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Silver or gold?
I bought 528 ounces of silver this year, i have another 2000 to buy with.
Now i was thinking of buying 2 maple leaf .99999 gold coins or do you think i am better off buying silver maple leafs instead.. which is the better investment. |
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GOLD!
You have plenty of silver. I'm still waiting to pull the trigger on the 08 99.999 maples myself. |
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There is a guy on ebay he has to 07 and 08 male leaf 5 9 i like the look of the 2007 better.
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Gold is easier to buy at $600 or even $800 than it will be at $1000 or $1200 or $1600.............when silver goes to $20 or $30 you can STILL afford that but you might not be able to afford gold. They disagree - but my gold coins tell me I am right - and I still have plenty of silver! (More than I can lift and run with if I need to!) |
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I bought all my silver this year at around 17 then it goes to 20 then dropped to 12.
Gold seems better! |
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lighter to carry anyway. you have a good stack of silver, gold is a good choice to compliment the silver.
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http://silverblogspot.blogspot.com/2...too-bulky.html |
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NOW - what if you have to move suddenly for ANY reason?? Ever lifted 500 ounces of silver??? Many can not lift it and, even those that can, many can not carry it too far.......a few yards at most........... But that same amount of silver translates to 8-10 ounces (depending on the gold:silver ratio) of gold.......... If I had to bug out - I would have to grab my gold and platinum, and leave most of my silver........so its not too bulky unless you are on the move..........try carrying a cubic foot of silver.......... |
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silver price drops down way to much if there was a real shortage it shoud be sky high. Instead it dropped to day to 11.56 :rant::rant:
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It is best to not have all your eggs in one nest... isn't that the saying? |
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50 ounces of silver to each ounce of gold - like the PROs at Central Fund Of Canada - who hold in PHYSICAL too!
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My only concern with platinum is that, I see it as a great metal for people who have a lot of money and already have their gold and silver........but if TSHTF most people will not know what it is or worth, and few will have the money to buy it, its not very good as a means of exchange for foods or necessities........so its a great store of value in a small coin, but I sold half of mine (when it hit a high of $2000) and moved it (in essence my original investment) into gold and what I have in platinum now is gravy. |
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And, as I said, maybe you could - but few others could for long.......older people, women, etc. Its just too damn heavy for more than a few yards, especially with other things with it! Easier to carry a few rolls of silver and the rest in gold. |
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For me.....GOLD.
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i like to buy silver too , but i also buy gold in 1oz , 100 of silver 1 oz of gold
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in this drop i did add some more gold
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Platinum if you're feeling adventurous. That metal has been forgotten. Relative to gold, it's quite cheap.
I'd buy gold. This smackdown shows us just how much less downside risk gold has. Gold peaked at $1034 this year. Silver was over $21. Silver is now $10.80. That's practically a 50% loss. Gold would have to head to about $515 to match silver's fall from grace. And if gold goes to $515, I will eat my keyboard on a webcam. |
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Divide the gold price by the silver price. That ratio swings from 45 up toward 100. When it's low you want to buy gold. When it's high you want to buy silver. Right now it's around 70, which is near the middle of the swing, so it might go either way. (There is no theory to predict which way it might go.) You could put half your money into each, or if you think it will go up some more you could put it all into gold. (See the example below.)
So some time later you are looking at 100:1 ratio. Then you refigure using the prices you would actually get for selling or pay to buy. Remember to deduct fees if you deal on Ebay. Example: Right now the spot ratio is 70. If you sell gold you will get $750, if you buy silver you will pay about $18. So your ratio for that exchange is 41.67. Even though the spot ratio looks tempting, your actual ratio tells you to buy more gold, not silver. 600 years of gold/silver ratio |
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If anyone here has 500 lbs of silver, I sure hope they just aren't storing all of it under their bed.
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The ratio is a good thing to watch, but keep in mind that you pay huge premiums on silver when the Au:Ag ratio is high, as it is now, and may see much lower premiums when you try to sell it later on. Gold premiums fluctuate less, which will dilute the gains you make playing the ratio.
I'd buy silver now if I could find it cheaply -- palladium seems a good bet, too -- but gold looks as near a sure-thing two-bagger as I have ever seen. It will be well over $1500 at some point in the next few years. |
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Yes, people forget that in the worst case scenario, they're not going to be able to pack their stuff in a car and move, where's the gasoline going to come from? The US imports most of its oil and gasoline, if foreign countries stop accepting the dollar, there will be no gasoline to fuel your car, at that point, good luck with silver. Even 30lbs becomes very heavy after a few miles, and if you live in a city, it's a lot harder to hide hundreds of ounces of silver than a few ounces of gold.
The reason silver is so much cheaper is that it's still not considered money by the big boys who matter. Look at the stats for central bank reserves. I see gold in those reserves, but I never see silver being reported as part of a central bank's reserves. International trade will be done in gold, making gold more valuable as imports will have to be paid for in gold. It's impractical for big importers/exporters to use silver. Think of how much silver Walmart will have to ship to China to purchase a 40 foot container load of T-shirts. Shipping heavy stuff costs more money, no one will want to do long distance business in silver when they can do it in gold instead. That creates a permanent premium for gold over silver. If someone says, it's your responsibility to get to me $1000 in gold or silver as payment, what would you do, ship about 80 oz of silver or send him a little more than 1.3 oz of gold? And if you're on the other side, wouldn't you prefer gold because now you can pay someone else with gold instead of receiving silver which will be expensive to ship or a hassle to carry if you have to pay someone? Hell, you might even demand that someone pay more if they want to pay in silver, or give a discount for gold because it'll save you trouble and hassle later on. So you see, there are many reasons why gold is money, but silver only maybe is money. |
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Try buying bread with gold & getting change.
The smallest size of gold coin is what? 1/20... today that is valued at what $38... How many people have 1/20 gold coins? Your best bet is to hold both; Keep silver for small purchases & gold for large. |
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I agree with you except on one point..PLATINUM....i will not own it,why? well i guess i would purely for a planned investment, but as bug out cash? never...try and convince someone its not silver for one, two j6p barely can grasp the value of gold or silver let alone platinum. |
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Get some Gold and pick up the change in silver.
T |
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I think palladium holds more potential that gold longer term, fusion , water purifaction ect. Get two pallladiums and one gold.
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Buying silver now feels like your trying to catch a falling knife. I'll know in a couple weeks if I can still type. 65GT350 |
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