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Nwtm, Good Investment?

 
 
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Pillar of the Community
United States
608 Posts
 Posted 01/11/2019  12:28 pm Show Profile   Bookmark this topic Add NDBirdman to your friends list Get a Link to this Message
Just picked up some Northwest Territory Mint 1 oz rounds, are these decent rounds to have? I had not heard of this mint but there has been a recent run on silver at the shop I was at, they were all they had. They did not even have any 1 or 10oz bars which is what I prefer. Picked up 80 of them, all look good and shoot at .999 so atleast all silver.
Rookie with bad eyes, take what I say with a grain of salt and call an expert in the morning!
Pillar of the Community
United States
784 Posts
 Posted 01/11/2019  12:41 pm  Show Profile   Bookmark this reply Add thisistheshow to your friends list Get a Link to this Reply
I don't know that they will ever command a premium but it is still silver.
Pillar of the Community
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United States
3661 Posts
 Posted 01/12/2019  03:39 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I own a bit of silver, but for investment purposes? Never.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
United States
608 Posts
 Posted 01/12/2019  12:32 pm  Show Profile   Bookmark this reply Add NDBirdman to your friends list Get a Link to this Reply

Quote:
I own a bit of silver, but for investment purposes? Never.


For a real investment, I would go a different way. I love the silver and look at them as a hedge against my investments. While I recently lost more than I care to admit in the market, my silver stayed constant. It's up a little, not enough to call it a real gain, it is keeping my over-all retirement plan somewhat on level ground.
Rookie with bad eyes, take what I say with a grain of salt and call an expert in the morning!
New Member
Canada
20 Posts
 Posted 01/12/2019  10:55 pm  Show Profile   Bookmark this reply Add Silvercoin2011 to your friends list Get a Link to this Reply
The mint went bankruptcy if I remember well. So no more NWTM bars and rounds. Rounds will stay near spot. But bars will increase in premium. I sold already 1 oz bars for 3x $ when silver was 1x $ CAD !
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