@mikeshuh
Thank you for sharing this. :-)
If we talk about precious metals it´s a long term thing - in my opinion.
Buying gold, silver, platinum, ..., with the goal to sell it after a short period of time could go wrong.
Look at all the gold-talk which was going on, after gold hit 1300 finally. We had it at 1800 also.
I started to buy silver ounces 7 years ago and bought the cheapest for about 14€. Due to the raise of the silver price I also had to pay about 30€ for one ounce.
But for me it´s a long term bet and I really don´t care if gold is up 50$ or 100$. Neither if silver is going up 5$ or 10$.
Its a long term bet as I just said. And therefore it takes time and the big moves will come. But I don´t know if it happens in 5 years or in 15years.
But I know one thing: I own my silver physically. There is no piece of paper with some numbers on it... It´s just the physical silver. And that´s all what counts if you invest in precious medal on the long run.
...just my 2cts...
The classic saying "If you don't hold it, you don't own it " seems to apply as most would agree with you.
First off, welcome to Steemit! I saw your 25 rating (now 26, after a few upvotes from me ☺) so I knew you were new here. I suggest you check out the SteemSilverGold community. There are a lot of silver stackers on Steemit and with well written comments like this one, you'll do just fine around here! If you want see everything tagged with SteemSilverGold, scroll up on this post and look for the tags. Then click on "steemsilvergold".
Thank you, I´ll check it out :-)