Buying gold & silver?

Silver seems to be doing well recently, i imagine all the uncertainty is helping that.

I purchased a stack of 19 1/4oz britts and a stack of 16 1/10oz britts last week, for no other reason than to have in the collection.

Im not holding out for much return, but who knows in the long run.
 
Both silver and gold have done well over the last year. What they are reflecting is a decrease in the real value of Sterling, after a lot of unbacked money printing by the Bank of England over the last 5+ years, i.e. inflation of the UK money supply. I expected the gold and silver price to start moving upwards earlier than it did. As I said earlier in this thread, my own view is that the gold and silver price is heavily manipulated, and this artificial price suppression kept the price down lower for longer than it should have been. We are now seeing price begin to lift up, as you can't artificially suppress prices forever.

So, in my view, you just made a good investment.
 
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