iShares Silver Trust (SLV)

[JLS]

My comment ...

was written in the Socratic irony literary style.

But I'll guess you could do a little research on that.

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Or, you're waiting for $30 for silver because you started accumulating it several years ago when it was trading over $30, and you are absolutely sure that someday you'll get your money's worth of silver (and perhaps gold) back and lots more as fiat money finally fails. In 2011 silver traded darned near $50. In reality, if you bought silver then, and if that price ever happens again, you'll need considerably more than $30 so you can compensate for inflation.

They must love it when you walk in/sign in if you are paying that much!

IMHO, buying gold or silver is one of the stupidest things I could do. Therefore I don't do that.

If you want to buy something precious that will keep you alive and comfortable sometime in the future, it's not going to be silver or gold. It's going to be land that is fertile and has trees and water rights. That's exactly what I've accumulated with my money.

All that gold and silver will do for its accumulators is attract thieves and ravens and land barons. I'll be one of the land barons. I'll take all your gold and silver in exchange for the rent of a small piece of land on which you may build a hut and have a small garden and you may use some of the wood to keep yourself warm in the winter. When you run out of gold and silver, you'll have to work for me, and when you're too old for that you'll either have to leave or have one of my other peasants take you in.