Crazy-Crazy What To Do?

Take your money and invest in some great stocks that are now at a better price. Of course a little G & S wouldn't be bad either.

I went through these more than a few times, I came out as a big winner in the 1980's when Silver peaked, just dumb luck but great timing when I sold.

I always invest a little more into stocks when I feel they hit pretty close to bottom. It takes me a few days to read this though since it is more complex than PM's.

I expect another real bad day tom, and silver may loose all its ground back down to 33 to 34 an oz. before it is over....

When silver started its fall from 50, it was like a week of bad days seems like in a row, and the market loses today are much more notable in historical terms. I went down to the store to grab a drink, and just in five minutes on sports talk, I hear "record marker loses", before I can get out of truck at the bottom of the hill, lol....

Check out Canadian banknotes thread today, and the title is something like "Gold the only safe haven", as I just watched the video and found it had some interesting thoughts on the near future of silver an gold....

Lots of people selling gold/silver today to take profits and cover losses in stock market. Get used to this.

In my opinion, gold and silver are still a sure thing.

I'd rather have PMs than fiat/worthless paper federal reserve notes or little electronic digits in some computer system somewhere.

I'd asked myself these questions about a thousand times.

And I've read some really great articles explaining the different between investing in Bullion vs investing in Numismatic Coins. And when I first started, I agreed that I would never buy slapped bullions. I feel that ASEs' with high premiums are almost the same as something that's slabbed, IMO.

But there's so many ways to look at it. A lot of people like the ASEs due to the coin being familiar to most people, so they tend to think it'll also be easier to trade once it comes time for that.

I've decided to do two things. One, to just invest in silver bullion as a bullion. Plastic wrappers or no plastic, I'm buying just for the silver content and that's it. But I've also started my silver "collection" which I don't see as an investment, which is basicly ASEs, Pandas, Koalas....etc. but only one of each type of Bullion. Maybe once I get most of the different types of bullions, I'll try to collect every year of those bullions, but that's after I've collected one of each coin from all the available countries that offer 1 oz silver bullion coins/rounds.

So, when I'm shopping for silver, I see it in two different views. One, just for plain investment, so it doesn't matter which brand the silver is marked, as long as it's purity is the same. And the other view, which is, getting the prettiest looking silver coin I can find, and I do pay the extra cost of getting the pretty ones.

And I think at this point, with so much advertising for silver and gold on the papers, radios, word of mouth...etc., I think all silver will have a premium at some point. So it really depends on if you feel it's worth it to you. I hate answering questions without a proper answer, but then again, I feel there's no real answer to these kinds of questions. The only thing anyone can do is give you advise or opinions.

The dollar is a safer bet than the Euro right now, that is why the dollar strengthened.

It won't last long...as you quoted, we have our own problems, and they will come to a head soon.

Even though it's been a bad week or two in the stock market, where else can you make any money? I think (hope) it will come back; in 2008 there were many that said "even though I've lost a lot, I have to get out now, so I don't lose more", and I can understand that, but then they miss out on any recovery. Corporate earnings have been good, and I don't see any of these companies going away soon. PM's are interesting, but I think equities (stocks) will continue to be the way to go for the long haul. If you can diversify, and absorb these jolts, all the better!

Much discussion today on CNBC was about corporate profits,and the big concern is that Q2 profits were mostly from the emerging markets. Q3 and Q4 may not be good if we continue to see worldwide slowdowns and many of the "attractive companies"may not look so good by years end. Europe is really dragging on economies everywhere and they don't appear to have a clear vision of where they're going. I don't think the US Fed can do much more to support the markets so I don't expect the "opportunities in the market"that we saw in 2008 will be there this time around.

It has been difficult for sure. Just remember, though, that there are foreign markets out there and that some of them are doing pretty well. The Canadian, Aussie, and Asian markets seem fine. So do their bonds. I would like to invest in these areas. I will also invest in the US but on a more limited basis than I have in the past. I could see a rough allocation along the lines of: 20% in US dividend paying stocks; 20% in Canadian stocks and bonds; 20% in Aussie stocks and bonds; 10% in Latin American stocks, and 20% in Asian stocks (excluding Japan). This would be the part of a portfolio that would not be invested in PMs. Over-all, I would like 10% of my money in PMs.