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