Silver has many industrial uses plus jewelry and coins.
So as the depression hits Silver will drop in price due to lowered need from an industrial use. But it will rise due to inflation. What will really happen? Nobody knows.
Take a look at Platinum. It was around $2000/oz a while ago. But since one of it's main uses is in Catilytic Converters in cars and car makers are getting hammered it is also diving.
Submitted by rlcmcallen on Mon, 10/13/2008 - 14:53.
I'm thinking of selling a little gold and buying silver.
The problem is I can't find any silver to buy at anywhere near the nominal quoted price for silver. If I could buy it at no more than $1.00/oz. premium over spot, this would be a good time to buy silver.
Silver is more volatile than gold, so you can at least theoretically do better buying low and selling high.
silver
If you can find any.
A bunch of silver coins will be more useful in trade than a few gold coins.
silver!
.
What are there uses?
Gold is used mostly for jewelry then for coins.
Silver has many industrial uses plus jewelry and coins.
So as the depression hits Silver will drop in price due to lowered need from an industrial use. But it will rise due to inflation. What will really happen? Nobody knows.
Take a look at Platinum. It was around $2000/oz a while ago. But since one of it's main uses is in Catilytic Converters in cars and car makers are getting hammered it is also diving.
A good friend of mine is making excellent returns on his money
buying wine and reselling it a couple years later. Of course he knows his stuff and researches the subject.
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Discover Costa Rica
On second thought,
Maybe the question should be
Silver or beans? or maybe
Silver or toilet paper? or
Silver or generator? or even
Silver or Smith & Wesson?
Have you been to a local gun show? You could find all sorts of things to "invest" in, including silver.
Gold or Silver
I'm thinking of selling a little gold and buying silver.
The problem is I can't find any silver to buy at anywhere near the nominal quoted price for silver. If I could buy it at no more than $1.00/oz. premium over spot, this would be a good time to buy silver.
Silver is more volatile than gold, so you can at least theoretically do better buying low and selling high.
Of course I could be wrong.
Gold or Freezer? I can spend about $200.
"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." Benjamin Franklin
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government of the people, by the people, for the people
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wait & enlighten yourself
PUT it under your pillow till the dust settles...
weee
yes .... output ??
just so you don't have to keep bumping your own thread, which Michael asks you to not do !
I prefer Rodak
http://www.coolstuffvideos.com/images/spacepic15.JPG
??
anyone?