I'm considering a decent-sized investment in precious metals this week...but, am torn between ~15 ounces of gold, or 1000 ounces of Silver. Many factors have me leaning towards Silver, especially considering the GSR is over 80. Or, possibly...I will consider waiting, as I'm not certain this stock market "recovery" is going to last more than a few months. Suggestions?
Lucky you and congrats! My choice would be silver rather than gold right now. I wouldn't wait too long....though there will be normal volatility (ups and downs in the spot) I think 2016 is the year of the return of the bull market in precious metals therefore prices will be on an upward trajectory rather than downward. .
I'd whack at least some in some speculative shares. If you think either gold or silver is going to perform, then it stands to reason that mining shares will perform too. Oil is a decent medium term bet too.
I like the play on oil, and was considering some of the major players. I wanted to "think" as little as possible...just putting it into a safe place without talking myself out of it. Long term, I like my chances for a nice profit...but my expectations are reasonable!
I presume you would already have an investment strategy. So why not go 1/3 on volitile investment like gold and silver mining shares. Gamble a 1/3 gold and 1/3 on silver.
if you are holding for the long term (15-20 years) then 1/4 gold and 3/4 silver. For short term, don't buy all at once, instead buy in increments.....
If I had "1000 ounces of silver" to spend, then I would be looking at a Monsterboxes. 15x 1KG PAMPs, 50x 10oz RCM bars....With the current 80:1 GSR right now that is all I would be doing. You also have the option of Silver Eagles. My plan would be to swap half into gold once GSR hits 40:1, and the rest at 35:1 or however the market seems to be going. You could also invest in gold and silver miners, the remainder in fractional gold - 1/10 and 1/4 coins. All depends on what you are looking for, but physical Silver is probably the safest bet. Teh miners will give you the higher returns, and the oil side could also provide spectacular gains once enough producers go bankrupt and the supply drops.
You mean this? http://www.optionsxpress.com.au/ You can trade US shares with that? Seems to do everyone but, more an analysis tool?
