Which PM is Going to Be the Most Explosive??

Discussion in 'Bullion Investing' started by fretboard, Nov 13, 2020.

  1. fretboard

    fretboard Defender of Old Coinage!

    Bubba Horwitz thinks silver will have the biggest percentage potential for profits, what do you think! :singing: They talk about this starting at around 4:00. Daniela Cambone is an actual investor and holder of gold, that's why I like to watch her videos. Plus, all the heavy hitters interview for her. What do you think about silver, do you think investors should be buying more silver and less gold? :D Do you own more silver than gold? Are you still buying silver?

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  3. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I haven't watched your video yet. I'm at work and have to maintain a boss-like demeanor...... I been a hoarder for a lot of years. Silver holdings get out of hand rapidly. I love silver and I love gold and it is painful to me to let anything go. But I did get to a point not long ago where I took quite a stack of silver to my dealer buddy and swapped him for double eagles. I have one box of gold in my safe at home and another in my bank deposit box. I got silver in two safes at home and one safe at work. I may start digging holes.... It's just unmanageable when you are a hoarder like me. But I would bet they will be fairly equal in their losses or returns. Whichever that may be.
    Stevearino likes this.
  4. fretboard

    fretboard Defender of Old Coinage!

    Yeah, I feel the same way after all, most of my silver and gold are pieces that really caught my eye and most of them are not bullion pieces at all. It will be tough to decide which ones to part with but we'll see! Now, back to work for you young man! :D
    Stevearino and Randy Abercrombie like this.
  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    Gold will be the higher price point but silver will outperform percentage wise.
    capthank likes this.
  6. fretboard

    fretboard Defender of Old Coinage!

    Yep, I've been thinking of buying more silver but it's nothing definite, I guess you could say I have fleeting thoughts about it! :D
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'm only buying coins unless something really good comes along.
    fretboard likes this.
  8. ZoidMeister

    ZoidMeister Hamlet Squire of Tomfoolery . . . . . Supporter

    "Most explosive" . . . . ?

    Typically lead, jacketed with copper . . . . .

    CamaroDMD, Idoono and Stevearino like this.
  9. GoldFinger1969

    GoldFinger1969 Well-Known Member

    These opinions are un-investable. They're all over the place.
  10. slackaction1

    slackaction1 Supporter! Supporter

    They are leaning toward PM's going upward and not down though. PM's and Investment in same sentence..... I have bought a little since the rise but sold none. The election had little or no effect on the rise or fall.. November almost half over no movement, so what is it now after the first of year. Does the vaccine announcement have any affect on the PM movement or price?? asking for a friend..
  11. longshot

    longshot Enthusiast Supporter

    Well guys I'm a farmer. I don’t know how many times I've heard it.....Grain prices are going through the roof! We can never meet demand! The sky's the limit! etc., etc., etc.
    What happens? Prices go up some, demand evaporates like snowflakes in a fire, prices go back down. I suspect PM's are much the same.
    Generally it's the unexpected, the unforeseeable, that leads to spikes.
    medoraman, ZoidMeister and Stevearino like this.
  12. Mr.Q

    Mr.Q Well-Known Member

    This is exactly why we have an investment advisor. We are very fortunate, why, he is family. He has not steered us wrong yet. Thanks for the post, good luck.
  13. fretboard

    fretboard Defender of Old Coinage!

    Tough question about the vaccine, I would think anything about a vaccine won't happen for at least a couple of years maybe even longer, so to me that's a non-issue. Besides, the upside of a vaccine would mainly benefit stock holders in the health field sector, but that's a total guess. :inpain: The world is in a huge mess due to covid-19, but that's not the only issue. As far as the election goes that's beneficial to the price of PM's as the new green deal will require solar energy which will take some silver to make, that's another reason many think silver will do really well!! That said, we'll see! :D

  14. medoraman

    medoraman Supporter! Supporter

    I agree. If it's easily foreseeable, it will be priced into the market already. Its always the unknowns. This is why I admit I have no idea what will happen. I slowly accumulate assets over time, diversifying, buying when assets out of favor. I buy my pm when no one wants it, and premiums are low. Same for other asset classes. I will never be 100% right, but my goal is not to be 100% wrong.
    fretboard likes this.
  15. Gilbert

    Gilbert Part time collector Supporter

    In value, my silver exceeds gold. The down side of silver is weight and volume. At one time I was buying a lot of US junk silver but now buy silver eagles. I know a lot of people like the private mint issues but to my thinking they are not as widely recognized as junk, and therefore not quite as liquid.
  16. medoraman

    medoraman Supporter! Supporter

    I would see just the opposite. I think alternative energy is very bearish for pm. One, the use of copper is high for all forms, which will lead to more copper mining, which has to produce more byproduct ounces of gold and silver. Also, I think moving to alternative energy will depress the price of oil, which will make it much cheaper, also leading to more production. Oil is the main input into the price of gold and silver.
    fretboard likes this.
  17. GoldFinger1969

    GoldFinger1969 Well-Known Member

    The vaccine(s) are already here. The Pfizer announcement of a 90% effective prevention rate was a blockbuster. Normally, 50-60% is targeted.

    We could have mass innoculations begin by April of next year and you could have most of the United States vaccinated within 6-12 months.
  18. fretboard

    fretboard Defender of Old Coinage!

    Yes, certainly a possibility, I mean I've heard about it on the news but we'll see. I mean I hope things move forward with a vaccine in April but I have doubts. That said, it will be interesting to see what happens to PM's after we're all vaccinated. :D
    GoldFinger1969 likes this.
  19. Bman33

    Bman33 Well-Known Member

    I sold some of my silver this year to realize some nice profits. I did sell a little bit of gold for the same reason. Now I am reloading a little and I am going in with gold a lot heavier than I used to. Silver has been performing weird this year. For 2021 I am using a strict DCA approach in order to catch the running average.
  20. fretboard

    fretboard Defender of Old Coinage!

    Great plan, I use the CYA approach! j/k :D I feel gold will definitely go up as the demand alone has gone through the roof and then some! I wouldn't say gold to the moon just yet, but it's definitely going upward!! ;)
  21. Clawcoins

    Clawcoins Well-Known Member

    Plutonium or uranium or similar would be the most explosive.
    longshot likes this.
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