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<p>[QUOTE=&quot;tommybee, post: 961813, member: 24999&quot;]I got into the PM game very recently.&nbsp; Since January I&#039;ve bought close to 1000 oz of silver.&nbsp; I have some junk, some bars, generic rounds, SAE&#039;s, Maples, Libertads and Prospectors.</p><p><br /></p><p>I didn&#039;t buy silver to get rich.&nbsp; I bought it to further diversify my portfolio and preserve the 17k in wealth I used to purchase it.&nbsp; I have a 401k.&nbsp; I have some land holdings.&nbsp; I have cash.</p><p><br /></p><p>I like silver more than gold right now.&nbsp; Silver is a PM that has industrial applications.&nbsp; Like gold it is a store of wealth and should preserve wealth in a poor economy.&nbsp; Unlike gold, silver has industrial applications which should make it more valuable if the economy gets going again.&nbsp; I think silver has the potential for upside in good and bad economic times.</p><p><br /></p><p>How do I know I&#039;m right?&nbsp; How do I know silver will increase in value?&nbsp; I don&#039;t.&nbsp; Its an investment and all investment carries risk.&nbsp; There is risk in holding land.&nbsp; There is risk in having money in a 401k.&nbsp; There is risk holding cash if inflation hits.&nbsp; </p><p><br /></p><p>I want to have as much diversification as possible.&nbsp; Not everything is down at the same time.&nbsp; If that happens and we go to a barter economy we&#039;re all SOL, anyway.&nbsp; Maybe I should buy some guns and ammo, too.....hmmmmmmmm.[/QUOTE]</p><p><br /></p>

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