Gold - When to jump on board?

Discussion in 'Gold' started by ScottyRS, Jun 18, 2014.

  1. ScottyRS

    ScottyRS New Member

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    I'm new to stacking, only started a few weeks ago. I've managed to get a nice collection of various Silver coins/bullion so far.

    I watched the gold & silver prices since 2011 at their peak and have stood back and watched the decline of the spot price since then. I did decide to start investing in silver now as I can't see the "value" of the coin's going down... if the spot price falls then the premium 'should' hold the value tight. Obviously less risk with Silver and 'some say' far more reward if it was to take off.

    Anyway...

    If you've not started investing in gold yet, at what point are you going to? If you have, what point did you start?

    The current price is 746.89 per KG spot. I'd like it to fall to 500 spot but unsure of the likelihood of that happening. If it did i'd be investing heavily each month.
     
  2. raven

    raven Well-Known Member Silver Stacker

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    Bloody hell..... so would we all bloke !
     
  3. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    I'm going with my usual
    :rolleyes:
    Yesterday ;)
     
  4. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    If you're sitting down to try and pick the perfect time to buy you'll (a) go crazy, and (b) almost certainly miss it.

    Buy some when you can afford it.
     
  5. betterinvestmentthanshare

    betterinvestmentthanshare Active Member

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    I don't know about everyone else, but for me..................................I have seen world turmoil brewing for quite sometime.

    If you haven't taken the opportunity to preserve in gold, here is a hint.............................I have transferred my super to CASH 2 weeks ago.

    Mind you.............I started preserving my cash into gold @ $1500au and still am.
     
  6. ScottyRS

    ScottyRS New Member

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    Not entirely sure whether some people on here are on crack or have never had a woman in their life... but for a genuine question to get answered in such a sarcastic tone is a little... lets say... odd.

    Anyway... Thanks for a decent response BIG A.D. :)

    I'm going to keep on the silver until the year end and then rock into Gold purchases. Win or lose... it's when I can get a decent amount purchased.
     
  7. raven

    raven Well-Known Member Silver Stacker

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    Ahhhh.....geez. Scotty, have a read of your template thread opener.

    The line where you write..."The current price is 746.89 per KG spot"....... We're on crack, and in need of a woman ! .....really.......well cheers.

    So you would be investing heavily yeah,.... well, I, and all my mates would have their wallets out so quick, that there would be sparks coming off the grommet which holds the pocket on itself.
    We would be on the first Bunsen Burner over there for the deal of a lifetime.

    So hows this then, how 'bout by the end of this month we see the Gold spot price have an nice little rise 'till the European summer starts, and then, and then when your daylight starts getting shorter, the last of an all time low, signalling the last, all time opportunity, before it finally breaks out and goes ballistic ! Never to be repeated, for a fantastic Christmas down the pub with all the girls.

    Stack as much precious metal as you possibly can.


     
  8. betterinvestmentthanshare

    betterinvestmentthanshare Active Member

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    Hmmmmmmmmmmmmm, Ive been keeping eye on silver for quite some time................................................I invested in gold instead.

    For the last 4 years....................................silver is no different to num coins.....................silver profit depends on mintage.
     
  9. betterinvestmentthanshare

    betterinvestmentthanshare Active Member

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    My prediction is that you will die smiling loaded poor choices...........................each to their own.............dumb asses will always be live and well in this society. Keep staken that silver :)
     
  10. ScottyRS

    ScottyRS New Member

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    Unsure what you read... but it's hardly polish.

    I'm stacking silver until the end of 2014 and then purchasing gold too... i'm sure you'd be signifying your making bad choices too then if your also buying gold? Either way... dumb asses won't read properly and will always be alive and well in their society...
     
  11. Old Codger

    Old Codger Active Member Silver Stacker

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    16th August 1971.
     
  12. ScottyRS

    ScottyRS New Member

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    Unlikely as i wasn't even born then... Wish i had purchased gold bullion with gift money though looking back. At least i'm starting now.
     
  13. tolly_67

    tolly_67 Well-Known Member

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    If you are only buying in the thousands of dollars, it will not matter.
    If you are buying in the hundreds of thousands of dollars then it will.
     
  14. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    I'd keep buying silver whilst the GSR is at 65. When it drops to sub 40, sell or swap your silver for gold.
     
  15. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Right freakin' now.
     
  16. ScottyRS

    ScottyRS New Member

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    So many options for my first 1oz gold coin. Britannia keeps edging its way forwards in my list. I've got some time to think about it before purchasing though.
     
  17. aceirus

    aceirus New Member

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    The current gold to silver spot ratio is simply too big a gap, which makes me conclude that gold is too expensive. I think silver is a better buy at current price. Until the gap tightens with silver spot catching up then I will re-consider my position.
     
  18. JulieW

    JulieW Well-Known Member Silver Stacker

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    Polny says low has been seen, a rise in June, then a fall in June then a rocket to $2000 in 2014.

    So when to jump on board? A few days ago it would seem.
     
  19. dragafem

    dragafem Well-Known Member Silver Stacker

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    seems like u should have yesterday :)
     
  20. Andyt

    Andyt New Member

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    Same as property mate, the best time to buy is always now..... Providing you have the funds.

    Playing the waiting game is only good if you are 100% certain your predictions are solid

    My 2 cents
     

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