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<p>[QUOTE="krispy, post: 922068, member: 19065"]Sorry I'm a bit late to the party. I read most / skimmed some of the thread. </p><p><br /></p><p>I'm want to go with investing in silver given it's potential I feel it has at this time, but perhaps I can find another loop-hole in your question and that's price points and time. </p><p><br /></p><p>If you'd said at what price point we were starting out at given the 10K that might drastically determine which metal from this point of time to invest in, without the price and just the 10K to deal with, there's also time to consider, can I afford to convert the 10K all at once, a little at a time, wait a month, year, whathaveyou until I buy??? These are important things for me to consider. </p><p><br /></p><p>I'd want to know that dynamic first, however to give some insight into my approach, as of now, I'd invest in silver, and never mind the storage issues between gold and silver. If I'm buying at the current price of silver, I'd do so in increments, probably 1k per transaction and do this attempting to cover several price ranges, hopefully on the dips. </p><p><br /></p><p>With gold, I'd be more cautious, risky because I'd be tempted to wait (time potentially lost) for a pull back and buy fractional bullion in larger quantities, at the best possible price per greater number of units bought in a few individual transactions. </p><p><br /></p><p>I hope that illustrates my approach as it is the same approach or philosophy of buying I have always subscribed to: small, regular purchases, not to get hung up on the current spot price so long as spot is maintaining at levels within a few percent either way and to cover a range of prices over time. With 10K in cash at my immediate disposal, I would simply ramp up the size of my purchases.</p><p><br /></p><p>At this moment, silver is my leaning.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 922068, member: 19065"]Sorry I'm a bit late to the party. I read most / skimmed some of the thread. I'm want to go with investing in silver given it's potential I feel it has at this time, but perhaps I can find another loop-hole in your question and that's price points and time. If you'd said at what price point we were starting out at given the 10K that might drastically determine which metal from this point of time to invest in, without the price and just the 10K to deal with, there's also time to consider, can I afford to convert the 10K all at once, a little at a time, wait a month, year, whathaveyou until I buy??? These are important things for me to consider. I'd want to know that dynamic first, however to give some insight into my approach, as of now, I'd invest in silver, and never mind the storage issues between gold and silver. If I'm buying at the current price of silver, I'd do so in increments, probably 1k per transaction and do this attempting to cover several price ranges, hopefully on the dips. With gold, I'd be more cautious, risky because I'd be tempted to wait (time potentially lost) for a pull back and buy fractional bullion in larger quantities, at the best possible price per greater number of units bought in a few individual transactions. I hope that illustrates my approach as it is the same approach or philosophy of buying I have always subscribed to: small, regular purchases, not to get hung up on the current spot price so long as spot is maintaining at levels within a few percent either way and to cover a range of prices over time. With 10K in cash at my immediate disposal, I would simply ramp up the size of my purchases. At this moment, silver is my leaning.[/QUOTE]
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