Coin Community Family of Web Sites Live Coin auctions starting as low as $1
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.
Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

So Which Is Better In A Bull Or Bear Market ? Gold Or Silver And How Do They Perform Often ?

 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 5 / Views: 1,220Next Topic  
Valued Member
Australia
73 Posts
 Posted 12/12/2022  4:22 pm Show Profile   Bookmark this topic Add crok to your friends list Get a Link to this Message
Poll Question
So which is better in a bull or bear market ? gold or silver and how do they perform often ?

Hi; I buy collector gold coins as dynastic gold for my kids.

thus I am a hobbyist collector.

now I want to become a long term speculator !!!

so which is better as a likely road to riches over time ?

gold proof coins or silver bullion or whichever ?

Poll Choices
  platinum bullion coin
  platinum bullion
  platinum proof coin
  gold proof coin
  gold coin bullion
  gold bars
  minted gold
  silver rounds
  silver bars
  silver proof coin
  silver coin bullion
  raw silver (nuggets)
  gold raw (nuggets)
  graded slabbed silver
  graded gold slabbed

Edited by crok
12/12/2022 4:24 pm
Pillar of the Community
Learn More...
United States
1425 Posts
 Posted 12/12/2022  6:29 pm  Show Profile   Bookmark this reply Add Hondo Boguss to your friends list Get a Link to this Reply
It seems that you're looking for investment advice. This forum is geared to collectors and our appreciation of coins. Perhaps you should consult an investment counselor.
Inordinately fascinated by bits of metal with strange markings and figures
Pillar of the Community
United States
958 Posts
 Posted 12/12/2022  6:40 pm  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
The historical charts for gold, silver and also stock index prices are all online. You can do a Google search and find them. It all depends on the timing, when bought, when sold. During specific time periods gold has done better or silver has done better or stocks have done better. Stocks in bull markets usually do better than gold/silver. Looks like for all of 2022 gold/silver will not be far from their prices Jan. 1 2022, much better than stock indexes which have dropped considerably except for energy stocks like oil.

For gold or silver bullion/bars, buy those with lowest premiums you can find. For collectable gold/silver coins get the highest grade you can afford IMO. Higher grade classic/rare coins have appreciated more than low grade coins I think.

Much of the gold/silver you listed is mostly dependent on spot prices. Their long term possible appreciation will be similar.

My financial advisor suggests owning 5% - 10% or so of gold/silver in investment holdings. I'm a little higher than that cause I like precious metals.
Edited by livingwater
12/12/2022 8:47 pm
Pillar of the Community
United States
5845 Posts
 Posted 12/12/2022  8:51 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Best advice for investment is low cost stock index funds.

I checked over the years and there is no long term correlation between the stock market and precious metals.

Buy what you like but not as a hedge against the stock market.
Moderator
Learn More...
Australia
15164 Posts
 Posted 12/13/2022  12:06 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The prices for "collectable bullion" - coins, nuggets and themed rounds - tends to be independent of the stock market or the bullion market, as demand for such things is driven by collectors, not investors. And the price of platinum is driven by industry and technology demand, rather than the financial sector.

The price of your collectable gold coin has two components: the bullion value, and the numismatic premium; they add together to give the total price for your coin. Now consider a time when the gold price is surging; the market value for your bullion coin isn't going to be surging quite as much, because collectors aren;t willing to suddenly pay more for coins just because the bullion price is going up. This means that while the bullion value is going up, the numismatic premium is actually going down. It's even possible for the numismatic premium to fall all the way to zero during such times, which is when coins enter the melting pot. Why would a sensible speculator want to hold onto something that decreases in value, when they can choose to hold onto something that suffers no such flaw?

As a general rule, bullion goes up when the stock market is down, and vice versa - the people fleeing the stock market during a bust or crash want to park their money somewhere, and bullion is seen as one of the "safe havens". This is especially true at times of low inflation, when parking money in the bank offers poor returns.

This may seem paradoxical to the ruling paradigm that "gold is a hedge against inflation". Over the very long term, it is true, but over short term, it usually isn't - in times of high inflation, it's usually not too hard to find somebody offering better rates of return than gold. Just consider the last time we had high inflation, during the 1970s and 1980s: first the gold price spiked, then the gold price tanked so badly, that Australians who bought $200 gold koala coins during the spike would take them to the bank for face value, rather than a bullion dealer, because the bank gave them more money.
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
Valued Member
Australia
73 Posts
 Posted 12/16/2022  08:11 am  Show Profile   Bookmark this reply Add crok to your friends list Get a Link to this Reply
i know it would be a far better strategy to consult a psychic rather than an investment advisor.

plus the psychic would have ethics !!!
  Previous TopicReplies: 5 / Views: 1,220Next Topic  
 
To participate in the forum you must log in or register.





Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2023 Coin Community Forums
It took 0.33 seconds to rattle this change. Powered By: