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Coins Or Bullion?

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Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 01/22/2012  11:46 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Say silver is $50oz and I pay 60 for a maple..10%priemum.

That's 20% premium.
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 01/22/2012  11:58 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Whatever you do do it on a downturn in the silver price.
i just had a look at kitco and silver is starting to get expensive already
New Member
Canada
30 Posts
 Posted 01/23/2012  01:19 am  Show Profile   Bookmark this reply Add cwalker to your friends list Get a Link to this Reply

Quote:
That's 20% premium.


Hahaha yes....yes that is 20%. woops.


Quote:
Whatever you do do it on a downturn in the silver price.
i just had a look at kitco and silver is starting to get expensive already



Yeh....bought as much as I could afford here over the last couple weeks. Aint much unfortunatly.....Layed off till spring and E.I isn't very generous if you ask me. Might have a part time cash job lined up tho, so that will be nice, sorta havin 2 paychecks commin in.

I think ill keep buying when I can afford, up to $35 then take a break for a bit...see what happens from there.


Edited by cwalker
01/23/2012 01:22 am
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Ed_B's Avatar
United States
4008 Posts
 Posted 01/23/2012  7:48 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I have a hard time parting with my money and I'm wondering which is a better investment. "Junk Silver" or bullion. - CWalker

Just remember this. When we buy PMs, whether as coins, bars, rounds, or even jewelry, we are not spending money. We are merely converting one form of money into another form of money. In this case, it is the conversion of paper into silver or gold. In either case, what we have after buying is still money!

One of the neatest things about PMs is the variability that we have. There are just so many different ways we can go with it. Personally, I find that all of them have their pluses. I started with ASEs, added some Maples, some bars, and then some 90% US silver coins. So far, my collection still includes just these 4 basic types of silver. All are good, IMHO. Next up, I want to add some gold.
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