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OtherGround Forums >> .999 Silver = Best long term investment


12/27/11 10:47 PM
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SgtJustinTeplitz
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.999 silver is the best long term investment. With silver down to $28.60 an ounce, it will eventually hit $100/ounce. I say No Later Than 2030 will it be $100/ounce. What other investment has such a great rate of return? It may continue to go down temporarily, but will inevitably hit the $100 mark in 20 years or less.

Thoughts???
12/27/11 11:46 PM
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MercWaMouth85
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Probably true^ Phone Post
12/27/11 11:48 PM
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behzad
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I own a silver ring Phone Post
12/27/11 11:57 PM
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Doublevision
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Where do you buy pure silver from? A jewelry store? Phone Post
12/27/11 11:57 PM
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Doublevision
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^real question btw Phone Post
12/28/11 12:00 AM
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SgtJustinTeplitz
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MercWaMouth85 - Probably true^ <img src="/images/phone/apple.png" alt="Phone Post" border="0" style="vertical-align:middle;"/>


Thanks!

Jewelry stores are rip offs

Buy .999 Silver coins from coin shops and nothing else.

Silver was at $49.50/oz earlier this year. Can you imagine if another crisis occurred? Silver may skyrocket sooner than later! It's just a matter of when.

Thanks for posting in my thread friends
12/28/11 12:02 AM
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FatFrenchFry
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Doublevision - Where do you buy pure silver from? A jewelry store? Phone Post
This.
But I'm guessing a jewelry store wouldn't be the best bet. Phone Post
12/28/11 12:04 AM
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SgtJustinTeplitz
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FatFrenchFry - 
Doublevision - Where do you buy pure silver from? A jewelry store? <img src="/images/phone/apple.png" alt="Phone Post" border="0" style="vertical-align:middle;"/>
This.<br>But I'm guessing a jewelry store wouldn't be the best bet. <img src="/images/phone/apple.png" alt="Phone Post" border="0" style="vertical-align:middle;"/>


Definitely not. Buy .999 silver coins on eBay or at coin shops.
12/28/11 12:07 AM
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Doublevision
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SgtJustinTeplitz -
FatFrenchFry - 
Doublevision - Where do you buy pure silver from? A jewelry store? <img src="/images/phone/apple.png" alt="Phone Post" border="0" style="vertical-align:middle;"/>
This.<br>But I'm guessing a jewelry store wouldn't be the best bet. <img src="/images/phone/apple.png" alt="Phone Post" border="0" style="vertical-align:middle;"/>


Definitely not. Buy .999 silver coins on eBay or at coin shops.
So a coin shop will sell me the silver coin at market price or will they bump up the price alittle bit? I got money to invest and won't mind shelling out a couple grand on silver right now Phone Post
12/28/11 12:15 AM
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SgtJustinTeplitz
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Doublevision - 
SgtJustinTeplitz -
FatFrenchFry - 
Doublevision - Where do you buy pure silver from? A jewelry store? <img src="/images/phone/apple.png" alt="Phone Post" border="0" style="vertical-align:middle;"/>
This.<br>But I'm guessing a jewelry store wouldn't be the best bet. <img src="/images/phone/apple.png" alt="Phone Post" border="0" style="vertical-align:middle;"/>


Definitely not. Buy .999 silver coins on eBay or at coin shops.
So a coin shop will sell me the silver coin at market price or will they bump up the price alittle bit? I got money to invest and won't mind shelling out a couple grand on silver right now <img src="/images/phone/apple.png" alt="Phone Post" border="0" style="vertical-align:middle;"/>


Only do it for long term

Buy American Eagles at 33 or Canadian Maples at 32 each

They are the best silver bullion

When they hit 100 in t minus 20 years, you = triple your investment!

Yep, coin shop or eBay

12/28/11 12:16 AM
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ec
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Sub Phone Post
12/28/11 12:18 AM
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SgtJustinTeplitz
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Jacobmccrmck - Why does the price of something like that go up or down? What is its real value other than jewelry? <img src="/images/phone/apple.png" alt="Phone Post" border="0" style="vertical-align:middle;"/>


throughout history of time,pure silver and pure gold coins have always been used as currency and it's still like that presently. They are rare and desired! Just ensure you do not buy worthless "Silver clad" or "Gold plated". BUY ONLY .999 SILVER COINS OR .9999 GOLD COINS, PERFERABLY AMERICAN EAGLES

WWW.KITCO.COM
12/28/11 12:19 AM
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Authority Figure
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C'mon son. Unless you've got over $2K to invest in gold or silver, it's not even worth the trip. You'd do better investing in HIV or Cancer medicine or any of the other plethora of medications that are being created for both real and imagined diseases.

