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<p>[QUOTE=&quot;Cloudsweeper99, post: 1221186, member: 3011&quot;]For my own portfolio, I define risk as the chance of permanent [or at least long term] capital loss.&nbsp; When someone says they are new to silver investment and do not consider it risky, I get concerned that they may not understand that silver is a commodity selling above the cost of production and therefore may fall and stay down for a very long time, and that a dip is not necessarily a buying opportunity.&nbsp; I&#039;m not a big fan of the idea that something is okay to own because it can&#039;t go to zero or because it only takes up a small percentage of a portfolio.&nbsp; The only reason to hold any equity type investment is because the probability of gain greatly outweighs the probability of loss.&nbsp; I considered silver to be virtually risk-free when it was below $10 and I was buying.&nbsp; I still think it&#039;s a good holding and under certain circumstances yet to be determined, and might even be a great holding, but this is no slam-dunk sure thing anymore.[/QUOTE]</p><p><br /></p>

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