Best Investment Dollar for Dollar

Personally I find the 1oz Perth Mint Silver Lunar Series coins to be the best bang for the buck if purchased from any of the major dealers when first released. The only caveot being the Series II Dragons which are now selling far below the grossly inflated issue price (The1oz Ag series I Lunar Dragons were consistently selling for around $80-$100 each at the time). Quite often the going rate for the Lunar Series coins, after the major dealers sellout(generally within a month or two after first hitting the market), are already up 10-30%. YMMV

 

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Buy LOW,
. . . . Sell HIGH

under no circumstance should you buy high, and sell low.

 

Lets stop with the family member comments, they are not appropriate nor germane. Perhaps you were kidding around, but I do not believe the members were laughing, nor was I. Thanks Jim

 

I have do silver Rounds to be a sound investment too because of the low round trip. Round trip is the spread for buying and selling. I can usually find generic rounds for $.89 over spot, sometimes less on the internet or from a good dealer. I can usually sell them back for spot so a $.89 round trip. Anyone know of better round trips?

 

Thinking of going this route, have allot of irons in the fire so investment dollars
are coming at a real premium ! new tile floor and back yard going in, in just a couple of weeks...OUCH $$$$$ so going to be 10 to 20 once,s of silver per month
And then upgrade to a "Kruger" every 6 months think i will try that system.

 

Howdy folks,

Silver has always worked for me. Greater leverage all across the spectrum - both bullion and mining stocks. In the Hunt Bros bull, gold appreciated ~350% while silver went off for over 1200%.

Same/same in the great bull market from 2002 to 2011. Silver again went from around $4 to around $45. The mining stocks went even more crazy. That's where the nutzoid action is but is also where you can make a killing in a running bull market. I bought Silver Wheaton SLW between $2 and $3 and it went to $43.

As for using the GSR, the best method I've heard of is to purchase both gold and silver, but in the actual ratio. Then you periodically rebalance as dictated by changes in the GSR.

For example, the GSR right now is just under 70/1. Ergo, for every one ounce of gold you need to stash 70 of silver (smaller budgets please divide as needed). If the ratio changes, I'd change my purchasing mix but would not change my existing stash - too expensive and not really necessary. You can vary it over time by adjusting your purchases.

In other words, it's a useful metric but don't go crazy. The same can be said about the gold/XAU ratio (14.7 as I write). Before the bullion ETFs, +- 5.0 was the decision point between favoring bullion vs. mining stocks. Well, according to this ratio you should put your mortgage into the miners. feh. I don't think so. I don't know if it's been recalibrated since the ETF's came along, but I'd think it was still high and pointing to overweighting the mining stocks relative to bullion. And again, this is all on the margin.

Take your time, be prudent and it'll all be good.

and so it goes,

peace,

rono

 

So basically you are saying to put equal dollar amounts in each of gold and silver. As I think silver will, in the long term, do better, I would prefer to put twice as much into silver as gold. So I would buy 140 silver for each gold if the ratio were 70. That would mean 14 one ounce silver rounds for each 1/10 AGE.

 

Buy gold to hold, silver to trade, platinum to make jewelry.

 

Yes I think it is wise to hold on to gold.

 

Yeppers, that's about it. Use the GSR as a guide but make your own decisions based upon your own wants and desires.

peace,

rono

 

Quality always wins out over quantity. ALWAYS. I can afford a lot more VG 8 coins than MS 66 coins but I promise you the MS 66 is the better call in the long run. People have been saying silver has better upside potential the entire 10+ years I have been on this board and all that has happened is gold kicking silvers arse. 10 years ago today the GSR was 38.88 now its 69 or close.I remember back then when it floated between 35-40 the silver pushers all guaranteeing it would return to the historical 16.

 

No $3 is about the lowest I have ever heard of for silver which is one of the reasons I hate it so much. Out here nobody pays spot for silver unless its an ASE. As far as that 90% you like so much my god the "round trip" is brutal. At todays prices you pay 14x or more and you might get 11x when selling. No way silver is going to go up enough to even break even at those spreads