Good time to pick up some silver...

[DeesKo]

http://www.apmex.com/Product/27024/1...999_Fine_.aspx

Its down between $26-$27 and ounce right now and APMEX is doing $1.69 over spot which saves 30 cents per coin.

It's not a short term investment, and it's not gold but I happen to like silver. It's got a lot of industrial uses, it's a lower buy in price than gold and I personally think it's got more long term potential than gold. I think gold is going to hit a plateau before silver does. Metals like gold & silver typically go the opposite of currency so it can also be a good way to diversify a bit.

Most importantly, it can be hidden away in a shoebox (or safe) and passed on to the kids on the hush hush.

The shipping charges are kinda steep, so I don't suggest buying one coin at a time from online, but you can still pick up 12 ounces for less than $400 and spread the per coin shipping down to a reasonable amount.

*I am not a professsional, my comments don't mean shit. Don't blame me if you buy up $12k in silver and it stays below $30 for the rest of your life. It's just a suggestion because the prices a so low right now.

Peace & Happy New Years!

[House]

I always think of the Hunt Brothers (probably the inspiration for Randolph and Mortaaay!) If things get that hard in America, copper jacketed will be better than either silver or gold. jmo

[DeesKo]

Hahaha

Nah man, unlike the tin foils, I'm not buying on the idea of things getting that bad. I'm buying on the idea that things are going to continue getting better and as a result, prices will continue to go up as we slowly build up a collection.

Just like your graph shows, it used to hover in the teens as it's baseline, now it's hovering in the 30's. Hopefully in 2050, when it's in my kids hands, it will be hovering at $70 or more, and when they hand it to their kids it'll be hovering at $120 and we will have 2 generations worth of tax free wealth passing on to the next.

Yea, it's wishful thinking, but so is everything else when trying to plan 60 years from now.

Nahmean?