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<p>[QUOTE="Clawcoins, post: 2991581, member: 77814"]It's a simple concept.</p><p>1 - he's buying as he's assuming over a long period of time Silver will increase in valuation. Since I started buying in 1997 or so I'd have to concur and can't argue against that concept.</p><p>2 - he's also buying for future heirs. Which for the heirs they have $0 financial out of pocket for all of his silver, thus it's a gigantic windfall profit. Nothing wrong with that either as I also consider that when I buy coins. At some point I'll ask the kids if they are interested in anything and if not start whittling my collection down and increase my cash reserves instead.</p><p><br /></p><p>But I'll also add, I also like to buy on the lower spot price as I can, for example, get 6 instead of 5 ASEs for a minimum of $100. But I'm just cheap.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 2991581, member: 77814"]It's a simple concept. 1 - he's buying as he's assuming over a long period of time Silver will increase in valuation. Since I started buying in 1997 or so I'd have to concur and can't argue against that concept. 2 - he's also buying for future heirs. Which for the heirs they have $0 financial out of pocket for all of his silver, thus it's a gigantic windfall profit. Nothing wrong with that either as I also consider that when I buy coins. At some point I'll ask the kids if they are interested in anything and if not start whittling my collection down and increase my cash reserves instead. But I'll also add, I also like to buy on the lower spot price as I can, for example, get 6 instead of 5 ASEs for a minimum of $100. But I'm just cheap.[/QUOTE]
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