Time for me to buy more Silver
Back in 1999, when I graduated high school, my grandparents gave me a big heavy box full of bills and coins as a graduation gift. $100 in one dollar bills, $200 in two dollar bills, and 100 1oz silver rounds. My grandmother told me that the ones were for happy hour drinks at Sonic while in college, the two dollar bills were for taking a lovely lady out on a date (she nailed the sonic drinks, but grossly underestimated the cost of dinner and a movie) and that the silver was for me to keep hold of until I absolutely needed it. Or, she said, maybe when you're 50 they'll be worth $10 apiece, then by all means sell them. Well i put the box away and completely forgot about it the day I saw that Silver had hit $28. I never paid attention to the metal markets and just happened to be eating breakfast at McDonalds that morning and saw it on the news. So of course I found my box and sold the silver. Used the money to buy the family all new furniture throughout the house. Could have waited a bit and gotten more but I ain't got ESP. I told myself then that if it ever dropped back down to $20 i would make sure to include Silver in my list of things to invest in. So for me, now is the time to get in. If prices keep going down i will keep buying more and more. Just another percentage of my scrap money i need to allocate every month. Diversification is how all the big money players keep ahead and constantly make money. Even us little guys can do it, just on a much smaller scale.
