Buying physical gold & silver. Advice please.

[BurgundyParticipant 1525]

Just remember the mined ratio between Silver and Gold is something like 1 to 9, so either the price of Gold is too high, or the Price of Silver is too low.

Just don’t buy them for “doing the big gaing!”, it’s more like an extra safety line, when s~~~ hits the fan, and most currencies goes bust/defaults.

[AntaresParticipant 208]

Won'tGetFooledAgain wrote:

he 1oz bars are slightly cheaper than the 1oz coins but I understand the coins have the chance of going up more if they are a rare design?

Don’t buy precious metal coins because of their “collect-ability” because that’s arbitrary. In that case buy something that is rare for its current collectable value. Coins have a margin over what their metal is actually worth, and I believe the American Gold Eagle has the highest mark-up. On the plus size these are easier to deal with, have a lower chance of counterfeit and are well known. Canadian Maple Leafs are another common choice.

Like Tower says, it’s better to think of them based on scrap value. If things get tough, the metal always holds value, the pretty shape it’s in may not. I only buy bars, partially because they’re more bad ass. I use APMEX.

Gold vs silver is always a hard thing to puzzle out, but the fact that gold is currently over platinum makes me think it’s high right now. I wouldn’t worry about it though, since gold will be the first to shoot right back up when the economy tanks.

Price is what you pay, value is what you get. -- Ben Graham

[sequoiaParticipant 467]

Here in England we are allowed to put in £15,240 per year in a trading ISA,any profits made are totally tax free,that is share trading.

If you want to buy stamps then buy the rare ones or in blocks of 5 or6 penny blacks.

Yes property is a good investment,but this thread is about other,if all else fails ?

 

Was cut and carried for a dozen years so therefore, twelve years a slave

[Klaus WindamierParticipant 543]

I think for a long-term investment, golds, silvers, platinums, and all gemstones (Sapphires, Emeralds, BUT NOT DIAMOND) is a good way as long as we live in economical systems like we are today.

I too having some golds just in case because its universal values.

But, do this only if you are having spare money for investment and dont do this if you are putting all your stakes on it.

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