Reply to Thread

Message:: [QUOTE="Rono, post: 293080, member: 6492"]was supposed to be quoting andrew sorry, this post was supposed to quote andrew. rono     Howdy, I concur with the above. American Eagles have a bit higher premium than other coins and bullion rounds and ingots, but are easy to buy and sell and are a pretty coin. I've been buying a roll of them every January for years. Occasionally, I've picked up a few other odds and ends as I was able to afford it and the price was attractive. Normally the best prices come in late winter - early spring. And I lke silver rather than gold. Historically, their relationship has ranged between 1-15 and 1-20. Right now it's 1-54. During the bull market of the late 70's gold topped out in early 1980 at $850 while silver topped out at $50 (1-17). Granted, the Hunt Bros were trying to corner the silver market and indeed, all things considered, the 'historic ratio' may no longer be exactly the same. However, I still see a great profit potential with silver instead of gold.  Ideally, you'd have some of both and just overweight silver. That's what I've done. And most of all, don't go crazy with this - stay prudent and take your time. The market isn't going away.  For pricing, I've found that <a href="http://www.apmex.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.apmex.com" rel="nofollow">www.apmex.com</a> has pretty prices for comparison sake. Oh, and don't EVER buy anything off of a TV show. peace, rono[/quote][/QUOTE]

Create my FREE Account!

Log in or Sign up

Reply to Thread

Useful Searches