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<p>[QUOTE="Troodon, post: 140205, member: 4626"]Precious metals are never a good way to make money quickly... their main value is as a long term hedge against inflation. Unless your skillful or lucky enough to capitalize on the short term fluctuations, gold/silver/platinum/palladium etc. aren't the best way to make money.</p><p><br /></p><p>If you want to buy gold as an investment, I'd go with simple gold bullion or uncirculated gold bullion coins. Proofs are really for collectors, not investors. I don't count rarer gold coins here becuase their value is determined more by numismatic interest then their bullion value (though their bullion value establishes a floor for their prices). Investment in them is a lot different than investment in gold itself and is really a whole 'nother topic, lol.</p><p><br /></p><p>This one seems like it will be minted in too great a quanity for its value to make up for the premium abonce its bullion value, at least in the short term... but who knows, if it generates enough interest it may go up quickly... however its high price would kind of limit it as a collection item. Time will tell... I can only make educated guesses, not predict the future, lol... but I'd put this in the "possible, but not very likely" category as a significant short term investment. If you want to get one of these for sake of investment, I'd say the uncirculated is the better bet, since you can get it at less of a premium over bullion value, so it will have less to make up to gain value beyond the premium.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 140205, member: 4626"]Precious metals are never a good way to make money quickly... their main value is as a long term hedge against inflation. Unless your skillful or lucky enough to capitalize on the short term fluctuations, gold/silver/platinum/palladium etc. aren't the best way to make money. If you want to buy gold as an investment, I'd go with simple gold bullion or uncirculated gold bullion coins. Proofs are really for collectors, not investors. I don't count rarer gold coins here becuase their value is determined more by numismatic interest then their bullion value (though their bullion value establishes a floor for their prices). Investment in them is a lot different than investment in gold itself and is really a whole 'nother topic, lol. This one seems like it will be minted in too great a quanity for its value to make up for the premium abonce its bullion value, at least in the short term... but who knows, if it generates enough interest it may go up quickly... however its high price would kind of limit it as a collection item. Time will tell... I can only make educated guesses, not predict the future, lol... but I'd put this in the "possible, but not very likely" category as a significant short term investment. If you want to get one of these for sake of investment, I'd say the uncirculated is the better bet, since you can get it at less of a premium over bullion value, so it will have less to make up to gain value beyond the premium.[/QUOTE]
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