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<p>[QUOTE="medoraman, post: 1925807, member: 26302"]I agree junk silver is a good medium to buy silver. I have also been preaching that many premiums disappear is pm spikes. I also agree that pm should be a long term investment for most. The buy/sell premiums are too severe for most people to come out ahead on trades, and small investors are pretty bad at buying high/selling low.</p><p><br /></p><p>Regarding your brokerage, I do not feel that inquiry is unfair. They are not designed to be a bank, and you never bought securities. So they have to worry about if you were using the brokerage account to launder funds. Regarding post #20, ALL OF US should always be looking to swap out cash for real assets. Cash is a medium of exchange, not a store of value. It does not matter if we are talking quarters, FRN's, US notes, etc all modern cash is not meant to be a store of long term value. Investments like land, stocks, bonds, and yes PM are used for that purpose. So, I wouldn't blame it on the rich, any rational person should change out cash for long term assets.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1925807, member: 26302"]I agree junk silver is a good medium to buy silver. I have also been preaching that many premiums disappear is pm spikes. I also agree that pm should be a long term investment for most. The buy/sell premiums are too severe for most people to come out ahead on trades, and small investors are pretty bad at buying high/selling low. Regarding your brokerage, I do not feel that inquiry is unfair. They are not designed to be a bank, and you never bought securities. So they have to worry about if you were using the brokerage account to launder funds. Regarding post #20, ALL OF US should always be looking to swap out cash for real assets. Cash is a medium of exchange, not a store of value. It does not matter if we are talking quarters, FRN's, US notes, etc all modern cash is not meant to be a store of long term value. Investments like land, stocks, bonds, and yes PM are used for that purpose. So, I wouldn't blame it on the rich, any rational person should change out cash for long term assets.[/QUOTE]
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