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<p>[QUOTE="tommybee, post: 917136, member: 24999"]I buy silver once a month at a local show. I don't really care about spot right now. I think silver is way undervalued. Plus, I'm not looking to turn it over and try to make a profit. I'll hold long term unless silver hits $40 an ounce. In that scenario, I'll sell half of what I have to recoup my original investment.</p><p><br /></p><p>I bought 5 rolls of silver eagles at the show last week. Price was right at $400 a roll. If you buy on eBay or from a brick and mortar dealer you'll pay $30 -$50 bucks more per roll.</p><p><br /></p><p>I'm always looking for junk silver, too. Unfortunately, most seller want a premium over spot. That's not going to happen. I'll pay .25 per oz under spot. Which I think is a very fair price. </p><p><br /></p><p>I keep thinking I should buy some gold, but every time I see a Goldline commercial on TV I think...."the price of gold is driven by fear and is an absolute bubble." Silver is also a hedge against inflation and irresponsible government spending, but has the upside of having industrial applications. Once the economy gets going again industry is going to need silver. I'll buy gold when it comes down to $800 an ounce again. And it will.[/QUOTE]</p><p><br /></p>
[QUOTE="tommybee, post: 917136, member: 24999"]I buy silver once a month at a local show. I don't really care about spot right now. I think silver is way undervalued. Plus, I'm not looking to turn it over and try to make a profit. I'll hold long term unless silver hits $40 an ounce. In that scenario, I'll sell half of what I have to recoup my original investment. I bought 5 rolls of silver eagles at the show last week. Price was right at $400 a roll. If you buy on eBay or from a brick and mortar dealer you'll pay $30 -$50 bucks more per roll. I'm always looking for junk silver, too. Unfortunately, most seller want a premium over spot. That's not going to happen. I'll pay .25 per oz under spot. Which I think is a very fair price. I keep thinking I should buy some gold, but every time I see a Goldline commercial on TV I think...."the price of gold is driven by fear and is an absolute bubble." Silver is also a hedge against inflation and irresponsible government spending, but has the upside of having industrial applications. Once the economy gets going again industry is going to need silver. I'll buy gold when it comes down to $800 an ounce again. And it will.[/QUOTE]
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