Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Am I on the right track??
>
Reply to Thread
Message:
<p>[QUOTE="InfleXion, post: 1508762, member: 29012"]Loungefly, glad to hear you have an interest in real money <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I think you are on the right track. I would caution that silver is actually riskier than gold, but you can buy smaller increments of it so your risk exposure can be less with silver. I prefer silver due to risk vs. reward, having the greatest potential due to lower supplies than gold above ground and being the 2nd most useful industrial commodity on the planet. </p><p><br /></p><p>As for which silver coin is best for you, it depends what you want out of it. If you want something that has strong resale value, worldwide recognizeability, and easy to detect fakes, you can't beat the ASE with the Canadian Maple Leaf a close runner up. I like Canadian coins for 99.99% purity instead of 99.9% because 9999 is used for silver in solar panels which are slated to become a strong factor in silver demand going forward so 9999 fine could possibly one day have a greater premium, just speculating. For that I like the CA wildlife series which is close to the price of ASE's and CML's, but IMO has a lot more upside due to better designs and mintage of 1 million as well as being part of a series that is in demand. If you want protection against downward price moves then premium bullion coins might be better, such as pandas and lunars which I also like. I also like generic bars and rounds for maximizing my ounces as well as junk silver for liquidity. This is my method of diverisification <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> plus a little fractional gold. The other nice thing about silver is that you can get a lot better premiums on the resale. With gold it's so expensive that if you have a 1 oz coin for example you won't get much over spot for it when you sell, where as a roll of eagles you can sell individually each for a small premium that would outpace gold when you add it all up.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1508762, member: 29012"]Loungefly, glad to hear you have an interest in real money :) I think you are on the right track. I would caution that silver is actually riskier than gold, but you can buy smaller increments of it so your risk exposure can be less with silver. I prefer silver due to risk vs. reward, having the greatest potential due to lower supplies than gold above ground and being the 2nd most useful industrial commodity on the planet. As for which silver coin is best for you, it depends what you want out of it. If you want something that has strong resale value, worldwide recognizeability, and easy to detect fakes, you can't beat the ASE with the Canadian Maple Leaf a close runner up. I like Canadian coins for 99.99% purity instead of 99.9% because 9999 is used for silver in solar panels which are slated to become a strong factor in silver demand going forward so 9999 fine could possibly one day have a greater premium, just speculating. For that I like the CA wildlife series which is close to the price of ASE's and CML's, but IMO has a lot more upside due to better designs and mintage of 1 million as well as being part of a series that is in demand. If you want protection against downward price moves then premium bullion coins might be better, such as pandas and lunars which I also like. I also like generic bars and rounds for maximizing my ounces as well as junk silver for liquidity. This is my method of diverisification ;) plus a little fractional gold. The other nice thing about silver is that you can get a lot better premiums on the resale. With gold it's so expensive that if you have a 1 oz coin for example you won't get much over spot for it when you sell, where as a roll of eagles you can sell individually each for a small premium that would outpace gold when you add it all up.[/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
>
Am I on the right track??
>
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...