Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Which silver bullion coins are the best to acquire?
>
Reply to Thread
Message:
<p>[QUOTE="PeacePeople, post: 1348493, member: 20082"]I want to make this perfectly clear that I'm not telling you what to do and am only giving you my opinion.</p><p><br /></p><p>You're getting a fair deal for you and the dealer and that is how relationships are built and I'd keep going this route if I were you. That stated, recent trends tell me a couple things. One is that the canadian wildlife series is a good one and if you can buy them for reasonable prices, you should consider them. The reason I say this is the wolf came out at a about $3 over spot and with spot at about $30 now, 1 year later, that coin is selling for about $50. The grizzley, which was panned about as much as the cougar came out at the same $3 over and is now market is about $40 on that coin. You can find the cougar at about $3 over spot and if recent history tells us anything, it won't be long before that has a nice quick little premium added to it as well. It gives you some flexibility to get in and out of them fairly quickly based on recent info and trends. Just one persons opinion and yours and others may vary. </p><p><br /></p><p>The other thing I'll mention is that precious metals are speculative. You need to believe they will go up and are willing to hang in there through the ups and the downs. Make a plan on how you want to get in, what you're going to do to stay in by increasing your holdings, holding your holdings or liquidating your holdings to your advantage. It's really easy to say you're going to buy and hold on for a long time, but what does a long time really mean? 6 months, 1 year, 3 years, 6 years, 10 years, 50 years??? Whatever that timeframe is you need to devise a plan on how you will manuever your holdings to your benefit. Good luck to you, but devise a plan with an exit strategy, not I'm buying because somebody told me to....that's a bad move.[/QUOTE]</p><p><br /></p>
[QUOTE="PeacePeople, post: 1348493, member: 20082"]I want to make this perfectly clear that I'm not telling you what to do and am only giving you my opinion. You're getting a fair deal for you and the dealer and that is how relationships are built and I'd keep going this route if I were you. That stated, recent trends tell me a couple things. One is that the canadian wildlife series is a good one and if you can buy them for reasonable prices, you should consider them. The reason I say this is the wolf came out at a about $3 over spot and with spot at about $30 now, 1 year later, that coin is selling for about $50. The grizzley, which was panned about as much as the cougar came out at the same $3 over and is now market is about $40 on that coin. You can find the cougar at about $3 over spot and if recent history tells us anything, it won't be long before that has a nice quick little premium added to it as well. It gives you some flexibility to get in and out of them fairly quickly based on recent info and trends. Just one persons opinion and yours and others may vary. The other thing I'll mention is that precious metals are speculative. You need to believe they will go up and are willing to hang in there through the ups and the downs. Make a plan on how you want to get in, what you're going to do to stay in by increasing your holdings, holding your holdings or liquidating your holdings to your advantage. It's really easy to say you're going to buy and hold on for a long time, but what does a long time really mean? 6 months, 1 year, 3 years, 6 years, 10 years, 50 years??? Whatever that timeframe is you need to devise a plan on how you will manuever your holdings to your benefit. Good luck to you, but devise a plan with an exit strategy, not I'm buying because somebody told me to....that's a bad move.[/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
>
Which silver bullion coins are the best to acquire?
>
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...