Wow, this thread had really derailed. Buck to what rguinn originally seeked advice on (if he's even reading this anymore). If you plan to invest in silver regardless of what you think will happen to silver prices, you first need to figure out whether you are in it for the long haul or not. Short term investing requires more risk and the ability to see trends, and I personally would not do it. Now, for long term, you can invest in numismatic value to minimize losses in the event of silver price declines when you are ready to cash in. Although the idea is to make money, so a fair amount of market analysis should still be performed before making investment purchases.
Thanks for bringing it back on point. I disagree with investing in numismatic material, though. Too much buy/sell spread on it versus PM. If you wish to invest in PM, I say buy PM that is in a recognizable form, for the cheapest premium possible.
I don't think so. There has been a thoughtful discussion here. Certainly more useful than restating the 2 post in this topic. I also disagree with the notion that numismatic metal is the only way to invest for the long run. I would consider this to be very unpredictable and hence risky.
I in no way insinuated that, but in your defense I should have finished the story. I simply meant the option of either numismatic versus bullion depends on your point of view on the PM market. But, if silver ever nose dived to say $12.00 per ounce (which I seriously doubt will ever happen), a numismatic investment would likely minimize the losses. Of course, higher dollar coins tend to do better than a common date MS65 example. But, the trends in series popularity play a big role in numismatic value, which leads us back to more market analysis. Giving advice in the investment market is touchy and is a good way to lose friends. So, the best advice is to do your research based on suggestions, rather than blindly take someone's word.
Perhaps because stocks (on average) appreciate as goods are sold at a profit....and PMs produce nothing, the OP's question is mute...so the discussion wanders.
aside from fatima's comments it is in fact a great time to pick up a rental property- low rates low prices -charge decent fair rent. depending on where you live 15K will get you in. I bought silver between $4-$5 an oz- this is not the time to buy silver this is the time to buy real estate
On the contrary, PM's such as silver and the PGM's are essential for electronics of all kinds, solar panels, and vehicle production. Stocks produce nothing, and are not goods. They are a representation of a company which produces goods. Stocks are not the company, they are a share in it. Yes, they do appreciate as goods because of this representation.
The common stocks are an ownership interest in the companies that use the silver and produce the electronics, solar panels and vehicles. There are many good companies that pay the common shareholders a high and rising dividend plus offer the possibility of price appreciation. I like silver a lot [but not as much as when it was $7], but only because I think the price will appreciate some more before the bull market ends and not because I can touch it. People who won't invest in things they can't touch and hold and keep in their house pay a terrible price in opportunity cost for it. Also, just one correction -- stocks are not a representation of a company. They are an ownership share in the company. I think you are confusing them with the "tracking stocks" that were popular for awhile in the 1990s which were a representation and not ownership.