King Midas I Am Not

Posted: November 14, 2013 in Uncategorized

My sources of income are pretty slim. One of the only ways I can make money is if I run an errand for my parents, and they will pay me for that. I also received some money when I was very young – my grandmother sent me lots for birthdays and Christmas. And then I got a little bit of money when I lost teeth, but that’s about it. Yup, I don’t have too many sources of income, but why would a 12-year-old need a lot of money?DSCF0725

That’s what I was thinking. I had saved up about four hundred dollars. I didn’t know what to do with all this money (it really isn’t that much, as you know, but to me of course it seems like a lot). My parents advised me to buy silver. Since I didn’t have anything else to do with it, I bought two very shiny one ounce coins. Actually, if I had had something else to do with my money, I probably would have bought the silver anyway. I think it is a good thing to buy.

Now that I have two coins, I check the price of silver every day to see if it has gone up or down. I wish it would go up, because then I could sell one of the coins and make a small profit, but I also wish it would go down, because I then I could buy more silver. I want to buy some more silver very soon – maybe in a few days, because the price is down low. Right now as I’m writing, the price is $20.77 per Troy ounce of silver.

King Midas I am not, but exchanging some of my valueless paper money for silver is very satisfying.

by John

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