thats similar to my plan C if it owes you nothing you cant lose .on another thread people were saying when it gets to X amount it was ridiculous to sell just because its $X but in my mind if it hits X amount & i can recoup my initial outlay then i can let it rise & fall without blinking an eye at the whole scenario . Im not greedy .Greed will be the downfall of some im sure
I'm just about to start a beekeeping venture so I'm all ears when it comes to the subject of honey. What is it with you guys and honey? I know very little about beekeeping at this stage but I'm getting some gear together to start the learning process. The potential is enormous I reckon and the outlay to get started is minimal compared to my other agricultural pursuits. Can't wait to get started. C
There is no 'right' price of silver as it will depend on the circumstances at the time. people looking for 'the right price' are approaching it wrong. The money management approach is a good one though and is focused on risk/reward than an absolute price and dreams of how high it will go.
Actually inflation in Australia is directly linked to US. The only way of uncoupling it is should the day arise that the RBA no longer accepts US dollars as payment for goods and services in Australia... do you see that happening any time soon?
Some more food for thought on silver: http://www.ainsliebullion.com.au/Re.../68/language/en-AU/Default.aspx?articleid=217
Good history reading on the market. THANKS On my last two appearances here, the gold/silver ratio was around 70 to 1. Today, that ratio has tightened in to 45 to 1. The ratio movement can be misleading, as I try to regularly remind subscribers. The best way of fully comprehending the changes in the gold/silver ratio is by looking at it in ways that measure how well an investment in each would have turned out. If one would have put $10,000 into gold two years ago, at $985/oz, it would be worth $14,000 up almost 40%. But had someone invested in silver instead, at $14.40, the $10,000 would be worth over $21,000, up 112%. You would have made almost three times more by investing in silver than in gold. I believe that will continue to be the case.