Long Position on Silver and Gold?

[ChunkyMonkey]

Without writing up 10 paragraph worth of explanation why I am buying silver...

Treat silver as kryptonite against inflation/recession/market crash. It is your life line, a security, an insurance per se.

When market crashes, your silver's value increases upto 500% (based on factual history). Since so far we are averaging one market crash/recession every decade or so, I would take that insurance very seriously. Considering the US fed govt has no way to pay down its 16 trillion dollar debt other than devaluing the USD.

When you buy your health insurance, you lose money every single month. It's only worth its value and beyond when you needed it! Yet, we all (I hope) have health insurance. Well Silver is like your financial insurance, only better... you can still sell the silver at any given time at market price, even if you lose some value at given time; whereas any other insurance, you simply cannot get your money back.

The End.

EDIT: I lost my life saving, some inheritance in 1997 (3 market crashes ago). I haven't lost a penny since then thanks to Silver