The World According To Bob: Buy A Horse While There's Still Time

[Sir Jessy of Anti]

One thing Paul, classical bull market cycles typically last 18-20 years.  We are only in year 11 of this one. 

[Russ2d]

Any advice on reputable firms and funds to invest in?

And who and what to avoid?

Is buying silver funds safe? Or should you take delivery?

[Sir Jessy of Anti]

I would take delivery.  My current holdings are Sprott, GPR.to, and LSG.to. Previously I held FR.to (at 3.50 .  At some point I feel you will not be able to take delivery of physical silver (at any price), so having physical holdings are a good idea.  However silver is also inherently volatile so watch the SPX.  The money value of silver vs. the industrial value is coming to the fore so that might mute the impact of a falling SPX, but in 3 out of 3 SPX declines in the last 11 years silver has declined 30-50% when it hit the long term trend line (as it just did).

You should go to some bullion dealers/coin stores and make friends with the owner.  Buy in cash off the books.  In addition some quality mining companies allow you to purchase right off their websites direct from their mine (eg. GPR - Great Panther).   Anyways my 2c but do your own due diligence.

Edit:  I avoid ETFs.

[outdoors]

  well silver today hit almost $41

gold is at an all time high and broke the record again the day before yesterday


damn-i wanna buy more silver but it is getting riskier at such a high price.

my prediction is $50 an ounce by the end of next week-depending on what the states decides to do today or tommorrow.