1/10 oz gold

Discussion in 'Gold' started by copperhead, Dec 12, 2015.

  1. copperhead

    copperhead Active Member

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    Iv been persistent and each month I push a little harder to include Gold with my silver purchases
    I decided the premium on the 1/10 was ok ,
    as the day may come and gold could fly
    1/10 should remain affordable
    Thing is when I start to stack the gold
    the value of just ONE 1/10 coin
    Slaps me in the face with reality
    the exceeded value of gold compared to silver
    causes me to wonder Do I have enough Silver ?
    Should I push for gold only ?
    But then the concession seems to go back to
    silver as a better future return
    But gee - three 1/10 Gold eagles
    has a value of $360 more or less
    compared to 24 ounce generic silver ounce rounds Give or take .
    IDK but is gold King ??
     
  2. Peter

    Peter Well-Known Member

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    Silver is potentially the greates profit getter.
    Also the possible greatest losser.
    Silver is gambling.
    Gold is insurance.
    Silver is down 60%_ from its high,
    Gold 15% aud.
    Things look like there getting worse.
     
  3. raven

    raven Well-Known Member Silver Stacker

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    My take is that all the Gold mined is still around, and Silver isn't.
     
  4. bubbleboy

    bubbleboy Member

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    Very true, silver is used like a commodity and varies greatly in both price and available stockpiles. Gold doesn't change much even with mining the total stock is more stable and discrete than anything else on the planet.

    If you want to trade a commodity for profit, silver! If you want to keep your profits once earned then it's currency investments or gold.
    The World Bank suggests that gold is even more stable than currency. Today currency is traded for profit like silver and no longer a good way to store your profits like gold.

    "What I suggested is that gold serves as a key reference point to allow people to assess the relations between different currencies,"
    http://en.people.cn/90001/90778/98506/7239822.html
     
  5. Monsta

    Monsta Member

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    Gold's density of value is far, far higher than silver. So yes, you need about 2.5 Kilos of silver to match a single ounce of gold.

    As mentioned by Peter, the gains to be had are far higher from silver, which can treble in USD terms before it hits the all time high. Gold on the other hand only requires an 80% rise in USD pricing before the all time high is reached.

    Personally, I find Silver more accessible, easier to buy reasonable amounts, and has the biggest upside potential. But you should also have some gold, and hopefully Platinum or Platinum group metals (Palladium, Rhodium).
     
  6. PeterS

    PeterS Member

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    Maybe the best advice is a bit of each. That decided, and if the premiums are ok, then Copperhead's reasoning on 1/10 for affordability, availability etc seems good. Certainly it would reduce bulk problems with an all silver stack of the same value.
     
  7. ego2spare

    ego2spare Well-Known Member

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    por qu no los dos?
     
  8. fishtaco

    fishtaco Active Member Silver Stacker

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    I only buy 10ths and 1g certicards, the premium is way too high but the actual cost /outlay of small amounts is fast forgotten but the gold still accumulates over time :)
     
  9. fishtaco

    fishtaco Active Member Silver Stacker

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    You cant compare silver to gold ratio,s unless you compare apples to apples! the ratio of premium silver to low premium gold and high premium gold to low premium silver is not possible, you have to compare low premium to low premium because high premium is only ever in the value of the beholder!
     
  10. Currawong

    Currawong Member Silver Stacker

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    Like Fishtaco said: Fractional coins can be bought with fractional amounts of wage.
    I can still spend a little bit on 1/10, 1/4 or world gold coins like pesos, francs, ducats, etc and not have to live on ramen for a month to compensate for a bigger outlay.
     
  11. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    If you think commodities have bottomed then buy silver and platinum. If you think monetary collapse is coming buy silver and gold. If you think broad economic collapse is coming buy gold. If you think geopolitical turmoil is coming buy gold. If you think that commodity demand is going to outstrip dwindling economically accessible supply then you definitely want to buy platinum then silver. If you think the Chinese or Russians will create a gold backed currency then what you should do is obvious, buy chicken fingers and royal crown cola.
     
  12. copperhead

    copperhead Active Member

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    Just buy and no concern of premiums
     

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