Silver or Gold?

Discussion in 'Bullion Investing' started by fools_gold, Jun 15, 2010.

  1. wunderer

    wunderer tink

    http://www.wealthdaily.com/articles/top-silver-stocks/2492
    Do not take this as a recommendation. A lot of research is required to validate statements. Three of the five would have made you money if bought at the indicated price.
    Here is another informative link.
    http://www.edrsilver.com/i/pdf/SilverFundamentals2010.pdf
    Inventories are beginning to increase, but demand will be high. Again, a lot of research on the state of the market and supply is required.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. carl e collins

    carl e collins Junior Member

    Exactly what I would Silver
     
  4. wunderer

    wunderer tink

    Don't forget, as inventories rise, prices drop.
    Compare gold stocks for performance, market demands and supply. Also look at the other metals mined as a byproduct of the operation. Silver mines also produce copper and minor amounts of other metals. Gold mines produce silver and other minerals.
     
  5. KMSilver

    KMSilver New Member

    Silver

    I would definately but silver, however, I don't have any gold, so I would buy one gold eagle and the rest in silver eagles.

    I like bars but eagles have the tax exemption benefit when I sell in the future.

    I favor the silver over the gold because of how undervalued silver is right now, and considering it is more rare than gold, it has the best potential.
     
  6. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Oddly enough, this isn't necessarily true. When you see statistics on inventories, it only includes metal deposited in COMEX or other similar location so that it is available to deliver. Metal that is stored in private locations is not measured. So when you see inventories rise, it may just reflect so much demand that sellers must deposit bullion for industrial users or investors to take delivery. It just isn't that clear cut and inventory levels are misleading as an indicator of where price will go.
     
  7. Canarche

    Canarche Junior Member

    One monster box of silver Phils for me thank you. That would make my day.

    I drive a Smart car, and it was serviced here the other week. They changed the battery because it was going weak, and we got into a bit of an argument because I wanted my old battery with me. It`s a silver/lithium battery. Got a nice pile out of that.
     
  8. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    I VOTE SILVER ALL THE WAY! :D

    well silver has alot of potential also if you have $20 silver and $1200 gold
    and equal money in both say $1200 each

    and silver goes up $1/oz your gold will need to go up $60 to keep even.

    so basically...

    we got industrial usage, store of value from inflation, and also it barely needs to go up to make a good profit.

    sounds like a winning trio there I think.

    Alex


    p.s. how you been friend? :D
     
  9. fools_gold

    fools_gold Junior Member


    Also the premium on gold is more than silver, so that can take into account for anyone looking to invest in each one.

    I've been good! Still hanging around here! :D

    Actually sold some gold the other day when it was higher than it currently is now!!!
     
  10. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    grats on the profits! so you a millionaire now or what?
    :D
     
  11. fools_gold

    fools_gold Junior Member


    Yeah I am, but then I wake up.....

    :(
     
  12. danisanub

    danisanub Finance Major

    I just did the same thing! 1/4 oz gold I sold for 350, cant beat that!
     
  13. fools_gold

    fools_gold Junior Member


    They go for that much now? Wow....

    Can you believe that, just 10 years ago (I think) a full 1 oz. coin went for that amount....

    Soon someone is going to sell a 1/10 oz coin for $350!!!
     
Draft saved Draft deleted

Share This Page