Buy Silver - Why Silver? Why Now?
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All Comments (108)
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I keep wishing I could go back in time and buy Silver when it was $4.00 an ounce can you imagine. I would have also bought Gold and Apple shares. But what can you do now-BUY GOLD, SILVER and AAPL!
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@jowen034 you just keep on wishing
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Do you sell silver?
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The case for Precious metals is this.
1. Gold and Silver are a de facto money that can be exchanged for any fiat currency.
2. As more currency is printed, the prices of gold and silver must rise. (otherwise banks could print enough paper to buy all the gold and silver, and leave everyone else with none)
3. The price of silver has not risen this year, but enormous amounts of currency have been printed, and this will continue.
Community is the most important thing
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@anthonymellado Wonder if it will be in your life time.
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man richard docaughty got it spot on....ive been slowly investing in silver for a while now....currently i have just over 12 kilos now and only now am i slowly feelin comfortable that i have enough to protect myself and my family. but i did the whole buy a bit and then i didnt feel it was sufficient and have continued. i will do using all fiat currency, its worthless now and will devastate counries sadly!
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Still worth buying as it hasn't it triple digits yet.
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Now?
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I buy silver, because it weights more than gold. Its practical.
I wish I had watched this in August of 09, I would be a rich man
jowen034 10 months ago 6
@itsonelouder1 but if paper money becomes worthless, you still have something tangible with which to barter or buy, its still money, whereas money is really just numbers on a computer screen, it doesnt really exist unless you have it in your hands. the only potential threat against metals is the onset of nanotech, when they can manufacture them artificially, but even then it still doesnt tend to affect the price of the genuine article that much.
SovereignBeing 6 months ago