Will Silver Shine Brighter?

I know that I keep buying silver coins every week. I don't have much money, but I buy what I can with the extra I have. Before long I think that I'll be able to buy a steak or other food for 1 quarter or 1 half dollar. As of now, I can almost get 1 gallon of gas for 1 dime.

Dont forget its a trading vechicle and subject to a lot more volitilaty. That may not matter to a long term holder but I would be careful here.

Sometimes silvers worth 2 of something sometimes not.
what I meant about the goats is, was. The values been about the same for thousands of years I'm looking out my window at our small herd of goats 16, wondering,, do I feed them or do they feed me?I hope that's on topic about the price going up or down. I'm not always clear ask my wife !

Who's on first?

If you have goats, better get some chickens too; they can help cleaning up after the goats. Maybe one will lay golden eggs. Oh wait, that was a goose!

I'm NOT trading in MY ASEs for goats, no matter how many they offer! I used to visit my aunt and uncle on their farm. They had some goats. Nasty critters.

I agree, Mitch. Dollar value destruction has been going on for some time now but it has accelerated in recent years. The Fed has WAY over-printed our currency and there is about a zero chance that this will not reduce its value. Of course, they can always reduce the amount of currency out there too but they haven't shown any interest in doing that.

One very interesting thing occurred yesterday. The price of gold gained $4-5 / oz. while all other PMs decreased in price. In most cases, they all seem to gain or lose at about the same time, although the percentages of losses or gains are often different. Gold is the only pure monetary metal, though, so maybe that had an influence on this event.

The other PMs have sufficient industrial uses that demand for them by industry often seems to add more volatility to their day to day prices than just the investor market adds.

Silver also has considerable industrial use but is very spiky in price with lots of price volatility. Silver is quite often the largest PM price gainer or loser by percentage. Some people say that this could be a sign of market manipulation but I don't know that there has been any proof of this - at least since the Hunt brothers days.