Discussion in 'Bullion Investing' started by Coin Chick, Apr 10, 2011.
Silver hasn't gone anywhere in years. What's your point?
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To each their own!
What's yours? Look at the current price. If you spent the same on silver and gold on 1-2-2020 you'd be richer if you would have bought silver.
Not sure what you mean. It's not opinion. Look up the history. Silver never goes up in dollar amounts as fast as Gold. Percentage, yes, dollars, no.
I never said it did!
I'm a collector but I also invest and I diversify. In pm's, stocks, etc. it makes no difference, you can't just go for one thing. I have my gold and I have my silver. I even have a little of the other pm's. But there are some people that if you don't agree or invest differently than they do....well, we'll just leave it at that.
Not true. They have both gone up the same since 1-2-2020. The GSR was 84 then and 84 now. The premiums on silver are much higher.
Of course LAPS had to make a comment to that. Gotta love silver pumpers so so quite until silver goes up $2. Lol
They are all excited that silver they paid a $12 premium on went up $3.
So it sounds like you don't have a fundamental issue investing in silver, you just feel the premiums have been too high recently. Is that correct?
I think many here will agree that buyer premiums need to be considered, whether it's at an auction or purchasing precious metals. But aren't there better ways to make your point than to pull up multi-year old threads and with the benefit of hindsight, make fun of people who made the wrong prediction? Nobody is making fun of you for touting Platinum last June. You were willing to say why you felt it would go up, but we're wrong. It happens. Does that mean you should be trolled over it?
It's always interesting to read well reasoned posts on why a specific PM will go up or down. It's a waste of band-width to pull up old threads to troll others.
Just my opinion
I believe you've a valid respected opinion, as we all have occasionally, but it's a futile exercise having a discussion with an antagonist.
Thanks for your post.
Are you buying/selling? I'm successfully doing both, just switching commodities, which I believe will advance future value.
Debating between silver and gold is ridiculous. Diversification is the way to invest, so buy both! Who cares if silver did better during a particular time period? Gold will do better during another time period. So what? Buy both and don't worry about which is best, since neither is best. They just are what they are.
Giving someone a hard time for being "wrong" is childish, and not even accurate. They weren't "wrong". Ups and downs are the natural outcome of investing. If you don't want to be "wrong" ever, you can't invest.
My 2 cents.
If I'm off base, I'm glad to hear how. But after I see how people react to my post, I'll most likely "unwatch" this silly thread.
I agree completely. I've always diversified in stocks, bonds, pm's and in everything I invest in. It's the way to go and I've always come out on top. But like I said, some people don't like it when you disagree with them.
Yeah, I've noticed that! <grin>. I've had to block a couple of posters here for that very reason. I may block you know who soon.
I hear you. I've been a member for 6 years. Some things never change. No imagination. Lol
Silver will NEVER be anywhere close to gold, let alone more. So don't worry about it.
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