What would you do with $800

Discussion in 'Bullion Investing' started by hemi1500, Jun 3, 2013.

  1. hemi1500

    hemi1500 Member

    Just like the title says,,"What would you do with $800" pertaining to PM purchases
     
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  3. Danr

    Danr Numismatist

    get a little more and buy the lowest mintage gold unc spouse currently available from the mint (this will be far and away the best advice you get in this thread).
     
  4. bkozak33

    bkozak33 Collector

    I wouldn't spend it on PM's that's for sure.
     
  5. bkozak33

    bkozak33 Collector

    Why from the mint? They are cheaper on Ebay
     
  6. hemi1500

    hemi1500 Member

    Thank you but my post is for monies saved or "to" be saved for said items...would would you do, since you mentioned something else?
     
  7. gunnovice09

    gunnovice09 Nothing

    Do guns count as PM?
     
  8. bkozak33

    bkozak33 Collector

    I would buy a couple Indian Cents that I need for my collection. If I had to buy some PMs I would buy some Older foreign gold. There are some beautiful designs
     
  9. hemi1500

    hemi1500 Member

    I was not thinking of that but i can say yes!!
     
  10. hemi1500

    hemi1500 Member

    I guess i hijacked my own thread :) oops!!
     
  11. coppermania

    coppermania Numistatist

    Worth a chuckle but I wouldn't put them in the category. Guns are no doubt being made wall to wall around the clock and in essence able to be printed like cash, keeping the values down. Similar to when the price of corn goes up all the farmers plant it in the ditch till they crash their own prices with a glut on the market. Own some, yes definitely, buy them now at the top, no. The play on guns was just before the last election cycle.

    I would put the 800 in silver such as two generic ten oz bars and some 90% or whatever you can get for close to spot/ no eagles at 8 bucks over or other premium weight. Then sit tight till something you want comes along then you'll have no prob selling the weight to buy something worth waiting for. It's at what 22.50 right now? Was at 45 a few years back and nothing has changed in the world, so it can only go up from these levels IMO. No expert, but nobody I know is nevouse about holding metals right now. Up or down who knows it just boils down to taking a position at some point and take your chances like the rest of us. Find your comfort number, of where you can handle losing and not get bummed. Reach it, then find some other investment vehicle from there.

    Matt
     
  12. I'd pay my mortgage.
     
  13. Tyler

    Tyler Active Member

    30 oz of silver.
     
  14. yakpoo

    yakpoo Member

    ...buy the next First Spouse coin!

    [​IMG]
     
  15. Danr

    Danr Numismatist

    Look carefully -I did not say buy it from the mint (though I would)
     
  16. bkozak33

    bkozak33 Collector

    which one is the lowest mintage
     
  17. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    I'd pay log potato's mortgage too.
     
  18. yakpoo

    yakpoo Member

    The eBay coins have been picked over. The best way to buy First Spouse Coins (imo) is to order as many as you can afford the very minute they go on sale, keep the best one, and return the rest.
     
  19. awwatchdog1

    awwatchdog1 Member

  20. xGAJx

    xGAJx Happy

    I wouldy buy a dansco 7070 album, and put in some gold dollars and 2 1/2 dollar coins in MS and ofcourse add al my other coins that go to the Dansco.
     
  21. jello

    jello Not Expert★NormL®

    I would find low mintage silver coin while it down or Gold coins that are low mintage.
     
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