are you with me?

Discussion in 'Bullion Investing' started by BioEtOH, Dec 30, 2011.

  1. BioEtOH

    BioEtOH Member

    I personally think not long at all ... a bit late in the game really. Currently, all my libs, brits, kooks, lunars and pandas are only dated back to 2009. I don't think I am going to collect all kooks or all pandas due to ... again ... financial constraint ;-) So far I am pretty content with my "world silver coin collection' theme from 2009 up to now. Most of my nearly 500oz bullions are either ASE, Maples, Philharmonic, or the Canadian Wild series. I think when my college loan is over by next July, I'll be able to spend ~2000 monthly on PMs. Right now, I am limited to ~500-600 due to the said loan. Then I will try to get the 1oz gold coins and more silver coins as people have suggested here.
     
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  3. BioEtOH

    BioEtOH Member

    I don't have one in the box - but I managed to get these below (my few gold numismatics). By the end of 2012, I am hoping to be able to snatch the 2009 UHR and the 1995-W proof ASE. Gosh, college loan is so annoying but I need to get rid of it quickly.

    6BuffalosAABb.jpg
     
  4. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    Have you looked at what kind of premium the 2009 kook, panda and ox are drawing? They're pretty strong, especially if you bought the ox in odd sizes, 1/2, 2 and 5 oz, or the kook in 2oz, the pandas are almost always very good property. You should check what they're selling for on apmex, ebay and other dealers. As I mentioned earlier, the ASE and maple are a "hope spot rises" propsition. The lunar, kook, panda are more about how many new collectors are coming into the market, or who didn't get them. While the 2 are related, I think you're better off with the more collectible or limited mintage items than the "we minted 40 million of them this year" ASE, or like items.

    Just my 2 cents, your results and opinions may vary....
     
  5. McBlzr

    McBlzr Sr Professional Collector

    BioETOH, did you buy your Buffalos already graded or did you submit them yourself ?
     
  6. BioEtOH

    BioEtOH Member

    I completely agree with you.

    Fyi, the 2009 ones are the most expensive ones for me to acquire and that's why I stopped there - not going earlier than that year - and they are all the regular 1 oz'er. All the silver ASE or maple bullions are merely for my wealth reservation, nothing fancy - and that's why I intend to start gold stacking as I started this thread.

    I really enjoy my world collection theme. In fact, I am actually doing it also for all the year proof coin sets from UK, Australia, Canada, Netherlands, and of course, the USA.
     
  7. BioEtOH

    BioEtOH Member

    Bought them all graded from all over the place - I do have some proof gold eagle, buffalo and platinum eagle coins starting from 2010, but I don't think I am gonna grade them. I don't wanna start the gold eagle or the platinum eagle PF70 set - this collection will cost me too much money in my opinion. On the other hand, the buffalo was only starting in 2006. So I decided to collect them as one of my numismatic sets in addition to the silver eagle proof and the silver eagle bullion sets from 1986.
     
  8. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    In the end, I think striking a comfortable balance is the key. Gold and silver are connected, and if you believe in one you should probably believe in the other, as a preservation of wealth.

    I know what you're going through, I came into this year owning a grand total of 1/4 oz of gold. I've increased my gold stack at a much faster pace, using dollars as the guage, than silver but found a balance that makes me 2nd guess myself a lot less often. It's your choice on how to proceed, but to me a balanced structure gives me much more peace of mind.
     
  9. BioEtOH

    BioEtOH Member

    Thanks for the advice - I still consider myself novice - so any advice is welcome!
     
  10. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    In the end, we're all novices. Just absorb the information, and keep at it.
     
  11. silverfool

    silverfool Active Member

    I go with adding gold. much easier to sleep at night and good solid investment with plenty of upside going forward. I have both and feel that way i can play both markets. if you go for smaller sizes look into the 10 or 20 peso coins and the brit sovs. well known coins and lower premium. easy to sell at whatever point you chose to and just more interesting than bars, to me anyway.
     
  12. yakpoo

    yakpoo Member


    Nice!!
     
  13. fatima

    fatima Junior Member

    Studying history reveals this really isn't the case. This ratio was always an artificial construct defined by government. In the USA the Coinage Act of 1792 set this ratio. It couldn't change no matter what.

    It has no bearing now because there is no longer any legal definition that defines the value of silver to that of gold. Attempts to predict the pricing of gold vs silver based on this ration are folly at best.
     
  14. Smitty

    Smitty New Member

    You do realize that gold is manipulated too?

    No doubt silver is more volatile. But with volatility comes bigger profits.

    I'm up ~90% on my gold, but ~250% on my silver during the same time period. I bought more silver at $25 and sold that at $37.

    The trick is buying (and selling) at the right time, and not "stacking".
     
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