Do you think Gold or Silver is a better investment right now?

Discussion in 'Bullion Investing' started by Gam3rBlake, Nov 17, 2020.

  1. SensibleSal66

    SensibleSal66 Well-Known Member

    I never bought any, Just saying
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  3. Gam3rBlake

    Gam3rBlake Active Member

    Bought any what?
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  4. SensibleSal66

    SensibleSal66 Well-Known Member

  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Sal, I wish you would get into the habit of using the "Reply" button before you post your comments so we will know who or what you are referring to.
    fretboard and SensibleSal66 like this.
  6. SensibleSal66

    SensibleSal66 Well-Known Member

    Yes sir . I usually do . I forgot this one time .
  7. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    No! You don't!
  8. Captain Sully

    Captain Sully New Member

    silver for me right now as it is going to my 3 year old GGD and she can't spend it before she is 21---I will be gone for sure but it will be worth a bit more that $25 I hope. She will still have plenty--Coins not Bullion per se. We shall see. huh?
  9. TonkawaBill

    TonkawaBill Active Member

  10. TonkawaBill

    TonkawaBill Active Member

    Put 10% silver [is more fluid than gold] in portfolio, add every month and forget you have it
    jacksbike and Gam3rBlake like this.
  11. Steve Marr

    Steve Marr New Member

  12. Steve Marr

    Steve Marr New Member

    In bull market silver usually goes up faster and higher, in bear market drops faster and harder.
    Gam3rBlake likes this.
  13. Mr.Q

    Mr.Q Well-Known Member

    Personally I do not purchase holed coins. I know it was once a fad but I could never understand why anyone would want to devalue a precious coin, or any coin for that matter. Just my opinion.
    Gam3rBlake likes this.
  14. usmc 6123

    usmc 6123 Supporter! Supporter

    I have kicked but with gold most of the people I know don't ever sell. you must sell just as much as you buy then do it again. If you don't set a price to sell and a price to buy don't even bother. imoa thank you.
    Santinidollar likes this.
  15. Phil's Coins

    Phil's Coins Active Member

    I buy both, Mostly junk silver. In case the incoming group of no nothings decide to go socialist on us.
    usmc 6123 and Gilbert like this.
  16. 1865King

    1865King Member

    Right now is not the time to buy Silver or Gold for an investment. I bought some modern gold commemorative coins between 2005 and 2010. I bought them at spot and at times for less. That was a good time to buy gold. As far as silver I bought of bullion type silver dollars. Morgan, Peace, commemorative silver dollars, silver eagles, maple leaves and British 1 ounce silver Britannia's during the same period. I've bought more silver type coins when I felt the price was right. Usually when silver is around $15.00 dollars per ounce.

    As of right now silver is over priced. I wouldn't buy any right now for use as an investment. The price should drop below $20.00 per ounce in the relatively near future.
    usmc 6123 likes this.
  17. Gam3rBlake

    Gam3rBlake Active Member

    Hmm I understand your views.

    However I think with the political instability right now Gold & Silver prices are only going to go up so if I don’t buy now I’ll be paying more in the future.

    Not only that but the economic damage that would result from a Democrat in the WH would also probably result in higher prices for precious metals.

    We haven’t seen it happen yet because we still aren’t sure whether Trump or Biden will win the recounts but once it’s certain which candidate has won the presidency I believe the stock market will respond accordingly.

    From what I’ve read on Barrons and heard from financial analysts like Jim Cramer the stock market is due for a big hit due to Democrats supporting anti-Wall Street policies.

    So if Wall Street is going to be hurting soon I imagine gold & silver prices will go up as usually precious metals & the stock market go in opposite directions.
    usmc 6123 likes this.
  18. Gam3rBlake

    Gam3rBlake Active Member

    So 10% silver and 90% gold and keep stacking from there?
  19. slackaction1

    slackaction1 Supporter! Supporter

    I thought the MARKET move on the vaccine news the other day
  20. Bman33

    Bman33 Well-Known Member

    50:50 Good to have both metals and even a little platinum in your stash. I actually stay around what the GSR is. This year silver has been finicky with a low just under $12 and a high just over $29. It seems to have a delay with what gold is doing. when the GSR was over 120 this year silver was letting me down. then It took off. You really don't know.
  21. fretboard

    fretboard Defender of Old Coinage!

    I hold gold, started out as a collection and before I realized it the price was flowing upward in a big way! :D Then Coronavirus hit and the price went upward even more! I have very little silver, I like gold so that's what I hold! thumbupp.gif
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