Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 59513, member: 3011&quot;]I believe silver is undervalued.&nbsp; Most silver mining companies can&#039;t make a profit on $7 silver.&nbsp; When a commodity sells below the cost of production, it either has to rise in price or the world has to decide they don&#039;t want it anymore.&nbsp; Throw in inflation as a bonus.&nbsp; So in my opinion, silver will go up in price, perhaps a lot.&nbsp; But it&#039;s easier to know what will happen than when.</p><p><br /></p><p>I don&#039;t worry about gold confiscation.&nbsp; When Roosevelt confiscated gold it was being used as money and there was a lot more of it in circulation than today.&nbsp; And even he exempted numismatic coins.&nbsp; There wouldn&#039;t be much of a point to it now.</p><p><br /></p><p>So gold and silver coins are a very enjoyable way to participate in the potential price rise [with no guarantees of course].&nbsp; I mean, you could just stack up a lot of those 40 pound gold bars in your basement, but they get dusty and tend to be in the way all the time. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in