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<p>[QUOTE="medoraman, post: 6286058, member: 26302"]PM always goes up in times of economic uncertainty, as well as premiums dealers charge. Even market is not a good proxy for what it costs to buy physical since you have to know what happened to premiums during that timeframe. I believe he is referring to both market price level and premiums right now. I am in the same boat. I enjoy buying being a hoarder, but between higher market and higher premiums, sitting on my hands right now. Either it will shoot upwards in which I will entertain selling some, or it will calm down after it did post 2012 and market levels and premiums both drop and I can go about my business of hoarding little bits of shining metal. Most money I am dropping for coins right now are for collectible ancients, not any new bullion to the pile, (though I know they are two different purchase decisions anyway).[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 6286058, member: 26302"]PM always goes up in times of economic uncertainty, as well as premiums dealers charge. Even market is not a good proxy for what it costs to buy physical since you have to know what happened to premiums during that timeframe. I believe he is referring to both market price level and premiums right now. I am in the same boat. I enjoy buying being a hoarder, but between higher market and higher premiums, sitting on my hands right now. Either it will shoot upwards in which I will entertain selling some, or it will calm down after it did post 2012 and market levels and premiums both drop and I can go about my business of hoarding little bits of shining metal. Most money I am dropping for coins right now are for collectible ancients, not any new bullion to the pile, (though I know they are two different purchase decisions anyway).[/QUOTE]
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