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<p>[QUOTE=&quot;Clawcoins, post: 8548110, member: 77814&quot;]Are you a newbie getting into Bullion Investing?</p><p><br /></p><p>I was searching for my stamp collection (yeah, I have one of those) and came across some receipts of some of my purchases from the other Century. </p><p><br /></p><p>Yup, the other CENTURY ... makes one ... feel ... kinda ... old ... but anyways.</p><p>[ATTACH=full]1509906[/ATTACH]</p><p><br /></p><p>Back in December 1998 I bought some</p><p>Gold Eagles when gold was $294.70 an ounce.&nbsp; The coins were $314.74 each which is a&nbsp; $20.04 premium over spot.</p><p><br /></p><p>Platinum Eagles were spot $357.00 and $387.35 each for a $30.35 premium per coin.</p><p><br /></p><p>And Silver was $5.03, $8.70 / coin for a premium of $3.67 per coin.</p><p><br /></p><p>TODAY, Spot is</p><ul> <li><a href="https://www.providentmetals.com/spot-price/chart/gold/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.providentmetals.com/spot-price/chart/gold/" rel="nofollow">GOLD</a>&nbsp;&nbsp; $1,654.66</li> <li><a href="https://www.providentmetals.com/spot-price/chart/silver/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.providentmetals.com/spot-price/chart/silver/" rel="nofollow">SILVER</a>&nbsp;&nbsp; $19.11</li> <li><a href="https://www.providentmetals.com/spot-price/chart/platinum/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.providentmetals.com/spot-price/chart/platinum/" rel="nofollow">PLATINUM</a>&nbsp;&nbsp; $877.73</li> </ul><p>So Gold is up 5.6x</p><p>Platinum 2.45x</p><p>Silver 3.8x</p><p><br /></p><p>Buying an AGE is about $1,821.87 right now a $167.21 premium over spot.</p><p>APE is $1,093.51 a $215.78 premium</p><p>ASE is $32.95 a $13.84 premium.</p><p><br /></p><p>correlating past spots v premiums it looks like only Platinum is way out of whack for it&#039;s current premium.</p><p><br /></p><p><br /></p><p>and if you bought a Nasdaq index fund.</p><p>from 10/2003 (can&#039;t get the number before that) at $26.24</p><p>today at 137.82</p><p>is 5.25x</p><p>Thus $10k in 2003 is worth $52,522.86 if you did <u><i><b>not </b></i></u>reinvest the dividends/capital gains.</p><p><br /></p><p>But $10,000 of Gold in 1998 is worth $56,147.27</p><p>$10k 1998 Platinum is $24,586.27</p><p>$10k 1998 Silver is $37,992.05</p><p>vs $10k 2003 FNCMX is $52,522 or $78,700+ ish with DRIP ??</p><p><br /></p><p><br /></p><p>This excludes inflation, etc .. just pure cash value.</p><p>Also keep in mind this excludes cost of safe storage for any metals.</p><p>If you buy index funds it&#039;s best to buy house funds as they normally have no fees (at least mine don&#039;t), thus no overhead costs over time.</p><p><br /></p><p>It&#039;s early in the morning, I don&#039;t drink coffee, so someone needs to check my numbers as my brain still seems non-functioning.&nbsp; FYI, I tried to figure out DRIP for each year but gave up and guessed .. too early.</p><p><br /></p><p>Of course, this excludes taxes (or not) depending how you sell and track your PMs.</p><p><br /></p><p>I guess I should have bought more gold as it&#039;s just &quot;funner.&quot;[/QUOTE]</p><p><br /></p>

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