IMO, buying Silver is placing a bet that the markets and economics of the Western world are plagued with fraud and destructive short-sightedness. If you examine the last decade or so it seems like a pretty great bet to me.
This and buying silver is a nice way to surround myself with a big stack rather than one puny 1oz gold coin.
I was originally in it for my daughter's future but now I am actually finding myself addicted in collecting them as well. The more I have, the better My family future will be I guess! Taz03
Why do I buy silver? Because if history has taught us anything, it's that you don't want to be in fiat when governments are printing money and going broke. Simple as that!
Because I'm self employed and chose not to enter into superannuation. It's a con!!! The stock market can only be propped up for so long by fake fiat dollars. By the time I retire there won't be any super left if this economy doesn't fully recover (seriously, how is it going to get better?). My silver on the other hand, will still be there and whether or not the economy recovers, my silver will have value. Perhaps multiples more in purchasing power compared to now. My uncle lost over $250k from his super and my father lost over $60k from his in 2008. If they had that money in silver in 2008 they'd be well and truly in the black now.