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<p>[QUOTE="zvezdah1, post: 1998141, member: 72103"]So, doing a good bit of reading on this subject. I've been an investor in stocks bonds, options for many years. I'm starting to dabble in silver bullion just for the aesthetics of it, ie not investing, just collecting wildlife themed coins.</p><p><br /></p><p>Those of you that invest. Question. What's the reason for owning physical gold/silver? This is not in relation to the world coming to an end SHTF scenario, but more a severe economic downturn. </p><p><br /></p><p>Looking at buying silver coins, they seem to run $3-5 over spot, but I note these bullion sellers advertise buying back at just a bit over spot price (this is just for regular bullion coins). That means silver would have to move $3-5+ just to break even. Plus the hassle of storing and selling it. It would seem owning the exchange traded funds (the larger ones like GLD) would make more sense in terms of trading and making money off them.</p><p>Any rate I'd just be interested to hear from some of you who've really looked into this.</p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="zvezdah1, post: 1998141, member: 72103"]So, doing a good bit of reading on this subject. I've been an investor in stocks bonds, options for many years. I'm starting to dabble in silver bullion just for the aesthetics of it, ie not investing, just collecting wildlife themed coins. Those of you that invest. Question. What's the reason for owning physical gold/silver? This is not in relation to the world coming to an end SHTF scenario, but more a severe economic downturn. Looking at buying silver coins, they seem to run $3-5 over spot, but I note these bullion sellers advertise buying back at just a bit over spot price (this is just for regular bullion coins). That means silver would have to move $3-5+ just to break even. Plus the hassle of storing and selling it. It would seem owning the exchange traded funds (the larger ones like GLD) would make more sense in terms of trading and making money off them. Any rate I'd just be interested to hear from some of you who've really looked into this. Chris[/QUOTE]
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