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<p>[QUOTE="Orange Gold, post: 943615, member: 26348"]Well, I decided not to buy it.</p><p>Thanks for the help guys...</p><p>anyways, stuff you should know about me.</p><p>I own my own company even though I am only 15 years old. I make anywhere from $5,000 to $30,000 a month.</p><p>Normally I spend the money (a very small percent. just like $100 of it every month) on coins, and minerals, and fossils for my collection.</p><p>My parents say I need to invest it, I was going to do stocks but I think buying bars of gold and platinum, etc. would be better.</p><p>So I've been doing research all day and I think I'm going to invest in Gold and Rhodium mainly. I will still buy silver and platinum but mainly Gold and rhodium. about 50% of what I make every month will go to that...</p><p><br /></p><p>So now my question is...</p><p>When I am looking at buying platinum I am considering wether I should buy the bars of coins..</p><p>Lets say I buy a 1 oz bar... and the price drops below $100 per ounce in 25 years (they find a way to produce it for very cheap, or some other weird scenario, people just stop needing it, etc.)</p><p>Now my bars are worthless..</p><p>Now if I buy the coin... with a face value of $100</p><p><a href="http://bullion.com/platinum/coins/amerianeagle.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://bullion.com/platinum/coins/amerianeagle.html" rel="nofollow">http://bullion.com/platinum/coins/amerianeagle.html</a></p><p>in 25 years if the same scenario happens and I have my 1oz coins well they still trade for $100 USD in a bank even though the material they are made of is worth less then $100.</p><p>Yes I know that the value of a dollar will change over 25 years most-likely. That's not part of my question.</p><p>I just want to know if the coins are actually worth $100 even if the material is worth less then $100.[/QUOTE]</p><p><br /></p>
[QUOTE="Orange Gold, post: 943615, member: 26348"]Well, I decided not to buy it. Thanks for the help guys... anyways, stuff you should know about me. I own my own company even though I am only 15 years old. I make anywhere from $5,000 to $30,000 a month. Normally I spend the money (a very small percent. just like $100 of it every month) on coins, and minerals, and fossils for my collection. My parents say I need to invest it, I was going to do stocks but I think buying bars of gold and platinum, etc. would be better. So I've been doing research all day and I think I'm going to invest in Gold and Rhodium mainly. I will still buy silver and platinum but mainly Gold and rhodium. about 50% of what I make every month will go to that... So now my question is... When I am looking at buying platinum I am considering wether I should buy the bars of coins.. Lets say I buy a 1 oz bar... and the price drops below $100 per ounce in 25 years (they find a way to produce it for very cheap, or some other weird scenario, people just stop needing it, etc.) Now my bars are worthless.. Now if I buy the coin... with a face value of $100 [url]http://bullion.com/platinum/coins/amerianeagle.html[/url] in 25 years if the same scenario happens and I have my 1oz coins well they still trade for $100 USD in a bank even though the material they are made of is worth less then $100. Yes I know that the value of a dollar will change over 25 years most-likely. That's not part of my question. I just want to know if the coins are actually worth $100 even if the material is worth less then $100.[/QUOTE]
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