Why do you buy silver?

longtime silver believer said:
Silver is like a drug for me.I'm all nervous before I buy it,I really need to buy some.After the purchase I feel really good. But then I want some more.I'm really hooked.
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+1 :)
 
Golden ChipMunk said:
longtime silver believer said:
Silver is like a drug for me.I'm all nervous before I buy it,I really need to buy some.After the purchase I feel really good. But then I want some more.I'm really hooked.
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:lol:
Then you need help.
Therapy will help just a suggestion. Try sleep with the bars. Then let us know if it help.
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I think the wife would crack up.There would be a new meaning to the term"bar up"!
 
IMO, buying Silver is placing a bet that the markets and economics of the Western world are plagued with fraud and destructive short-sightedness. If you examine the last decade or so it seems like a pretty great bet to me.
 
Zero said:
I am Buying for both reasons!

I have a few different motivations for buying silver, so instead of commenting on deflation or investing I will state my reasons on a personal level.

MY whole life I have spent my money on electronics, eating out and other bullshit. I was young. I have little to show for my past spending, beside great memories. Now that im going back and finishing my last could years of school while living at home, I don't need to spend my money on bullshit, because finishing school is my focus now. So any money that comes into possession will be saved. Why not save that money is something that isn't losing value every day? I would rather have chunks of metal in my drawer.
They can go up or down but that's a risk im willing to take.

Money burns a hole in my pocket. Always has, always will. When I have cash, I have this burning need to acquire goods. Stacking lets me fulfill this need while protecting what little wealth I have.

I sold like 10-40% silver halves and a hand full old old gold chains my mother gave me that she got for $80 about 20 years ago.(they were super grimey and dirty) last month and the buyer was more than happy to pay spot. so enough metal to fit in my hand brought me about $600. Had a great time in San Francisco with the money, but when I got back I started thinking about the metals I sold and what the money I received for it meant.

This made everything click and I will never look at money and currency the same again!

-Zero
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Make sure not to underestimate the value of great memories and experiences :)
 
I was originally in it for my daughter's future but now I am actually finding myself addicted in collecting them as well. The more I have, the better My family future will be I guess!

Taz03
 
Why do I buy silver? Because if history has taught us anything, it's that you don't want to be in fiat when governments are printing money and going broke. Simple as that!
 
Because I'm self employed and chose not to enter into superannuation. It's a con!!! The stock market can only be propped up for so long by fake fiat dollars. By the time I retire there won't be any super left if this economy doesn't fully recover (seriously, how is it going to get better?). My silver on the other hand, will still be there and whether or not the economy recovers, my silver will have value. Perhaps multiples more in purchasing power compared to now.

My uncle lost over $250k from his super and my father lost over $60k from his in 2008. If they had that money in silver in 2008 they'd be well and truly in the black now.
 
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