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<p>[QUOTE="medoraman, post: 7402078, member: 26302"]I had seen spectacular, checked out silver joker. Hey, whatever makes them happy I am glad they are in the hobby. I just hope they have thought of security and continue buying when the market calms down. I also hope they do not have more than 10% of their net wealth in pm. With the prices of houses, land, and stocks going up so much recently my pm percentage is really low. However, I will not correct this until more favorable conditions prevail. My collectible coin holdings have went up, but I refuse to judge them as an investment, safer that way. Collectible coins are my "throwaway money" in my mind, that way I do not lie to myself to justify putting too much money into a hobby.</p><p><br /></p><p>Edit: watched some more YouTube videos. Wow, lots of distorted information IMHO. I guess none of these people were around 10 years ago, stating the high premiums "prove" their is a physical shortage, stating all mines shut down last year, yada yada. Please research here in CT the exact same comments 10 years ago were made as excuses for high premiums, and then read about the collapse. People are excited about pm, small player demand higher than normal but it will stabilize. Sure, if you expect $50 silver I guess pay these premiums, but just know this has happened over and over and high premiums only means dealers can get away with it now, its not "proving" their is a shortage and "prices have to increase".[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 7402078, member: 26302"]I had seen spectacular, checked out silver joker. Hey, whatever makes them happy I am glad they are in the hobby. I just hope they have thought of security and continue buying when the market calms down. I also hope they do not have more than 10% of their net wealth in pm. With the prices of houses, land, and stocks going up so much recently my pm percentage is really low. However, I will not correct this until more favorable conditions prevail. My collectible coin holdings have went up, but I refuse to judge them as an investment, safer that way. Collectible coins are my "throwaway money" in my mind, that way I do not lie to myself to justify putting too much money into a hobby. Edit: watched some more YouTube videos. Wow, lots of distorted information IMHO. I guess none of these people were around 10 years ago, stating the high premiums "prove" their is a physical shortage, stating all mines shut down last year, yada yada. Please research here in CT the exact same comments 10 years ago were made as excuses for high premiums, and then read about the collapse. People are excited about pm, small player demand higher than normal but it will stabilize. Sure, if you expect $50 silver I guess pay these premiums, but just know this has happened over and over and high premiums only means dealers can get away with it now, its not "proving" their is a shortage and "prices have to increase".[/QUOTE]
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