Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Stacking in Canadian 80%
>
Reply to Thread
Message:
<p>[QUOTE="Jason.A, post: 2763863, member: 87620"]All valid points. You can make more money later</p><p><br /></p><p><br /></p><p>That's a fair point. However, my general strategy of silver investing is as follows:</p><p><br /></p><p>When the price seems particularly low, I buy government issued bullion (such as Maples, ASE, Brittanias, etc.).</p><p><br /></p><p>When the price is higher, I buy no premium or under spot Canadian 80% silver currency.</p><p><br /></p><p>When the time to sell comes (presumably when the price of silver has gone up significantly over the years), I will sell the government bullion for a very nice profit and a premium, and I will sell 80% Canadian currency at the much higher spot price of the day.</p><p><br /></p><p>Now, of course silver could tank. However, if that's the case, then I only paid higher premiums when the price was lower than average, and I paid spot when melt was higher. So, it's a bit of a hedge to buy both.</p><p><br /></p><p>The problem I see in 90% American currency is it's harder for the ordinary person who is not a dealer to resell and recoup any of its premium. That's why I buy more Canadian and less American.[/QUOTE]</p><p><br /></p>
[QUOTE="Jason.A, post: 2763863, member: 87620"]All valid points. You can make more money later That's a fair point. However, my general strategy of silver investing is as follows: When the price seems particularly low, I buy government issued bullion (such as Maples, ASE, Brittanias, etc.). When the price is higher, I buy no premium or under spot Canadian 80% silver currency. When the time to sell comes (presumably when the price of silver has gone up significantly over the years), I will sell the government bullion for a very nice profit and a premium, and I will sell 80% Canadian currency at the much higher spot price of the day. Now, of course silver could tank. However, if that's the case, then I only paid higher premiums when the price was lower than average, and I paid spot when melt was higher. So, it's a bit of a hedge to buy both. The problem I see in 90% American currency is it's harder for the ordinary person who is not a dealer to resell and recoup any of its premium. That's why I buy more Canadian and less American.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Stacking in Canadian 80%
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...