Silver Lifetime
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Dips as low as $15/oz are not unheard of. Problem is, you don't know if it will ever do that again. On the flip side I'd hate to buy at $25, and then watch it drop to $15.I looked at the spot price history for PMs - considerable volatility.
The old rule applies; buy low, sell high. Therefore, I would wait for a considerable dip, and I would look at the history of PMs over the last year or two to get a feel for what a "dip" would be - it may be a LOT more than you think.
Personally, I would buy silver in small denominations if I were buying it for barter and not speculation. Much easier to trade an ounce of silver for a pound of ammo at $25/oz than an ounce of gold at $2K/oz. - IMO.
Now that right there is not a very complete comment. You should be ashamed of yourself for your first line.Fools buy physical gold. Physical gold ownership involves a number of costs, including storage and insurance costs, and the transaction fees and markups associated with buying and selling the commodity.
Gold ETF if you want gold as part of your investments or expect currency instability
A lot of the price depend on the coins' condition. That price point is either for very poor shape coins or the price quote you got is way low. Most of us who collect in bulk would be paying you a bit more than that!Right now circulated peace dollars sell for 20$ and circulated Morgans are selling for 22$ unless you have a rare coin.
At least that is what I can get for them. Think I will hold onto them for a while.
So what should I expect to get for them currently if I was to liquidate them and where would I go?A lot of the price depend on the coins' condition. That price point is either for very poor shape coins or the price quote you got is way low. Most of us who collect in bulk would be paying you a bit more than that!
The forums are many times the best place. Not much has been up lately but there is always plenty of interest both here and on Waguns.So what should I expect to get for them currently if I was to liquidate them and where would I go?
Well, I guess we will see in that day whether history will repeat itself and who is right.If you believe the market will collapse so that you need physical gold you not just a fool you are insane. Might as well plan for the day when aliens invade the earth with robotic dinosaurs
Can you tell me how physical gold in my safe can get stolen by a hacker?If you believe the market will collapse so that you need physical gold you not just a fool you are insane. Might as well plan for the day when aliens invade the earth with robotic dinosaurs
That right there is why I need one a those 20mm gatling guns the taliban gotIf you believe the market will collapse so that you need physical gold you not just a fool you are insane. Might as well plan for the day when aliens invade the earth with robotic dinosaurs
I 100% disagreeIf you believe the market will collapse so that you need physical gold you not just a fool you are insane. Might as well plan for the day when aliens invade the earth with robotic dinosaurs
But at least I'll eat for the next day or 2 And I didn't have to trade ammo or a gunPrecious Metals are controlled by the puppet masters, same as cash, stock market and banks.
In the end maybe you could purchase a loaf of bread with a goldpiece but you ain't getting any change back.