Should I buy silver or gold now?

[nbhadja]

Is it gonna rise soon with QE 3 coming around the corner? Or is QE 3 still a while away and it will fall temporarily before?

Any hints on what to do?

 

[Seraphim]

Silver as long as you can handle being attacked by every major front.

At the end of the day, silver will be king fron this point on.

Is it gonna rise soon with QE 3 coming around the corner? Or is QE 3 still a while away and it will fall temporarily before?

Any hints on what to do?

 

[Brian4Liberty]

Dollar cost average. Buy some now, save money to buy some later, especially in case of a total market meltdown which will take metal prices down too (temporarily).

 

[cubical]

If I had to pick one, I vote gold. Industrial use of silver is still large. But why not get both?

 

[The Free Hornet]

Is it gonna rise soon with QE 3 coming around the corner? Or is QE 3 still a while away and it will fall temporarily before?

Any hints on what to do?

How long do you want to hold the world's bubble currency?

 

[Seraphim]

Which one .

lol.

How long do you want to hold the world's bubble currency?

 

[pmbug]

Is it gonna rise soon with QE 3 coming around the corner? Or is QE 3 still a while away and it will fall temporarily before?

Any hints on what to do?

Why do you want to buy silver or gold? Are you looking to buy physical metal that you hold in your hand, or a paper proxy? Do you intend to sell in the near, intermediate or long term?

You need to figure out what your goals and motivations are and then your original question is more easily answered.

 

[heavenlyboy34]

Is it gonna rise soon with QE 3 coming around the corner? Or is QE 3 still a while away and it will fall temporarily before?

Any hints on what to do?

I'm stashing junk silver. Silver eagles are good too, but don't overpay for any of it. Keep an eye on the spot price before you buy. I would get some ASAP if I were you. Things are going to get worse before they get better, IMO.

 

[heavenlyboy34]

Which one .

lol.

lolz!

 

[heavenlyboy34]

If I had to pick one, I vote gold. Industrial use of silver is still large. But why not get both?

If he has a limited budget, silver is better, IMHO. Just as easy to liquidate as gold, and probably easier to sell if necessary because it's less pricey.

 

[wowrevolution]

Silver, Gold

Also:

Gemstones
Ferrofluids
Platinum
Graphene
Pyrite

Now the platinum group is pretty valuable and consist of:
ruthenium, rhodium, palladium, osmium, iridium, and platinum

Personally, imo, you want to invest in something you should invest in something like a plasma torch or a glass blowing torch.

Glass blowing I think is a very profitable hobby if you want.

 

[Becker]

depends on how much money you are willing to lose and risk. only spend and invest what you can afford to lose, there's no other rule.

People will tell you "gold and silver are money and not investments" but a lot of people lost their "money" between 2008-2009 when silver dropped to $16. Sure, they made it back later for those who waited, but not everybody can afford such a loss and risk.

 

[Becker]

Silver, Gold

Also:

Gemstones
Ferrofluids
Platinum
Graphene
Pyrite

Now the platinum group is pretty valuable and consist of:
ruthenium, rhodium, palladium, osmium, iridium, and platinum

Personally, imo, you want to invest in something you should invest in something like a plasma torch or a glass blowing torch.

Glass blowing I think is a very profitable hobby if you want.

pyrite? you mean fool's gold? what's that worth?

 

[anaconda]

Is it gonna rise soon with QE 3 coming around the corner? Or is QE 3 still a while away and it will fall temporarily before?

Any hints on what to do?

Buy bank foreclosures with nothing down and rent them out.

 

[BucksforPaul]

Buy bank foreclosures with nothing down and rent them out.

I would like to do this could you please post more details, but maybe in a new thread as to not derail this one. From what I have seen the banks are sitting on houses in order to drive the prices up and also to get another bailout in the future. Is this true?

 

[nbhadja]

I would like to do this could you please post more details, but maybe in a new thread as to not derail this one. From what I have seen the banks are sitting on houses in order to drive the prices up and also to get another bailout in the future. Is this true?

That sounds intriguing. He can hijack this thread with his info

 

[cubical]

depends on how much money you are willing to lose and risk. only spend and invest what you can afford to lose, there's no other rule.

People will tell you "gold and silver are money and not investments" but a lot of people lost their "money" between 2008-2009 when silver dropped to $16. Sure, they made it back later for those who waited, but not everybody can afford such a loss and risk.

you are risking your "money" holding dollars. just because its a slow decline, doesn't make it attractive.

 

[heavenlyboy34]

you are risking your "money" holding dollars. just because its a slow decline, doesn't make it attractive.

this^^ no matter how low the dollar goes, silver/gold/precious metals will still be considered valuable and can be used as a medium exchange (and will have more value than hyperinflated FRNs)

 

[Becker]

you are risking your "money" holding dollars. just because its a slow decline, doesn't make it attractive.

not all risks are equal and not all people can tolerate them the same way.

 

[heavenlyboy34]

not all risks are equal and not all people can tolerate them the same way.

True. That's why diversification was invented.