I think they both have their place. Physical to buy and hold but around here it would be vary hard to buy and sell physical and make anything but with paper it is easy.AG, futures market looks good for holders of physical. Don’t care bout paper players.
100% agreed, anybody that knows me or has asked my opinion knows I always advise that metal is for multi generational holding. If you want to invest, there are much better vehicles. Physical is for long term storage of wealth.I think they both have their place. Physical to buy and hold but around here it would be vary hard to buy and sell physical and make anything but with paper it is easy.
The main local shop here gouges both ways on metals.
Or to use as bribes!100% agreed, anybody that knows me or has asked my opinion knows I always advise that metal is for multi generational holding. If you want to invest, there are much better vehicles. Physical is for long term storage of wealth.
Yes, can I bribe you to take this fat steer off my hands for a 1/2 oz. Gold EagleOr to use as bribes!
Well hold onto your hat, I was thinking about selling some kilo bars which means the price will go UP after.My purchase didn't have the price dropping effect it normally does. I may have to do more.
Still waiting on this…..sent an update request email this a.m.My SD order from the 8th with a cleared check on the 13th is still not shipped…..it’s not by any means a small order either….never seen this kind of a delay From them…in stock items to clarify.
Don’t know what it is, but something ain’t rite about this. I looked at there site. You should have got them waayyy before today. JMOStill waiting on this…..sent an update request email this a.m.
Premiums have gone up too. Oddly, Monument has type 1 Britannias on sale for about the same as rounds. Less than Philharmonics too which are usually the lowest tier 1 sovereign coin.Anyone else noticed that the available "in stock" amount of silver seems to be greatly reduced. Used to be the whole website was available and now on monument and apmex it looks like most everything is out of stock.
It's mainly used by people that trade metals (as opposed to buying them outright). 80 to 1 is considered a good ratio to trade silver for gold (you can get 1 oz. of gold for 80 oz. silver). When it gets higher, like say, 88 to 1, then it might make more sense to trade gold for silver. That's my very amateurish explanation. Some of the more experienced guys may be able to explain it better.What is this 80 to 1 ratio that people keep referring to?