Today, Saturday I just bought a couple grand worth of Silver

[Cascadian]

My wife and I were talking about burying an ounce of silver here and there. Making a treasure map for each one. When the grandkids visit they can go treasure hunting.

 

[Supervisor42]

My wife and I were talking about burying an ounce of silver here and there. Making a treasure map for each one. When the grandkids visit they can go treasure hunting.

That sounds so awesome!!!
I give 'em 2 visits before one shows up with a metal detector he borrowed.

 

[Mountain trapper]

My wife and I were talking about burying an ounce of silver here and there. Making a treasure map for each one. When the grandkids visit they can go treasure hunting.

That is a great idea with the treasure map.
We're planing on buying the grandkids metal detectors for their birthdays.
We've got an old mining camp and stage stop on our property. I was going to bury some old silver coins, without telling the kids, and turn them loose with the detectors.

 

[angie_nrs]

I confess, I am a turncoat... I like stocks.
They send me muuney every 3 months that I can spend, as well as going up in value over time.
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Sadly, not long ago MIL passed and hubby inherited part of her IRA, which wasn't a whole lot, but we told our investment manager to transfer the entire amount into a PM fund. He was hesitant to do that but it was well before the election and we wanted to make sure we had some 'paper' PM's too. We're just gonna let that account sit there b/c we don't need it right now, until they make him take RMD's.

As far a physical PM's we don't put all of it in one place. Aside from the stuff down Oak trail, we've got some scattered here and there. And when we go on vacation, we take some silver coins with us just in case.

 

[Tacitus]

I confess, I am a turncoat... I like stocks.

Diversify! Metals, stocks, ETC.

People who give me trouble about buying gold somehow seem to assume that I have all of my wealth/savings in gold, when in reality it is a small part of my wealth. Granted, much more than the average American has. It is an emergency wealth...in case something happens to my brokerage accounts or to the US dollar.

 

[Mountain trapper]

Diversify! Metals, stocks, ETC.

Yep. Add land, equipment, precious stones, art, antiques, cash, livestock and skills to that list.

 

[Dave2001]

I sold some gold over the last 3 years or so to pay off medical bills. The only silver that I've sold in recent years was some Mexican silver pesos that I inherited from my dad. Also gave some to the grandkids to spark their interest in saving PM's. When I was a kid my grandfather gave me a stack of Morgan silver dollars that he found buried in a strong box. I still have them, plus I now have dad's share.

I remember when mexican pesos were 7 cents us each

 

[Mountain trapper]

I remember when mexican pesos were 7 cents us each

I think I got about $20 each for these. They were all dated in the 1920's and had about 1/2 ounce silver.

 

[Neb]

I think I got about $20 each for these. They were all dated in the 1920's and had about 1/2 ounce silver.

Sounds good.

Some numismatic value in those.

Ben

 

[Mountain trapper]

Gold is up over $25 today to $2821. I'm thinking about selling some when/if it hits $3000 and buying a place over on the coast.
Silver is down a bit so I'm continuing to buy some.