- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Physical silver
Posted on 2/5/15 at 11:37 pm to I B Freeman
Posted on 2/5/15 at 11:37 pm to I B Freeman
quote:
Uhh how did that hedge work out for gold bugs through the eighties and nineties when the dollar was strong?
Why in the name of Christ would anyone want to sell on a strong dollar or late 80's or 90's type economy? Just like stocks a profit or loss is not realized until a sell is made.
quote:
I remember $3 silver not too long ago.
horseshite, but even if true would you not have liked to buy some then.
quote:
Look gold and silver are commodities. They are gambles. Physical gold and silver is really a big gamble
So is a share of Microsoft WTF?
quote:
It cost to store it--do you hide it in your underwear draw?? Who wants $100k in silver in their house?
You do realize a few shoeboxes would hold that amount of silver right? I mean it's not like it takes up much room.
quote:
Most people do not have it insured against lost.
Again WTF
I would not recommend silver for a person who would have be liquidating his position do to need. For a buy and hold position to be sold at the right time metals excel. For the same reason I typed above silver can be an important part of a portfolio and is the reason almost every sovereign wealth fund and central bank on the planet holds some. Most reputable advisers will advise a small percentage for the same reason.
Posted on 2/6/15 at 8:05 am to cave canem
quote:
Why in the name of Christ would anyone want to sell on a strong dollar or late 80's or 90's type economy? Just like stocks a profit or loss is not realized until a sell is made.
Why would they hold?
You could buy silver for $3.78 in 1993 and it is worth $17.08 today spot. That is a whopping 7.10% return.
quote:
Look gold and silver are commodities. They are gambles. Physical gold and silver is really a big gamble
So is a share of Microsoft WTF?
Wrong. MSFT is a company that creates assets---creates wealth--creates streams of income. Own it and you own a piece of a wealth creating enterprise. Silver sits in your sock draw and does nothing for you.
quote:
You do realize a few shoeboxes would hold that amount of silver right? I mean it's not like it takes up much room.
Who wants to have to guard a house with something as valuable and as easy to transport and liquidate as silver bullion or coinage in it?
This post was edited on 2/6/15 at 8:44 am
Posted on 2/6/15 at 8:06 am to cave canem
As a percentage my silver cost basis and time in has performed very, very, well.
Anyway, if you don't think it is a good investment, don't buy it.
Anyway, if you don't think it is a good investment, don't buy it.
This post was edited on 2/6/15 at 8:07 am
Popular
Back to top
Follow TigerDroppings for LSU Football News