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<p>[QUOTE="InfleXion, post: 1267705, member: 29012"]As I see things, if metals are a bubble it's in the paper market, not the physical one. There are a lot of factors that would provide pressure on both sides if the physical market were separated, such as cost of production pushing the price down, or rarity and demand potentially pushing it up. As I watch the online dealers, it seems to me supply has been dwindling the last few months at least with some of the more popular and lower mintage items. I can still find a lot of the coins I want locally though. However you slice it, with the advent of the paper markets the situation became exceedingly more complicated. </p><p><br /></p><p>I am in the camp that silver is a monetary metal and an industrial metal, and is similar to Platinum and Palladium except that I believe it has more of a monetary status than those 2 metals, but agree with Fatima that gold is the only metal that has this as its primary distinction. So silver has a mind of its own sometimes, but follows gold historically and does follow gold in tandem on occaison at least directionally though not always by a percentage basis. </p><p><br /></p><p>Obviously I like silver and I am chancing that the gold/silver ratio will return to a more historic level one day, but I like gold too. It's the safer play, and has less of a risk/reward situation IMO. Gold will cause you less heartache along the way too, but if you can handle the ride I think silver is worth it. It's also ideal for liquidity. </p><p><br /></p><p>I believe the average person will be able to trade metals one day, because I am a person willing to do so and I know others who are as well. The reason I am of this mindset is because it has been done before and just makes sense to me. It doesn't require any middle man or governing body, and will always hold some level of value, even if not more than you paid at least it can't go to zero if you hold the physical metal. So I think anyone holding metals in a worst case scenario like you've mentioned would stand to gain a lot more of any new currency than people holding the old currency, but there are other investment vehicles that may survive a currency collapse besides metals. The question is whether they will survive a societal collapse which may or may not come with a currency collapse. </p><p><br /></p><p>$100K is a lot of money. You really should talk to a professional if you haven't yet. I wouldn't put all my eggs in one basket, but most of my eggs would be in a physical metal basket. Another important consideration is security. If you don't have the means to secure your metal then you'll be relying on either trusting a bank to hold it for you or going into the paper markets. Each scenario carries its own kinds of risks.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1267705, member: 29012"]As I see things, if metals are a bubble it's in the paper market, not the physical one. There are a lot of factors that would provide pressure on both sides if the physical market were separated, such as cost of production pushing the price down, or rarity and demand potentially pushing it up. As I watch the online dealers, it seems to me supply has been dwindling the last few months at least with some of the more popular and lower mintage items. I can still find a lot of the coins I want locally though. However you slice it, with the advent of the paper markets the situation became exceedingly more complicated. I am in the camp that silver is a monetary metal and an industrial metal, and is similar to Platinum and Palladium except that I believe it has more of a monetary status than those 2 metals, but agree with Fatima that gold is the only metal that has this as its primary distinction. So silver has a mind of its own sometimes, but follows gold historically and does follow gold in tandem on occaison at least directionally though not always by a percentage basis. Obviously I like silver and I am chancing that the gold/silver ratio will return to a more historic level one day, but I like gold too. It's the safer play, and has less of a risk/reward situation IMO. Gold will cause you less heartache along the way too, but if you can handle the ride I think silver is worth it. It's also ideal for liquidity. I believe the average person will be able to trade metals one day, because I am a person willing to do so and I know others who are as well. The reason I am of this mindset is because it has been done before and just makes sense to me. It doesn't require any middle man or governing body, and will always hold some level of value, even if not more than you paid at least it can't go to zero if you hold the physical metal. So I think anyone holding metals in a worst case scenario like you've mentioned would stand to gain a lot more of any new currency than people holding the old currency, but there are other investment vehicles that may survive a currency collapse besides metals. The question is whether they will survive a societal collapse which may or may not come with a currency collapse. $100K is a lot of money. You really should talk to a professional if you haven't yet. I wouldn't put all my eggs in one basket, but most of my eggs would be in a physical metal basket. Another important consideration is security. If you don't have the means to secure your metal then you'll be relying on either trusting a bank to hold it for you or going into the paper markets. Each scenario carries its own kinds of risks.[/QUOTE]
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