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<p>[QUOTE="doug444, post: 1576482, member: 38849"]Just don't try to trade silver. If it goes up $4/oz by next spring, don't sell yours and hope to buy it back at a lower price; that just doesn't work.</p><p><br /></p><p>Regardless, I am following in your footsteps until I get to 70% of my assets, excluding car and household goods, i.e., depreciating assets. I am not buying gold or platinum. I believe silver will double long before gold does</p><p><br /></p><p>Then I'll stop, as I want to keep cash on hand to buy the distress-sale collections that occasionally turn up. If the U.S. stock market crashes after the Euro crashes, there will be plenty of good coins for sale, very very cheap.</p><p><br /></p><p>No doubt some of the previous posts would disagree with my 70% just like they disagree with your 100%. In my case, I have no family or other dependents -- if I am wrong, I am the only person who gets hurt. I have an enormous capital loss carryover from the Crash of '87, and it will cover all my coin sales (and more) until I die, so I don't worry about taxes. Good luck.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1576482, member: 38849"]Just don't try to trade silver. If it goes up $4/oz by next spring, don't sell yours and hope to buy it back at a lower price; that just doesn't work. Regardless, I am following in your footsteps until I get to 70% of my assets, excluding car and household goods, i.e., depreciating assets. I am not buying gold or platinum. I believe silver will double long before gold does Then I'll stop, as I want to keep cash on hand to buy the distress-sale collections that occasionally turn up. If the U.S. stock market crashes after the Euro crashes, there will be plenty of good coins for sale, very very cheap. No doubt some of the previous posts would disagree with my 70% just like they disagree with your 100%. In my case, I have no family or other dependents -- if I am wrong, I am the only person who gets hurt. I have an enormous capital loss carryover from the Crash of '87, and it will cover all my coin sales (and more) until I die, so I don't worry about taxes. Good luck.[/QUOTE]
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