Silver as an investment

Discussion in 'Bullion Investing' started by myownprivy, Mar 29, 2019.

  1. goldcollector

    goldcollector Member

    Of course let's not forget about dividends and ASSUME they are all reinvested.

    But by all means let's ignore taxes, loads, fees, etc. Because if we don't ignore them we are right back to the original chart where Gold is above everything nearly the entire life of the chart.
     
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  3. medoraman

    medoraman Supporter! Supporter

    The problem with that chart is that gold was artificially manipulated lower by the government for 40 years. Of course, off such an abnormally low value it would perform well when not manipulated.

    With all such charts, date choice is how you manipulate your story.

    Btw, last I read, you have to pay taxes on gains in PM as well as gains in stocks.
     
  4. -jeffB

    -jeffB Greshams LEO Supporter

    Yes, let's assume that our investor has the basic competence to invest the extra cash that accumulates in his account over time. What do you do with the extra cash that exudes from your gold bars while you let them sit? Does your security team periodically scrape it off and use it to buy more gold?

    Just as we ignore the costs associated with buying and selling gold. If you have an arrangement that lets you buy or sell any quantity of physical gold at the current spot price for a $5-10 flat fee, with negligible delay, no matter where you are, as long as it's during the exchange's operating hours, I'd love to hear about it.
     
  5. goldcollector

    goldcollector Member

    Very few people report bullion profits. You have no choice but to report your stock earnings, there is a paper trail. I generally don't even get receipts either way on Gold.

    I would be Willing to bet very few of you guys reported silver earnings when you all sold out back at $49.82 in 2011.

    Not many people reinvest dividends, otherwise what's the point of receiving dividends. The company should do like most and not pay dividends rather just reinvest them. But no, people like "dividend income".

    Of the original s&p 500 only 60 remain = 12%. Most of those 88% that don't remain went bankrupt. Current S&p companies will also failor at least by replaced by more successful companies, thus S&P returns are falsy stated.

    Meanwhile paper gold and paper silver is sold like its the real thing, depressing actual prices. Even with this, Gold has crushed the S&P this century.

    This is " bullion investing", it was always a discussion of Gold vs Silver vs Platinum vs Palladium. Since silver always loses people now want to make it Gold vs Stocks or Pokemon Cards or Pet Rocks or whatever they want to claim they made their millions off of.
     
  6. goldcollector

    goldcollector Member

  7. goldcollector

    goldcollector Member

    Notice in both of the charts you posted silver is dead last, below everything.

    Even after you apply all your hocus pocus assumptions, gold remains #2 out of 5 on chart 2.

    So gold is #1 then #2 on the 2 charts. Silver is dead last on both.

    I have never once made any comments about stocks, pet rocks, baseball cards, etc. Not 1 comment pro or con on this board in the whole 12 years about those "investments"

    I have continually stated that between silver and gold, gold is and always will be the winner. It is far superior to silver's "powerball" appeal to the masses.

    Thanks for proving me correct.
     
  8. Clawcoins

    Clawcoins Well-Known Member

    if you have a retirement account, and are not of the age for distributions, one probably is automatically DRIP'ing the dividends and do not know it.

    Since I'm not retired even my stocks I have everything reinvested. I have no need for the income at this time which would hit at my current taxable rate which stereotypically is higher than in retirement.

    Also, my PMs don't provide dividends.
     
    Last edited: Apr 20, 2019 at 1:04 AM
  9. FryDaddyJr

    FryDaddyJr Junior Member

    I'd be willing to bet more here were buying at 40's than selling.
     
  10. medoraman

    medoraman Supporter! Supporter

    One, just because some people choose to risk jail to not report earnings on something does not make it non-taxable.

    Second, I reinvest every dime of dividends. I prefer dividend paying stocks to prove the reported profits are real, and give discipline to management that everything isn't an open checkbook.

    Third, you are right about stock indexes changing. Fortunately for you, it's no longer a problem since you can buy index funds that will buy and sell as indexes change for you. You no longer have to hold individual stock certificates.
     
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