" Thanks folks. Been doing other research too. Yeah, I'll keep stacking and worry about the outcome if/when I have to. Little by little. I'm up 30 oz's the last couple of months and I didn't expect to be. I'm also starting to divert more of my take home to PM's. With any luck I'll get my fir... "Reply To: Why keep small amounts of silver?
" Seems Mikey said it best.
If you absolutely need cash now, and PMs are your only savings, only sell a minimum.
It is going to break upwards soon, IMO (In My Opinion) and downward movements are not
as big as possible ups. We are already well below the average World cost of mining, so
t... "Reply To: Losing my faith. Please need advice
" "Why keep small amounts of silver?"
Because you have to start somewhere.
Most Americans don't even have $50,000 saved.
PMG, you save, right? Maybe you have a balance in your bank account, stocks or mutual fund, and perhaps in you... "Reply To: Why keep small amounts of silver?
" Your original question is why keep a small amount of Silver?
The answer is Because thats how you get started.
Metals will not stay low (by todays standard) forever.
Using an inflation calculator, the Silver I bought in 1981 @ $4.50 oz in 2013 it should cost $1... "Reply To: Why keep small amounts of silver?
" Yes MB, that is a lot in those circumstances but only if one has a 1000 oz's or silver goes through the roof.
Is there any kind of exit for the small time silver holder? I know I can't be alone in this thought. I don't expect to get rich (I play PowerBall so I'm covered there!!! :... "Reply To: Why keep small amounts of silver?
" My house was $500 via tax auction. Another $300 in back taxes. Little under an acre lot on the edge of a very small town with farm fields on 2 sides and a horse pasture across the street. So $50k can go a long ways if spent right. "Reply To: Why keep small amounts of silver?
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