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Which Is Better To Invest In? Silver Or Gold?

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nod2003's Avatar
United States
3294 Posts
 Posted 08/29/2012  9:04 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I had no idea you could still get paper stock certificates. Why would anyone want to do that though?
Valued Member
Gallienus's Avatar
United States
167 Posts
 Posted 08/30/2012  12:19 pm  Show Profile   Bookmark this reply Add Gallienus to your friends list Get a Link to this Reply
I like copper. This is why recently I bought a Roman [Republican] cast Aes Grave, [ca 235 BCE] one of the largest circulating coins made. It's copper [bronze alloy] and weighs ~ 270 g.

I simply cannot afford gold and this year, despite buying $500. of half dollars, is the first in maybe 40 years that I haven't gotten a silver coin in change! Silver's okay as long as I get it at face.
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basebal21's Avatar
13014 Posts
 Posted 08/30/2012  1:28 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:

I had no idea you could still get paper stock certificates. Why would anyone want to do that though?


To basically buy and sell easier with price movement. As far as I'm concerned theyre good for purely investment purposes but nothing more
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silverdollar2011's Avatar
United States
385 Posts
 Posted 08/30/2012  3:18 pm  Show Profile   Bookmark this reply Add silverdollar2011 to your friends list Get a Link to this Reply
Silver is THE BEST investment that you can make, it is sooo undervalued that investors like me have lost thousands each year on silver propaganda, silver supplies and the silver itself. It is the best hedge against hyperinflation that our government does not want to prevent, why own cash when you could own physical silver not money made from thin air... blah blah blah blah blah.
I'm stalling my "accumulation" of silver, basically due to the vast avalibility of silver and the large presence of silver in the public's eyes now, it wouldn't make sense to invest in silver since the only surge that it had seen was in the 1980s when some random brothers sold their stash. Really, I wouldn't think that would happen anymore. If it does happen I wouldn't really care lol.

I'd go with Gold if I had the money because it is more stable and a more accurate measure of our economy which allows better and more accurate price predictions. But I'm starting my 2nd year of college at the University of Washington and have been thrown a bill of around $4,500 worth of tuition lol, not including books and other supplies. But if I had the money, I would buy gold for my family.
In simpler words,
SILVER is way too mainstream now. There are already many victors who have profited.
One metal that I have my eyes on right now is Nickel, I believe that it is very scarce and quite rare since it is produced solely by only 3 nations: Netherlands, Canada and France. I currently collect 100% Pure Nickel World Coins. I like this metal because an example of its important use can be seen during World War II when silver nickels replaced nickels.
Anyways, thanks for reading :) and have a great day guys.
Edited by silverdollar2011
08/30/2012 3:19 pm
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traevin's Avatar
United States
1454 Posts
 Posted 08/30/2012  4:46 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
silverdollar2011,

Well, I'll gladly trade you some pure nickles for any pure silver that you ever happen to run across, ounce for ounce; considering how silver is "way too mainstream" and perhaps you're expecting a major bull run on nickel that will leave silver in the rear view mirror at some point in your lifetime. Citing World War II doesn't help your argument, though, unless you're preparing for the apocalypse, when the hardness of nickel for bullets will certainly be far more highly desirable then silver... the notable exception being if your job is trapping for werewolf pelts.
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GRR's Avatar
United States
310 Posts
 Posted 08/31/2012  12:34 am  Show Profile   Bookmark this reply Add GRR to your friends list Get a Link to this Reply
I don't think hoarding nickel is a bad idea. It's been worth a lot more than it is now. Probably makes more sense than hoarding copper. It can be had in 100% pure form from coinage usually at face value.
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silverdollar2011's Avatar
United States
385 Posts
 Posted 08/31/2012  04:13 am  Show Profile   Bookmark this reply Add silverdollar2011 to your friends list Get a Link to this Reply
Thanks for your support, GRR and thank you for your response, traevin. Nickel has so many uses that are not often thought of. The first word that comes up in my mind when I see the word nickel is military. This metal armors our M1 Abrams tanks that protects the values and freedom of our nation. Nickel is also used as a catalyst in hydrogenating vegetable oils too, it even powers our non alkaline nickel cadmium heavy duty batteries. Most importantly, it is used to make steel. Without it, we wouldn't have any steel. :D, now how important is that? I consider the value of our buddy, Ni-ck lol to be between copper and silver? Even our sewage system uses Nickel to help with the processes of desalination. Basically it's the most important non precious and hard core industrial metal that's available out there. It's hard to find too, only small weak nations have this stuff like New Caledonia. Well we have Canada by our side but just saying demand is going to explode if supply is cut short.
The image below shows all of the active nickel mines in the world, notice how there's a lot of Nickel in Russia.
Which-Is-Better-To-Invest-In?-Silver-Or-Gold?
Edited by silverdollar2011
08/31/2012 04:24 am
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silvercoinrn's Avatar
United States
863 Posts
 Posted 08/31/2012  06:09 am  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
And the last run on silver was not in the 80s, it was last year. It was well intothe 40s.
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Sap's Avatar
Australia
16830 Posts
 Posted 08/31/2012  07:29 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
Silver tends to go up faster then gold but also down faster then gold when the time comes...

