Only lost ten percent in the last twelve months tooMake it 21 years ago.
Turn of the century. Silver was under $5/ounce Gold around $273
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Only lost ten percent in the last twelve months tooMake it 21 years ago.
Turn of the century. Silver was under $5/ounce Gold around $273
Yet still worth 400% over what it cost in 2000Only lost ten percent in the last twelve months too
Nice idea and WAY, WAY overpriced! Would prefer to full silver bullets instead. Who cares if it's live ammo or not. Ain't going to use it as such anyway!Werewolf Defense Line
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That's still cherry picking.Yet still worth 400% over what it cost in 2000
eta Oops Gold is 700% higher
I bought a reverse-proof pair of Amercan Eagle silver coins a couple weeks ago from the US Mint. They arrived last Friday, added to the collection.
The numismatic value will far outstrip the spot price without question .
Greenshanks'll have the trillion $ coin, baby!So, all you gotta do is find the BIG DEAL COIN and JEWELRY EXCHANGE once we get the Thunderdome set up and you should be good to go!
Its a factThat's still cherry picking.
The historic ror over time should be used against the dow etc same.
Its a fact
The metals I bought back in the day are still 400+ % over what I paid for them
Where your PM profit margin is is your affair and where mine is is mine. Some guy saying they lost 10% recently , well that's tough for people who bought PM's on the market high and my advice to them would be ride it out. It will rise again.
OK instead of perceived gain, call it perceived non-loss.Actually Silver and Gold are up because of their technology uses , more so than because of the silver and gold bugs or institutional investors.
As far as the prices go Silver is still not on track to touch its all time high of $42 an ounce in 1980 when the Hunt's tried to corner the world market.
Adjust for inflation that is $139.44 . I should have sold every ounce I have in 2008 , for those who have short memories Silver hit $22 in 2008 and sank again to $15 or less . For those who clearly can't math that means people who hold precious metals did NOT gain 700% since 2000 . What you have done is keep pace with inflation which is what precious metals always do . Long term silver holders have more or less broke even
Another thought for anyone thinking they made 700% on their precious metals investments . Consider the fact our economy has experienced a 938.05% inflation increase from December 1999 to November 2020 . Food for thought concerning such "investments" and their perceived gains.
The numismatic value will far outstrip the spot price without question .
OK instead of perceived gain, call it perceived non-loss.
Can you say that money put in a savings account is doing as well or better?