What do you consider the "sweet spot" for metals pricing, saving or transacting?
jmski52
Posts: 22,858 ✭✭✭✭✭
If you thought about the most desireable size of a silver coin, based on current silver prices - what size (or price) represents the sweet spot for you?
Same Question with respect to gold - what size coin or what price represents the "sweet spot" that is the most convenient to buy or sell, or to use as a savings vehicle?
Example - D.Carr makes a 1/20th oz silver round that contains approx. $1.00 worth of silver. I don't consider that size very useful or practical for buying, selling, savings, or transacting. What is the best size for these uses - for both silver and gold?
Same Question with respect to gold - what size coin or what price represents the "sweet spot" that is the most convenient to buy or sell, or to use as a savings vehicle?
Example - D.Carr makes a 1/20th oz silver round that contains approx. $1.00 worth of silver. I don't consider that size very useful or practical for buying, selling, savings, or transacting. What is the best size for these uses - for both silver and gold?
Q: Are You Printing Money? Bernanke: Not Literally
I knew it would happen.
I knew it would happen.
0
Comments
<< <i>If you thought about the most desireable size of a silver coin, based on current silver prices - what size (or price) represents the sweet spot for you?
Same Question with respect to gold - what size coin or what price represents the "sweet spot" that is the most convenient to buy or sell, or to use as a savings vehicle?
Example - D.Carr makes a 1/20th oz silver round that contains approx. $1.00 worth of silver. I don't consider that size very useful or practical for buying, selling, savings, or transacting. What is the best size for these uses - for both silver and gold? >>
Coins/rounds---1 oz
Bars---10 oz
Makes the math easier.
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
quarter oz. AGEs
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
For silver mostly 90% half dollars so coins mainly. I'll accumulate ASE's but I won't pay a premium for them . With bars I think 10 oz or 1 kilo is the only size worth looking at. Smaller bars are silly and larger bars are illiquid.
For gold coins again but only fractional sized from 2 peso on the low end to 20 francs on the upper end. I also like big fat 14k wedding bands
No interest whatsoever in gold bars or large gold coins , slabbed or proof of any sort.
For silver, I like the pucks. The pucks are possibly collectible (we'll see) they offer a nice size for transacting, not too hard to find, not too expensive, they stack nicely and...none of mine have developed any spots. Some premium attached at buying and you'll likely not get that back at your B&M. I've been getting mine at the mint and I could probably do a lot better on the purchase side of these but I'm lazy.
Other than that, I'm still loving vf+ walkers for stash bait.
Party ON!
Gold, small stuff unfortunately (premiums): 1/10 1/4. Although I think my next yellows will be halfs or 50pesos.
<< <i>I'm a big fan of 90% halfs. Those and 1oz rds are probably the bulk of my silver.
Gold, small stuff unfortunately (premiums): 1/10 1/4. Although I think my next yellows will be halfs or 50pesos. >>
50 pesos?
Mexican gold hockey pucks.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
But who doesn't like variety and a sweet spot deal may mean $ or a piece you really like.
Gold: Not really enough to list and haven't purchased any in years. During the last run I did not sell any of the Gold, oh well, what can I say, my bad. Take care. jws
<< <i>
<< <i>I'm a big fan of 90% halfs. Those and 1oz rds are probably the bulk of my silver.
Gold, small stuff unfortunately (premiums): 1/10 1/4. Although I think my next yellows will be halfs or 50pesos. >>
50 pesos?
Mexican gold hockey pucks. >>
Ha, yeah! I just want one for the pirate chest, practicality be damned.
Knowledge is the enemy of fear
A few years back I went to heritage and unloaded 30k in silver and gold, I wanted cash but did not get it. The bank was out the door and a short walk to the next block.
I buy with cash and like to be paid with cash on collectibles. I even prefer my paychecks in cash, cringe when I get a lot of checks from the renters some months.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"