What Would You Invest In Right Now?

The only problem with fractional gold is the high premium. Gold will have to move a lot to make anything. You can buy more then a few oz of silver for $500. If you are looking for a little higher quality you can get early 60's proof sets for around $22 or slabbed Peace MS63 for under $45 and MS64 for under $65 in some auctions. I have seen MS64 Peace dollars going for $55 on a regular basis. You have a lot of options with $500.

http://www.ebay.com/sch/i.html?_nkw...&_trksid=m37



Just kidding.

I bought some silver today. I don't know if it is going to go up or down. But I don't like having a lot of money laying around the way they are printing it. Even if (I guess I mean when) the economy picks back up and things stabilize, wages and prices will be higher numerically in dollars.

Just my thoughts.

Bullets and beans come to mind, otherwise silver lots of silver.

Silver seems to be increasing at a larger rate- if you bought 1/10th of an ounce gold, and gold went up $20 an oz., you would only make a $2 profit. If you bought about 17 oz. of silver, and silver went up $2, you would make $34.

Hey there!

I am assuming you are talking about coins, more to the point bullion, I would like to make a suggestion-

I always feel in buying coins, IF you are asking about investing/speculating with bullion, that you go with QUALITY over quantity.

Therefore I suggest you

1- buy a quarter proof gold coin from the US Mint.
2- Buy a proof Silver Eagle from the US mint
3- a couple of China pandas

Do a mix and match of these. Dont worry that you arent adding a ton of ounces. you are better off having the cushion from quality coins should prices dip lower AFTER you have bought.

Now, if you arent thinking coins-

1- Put half in a savings account or if you dont have an IRA, open one.

2- use the other half and put it in the stock market. buy an index ETF such as SPY or DVY which would give you dividend paying stocks and re-invest the divys.

In my experience I wouldn't be afraid of the premiums on fractional gold if that's what you're interested in. You can get a majority of that back when you sell if you do your due diligence. Around here, the premium on a 1/10 oz gold eagle and a silver eagle are pretty close anyway at 10-12%. A lot of people aren't willing to pay an extra $15-20 for a 1/10 oz gold eagle, but have no problem paying $3-4 over for silver eagles. I guess I just don't see the difference.

I agree with the "if" part of your comment. Yes, I also would LOVE it if the "when" part was realistic but I'm just not seeing it. Almost nothing is being done to bring it about, so if it happens, it will be because the economy has fixed itself in spite of and not because of all the "help" inflicted on it by the Fed and the Gov.

What to invest in right now is a very tricky question because there is so much manipulation of the market right now. Near zero long term rates, the buying of junk from the banks by the Fed, Gov policies that are all over the map, and WAY too much emphasis on short-term improvements in the economy at the expense of long term progress. Not to mention the huge annual deficit, foreign trade deficit, and a national debt that is verging on being unpayable.

The good news is that silver is still reasonable in price and adding to a decent sized stack is still possible. 90% silver US pre-1965 coins, rounds, and bars are cost effective ways of creating a good stack for the future.