are you with me?

I know that silver stacking is good as a long term investment. But due to the volatility of its manipulated price, I am done with it. No more silver stacking for me. I do still collect different bullion coins though (two coins each for ASE, Maple, Libertads, Britania, Philharmonic, Koala, Kookaburra, Lunar, and Panda) for collection purpose.
So, I am thinking of using the 'silver' money for switching to the yellow metal instead - say 10gram of Suisse/PAMP or Pert or 1/4 AGE or Maples monthly. I don't know why but I do feel 'safer' or 'peaceful' with the yellow metals. What do you think?

 

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I think it is a good decision.

 

I am not with you! Gooo silver *\o/*

 

Every investment has risks. Do whatever it takes to make you sleep better at night I say.

 

and

Thank you!
​

 

I've said before that gold is for investors, silver is for speculators.

 

You misspelled spectaculars.

 

Not sure if you are collecting gold bullion as you continue to do with silver bullion, investing only in gold or both, but if you are switching to gold, I'd suggest saving your monthly purchasing money and rather than buying 10 gram bars or 1/4th oz. coins, to save up and ever 3-4 months, buy 1 oz. gold coins or 1 oz. gold bars instead. There is a much greater mark up on the smaller coins so you end up paying more per oz, plus the 1 oz. bullion pieces tend to be easier to resell later.

 

You are right in almost every sense when it comes to gold coins, such as AGE or Maples or Panda. But I recently noticed that Suisse/PAMP/Perth bars in 5 or 10 gram bars has relatively small premiums in comparison to fractional gold coins and the premium for these bars are pretty reasonable. When I checked the resale value between the fractional coins and the bars, it seems that I would have lost too much premium on the coins whereas not so much on the bars. So, I decided to buy a 10gram Perth with the lowest premium ($24 over spot) yesterday. I am not sure if I made the right move, but I guess time will tell.
Another thing that made me hesitant of saving every 3 to 4 months to buy 1 oz gold coin is that I would never know whether the price is gonna be up, leveled, or down. That's why I decided to buy what I can afford monthly as long as I am happy with the price and the premium.
Of course, I would love to have the 1 oz gold coin ... but I don't earn a fortune and have some college loan that need to be repaid first before doing any investment ... having said that, hope I will have one of those in near future!
I guess my main reason for buying gold is not really for investment - but more for preservation.

 

I'm sorry but I whole heartily disagree. I have family in the gold business and I am 100% gung hoe silver and always will be. Your computer, T.V. screen, Solar Panels, and medical equipment all have silver in them. Just look at anyone my age (28) and younger and you will see they prefer silver over gold jewelry (14% of the Silver Market). The manipulation that is going on is in the paper market. Why has JPM been shorting billions of dollars in the silver paper market? Because SOMONE is loading up on physical silver. Don't let a 4 dollar slip fool you. Silver will be 100+ per oz in the next 15 years. JMHO.

 

I would stay away from the 10gram gold and stick with widely recognized coins such as the AGE.

 

I don't have over 1000 oz of silver but close to 500oz. But I have no gold bullion at the moment other than a few numismatic slabbed gold coins. So, other than fed up seeing that silver price is almost not increased at all this year, I guess I want to diversify my portfolio.

Gosh, 15 years is a bit long, isn't it???

 

I know I should get the 1 oz AGE or Maples, just like what Krispy suggested. What because of spending money constraint and the lower premium for the bars, I think that is a better choice for me at present ... Btw, I see no reason for not buying the bars from Suisse/PAMP/Perth since both Provident and Gainesville buy or sell them at reasonable premium or resale price. Could you elaborate more why I should not opt this 10g bar? Thanks

 

Well of course I am just speculating and I agree with you on diversifying.. But historic trends show that Silver has a ratio of 1:16 to gold. Right now there is a false bubble going on. Gold has been marketed, marketed, marketed "GOLD GOLD GOLD." At the same time more silver has been shorted to the point where there is a higher short than all the physical silver in the world. With this being said I am surprised that Silver is even holding around the 30 dollar level. The current ratio of silver to gold is 1:50. If we take the historical trends of the last 100 years and even go conservative at a ratio of 1:25 silver to gold we would have prices of silver at around 48 an oz, and 1200 for gold. The ones who are going to knock it out of the park are the ones who loaded up on gold in 2008, and are now selling and putting a lot of that into physical silver. I missed that boat, but I am confident enough to load up on physical silver. If I see one more hint of a price drop in gold, I would even consider shorting gold for a short period of time, but that is beside the point. If there is an economic collapse do you really think people will be willing to buy gold for 1500 an oz? JMHO

~Jason


Final prediction = Gold 1200 p Oz, and Silver at close to 50 by the year 2016.

 

I agree...I was just watching a YouTube video of a guy grinding down a silver bullion bar he bought on eBay...it was silver plated bronze. I wouldn't be surprised if there's some monkey business going on with fake gold bullion, also.

 

Even for the Suisse/PAMP/Perth certified bars???

 

Gold or silver? Platinum looks good right now. TC

 

Interesting analysis - I'll definitely keep that in mind!
Just being a devil advocate, some experts also predicted that Gold is suppressed. The price should definitely be much higher than it is now. What's your take on this one assuming that they were right?

 

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