TURNMASTER
Active member
I think holding the metal in hand is wise but more for the hedge against inflation than profit. You should have SOME on hand just in case. We need not be talking about total economic collapse. In times of extreme hardship it could be very handy to have.
I do agree that Ag will still climb in value, it has to. Based on industrial consumption as well as on the value compared to Au. I was thinking in the neighborhood of $80 oz
I have also read that the value of even common date coins in good shape are going up more than the rise in Silver based on the fact that "junk coins" are being melted down and reducing the number left on the market. Do not actually know the truth of that statement though.
MHO
Jeff
I do agree that Ag will still climb in value, it has to. Based on industrial consumption as well as on the value compared to Au. I was thinking in the neighborhood of $80 oz
I have also read that the value of even common date coins in good shape are going up more than the rise in Silver based on the fact that "junk coins" are being melted down and reducing the number left on the market. Do not actually know the truth of that statement though.
MHO
Jeff