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<p>[QUOTE="Sundance79, post: 2844182, member: 84413"]Jason -</p><p>In the case you outlined you are absolutely right. But let’s face it, investing in gold and silver is a bit of a gamble.</p><p><br /></p><p>Let’s look as another window, say Feb 2011 to May 2011. Gold started at $1,342 and went to $1,545. Silver started at $28.61 and went to $40.20. If you’d spent $1,342 on silver instead of gold and sold that silver in May you would have around $1,885 instead of $1,545 from your gold. (That's still $1790 if I lose 5% in premiums)</p><p><br /></p><p>Of course it is easy to look back and say I should have bought then and/or sold then.</p><p><br /></p><p>But here is how I look at it, whenever silver is under $20 an ounce I see it as an buying opportunity.</p><p><br /></p><p>FYI – most of the silver I buy is in 5oz ATB and 10 oz bars. I get hit with lower premium that way. But I also have junk silver and US Mint Silver Eagles.</p><p><br /></p><p>I’m buying at under $20 and hoping/gambling that I’ll be able to sell it at over $40 in the not too distant future (a few years down the road). I don’t think that I'd be able to buy gold at $1,330 and sell it at $2,660 in as close a time frame.</p><p><br /></p><p>But Jason - I think your overall apporach is a very sound one. It makes a lot of sense and you make some very good points. Let's just say I'm willing to take a bit more of a gamble.[/QUOTE]</p><p><br /></p>
[QUOTE="Sundance79, post: 2844182, member: 84413"]Jason - In the case you outlined you are absolutely right. But let’s face it, investing in gold and silver is a bit of a gamble. Let’s look as another window, say Feb 2011 to May 2011. Gold started at $1,342 and went to $1,545. Silver started at $28.61 and went to $40.20. If you’d spent $1,342 on silver instead of gold and sold that silver in May you would have around $1,885 instead of $1,545 from your gold. (That's still $1790 if I lose 5% in premiums) Of course it is easy to look back and say I should have bought then and/or sold then. But here is how I look at it, whenever silver is under $20 an ounce I see it as an buying opportunity. FYI – most of the silver I buy is in 5oz ATB and 10 oz bars. I get hit with lower premium that way. But I also have junk silver and US Mint Silver Eagles. I’m buying at under $20 and hoping/gambling that I’ll be able to sell it at over $40 in the not too distant future (a few years down the road). I don’t think that I'd be able to buy gold at $1,330 and sell it at $2,660 in as close a time frame. But Jason - I think your overall apporach is a very sound one. It makes a lot of sense and you make some very good points. Let's just say I'm willing to take a bit more of a gamble.[/QUOTE]
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My (revised) argument for the best way to invest in bullion
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