Silver or Gold?

Silver for me.

 

Log in or Sign up to hide this ad.

i got one for you too, i was there with my mother and grandmother. my mom was playing right near the top deck resturant and i walk up to her to see whats going on. im looking around and there is a credit on the quarter machine right next to her, i ask her if its hers and she said no, there was a lady playing with it just minutes ago. i take a quick 360 look around and hit the spin button for $650.

 

.....sorry, silver for me.

 

Tin foil hats are ok here.

I guess I wasn't very good with my initial question. Here's what I had in mind.

But to be clear, I do not have $10,000 nor did someone give it to me, it was just something I came up with the other day...so I'm not asking for "advice" in anyway....

You wake up one day, and there's $10,000 bucks on table. You can only invest it in silver or gold and you must do it in one shot at today's prices.

I wish I had said that from the start but that's what I had in mind....

 

Wake up and find 10K to invest right now all at once:

Silver.

A monster box of ASEs goes for a bit over 10k at current prices, I believe + s/h depending on your pick of dealers.

 

Wow there's a lot of faith in silver around here!!

 

If I can only pick one and not diversify, then silver, but I would purchase stocks of silver producers. I believe your intent is investing for profit. I would divide it among the top five producers.

 

LOL ok I really suck at this. No stocks allowed.

Must take physical delivery.....


There's no intent here, and there's no right or wrong answer.

$10K in one shot and must take physical delivery.


What I'm interested in are people's thought process regarding precious metals and how people would behave/react to a large sum of money....

How one negotiates with themselves as to what they feel is the better investment.

BTW: Before someone else finds another loophole, you have until 5PM to make sure your purchase or that $10K disappears...

 

Shall I point out another 'loop hole'?

Okay, so I played by your rules today and I made my choice of investment with the 10k going to silver.

Let's say I managed to take delivery of the silver today too. Can I sell it all immediately and diversify in physical PMs immediately (today) or diversify with a combination of stocks, funds, cash, physical PMs immediately? Can I sell it all next Monday or soon thereafter? Just because I bought today doesn't mean I have to hold it any longer than today. I fulfilled your request of which commodity of the two options that I would move to first.

I don't feel there's one answer for everyone in such an investment as goals and strategies differ widely. I don't think that the moment of purchase is the end of the trade/transaction or function of the investment. Certainly timing is key if you are able to get a great price, but most can't do that and loose time and opportunity and even value in cash waiting for the chance to come along.

 

That is an excellent question. If you've noticed earlier on, most of the responses were in the general area of silver short term, gold long term.

Silver for the next 3-5 years or so, gold 10 years....generally that....


I'd probably have to say that if you can then take your metals and resell them quickly for a profit and do whatever else you want with them on the same day, that should be entirely fair game.

Of course that's definitley not what I had in mind....

 

Krispy cracks me up!

 

OK, I would buy as many key date Franklin halves in MS 67 as I could get. If I could find a higher grade, I would buy that. The motto is, buy the best coin you can afford.

 

10k

I would split it half Gold & half silver.
I been investing that way since the late 1970's. I don't invest in stock or bond just silver & gold and some platinum

 

oh jello....did you read my initial question? 1st post of this thread....

 

Coffee had not kicked in yet!

My bad:kewl:
Then I pick silver
For 1 reason there not finding any new mines or site that contain the minerals that are normally found with silver

 

I would use half to buy silver bullion on what I think may be the right day and dollar cost average into silver bullion the remainder...$100 a week for the next 50 weeks.

Josh
SilverSaver by Mass Metal LLC

 

Silver!!! Upside is greater through industrial use with limited worldwide inventory.

 

The top five mines will doubling their production this year and triple next year.

 

Wow I hope they don't make them run out faster that way??then silver will go up to fast!

 

care to provide a link?