Gold or Silver which is better for long term investment

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  • AllAboutCams
    Femcams.com
    • Jul 2011
    • 12234

    #1

    Gold or Silver which is better for long term investment

    Looking at buying some to put away what would be a better long term investment
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  • Aka_Bluey
    Confirmed User
    • Sep 2007
    • 631

    #2
    The way the pucken Aussie dollar is at the moment it sounds like a good idea.




    .
    Things that make ya go hmmmm....

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    • kane
      Too lazy to set a custom title
      • Aug 2001
      • 20684

      #3
      To me they look to be about the same. If you invested $10K in either back in 2008 your gold would be worth about $26K today while your silver would be worth about $25K. Had you sold when they were both at their peeks about a year or so ago you might have made a few more dollars with silver.

      Of course it all depends on how you buy it and sell it as well. If you are buying coins you might be able to make a little more with silver because you can always get a few more dollars each for those on ebay.

      Comment

      • EddyTheDog
        Just Doing My Own Thing
        • Jan 2011
        • 25433

        #4
        Cu......

        Comment

        • mozadek
          Confirmed User
          • Feb 2008
          • 1325

          #5
          Gold, the dollar will be weak for years to come.

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          • HerPimp
            Confirmed User
            • Mar 2006
            • 1197

            #6
            Silver for everyday use.
            Gold would be used to buy big items like a car, house.
            Above 15K buy Gold
            Under 15K Buy Silver

            Comment

            • jerryb
              Confirmed User
              • Feb 2005
              • 588

              #7
              Been dealing in both for decades and BELIEVE ME --- SILVER IS YOUR BEST LONG TERM BET FOR PROFITS RIGHT NOW --- yeahhhhhh
              - -

              Comment

              • DWB
                Registered User
                • Jul 2003
                • 31779

                #8
                Silver is exciting and has enormous growth potential. However, if you're going to hold them long term, buy both. Won't lose either way. As the fiat currencies around the world lose value or go bust, you'll be glad you got some.

                Comment

                • adultchatpay
                  Let's Make Money
                  • Dec 2008
                  • 8785

                  #9
                  for long term, i say AU.

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                  • AllAboutCams
                    Femcams.com
                    • Jul 2011
                    • 12234

                    #10
                    It seems like there is a lot of fake around and german silver looks all fake
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                    • AllAboutCams
                      Femcams.com
                      • Jul 2011
                      • 12234

                      #11
                      Also where would be the best place to buy American eagle and Canadian maple
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                      • JFK
                        FUBAR the ORIGINATOR
                        • Jan 2002
                        • 67373

                        #12
                        Originally posted by AllAboutCams
                        Also where would be the best place to buy American eagle and Canadian maple
                        try this place
                        https://online.kitco.com/bullion/com...USD.html#promo

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                        • AdultKing
                          Raise Your Weapon
                          • Jun 2003
                          • 15601

                          #13
                          Don't buy silver or gold coins, just don't. I don't understand why people do it in the USA but here there is absolutely no value in doing so in Australia, in fact you could lose as some coins are worth less at dealers than the melt value.

                          Buy gold and silver investment ingots or bars from a reputable licensed Australian metals source such as Perth Mint or Australian Bullion Company.

                          Comment

                          • weewilly
                            Confirmed User
                            • Jul 2012
                            • 190

                            #14
                            Buy Gold or Silver mining stocks. It is more liquid or look for a natural resource play. A mining company or oil stock. Being Au you have a couple of nice mining companies there though I can not remember their name.
                            Long term though I think a company that specializes in investing in farm land would be best.

                            Comment

                            • baddog
                              So Fucking Banned
                              • Apr 2001
                              • 107089

                              #15
                              Silver is a waste metal

                              Comment

                              • VenusBlogger
                                So Fucking Banned
                                • Nov 2011
                                • 1540

                                #16
                                been buying GOLD since 2010 via an online BROKER and doing profit each month...

                                silver is more volatile and can burn your account.

                                You need to know the tricks and secrets to trade FOREX and XAUUSD or any other currency/commodity and be profitable... otherwise it would be a casino and gambling for you...

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                                • AllAboutCams
                                  Femcams.com
                                  • Jul 2011
                                  • 12234

                                  #17
                                  Originally posted by AdultKing
                                  Don't buy silver or gold coins, just don't. I don't understand why people do it in the USA but here there is absolutely no value in doing so in Australia, in fact you could lose as some coins are worth less at dealers than the melt value.