Besides, buying coins and keeping them in a safe deposit box is not investing. It's hoarding. No money to be made this way. Who's going to buy them? If you don't know a reputable dealer, you're not getting jack. He's certainly not going to pay market value.

Now going to a commodities trader and investing in Silver is how you recoup your investment on the spot. No need to find a coin dealer. (Who would never pay fair price to a stranger) Just tell your trader to sell when you're ready to make some change.
12/28/11 12:24 AM
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SgtJustinTeplitz
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Authority Figure - C'mon son. Unless you've got over $2K to invest in gold or silver, it's not even worth the trip. You'd do better investing in HIV or Cancer medicine or any of the other plethora of medications that are being created for both real and imagined diseases.

Besides, buying coins and keeping them in a safe deposit box is not investing. It's hoarding. No money to be made this way. Who's going to buy them? If you don't know a reputable dealer, you're not getting jack. He's certainly not going to pay market value.

Now going to a commodities trader and investing in Silver is how you recoup your investment on the spot. No need to find a coin dealer. (Who would never pay fair price to a stranger) Just tell your trader to sell when you're ready to make some change.


i'VE HAD EXPERIENCE in this for years and have made lots of money. Coin shops and eBay DO pay fair share for "bullion" (.999 silver American Eagles or .9999 Gold Eagles). Type in "silver ounce" on an eBay search near closing time of an auction and you will see for yourself...Anyone can do it and make lots of money...
12/28/11 12:27 AM
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SgtJustinTeplitz
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go on kitco.com and browse more on silver/gold bullion (more opportunity for profit-making in silver)...

again, just american eagle .999 coins!!! or canadian maple .999 coins!!!
12/28/11 12:30 AM
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Cotton
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Good stuff, Justin.
12/28/11 12:30 AM
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SgtJustinTeplitz
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.999 silver = best long term investment!!!
12/28/11 12:32 AM
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Fighting
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I'm going to call it right now, by 2050 silver will be worth more then it is now!!!
12/28/11 12:32 AM
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Mencken
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 Ok, I'll bite.  What legitimate support do you have for it being $100 in 2030?  An ROR of 5%, which is very conservative, will return $72.27 by 2030.   And to repeat, that is conservative.  Given that silver is going to $100, in your opinion, can you give you reasoning? 
12/28/11 1:50 AM
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FatFrenchFry
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Why would you take silver over other precious metals? Phone Post
12/28/11 1:59 AM
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RefriedJinx
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Used to buy silver eagles for 6 bucks each. Oh how times have changed Phone Post
12/28/11 2:22 AM
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Respect
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SgtJustinTeplitz - .999 silver is the best long term investment. With silver down to $28.60 an ounce, it will eventually hit $100/ounce. I say No Later Than 2030 will it be $100/ounce. What other investment has such a great rate of return? It may continue to go down temporarily, but will inevitably hit the $100 mark in 20 years or less.

Thoughts???


I find your wild speculation to be incredibly conservative. Silver will be $300/ounce by 2025.
12/28/11 2:24 AM
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SirPrize
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I think the amount of money you have/want to spend will be a factor. If you only spend a few hundred dollars, then silver won't be a problem. Try spending a few *thousand* dollars on silver, though, and storing it somewhere. That bullion quickly adds up to a lot of weight/space. Gold is easier to store/hide.

Note - I do like silver... a lot. However, I think you should factor storage of physical bullion into your purchasing plan.
12/28/11 2:44 AM
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BetJits
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I have a few thousand in silver doesn't take up that much space. Trust me. If you buy a couple ounces a month or when ever you get a few bucks it adds up quick. I look at it as money I would waste other wise. I buy it and forget about it, I'm long term. Hopefully in the future I will have accumulated ebough to buy some land. Agbull has some good insight on this. Hopefully he will post on this. Phone Post
12/28/11 3:36 AM
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BetJits
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Get gold too. Its not as volatile Phone Post

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