Mining stocks can be really risky investments.
Don’t ask how I know.
I looked at a few silver stocks a few weeks ago. Didn’t buy anything. They are all higher.
Search found 3 matches
- Thu Apr 08, 2021 6:12 pm
- Forum: Off-Topic
- Topic: Buying silver
- Replies: 108
- Views: 19554
- Mon Apr 05, 2021 3:23 pm
- Forum: Off-Topic
- Topic: Buying silver
- Replies: 108
- Views: 19554
Re: Buying silver
I was going down I -10 near Bingle Voss, so I bought a 2021 uncirculated Silver Eagle today. Didn’t have a 2021 yet.
It was $34. Ungraded loose US silver dollars were the same price.
Seemed previously Silver Eagles were more than generic silver dollars.
Seemed during Trump, generic silver dollars were around $17.
So that would be a 100% increase.
Interesting.
It was $34. Ungraded loose US silver dollars were the same price.
Seemed previously Silver Eagles were more than generic silver dollars.
Seemed during Trump, generic silver dollars were around $17.
So that would be a 100% increase.
Interesting.
- Tue Nov 18, 2014 6:06 pm
- Forum: Off-Topic
- Topic: Buying silver
- Replies: 108
- Views: 19554
Re: Buying silver
I only buy US coinage. Gold or Silver. Two years ago I was in a antique store and I saw a single US silver dollar for $25 In a case. I snapped it up immediately. Amazing what a couple of years can make.
Most of my silver I paid face value for. Wish I had gone into serious debt in ' 64 to get more. But who would have loaned money to a kid.
I was in a coin store a while back and a man came in with a big cloth bag of US silver dollars to sell. He bought them in India or some place over there. Got them real reasonable. The first thing the man behind the counter did was put a known silver dollar on a digital scale. Then he put the mans silver dollar on there. It was light.
He then said they were all fake. Sorry.
He then said look at the edges. When you looked carefully at the ridges at one point there was a seam where the first ridge started and the last one ended. No seams on the edges of a US silver dollar. It was perfect. No beginning or end, perfect.
Investors will pay more for US coinage as it is difficult to fake. Safer.
I'm not sure how far down metal prices will go, but any good investment plan should have 5 percent metals. But it is important to buy low sell high. (Duh) when they are saying metal buyers are fools is a good buy signal. When the adds on the radio are non stop or the news has stories about the mint can't keep up with demand , is a good sell signal.
Collectible coins are for experts. When metal prices are high, collectible coins are depressed. When metal prices are low collectible prices go higher.
Most of my silver I paid face value for. Wish I had gone into serious debt in ' 64 to get more. But who would have loaned money to a kid.
I was in a coin store a while back and a man came in with a big cloth bag of US silver dollars to sell. He bought them in India or some place over there. Got them real reasonable. The first thing the man behind the counter did was put a known silver dollar on a digital scale. Then he put the mans silver dollar on there. It was light.
He then said they were all fake. Sorry.
He then said look at the edges. When you looked carefully at the ridges at one point there was a seam where the first ridge started and the last one ended. No seams on the edges of a US silver dollar. It was perfect. No beginning or end, perfect.
Investors will pay more for US coinage as it is difficult to fake. Safer.
I'm not sure how far down metal prices will go, but any good investment plan should have 5 percent metals. But it is important to buy low sell high. (Duh) when they are saying metal buyers are fools is a good buy signal. When the adds on the radio are non stop or the news has stories about the mint can't keep up with demand , is a good sell signal.
Collectible coins are for experts. When metal prices are high, collectible coins are depressed. When metal prices are low collectible prices go higher.