the end of the PM-craze rolls around and their headlines no longer turn heads.[/QUOTE]
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I seem to recall a target of $18 silver for some to buy in
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