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Jim C.
Member since May 2012
463 commentaries - 3 followers

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has posted a comment on the article :

Buy Silver Now?

- Michael Kilbach - Investment Score

A long article just to say, "yes, buy silver now."

Here's my short response. I recall a song written in the 1930s: BROTHER, CAN YOU SPARE A DIME? Now that dime then, a silver dime, is now worth $2.02. Back then you could buy a cup of coffee with it...and you can still buy a cup of coffee with it today, and not much more. So, silver, at least from that perspective is not overly priced; if anything, it is a bit high.

Think I'll wait and buy at a lower price.

Commented 4043 days ago

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Beginning of the headline :Do you want to buy silver? Have you considered seasonal price patterns before jumping in with both feet? What typically has happened to the price of silver, in past years, following a March/April purchase? Does it make sense to buy now or wait to make that purchase? In 2004 we can see that if we had made purchases of silver bullion in the first trading day of April, by September our investment would still be unprofitable. Additionally, multiple buying opportunities would still pr... Read More

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