Silver Bullion vs Gold Bullion as an investment

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

  1. Richard Metcalf

    Richard Metcalf New Member

    A bullion coin can be found under melt if you are ready to put up with a few phone calls. For example I picked up a P.C.G.S. first strike $50 AGE from a switch and bait add I saw on tv, advertised for 1295 when gold had just jumped to 1310 so I gabbed it.
     
    JCKTJK likes this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I hope you didnt count on the word "FIRST STRIKE" to give the coin any
    Added value, this is simply a buzz word that is used by companies to
    Make you believe you got something special another word they us
    "IS FIRST DAY OF ISSUE" dont let them fool you these term are
    Meaningless :(
     
  4. goldcollector

    goldcollector Member

    Gold is the most liquid asset in the world. There is less gold per capita every single day that passes, thus why it has remained the king of the financial world since the start of time.

    Silver is a joke. Over produced, over hyped to sell to the masses Hoping to get rich quick. Hoping to put in pennies and hit it big. Much like tonights powerball drawing, the players always lose. Its Not even a precious metal. $14 ain't too precious.

    Comparing Gold and Silver is nutso.
     
    FryDaddyJr likes this.
  5. -jeffB

    -jeffB Greshams LEO Supporter

    I'm trying to imagine the path of life choices that leaves someone compelled to heap praise on one semi-inert metal, while heaping contempt upon the semi-inert metal directly above it in the periodic table, and simultaneously ignoring the semi-inert metals to the left of each.

    Then again, I guess it's no more silly than getting into fist-fights over sports teams.
     
  6. myownprivy

    myownprivy Well-Known Member

    In sports there are knuckle dragging morons who support the New England Patriots. In investing there are apes who are evolved enough to know some of the problems with silver investing but still hype gold. Those "collectors" are like chimpanzees someone has dressed up in a tie and reading glasses. They're basically still just flinging poop.

     
    Last edited: Apr 13, 2019
  7. goldcollector

    goldcollector Member


    " a few" 10x rips ? You mean exactly 2 ?
    The first one some brothers went to prison, the next time it was because everyone was convinced the world was over.

    With these 2 extraordinary events silver was able to rise to the lofty heights of ..... $49. Oh boy. I know I know you all sold at $49. Amazing how after all the years of "too da moon" nonsense and Ted Butler types screaming about $500 + silver everyone now claims they sold close to $49. Lol I guarantee a lot of posters on this board have brown eyes. Real brown eyes.

    So after 2 extraordinary events silver rise to $49. Oh boy Oh boy. As soon as the pandamonium calmed down silver quickly got its are stomped, losing 5-8 times more of its value than gold. Thats some too da moon.
     
    FryDaddyJr likes this.
  8. goldcollector

    goldcollector Member


    Oh yes, a chart from the US geological survey.

    Weren't they the ones guaranteeing silver would be extinct by 2020 ?

    Lol. Roflmao.
     
  9. Richard Metcalf

    Richard Metcalf New Member

    I know the first strike is not all that important but still under melt, and for an ms70. The point is gold and silver can be found for under melt if you take the time and are willing to wait for the rare opportunity.
     
  10. Richard Metcalf

    Richard Metcalf New Member

    Is gold reaches it's all time high from to days cost you would gain about 510/oz. if silver were to hit it's all time high from to days price you would gain 25/oz. at 86:1 gold silver ratio that's a 2150 profit on the silver compared to the 510. the more volatile silver looks pretty attractive.
     
    masterswimmer likes this.
  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    A couple things, first never buy graded bullion or get bullion graded
    If you can get it below melt, that should be your focus the other things
    Are just wishful thinking.
     
    JCKTJK and FryDaddyJr like this.
  12. Richard Metcalf

    Richard Metcalf New Member

    I purchased the ms70 already graded P.C.G.S. FS $50 AGE for 14 under spot. no Brain er. The grade was a little icing on the cake.
     
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I am glad that you got for under spot :) however being graded MS70 isnt
    Anything all that special, just saying....
     
    JCKTJK likes this.
  14. Richard Metcalf

    Richard Metcalf New Member

    You are right. I would not get much more then melt if I needed to sell fast(coin shop).
     
  15. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

    Do these on line Bullion dealers ever look at the price or spot of gold... its dropping but there prices don't. I chose to start stacking some 1/10 ouncers for a while. either gold or platinum and of course I picked wrong one gold....platinum is looking like a better deal at the present.. gold is easier to say and spell anyways.....so there..
     
    mpcusa likes this.
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Most dealers take in stock at set prices or prices that they pay, so you will
    Never see them drop prices in there day to day operation, just because they
    Have to eat to...LOL
     
Draft saved Draft deleted

Share This Page