Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
the decoupling of gold and silver
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1241497, member: 26302"]I agree with physical PM as well. Most things I prefer paper assets, but lets face it, in the history of PM there has been a lot of shenanigans with PM "companies" holding your PM. I would always prefer to have my PM position in a SDB or a good home safe.</p><p><br /></p><p>Fatima is right that silver was "frothy", (my words), and gold was overlooked. I would humbly point out that right now gold may be a touch high, but agree long term it will remain a good store of value. The major problem with buying any PM is simply the acquisition costs/selling costs. They are much higher than most investments, further reiterating the need to hold these assets long term to minimize this cost.</p><p><br /></p><p>I also agree with what Fatima has said for quite a while, that gold is a major play, meaning it has so much inventory and held by such strong hands its not easily manipulatable. Silver is a thinner market so much more volatile. Volatility is great when its going your way, though. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I still say a blend of PM is probably the best way to go long term. Its just like stocks, you can have the right industry but the wrong stock. I wish I would have bought more palladium under $100 an ounce. </p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1241497, member: 26302"]I agree with physical PM as well. Most things I prefer paper assets, but lets face it, in the history of PM there has been a lot of shenanigans with PM "companies" holding your PM. I would always prefer to have my PM position in a SDB or a good home safe. Fatima is right that silver was "frothy", (my words), and gold was overlooked. I would humbly point out that right now gold may be a touch high, but agree long term it will remain a good store of value. The major problem with buying any PM is simply the acquisition costs/selling costs. They are much higher than most investments, further reiterating the need to hold these assets long term to minimize this cost. I also agree with what Fatima has said for quite a while, that gold is a major play, meaning it has so much inventory and held by such strong hands its not easily manipulatable. Silver is a thinner market so much more volatile. Volatility is great when its going your way, though. :) I still say a blend of PM is probably the best way to go long term. Its just like stocks, you can have the right industry but the wrong stock. I wish I would have bought more palladium under $100 an ounce. Chris[/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 decoupling of gold and 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...