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re: Anyone buying SLV?

Posted on 5/16/14 at 10:33 am to
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 5/16/14 at 10:33 am to
I wish you the best and hope you make a pile on your silver as I should do ok myself I'm just not buying as much a month right now. I have no doubt you will make money on your silver. If you wanted to spend the money on silver why buy eagles though? You could have gotten 200 free ounces by buying 100 oz. bars with the price difference. I'm sure you have a good reason but unless you plan on selling individually on e-bay or hoping they become collectable the commission is going to kill your bottom line.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10233 posts
Posted on 5/16/14 at 10:44 am to
I buy some eagles, but mostly generic bullion.

My average cost in silver that I hold is probably between $8-$10 per oz. I think I've done ok.

One time on here someone asked, a banker I think, making fun of me about how my returns were compared to the stock market.

All sorts of bar charts on the web where you can compare the S&P to silver. For purposes of reality, why don't they start at when silver was $6 per oz, which is when I started buying it.

Then use their banker logic and explain to me about the Fed, and everything little pig farmers in Iowa don't understand.

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