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Buy silver or gold with $5000?
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<p>[QUOTE="Clawcoins, post: 3017776, member: 77814"]The original $5,000 thread is from 2011 when PM was at a peak. I'd hate to calculate how little that $5k would be worth today ... say 1/3 for silver .. so the $5k investment would be about $1,650 today.</p><p><br /></p><p>ouch</p><p><br /></p><p>but lately with the market fluctuations I can see buying gold .. and holding it for a bit then selling. I've been thinking of doing that with Platinum (though I like to just hold it LOL) because the swings lately have been fairly large. But the profit + effort for an ounce would be a lot; thus more ounces the better but that's a lot of cash to hold up in PMs just to try and buy low/sell high. I'd rather make money in the stock market.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3017776, member: 77814"]The original $5,000 thread is from 2011 when PM was at a peak. I'd hate to calculate how little that $5k would be worth today ... say 1/3 for silver .. so the $5k investment would be about $1,650 today. ouch but lately with the market fluctuations I can see buying gold .. and holding it for a bit then selling. I've been thinking of doing that with Platinum (though I like to just hold it LOL) because the swings lately have been fairly large. But the profit + effort for an ounce would be a lot; thus more ounces the better but that's a lot of cash to hold up in PMs just to try and buy low/sell high. I'd rather make money in the stock market.[/QUOTE]
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