Gold Vs Silver

Discussion in 'Gold' started by The Accountant, Apr 5, 2011.

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  1. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Are you referring to the kangaroo coins or did you get some bars?
    i've liked the bars but they have a hell of a premium the last time i looked (US sites).
     
    Naphthalene Man, Apr 6, 2011
    #21
  2. Guest

    Guest Guest

    Nope, a few 1oz rounds, but mostly coins. 1c and 2c coins.
     
    Guest, Apr 6, 2011
    #22
  3. PrettyPrettyShinyShiny

    PrettyPrettyShinyShiny Well-Known Member

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    What do you see happening for copper? Price per weight sucks.. what do you see the price per oz of copper being? and how long away?
     
    PrettyPrettyShinyShiny, Apr 6, 2011
    #23
  4. Stedlar

    Stedlar Active Member

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    I have some 1 and 2 cent coins that I let the kids play with from time to time. I don't see how they'll be worth anything in my life time.
     
    Stedlar, Apr 7, 2011
    #24
  5. STC

    STC Well-Known Member Silver Stacker

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    I have some copper rounds & some bars.. Just in case.
     
    STC, Apr 7, 2011
    #25
  6. Goldrush

    Goldrush Member

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    I agree that Silver probably has more short term potential than Gold, but Gold is and always has been money. Look at the other thread here, about how the Central Banks are now buying gold again.

    http://forums.silverstackers.com/to...changer-central-bank-buying-mike-maloney.html

    There is a reason why they are buying gold and not Silver, and I think I want to be on the side with all the money and power.

    Gold, Profitable business and Real Estate is the end game for me.
     
    Goldrush, Apr 7, 2011
    #26
  7. The Accountant

    The Accountant New Member

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    I'm with you Goldrush - businesses run well will generate 30% plus in good and bad times - just a matter of making sure that expenses are variable and preferably outsourced. Commercial real estate provides immediate and strong cashflow and Gold ties the whole thing together and wards off inflation - a recipe made in heaven.

    I've got some GOLD ETF's that are really giving me the shfts - Gold going up and they go nowhere - got to dump them I think and go fully physical.
    Problem is - serious money in physical PM needs security and got to get comfortable with these custodial services such as Guardian In Melb and The Reserve Vault in Brisbane. anyone use the Brisbane one? And is the one in Sydney up and running?
     
    The Accountant, Apr 7, 2011
    #27
  8. Goldrush

    Goldrush Member

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    I hear you. It's the reason I have stopped buying anymore physical. I loaded up on some more pmgold today as I feel it's a good product and almost as good as holding physical without the security issues.

    Which gold ETF's are you holding?
     
    Goldrush, Apr 7, 2011
    #28
  9. STC

    STC Well-Known Member Silver Stacker

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    I plan to turn my silver into gold when the time is right.
    Isn't that almost everybodys plan?
     
    STC, Apr 7, 2011
    #29
  10. The Accountant

    The Accountant New Member

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    I'll turn my Gold into real estate and businesses at the right time - you can't take it with you and cash flow buy's lifestyle.
     
    The Accountant, Apr 7, 2011
    #30
  11. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    +1 whether that real estate is my curent house or another rentable property is yet to be determined.
     
    Naphthalene Man, Apr 7, 2011
    #31
  12. Gold Kiwi

    Gold Kiwi New Member Silver Stacker

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    The wildcard is the Free Gold scenario or even a new global reserve currency partially backed by gold. The price of gold would be revalued overnight.
     
    Gold Kiwi, Apr 7, 2011
    #32
  13. rbaggio

    rbaggio Active Member Silver Stacker

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    What is 'normally'?
     
    rbaggio, Apr 7, 2011
    #33
  14. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    mmm....shiney!, Apr 7, 2011
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  15. Ilikemetals

    Ilikemetals Member

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    Ilikemetals, Apr 9, 2011
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