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<p>[QUOTE="Zuhara, post: 816829, member: 23099"]My apologies, I read 1$ as 1% premium! There are certainly good arguments both ways. If you are looking for numismatic premium, ASEs are certainly a good way to go. But personally, I don't like trying to predict what kind of premiums people may be paying 1 or 5 or 10 to 20 years from now, so I try to avoid numismatic premiums. In that case, spot prices are spot prices and the closer I get to that in both directions the better.</p><p> </p><p>If one had the time, one would calculate the bid/ask spread for different forms of bullion over a period of time, factoring in premiums and shipping. I can't say I've done this, because I believe that as long as one is buying gold and silver at somewhat reasonable prices, one is going to come out better than if one doesn't.</p><p> </p><p>Just to add to the gold silver debate, I like to factor in the possibility that if currencies are revalued, and if something like the SDRs (special drawing rights) are brought in, that these are more likely to be backed at least partially by gold than by silver. In addition, all the rumors about banks and nationalities calling in their bullion, or attempting to buy more, seem to be focused on gold. Just a thought.[/QUOTE]</p><p><br /></p>
[QUOTE="Zuhara, post: 816829, member: 23099"]My apologies, I read 1$ as 1% premium! There are certainly good arguments both ways. If you are looking for numismatic premium, ASEs are certainly a good way to go. But personally, I don't like trying to predict what kind of premiums people may be paying 1 or 5 or 10 to 20 years from now, so I try to avoid numismatic premiums. In that case, spot prices are spot prices and the closer I get to that in both directions the better. If one had the time, one would calculate the bid/ask spread for different forms of bullion over a period of time, factoring in premiums and shipping. I can't say I've done this, because I believe that as long as one is buying gold and silver at somewhat reasonable prices, one is going to come out better than if one doesn't. Just to add to the gold silver debate, I like to factor in the possibility that if currencies are revalued, and if something like the SDRs (special drawing rights) are brought in, that these are more likely to be backed at least partially by gold than by silver. In addition, all the rumors about banks and nationalities calling in their bullion, or attempting to buy more, seem to be focused on gold. Just a thought.[/QUOTE]
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