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<p>[QUOTE="WoodyWW, post: 3909612, member: 26001"]I remember SILVER hitting $25/oz. in late 1979--(but some say it hit $50). Gold was in the $600 range, but then spiked briefly to about $875 in early 1980. These were astonishing prices at the time--PM bugs thought there was going to be Hyper-Inflation in the US, etc.</p><p><br /></p><p>Silver is a lousy investment, unless it's at a really low price point, & then can unload some during a (rare) silver bull market/bubble. Gold can be better, over time I think, if you buy it when it's down. But I wouldn't sell silver at the current price--it "seems" cheap to me, inflation adjusted.</p><p><br /></p><p>I do love gold & silver coins tho--AGE's, ASE's, Morgans, rolls of Unc. Franklin halves, etc. There can be a lot of Psychic Satisfaction in enjoying your "stash" of PM......(unless you buy at a top).....[/QUOTE]</p><p><br /></p>
[QUOTE="WoodyWW, post: 3909612, member: 26001"]I remember SILVER hitting $25/oz. in late 1979--(but some say it hit $50). Gold was in the $600 range, but then spiked briefly to about $875 in early 1980. These were astonishing prices at the time--PM bugs thought there was going to be Hyper-Inflation in the US, etc. Silver is a lousy investment, unless it's at a really low price point, & then can unload some during a (rare) silver bull market/bubble. Gold can be better, over time I think, if you buy it when it's down. But I wouldn't sell silver at the current price--it "seems" cheap to me, inflation adjusted. I do love gold & silver coins tho--AGE's, ASE's, Morgans, rolls of Unc. Franklin halves, etc. There can be a lot of Psychic Satisfaction in enjoying your "stash" of PM......(unless you buy at a top).....[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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