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<p>[QUOTE=&quot;Prime Mover, post: 1488559, member: 38783&quot;]At the moment I&#039;m not &quot;buying&quot; silver per se, but trading in other forms of it to get newer bullion so the current price isn&#039;t as important to me right away.&nbsp; For example I&#039;ve cleaned out my parents house a couple years ago, and am finally sifting through the last of all the stuff they had.&nbsp; I&#039;m finding silverware (plated and pure sterling), as well as jewelry and other things above and beyond the coin collections.&nbsp; I&#039;ve been taking all that and trading it in for both silver and gold pieces of the same weights - i.e. last bunch of silverware I turned in equalled 60 oz of silver, so I got a mix of bars and rounds.&nbsp; To date I&#039;m up to about 150oz silver and about 3 oz gold in just the exchanged bullion.&nbsp; Once I&#039;m done with all that, I&#039;ll assess where things are and probably start buying silver and gold little by little over time.&nbsp; </p><p><br /></p><p>I view this not as an investment turnaround (i.e. buy low, sell high, lather rinse repeat), but more as insurance over the long term.&nbsp; For me, if it keeps place with inflation I&#039;m happy because to me it seems more secure than having US bonds in the portfolio.&nbsp; I have something physical, as well as something that&#039;s globally recognized and has weight behind it (pun intended), much more so than printed paper stuffs.&nbsp; I can sell it if I need it in hard times, and it will always hold some sort of intrinsic market value that can be exchanged for whatever at the time, be it real goods, or more printed paper stuffs.[/QUOTE]</p><p><br /></p>

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