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Added a comment in Fly American Silver Eagles, Fly
about 9 years ago
I must disagree with this statement:
[quote]...silver and gold bullion doesn't necessarily keep going up in value. So, investors need to view buying gold and silver bullion as if it is gambling.[/quote]
If you are referring to the rigged paper gold & silver markets, and someone is trying to make a quick buck buying and selling bullion depending on short-term swings in the gold price, then I agree, you are gambling.
However, if you are [i]INVESTING[/i] then you shouldn't care about short-term gains or losses. Investors in bullion & numismatics are in it for the long-term. We know that the eventual end of fiat money will push the value of our coins into the stratosphere.
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