Gold Or Silver - Page 2 - Coin Community Forum

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Author	Replies: 22 / Views: 4,313	Page: of 2

Gold4Ever Valued Member United States 170 Posts	Posted 04/08/2015 10:58 pm I don't see it as an investment myself but more of a way to protect value in bad times or a better way of having a alternate savings account that may or may not pay gains.. if gold or silver rise in price then the dollar has grown weak which means you get more dollars because it buys less and silver and gold have really not changed at all. The better question would be .. is the dollar a good investment of a days labor. Report this Post to the Staff
johntookit Pillar of the Community United States 589 Posts	Posted 04/08/2015 11:12 pm Quote: Buckeyecoinguy To me sometimes it is more simple than making the best investment. The secret to investing is just learning the saving mentality. So many people just can't save. If a paycheck to paycheck spender decides to spend a few bucks on some silver coins, that is a massive step forward in life. Is it the best possible investment, probably not at the moment. It is a better investment than a Big Gulp 44 ounce pop every day on the way to work. My choice was Gold coins. Report this Post to the Staff
coinwatch Pillar of the Community United States 808 Posts	Posted 04/09/2015 12:28 am Critics of gold will always bring up the lack of interest earnings or dividends. However, a little mentioned advantage of gold is that there's no carrying cost. No property tax, no upkeep, no depreciation, and no management fee. Nope, it's no great investment, but it's a darn fine place to park some wealth you want to preserve. Report this Post to the Staff
Parklane64 Rest in Peace United States 2668 Posts	Posted 04/09/2015 12:40 am Or negative interest Swiss five or ten year bonds. Report this Post to the Staff
DaSlayer Valued Member United States 204 Posts	Posted 04/09/2015 12:52 pm Thanks for all of your opinions! Report this Post to the Staff
welder Pillar of the Community United States 1037 Posts	Posted 05/04/2015 4:48 pm Both. Report this Post to the Staff
DaSlayer Valued Member United States 204 Posts	Posted 05/08/2015 06:11 am Does anyone know how to close a poll? Report this Post to the Staff
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