How would you spend $10K on gold & silver

In my humble opinion, if you are planning on putting it away for the long term ---- $10k GOLD all the way.

Caveat - I'm uber bullish on GOLD being a winner but SILVER has the potential to out perform. Emphasis on potential. Both are going to do just fine ;)


EDIT TO ADD


If you buy GOLD go for 1oz Perth Mint coins (assumption you are in Oz). GST Free, 1oz low premium

If you buy Silver go for Bars
 
Nugget said:
In my humble opinion, if you are planning on putting it away for the long term ---- $10k GOLD all the way.

Caveat - I'm uber bullish on GOLD being a winner but SILVER has the potential to out perform. Emphasis on potential. Both are going to do just fine ;)


EDIT TO ADD


If you buy GOLD go for 1oz Perth Mint coins (assumption you are in Oz). GST Free, 1oz low premium

If you buy Silver go for Bars
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Yeah, was also thinking about all gold... less bulky, less volatile price-wise, set and forget kinda thing. 1 oz gold coins eh? But as you say silver can out perform in short to medium term. AAUUUGGGHH!! IT'S ALL TOO MUCH!!!! Maybe I'll just give him $10k cash and tell him to go and have a good time. Wish someone did that for me at 14.... :lol: Aah, maybe not.
 
Silvester said:
Nugget said:
In my humble opinion, if you are planning on putting it away for the long term ---- $10k GOLD all the way.

Caveat - I'm uber bullish on GOLD being a winner but SILVER has the potential to out perform. Emphasis on potential. Both are going to do just fine ;)


EDIT TO ADD


If you buy GOLD go for 1oz Perth Mint coins (assumption you are in Oz). GST Free, 1oz low premium

If you buy Silver go for Bars
Click to expand...


Yeah, was also thinking about all gold... less bulky, less volatile price-wise, set and forget kinda thing. 1 oz gold coins eh? But as you say silver can out perform in short to medium term. AAUUUGGGHH!! IT'S ALL TOO MUCH!!!! Maybe I'll just give him $10k cash and tell him to go and have a good time. Wish someone did that for me at 14.... :lol: Aah, maybe not.
Click to expand...

If you're too confused you could just chuck your money into a term deposit lol...

$10k @ approximately 7% PA would give you 7k in 10 years if you ignore compounding interest :p

Or toss it into an index on the share market and let it run its flow.

Or buy gold and bury it in the backyard ;)
 
Dude have you looked at Palladium? I am stacking Palladium Maples at 1:10 with my silver.

I have chosen not to stack gold as with the high gold:silver ratio currently coupled with the amount of above ground gold tied up in jewelry etc compared with the silver that has been consumed in industry.

Palladium however is on the verge of an explosive growth in industry phase. Already an important component in low commission's car production for catalytic properties. The real unseen potential for palladium however comes in the fuel cell/cold fusion developments. Palladium is a key component in many successful such trials I have been privileged to read about.

The key reason for this technology not yet being available and reported by mainstream media (apart from big oil interests) is the requirement for higher purity palladium than is currently available given current technology/costs. You will note Palladium maples come in a purity of 995 not the 999 you see in gold and silver.

However I foresee a time by where the technology to refine palladium to the standards required is simply a matter of time, as dictated by the petrodollar's control and impending collapse.

At 700 per oz based on current demand where would you price palladium if you saw on the 6 o'clock news tomorrow that a Chinese car manufacturer was selling cars built on a palladium/water power plant?
 
RicHARD said:
Dude have you looked at Palladium? I am stacking Palladium Maples at 1:10 with my silver.

I have chosen not to stack gold as with the high gold:silver ratio currently coupled with the amount of above ground gold tied up in jewelry etc compared with the silver that has been consumed in industry.

Palladium however is on the verge of an explosive growth in industry phase. Already an important component in low commission's car production for catalytic properties. The real unseen potential for palladium however comes in the fuel cell/cold fusion developments. Palladium is a key component in many successful such trials I have been privileged to read about.

The key reason for this technology not yet being available and reported by mainstream media (apart from big oil interests) is the requirement for higher purity palladium than is currently available given current technology/costs. You will note Palladium maples come in a purity of 995 not the 999 you see in gold and silver.

However I foresee a time by where the technology to refine palladium to the standards required is simply a matter of time, as dictated by the petrodollar's control and impending collapse.

At 700 per oz based on current demand where would you price palladium if you saw on the 6 o'clock news tomorrow that a Chinese car manufacturer was selling cars built on a palladium/water power plant?
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Godammit ... That hem9 just half inched my last ounce ;)
 
Drop all the cash into physcal silver. With the GSR ratio like this especially. Under $35 and your laughing.
 
Forge said:
THUCYDIDES79 said:
Forge said:
Nod.. 50/50 by weight is about right.
Click to expand...

You mean 50/50 by value and not by weight
Click to expand...

I do? Wow. I can't understand why I would take the time to write by weight then...
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50/50 by weight. Very tricky for 10 grand!

*tries again...*

OK, maybe 7 oz gold and 7 oz silver works pretty well. Not much of a silver fix though. Aiming more for 50/50 by value. See how we go.
 
Silvester said:
50/50 by weight. Very tricky for 10 grand!

*tries again...*

OK, maybe 7 oz gold and 7 oz silver works pretty well. Not much of a silver fix though. Aiming more for 50/50 by value. See how we go.
Click to expand...


exactly !!!

7 oz gold and 7 oz silver - moronic allocation of gold and silver
 
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