|   FM Home  |   FM Forum  |   FM News  |   FM Blog  |  

Go Back   Finance & Money Forums > Finance > Investing



FAQ Members List Calendar Search Today's Posts Mark Forums Read

Investing General discussions on investing and investments: shares, bonds, commodities, forex, and funds.

Reply
 
Thread Tools
  #1 (permalink)  
Old 04-06-2006, 10:18 AM
Member
 
Join Date: Mar 2006
Location: USA
Posts: 76
Default Moving from gold to silver

I've been using Kitco http://www.kitco.com/ for bullion purchases and buying in bullion coins. Though coins are taxed and bars are not, the coins are usually inflated 2-5% over nugget price so it's a trade off I'm happy with. The Australian Kugarans and Canadian Maple leafs tend to go at a premium over the American Eagles, though I know some people who prefer the 1 Dollar gold coins (Coronet head, Indian, PanPac, Mc Kinley, Grant).

With the new ETF there's bigger speculation in silver and I'm thinking of selling my coin bullion while the price is good and pushing the money into buying silver as I see better growth prospects.

Moneyweek has a nice story on that http://www.moneyweek.com/file/5665/s...over-1612.html
Reply With Quote
  #2 (permalink)  
Old 04-12-2006, 11:09 PM
brian's Avatar
Administrator
 
Join Date: Mar 2006
Posts: 811
Default Re: Moving from gold to silver

It's an interesting article - and I'm sure I remember seeing the original moneyweek article ages ago. I guess I should listen again and put something in silver, but with silver still climbing, it makes me uncomfortable - I'd rather invest before a commodity really starts climbing, rather than once it's climbed for some time.
Reply With Quote
  #3 (permalink)  
Old 04-20-2006, 09:45 AM
Finance Admin's Avatar
Administrator
 
Join Date: Mar 2006
Posts: 52
Default Re: Moving from gold to silver

Metals are still climbing - no idea if it's a good time to buy, but it can only be good if you're looking to sell. Just depends on whether you feel you're selling short or not.
Reply With Quote
  #4 (permalink)  
Old 04-28-2006, 03:42 PM
Junior Member
 
Join Date: Apr 2006
Posts: 3
Default Re: Moving from gold to silver

Expect more gains on silver over 2 years. Hot Tip: ditch gold, buy silver.
Reply With Quote
  #5 (permalink)  
Old 05-01-2006, 10:02 PM
Junior Member
 
Join Date: Apr 2006
Posts: 24
Default Re: Moving from gold to silver

I have not really followe metals, at least not for a very long time. I do remember after gold ran up in the early 80s though, there was a time when silver was super hot and stayed that way for a while. Perhaps we are seeing this again.
Reply With Quote
  #6 (permalink)  
Old 05-13-2006, 06:39 PM
Senior Member
 
Join Date: Apr 2006
Posts: 112
Default Re: Moving from gold to silver

Quote:
Originally Posted by iTrader
Expect more gains on silver over 2 years. Hot Tip: ditch gold, buy silver.
Itrader: Why do you think silver is the play over gold?
Reply With Quote
  #7 (permalink)  
Old 02-19-2007, 03:59 AM
Member
 
Join Date: Dec 2006
Posts: 88
Default Re: Moving from gold to silver

I heard that MAG silver is one of the biggest finds in the world! It is still relatively cheap, but not for long. It will be a $30 stock before long. It’s a great buy and it was as low as $2.40 a few months ago. It is now close to $9! on the TSX-V.
Reply With Quote
  #8 (permalink)  
Old 02-19-2007, 04:02 AM
Member
 
Join Date: Dec 2006
Posts: 88
Default Re: Moving from gold to silver

One more thing..in fact, Bart Jarowski, an analyst said that the amount of silver they found (regarding MAG silver) is more than they ever dreamed of..and it will put this small company on the map. Some say there will be a takeover by Penelopes, a bigger silver company who has something like 56% - 60% in the company...but who would sellout to a bigger player if you can be a big player yourself?
Reply With Quote
  #9 (permalink)  
Old 09-21-2010, 09:07 AM
Member
 
Join Date: Sep 2010
Posts: 41
Default Re: Moving from gold to silver

Gold and silver both prices will go same, means if gold is up then obviously silver trend is also bull.Yes, silver fluctuation is more than gold.
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT +1. The time now is 10:25 AM.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.1.0

© 2005-2011 Finance Markets. All rights reserved  |  About  |  Disclaimer  |  Resources  |  XML Feed  |  Contact us