Are you still buying PM's?

RobertS

Just curious, with all the uncertainty and if we are in fact headed towards a great depression, is it smart to continue to purchase Precious metals at current levels? I would think that everything would go down including precious metals if the market continues to slow down?

ksammut

I have been buying every week for the past few years and will continue doing so. PMs are a part of my overall investment portfolio but as time goes on, they are becoming more and more the most important part of my portfolio.

They will retain their value and probably increase in value when compared to many other investments.

pmcollectour

Just gold, but no bias against any other PM's.

secondrepublic

No. Although I do have my eye on a nice AU $10 Indian... which is sorta bullion, sorta not.

jmski52

Yes - all three.

Garneteye

Yep, I buy a little when I have "leftovers" of my weekly expense cash. I find that it's an effective way to save for my next large coin purchase. The money seems to vanish if I don't convert it into bullion, yet is convertable to cash when really needed if a "deal" shows up.

pragmaticgoat

not like I did several years ago, but still stackin slow and steady

ocon4008

yes

SilverBaron

Yes.

Pokermandude

Yup. Gold (and to a lesser extent, silver) is basically a short position on paper money. And we all know where fiat dollars are heading.

gsa1fan

yes

1970SilverArt

I have been concentrating on finding and buying rare 1-oz silver art bars that are on my silver art bar wish list. Any further drop in the spot silver price does not bother me.

PerryHall

Yes when a good deal comes along and it's something I'm interested in. I just started a set of the 5 oz ATB P-Mint specimen coins so I'll be buying at least 50 ozs of silver this year.

RobertS

If the economy gets worst, is it a fair assumption that precious metals will drop also?

TheBigB

<< <i>If the economy gets worst, is it a fair assumption that precious metals will drop also? >>



I think it depends on who it gets worse for.

OPA

Buying PM's that have some numismatic value attached. Probably will continue to do so, regardles. Stopped buying bullion about 6 month ago, but have been selling rounds & common silver bars for almost 1 year. Selling Gold is not in my immediate forecast, but if it should hit $1650, I'll consider it.

DrBuster

As long as I'm working I'm buying. The set schedule right now is the 2010 mint pucks that I'm doing. But I'm shooting for a monthly allotment once those are done at more spot-ty items. Not much by most folks standards here apparently, but whatever few hundred a pop I can do.

OnlyGoldIsMoney

Definitely yes. Still adding silver, standing pat with gold.

MoneyCollector

Its the proverbial "no brainer."

TwoSides2aCoin

Once a guy starts...
It's like an addiction.

Ciccio

Yes, mainly gold.
It's a fun and easy way to save some money since I am not good at saving cash.
When I need some cash, PM can be converted easily.

Weiss

I've backed way, way off for several reasons. My real estate project is coming to a head and I'm reluctant to allocate dollars to anything regardless of price for the next 60 days or so. Prices are high, selection is very limited, I'm pretty comfortable with what I have, and my dealer has been closed big chunks of the time lately for...a bridge tournament

Konahead

Yes

gecko109

Im a net seller thus far in 2011.

No plans to add before the fall either.

morgantype

I can't help it. It's too much fun.

I am buying with fun money!

edmundfitzgerald

GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!


Still buying !!!