When I was in the Marines we had a similar thing, We called it a 'J allotment'.
But yea 10% up to 10k.
A few guys I knew did it and put the full 10K. I wish I had done it.
At todays average prices $10,000 will get you (with out premiums) about 250 ounces at $40.00/ounce.
silver would have to rise to $43.00/ounce to equal $10,750.
So if you think silver is going to go up more than $3 in the next 9 months, then silver may be the better bet.
But thats if you wanna put it all on black.
Be smart, you know what you should do. You hear it here all the time.
Diversify.
If it were me, right now, knowing what I know. I would do;
$5,000 in to that fund at a guaranteed 10% return.
$1,650 (once ounce worth) in to Gold
And the rest into Silver, as much as I could get ounce wise with as few premiums as possible. (90% most likely)
I say one ounce of gold because I dont expect it to do much, but given the state of the economy and global perception of the Fiat dollar, who knows, and if gold spikes to $2,000/ounce by early next year, youll have at least gotten something for it.
Since these investments are known as "short positions" you want to make them in ways that if one fails (silver) another can cover the loss (10% return fund) and the others that do well are your guaranteed positive return.
tl;dr
Diversify. 50% into promised return, split the rest on the maybes.
But yea 10% up to 10k.
A few guys I knew did it and put the full 10K. I wish I had done it.
At todays average prices $10,000 will get you (with out premiums) about 250 ounces at $40.00/ounce.
silver would have to rise to $43.00/ounce to equal $10,750.
So if you think silver is going to go up more than $3 in the next 9 months, then silver may be the better bet.
But thats if you wanna put it all on black.
Be smart, you know what you should do. You hear it here all the time.
Diversify.
If it were me, right now, knowing what I know. I would do;
$5,000 in to that fund at a guaranteed 10% return.
$1,650 (once ounce worth) in to Gold
And the rest into Silver, as much as I could get ounce wise with as few premiums as possible. (90% most likely)
I say one ounce of gold because I dont expect it to do much, but given the state of the economy and global perception of the Fiat dollar, who knows, and if gold spikes to $2,000/ounce by early next year, youll have at least gotten something for it.
Since these investments are known as "short positions" you want to make them in ways that if one fails (silver) another can cover the loss (10% return fund) and the others that do well are your guaranteed positive return.
tl;dr
Diversify. 50% into promised return, split the rest on the maybes.
Edited by Namachieli
08/01/2011 7:03 pm
08/01/2011 7:03 pm



















