re: Physical silver

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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.

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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.

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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?

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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.

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You do realize a few shoeboxes would hold that amount of silver right? I mean it's not like it takes up much room.

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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?