HOW TO INVEST USD 13,000 IN SILVER

  • Thread starter Thread starter Dr
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Dr---Correct.

Edit---Didn't say it above, but in addition to the liquidity concern... I think it's best to go with a diversified and balanced stack. Maybe about 1/3 govt-issued 1oz coins,
1/3 private mint-issued bars (10oz max) and rounds and 1/3 higher premium "semi-numis" stuff (with the emphasis being on smaller pieces there--not kilo coins).
Whatever the vagaries and tides of future popularity trends may be, you'll always be in the middle of the road if you're diversified+balanced and you won't be at risk of
sitting on top of a large pile of one particular kind of thing which the market is no longer in love with and which has become hard to sell. That's why there's a lot to be
said for ASEs--whatever anybody has to say about them, you can always sell them (in my experience, for at least $1 over spot).
 
Fat Freddy said:
Dr---Correct.

Edit---Didn't say it above, but in addition to the liquidity concern... I think it's best to go with a diversified and balanced stack. Maybe about 1/3 govt-issued 1oz coins,
1/3 private mint-issued bars (10oz max) and rounds and 1/3 higher premium "semi-numis" stuff (with the emphasis being on smaller pieces there--not kilo coins).
Whatever the vagaries and tides of future popularity trends may be, you'll always be in the middle of the road if you're diversified+balanced and you won't be at risk of
sitting on top of a large pile of one particular kind of thing which the market is no longer in love with and which has become hard to sell. That's why there's a lot to be
said for ASEs--whatever anybody has to say about them, you can always sell them (in my experience, for at least $1 over spot).
Click to expand...


Good point, of course, always have both gov. and private mints. As we are in Europe now, maybe we buy one moster box of Philarmonics, a good under-rated coin, well known in Europe. Maybe next month we bay a monster of ASEs.

I don't understand your point about Platinum. Silver is 70 times cheaper now, with a supply and demand of 1B oz per year. OK, Pt has a supply and demand of 8M oz per year, but silver reserves are being depleted at a quick rate. By contrast, Pt is recycled, so is not being depleted. It is estimated that every person in the first world consumes around 0.4 oz silver per year just in technological apps. The population is increasing... Do the maths... In the future, maybe 20-30 years, silver and Pt can have the same price, or maybe silver will be more expensive than Pt. Why not?
 
volrathy said:
" HOW TO INVEST USD 13,000 IN SILVER " - walk into a coin shop put the money on the table buy some silver
Click to expand...

OK, then this is like "How to take a girl to your home and bed". - Go to a pub, talk nicely to a girl, invite her to your home, make love with her in your bed.
 
Dr said:
My brother just got $13,000 fiat to spare. Supposing silver is a good investment at these prices and future deflation won't bring again $5/oz, it would be very appreciated your advise. What do you suggest? Buy now or wait until $17/oz? I already thought to buy now the following:

5 units 1-kilo Kookaburras ($3,732, tax included)
5 units 1-kilo Arch Noah (beautiful coin) ($3,770, tax included)
1 unit 5-kg Umicore bar ($3,657, tax included)
4 units 10 oz Koalas ($948, tax included)
4 units 10 oz Kookaburras ($948, tax included)

Total purchase of 15kg x 32.15 oz/kg + 8 x 10 oz = 562 oz of pure silver.

Another choice is to buy a monster box of Maples ($11,872, tax included) + 5 units 10 oz Kookaburras, but in this way I get 12 oz less for the same fiat (just 550 oz).

I'm open for your comments and suggestions. Your expertise and advise will be very worthy.

Thanks in advance.
Click to expand...



In my view, it all depends on why you are buying silver coins. If as an investment to sell later when value is up then I would say your first suggested set of purchases are fine. If you believe that the currencies of major countries will collapse and you want an asset to buy to be used in a post currency-collapse world, then why not just buy the lowest premium silver blobs (non-denom bullion bars) available and skip the higher premium coins.

Personally for me, my strategy as a relatively new stacker is to diversify. Sort of like not putting all my eggs in one basket. I have a small amount of blobs, a small amount of bullion ASEs, a small amount of higher premium coins, etc.


.
 
I don't believe in semi- or numismatic coins. Two reasons:

(1) In the future, due to silver depletion, the silver content of the coin will be rarer than the coin itself. The real premium will be on the silver content, not in the design.

