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Anyone Buying Silver?

Posted: May 15th, 2010, 6:37 pm
by Mole_J
I started buying some collectible silver coins recently, so far I have only two: American Silver Eagle and Australian Kookabarra coins. They are pretty cool and should be receiving another one soon. I want the Chinese Panda and the Australian Koala Bear coins.

I think collectible coins are a little different from investment coins.

I have been watching a few videos by Robert Kiyosaki, he is advising people to buy silver. Like this one: http://www.youtube.com/watch?v=48DsF7dJE7k

I noticed Silver has went up almost 3 dollars ($19.36 at this writing) with the bailout of Greece.

I been thinking about taking a little bit of money every month and buying some bullion coins (probably American Silver Ealges). Just wondering if anyone else is buying silver coins at the moment? Do you think Silver is a good investment?

Posted: May 16th, 2010, 5:38 pm
by pastorables
Silver could be a great investment. If I would have listened to the prognosticators in 2005 concerning the coming gold market, I could be relatively wealthy right now. :? :)

As for silver, I can remember the big boom several years ago when silver dollars were bringing $50 - $60 each. That could easily happen again IMO.

pa

I wish

Posted: May 16th, 2010, 6:22 pm
by Pastor Gary
I wish I had some extra $$ now (that's an oxymoron) to buy precious metals for investment. We have some friends who made a considerable sum of profit buying gold... $30K+ in one transaction.

Posted: May 19th, 2010, 4:18 pm
by Mole_J
I got the Mexico Libertad Silver Coin today. This is one of my silver collectible coin. Mine is a 2010, but here is a picture of the coin: 8)

Image