Duuude -- you picked a bad day to post this article. Silver is up about 3.5% today, briefly passing $19.20. That said -- thanks for the warning! I'll be careful.
Silver 'Misbehaves' in Recent Rally: Time to Buy [View article]
Jeff,
Thanks for the article. We share the same strategy: "My own approach is to acquire bullion for security, and to trade the miners for the bulk of my "paper profits". " A previous article that you wrote gave me sufficient reason to sell off all my SLV shares at a peak and pick up many more shares of SLW on the silver pullback last week. This has given OUTSTANDING results. Thanks! What is your answer to the secure storage of physical assets?
Every Economic Cloud Has a Silver Lining [View article]
Although I am a silver investor, this was a fairly useless article. If, as you state, your primary reason for buying silver is "for the simple reason that it’s much cheaper than gold", may I suggest copper which is SERIOUSLY cheaper than gold. Or perhaps aluminum? I think I may reasonably summarize this article as "Hey gang, buy silver 'cuz I am!!"
India Has a Voracious Silver Appetite [View article]
If I hold my assets in inflating currencies, the money I have already earned is constantly shrinking. This is like standing still on the down escalator. If I place my assets in a hard currency like silver or gold that increases in value as other currencies inflate I am, at the very least, walking up the down escalator; i.e. I halt the inflation tax.
High Premiums on Silver? Better to Buy Gold [View article]
Roland ... you're missing it. I am one of those oddballs buying large lots of Ag coins on EBay. I also own a significant amount of SLV. My acquisition of Ag coins is for disaster abatement purposes; specifically US currency devaluation. The govt continues to debase our currency such that your dollars are shrinking in your wallet while you read this. If an absolute disaster happens to _our_ Zimbabwean dollars, I have a backup plan. How 'bout you? If I'm wrong, that would be a good thing and I simply sell off my coins (OK, some coins ... they _are_ pretty). Probably at a decent profit. Lastly, with regard to your comment about 1930s silver crashing to 25 cents, I don't doubt this. But you have forgotten just how much breakfast that 25 cents would buy the next morning.
Silver Topping Out? [View article]
Silver 'Misbehaves' in Recent Rally: Time to Buy [View article]
Thanks for the article. We share the same strategy: "My own approach is to acquire bullion for security, and to trade the miners for the bulk of my "paper profits". " A previous article that you wrote gave me sufficient reason to sell off all my SLV shares at a peak and pick up many more shares of SLW on the silver pullback last week. This has given OUTSTANDING results. Thanks! What is your answer to the secure storage of physical assets?
Every Economic Cloud Has a Silver Lining [View article]
India Has a Voracious Silver Appetite [View article]
I say Yippee for the (gold-backed) Rupee !
High Premiums on Silver? Better to Buy Gold [View article]
I am one of those oddballs buying large lots of Ag coins on EBay. I also own a significant amount of SLV. My acquisition of Ag coins is for disaster abatement purposes; specifically US currency devaluation. The govt continues to debase our currency such that your dollars are shrinking in your wallet while you read this. If an absolute disaster happens to _our_ Zimbabwean dollars, I have a backup plan. How 'bout you? If I'm wrong, that would be a good thing and I simply sell off my coins (OK, some coins ... they _are_ pretty). Probably at a decent profit. Lastly, with regard to your comment about 1930s silver crashing to 25 cents, I don't doubt this. But you have forgotten just how much breakfast that 25 cents would buy the next morning.