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<p>[QUOTE="torontokuba, post: 1816894, member: 56793"]At this point, I see silver as more of an industrial metal. The occasional amount of speculation, doom and gloom, and hype revolving around this commodity is not comparable to any other investment I know of. Those occasional hiccups also seem to be the only times it is actually treated as a quick buck investment.</p><p><br /></p><p>That being said, I know plenty of great dealers who sell just above spot and maintain a respectable attitude. It is what it is, when spot goes up. They do not promise the world, just meet the demand that is created by some of the very public and very dishonest sources. These sources prey on the fears of fearful and insecure individuals.</p><p><br /></p><p>Since 2006 - 2007, I've purchased the odd silver round as an addition to my collection. Spot was around US$12 - US$13/oz., the Canadian dollar was well below par and my price worked out to around $17 per bullion coin. I stopped adding the odd bullion coin to my collection in 2010. At that time the Canadian dollar was at par or higher. My cap was US$26/oz. (shipping included). After that, I just sat back and watched the mayhem.[/QUOTE]</p><p><br /></p>
[QUOTE="torontokuba, post: 1816894, member: 56793"]At this point, I see silver as more of an industrial metal. The occasional amount of speculation, doom and gloom, and hype revolving around this commodity is not comparable to any other investment I know of. Those occasional hiccups also seem to be the only times it is actually treated as a quick buck investment. That being said, I know plenty of great dealers who sell just above spot and maintain a respectable attitude. It is what it is, when spot goes up. They do not promise the world, just meet the demand that is created by some of the very public and very dishonest sources. These sources prey on the fears of fearful and insecure individuals. Since 2006 - 2007, I've purchased the odd silver round as an addition to my collection. Spot was around US$12 - US$13/oz., the Canadian dollar was well below par and my price worked out to around $17 per bullion coin. I stopped adding the odd bullion coin to my collection in 2010. At that time the Canadian dollar was at par or higher. My cap was US$26/oz. (shipping included). After that, I just sat back and watched the mayhem.[/QUOTE]
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