Discussion in 'Bullion Investing' started by Tyler, Apr 1, 2013.
I have no idea what those charts say.
Current price $5,241.32
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I don't know if the OP was serious or not but its funny how everyone lines up to take a crap on the idea and of course it turns out they were all wrong.
On April 1 2013 silver was over $28 now its $15.
On the same day bitcoin was $51 now its $5400.
If someone had $1000 in silver and held it would be worth $520 now if they swapped it for bitcoin it would be worth over $107,000.
And just about every post is hating on bitcoin.
You bet against the silver crowd, you win every time.
How has gold performed in that same time period?
I believe you'll find an ~20% loss from then to date for Gold. I'm selling my Hunt Brothers era purchased Silver currently to purchase high grade pre-1933 certified Gold coins. How about you.
I recently liquidated some 401K assets to realize a greater loss than the U.S. Gold coins I've accumulated over the years on a continuous dollar cost average basis.
I'm looking for current tangible investment tips. Can you provide some?
Much worse than Bitcoin.
Much better than Silver.
Difference is I have never made an anti-bitcoin comment.
1891 $5 Liberties PCGS in MS 61-62 can be found for $500-$550.
PCGS population in MS is under 200 for the 1891.
Should be way higher than $150-$200 over spot.
If you're "into" that design of U.S. Gold coin, I believe this coin would be a better buy: https://www.ebay.com/itm/1873-20-Li...536855?hash=item1a7693a397:g:VKIAAOSw5~pcbsc0
You can also locate beautiful 1900 MS64 CACed double eagles for less than ~$1800.
In the past I found the $5 Gold Indians to be a good buy, but in a relatively depressed market they're selling for an appreciably greater price. I've many MS Liberties purchased in the past at a fair price, with hardly any interest.
OH, LORD! Don't let it be! HAHA
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