What would you do with $50K+ to drop on physical RIGHT NOW...?

[TingTing]

numismatics is a field for a very knowledgeable investor
don't do it if you are not educated enough for that matter

Totally agree with you. I don't give a yahoo about numismatics as a strategy. (although it would be indulgent to have a couple of silver lunar dragons to fondle occasionally!)

I am only looking to get lumps of metal that will:

a. hedge inflation long term
b. diversify my portfolio
c. become very handy in the future if fiat money comes in the shape of a toilet paper roll
c. Silver that averages out to pay its own rent (storage fees, insurance, premiums paid etc)
d. I can sell in small increments if/when required

Make sense?

 

[worldbubble]

numismatics is a field for a very knowledgeable investor
don't do it if you are not educated enough for that matter

Totally agree with you. I don't give a yahoo about numismatics as a strategy. (although it would be indulgent to have a couple of silver lunar dragons to fondle occasionally!)

I am only looking to get lumps of metal that will:

a. hedge inflation long term
b. diversify my portfolio
c. become very handy in the future if fiat money comes in the shape of a toilet paper roll
c. Silver that averages out to pay its own rent (storage fees, insurance, premiums paid etc)
d. I can sell in small increments if/when required

Make sense?

I'm biased and went through silver dip that's why I prefer semi-numiz, like dragons, and numiz ... these coins rise in value no matter what
The way I save/invest in PM.
My current silver to gold ratio is 80, and I plan to bring it down to 70 ... by I'm biased and like silver more than gold
Out of 100% silver I have
10% bullion - low premium silver
70% semi-numiz bullion - like kookaburras, lunars, pandas, elephants, etc
20% numismatics - rare pandas, chinese lunars, old coins

My reasoning:
three outcomes:
1) silver prices is down - bullion down, numismatics retain their value, or slightly drop from highs, ... semi-numiz, in general, slightly go down
2) silver prices is flat - bullion flat, numismatics rise in value due to time change, ... semi-numiz, rise in value
3) silver prices is up- bullion is up tracking silver %gains, numismatics rise but not that much percentage wise ... semi-numiz rise

 

[valuecreator]

TingTing,

I suggest you read Margin of Safety, by Seth Klarman (one of the most successful investor of his generation and the most successful Hedge Fund manager of all time. His book goes for $1600 in hard cover, but you can get it FREE here:

http://www.2shared.com/document/i5nCya5f/Margin_of_Safety_Risk-Averse_V.html


The guy is not a speculator...

(Interestingly enough, right now he is largely in cash and gold, and has been returning money to investors in his funds because everything is so over-valued)

 

[2ds]

Personally I'd go 70% silver 30% other because of gsr.
Also spend 45k on unallocated so you don't need to worry about storage and spend 5k to get some misc physical items which are fun and will give you a feel for the metal.

 

[TingTing]

I'm biased and went through silver dip that's why I prefer semi-numiz, like dragons, and numiz ... these coins rise in value no matter what
The way I save/invest in PM.
My current gold to silver ratio is 80, and I plan to bring it down to 70 ... by I'm biased and like silver more than gold

Thanks for providing actual percentages, appreciated. So are you saying you are currently 80%gold/20%silver in your allocation?

 

[worldbubble]

I'm biased and went through silver dip that's why I prefer semi-numiz, like dragons, and numiz ... these coins rise in value no matter what
The way I save/invest in PM.
My current gold to silver ratio is 80, and I plan to bring it down to 70 ... by I'm biased and like silver more than gold

Thanks for providing actual percentages, appreciated. So are you saying you are currently 80%gold/20%silver in your allocation?

I've made a mistake there ... it should be silver to gold - 80:1
so, for every 80 oz of silver I have 1 oz of gold
the reason I don't like gold that much is gold coins don't rise in value the same way silver does.

 

[willrocks]

I'd diversify

40% booze
30% hookers
20% accommodation
10% cuban cigars

Because if you're going to get f#*ed, you might as well do it with style.