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Old 04-30-2011, 02:38 PM  
mayabong
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Join Date: Jan 2010
Posts: 1,952
I bought

200 ounces of silver a while back when it was $29 and have been very happy with the result. Almost doubled my money in just a couple months.

This recent spike kinda has me nervous. But from what I understand JP Morgan has been keeping the price artifically low for years and they are being investigated.

http://opinionator.blogs.nytimes.com...silver-lining/

The normal ratio silver to gold is historically 16 to 1 or something but now its still 35 to one or something.

Who knows what the real value of these metals is. As long as the keep printing dollars and inflating the currency, people will run to gold and silver to keep up with inflation.

I bought one ounce of gold the other day. I felt pretty dumb paying 1500 bucks for something that fits into the palm of your hand. But even that investment has payed off.

Last edited by mayabong; 04-30-2011 at 02:40 PM..
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