Anyone Buying Silver?

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Mole_J
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Anyone Buying Silver?

Postby Mole_J » May 15th, 2010, 6:37 pm

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?

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pastorables
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Postby pastorables » May 16th, 2010, 5:38 pm

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
"He is no fool who gives what he cannot keep to gain that which he cannot lose."Jim Elliot - Missionary Martyr

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Pastor Gary
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I wish

Postby Pastor Gary » May 16th, 2010, 6:22 pm

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.
"God is excited to show you mercy. He rises to give you His compassion." (Isaiah 30:18)

"For surely, O LORD, you bless the righteous;
you surround them with your favor as with a shield." (Psalm 5:12)

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Mole_J
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Postby Mole_J » May 19th, 2010, 4:18 pm

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)

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