1/10 oz gold

copperhead

copperhead

Active Member
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 ??
 
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.
 
My take is that all the Gold mined is still around, and Silver isn't.
 
raven said:
My take is that all the Gold mined is still around, and Silver isn't.
Click to expand...

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
 
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).
 
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.
 
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 :)
 
copperhead said:
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 ??
Click to expand...

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!
 
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.
 
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.
 
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