I agree. Let's turn the OP statistics around, and examine what happened between two other time periods...

January 2000 to September 2011

Silver went from about $5.50 to $42
Gold went from about $300 to $1800

Both increased by a lot, but silver by a slightly higher percentage. The silver statistic would look even better if you move the date from September back to May, when silver hit its max of $49.

Silver increase: 760%
Gold increase: 630%

September 2011 to January 2012

Silver went from about $42 to $29
Gold went from about $1900 to $1600

Both decreased by a lot, but silver by a much higher percentage.

Silver decrease: 31%
Gold decrease: 16%

So it's safe to conclude that, in recent history at least, silver has been much more "volatile" - and volatility is not always a good thing. Gold is "better" in the sense of being "safer".
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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sel_69l's Avatar
Australia
21788 Posts
 Posted 08/31/2012  08:17 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If it is to be long term, Pt,is probably the best just for now.
Normally Pt is more than Au per ounce. It has been LESS for some time recently.
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stewart's Avatar
United States
1126 Posts
 Posted 08/31/2012  09:16 am  Show Profile   Bookmark this reply Add stewart to your friends list Get a Link to this Reply
Don't believe the cheerleaders or the naysayers
Take the time to do your own empirical research and
come to take the actions that best fit your particular circumstances

Here are a few short Readers Digest version reasons of
why I voted the way I did and in which priority I put
each of the metals I purchase

Vote: Silver


1st PHYSICAL Silver: One of the most strategically important metals
of the 21st century,almost every electronic device today uses Silver,
Not just consumer uses which are prone to drops in economies
leading to less sales But all Major Military's are VERY dependent
on high tech equipment.

Medical: Silver has Anti-Microbial properties, bacteria dies
when it comes into contact with Silver. The amount of medical
uses for Silver is growing exponentially in recent years.

Mining: Where as in years past mines measured Silver grades in ounces per ton of ore extracted,
they are now down to measuring grams per ton of ore extracted.
along with the ever
increasing prices of diesel and electric to run the mines.

Recycling: Very little of the Silver used today gets recycled,
because the current low price of Silver and the small amounts
used in each of the millions of electronic devices or antibacterial
applications, makes it non cost effective to recover. And we are
just putting it back into the ground in landfills, and very quickly
depleting the above ground stocks.

GSR: (Gold Silver Ratio) these metals coming out of the ground in
mines roughly come out at a ratio of 10-15 oz's Silver for every
1 oz's of Gold, Yet the the paper Gold to Silver Ratio hovers
near 50 oz's of Silver to 1 oz Gold....Unsustainable

Money: Silver has been used as a store of value and for trade
for over 5000 years. It is only since the 60's for us that
there has been now precious metals in our coinage.
A very short time.

