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<p>[QUOTE="chasva69, post: 600006, member: 18014"]Dunno if it's a flaw but a coupla comments: 1) I wouldn't buy silver based on the reasoning that the spread between it and gold has never been wider. People have been saying that for the last couple of years and it just kept getting wider and wider - and can get much wider yet. These two commodities have decoupled, and I don't see any reason for that to change. Silver is basically an industrial commodity whereas gold is recognized worldwide as a storehouse of value, especially when tensions in the world ratchet up as they have recently.</p><p> </p><p>2) "High grade morgans" are numismtic items, not bullion. Rarity and condition drive their prices; I don't think the fluctuation in silver prices affects the value of these coins much at all.</p><p> </p><p>3) Silver may be more affordable than gold, but what does that tell you? Rich people, people with money buy gold. Physical silver would just take up too much storge space to be practical as a storehouse of value. If you belive silver's price will rise, maybe better to play it buying some futures contracts.[/QUOTE]</p><p><br /></p>
[QUOTE="chasva69, post: 600006, member: 18014"]Dunno if it's a flaw but a coupla comments: 1) I wouldn't buy silver based on the reasoning that the spread between it and gold has never been wider. People have been saying that for the last couple of years and it just kept getting wider and wider - and can get much wider yet. These two commodities have decoupled, and I don't see any reason for that to change. Silver is basically an industrial commodity whereas gold is recognized worldwide as a storehouse of value, especially when tensions in the world ratchet up as they have recently. 2) "High grade morgans" are numismtic items, not bullion. Rarity and condition drive their prices; I don't think the fluctuation in silver prices affects the value of these coins much at all. 3) Silver may be more affordable than gold, but what does that tell you? Rich people, people with money buy gold. Physical silver would just take up too much storge space to be practical as a storehouse of value. If you belive silver's price will rise, maybe better to play it buying some futures contracts.[/QUOTE]
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