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Is anybody still buying silver and gold?
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<p>[QUOTE="medoraman, post: 1243915, member: 26302"]I would never say that sir. Anyone saying that the coin they buy, (especially a PM coin), cannot go below X is not a statement I would support. I bought quite a few ASE way below issue price. </p><p><br /></p><p>It depends on many things Ironcowboy. First, decide why you want silver. Do you like collecting coins, or is this purely for profit? Second, think about what market you will sell these into. Some places ASE are popular, so you can expect a premium above whatever silver market is, other places not so much. </p><p><br /></p><p>Myself, I would choose, if only for silver investment, the cheapest form of .99 silver I can buy. This will most closely track the silver market, in my view. Lesser quality silver gets discounted when you sell, (sterling especially), since .99 or higher is easiest for refiners to process. Others like a little downside protection, and think buying silver in coins provides that to them. Maybe, maybe not. Whenever non-collectors decide to sell their silver and invet in something else, I think the coin industry will be deluged with 2010 and 2011 ASE, much more than any collector desire for them. At that point they are simply bullion again.</p><p><br /></p><p>Another avenue, if you like coins, is pre-1965 90% US coins. You can "collect them", enjoy that return, and in the future sell them based upon the silver market.</p><p><br /></p><p>As you can see, there are lots of ways to invest in silver. Pick the one that you like and makes the most sense to you.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1243915, member: 26302"]I would never say that sir. Anyone saying that the coin they buy, (especially a PM coin), cannot go below X is not a statement I would support. I bought quite a few ASE way below issue price. It depends on many things Ironcowboy. First, decide why you want silver. Do you like collecting coins, or is this purely for profit? Second, think about what market you will sell these into. Some places ASE are popular, so you can expect a premium above whatever silver market is, other places not so much. Myself, I would choose, if only for silver investment, the cheapest form of .99 silver I can buy. This will most closely track the silver market, in my view. Lesser quality silver gets discounted when you sell, (sterling especially), since .99 or higher is easiest for refiners to process. Others like a little downside protection, and think buying silver in coins provides that to them. Maybe, maybe not. Whenever non-collectors decide to sell their silver and invet in something else, I think the coin industry will be deluged with 2010 and 2011 ASE, much more than any collector desire for them. At that point they are simply bullion again. Another avenue, if you like coins, is pre-1965 90% US coins. You can "collect them", enjoy that return, and in the future sell them based upon the silver market. As you can see, there are lots of ways to invest in silver. Pick the one that you like and makes the most sense to you. Chris[/QUOTE]
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Is anybody still buying silver and gold?
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