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<p>[QUOTE="CaspersCoins, post: 194816, member: 7343"]<b>Silver</b></p><p><br /></p><p>Key points as to why I suggest that people invest in silver.</p><p><br /></p><p>The gold to silver ratio favors silver. At the current prices the ratio for every one ounce of gold you buy, you could have 42.24 ounces of silver. On a good day for the market gold may increase by 10.00 an ounce, you would make 10.00. if silver went up a quarter, you would make 10.56. 56 cents may not sound like a lot but, If you had 10k dollars worth of silver you stand to make much more. </p><p><br /></p><p>As of right now gold is up 4.00 and silver is up .17. with your 42.24 ounces of silver you just made 8.20, Opposed to only 4.</p><p><br /></p><p>You can sell as much or as little as you want of silver. With gold, a lot of money is tied up into one coin. I see this frequently people that only need a couple hundred dollars are forced to sell the entire ounce. Silver is easier to sell for the amount that you need. </p><p><br /></p><p>Here are the draw backs with Silver</p><p><br /></p><p>If you are investing major money into silver you better have an entire room in which to store it. Silver is heavy, this posses problems to the elderly and the spouses that most of you will leave your silver to. </p><p><br /></p><p>Storage in a bank vault is not particle.</p><p><br /></p><p>You can fit 13,340 worth of gold into one coin roll, which you could carry in your pocket. It would take almost 1000 ounces of silver to equal that amount (62.5 pounds) Good luck totting that around.[/QUOTE]</p><p><br /></p>
[QUOTE="CaspersCoins, post: 194816, member: 7343"][b]Silver[/b] Key points as to why I suggest that people invest in silver. The gold to silver ratio favors silver. At the current prices the ratio for every one ounce of gold you buy, you could have 42.24 ounces of silver. On a good day for the market gold may increase by 10.00 an ounce, you would make 10.00. if silver went up a quarter, you would make 10.56. 56 cents may not sound like a lot but, If you had 10k dollars worth of silver you stand to make much more. As of right now gold is up 4.00 and silver is up .17. with your 42.24 ounces of silver you just made 8.20, Opposed to only 4. You can sell as much or as little as you want of silver. With gold, a lot of money is tied up into one coin. I see this frequently people that only need a couple hundred dollars are forced to sell the entire ounce. Silver is easier to sell for the amount that you need. Here are the draw backs with Silver If you are investing major money into silver you better have an entire room in which to store it. Silver is heavy, this posses problems to the elderly and the spouses that most of you will leave your silver to. Storage in a bank vault is not particle. You can fit 13,340 worth of gold into one coin roll, which you could carry in your pocket. It would take almost 1000 ounces of silver to equal that amount (62.5 pounds) Good luck totting that around.[/QUOTE]
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