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<p>[QUOTE="Del Pinto, post: 2129238, member: 73128"]PMs may certainly be an investment (for experienced speculators, playing a short term trend) but almost no one here - especially the emotionally-invested types - sounds capable/competent to swing that successfully. Best avoid that delusion, altogether. The litmus test: if you cannot guess the year end price range of Ag within a dollar or so, you're out of that league.</p><p><br /></p><p>For almost everyone else, Silver is a poor "investment" in the classical, traditional and modern sense of the word: there's no income dividend nor yield - no capital appreciation either. Those here who point out that Silver is a hedge or deep insurance policy against a catastrophic future scenario are better understanding and prepared.</p><p><br /></p><p>You wouldn't properly call a stockpile of storm batteries an "investment" either: it's a prudent set-aside, the "savings" portion of your total asset portfolio. For that, you buy on discount cautiously.[/QUOTE]</p><p><br /></p>
[QUOTE="Del Pinto, post: 2129238, member: 73128"]PMs may certainly be an investment (for experienced speculators, playing a short term trend) but almost no one here - especially the emotionally-invested types - sounds capable/competent to swing that successfully. Best avoid that delusion, altogether. The litmus test: if you cannot guess the year end price range of Ag within a dollar or so, you're out of that league. For almost everyone else, Silver is a poor "investment" in the classical, traditional and modern sense of the word: there's no income dividend nor yield - no capital appreciation either. Those here who point out that Silver is a hedge or deep insurance policy against a catastrophic future scenario are better understanding and prepared. You wouldn't properly call a stockpile of storm batteries an "investment" either: it's a prudent set-aside, the "savings" portion of your total asset portfolio. For that, you buy on discount cautiously.[/QUOTE]
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