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<p>[QUOTE="SilverSurfer101, post: 1908896, member: 70411"]to be honest, I didnt really come out of any woodwork. I didn't even know there was a hype until you said something. I still dont think there is any hype on either. It may seem like hype to you because you are into the whole coin, silver, gold talk thing, but most people arent even thinking about silver/gold at all. My dad collects coins and I started collecting all types of coins (not just silver). I only joined coin talk to discuss silver so hence the name. Yes, I agree with you-If a person bought silver at $48/oz they would be losing money right now. When i left my comment I was thinking of buying it when it hits $10-$15/oz so I guess I was thinking too far ahead. </p><p>The US dollar is destined for weakness. My proof-look at the rate it is being printed and do the math. Keeping money in the bank may be safe for now, but in a few years to come your money will buy a lot less. If you were a newbie who bought 1000 ounces at ($10-15/oz.) and decided to sit on your "wealth", you may be able to make a small profit if you sold it at its peak. My point?- anything you buy silver, gold, coins, stock market, land, teddy bears, or army tanks all fluctuate in value and none are 100% predictable. Common since always says buy low sell high.</p><p>1 last thing. If you had $50K in the bank 10 years ago, yes it would still be $50K, but it would have a lot less buying power (value) than it did 10 years ago due to high inflation. </p><p>Buy what you enjoy. no one is promised a tomorrow and you cant take any of your money to the grave even if your investment was a $million profit.</p><p>Thanks for the input.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer101, post: 1908896, member: 70411"]to be honest, I didnt really come out of any woodwork. I didn't even know there was a hype until you said something. I still dont think there is any hype on either. It may seem like hype to you because you are into the whole coin, silver, gold talk thing, but most people arent even thinking about silver/gold at all. My dad collects coins and I started collecting all types of coins (not just silver). I only joined coin talk to discuss silver so hence the name. Yes, I agree with you-If a person bought silver at $48/oz they would be losing money right now. When i left my comment I was thinking of buying it when it hits $10-$15/oz so I guess I was thinking too far ahead. The US dollar is destined for weakness. My proof-look at the rate it is being printed and do the math. Keeping money in the bank may be safe for now, but in a few years to come your money will buy a lot less. If you were a newbie who bought 1000 ounces at ($10-15/oz.) and decided to sit on your "wealth", you may be able to make a small profit if you sold it at its peak. My point?- anything you buy silver, gold, coins, stock market, land, teddy bears, or army tanks all fluctuate in value and none are 100% predictable. Common since always says buy low sell high. 1 last thing. If you had $50K in the bank 10 years ago, yes it would still be $50K, but it would have a lot less buying power (value) than it did 10 years ago due to high inflation. Buy what you enjoy. no one is promised a tomorrow and you cant take any of your money to the grave even if your investment was a $million profit. Thanks for the input.[/QUOTE]
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