Gold or Silver: What percentage should I buy of each type of metal and why? | |
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chilly56 User ID: 80890406 United States 03/25/2023 06:48 AM Report Abusive Post Report Copyright Violation | Don't listen to the negativeness from people against metals. Buy REAL coins as they're value is greater like silver or gold eagles. Bullion is fine but not as valuable. I buy 100 ounces of silver to 1 ounce of gold. Been collecting for years and it's now double or more in value. Not worthless like cash and crypto's. |
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Anonymous Coward User ID: 77452457 United States 03/25/2023 07:36 AM Report Abusive Post Report Copyright Violation | Fucking morons in this thread. Quoting: Anonymous Coward 72979295 The gold and silver market are 100 percent rigged. Who would anyone invest into a rigged market. Dumbassses. And the NYSE, NASDAQ etc aren't? Yet you're just as dumbass to invest in those. 100 percent rigged stock market! At least precious metals can hold value and be bartered when the electricity goes down! |
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Anonymous Coward User ID: 85093730 United States 08/31/2023 01:38 AM Report Abusive Post Report Copyright Violation | I need to decide how much gold/silver I want. During covid, I think gold held it's price much better than silver. I'm trying to decide which one i should buy and why. Any help is appreciated. Quoting: NikM755 weight and storage may be a concern. I have about 500 silver eagles for trading/small purchases if necessary but everything else is krugerrands because they take 1/80th of the space and i can carry my savings in a small backpack or easily store in a standard safety deposit box. . |
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Anonymous Coward User ID: 80283232 United States 08/31/2023 01:58 AM Report Abusive Post Report Copyright Violation | What most fail to realize is it's not about dollars worth, it's about intrinsic value. 100 years ago 1oz of gold would buy a man a very nice suit. Today that same ounce of gold will buy a man a very nice suit. The only thing I'd like to add is historically, silver & gold ran at about 50/1. Right now they are 79/1. There is a lot of correct needing to happen in the silver market. As such I place the bulk of my purchases there. What you decide I'm sure will be up to you and your pocketbook. |
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Truth Be Known Saul Good User ID: 86150087 United States 08/31/2023 02:17 AM Report Abusive Post Report Copyright Violation | If you’re talking mobility, gold. You can walk over a border with enough in your pockets to be respectable by lunch. There is no nobility in being superior to your fellow man. True nobility lies in being superior to your former self. ~ Ernest Hemingway |
Truth Be Known Saul Good User ID: 86150087 United States 08/31/2023 02:23 AM Report Abusive Post Report Copyright Violation | Buy 20 ozt of silver for each 1 ozt of gold you buy. Quoting: Anonymous Coward 77603628 After you have 1000 ozt of silver, stack gold exclusively. The only one to answer the question. Well, the first half. There is no nobility in being superior to your fellow man. True nobility lies in being superior to your former self. ~ Ernest Hemingway |
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Pe$ky User ID: 86251995 Czechia 08/31/2023 04:07 AM Report Abusive Post Report Copyright Violation | Anecdote I was burgled, hmm? Perhaps 22 years ago They took everything. Even down to clothes All I had to my name was the gold chain on my neck. I kept it through thick and thin afterward. Eventually sold it years later. By then the value had at least doubled That’s not the point though. I would highly advise at least having some gold jewelry on your person at the very least. It could get you out of bother in a variety of ways |