Invest in silver or not?

[phoenixsilverbird]

I can't afford gold

Is silver a good investment to keep bullion in?
Share your opinions!

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[Zawamiya]

Nah, I think buying gold is better in the long run.. I got burned by litecoin so I am thinking silver might have the same effect.

[Sydboy]

I was interstate on friday night, I stayed at a friends place, well a member on these forums turned friend lol. i wont say the name so he doesnt become a target but he had a few kilo bars of silver and god dam that stuff looked sexy!! pricey to, but they traded their bitcoins for the silver bars. I personally think bitcoin would of been a better investment but he is the one who had the bitcoins to trade originally, so he is doing something right.

[SOAD]

Why invest or buy either? I think putting that money into bitcoin would be a far better investment as there's definitly more potential for profit right now. I very much doubt you will make much from a little bit of silver.

[SirChiko]

I can't afford gold

Is silver a good investment to keep bullion in?
Share your opinions!

Nope silver has really low value you better invest into BTC, gold isn't good option either atleast not for me.

[Crypt0Keeper]

Spin #1:  You're buying gold or silver at essentially their peak.  Bad move.
Spin #2:  If you have silver or gold and the dollar collapses before Bitcoin is ready to save the world, then you will be in OK shape to survive.
Spin #3:  Bitcoin is the best value and you can then roll the dice that it is readily accepted and can be spent when the economy collapses.

Yay. 

[Malin Keshar]

gold already with big rises, so maybe more room for silver grown.

Only don't stay all fiat because things will get ugly next decades

[SirChiko]

gold already with big rises, so maybe more room for silver grown.

Only don't stay all fiat because things will get ugly next decades

For Dollar yep but why do you think that this should also apply to other currencies like Euro and so on?

[acs267]

Why invest or buy either? I think putting that money into bitcoin would be a far better investment as there's definitly more potential for profit right now. I very much doubt you will make much from a little bit of silver.

If you didn't know, precious metals are far superior compared to Bitcoin when it comes to long-term investments, as of now.

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Invest into silver, just don't put too much money on it.

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[ALToids]

Gold is probably more prone to swings.  If you're not going to be constantly trading I would stay in silver.  The industrial demand for it is still increasing.

[Lethn]

If you can afford to buy it in big chunks then I think it would be worth it, but don't buy it in a small amount otherwise the price rise will barely affect you, silver will most likely follow gold once people find gold too expensive to get. I'm planning on buying several 100 ounce bars myself because they're pretty much dirt cheap right now, to be honest I'm not entirely sure why silver hasn't shot up yet, but I'm going to take advantage of the drop.

I will of course be holding cryptocurrencies as well if you ever buy precious metals be sure to check whether the person you're getting them from is trustworthy or not!

[ALToids]

If you can afford to buy it in big chunks then I think it would be worth it, but don't buy it in a small amount otherwise the price rise will barely affect you, silver will most likely follow gold once people find gold too expensive to get. I'm planning on buying several 100 ounce bars myself because they're pretty much dirt cheap right now, to be honest I'm not entirely sure why silver hasn't shot up yet, but I'm going to take advantage of the drop.

I will of course be holding cryptocurrencies as well if you ever buy precious metals be sure to check whether the person you're getting them from is trustworthy or not!

Well I don't think many people have the space to store that much silver in bulk, at least not safely.  You can tuck a silver eagle under your bed, but it's hard to hide 100 rolls or 10 bars

Also then you need to keep receipts and have a rider policy from your home insurance.

[Lethn]

pfft, I'm just going to buy a safe, I know how to take care of myself and security

[cinnamon_carter]

silver is an excellent investment

make sure you buy 'physicsl' silver , i recommend buying what is called junk silver

american and other countries coins in years past  contained silver,

check it out,  in the united states coins made 1964  and before are 90% silver

these can be purchased many places , often in situations where you don't have to give your id or social security number

don't get me wrong gold is probably a good investment but expensive

someone once told me if you invest in gold and have to leave the country you can carry everything in one bag where with silver you can't do it

when the dollar collapses things like physical silver (not certificates from your broker) and bitcoin may keep you alive

word to the wise

track value of old money and learn the percentages and going rates at a website like this

http://www.coinflation.com/silver_coin_values.html


do some research about the hunt brothers and how todays silver price is manipulated by being kept low from 'paper trading' 

it appears to me to be true.

[Lethn]

Junk coins can be worthwhile but they may well be more difficult to sell, if you're going for small I'd just buy 1 ounce bars or something or even bars that are just a couple of grams, the reason being is because anybody who knows about bullion will know for certain that it's .99 silver and they're not getting ripped off.

In the past governments always messed with the amount of precious metal in coins so they could make more and inflate their currency so be wary of that.

[jump4ever]

I would invest in gold instead of silver

[jump4ever]

I would invest in gold instead of silver

why not bitcoin?

you're goddamn right :p

[beetcoin]

Nah, I think buying gold is better in the long run.. I got burned by litecoin so I am thinking silver might have the same effect.

you can't equate gold and silver to bitcoin and litecoin.. gold/silver are not just investments, they can actually be used for other things.

[bluefirecorp]

Spin #1:  You're buying gold or silver at essentially their peak.  Bad move.

Silver is massively cheap right now. It hasn't been this cheap in a very long time.

[phoenixsilverbird]

Buying gold ingots is an experienced, rich investor's game.
Silver?
It has potential.