Silver Bullion vs Gold Bullion as an investment

Discussion in 'Bullion Investing' started by masterswimmer, Mar 8, 2019.

  1. Two Dogs

    Two Dogs Active Member

    Any time in the last 40 years that I think I've figured out gold/silver values, reality has slapped me in the face. In general, gold behaves as a currency; silver behaves as an industrial metal. Neither generate income. Both good to have as inflation insurance. A wise man once told me to get some gold, put it in a safe spot and hope it goes DOWN in value.
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  3. -jeffB

    -jeffB Greshams LEO Supporter

    Yep, if gold is going up sharply, unpleasant things are happening. Owning gold can make some of those unpleasant things more bearable, but not all.
    ilmcoins and Two Dogs like this.
  4. I tend to look at my gold as a store of wealth(protection) and silver as an investment because of the gain potential although both have that. I always think of something someone said to me. In the early 1900s a rich man could by a car for $240 or 12oz of gold. The 12oz will still get it. 240 will not.
    JCKTJK and masterswimmer like this.
  5. T-roy W

    T-roy W New Member

    Exactly!!! its too easy for a scammer to get some china fakes and swap them with your real bullion and then claim yours are fake.

    Selling on Ebay, HELL NO!!!
  6. -jeffB

    -jeffB Greshams LEO Supporter

    In the mid-1980s, I had $4000 to invest. (Thanks, Mom and Dad.)

    Inflation-adjusted, that $4000 was equivalent in buying power to about $9500 today. (If you think the government has been lying to us about "real" inflation, it might have been more today.)

    At that time, gold had fallen back 50% from its previous all-time high. I could've bought 10 ounces with the money I had to invest. Instead, I bought Washington Mutual American Fund Class A, despite the 5% front-load. And I left it there, even when it lost 33% in 2008.

    The gold would have been worth over $18000 in 2011, but it shed close to 33% in 2013, and it's been sideways since, worth close to $13000 today.

    The AWSHX is a bit above $70K.

    That rich man could buy a car -- but gold wasn't what made him rich.
    xlrcable and fretboard like this.
  7. Two Dogs

    Two Dogs Active Member

    Exactly. We buy insurance policies to help when things go bad, but don't wish for our homes to burn, cars to crash, loved ones to become ill. When gold goes up, we're losing the purchasing power of our currency, someone is getting their nuclear bombs warmed up, etc.
    JCKTJK likes this.
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I would say diversification is the key, owning just one PM, in my opinion
    wouldnt be smart, my portfolio includes Gold, Palladium , Platinum and
    Silver, just look at what palladium has done in just the past year ! and
    Then Platinum which has really flattened out, i am actually going to buy
    More APE,S as i think it is near the bottom and can only move up :)
    Two Dogs likes this.
  9. masterswimmer

    masterswimmer Well-Known Member

    Not sure what your asset mix is, but I'm not looking to go much heavier in PM's. I've been accumulating for a long time now. I think I'm all set with the preservation of wealth in case of an economic disaster. ;)
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I just came from my financial advisor at Merrill Lynch about an hour ago
    So we moved some of my common stocks around and moved about 250K
    Over to Bonds, so i have about a 25% hedge against the other 45% which
    Is invested more aggressively and then 30% in PM,S (Futures and physical)
  11. masterswimmer

    masterswimmer Well-Known Member

    Within the last few years I've been rebalancing also. I've come to like certain dividend stocks. Income investing along with strong underlying statistics for growth has reshaped the mix.

    Look up dividend aristocrats.
  12. fretboard

    fretboard Defender of Old Coinage!

    There's nothing at all wrong with buying 1/10th oz coins, I still buy them if the premium isn't too high! I actually started out buying the little guys, it's a good way to grow the way I see it. :D
    spirityoda and Two Dogs like this.
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Another cool thing you might want to check in to if your not already involved
    In is revenue or interest streaming, right now at about 8.35%
    I have adjusted up to 10.25% with a yearly average of 9.15% and since
    My bonds are tax free, the realized income will be closer to 9.75%
    So you do have to get in there and mix things up a bit every once in awhile :)
    masterswimmer likes this.
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I like the 1/10 OZ size as well, Platinum APE,S are about $140 now, a little
    Cheaper out to $138 i have found, AGE,S are similar in price, but the
    Gold is discounted in comparison to the Platinum, but still think there is
    A real upside in the market.
    fretboard likes this.
  15. What happens when we print to much money or inflation rears up with a 22tr dept?
  16. Two Dogs

    Two Dogs Active Member

    Our faithful public servants will figure something to get us out of that jam...
  17. The truth be told. I know the monetary value of every coin I own. Do I own them for there value? No. For me the are a walk through history from 83 BC to 2019. It will be up to my heirs to profit from or continue the collections. My bullion is what it is. Collections are another matter.
  18. Just hope they don't try to take are stash to pay for it all right.
    Two Dogs likes this.
  19. goldcollector

    goldcollector Member

    People always trying to write up some big love analysis on this gold vs silver thing. The best move is Gold. Always has been always will be. THERE IS TOO MUCH SILVER.

    Did you know one of the first instances of political lobbying happened way back in the 1800s when politicians were convinced to start minting Morgan Dollars ( which the public largely had no desire for ). They were bribed I mean convinced by lobbyists for the silver industry because there was so much silver from the Comstock lode that they couldn't give it away. Today all that silver still exists in one form or another along with another 88,000,000,000 approximate ounces that have been mined since. Silver is about as rare as buttholes
  20. -jeffB

    -jeffB Greshams LEO Supporter

    Well, I won't argue with you in your area of expertise.
  21. Santinidollar

    Santinidollar Supporter! Supporter

    Thanks. Coffee just came out of my nose...
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