How much silver do you buy?

if 1 month ago you could buy a good suit with a 1 oz gold coin and you can still today its value of the 1oz has been preserved if you can buy more or less with it it can be considered a poor/good investement for that timeframe. Its all about value pretty simple. Anything you buy can be an investment even toilet paper uhh i meant fiat

 

I buy enough to reach the moon and back

 

Well try to haha

 

You can "hope" for an ounce pure silver as much as you want, it still requires mining|recycling>purifying>processing>distribution in order to make it available.
You ignore this entire chain.

You name it 'child-like'.
I name it a clear argument.
That you ignored nevertheless.
Meaning you hadn't interest in the first place.
Doesn't that says something by itself?

See?
No arguments.
Just a discussion restart.

Hey, I don't care whether you laugh a bit, or your ass off.
What I care is, making clear posts that anyone that is willing, can understand.
Some do understand, but don't want to read it.
But hey, this is a forum.
Made available, by people that pay for it, even if that is indirectly by me, I'm willing to pay a buck more for some shiny, in order to make it possible.
The question then is, do you appreciate it?

 

A financial investment is a derivative of an economical investment.
A financial investment is a shift of existing.
An economical investment is what is shifted.
Without economical investment, there is nothing to shift and thus no financial investment.
In the end, your 1 oz gold coin wasn't the goal. The good suit was the goal. You only bought the 1 oz gold coin as an inbetween step to the good suit.
Preserving wealth is preserving the availability of the good suit. That is economical investing. Financial investing is just a shift. A gain implies a loss elsewhere.
Even the toilet paper uhh fiat that is earnt after producing, is a financial investment.
Because its not used to buy products/services now, meaning that what you produced, is extra supply without extra demand, meaning that there is more to buy for the rest of the toilet paper uhh fiat.
And that's a clear illustration of why economical investment matters, with financial 'investment' being just a derivative that matters only for govt and all its direct/indirect sponsored gangs.

 

You name it 'child-like'. (Yes. It is.)
I name it a clear argument. (Wasn't needed, This is all you and some self-fulfilling need to be "right.")
That you ignored nevertheless. (Didn't ignore, and didn't need a lesson. I yawned.)
Meaning you hadn't interest in the first place. (You are correct. I had NO interest in an elementary explanation of what inflation means)
Doesn't that says something by itself? (Yes. It does...but not for the reasons you believe)

 

wow. I was hoping for more clear answers from people about how much of your money you guys decided to put towards silver. But this thread seems to have turned into a discussion about whether or not silver is an investment. I say let that be decided by the person who buys their silver, if they want to call it an investment, let them. If they wish to say that it isn't an investment, let me.

Personally, my purpose of purchasing silver was so that I can sell in the future to make a financial gain. Therefore, for me, it's an investment.

 

Well, at least you're honest.

 

I've basically been saying the same thing to other stackers on different forums and some just are unable to get it or they somehow have a different definition of "investment". Puzzling to me actually..

Additionally, increased demand drives value up. Value is molded in large part (not solely) by demand....we see this all the time with our coins and blobs. If there's decreased demand value is often driven down.

Well said Stark....I've believed this since starting to stack less than a year ago and believe it it no less today.

 

Wait and see, when price starts increasing, they'll call it an investment again.

 

100% Silver

























Lining. every cloud has one

 

I like your new avatar pdkbffwleo. It's very neat and clean and... Sparta!

 

Yeah, another thread turned into who has larger penis.

 

A financial gain is a gain expressed in dollars.
If everything doubles in price, even a 100% such gain, is still a break even.
My purpose of purchasing silver was/is to sell in the future to buy the same as now. It can mean a financial gain, but it doesn't have to, if all prices just stay, then its also goal achieved.

 

Again:
I name my example clear.
You name it child-like.
That's your choice, not mine.
What do you want, an 'adult' example or so?
The example (whatever you name it, child mom dad grandaddy) made clear the difference between an economical investment (economical/purchasing power) and a financial investment (dollar expressed). The former being a gain in terms of production/purchasing power, the latter a gain in terms of mathematics/numbers.
If the silver price would drop 10% till next year, and the prices of the stuff I bought silver as inbetween step to, drop 20%, then my financial gain is a negative (-10%) while my economical gain is a positive (+10%). In financial terms, I made a loss. In economical terms, I made a gain.
Ohno, another 'child-like' example!

 

Can we return to original thread since this leads to nowhere?

 

20 % is not too much to hold in PM's. Depending on how much that means in terms of USD/GBP/AUD/other currency...

Going above 25 % is quite risky, naive, even - in my opinion.

Peter Schiff recommends "at least 5-10 %" investments in precious metals.

I guess it all depends on how much wealth you have and how much you're personally willing to invest/risk. Every investment implicates risks.

As for current silver price. I just read in an article that overall global silver production cost is around 17 $ per ounce. Various source may state various figures. But silver too has gotten quite close to production cost levels.

Silver is almost at a 3 year low. Considering the support and resistance levels - after examining them, I concluded - it's a good buy right now. If it goes lower, then I doubt it could go very low. It probably wouldn't go below 15 $, but the way up seems more promising.

Of course - if something big happens or, if investor sentiment doesn't recover - then it will dip lower, much lower...

 

Some people recommend and I think that's it's good strategy to have enough cash to survive without any income for about 2 years - 24 average salaries. I'm far far away from that.

 

I agree with you...silver dropping below production costs is a real possibility, but isn't sustainable.

I'm around 25% investments, currently, in silver. I think that's a bit high, but I have other liquid assets that I can sell before needing to sell at a loss.

Silver = good investment, IMO, <$20

 

Yes, it's a very good investment. And right now is an excellent point to enter.
I am still hoping for cheaper prices.