So what is THE most liquid Au & Ag?
Weiss
Posts: 9,941 ✭✭✭✭✭
SilverEagle92's post to the youtube video and our responses got me thinking:
Of all of the (relatively) common physical choices--any mfg, any size bar, any purity, any coin in any slab from any country from any time period, any round, any shot, whatever.
What would you say is THE most liquid form of gold and THE most liquid form of silver. The form least likely to be questioned by your local market (within 100 miles of you?), that would be discounted the least and possibly even bought at a premium relative to spot. Just physical, no paper assets.
Let's say under current economic circumstances.
Thinking about the answer actually made me go "huh".
Honestly, I think 90% pre-65 US coins are the most liquid silver, and probably classic US gold, or maybe gold eagles, would be the answer for gold.
Agree or disagree, extra credit for why.
Of all of the (relatively) common physical choices--any mfg, any size bar, any purity, any coin in any slab from any country from any time period, any round, any shot, whatever.
What would you say is THE most liquid form of gold and THE most liquid form of silver. The form least likely to be questioned by your local market (within 100 miles of you?), that would be discounted the least and possibly even bought at a premium relative to spot. Just physical, no paper assets.
Let's say under current economic circumstances.
Thinking about the answer actually made me go "huh".
Honestly, I think 90% pre-65 US coins are the most liquid silver, and probably classic US gold, or maybe gold eagles, would be the answer for gold.
Agree or disagree, extra credit for why.
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
0
Comments
Of course in the SHTF scenerio, food or durable goods will be the barter currency with silver right behind.
--Severian the Lame
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
<< <i>silver eagles and gold eagles/maples/krugs >>
Include .900 pre 1965 silver coins and I totally agree.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The single most liquid silver, the single most liquid gold--unless maple leafs, K-rands, and eagles trade at the exact same level in your local.
--Severian the Lame
<< <i>You guys are cheating!
The single most liquid silver, the single most liquid gold--unless maple leafs, K-rands, and eagles trade at the exact same level in your local. >>
Is there such a thing? I don't think so.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
<< <i>American eagles, no question. >>
<< <i>I don't understand why you feel these are more liquid than any other well known bullion. They are all equal to most. >>
The question was MOST liquid, even though THE was actually capitalized.
I take into consideration all of my non-collecting friends (which are most of them) and they would first choose American Government Issued Bullion as the bullion of choice if I were to sell to THEM.
That is where I come up with my answer.
Fred, Las Vegas, NV
do you mean liquid as sell for cash or use for barter/trade?
<< <i>wasn't this question asked before or a few times a year?
do you mean liquid as sell for cash or use for barter/trade? >>
liq⋅uid
in cash or readily convertible into cash without significant loss of principal: liquid assets.
--Severian the Lame