bought my first 1 ounce gold bar what a mistake

J

Jkenosh

New Member
Apemx was selling gold for spot price with free shipping so I took money out.of my silver fund and bought it, once I got it I wished I had bought 2 kilos of silver instead. Are there many stackers that stack silver and gold or usually just one or the other
 
Hey. Much better decision than say.. stocks. But yes at the high g/s ratio, I'd opt for the white metal first.
But hang not your head. Spot gold, free shipping. Not bad bro.
 
I'm sure the high GSR Jkenosh feeling shortchanged. I would have gone for two kilos as well.
 
Who's to say that the gsr is not going to increase.
These are times like no other.
You don't see a big rush of people here swapping
their gold for silver.

Anyway, it's good to have a bet each way..
 
Peter said:
Who's to say that the gsr is not going to increase.
These are times like no other.
You don't see a big rush of people here swapping
their gold for silver.

Anyway, it's good to have a bet each way..
Click to expand...


+1
 
Peter said:
Who's to say that the gsr is not going to increase.
These are times like no other.
You don't see a big rush of people here swapping
their gold for silver.

Anyway, it's good to have a bet each way..
Click to expand...

A bet each way is for the misinformed.
 
Jkenosh said:
Apemx was selling gold for spot price with free shipping so I took money out.of my silver fund and bought it, once I got it I wished I had bought 2 kilos of silver instead. Are there many stackers that stack silver and gold or usually just one or the other
Click to expand...

Your big mistake is you've just got your hands on some physical gold.
Gold has magical addictive powers to humans like few other materials.

Silver (& platinum) have far greater potential upsides. Their fundamentals are waaaay better than gold. But like that 1st shot of heroin or ice.... you're now going down a slippery path. You're gunna want more..and more

and as broodevlis points out, you'll look back at the chance to purchase gold at THESE LOW PRICES, AT SPOT with FREE SHIPPING and kick yourself you didn't buy more.
 
I just don't get the same excitement as I do with the silver but it seems to be holding its price. I paid 1186.00 us.
 
A bet each way is for those not overconfident.
Silver could go up more than gold, it also goes down a lot more.
I am thinking of swapping on this gsr, silver for gold.
I've lost money on silver, I'm ahead on gold.
People think that because you can buy more silver than gold for the same money,
that it a better deal.
Two Big kilo bars vrs a very small bar must be better.
 
I'd have to agree with Peter and say there's no reason why buying gold over silver now is a poor choice. Gold is the most precious of all metals in the minds of most people who value precious metals, it appears to me. Nations and central banks are no longer interested in treating silver as money but they do treat gold as money. That's not to say that silver isn't worth buying. Besides, silver is much more affordable for the average person....who will probably be getting poorer (in relative financial terms) over time...at least in many countries....so it would appear to me. That in itself may be one of the best reasons to stack silver actually....at least for many average people.

On a long term scale, there's no reason to believe the GSR won't go up or at least not drop all that much. There may be short term major drops, but not long term drops in the GSR in my view. The fantasy thinking of permabulls is absurd. Many of them want stacker noobies to believe that there will be a return to the 1:15 ratio that existed back in the Bronze Age or in some anciet period. The rare very short term drops are not at all indicative of the correlative values of gold and silver today. That 1:15 just isn't a long term reality anymore...it just isn't. Sure, I could be wrong about all this, but I see no good evidence currently to support the notion that the GSR will return (long term) anywhere close to the ancient 1:15.

Bottom line, gold at spot, free shipping, and no state sales tax...that's a good buy today.



.
 
Catch a plane somewhere and tell me if it was easier to do with 1oz gold in your pocket or 2Kg of silver, everything has it's own pros and cons
 
tbh if I had 2kgs of silver in my pocket my pants would be around my ankles....and I would probably be getting tasered by airport security for being a pervert
 
Jkenosh said:
I just don't get the same excitement as I do with the silver but it seems to be holding its price. I paid 1186.00 us.
Click to expand...



Could be because:

A) you think that good things always come in bigger packages

or

B) silver is shinier



There are plenty more coins made from silver which means plenty more designs to choose from. If you don't like one design or type of finish, you have plenty of other interesting, novel, and neat designs for the choosing.

On the other hand, with gold coins you are much more limited. I actually don't really like American Eagle design (I am glad the US Mint will be changing it soon) and so if I wanted to buy a recognizable U.S. gold coin, the only other choice I have is the Buffalo. Better design but still not better than the Aussies Lunar gold coin designs in my view. And even those pale in comparison to the great variety of silver coins designs available in any given year.



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