Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
The case to be made for gold vs silver
>
Reply to Thread
Message:
<p>[QUOTE="Jason.A, post: 2798887, member: 87620"]I don't want to beat a dead horse or flood the forum, but after lots of thinking and reading many replies to other topics I and others have started, I decided to put it all in one single topic. There is no judgement in this post. This is my reason for choosing gold over silver. I am curious what other people choose and why they choose it. I am also curious if you observe flaws in my rationale.</p><p><br /></p><p><br /></p><p>Today's spot</p><p>Gold: $1232</p><p>Silver: $16</p><p>The following prices compared below are based on buying current year 2017 gold and silver Eagles from JmBullion.</p><p><br /></p><p><br /></p><p>1. <b>Storing gold is easier than storing silver. </b>Let's take a modest $25,000 of gold. That's a little over 20 ounces of gold, weighing about 1.37 pounds. That can be stored in 20 total coins. On the other hand, storing $25,000 of silver is 1,562 ounces, or over 107 POUNDS. That's also 1,562 one ounce coins!</p><p><br /></p><p>2. <b>Premiums on gold are much lower than premiums on silver.</b> In order to recoup your premium in the future, the price of each commodity must rise by at least that much for you to get your money back. Let's say you are deciding between gold and silver American Eagles.</p><p>You will pay approximately:</p><p>American Silver Eagle $19.50 per coin You are paying 21% over spot</p><p>1 ounce Gold Eagle $1300.00 per coin You are paying 5% over spot</p><p><br /></p><p>On your $25,000, you will have paid around $1,250 premiums on the gold vs over $5,000 of premium into the silver!</p><p><br /></p><p>3. <b>Gold does not tarnish, tone, or milk spot.</b> Ultimately, bullion is just bullion to most. However, a less than average piece of bullion that is heavily scratched, has changed color, or developed other "damage" will be less desirable. Gold is not susceptible to these environmental changes. Buying gold instead of silver greatly increases the risk of not losing one's premium due to damage.[/QUOTE]</p><p><br /></p>
[QUOTE="Jason.A, post: 2798887, member: 87620"]I don't want to beat a dead horse or flood the forum, but after lots of thinking and reading many replies to other topics I and others have started, I decided to put it all in one single topic. There is no judgement in this post. This is my reason for choosing gold over silver. I am curious what other people choose and why they choose it. I am also curious if you observe flaws in my rationale. Today's spot Gold: $1232 Silver: $16 The following prices compared below are based on buying current year 2017 gold and silver Eagles from JmBullion. 1. [B]Storing gold is easier than storing silver. [/B]Let's take a modest $25,000 of gold. That's a little over 20 ounces of gold, weighing about 1.37 pounds. That can be stored in 20 total coins. On the other hand, storing $25,000 of silver is 1,562 ounces, or over 107 POUNDS. That's also 1,562 one ounce coins! 2. [B]Premiums on gold are much lower than premiums on silver.[/B] In order to recoup your premium in the future, the price of each commodity must rise by at least that much for you to get your money back. Let's say you are deciding between gold and silver American Eagles. You will pay approximately: American Silver Eagle $19.50 per coin You are paying 21% over spot 1 ounce Gold Eagle $1300.00 per coin You are paying 5% over spot On your $25,000, you will have paid around $1,250 premiums on the gold vs over $5,000 of premium into the silver! 3. [B]Gold does not tarnish, tone, or milk spot.[/B] Ultimately, bullion is just bullion to most. However, a less than average piece of bullion that is heavily scratched, has changed color, or developed other "damage" will be less desirable. Gold is not susceptible to these environmental changes. Buying gold instead of silver greatly increases the risk of not losing one's premium due to damage.[/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
>
The case to be made for gold vs silver
>
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...