Silver as an investment

The Weekly Telegram: Silver Target: $250 – $750 per ounce

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.


  • Posted July 27, 2011 at 12:20 pm | Permalink

    I’m glad I didn’t do as he says. Going ‘all-in’ earlier ($15 to $20/oz.) netted me double to triple the ounces than I could get today with the same $$. If I’d been prescient enough to have gone all-in, just a year or 2 or 3 sooner, I could possibly have reaped 6 to 8 times the number of ounces. If I’m holding longterm, I don’t really care about interim market action. The inevitable return to a proper valuation over a matter of years is what matters, IMO. (I concur with Eric Sprott’s confident outlook.) I got what I needed early, with my every dime; and now, buying other essentials, I face not nearly the price increases I would for waiting to buy silver now

    • Posted July 27, 2011 at 12:44 pm | Permalink

      Excellent observation! – I think there are many commentaries in the silver market that are based on a trader’s mindset. I really don’t care about the interim ups and downs. My outlook is long term and “the inevitable return to a proper valuation over a matter of years” is exactly what matters to me as well. Well put Spooner, well put.

Post a Comment

Your email is kept private. Required fields are marked *