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<p>[QUOTE=&quot;tommybee, post: 933325, member: 24999&quot;]Joey - I&#039;m heavily invested in silver right now. I have about 1000 oz. I have SAE&#039;s, junk silver, generic rounds and bars. </p><p>&nbsp;</p><p>I like silver for two reasons. 1. It is a precious metal. 2. It is an industrial metal. Accordingly, if the economy doesn&#039;t improve it should increase in price as a precious metal as more people buy it as a hedge against inflation, etc. However, if the economy picks up industrial demand should also take silver higher. </p><p>&nbsp;</p><p>I see gold as an all or nothing investment. You are betting that the economy stays the same or worsens. If it improves enough to instill current gold investors with confidence in the market, they&#039;ll dump gold and buy stocks. Gold prices will then plummet as a lot of gold is sold and floods the market.</p><p>&nbsp;</p><p>All investments have risks. Silver is more versatile and, I think, more liquid than gold. That being said, if you do want to buy gold now, don&#039;t over look pre-1933 common date gold coins. Particularily, double eagles. Prices are dropping on some of the more common dates in MS 62 and below. If you buy these, you won&#039;t take so much of a hit (because of their numismatic value) if the economy improves and gold tumbles to $800 an ounce. </p><p>&nbsp;</p><p>Good luck.[/QUOTE]</p><p><br /></p>

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