(2) If spot price increases, always you get more profit from low premium silver. For example: if you buy now 1 Maple at $20, and in the future the spot price is $40, you get 100% profit. However, if you buy now one numi at around $60, when the spot price is $40, maybe you can sell it at $80, just 33% profit.
 
Yeah, I agree and at these low prices I prefer the best bang for my buck. Right now that seems to be Sunshine Minting rounds locally. I'd like to sell my Grizzlies when I could get 2 Maples for each Grizzly sold (That can't be too much to ask can it, you can buy 3 maples for the price of a wolf lol). This is why I feel the semi-numi play could pay off and net you more ounces down the road. Total ounces is what counts though.
 
mmissinglink said:
Dr said:
My brother just got $13,000 fiat to spare. Supposing silver is a good investment at these prices and future deflation won't bring again $5/oz, it would be very appreciated your advise. What do you suggest? Buy now or wait until $17/oz? I already thought to buy now the following:

5 units 1-kilo Kookaburras ($3,732, tax included)
5 units 1-kilo Arch Noah (beautiful coin) ($3,770, tax included)
1 unit 5-kg Umicore bar ($3,657, tax included)
4 units 10 oz Koalas ($948, tax included)
4 units 10 oz Kookaburras ($948, tax included)

Total purchase of 15kg x 32.15 oz/kg + 8 x 10 oz = 562 oz of pure silver.

Another choice is to buy a monster box of Maples ($11,872, tax included) + 5 units 10 oz Kookaburras, but in this way I get 12 oz less for the same fiat (just 550 oz).

I'm open for your comments and suggestions. Your expertise and advise will be very worthy.

Thanks in advance.
Click to expand...



In my view, it all depends on why you are buying silver coins. If as an investment to sell later when value is up then I would say your first suggested set of purchases are fine. If you believe that the currencies of major countries will collapse and you want an asset to buy to be used in a post currency-collapse world, then why not just buy the lowest premium silver blobs (non-denom bullion bars) available and skip the higher premium coins.

Personally for me, my strategy as a relatively new stacker is to diversify. Sort of like not putting all my eggs in one basket. I have a small amount of blobs, a small amount of bullion ASEs, a small amount of higher premium coins, etc.


.
Click to expand...


Then, in accordance with my previous post underlying the importance of avoiding semi or numis, and assuming financial correction is coming sooner or later, an intelligent way to invest in silver should be the following:

40% of investment in 1 oz rounds, with the lowest premium
1/2 from gov. mints
1/2 from well known private mints
These coins would be swapped after financial correction for fiat at higher prices, food, or other services, for the daily living.

40% of investment in big silver bars, with the lowest premium
1/3 in 100 oz bars
1/3 in 5 kg bars (167 oz)
1/3 in 15 kg bars (around 500 oz)
These bars would be swapped after financial correction for land, properties, ...

20% of investment for other silver stuff I like
1 kg coins, few semis, 10 oz coins, ...
This stuff is just to play with it and swap after financial correction for other valuable goods, or just keep for decoration.

Financial collapse or not, at least 20% of all silver will be retained to pass to next generation.
 
I would personally take $5k right now and invest it into silver then i'd save the remaining $8k to see what happens with QE. I believe that when QE stops (which will be later this year or next) stocks will drop and so will the price of silver. That's when i'd invest into some stocks or buy more silver.
 
Mjduzane said:
I would personally take $5k right now and invest it into silver then i'd save the remaining $8k to see what happens with QE. I believe that when QE stops (which will be later this year or next) stocks will drop and so will the price of silver. That's when i'd invest into some stocks or buy more silver.
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Do you really think QE is gonna stop? Never trust what FED says...
 
Yes i do think they will stop. You can expect a correction in stocks, and you can expect silver to drop more when the fed talks about tapering.
 
Dr said:
I don't believe in semi- or numismatic coins. Two reasons:

(1) In the future, due to silver depletion, the silver content of the coin will be rarer than the coin itself. The real premium will be on the silver content, not in the design.

(2) If spot price increases, always you get more profit from low premium silver. For example: if you buy now 1 Maple at $20, and in the future the spot price is $40, you get 100% profit. However, if you buy now one numi at around $60, when the spot price is $40, maybe you can sell it at $80, just 33% profit.
Click to expand...

Kooks, lunars & pandas are the best silver money can buy in my opinion.
They save you from large drops in spot. Last month I was selling kooks at $36-$40, they have allowed me to weather out the silver storm without taking any kind of financial hit.

