Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Strategy for the beginner/intermediate investor?
>
Reply to Thread
Message:
<p>[QUOTE="Ana Silverbell, post: 2454569, member: 75156"]My preference is to collect pre-1965 U.S., silver coins but that probably would not work for you since you seem ready to buy and sell quickly: this sounds like "day trading." You want to speculate on short-term silver prices moving up and down. I hope I am not kicked off of Coin Talk for saying what I am about to say but if I am correct, why would you buy physical silver? Why not save up a larger investment fund and buy a precious metals ETF and trade "paper" instead of physical metals? This is not investment advice but a query. (I am not sure stocks or ETFs are any different than gambling or playing the lottery.)</p><p><br /></p><p>As we saw, the Brexit vote created a momentary bump up for precious metals but not the sustained climb PM buyers expected. This was because there are too many unanswered questions: <i>Will</i> the UK actually leave the EU? Even if it does, <i>when</i>? <i>What</i> does a Brexit practically mean?</p><p><br /></p><p>Because these questions won't be answered for years, there was no imminent need to panic and the initial PM price surge slowed.[/QUOTE]</p><p><br /></p>
[QUOTE="Ana Silverbell, post: 2454569, member: 75156"]My preference is to collect pre-1965 U.S., silver coins but that probably would not work for you since you seem ready to buy and sell quickly: this sounds like "day trading." You want to speculate on short-term silver prices moving up and down. I hope I am not kicked off of Coin Talk for saying what I am about to say but if I am correct, why would you buy physical silver? Why not save up a larger investment fund and buy a precious metals ETF and trade "paper" instead of physical metals? This is not investment advice but a query. (I am not sure stocks or ETFs are any different than gambling or playing the lottery.) As we saw, the Brexit vote created a momentary bump up for precious metals but not the sustained climb PM buyers expected. This was because there are too many unanswered questions: [I]Will[/I] the UK actually leave the EU? Even if it does, [I]when[/I]? [I]What[/I] does a Brexit practically mean? Because these questions won't be answered for years, there was no imminent need to panic and the initial PM price surge slowed.[/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
>
Strategy for the beginner/intermediate investor?
>
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...