TexasCHLforum.com

rotor wrote:The Hunt brothers didn't seem to know when to buy either. Buy for the fun, not for profit. Like the guy on tv says, "I like to hold it in my hand" or however he paraphrases it.

Equating the Hunt brothers to those on this forum buying silver isn't really a fair comparison. The brothers were multi-billionaires trying to corner the market, highly leveraged for their purchases and ending up owning one third of the worlds supply of silver. They ended up paying $134,000,000 in fines for their market manipulations. Assuming the current market isn't being manipulated to that scale, silver is probably a good investment for the average investor, as long as not all eggs are in the same basket, silver or otherwise. Other than the Hunt blip, silver has tracked real goods for a hundred years.

If the stuff hits the fan silver purchasing power will rise rapidly, IMH(nonprofessional)O.

AndyC wrote:Bars apparently have less of a premium over the spot-price, from what I'm reading - more metal for your money. The glitzy rounds that I bought aren't the best bang for your buck, but I wanted something cool - and silver is at its lowest price in 5 years, so I figured I'd climb in.

Rounds are more easily traded I believe. I think rounds are better investments for most people. When you sell, you can probably get closer to spot with rounds selling 'locally' (ftf with other similar Investors) than to the big national metals houses. For intermediate to long term, I think the slight premium to spot to buy rounds is a non-issue.

carlson1 wrote:What is better bars or coins?

Coins don't have to be assayed. Bars may have to be. Coins are more likely to be tradeable, IMHO.

AndyC wrote:Well, these come from a well-known private Texas mint, so fake isn't an issue - this is me hedging with some silver for the long-term against inflation. As an aside, it was interesting that there's no sales-tax on precious metals any more in Texas-Texas sales - pretty cool.

I got some of the zombie coins in copper, too - those are inexpensive and fun :)

[ Image ]

Didn't mean to imply they were fake. Was responding to the previous post re: fakes. Those are pretty cool. I personally have a hunch over the long haul, silver will be a very good investment.

Interesting article on fakes

http://thefisch.com/shownews/id/1411222857" onclick="window.open(this.href);return false;