Thinking about buying Silver

[UnknownXV]

Had I bought $10,000 of Apple in 2005, I'd have $215,877 today.

Had I bought $10,000 of Priceline in 2005, I'd have $268,078 today.

Had I bought $10,000 of Amazon in 2005, I'd have $57,215 today.

Had I bought $10,000 of Buffalo Wild Wings in 2005, I'd have $48,243 today.

All pretty massive gains also

Fair enough, there are better investments looking back, but gold is far less risky. As long as gold is rare and arduous to mine and refine, it will retain its value. Humans will always love what is rare.

More to the point, it's much harder to pick a company that will shoot for the stars like Apple and Amazon did now. Gold is virtually guaranteed to go up. And if it doesn't, that means government is getting its act together. Gold, in the long run, will fluctuate near the nominal value of the currency. The more Qe, the more gold will be worth.

Take your chances in the stock market if you want to, but I don't trust US dollars much at all.

[greenskeeper]

there is more gold bullion than silver bullion in the world (roughly 7to1)....silver supply is declining...think about that for a second.

[amarowsky]

Following with what greenskeeper said, doesn't silver sound like a decent option for a supplementary investment. Silver just seems the most practical to buy in smaller increments. Also considering that the historical gold to silver ratio is far of f from how it has traditionally averaged
It seems that silver is undervalued right now.becausgold is so expensive right now I can't practically buy it on a regular frequency to benefit from dollarcost averaging.

[DiscounThem]

Silver might experiencing short term correction now. You can invest more later.

[Abiezer]

The actual is discovering somewhere to get rid of your gold when the cost launches up. Nobody wants to buy it at that cost.
I perform in the jewellery market, and when gold went to $45 an ounces, we had to stop purchasing it, because our clients wouldn't pay that cost for gold jewellery. Many of our producers stop creating inventory during that period, and would only create factors to purchase, because they didn't want costly gold seated in their inventory.

[joshuaking]

As others have posted here, with the amount of money being "printed" here in the US, I think having a portion of your investment dollars in physical gold or silver would not be a bad idea. Personally I'd probably keep it at around 5%.

Wish I'd bought gold 5 years ago. And I wish I'd bought Apple stock in 2000, when some friends were telling me what a good investment it would be.

[prof.susan]

yes

Good time to buy. Coeur d'Alene Mines Corporation (CDE) is expected to expand its operations in silver mining and is currently undervalued. Highly recommend.

[amarowsky]

Yea started rolling the dice on silver. Planning on using one of my room mates weekly rent to buy twoo ounces twice a month. I figure this is a safe and possibly helpful amount to save/invest, (call it either depending on your future economic outlook)

[ecoadapt]

JenniferG

Silver or gold the physical metal (not paper holdings) are what you want.

Silver is actually well undervalued if you go by the traditional ratio between it and gold.

I agree with this. No matter how you look at it,Silver is still undervalued compared to gold.

[greenskeeper]

Yea started rolling the dice on silver. Planning on using one of my room mates weekly rent to buy twoo ounces twice a month. I figure this is a safe and possibly helpful amount to save/invest, (call it either depending on your future economic outlook)

No matter what the economy does, you are making a wise decision with silver. Between the endless money printing and consumption of silver by industry it's a win-win.

[Bryan Cranston]

You should kinda mix it up and not just go into stocks, which is totally different from holding the actual medium of exchange in your hands.

Those who belittle gold's and silver's importance need to read more economics, simple as that. It's reasonable to expect a correction but to dismiss the metals altogether is somewhat careless.

[Jimhassel]

JenniferG

Silver or gold the physical metal (not paper holdings) are what you want.

Silver is actually well undervalued if you go by the traditional ratio between it and gold.

Yes I agree. You can go for it and it will fetch you good profits in the long run. Gold would be a better choice though because the costs are increasing each and everyday.

[97guns]

[tasha123]

I think investing in physical gold has always been a permanent, secure store of value, a safe-haven for wealth whenever man-made political or monetary systems fail, ensuring that whatever else happens, your wealth makes it through.