Silver Price

[ronaldrwl]

I've been watching the price of silver and purchasing some when possible, the last two years. The Last 2-3 months it hasn't gone down. Usually a good economic report or some other good news it floats downward. But the last few months have been different. At least it feels that way to me. Silver is holding strong on good news and going up on bad. I don't know where I'm going with this but it feels like the puppet master is controlling the price. I know China and India have been telling their citizen to purchase precious metals. I purchased some while it was in the 9's only 14 months ago. Now it's double. But I would like to buy much more when/if the price comes back down.

[rondog]

I've been following silver since around 2000 or so. I bought my first bullion when it was around $2.50 an ounce. Wish I still had all of it, but had to pay some bills. Anyway, there's a HUGE amount of info out there about silver if you care to dig for it. Bottom line is, if you can afford to do so, it might be the best investment you'll ever make.

But the only sure way to invest in silver is to buy actual physical silver bullion. Not mining shares, not ETF's, not "investment silver" that's "held for you" by someone else, somewhere else. Not numismatic "collectors coins" either. Just .999 fine silver bullion, either in bars or coins called "rounds". Buy it and sit on it.

Here's a chart of the silver price for the last several years.....

[Hoosier]

I've dealt with http://nwtmint.com

Decent prices compared to spot

[ronaldrwl]

Yes, if you can wait 3 months to get your silver, like I've had to at times.

[SNAFU]

History repeats
Sold a lot of silver for $25once back then.
The dollar was worth more too.

http://www.silverinstitute.org/19791980.php