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- - Gold or Silver today? (http://goldismoney.info/forums/showthread.php?t=424701)

Murphy's Law | 11-17-2009 08:56 AM
Gold or Silver today? What would you buy with your FRNs today?

WilliamC | 11-17-2009 10:15 AM
Re: Gold or Silver today? Have to go with Silver. Gold is at record highs and hasn't had a correction in a couple of weeks, it's due for one. Silver is finally well above $18/oz but still very undervalued. Best get rid of them FRNs while you still can ;)

OutlawJoseyWalesJr | 11-17-2009 11:15 AM
Re: Gold or Silver today? I voted for both..................nibble on gold and concentrate on silver at these current prices.

Murphy's Law | 11-17-2009 11:16 AM
Re: Gold or Silver today? Thanks William. You and I seem to be thinking along the same lines this morning. It must be scary for you. :biggrin:

Sparky | 11-17-2009 11:29 AM
Re: Gold or Silver today? Prices seem to be lofty here, so the decision to buy would depend on what you have. If you are adding to a healthy accumulation I'd wait. If you are a beginner, yeah buy a little cuz you don't want to have none if the plug gets pulled. Having said that, I'm always in the "both" camp. There are good reasons for owning each, so why wouldn't you want both?

moreair | 11-17-2009 12:34 PM
Re: Gold or Silver today? I am buying silver for a long term investment. It will go up over the next ten - twenty years. Even if it doesn't, it will still beat inflation.

j-son | 11-17-2009 02:11 PM
Re: Gold or Silver today? people that paid >$25 per ounce in 1980 are still losing on their silver investment 30 years later. Stick with gold since it's a winner.

HistoryStudent | 11-17-2009 03:15 PM
Re: Gold or Silver today? Heck PEOPLE that bought over $18.00 (LAST YEAR!) just want to get even; after they work DUMP their way through that we'll see a NEW $25 ish high. Then a park; then a $50 run to the MOON; then a park; then a GALAXY shot depending upon all the TRILLIONS & TRILLIONS made then - not the 5 trillion NOW coming for Health - THEN the 20 to 50 Trillion. France 1790 to 1797 Germany 1920 to 1924 RHYME! :36_1_28::Surrender: watch the ratios

moreair | 11-17-2009 03:48 PM
Re: Gold or Silver today? Quote:
Originally Posted by j-son (Post 2030146) people that paid >$25 per ounce in 1980 are still losing on their silver investment 30 years later. Stick with gold since it's a winner.
Ouch. Okay, if this happens to me, then I will cda when it drops. This way it will not hurt so bad.

oldmansmith | 11-17-2009 04:05 PM
Re: Gold or Silver today? Quote:
Originally Posted by Sparky (Post 2029915) Prices seem to be lofty here, so the decision to buy would depend on what you have. If you are adding to a healthy accumulation I'd wait. If you are a beginner, yeah buy a little cuz you don't want to have none if the plug gets pulled. Having said that, I'm always in the "both" camp. There are good reasons for owning each, so why wouldn't you want both?
Geat post. If you have no PMs, buy some ASAP, but don't spend your last dime! But if, like me, you already have some, wait for a pullback and hope it comes.

hydro | 11-17-2009 04:53 PM
Re: Gold or Silver today? Okay, I voted "Other". Don't get me wrong, I am always adding to my silver stack..... BUT PLATINUM....It has gotten a kick in the pants lately. :9536: I have not seen much at the dealers, but I always keep enough FRNs to pick up fractionals when I come across them at a reasonable price! I never have enough for a full ounce, but even the small ones add up after awhile.

yukoncornelius | 11-17-2009 05:19 PM
Re: Gold or Silver today? I voted gold. Probably because I picked some up yesterday and I'm tryng to convince myself I made the right move. :confused_m:

StackerKen | 11-17-2009 07:59 PM
Re: Gold or Silver today? Quote:
Originally Posted by OutlawJoseyWalesJr (Post 2029898) I voted for both..................nibble on gold and concentrate on silver at these current prices.
Mee tooo. Im mostly silver most of the time. (cause Im not rich) But I like to get a little bit of gold each time too. but then i go boating again of course :banghead:

OutlawJoseyWalesJr | 11-17-2009 08:06 PM
Re: Gold or Silver today? Quote:
Originally Posted by traderken (Post 2030636) Mee tooo. Im mostly silver most of the time. (cause Im not rich) But I like to get a little bit of gold each time too. but then i go boating again of course :banghead:
Yeah but be careful and do not let a body of water "take possession" of your PM's and your boat. I lost track of how many GIMers were victims of "boating accidents". The number of "boating accident" victims on GIM seem to increase by the day. :111:

silvertooth | 11-17-2009 09:51 PM
Re: Gold or Silver today? Just got my shipment of GIM rounds, SAE's and a Gold Buffalo so I picked gold and silver.:emotions16: BTW, those GIM rounds (got both types) are really nice.:clap2:

mightymanx | 11-17-2009 10:49 PM
Re: Gold or Silver today? I picked gold due to my stack having a heavy silver bias already.

CAVU | 11-18-2009 12:00 AM
Re: Gold or Silver today? Quote:
Originally Posted by j-son (Post 2030146) people that paid >$25 per ounce in 1980 are still losing on their silver investment 30 years later. Stick with gold since it's a winner.
People that paid $4 per ounce in 1992 are doing pretty good on thier silver investment 17 years later. Those poor people that paid 25 plus in 80 could of still dollar cost averaged past 30 years and today still be way ahead at todays current prices.

SilverCity | 11-18-2009 12:16 AM
Re: Gold or Silver today? Assuming you owned none, I would buy both... If you already own both, I would still say buy both... Gold/silver allocation: 75/25

Peter Robbins | 11-18-2009 12:41 AM
Re: Gold or Silver today? Sold my old pickup truck today. Without a doubt some of its going into PM's. Think Im buying a little of each (including pd). Of course, deal was supposed to go down a few weeks ago, and have watched prices steadily rise since.

Master_Ho | 11-18-2009 01:22 AM
Re: Gold or Silver today? Quote:
Originally Posted by SilverCity (Post 2031037) Assuming you owned none, I would buy both... If you already own both, I would still say buy both... Gold/silver allocation: 75/25
BRAVO!!!! :clap2: Wait - is that 75-25 split in ounces or cash value? :504:

Knight Rider | 11-18-2009 10:06 AM
Re: Gold or Silver today? Was about to place an order for around 50oz silver and 1.1oz gold, but the damn price keeps going up. Grr!

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