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Who here thinks the price of silver will go back down?
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<p>[QUOTE="Modern Commens, post: 1253721, member: 20737"]Congratulations! You did your homework. I see so many these days talking about the silver that they have bought a long time ago (20 to 30 years) and they think that they have made this huge profit with the recent run up. They have paid very little attention to the price of inflation and the yield. Let alone the other investment opportunities they missed while holding the silver. Historically it has never really kept up with inflation. It has never really outperformed the stock market except the last 10, 11 years. Don't get me wrong in these times it is probably a 'safe haven'. Great to have some in your portfolio. It has always been that way for the wealthy. Ted Kennedy sold the $500,000.00 worth of silver that his grandfather purchased in the 20's for $5,000.000.00 in the 80's. If his grandfather had spent that same $500,000.00 on blue chips back then, he would have had $400,000,000.00. Now that's huge![/QUOTE]</p><p><br /></p>
[QUOTE="Modern Commens, post: 1253721, member: 20737"]Congratulations! You did your homework. I see so many these days talking about the silver that they have bought a long time ago (20 to 30 years) and they think that they have made this huge profit with the recent run up. They have paid very little attention to the price of inflation and the yield. Let alone the other investment opportunities they missed while holding the silver. Historically it has never really kept up with inflation. It has never really outperformed the stock market except the last 10, 11 years. Don't get me wrong in these times it is probably a 'safe haven'. Great to have some in your portfolio. It has always been that way for the wealthy. Ted Kennedy sold the $500,000.00 worth of silver that his grandfather purchased in the 20's for $5,000.000.00 in the 80's. If his grandfather had spent that same $500,000.00 on blue chips back then, he would have had $400,000,000.00. Now that's huge![/QUOTE]
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