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Posted 09/06/2014 09:30 am
Buying low is not a bad idea, why would it. If your grocery bill was going down over the years would you stop eating? It all depends on WHY you want the silver. For me this is a great time but I have no extra income for that. I have enough silver that I'm not consuming as it is and that's the only thing slowing my buying.
Another thing, silver has value. If it did not wouldn't it simply be getting crushed to $5 right now? People are holding their silver, not selling it. It's not an exponential amount of selling; it's holding steady. Again, are you consuming the silver or just buying it to collect dust? Remember who the end consumer is. People who want to profit for the sake of profit will tell you sell your silver or don't buy it because it's not in a mania. I posit that one should see the mania coming years ahead of the game and be prepared, especially if you're the end consumer - this allows you to buy the forms that you want (e.g. that popular silver coin that everybody has but now is scarce because everybody wants one). Do you want profit or silver?
Another thing, silver has value. If it did not wouldn't it simply be getting crushed to $5 right now? People are holding their silver, not selling it. It's not an exponential amount of selling; it's holding steady. Again, are you consuming the silver or just buying it to collect dust? Remember who the end consumer is. People who want to profit for the sake of profit will tell you sell your silver or don't buy it because it's not in a mania. I posit that one should see the mania coming years ahead of the game and be prepared, especially if you're the end consumer - this allows you to buy the forms that you want (e.g. that popular silver coin that everybody has but now is scarce because everybody wants one). Do you want profit or silver?
