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<p>[QUOTE=&quot;Two Dogs, post: 2805323, member: 85671&quot;][QUOTE=&quot;</p><p>1. <b>Storing gold is easier than storing silver. </b>Let&#039;s take a modest $25,000 of gold. That&#039;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&#039;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&#039;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![/QUOTE]</p><p><br /></p><p>I also wonder whether gold or silver is the best precious metal to purchase.&nbsp; I&#039;ve been able to buy each for about 5% over spot.&nbsp; It sure does take less space to store gold; if you are using a bank safe deposit box, then that makes the decision easy to go for gold.&nbsp; If you store at home, the bulk of silver makes it tougher for a thief to carry away. </p><p>A more important factor to me is what we think the metals will do over the long run.&nbsp; If one metal goes up 5X in the next ten years and the other goes up 10X, then all the other factors being discussed here don&#039;t look so important.[/QUOTE]</p><p><br /></p>

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