Should I Buy A Silver Monster Box?

It is better to break a monster box into following slots:

100 American Silver Eagle
100 British Britannia
100 Canadian Maple Leaf
100 Mexico Libertad
100 Austrian Philharmonic

You will have variety and all world recognized brands.

If I was going to drop that kind of money on silver then I would do exactly what leon said in his post above.

Yup makes sense here. Silver is trending down.

To look at it like he does though, you can see a bit of a floor in that $15.80 range. It may look tempting.

I think he would argue that you should wait until the floor breaks through some resistance or the roof with confirmation. Better to miss the first dollar or so gain than tie up money with a shot at losing money and generating no income while you wait.


I agree completely with the Federal Reserve and money printing and rigged markets stuff, heck my avatar is a silver coin with the flags of the US, Russia, China, France, and England on it issued as a UN Monetary pattern, i.e. one world currency. That being said, I trade some myself and Yup is completely right and if you really analyze it, mathematically it must always be right. The trend is your friend, until it isn't.

If you collect silver, buy some, it is shiny and a great conductor of heat. On a hot day stack about 40 ounces or so on the back of your hand and feel the heat just leave your body some time. Do you really want 500 of the same silver round as part of your collection though? Are you building 500 Silver Eagle sets? If it is a collectible, get some variety.

If it is an investment, it is not a wise one. Hold cash for a lower price and then wait for it to show strength on the rebound, you don't need to buy at THE low, you just need to buy after A low on one of many inevitable periods of strength.

I - O!

I think your best to buy in a little at time as the prices fall .. if your set on 500oz then buy 50 or 100oz at a time as to chase the price down and not up.

Yup

I appreciate your input but have to disagree. Commodities are of course investments. Cars can be an investment too.

Unlike gold we use up silver each year and when prices come down the costs become too much for companies to mine it. When silver was $40 a lot of people were calling for $100/oz now at $15 the talk is breaking $10. I am starting to buy silver as a long term investment.

Denco7 he could always open the box and sell the tubes individually and then wouldn't need someone to buy entire box.

Wait until the next recession probably not to far away, silver should bottom out hard as copper mining is still ramping up, and all the excess investment from the last 5 years can go spilling out into the streets, then you can mop up. I like to buy but stick with low premium, i.e. 10 oz. bars as I have yet to see any kind of return or potential future return on any PM investment. The only positive side is with anything numismatic that I've purchased over the last few years.

I agreee I've held off for a bit and have been buying in the 10-20 oz range per month..still go to coin shows and enjoy them. Nothing too fancy. I just like stacking....