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<p>[QUOTE=&quot;fools_gold, post: 765182, member: 20669&quot;]I definitely would like to take advantage of higher silver/gold prices to pay down my mortgage. But I also read somewhere that as PM&#039;s get higher and the USD continues to devalue. It might not even be worth paying down your home loan. I&#039;m trying to get a deep understanding of this.</p><p><br /></p><p>Unlike a lot of those underwater in their homes, I actually have equity and I&#039;m tempted to purchase more PM&#039;s with the equity while interest rates are low. But that puts a little fear into me since so far I&#039;ve been purchasing PM&#039;s with hard earned cash. But if I time it right, I can buy PM&#039;s, sell when they go high, pay back the loan and have some profits. But that definitely steps me out of my comfort zone.</p><p><br /></p><p>Has anyone done anything like that around here?</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Ok so your position is to hoard as much PM&#039;s as possible. Obviously have enough USD cash to go on your daily living, and to only sell PM&#039;s when you need the cash for something correct? Continue this cycle over and over and just make sure that PM&#039;s don&#039;t drop too much?</p><p>Do you have a baseline(floor) in which you will sell PM&#039;s if they drop too far?</p><p><br /></p><p>I agree about the ETF, that&#039;s a perfect method for those looking to do a lot of selling and buying quickly...as long as you understand that you know you&#039;re not really owning any actual gold/silver....take advantage of what you think you own, sell/buy and try to make some quick profits....</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Yeah this goes back to my response to Krispy. I really don&#039;t like holding too much USD but I know I have to. When prices do dip to my satisfactory, then I will have some cash to buy them. If all my money is held up in PM&#039;s, then I won&#039;t have the cash to buy PM&#039;s at a bargain when they dip....</p><p><br /></p><p>I see that most who do own silver try to sell them and get gold. I&#039;m trying to figure out if gold is a better ROI than silver? I&#039;m sure that&#039;s not a question anyone can answer. I know that silver has increased (percentage wise) faster than gold but only because it&#039;s so cheap.</p><p><br /></p><p>So that&#039;s like saying if you have a TV show with 1 viewer, and you get 2. You just doubled your viewership! Marketing folks would love that! But 2 viewers still suck!!</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>This is why I can&#039;t, at least right now, get into the commemorative/numismatic side of collecting. As I&#039;ve said earlier, I&#039;m a simple man. I just like to know how many ounces of something I have, calculate it&#039;s price and call it a day.</p><p><br /></p><p>When I have to start worrying how many were printed, where, when, why and then calculate what it&#039;s really worth, it gives me a headache... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>I just don&#039;t want to keep track of all that. </p><p><br /></p><p>Example: &quot;Yay! I sold a coin today for $10!&quot;</p><p><br /></p><p>Friend - &quot;Was it the coin with the W mint or P?&quot;</p><p><br /></p><p>Me - &quot;I don&#039;t know I think P?&quot;</p><p><br /></p><p>Friend - &quot;Oh man you messed up! The P is worth 10x more! hahaha!&quot;</p><p><br /></p><p>Me - &quot;NOOOooOOOooOO!!!&quot;[/QUOTE]</p><p><br /></p>

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