Monday, January 03, 2005

To buy, or not to buy...

Silver is finally at a point where I can buy it for less than $7.00 per 1 oz. round (not talking US Silver Eagles; silver rounds @ .999 purity). The question now, is should I? The Wife and I are thinking of purchasing the house we're renting now, within the next few months, and since we don't have piles of cash laying around, closing costs might eat us up come settlement time.

I've considered buying a modest amount ($100-$200), instead of the $500 plus I had originally planned on. I probably should just do it, instead of sitting here thinking about it...the Republic isn't getting any more stable.