2nd PHYSICAL Gold: In the last few years Since 2007-2008 every country and Central Bank on the
Planet has made a major shift in their actions concerning Gold
They have been sellers of Gold for decades and now there is a race
going on to accumulate as much as they can. (Those at the top know
something is coming)
Has been used as a store of value and for trade
for over 5000 years

And thank you for bringing this up silverdollar2011
3rd PHYSICAL Nickel
Another very important strategic metal. for all of the
reasons cited above in previous posts.
And the only (mostly) pure metal
coin that can be had for face value
Not one nickel has left my house in quite some time


Paper Assets: Not a Chance

With the recent events of MF Global and PFG Best. Stealing customers
segregated accounts and not one person has gone to jail.
and the 7th district court of appeals recent
decision that when a person hands their money over to a bank it is no
longer theirs, it is the banks property
We have turned a corner in the world of ANY Paper assets
This the first one I could find for reference, There are many more
articles out there on the the subject below


Quote:
According to a federal appeals court ruling, Thursday, Bank of New York Mellon's secured loan will be put ahead of customer segregated accounts held by Sentinel--a landmark ruling that turns individual segregated accounts into the property of a third party under circumstances of duress. In other words, if a financial institution fails, clients, depositors and pension funds may not get some or all of their money back in a bankruptcy.

In essence, under the ruling, Securities Investor Protection Corporation (SPIC), Federal Deposit Insurance Corporation (FDIC) and other insurance programs no longer will/can protect customer funds, leaving millions of investors, depositors and retirees unaware that they are no longer account holders of their own funds, per se, but, instead, have suddenly become stockholders of the institution with which they have deposited their money.

http://www.beaconequity.com/now-ban...-2012-08-15/

This has been fun

Terry
Edited by stewart
08/31/2012 09:26 am
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Ed_B's Avatar
United States
4008 Posts
 Posted 08/31/2012  7:44 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I had no idea you could still get paper stock certificates. Why would anyone want to do that though?

As a way to protect your assets, Nod. If your broker holds your stocks "in street name", they essentially belong to the broker to manage in your name. If the brokerage company fails, they can grab those assets, liquidate them, and use the money to keep their company afloat. This happened at Sentinel, MF Global, and at PFG-Best. There are some VERY sticky fingers out there in the financial world that consider what's theirs as theirs and what's ours as up for grabs. Stock certificates registered in your name are physically delivered to you and no bankster or brokster can grab them from you.

It does make selling your stocks slower and more difficult, though, as you have to take the certificates to the local office for your broker in order to sell them. Can't do it with a few mouse clicks like you can with shares owned in street name and held by the broker. In years past, this made it a good choice to hold your shares in street name so that you could sell the shares quickly, if necessary. These days, however, the threat of theft by your broker may well be greater than any problems caused by not being able to sell shares quickly. You risk a 100% loss via a failed brokerage but maybe only a 10-15% loss via not being able to sell quickly. If your brokerage fails and disappears, it does not affect the stocks you own and hold yourself but it sure can affect anything that is owned in street name, hypothecated, re-hypothecated, etc.
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 08/31/2012  8:28 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
For some reason I read that as stocks for silver, I agree with Edb and just forget what I said in my last post.

The most important thing really is to just keep an eye on everything. If you have a substantial investment just get out when it looks like its going to be another MF Global. Better to take a small loss than risk it all. Other times you can gamble itll recover if the investment is small and could bring back a great reward. But investing is unique to each individuals situation
Valued Member
Shirayasha's Avatar
United States
141 Posts
 Posted 09/01/2012  01:50 am  Show Profile   Bookmark this reply Add Shirayasha to your friends list Get a Link to this Reply
silver is better to invest in, it will make you more money. I put equal amounts of money into both gold and silver, and silver has paid off about 200, while gold has paid off around 60. however gold is just so amazing, its tempting not to own some.
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Libertad's Avatar
Canada
3692 Posts
 Posted 09/01/2012  11:29 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
silverdollar2011: Nickel is scarce? Sorry, but come to Canada or Australia where it is abundant. It's all about location. We're knee-deep in nickel.
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