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<p>[QUOTE=&quot;vegasvic, post: 423611, member: 15296&quot;]The December shortage of gold and silver is a myth.&nbsp; The production of holiday jewelry is just now winding down as they are filling orders and getting it into the distribution network.&nbsp; I do however agree that 90% silver is the best type to hold, as there is a very small premium to pay.&nbsp; I checked Ebay Silver Eagles on a day the market was down last week about $1.&nbsp; Usually they have 300+ listed, but on this day there was less than 30.&nbsp; So the sellers are starting to sit on their hands.&nbsp;&nbsp; Which is good, because we all know that as supply decreases the demand will increase.&nbsp; I&#039;ve been buying 90% $1000 bags, starting at $14.&nbsp; I&#039;m still buying and will purchase another tomorrow.&nbsp; I believe the market will rebound and I&#039;m cost averaging to reduce my average price.&nbsp; If you buy a bag for $14 an ounce and then a bag for $12 an ounce your average cost becomes $13 an ounce.&nbsp; Many people do this with stocks they believe in and as it drops they increase their holdings lowering their average price.</p><p>I believe in Warren Buffet&#039;s philosophy.&nbsp; People sell on fear and he buys on other people&#039;s fears.&nbsp; If you can&#039;t live with a down market, you should invest in something more secure such as tax-free bonds or CDs.&nbsp; Remember that risk and reward are porportional.&nbsp; The greater risk you take the greater the reward CAN be.&nbsp; However, it&#039;s easy to loss money that way.</p><p>I guess my recommendation would be to only invest what money you can afford to loss.&nbsp; Don&#039;t invest your 401K or the kids college fund.&nbsp; I certainly would not sell rare coins to buy bullion.&nbsp; They will always be mining silver and gold, but they&#039;ll never mint another 1909S VDB.&nbsp; </p><p>Just remember we are just the little guys trying to make a few bucks.&nbsp; The big guys are in the towers on Wall Street and manipulate billions of dollars which aren&#039;t theirs and are paid millions of dollars a year to do it.&nbsp; If you think the market will recede further get ahold of one of the gold commodity firms, most are based in Newprt Beach, CA and learn everything you can.&nbsp; They&#039;ll send you CDs and an abundance of reading material and decide from that if commodities are best for you.&nbsp; Remember that in the late 80&#039;s Hilary Clinton turned $1000 into $100,000.&nbsp; But then again...</p><p>Vegas Vic[/QUOTE]</p><p><br /></p>

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