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<p>[QUOTE=&quot;rushcoin1, post: 915423, member: 2791&quot;](Actually posted this yesterday, but it has not shown up so will post again now -- Sorry)</p><p><br /></p><p>Investments range very widely if we are going to open up that discussion, but it sounds like you have already decided upon silver, so let&#039;s basically corral the response to your alluded interest area.&nbsp; If the dollar and other paper currencies eventually go the way of the euro, then silver and other precious metals should hopefully hold their own.&nbsp; My contention is that this process is more of a &quot;preservation of value&quot; rather than to supposedly make money, because according to the constitution, gold and silver ARE money -- you are simply swapping highly volatile, erratic, highly manipulated paper, fiat representative currency, for real money. </p><p><br /></p><p>In a crisis, barter-type society, as one responder mentioned, 90 percent silver coins would come in handy.&nbsp; If you only want to hold pure silver, then any reputable, recognizable silver bar or round, including silver eagles, would be fine for long term hold.&nbsp; The dealers I have bought from over the years always charge me a premium for certain types of silver including prospectors and eagles, but when I have sold, they always pay the same to me regardless of what they are buying from me, as long as they are recognizable silver.&nbsp; Selling on eBay one can likely obtain a better premium because buyers realize the perceived premium when bidding, but one also must factor in the multitude of fees they and PayPal charge to sellers.</p><p><br /></p><p>As to real estate, that is not even part of your question, but although it may be a good investment, does not have the portability of coins or bullion.&nbsp; As to bonds, that is fine if you think the fiat paper currency will be sound for the future which is highly questionable at present time.&nbsp; Our GDP to debt ratio is in many cases worse than the countries in trouble in the euro-zone so I personally would not recommend bonds of any kind or any investment that promises to pay one back with increasingly devaluing paper or equivalent units which may become worthless upon the next big bubble.&nbsp; Now that does not mean that metals values cannot also be manipulated as they certainly can and have been for at least the past 30 years, although sooner or later the &quot;chickens will come home to roost&quot; when people realize they must take possession rather than buy more paper representing a supposed storage somewhere.&nbsp; We saw this during the recent 2008 crisis where the premium for actual physical metals grew quite wide from paper values and delivery times spread out to 8 weeks plus in some instances.</p><p><br /></p><p>Some claim that because silver has evolved to an industrial metal, that it no longer will hold its value.&nbsp; That to me is about as bogus a claim as I have heard in many years because it is an oxy-moron as it is used, and used up.&nbsp; New uses for silver are developed regularly and its properties may well hold the cures for nearly all disease as well as water purification, nano-tech applications, electronics, computers, solar, etc., etc., etc.&nbsp; The fact that it is a limited commodity in a world that demands limitless quantities spells only that it is probably way too cheap, even with all of the new finds that have occurred as of late.&nbsp; If the world consumes around a billion ounces per year and the production from mining barely keeps up with that amount, then it matters not if there is a deposit of 30 billion ounces under the Great Wall of China because they are going to mine that over many years and based on past experience, they will need it for their own use rather than share it with the rest of the world at an artificially cheap price. </p><p><br /></p><p>Economic elasticity of silver is the most brilliant characteristic that exists.&nbsp; Products or uses of silver each use only a minuscule amount of silver but in the total aggregate they use a lot and the usage does not lend itself very well to recapturing or recycling used amounts, except perhaps in photographic liquid solutions.&nbsp; That means that each product will go up in price only very slightly whether silver is at $10 or $100 or $1000 per ounce.&nbsp; I don&#039;t feel that the silver I purchased at $5 per ounce is worth any more than the silver I purchased at $20 because it is still only an ounce.&nbsp; What changed is that the paper dollars became worth less rather than the number of ounces each increasing.&nbsp; When Warren Buffet purchased 140 million ounces at around $5 per ounce and took possession of it, he was combining all of my observations into one large transaction and will be rewarded accordingly.&nbsp; The average person can also purchase silver because it is within reach of nearly everyone.&nbsp; (See also my response comment regarding safety deposit boxes)&nbsp; </p><p><br /></p><p>Good luck on your accumulation!&nbsp; rushcoin1 AKA AdamSmith37[/QUOTE]</p><p><br /></p>

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