. Don't know why though. I would never pay that much unless silver was $192.14 per ounce.
Posted 07/08/2011 9:14 pm
My dad and I were talking about things like this happening. The only thing that we can figure is that there are some people who know that silver and gold are stores of wealth just from talking with friends or maybe even from things they have seen on t.v. Then because they don't know the right questions to ask they end up buying things that they think are more valuable than they really are. That is all I can figure. Seems that some people do not have as great of a BS detector and believe what ever people say. I've had an argument with a guy who thought you should only buy ASE because if the country collapsed people who know what they were. I tried telling him that if you go back and look at early America all kinds of coins circulated because people knew what they were worth. As a matter of fact it was almost 60 years after independence before we started getting the foreign currency out of the domestic economy (and probably 100 years before most of it was rooted out). Any way, just a tangent to say that I think a lot of people are getting in over their heads.