                                  Buy gold and silver investment ingots or bars from a reputable licensed Australian metals source such as Perth Mint or Australian Bullion Company.
                                  Thanks when was looking at the price of coins compared to ingots its a Hugh price difference
                                  I got my Perth mint approved today and will plan a trip to do a tour first
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                                  • AllAboutCams
                                    Femcams.com
                                    • Jul 2011
                                    • 12234

                                    #18
                                    Originally posted by VenusBlogger
                                    been buying GOLD since 2010 via an online BROKER and doing profit each month...

                                    silver is more volatile and can burn your account.

                                    You need to know the tricks and secrets to trade FOREX and XAUUSD or any other currency/commodity and be profitable... otherwise it would be a casino and gambling for you...
                                    I don't think i would invest in the stock market i would only buy physical gold/silver the perth mint offers a storage service.
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                                    • AdultKing
                                      Raise Your Weapon
                                      • Jun 2003
                                      • 15601

                                      #19
                                      Originally posted by AllAboutCams
                                      Thanks when was looking at the price of coins compared to ingots its a Hugh price difference
                                      I got my Perth mint approved today and will plan a trip to do a tour first
                                      Perth Mint is backed and owned by the Government, it's the safest way to buy metals.

                                      You have to be really careful with coins and such, even from the mints. They are subject to other variables other than the metal price. Unless you know precisely what you're doing (I'd be getting proper advice from a licensed financial planner) then you should stick to investment grade ingots and bars.

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                                      • AllAboutCams
                                        Femcams.com
                                        • Jul 2011
                                        • 12234

                                        #20
                                        Originally posted by AdultKing
                                        Perth Mint is backed and owned by the Government, it's the safest way to buy metals.

                                        You have to be really careful with coins and such, even from the mints. They are subject to other variables other than the metal price. Unless you know precisely what you're doing (I'd be getting proper advice from a licensed financial planner) then you should stick to investment grade ingots and bars.
                                        Im not going to buy coins and i am fairly sure it will be the silver ingots from the Perth mint i just have to find out the terms of the deposit service
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                                        • AdultKing
                                          Raise Your Weapon
                                          • Jun 2003
                                          • 15601

                                          #21
                                          Originally posted by AllAboutCams
                                          Im not going to buy coins and i am fairly sure it will be the silver ingots from the Perth mint i just have to find out the terms of the deposit service
                                          I'd buy a mix of gold and silver, hedge one against the other.

                                          Comment

                                          • VenusBlogger
                                            So Fucking Banned
                                            • Nov 2011
                                            • 1540

                                            #22
                                            Originally posted by AllAboutCams
                                            I don't think i would invest in the stock market i would only buy physical gold/silver the perth mint offers a storage service.
                                            Ok, only problem when buying physical GOLD is that the SPREAD is massive...

                                            but anyways, GOLD is good investment, even with a massive SPREAD, because its a matter of time before it hits 2000 per ounce.

                                            Comment

                                            • Sin_Vraal
                                              Confirmed User
                                              • Feb 2002
                                              • 465

                                              #23
                                              Originally posted by HerPimp
                                              Silver for everyday use.
                                              Gold would be used to buy big items like a car, house.
                                              Above 15K buy Gold
                                              Under 15K Buy Silver
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                                              • Sin_Vraal
                                                Confirmed User
                                                • Feb 2002
                                                • 465

                                                #24
                                                Originally posted by AllAboutCams
                                                Im not going to buy coins and i am fairly sure it will be the silver ingots from the Perth mint i just have to find out the terms of the deposit service
                                                I'd look into buying junk silver...

                                                the good thing about coins is that they are legal tender.
                                                so when you want to leave the usa (or return) you can bring them in and leave at the face value of the coin which is usually much less than the value of the metal.

                                                you can move a lot of money as government coinage. ingots on the other hand are worth what they are worth, and therefore can only move say 5 ounces of gold?
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                                                • AllAboutCams
                                                  Femcams.com
                                                  • Jul 2011
                                                  • 12234

                                                  #25
                                                  Originally posted by Sin_Vraal
                                                  I'd look into buying junk silver...

                                                  the good thing about coins is that they are legal tender.
                                                  so when you want to leave the usa (or return) you can bring them in and leave at the face value of the coin which is usually much less than the value of the metal.

                                                  you can move a lot of money as government coinage. ingots on the other hand are worth what they are worth, and therefore can only move say 5 ounces of gold?
                                                  The only problem is people are selling scrap silver for more than what i can buy it from the mint
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