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Gold Vs. Silver?

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New Member
United States
1 Posts
 Posted 07/13/2012  10:39 am  Show Profile   Bookmark this reply Add Margie to your friends list Get a Link to this Reply
I believe that silver would be the better choice because the historical ratio of gold to silver is 16 to 1. I believe silver will return to this historic rate. At this time, silver is undervalued. I buy my bullion at http://www.cherishedgold.com and have received great service from them. Thank you for the post.
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macmercury's Avatar
United States
5832 Posts
 Posted 07/13/2012  11:56 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Gold is my prefer metal for the time being, with five thousands I would pick up as many 1/10 oz AGE as possible.
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mkfarm's Avatar
United States
667 Posts
 Posted 07/13/2012  4:05 pm  Show Profile   Bookmark this reply Add mkfarm to your friends list Get a Link to this Reply
First post and a ebay store as the best place. Ok just thought it was weird for a first post.

Gold or Silver really is too vague of a question. What are you looking to do with it? Hold it till heck freezes over or sell it tomorrow for a profit?

A stacker would or should have a different answer than some one trying to make a speculation profit.

Thus there really is not one correct choice.

Just my thoughts.

I did pick up a nice buy last night 20 Morgans for $24 each.
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traevin's Avatar
United States
1454 Posts
 Posted 07/13/2012  5:50 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply

Quote:
Gold or Silver really is too vague of a question. What are you looking to do with it? Hold it till heck freezes over or sell it tomorrow for a profit?


I can tell without knowing you that we have a bit in common besides collecting coins. I hated reading comprehension in school, too.
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Ed_B's Avatar
United States
4008 Posts
 Posted 07/13/2012  6:24 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
to the CCF forum, Margie!


Quote:
Gold is my prefer metal for the time being, with five thousands I would pick up as many 1/10 oz AGE as possible.

I can understand someone having a favorite PM, Mac, but why would you choose the high-premium 1/10th oz. coins over the lower premium 1/2 and 1 oz. coins? Just curious.
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traevin's Avatar
United States
1454 Posts
 Posted 07/13/2012  6:38 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply
I questioned that, as well, Ed. Came to the conclusion that he wanted gold coins that could be purchased for lower cost goods and services in a crisis but still keep the weight down compared the same dollar figure in silver bullion. Not a half bad idea, really. Maybe the only reason I'd consider fractional gold in such a weight.
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macmercury's Avatar
United States
5832 Posts
 Posted 07/13/2012  6:47 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Ed_B,

I think is easier to sell to the individuals in the long run and the premium get pass along to the buyer. I noted that a lot of average new comers/investors/speculators aren't willing or afford to paid for the more costly .5 or 1 oz gold, rather built up on a comfort level.

And if there's a SHTF situation if it ever comes to that, these fractional gold is easier to barter and transport, just my opinion.
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Libertad's Avatar
Canada
3692 Posts
 Posted 07/13/2012  7:47 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
amida17:
Quote:
...Libertad...I think Traevin is referencing bullets...
LOL now how did I miss that one? I thought Traevin was being serious about that.

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coinwatch's Avatar
United States
808 Posts
 Posted 07/13/2012  7:56 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
Ed said...

Quote:
why would you choose the high-premium 1/10th oz. coins over the lower premium 1/2 and 1 oz. coins?

And Mac said...

Quote:
And if there's a SHTF situation if it ever comes to that, these fractional gold is easier to barter and transport, just my opinion.


Those 1/10th coins do let you make "change" in troubled times. Bartering with only 1 ounce gold could be difficult for those smaller essential purchases. I'd definitely keep a few fractionals in my "go" bag.



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traevin's Avatar
United States
1454 Posts
 Posted 07/13/2012  8:27 pm  Show Profile   Bookmark this reply Add traevin to your friends list Get a Link to this Reply

Quote:
LOL now how did I miss that one? I thought Traevin was being serious about that.


Libertad,

You know us Americans and our long guns. Now OTOH, you're from Canada and have a built in excuse, so I didn't bust your chops.
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Canada
1723 Posts
 Posted 07/13/2012  8:40 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
oh come on now! lets play nice! :-P
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Libertad's Avatar
Canada
3692 Posts
 Posted 07/13/2012  9:19 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I am totally envious of American gun rights. Here it's all about making "peace officers" look like saints while marginalizing the struggling youth. (No offense to any law enforcement.) We have ZERO power when it comes to.... okay, no talk of politics. I'll hold my fingertips on this one. Urban Canada is becoming unsafe, let's just put it that way - that coupled with the majority of our urban centers positioned right at the American border - you can tally up the consequences.

On my original post I wanted to state the importance of 1/10ozt Au for the /exact/ reasons stated by everybody else. One ounce of gold is about the price of a jalopy, while one ounce of silver would be used for feeding the gas tank. Which one would be used daily? The silver, obviously, but you would probably get insane deals if you presented small gold over big silver. Would somebody take your 50ozt Ag brick for a daily purchase? It's hard to say. That kind of size silver is for investment, in my opinion. I think that more people would take gold over silver because of its perceived higher value. You never hear about Ancient Egyptians and their silver. But the word silver is the same for money in many languages. I think you need both to give people the option and to make change.
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BH1964's Avatar
United States
10982 Posts
 Posted 07/13/2012  9:43 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
At current prices, silver hands down is the better buy in my view. The current gold:silver price ratio is 58:1 with the average since deregualtion in the early 1970's being about 50:1.

That's a buy signal for silver and a hold signal for gold.
ANA #R3154474
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Canada
1723 Posts
 Posted 07/13/2012  10:03 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
Im envious over the american gun laws too. in a shtf case, we honest canadians are screwed. the only people that have the guns here, other than the poilce, are the hunters and the WRONG dangerous people. I wish we could all own as well.
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coinwatch's Avatar
United States
808 Posts
 Posted 07/14/2012  12:09 am  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
Talking to no one in particular...

You know, my hunting days are few and far between now but I've grown to really enjoy sporting clays. Certainly a more practical pastime for a maturing suburbanite like myself. Plenty of opportunities to practice practical shooting, cleaning and maintenance of equipment, and of course safe home storage.

I'd not be surprised to learn that many of my fellow "sporting clays" friends were stackers, too. Not that we'd ever talk about it. It is a small world after all.
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