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<p>[QUOTE="Blissskr, post: 1871092, member: 34882"]Hate to play devils advocate but it may not be worth it. There is no guarantee that silver/gold will go up from where you buy in or that you will be able to make a profit when liquidating. You could potentially lose money especially with the small sums of money your talking about. Any smaller gold coins usually have a high premium which is rarely recouped when selling back unless to a fellow collector, etc versus a dealer. If you were to buy silver eagles you could potentially avoid the loss of money simply from premiums but again with the premiums you'll pay you'd be lucky to recoup those premiums when selling and that's if the price stays the same. Personally considering you said you 'don't want to invest more than a year' I'd find something else to invest your limited funds in. With PM's imo it's better to have a long term hold view versus a short term hold and pray they make steady gains for when your looking to cash out in a year.[/QUOTE]</p><p><br /></p>
[QUOTE="Blissskr, post: 1871092, member: 34882"]Hate to play devils advocate but it may not be worth it. There is no guarantee that silver/gold will go up from where you buy in or that you will be able to make a profit when liquidating. You could potentially lose money especially with the small sums of money your talking about. Any smaller gold coins usually have a high premium which is rarely recouped when selling back unless to a fellow collector, etc versus a dealer. If you were to buy silver eagles you could potentially avoid the loss of money simply from premiums but again with the premiums you'll pay you'd be lucky to recoup those premiums when selling and that's if the price stays the same. Personally considering you said you 'don't want to invest more than a year' I'd find something else to invest your limited funds in. With PM's imo it's better to have a long term hold view versus a short term hold and pray they make steady gains for when your looking to cash out in a year.[/QUOTE]
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