I a novice investor, but i know enough to know that if Warren Buffet is investing in silver then i should be ! Has anyone got any idears of how i can invest directly in silver over the medium to long term? Its value looks very compelling still.
JoeRob..........here is my experiance with silver. Back in the 70s I bought some in the form of "junk coins" [circulated pre-1964 dimes, quarters, halfs and dollars] It's the fastest and easiest way for the little guy to get into gold or silver. Plus there's no paperwork beyond a cash register reciept. I never made any money because I got in late. It's probably too late again if WEB purchases are common knowledge. FYI, it was the Russians that killed the metals market last time. They aren't too worried about EPA regulations, workers rights ect ect. They go in quick and dirty and are a low cost producer.Best of luck Joe Rob,BoBo
Don't buy silver because Buffet bought silver. He may have bought it as a hedge against other investments he holds. He may have bought it because he can make money off it that you can't (by lending it to short-sellers, and such). He may have bought at a price much lower than you'd get because of *when* he bought, or even how much. He may have sold it already. His time window may differ substantially from yours. He may lack the opportunities you have, etc.
You and only you have to determine which investments make sense for you, your life, your goals, and your portfolio.