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Old 03-19-2020, 09:00 AM   #27 (permalink)
redpoint5
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Quote:
Originally Posted by oil pan 4 View Post
Buying a few ounces isn't hoarding. The institutions that buy thousands and tends of thousands of ounces in hopes of taking advantage of minor price fluctuations are hoarding.
Silver is also down to maybe a 5 year low.
Hoarding- a stock or store of money or valued objects, typically one that is secret or carefully guarded.

My point is that an investment should do something to grow the economy by being utilized by others, not just sit idle in a safe somewhere. The quantity wasn't what I have an issue with.
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