What would have happened if I had low premium Silver instead? I shudder to think about it. Each to their own, but with taper talks around (most likely next year now) it would be a brave man to put a hefty amount of money into low premium bullion.
 
roman said:
Dr said:
I don't believe in semi- or numismatic coins. Two reasons:

(1) In the future, due to silver depletion, the silver content of the coin will be rarer than the coin itself. The real premium will be on the silver content, not in the design.

(2) If spot price increases, always you get more profit from low premium silver. For example: if you buy now 1 Maple at $20, and in the future the spot price is $40, you get 100% profit. However, if you buy now one numi at around $60, when the spot price is $40, maybe you can sell it at $80, just 33% profit.
Click to expand...

Kooks, lunars & pandas are the best silver money can buy in my opinion.
They save you from large drops in spot. Last month I was selling kooks at $36-$40, they have allowed me to weather out the silver storm without taking any kind of financial hit.

What would have happened if I had low premium Silver instead? I shudder to think about it. Each to their own, but with taper talks around (most likely next year now) it would be a brave man to put a hefty amount of money into low premium bullion.
Click to expand...


In a bearish market, the best investment is not semis neither numis... the best investment is don't invest. In bullish market after the bottom, the best investment is low premium silver. I demonstrated you previously in my post.
 
Dr said:
roman said:
Dr said:
I don't believe in semi- or numismatic coins. Two reasons:

(1) In the future, due to silver depletion, the silver content of the coin will be rarer than the coin itself. The real premium will be on the silver content, not in the design.

(2) If spot price increases, always you get more profit from low premium silver. For example: if you buy now 1 Maple at $20, and in the future the spot price is $40, you get 100% profit. However, if you buy now one numi at around $60, when the spot price is $40, maybe you can sell it at $80, just 33% profit.
Click to expand...

Kooks, lunars & pandas are the best silver money can buy in my opinion.
They save you from large drops in spot. Last month I was selling kooks at $36-$40, they have allowed me to weather out the silver storm without taking any kind of financial hit.

What would have happened if I had low premium Silver instead? I shudder to think about it. Each to their own, but with taper talks around (most likely next year now) it would be a brave man to put a hefty amount of money into low premium bullion.
Click to expand...


In a bearish market, the best investment is not semis neither numis... the best investment is don't invest. In bullish market after the bottom, the best investment is low premium silver. I demonstrated you previously in my post.
Click to expand...

That isn't fact, my kooks were bought when Silver was $28oz. I bought them for $32oz, now with spot at under $20 I sold some for $40oz.
Saved me from the fall in price and made me money on top of that.

Each to their own, bars have their place in a stack but i'd never hold a significant amount over semi numismatics.
 
roman said:
That isn't fact, my kooks were bought when Silver was $28oz. I bought them for $32oz, now with spot at under $20 I sold some for $40oz.
Saved me from the fall in price and made me money on top of that.

Each to their own, bars have their place in a stack but i'd never hold a significant amount over semi numismatics.
Click to expand...


Maybe that worked for you with few ounces. But I'm afraid that doesn't work with high amounts of ounces (+1,000). Not worthy the effort. As Abraham Lincoln said: You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.
 
Obviously there are a lot of differing views here.

Clearly from reading comments over the past several months here, some people don't care what price they are paying for silver blobs (bullion bars) or coins while others are very regimented about trying to predict when the lows will be in and buy at the lowest price point they can.

Bottom line: do lots of research, determine why it is you want to buy silver, and then make buying choices accordingly.

If you do this, you will come to the best choice you can for yourself at this time.


.
 
Dr said:
roman said:
That isn't fact, my kooks were bought when Silver was $28oz. I bought them for $32oz, now with spot at under $20 I sold some for $40oz.
Saved me from the fall in price and made me money on top of that.

Each to their own, bars have their place in a stack but i'd never hold a significant amount over semi numismatics.
Click to expand...


Maybe that worked for you with few ounces. But I'm afraid that doesn't work with high amounts of ounces (+1,000). Not worthy the effort. As Abraham Lincoln said: You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.
Click to expand...
So that's it right? dismiss the facts by calling it a 1 off? that's intelligent.
Been in the game a long time, it's pretty rich to dismiss what works when you're new to the game buddy.
 
roman said:
Been in the game a long time, it's pretty rich to dismiss what works when you're new to the game buddy.
Click to expand...

I'm new to the forum, not to the game, buddy
 
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