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<p>[QUOTE="WingedLiberty, post: 1241540, member: 26030"]OK ... I just put my money where my mouth was.</p><p><br /></p><p>I just traded 1000 junk Franklin's and 15 rolls of ASE's for 13 AGE's and a small amount of cash. It's interesting but since I acquired these with silver coins bought at much lower prices, my actual cost basis is a bit over $1000 for each 1 ounce AGE.</p><p><br /></p><p> I still have a lot of silver in my stash, but just wanted to increase my gold holdings. I don't know if this was a wise trade for the short to medium term or not. Time will tell. All investing is, ultimately, a gamble. However if we are going into a slowdown or recession, silver could lag gold as the industrial demand wanes. I really have no idea though.</p><p><br /></p><p>I wouldn't be surprised to see a big sell-off in gold (maybe a $100 down day) any time -- it's run so far so fast. However, I think that would be just another buying opportunity. </p><p><br /></p><p>In any case, I bought these AGE's as a hedge against dollar devaluation for the next 3 to 5 years, so I don't sweat the day to day or week to week moves.</p><p><br /></p><p>By the way, I have never seen an AGE plastic tube before ... it's kind of cool ... this is almost 3/4 filled with what I bought. A roll of AGE's is sort of a wild thing to behold. These are off to my bank's safe deposit box now.</p><p><br /></p><p>[ATTACH]132935.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1241540, member: 26030"]OK ... I just put my money where my mouth was. I just traded 1000 junk Franklin's and 15 rolls of ASE's for 13 AGE's and a small amount of cash. It's interesting but since I acquired these with silver coins bought at much lower prices, my actual cost basis is a bit over $1000 for each 1 ounce AGE. I still have a lot of silver in my stash, but just wanted to increase my gold holdings. I don't know if this was a wise trade for the short to medium term or not. Time will tell. All investing is, ultimately, a gamble. However if we are going into a slowdown or recession, silver could lag gold as the industrial demand wanes. I really have no idea though. I wouldn't be surprised to see a big sell-off in gold (maybe a $100 down day) any time -- it's run so far so fast. However, I think that would be just another buying opportunity. In any case, I bought these AGE's as a hedge against dollar devaluation for the next 3 to 5 years, so I don't sweat the day to day or week to week moves. By the way, I have never seen an AGE plastic tube before ... it's kind of cool ... this is almost 3/4 filled with what I bought. A roll of AGE's is sort of a wild thing to behold. These are off to my bank's safe deposit box now. [ATTACH]132935.vB[/ATTACH][/QUOTE]
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the decoupling of gold and silver
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