What would be your investment?
KUCH
Posts: 1,186
For investment purposes, store of wealth, hedge agaisnt inflation/hyperinflation, what of the following three would you purchase today?
1 oz. Gold?
1 oz. Platinum?
or
100 oz. Silver?
1 oz. Gold?
1 oz. Platinum?
or
100 oz. Silver?
0
Comments
<< <i>Silver >>
X2 (today.)
X3
Silver - tomorrow
but I would choose Silver because as of today it is the cheapest RELATIVE to the other two metals. So you have the greatest leverage of all three PM's.
The only reason I would buy gold or platinum is if I was buying a huge $$ amount and silver would be extremely difficult and/or expensive to store just because you have to buy so much more of it.
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Camelot
<< <i>A wonderful, 50,000 ounce bar of silver, would be nice. >>
T 7 That would be like having my own mine!
Interesting; 7 replies, 7 votes for silver. Tomorrow will buy the 100 oz bar.
<< <i>
<< <i>A wonderful, 50,000 ounce bar of silver, would be nice. >>
T 7 That would be like having my own mine!
Interesting; 7 replies, 7 votes for silver. Tomorrow will buy the 100 oz bar.
>>
1 oz. Platinum?
or
100 oz. Silver?
Yes, I would.
I knew it would happen.
100% Positive BST transactions
I buy silver as speculation for profit and I do sweat the price swings
I trade pm stocks and futures for income and I sweat all the time
MJ
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<< <i>I would buy silver in 1 ounce and 10 ounce versus 100 ounce bars, the coin shops and metal brokers in my area dont want the big bars too hard to resell to the average Joe. >>
problem with the 1 oz is all the extra in over spot by the time you get 100 total. So for "Investment" purpose buy in bulk. A 100 ouncer on the BST lasted about 14 hours or so yesterday
<< <i>
<< <i>I would buy silver in 1 ounce and 10 ounce versus 100 ounce bars, the coin shops and metal brokers in my area dont want the big bars too hard to resell to the average Joe. >>
problem with the 1 oz is all the extra in over spot by the time you get 100 total. So for "Investment" purpose buy in bulk. A 100 ouncer on the BST lasted about 14 hours or so yesterday >>
You need to look at the buy/sell spread it really isn't much more expensive since you get more than melt at the time of sale. Old Junk silver is about as cheap as you can buy bullion so that's a good option too.