Any Thoughts or Opinions on SIlver?

[Yavin4]

Lots and lots of chatter out there that this is Silver's decade like Gold was last decade. Historically, Silver is priced 16 to 1 to Gold. Gold is at 1600, which means that Silver may go from $40/oz to $100/oz.

Good time to stack Silver?

[doc03]

1. It's kind pretty but it tarnishes. You can get the same results with

stainless steel it's cheaper and it keeps its luster.

[Warpy]

3. Right, and if it goes any higher in price, I'll think about

selling the sterling service for 8 that I inherited. I never use it even though I love the restrained pattern (Mom had great taste), but it reminds me of too many tense holiday dinners to be pleasant to use.

My stainless has Bakelite handles and rivets so it's easy to hold with arthritic hands and it never needs polishing.

[Mojorabbit]

2. Ihave some that I bought when it was 9$ an ounce

today it is down amidst all the mess. It seems the flight is into cash and on hold for silver though gold is doing ok. I am not any kind of expert and hope someone that is will weigh in.

[Yavin4]

4. I See Gold Getting Too Expensive for the Average Investor

which means that Silver will rise in price as people look for an investment that holds its value.

[roamer65]

14. I don't.

Most major mints make 1/10 oz coins which can still be bought for under $200. Peopel can still buy it, but it definitely will be in smaller amounts.

[Pyrzqxgl]

5. Why don't you buy old phonograph records, at least you can listen to them.

Some of them go for a good piece of change & they are increasing in value.

[benld74]

6. Took the Lone Ranger everywhere he went,,,

[dtexdem]

7. It makes good flatware.

But other metals, or plastic, are more affordable.

[roamer65]

8. More volatile than gold.

If you invest in silver, get used to a wider range of ups and downs.

[dixiegrrrrl]

9. good and affordable way to invest some money

AND a diminishing resource.

People have been knocking it as an investment for years now, and yet.....price keeps going up.

[Art_from_Ark]

10. The historical 16:1 silver-to-gold ratio ended in the 1800s

Essentially, the Comstock Lode and other Western silver discoveries sent a glut of silver onto the world market which resulted in the silver in a silver dollar being worth significantly less than a gold dollar by the 1870s. Since then, the market values of silver and gold have only approached the 16:1 ratio one time, in early 1980 when silver was briefly $50 and gold was briefly $850.

[pa28]

11. I really don't feel like buying any more despite the predictions for $80+ silver.

However, I have noticed there is big divergence in the miners relative to the price of metals lately.

Mining companies have taken a beating this year while bullion continues to rise, just me here, I've been looking at that angle lately as a possible opportunity.

[Eddie Haskell]

12. Buy under $34 / oz.

Sell at $39 / oz.

[AnneD]

13. On average....

I have done better in silver than gold. I don't like silver because it too heavy...silly I know but that is that.

We have many industrial uses for silver and have gotten the easy stuff so I think it will go up more, ESP with gold going out of reach of the average investor. My favorite use of silver is as a sleeping aid. I sleep better at night knowing that some of my wealth is in PM's instead of the market.

Would I invest in good lp albums...yes. Would I sell flatware that brings me no joy, yes. I sold a krugerand two weeks ago and gold has spike since. Do I regret it...no. I used the sale to pay for lasik eye surgery. Eventually, the surgery will pay for itself within a few years and I am happy to no longer be as near blind as I was. What is the point of any investment or purchase? If you don't use it or it does not bring you joy or give you comfort, the profit means nothing.

[Yavin4]

15. My Thoughts Exactly

PMs increase their value in times of economic turmoil, and we're living in economic turmoil because institutional leaders have no integrity. All other savings and investments will rip you off.

[AnneD]

17. I belong to TRS...

Teachers Retirement System of Texas. They shocked the investment community several months back by taking physical delivery of a large quantity of gold (cannot remember how much). They were derided but I was thrilled and felt better about the bonus the gave to the fund manager.

Who has thevlast laugh now. If gold goes down, it will still retain it's comprable value. Again, I feel better about my retirement now.

[BeHereNow]

16. I just posted a video on it- here you go Yavin! ~ENJOY~

http://www.youtube.com/watch?v=eJlzhnZMChY

BHN