So if I have $120kg of silver, just a guesstimate, then that's $380 grand. I remember when I made my first major purchase of 10 kg. It was $6.50/oz then, so $2,000 it cost about. Then followed bags and bags of aussie 1966 silver rounds, 3 to an ounce. Beautiful coins. The price doubled at one point, around 2005, to $500 a kg and I sold 4 bars to help fund a telescope, within a week the price was falling and I got a reputation with the dealer as a top picker lol. Then in 2007 it began to fall precipitously and lost about 50%, that was the GFC, we silverbugs were a little alarmed, but it came right back and look at it today, $50 aussie, amazing gains.
I was more interested in Gold in the early days though, that was $550 an ounce, $5000 now
I thought to sell an ounce some months back but got rebuffed by the coin dealer I had been buying off of for decades (his son actually), the spread is too narrow for them now. Now we sell to the bullion traders, but I'm glad I didn't sell the coin, it was just a whim anyway. Probably would have wasted it on some Breitling or other novelty. I would sort of like a Grand Seiko, but I'm over Automatics, most of my collection is highend ecodrives, Tool watches, Alticrons and chronographs and the like. Nothing like having a compass and barometric altimeter on your wrist, one you never need wind or replace a battery in.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.