Did you know there is literally 5 times more gold that has been mined on the planet than silver? Gold as an industrial metal is essentially useless. There's a tiny, tiny amount in most higher end, new electronics, but that's about it. Silver on the other hand, has over 30,000 industrial uses, second only to petroleum. So why is gold worth about 90 times more? To me it makes absolutely zero sense. At around $16 an ounce (not including spot, or the price paid to the sellers), I think it's absurd not to own physical silver right now. If anyone thinks I'm wrong, please explain why? To anyone who agrees with me in theory, buy-buy-buy!
Did you know you can literally hold your breath for 20 minutes if you drink a liter of soda beforehand? Russian Space studies have 100% confirmed this. Which is why you should buy.... .... .... .... CLICK HERE NOW BEFORE ITS TOO LATE!
I own physical silver that I bought back in, I think 08, at $12-13 an ounce. Sold a bit for over $30 when it spiked, the rest just sits in my closet. I will say this in regards to buying and holding onto it. It'll happen in the next few years where the price spikes again, $16 an ounce today is a solid buy price.
I buy lots of silver as part of my regular investment into physical commodities (10-20% of my investment capital). I generally buy 1 oz coins and 10 oz bars because they are the easiest to move. Monarch Precious Metals is a great dealer if you need one. Gold isn't a bad investment, it is just an investment that requires a larger bankroll. It's the same reason I stay away from high dollar stocks like Google (now over $800/share). I just prefer to invest in things that I can easily move if and when needed. Each investor will have their strategies, and one of mine is that when a stock gets over about $150 a share I stop investing in it. I also prefer to have 70 oz of silver than 1 oz of Gold. If I was a millionaire, obviously I'd scale up accordingly.
90% through the post I had to look at the username to see who started the thread. I assumed it was a spam account with 1 post to their name. Because it reads JUST like one of the MLM pitches selling silver coins.
Interesting article about how much gold there is in the world (above ground): http://www.bbc.com/news/magazine-21969100
That doesn't sound right. Silver may not exist in nuggets like gold does, but you still have to mine the ores (zinc, lead, copper, gold etc) that produce silver as a byproduct.
Isn't silver worth less than iron? Gold probably still enjoys precious/decorative status because it doesn't look like aluminum and titanium.
You can also kill werewolves and demons with silver, what can you really do with gold? facts matter, brehs.