Gold Vs. Silver

Don't let that 33 dollar drop lure you into thinkin gold will fall in the long run, as it was a bad day, but again just one day. It may fall some more yet, via the middle east and the reactor situation perhaps, but if anything it is buying us all some time to get some more....

I prefer 1 10 of an oz size gold as do most, but 1 20's are more economical for me, and now you can get one again for a bit less than a C note, shippping and handling included....

As of close today the ratio is 38.5 silver for one oz. of Gold!

I was told a long time ago about the value of precious metals as an investment and their long-term value.

In 1920, you could buy a good suit with two pair of pants for the priceof an ounce of gold. You can do the same thing today.

There is something to be said for intrinsic value no matter how many dollars are involved.

I like both and would stack both :)

Yes Viking, I had predicted 38 bucks an oz by late Friday, hoping to jinx it an send it the other way, so we could get some more, but it just is not happening any time soon I am afraid, and hope I am wrong. Man I recall buying a mint Buffalo silver 1 oz as one of my first silver purchases, 32 total back in late January....

Kinda crazy to think one could have bought say a 100 oz Engelhard bar for say 2800 back then (a whopping two months back), and could probably move it for 3800 or more today. Thousand dollar return, not bad in two months....

Not at all bad, Silverhawk. That's better than a 35% return in just two months. Now, that's what I call an investment!

Well gold is up to 1437, and silver is almost to 38.75, yes that is right folks, an entire dollar an 27 cents short of the big four O....

I said 38 bucks by late Friday an missed it by 18 cents, and climbed a nickel or two over the weekend and took off again today it looks like. All the medals are up today again substantially I would think.....