what to buy

Discussion in 'General Precious Metals Discussion' started by thefitter, Jun 6, 2016.

  1. thefitter

    thefitter Member

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    hey all , got a phone call today saying I'm retenched from the coal mine I worked at, I'm getting a retenchment package so have 10k to spend question is what siver bars to buy ? what's members thought and plaese no dickhead comments
     
    thefitter, Jun 6, 2016
    #1
  2. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

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    10oz Perth Mint bars. They are very easy to flip if you have to bail. ;)
     
    Silver Soul, Jun 6, 2016
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  3. raven

    raven Well-Known Member Silver Stacker

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    can't go wrong with engelhard 10 oz bars x 5 for a start mate.
    ring Nicky @ gold diggers warradale, and she'll look after you !
    :)
     
    raven, Jun 6, 2016
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  4. thefitter

    thefitter Member

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    was thinking of 15xabc kg bars thought ?
     
    thefitter, Jun 6, 2016
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  5. House

    House Well-Known Member Silver Stacker

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    Why not wait until you're secure in your next job and then decide?
     
    House, Jun 6, 2016
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  6. thefitter

    thefitter Member

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    caus I'm getting a very large payout and want to invest not waste on toys
     
    thefitter, Jun 6, 2016
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  7. Aureus

    Aureus Active Member Silver Stacker

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    This isn't intended to be a dickhead response but I think there's better places to park your money, sadly, like a bank.
    Spending 10k on silver at $22.30 doesn't make much sense unless you see evidence of some sort of run up, and there is nothing to suggest it's due, infact more likely to go the other way.

    Having said that, if someone gave me 10k and said I had to spend it on silver I'd probably buy 1oz lunars while there's no real demand for them, because that sentiment is bound to change at some point in the future.
     
    Aureus, Jun 6, 2016
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  8. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    +1
     
    spannermonkey, Jun 6, 2016
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  9. GoldenEye

    GoldenEye Well-Known Member Silver Stacker

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    +2
     
    GoldenEye, Jun 6, 2016
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  10. thefitter

    thefitter Member

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    thanks for the response mate, I'm looking at the long term investment not the short term
     
    thefitter, Jun 6, 2016
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  11. ultimacash

    ultimacash Well-Known Member Silver Stacker

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    I agree with low premium kg bars
     
    ultimacash, Jun 6, 2016
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  12. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Careful, that is a defeatist attitude before you've even laid down your hard-earned.
    Time-frame matters not... it is the return p.a. that makes an good investment.
     
    wrcmad, Jun 6, 2016
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  13. alor

    alor Well-Known Member Silver Stacker

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    [​IMG]
    pictures ok :)

    would not mind a few pieces :lol:

    10oz or kilo seems to be the basic.
     
    alor, Jun 6, 2016
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