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GOLD VS. PLATINUM VS. SILVER --- Which is the best long term investment?
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<p>[QUOTE="goldcollector, post: 575485, member: 9088"]Yeah, I agree with you on silver. The reason I put it #2 and not #1, is because every tom, dick and harry has it. Too much in weak hands, and every $1 rise in the price is accompanied by 10,000 people ready to cash their 100 ounces in and take the $100 profit. Look at it now, its only $12.70 and there seems to be 10 million ounces on the market. platinum is $1178.00 and noone within 100 miles of me has any of it at all to sell. Thats crazy seeing as how the ratio silver to plat is only like 50 to 1.</p><p><br /></p><p>I agree cloudsweeper, that silver is much easier for the common man to own. But that can be both a good and bad thing. You know some guy making $30 K who decides to throw $1000 into silver is going to be more than happy to sell when the $1000 turns into $1500. I think that has more to do with the reason silver never really takes off, than market manipulation.</p><p><br /></p><p>Still, I say silver is a close second.</p><p><br /></p><p>Loken,</p><p><br /></p><p>Gold is beautiful. Thats why I like to collect it. But it hasn't fallen like Plat and Silver. They have more room to recover. If you're looking at strictly as an investment, I say the other 2 beat out gold. Now go post that $10,000 bill that ur friend found laying on the street.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 575485, member: 9088"]Yeah, I agree with you on silver. The reason I put it #2 and not #1, is because every tom, dick and harry has it. Too much in weak hands, and every $1 rise in the price is accompanied by 10,000 people ready to cash their 100 ounces in and take the $100 profit. Look at it now, its only $12.70 and there seems to be 10 million ounces on the market. platinum is $1178.00 and noone within 100 miles of me has any of it at all to sell. Thats crazy seeing as how the ratio silver to plat is only like 50 to 1. I agree cloudsweeper, that silver is much easier for the common man to own. But that can be both a good and bad thing. You know some guy making $30 K who decides to throw $1000 into silver is going to be more than happy to sell when the $1000 turns into $1500. I think that has more to do with the reason silver never really takes off, than market manipulation. Still, I say silver is a close second. Loken, Gold is beautiful. Thats why I like to collect it. But it hasn't fallen like Plat and Silver. They have more room to recover. If you're looking at strictly as an investment, I say the other 2 beat out gold. Now go post that $10,000 bill that ur friend found laying on the street.[/QUOTE]
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GOLD VS. PLATINUM VS. SILVER --- Which is the best long term investment?
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