The good news is that the market seems to have leveled off a bit recently .That’s what people said about mars last 3 years ago..,.crazy how high some of these are now.
we all have to consider inflation as a part of investment strategy. Just because someone paid 600 for a penny x metal today doesnt mean its the same value 2 years from now. Its not that xmetals in general are going up, the value of the dollar is going down. Its really all relative.The analogies with stocks seems pretty accurate -- A lot of time with stocks you buy and you hold (unless you're a day trader).
Will I break even selling off my X-Metals? Probably not. On the other hand, it's still a pretty hefty chunk of change if push comes to shove and it's something to enjoy in the meantime.
Wow, you really feel that way huh? I have probably close to 10lbs of silver socked away in the hopes that it will someday be $50 or $60/oz..Speaking of investments a little off-topic: I don't care what WallSteetSilver says, silver will never shoot to the moon, I don't see silver as an investment anymore, not even as wealth preservation. I've actually lost money with it so I'm an inch away from selling a few silver eagles to supplement for a pair of X-squared or X Metal XX. I'll rather take what I “invested” in silver precious metal, and buy and enjoy another X-Metal.