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Message:: [QUOTE="Jason.A, post: 2842518, member: 87620"]If you're paying triple to quadruple the premium on silver as you are on gold, in order to make any significant profit you have to own a far greater quantity of silver than gold to achieve the same value, and you have to hope that it increases much more than gold in order to recoup your premium before you can even hope to make a profit. Let's do an example to illustrate this. (You can also check your purchases for the year to see if you've even come close to recouping any of your premiums.) What you will notice is that if you have probably already recouped your gold premiums but that you are VERY far away, still, from recouping your silver premiums. This shows the folly in buying silver. Here is our case study: July, both gold and silver hit very low points. Gold was as low as $1210 and silver was as low as $15.38. In that month, from JMBullion, if you bought an ounce of gold at $1210 in the form of a gold Maple, you'd have paid about $1260. If you'd have bought an equivalent value of silver in the form of Maples you'd have paid $18.17 per ounce. You'd buy about 69 silver Maples to total: $1253.75. Today, Sept 1 spot prices. Gold: $1330 Silver: $17.80 At just spot, your gold is worth $1330. You are up $70.At just spot, your silver is $1228. You are still down $25. Please do the math for your own gold and silver purchases this year. You will, unfortunately, find the same thing. Comparing gold to silver Maples, gold to silver Eagles, etc. will show you typically pay a 4% premium on gold and a 16% premium on the silver. This means silver needs to go up 4x that of gold for you to make your money back.[/QUOTE]

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