Is Silver next?

[stocknup]

Just got my order from 2-06 . Ordered the 90% silver coinage tubes ( A mix of dimes and/or quarters of their choosing )
Wanted all quarters but the mix was cheaper ..........Opened up today and were all quarters ....so I`m happy

 

[snorko]

When I made my last trade gold was lower than it is now, I was offered 306.00 ea. for my 1/10 oz. eagles. That was about 5 or 6 months ago.

Since gold has been well under $2,000 since April/May of last year, I hope you took that trade at 50% premium.

 

[Mij]

Since gold has been well under $2,000 since April/May of last year, I hope you took that trade at 50% premium.

Nope, kept my eagles. Went there to make the trade we agreed to make on the phone. That’s what I did. I waited years for that trade and stuck to my guns and did what I wanted to do. I haven’t sold any metal or spent any cash for metal in over two decades. I grow my metal now by trading the ratios.

 

[Magyars]

What’s your folks opinion on the 1/10th oz of gold ? Are they not worth messing with ?

I have dabbled in platinum as far as smaller than oz weight. Just curious what you all think of the 1/10th items. Thanks in advance.

I just looked at 1/10 Oz AGE...at 250 each....a might too steep for me

 

[Mij]

I just looked at 1/10 Oz AGE...at 250 each....a might too steep for me

Crazy, when I got mine if memory is correct they were under 100.00 ea. with premium. I stopped spending cash for gold at about 600.00 oz.

 

[DoggyDaddy]

I've picked up a few of the 10 gram gold bars from Valcambi and Argor-Heraeus with assay card, and like them. Premium not too bad and I don't get sticker shock if I order them one at a time.

I've gotten four so far for a total of $2,276.83.

 

[DoggyDaddy]

I've picked up a few of the 10 gram gold bars from Valcambi and Argor-Heraeus with assay card, and like them. Premium not too bad and I don't get sticker shock if I order them one at a time.

I've gotten four so far for a total of $2,276.83.

I just did the math. That's basically 1830.00/troy oz..

 

[nonobaddog]

I have a whole bunch of silver rolls my mother saved way back when $10face cost $10. I wish she would have saved even more. Also have a lot of Indianhead pennies.

I also have quite a few silver certificates which unfortunately are not worth silver anymore.

 

[DoggyDaddy]

You know, something just occurred to me. In a SHTF situation, where comms are down (including the internet), how is anyone going to determine the value of PMs for trade? There won't be any markets open, no Kitco sites to refer to, etc..

 

[spencer rifle]

Like everything else, it will be worth whatever someone will trade for it.

 

[DoggyDaddy]

Like everything else, it will be worth whatever someone will trade for it.

And the corollary is true as well I guess. Whatever amount of gold/silver one is willing to trade for the goods and services. But it seems like there should be a baseline.

 

[rdbs505]

Got them today during the downswing.

These are a bit more expensive but have the advantage of a dollar denomination and have the PM content listed on the coin (unlike some of the Arts Medallions):
https://libertycoin.com/gold/us-gold-coins/first-spouse-gold/

How has your experience been with libertycoin? They seem a fair bit cheaper than some more popular online shops.

 

[DoggyDaddy]

How has your experience been with libertycoin? They seem a fair bit cheaper than some more popular online shops.

 

[nonobaddog]

You know, something just occurred to me. In a SHTF situation, where comms are down (including the internet), how is anyone going to determine the value of PMs for trade? There won't be any markets open, no Kitco sites to refer to, etc..

I hear ammo is a good investment.

 

[DoggyDaddy]

I hear ammo is a good investment.

Copper, lead and brass are always good investments.

 

[spencer rifle]

How has your experience been with libertycoin? They seem a fair bit cheaper than some more popular online shops.

Good so far but I haven’t taken delivery yet.

 

[Blazer90]

If you can find some with reasonable premiums, it's small enough for transactions.
Occasionally, you'll find some pieces for about the same cost as 1oz bars or coins.

But 1/10oz (3g) is really small and easily lost.

Are you looking for smaller pieces, or less costly pieces?

I am looking purely on a budget basis.
And a giant thank you to everyone who replied to my question !!!
Lots more to think about….especially comparison to premium costs !

 

[Mij]

I am looking purely on a budget basis.
And a giant thank you to everyone who replied to my question !!!
Lots more to think about….especially comparison to premium costs !

Sir:
In my opinion only, presious metal is only a value at generational levels. If you are looking for an investment vehicle for current FRN’s (money you will spend in your lifetime) there are a lot of better methods.

I will not presume to speculate on what you mean by the word “budget” . Each of us has a different budget. If you are looking for a “make a lot of money fast” type thing, I would suggest you consult a paid professional.

Now, I would look at who, what, holds the largest storage of silver (an industrial/semipresious metal), and gold. Both presious metals but for different reasons. Who has them and why? It’s not the US Gov.

A postscript:
The World Banks (China the biggy) have been the largest purchaser of gold in the last several years………do the math. If not for yourself, for your descendants. Now look at land.…. For the first time in history all of the world’s currency is fiat. Again this is JMO. As has been said upthread, lead, brass, copper is always a good investment. Head on a swivel. Good luck to you and yours.

 

[spencer rifle]

PMs taking a big leap upward just now. S&P and NASDAQ down.

 

[ancjr]

The trend continues