i invested in silver because....

Discussion in 'Silver' started by smokey, Dec 8, 2011.

  1. Rothbard

    Rothbard New Member

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    Started buying in 2005 when not a shred of info could be found on the net. Could only buy in person or over the phone.
    Didn't really know WHY I was doing it but knew it was the right thing to do.
    Started my collection with 4 x 1oz gold pm lunar coins and a 1oz solve dog and snake.
    Started buying again when it dipped in 2008 and traded 20oz bars on eBay making 30% profit per sale. I took out a $15,000 loan and bought 920oz and a safe. Then online dealers popped up and the margins dried up.

    I remember selling 1kg bars for $700 each and thinking what a massive price!

    Now I just stack like mad and enjoy filling each safe.
     
  2. LTEK4NZ

    LTEK4NZ Member Silver Stacker

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    it was shiny and i wanted.
     
  3. iceblue

    iceblue Well-Known Member

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    I bought some years ago then forgot about it, being a very small purchase.

    Then all of a sudden one night i had a very lucid dream, Silver was $560.00 per oz.
    I lucid dream a lot.
    The next day i started buying silver again, cashed in paper, spent the tax return,and liquidated assets.
    I also stack,flour, sugar,cans etc cos if silver does hit that price it will be because of financial global doom.
     
  4. Franko

    Franko Member Silver Stacker

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    Because I needed a large weight to place on top of my paper assets.

    Plus it's tangible.

    The ultimate insurance policy really.
     
  5. undftd

    undftd Member Silver Stacker

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    Because I can.
     
  6. Silverfreak

    Silverfreak New Member

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    I invested in silver because I wanted to become a member of the SS.

    Oh yeah, Post #10, I think I just became a member, alright! :cool:
     

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