Your view: Silver investment or Wealth Preservation?

Discussion in 'Silver' started by swifteagle, Jun 9, 2011.

  1. swifteagle

    swifteagle Member

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    last night I was watching a video where James Turk was speaking in Germany, I think (Good video)... He points out that Gold is not an investment rather a way to protect wealth which is exactly what gold does.... No issues with that :)

    Now when it comes to Silver, I have had a few people telling me it is not an investment as it does not produce cashflow, they do argue that rather it plays the same roll as Gold.

    In my view, Silver can be considered an investment due to its price relative to where it could get to, therefore leaving space for gains that are not just related to inflation. I guess having Silver as a an industrial metal it give it that edge of danger (risk) and also possible gains.

    What are your views on silver as an Investment or Protector of wealth over time?


    Video:

    http://forums.silverstackers.com/topic-10383-james-turk-speaks-in-munich.html
     
  2. radiobirdman

    radiobirdman Well-Known Member Silver Stacker

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    Tileing the dunny floor with mine
     
  3. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    Good choice - antibacterial properties FTW!
     
  4. hem9

    hem9 Active Member Silver Stacker

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    Protection against vampires or werewolves...... But seriously silver has always been more an investment and gold as a hedge for wealth
     
  5. swifteagle

    swifteagle Member

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    Is this a military encrypted reply? LOL
     
  6. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    As hem said mate I see silver as more speculative than investment and gold is a hedge/preservation fund for me.
     
  7. jnkmbx

    jnkmbx Well-Known Member

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    I'll have what hem9's having.
     
  8. silverfunk

    silverfunk Active Member

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    gold for saving money...silver to make you money.
     
  9. Ag

    Ag Well-Known Member Silver Stacker

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    Now that's a great saying!

    I could not think of any fewer words which explain Au to Ag

    IMHO = Yes Ag is 'the risker' but potentially more up swing...Au is a safer bet but potentially less up swing

    Your betting on a two horse race...the rest are not even on the same paddock :)
     
  10. adze67

    adze67 Well-Known Member Silver Stacker

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    I think that if you are in it for the long haul, as against looking for a quick buck, silver does both - but with a much better potential upside.
    I love seeing that our old coins eg shilling (pre - 10c) are now over $5 just from the silver content...over 60 years old!! Can't see silver becoming cheap(er), can see it returning to it's real purchasing power.
    But I must confess I have no idea...I'm buying regardless of what the 'monopoly money' price does ;)
     
  11. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    If you time it right silver is an investment. Getting in and out is important while it is this volatile. It does seem to be trending up in value, but so does inflation and the cost of living.

    I am in it for the hedge against inflation so I am buying predecimal coins, the cheapest silver fiat can buy.

    I have a side collection of numismatic items that I see as more of an investment.

    The government rounds which are an expensive way to buy silver and have little to no numismatic value don't have much space in my collection
     
  12. euphoria

    euphoria New Member

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    see signature below...
     

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