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<p>[QUOTE="Jason.A, post: 2798929, member: 87620"]That's an excellent consideration.</p><p><br /></p><p>However, we must think about the following:</p><p><br /></p><p>Even for that person who may have only $150 or so of disposable income in a month for precious metals, buying gold over silver still makes the best sense.</p><p><br /></p><p>With $150, we'd be talking about one 1/10th gold Eagle per month or about 7 or so Silver Eagles. My three points in the opening post still completely apply or mostly apply.</p><p><br /></p><p><br /></p><p>1. Storage considerations in this scenario are similar. For $150.00 of precious metal purchases would be one 1/10 gold coin to every 7 silver coins. For $25,000 worth, it would be just under 200 gold 1/10oz coins vs 1562 silver 1 oz coins. Total weights are still about the same (200 oz of gold vs 1562 oz of silver).</p><p><br /></p><p>2. For premiums, we'd still be talking about 9-10% or so premium on the 1/10th oz of American Eagle gold pieces each month compared to over 20% for the same dollar value of silver Eagles. In this scenario, silver buyers are still way overpaying on premiums compared to gold buyers.</p><p><br /></p><p>3. Same issues on spotting, tarnishing, etc. exist for this scenario. Silver gets damaged. Gold does not.[/QUOTE]</p><p><br /></p>
[QUOTE="Jason.A, post: 2798929, member: 87620"]That's an excellent consideration. However, we must think about the following: Even for that person who may have only $150 or so of disposable income in a month for precious metals, buying gold over silver still makes the best sense. With $150, we'd be talking about one 1/10th gold Eagle per month or about 7 or so Silver Eagles. My three points in the opening post still completely apply or mostly apply. 1. Storage considerations in this scenario are similar. For $150.00 of precious metal purchases would be one 1/10 gold coin to every 7 silver coins. For $25,000 worth, it would be just under 200 gold 1/10oz coins vs 1562 silver 1 oz coins. Total weights are still about the same (200 oz of gold vs 1562 oz of silver). 2. For premiums, we'd still be talking about 9-10% or so premium on the 1/10th oz of American Eagle gold pieces each month compared to over 20% for the same dollar value of silver Eagles. In this scenario, silver buyers are still way overpaying on premiums compared to gold buyers. 3. Same issues on spotting, tarnishing, etc. exist for this scenario. Silver gets damaged. Gold does not.[/QUOTE]
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