Silver Too Attractive To Ignore

There must be something of value in the catalytic converters as some were cut off cars in a mall shopping center.

Rapid run ups on any investment like this scare me. When I am holding a stock and it runs up like silver and gold have I dump it right away and look for something else that may be undervalued or the pricing is based on solid balance sheets. Commodity investing is and always will be very risky. A gold or silver deposit the size of Montana could be discovered next Thursday. What would happen to the price then? Too many countries and too many people hold very large quantities of metals and could decide to sell at any time, flooding the market with more product than demand can absorb, thus driving prices down. I am still buying silver, but only in coin form that has a higher numismatic vs. metal value. I am also buying "junk" silver coin if the price is right (30+% below melt) but these finds are getting less and less.

Agree at $3 per ounce you buy all the bullion you can find. At $30 per ounce, buy silver only if the coin has high intrinsic numismatic value. MS 64 morgans are probably the sweet spot. If silver doubles, you get a power boost on the valuation. If it falls, you still have a deeply collectable coin

@Maineman750: That's probably because you don't give up information for free if it keep you in business. If you had a "hunch" it would be a bad idea to go around telling people about its benefits.

30$ on silver is a good time sell the junk for face and buy Esilver bullion online if you want to play the silver game and dump at a high point

That way if the silver runs up to 50$+ fast and starts to dump you can sell instantly
if silver falls from $48 to $16 almost over night like it did in 1980 your not stuck will a bunch junk silver trying to sell it on the way down , and a problem might be you can't find a buyer fast enough by the end of the day and the next day your silver is worth 1/3rd as yestrday

Not saying you have to , but I'm selling some junk silver right now at 21x face to a guy that thinks it will go higher.
Im putting the money into online silver , this way he has the junk silver in his hands and I can sell my online silver in one click of a button.

Spot price is at $30.19

My internal "great silver decision debater" won't start until it stays above $50/oz.

By that point, all the weak hands and fence-sitters will be out of the game.

Just a little profit-taking and a short-lived surge for the dollar. It will all be better by the weeks end.