Why do you invest in PMs?

Discussion in 'General Precious Metals Discussion' started by Seven of nine, Jun 14, 2017.

  1. Seven of nine

    Seven of nine Active Member

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  2. alor

    alor Well-Known Member Silver Stacker

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  3. Greg Williams

    Greg Williams Well-Known Member Silver Stacker

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    For me it's a great way of saving. If I had the cash, ...I wouldn't have the cash lol.
    Having my savings in silver, I can't just spend it, it actually takes some effort & normally I can't be bothered. The next day I forget what I wanted to buy in the first place.
    So kind of puts a 'tollgate' in between me & cash hahaha, if that makes any sense.
    Also keeps it away from the thieving banksters. ;)
     
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  4. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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    Exact same reason as Greg, plus I enjoy it as a hobby and love owning beautiful coins and Bullion

    I personally don't see much money to be made at all. Well nothing significant. A few dollars either way does nothing for me but it's a fun way to save :)

    Good way to save and enjoyable hobby for me
     
  5. Seven of nine

    Seven of nine Active Member

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    Good comments, especially the one made and that is to keep the borg away.
     
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  6. rwmmint

    rwmmint New Member

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    The beauty of PM investing these days is that you have the mainstays of Gold and Silver which convert to cash any where, anytime, but you also have access to rare metals like Ruthenium with big upside and the ability to sell and convert to cash with today's internet technologies and web platforms like eBay and others. Buying options are much more plentiful with sites like Precious Metals Purchase, Liberty Gold, and Rare World Metals Mint - rwmmint.com.
     
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  7. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    I stack coz I think it is a wise thing to do in these troubling times with financial doom on horizon.
     
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  8. robertc400

    robertc400 Well-Known Member Silver Stacker

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    I like stacking for all the above reasons, but I really wish I had put my money into bitcoin. I would not be working right now and I still have 10 years to go. :(
     
  9. Seven of nine

    Seven of nine Active Member

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    There's always ethereum - some say it's going to outdo bitcoin. I just wish I understood it better
     
  10. JOHNLGALT

    JOHNLGALT Well-Known Member

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    I buy Silver because I don't want to end up in the SHEEPLE PENS with the Crypto crowd _JLG.

    CRYPTO_PENS._2.JPG
     
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  11. barneyrubble

    barneyrubble Well-Known Member Silver Stacker

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    ...'cause Jim Rickards told me that's what I should do.
     
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  12. silverbait

    silverbait Active Member Silver Stacker

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    I just want to fill up the vault box. I like the heavy feeling of that box :) you can hardly pull it out to get some silver out. Yeah sometimes I wish that was gold :)
    Bitcoin and others are imo worse than paper silver and gold
     
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  13. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    I like that same feeling as you! I got a couple of SDBs at Guardian Vaults and both are nearly full. Guardian Vaults has a weight limit on their SDBs and I'm certain both of mine are well overweight but they haven't said anything to me yet so I'll keep adding to them! :D
     
  14. silverbait

    silverbait Active Member Silver Stacker

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    Guardian is the best. Very happy with them. Mine isnt full as it was few months ago but im working on it... gotta love the actual metal.
     
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