It's Golds turn to shine and it's the talk of the town, well this town anyway but if gold reaches $1800 by Xmas will silver follow his big brothers steps? I ask you all this, will you be buying a ticket with your fiat to traveling gold class or silver class? I for one have been tossing this idea around in my head for about two weeks. I've got a fist full of fiat ready to buy another 400oz of silver, mainly Dragons and PM bars or split my fiat between 1oz gold and silver dragons. My brain tells me silver will be a better choice long term but my sheepy tells me travel gold class.
If you have 15 k - 20 k to invest in pms I'd split the purchase 200 oz.s of silver and 5 oz of gold would be pretty sweet too. Ask much as silver has potential for gains gold holds more security and is also delivering gains. If it were me I'd consider grabbing a 1 oz. Platinum platypus, and a 1 oz palladium maple and split the rest between silver and gold. Platinum and palladium are starting to look like a good sleeper buy. I'd like to get some platinum and palladium but it doesn't seem worth doing unless you're making a large purchase as fractionals are hard to come by and the premiums can be re-donkulous!
AUD 1800 will be interesting to see. The exchange rate has added a whole new dimension of volatility to spot now. Saw a 1c swing in about 90 minutes this morning, first a dip then a spike.
