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<p>[QUOTE="bluemastiff, post: 1871264, member: 36770"]If you are looking for a quick flip I would not invest in either. The premiums you pay will put you in the hole 10 to 20% right off the bat meaning if silver spot price is $20 and you pay a $4 premium per oz you are negative 20% as soon as you buy it. So the spot price would have to be $24 when you sell just to break even and that is even if they give you spot price when selling. Could silver go to $40 an oz in a year.....sure it could and you would make $16 an oz but it could go down and or stay flat in a years time and you would be down $4 or more per oz. Instead of buying gold or silver. I would take that $100 and hit the banks and buy up some half dollars and do some coinroll hunting. You wont lose your initial investment. If you find one 1964 or older (90% silver) they are worth around $8 each for the silver value and years 1965 to 1970 (40% silver) are worth around $3.25 each at the current spot price. If you dont find any troughout the year you still have your $100. Check out the coinroll hunters forum on here to learn more.[/QUOTE]</p><p><br /></p>
[QUOTE="bluemastiff, post: 1871264, member: 36770"]If you are looking for a quick flip I would not invest in either. The premiums you pay will put you in the hole 10 to 20% right off the bat meaning if silver spot price is $20 and you pay a $4 premium per oz you are negative 20% as soon as you buy it. So the spot price would have to be $24 when you sell just to break even and that is even if they give you spot price when selling. Could silver go to $40 an oz in a year.....sure it could and you would make $16 an oz but it could go down and or stay flat in a years time and you would be down $4 or more per oz. Instead of buying gold or silver. I would take that $100 and hit the banks and buy up some half dollars and do some coinroll hunting. You wont lose your initial investment. If you find one 1964 or older (90% silver) they are worth around $8 each for the silver value and years 1965 to 1970 (40% silver) are worth around $3.25 each at the current spot price. If you dont find any troughout the year you still have your $100. Check out the coinroll hunters forum on here to learn more.[/QUOTE]
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