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Bullion Investing Discuss gold, silver, platinum and other metals sometimes formed into coins and sold as investments.

 
 
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Old 07-13-2009, 03:34 PM   #1 (permalink)
Keeper of Coins
 
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Join Date: Jan 2009
Location: Toronto, Ontario, Canada
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Oh boy, sweet little deal.

I just sold 20oz of silver for a nice premium at $16.50/oz. I want to invest that $330 in some silver and gold. Right now I could buy 23-26oz of silver (depending on premiums obviously), or 0.3588oz of gold with a 10 peso gold coin and half sovereign gold coin at spot. I can get these at my local shop. The gold would be a great buy...it's at spot, but does silver have more potential? I'm planning to hold onto the gold and silver long-term too.

It's so hard to judge the market, I know, but what would you do in my position?
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