Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
All this talk about silver prices falling, but no mention of gold
>
Reply to Thread
Message:
<p>[QUOTE="myownprivy, post: 4283332, member: 84588"]No, I don't think most people magically have $10,000 to buy bullion. But I do think the average middle class person in their 50s or 60s (average age for this board?) has accumulated about $10 grand of bullion over time. </p><p><br /></p><p>So think about this:</p><p>In a time of financial downturn and political panic, you could drive down to the coinshop with a couple ounces of gold to sell for $1630 each. Everyone can carry two ounces of gold. </p><p>Or, if you were a silverbug instead, you could drive down there with your silver that has lost 18% of its value and lug 233 ounces into your car. Can all of you even carry 233 ounces of silver? Not everyone in 50s or 60s are particularly mobile.[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 4283332, member: 84588"]No, I don't think most people magically have $10,000 to buy bullion. But I do think the average middle class person in their 50s or 60s (average age for this board?) has accumulated about $10 grand of bullion over time. So think about this: In a time of financial downturn and political panic, you could drive down to the coinshop with a couple ounces of gold to sell for $1630 each. Everyone can carry two ounces of gold. Or, if you were a silverbug instead, you could drive down there with your silver that has lost 18% of its value and lug 233 ounces into your car. Can all of you even carry 233 ounces of silver? Not everyone in 50s or 60s are particularly mobile.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
All this talk about silver prices falling, but no mention of gold
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...