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<p>[QUOTE="InfleXion, post: 1354483, member: 29012"]Not to deliberately repeat other posts, but the owner of my local coin shop told me if he would have invested in bullion instead of rare coins he would have retired already. Me personally, I like metal for metal. Collectibility comes with premiums, and requires that if/when you plan to sell that the premium is still recoverable. If your goal is wealth preservation then gold is a no brainer. If your goal is to have a metal that is becoming increasingly rare (7-10 times less available than gold above ground), and that is the most undervalued (silver has the highest margin requirement of any commodity) and necessary for technological devices then I would go for silver. $30K is a lot of silver, so if you go for mostly silver make sure you have a big heavy gun safe that's not easy to move. All this being said, the base case for metals is inflationary monetary policy. If that doesn't happen you may not be in line for the returns you'd hope. Stocks could outperform, but the thing that makes metals attractive is that they always have value even if you lose some of that value. Stocks can go to zero if a company goes out of business, bonds can go to zero if a government gets overthrown, and we've already seen that the futures market can have customer funds stolen without any repercussions or refunding of the stolen funds due to the MF Global precedent. The one thing I would point to, and it's open to interpretation and debate, is that the DOW/gold ratio is currently in a downtrend in favor of gold, and based on trends over the last century still has room to go before the downtrend is over.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1354483, member: 29012"]Not to deliberately repeat other posts, but the owner of my local coin shop told me if he would have invested in bullion instead of rare coins he would have retired already. Me personally, I like metal for metal. Collectibility comes with premiums, and requires that if/when you plan to sell that the premium is still recoverable. If your goal is wealth preservation then gold is a no brainer. If your goal is to have a metal that is becoming increasingly rare (7-10 times less available than gold above ground), and that is the most undervalued (silver has the highest margin requirement of any commodity) and necessary for technological devices then I would go for silver. $30K is a lot of silver, so if you go for mostly silver make sure you have a big heavy gun safe that's not easy to move. All this being said, the base case for metals is inflationary monetary policy. If that doesn't happen you may not be in line for the returns you'd hope. Stocks could outperform, but the thing that makes metals attractive is that they always have value even if you lose some of that value. Stocks can go to zero if a company goes out of business, bonds can go to zero if a government gets overthrown, and we've already seen that the futures market can have customer funds stolen without any repercussions or refunding of the stolen funds due to the MF Global precedent. The one thing I would point to, and it's open to interpretation and debate, is that the DOW/gold ratio is currently in a downtrend in favor of gold, and based on trends over the last century still has room to go before the downtrend is over.[/QUOTE]
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