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<p>[QUOTE="masterswimmer, post: 6350834, member: 102022"]This is absolutely correct, as a bona fide investment strategy. The problem with your analogy is that you're conflating collecting, hoarding and stacking with investing. </p><p><br /></p><p>Accumulating physical silver historically serves as nothing more than a hedge against economic failure and disaster. It hasn't proven successful in the long term as an investment. It throws off zero dividends, zero interest, and the stacker relies solely on growth to make any gains. </p><p><br /></p><p>Spot silver has reached a plateau of $50/oz only twice in history. And those two times were separated by 30 years. </p><p><br /></p><p>I do not tell people what to do with their investment dollars. When asked I provide pros and cons supported by facts and historical tends always followed by the disclaimer that past success doesn't guaranty future returns.</p><p><br /></p><p>Additional disclaimer, I do own my fair share of over 50 years of silver stacking. So I do have a stake in the game. None of the bullion purchased above $16/oz. Numismatic and mint issues are another story.[/QUOTE]</p><p><br /></p>
[QUOTE="masterswimmer, post: 6350834, member: 102022"]This is absolutely correct, as a bona fide investment strategy. The problem with your analogy is that you're conflating collecting, hoarding and stacking with investing. Accumulating physical silver historically serves as nothing more than a hedge against economic failure and disaster. It hasn't proven successful in the long term as an investment. It throws off zero dividends, zero interest, and the stacker relies solely on growth to make any gains. Spot silver has reached a plateau of $50/oz only twice in history. And those two times were separated by 30 years. I do not tell people what to do with their investment dollars. When asked I provide pros and cons supported by facts and historical tends always followed by the disclaimer that past success doesn't guaranty future returns. Additional disclaimer, I do own my fair share of over 50 years of silver stacking. So I do have a stake in the game. None of the bullion purchased above $16/oz. Numismatic and mint issues are another story.[/QUOTE]
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Why are the premiums on silver so high?
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