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Old 06-07-2012, 07:26 PM   #1
ADK
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Gold or Silver

Personally, I'm a silver bug. I know it has been touched on in other forums, but I would like to have a thread dedicated to the topic... I would like to know why some of you guys prefer gold over silver?

I'm a somewhat small-time investor. I'm not investing millions per year... but a few thousand, sure. So, silver is ok as far as space requirements.

When I was a kid, my grandfather started buying silver for me, and I've always gravitated towards silver because of that, I guess. I remember going to the coin shop with him when I was a little kid... looking through coins and buying silver.

It seems that the gold silver ratio is pretty slanted right now...

I don't know... any thoughts folks?

I'm interested in hearing your reasons for buying gold over silver or silver over gold or rhodium over silver or gold... etc.

Thanks!

And, as always... I love this forum. I am always learning.

ADK
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Old 06-07-2012, 09:19 PM   #2
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Originally Posted by ADK View Post:
Personally, I'm a silver bug. I know it has been touched on in other forums, but I would like to have a thread dedicated to the topic... I would like to know why some of you guys prefer gold over silver?

I'm a somewhat small-time investor. I'm not investing millions per year... but a few thousand, sure. So, silver is ok as far as space requirements.

When I was a kid, my grandfather started buying silver for me, and I've always gravitated towards silver because of that, I guess. I remember going to the coin shop with him when I was a little kid... looking through coins and buying silver.

It seems that the gold silver ratio is pretty slanted right now...

I don't know... any thoughts folks?

I'm interested in hearing your reasons for buying gold over silver or silver over gold or rhodium over silver or gold... etc.

Thanks!

And, as always... I love this forum. I am always learning.

ADK

I personally track the ratios between the various metals to watch for short term and/or long term deviations from the norm. For example, under short term ratios, silver is currently under priced. However, looking at longer term ratios, platinum is highly under priced.

I try to diversify my holdings among all of the PM, but typically I try to only buy once a month. I base what I buy on the following:
1) ratios as talked about above
2) Current trends in prices; what is currently in a price dip
3) What deals can I find to reduce the premiums I pay

As far as silver versus other metals, eventually you become to appreciate the value of "concentration of wealth". Even at a few thousand a year invested in silver, eventually you end up with thousands of ounces. Eventually you end up with enough ounces that it would be hard to quickly relocate them. Unless you are quite well off, this is much harder to do with gold or platinum.

Concerning palladium and rhodium, I do not buy much of these as a personal preference for liquidity.
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Old 06-08-2012, 09:17 AM   #3
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Diversification, within PM's and between them and other hard assets has been wise historically.
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Old 06-08-2012, 09:17 AM   #4
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Thanks benjamen --- I appreciate the response.

I like the long term / short term ratio approach. I am probably going to need to start changing my investment strategy as I am beginning to understand the "concentration of wealth" idea. It does add up!

ADK
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Old 06-08-2012, 10:59 AM   #5
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I believe both are cheap at this time with silver being the better buy.I don't think you could go wrong with either.
I didn't stay at a Holiday Inn last night so what do I know???


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Old 06-08-2012, 02:24 PM   #6
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ADK, I too am diversified re PMs, in declining order $ value:

Au (way the majority in $ value)
Pt
Ag
Pd <--- just a token amount

I am considering purchasing a tiny amount of Rh or even Os... Souvenirs! There are "Element Collectors", Os (Osmium) is the densest metal and the rarest non-radioactive element.
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