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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 07/02/2009 : 19:22:54
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Poll Question:
Let's hold a friendly debate and poll. Which metal do you perfer to invest in or just plain old hoard at this point in time? Why?
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Edited by - Nickelless on 07/04/2009 02:59:29 |
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Ant
Penny Hoarding Member
USA
894 Posts |
 Posted - 07/02/2009 : 19:32:18
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I am continuing to invest mainly in gold bullion at this point. It's slowly working its way up to new base levels and I think this slow rise will continue for at least the next six months.
BUT! I do like silver and will probably get some 90% in the next couple of months, especially if I can find some dimes. |
Lovely dimes, the liveliest coin, the one that really jingles. --Truman Capote
Coins are the metallic footprints of the history of nations. --William H. Woodin |
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coinwolf
Penny Collector Member
USA
277 Posts |
Posted - 07/02/2009 : 19:32:53
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love copper because of it's industrial uses and love that shiny silver (Think it's grossly undervalued) |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 07/02/2009 : 19:36:32
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whatever i can get my hands on |
Inquiring minds want to know |
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buyingsilvers
Penny Collector Member
441 Posts |
Posted - 07/02/2009 : 19:43:21
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silver. working man's gold.
Mainly because I can accumulate it very cheaply. |
Edited by - buyingsilvers on 07/02/2009 19:43:47 |
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oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 07/02/2009 : 19:50:12
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Accumulating P's and Base... Need to stay diversified.
Why?
Because I am not yet to my level of comfort with metals as a % of my portfolio. |
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ter
New Member
8 Posts |
Posted - 07/02/2009 : 20:25:02
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| I am hoarding all forms of copper. Pennies, scrap, etc. How else can you invest while digging in the dumpster? |
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fb101
Administrator
USA
2856 Posts |
Posted - 07/02/2009 : 20:32:56
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I purfur Silver.
I can't say why but I've always been partial to silver. I just like the look I guess, although my numismatic interests might be at the root of that. I especially like the fact I can pick it up way under melt from bank rolls. |
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Edited by - fb101 on 07/02/2009 20:58:45 |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 07/02/2009 : 20:36:20
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| Like silver the best easier to get and I can more of it. |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 07/02/2009 : 20:52:49
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| Silver is my favorite PM. The fact that available silver supplies are limited with possible shortages in the near future makes me think that silver has the potential for great appreciation. I love finding silver halves in bank rolls and bags. |
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– Theodore Roosevelt
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 07/02/2009 : 21:16:08
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| At this point in time...Copper pennies. I see more upside to them right now than the other metals |
Copper Penny Investing
www.portlandmint.com |
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maoguinn
Penny Pincher Member
USA
118 Posts |
Posted - 07/02/2009 : 21:53:11
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| Silver is my favorite. I also save copper pennies and nickels. I can't afford gold at this time. I am also hoarding copper, brass, lead and alum. scrap. |
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 07/02/2009 : 22:27:36
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My rankings:
1. Silver - Very affordable with a great upside. Available in many forms and denominations. 90% coins could be very useful in bartering if things get bad.
2. Copper - The current 50% gain on copper pennies is basically found money. Finding wheats, IHs and AUs/BUs is icing on the cake. It doesn't have quite the upside of silver but it has absolutely no downside. Its a close second.
3. Gold - A solid option, but it takes a pretty big investment (at least $1000) to get it anywhere near spot. Good luck getting a 1/10 oz coin for less than $110. Its widespread publicity has kept its price a little high relative to silver. This limits its upside a bit.
4. Nickel - It doesn't have the upside of silver and its difficult to get at a discount like copper(at least in the U.S.), however I don't mind getting it as part of my moderate U.S. nickel hoarding operation. |
Edited by - theo on 07/02/2009 22:29:45 |
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Nickelmeister
Penny Hoarding Member
Canada
588 Posts |
Posted - 07/02/2009 : 23:34:22
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I think all of the choices have their positives and negatives, so that's why I diversify.
1) Silver - great fundamentals (+), relatively volatile (-), heavy to store (-)
2) Nickel - lots of upside (+), readily available in Canada (+), difficult storage (-)
3) Palladium - way off historic highs (+), economically counterbalances gold (+), thinly traded/high premium (-)
4) Copper - available under spot! (+), storage is a big problem (-), sorting pennies is a pain in the butt (-)
5) Gold - stability and liquidity (+), good storage and transportability (+), impratical for small transactions (-)
PMs are like my girlfriends. I love them all, just in different ways and for different reasons :P |
www.WinnipegGoldBuyer.com
Standing offer for sale of quality, second-hand solid gold jewellery:
<$100 USD worth - spot +25%, plus actual shipping
$101-500 worth - spot +20%, plus actual shipping
$501-1,000 worth - spot +15%, plus actual shipping
$1,001+ worth - spot +10%, plus actual shipping |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 07/02/2009 : 23:43:10
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quote:
Originally posted by Nickelmeister
I think all of the choices have their positives and negatives, so that's why I diversify.
1) Silver - great fundamentals (+), relatively volatile (-), heavy to store (-)
2) Nickel - lots of upside (+), readily available in Canada (+), difficult storage (-)
3) Palladium - way off historic highs (+), economically counterbalances gold (+), thinly traded/high premium (-)
4) Copper - available under spot! (+), storage is a big problem (-), sorting pennies is a pain in the butt (-)
5) Gold - stability and liquidity (+), good storage and transportability (+), impratical for small transactions (-)
PMs are like my girlfriends. I love them all, just in different ways and for different reasons :P
HAHA freaking funny! That should be your signature |
Copper Penny Investing
www.portlandmint.com |
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goodcents
Penny Hoarding Member
USA
504 Posts |
Posted - 07/03/2009 : 06:56:11
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| silver all the way. |
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Nickelless
Administrator
USA
5580 Posts |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 07/03/2009 : 19:13:11
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I prefer what ever I can get my hands on cheap. Even if I had money to burn, I would still want to be diversified, probably a little heavier in the Au and Ag.
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 07/03/2009 : 20:09:55
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| I'm a long time silver bug but looking at gold at lot harder right now. |
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Think positive. |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 07/03/2009 : 20:20:09
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I won't vote in the poll because I don't think I am qualified to participate.
My very sparse holdings are less than 300 wheats, 6 war nickels, 6 silver dimes and two 40% half dollars--these are what I have found in the almost one year that I have been searching. Kids' birthdays for the pennies are zincers. Lots of those saved so far but still lots more needed so I continue to search. Love the hunt!
Of course we should not forget my big plunge into the gold market with my 1/4 gram gold purchase here a few weeks back.
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Kurr
1000+ Penny Miser Member
2906 Posts |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 07/03/2009 : 21:31:49
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I need to add more gold to my portfolio.
90% silver & copper pennies are the 2 that I actively hunt.
Copper pennies are the top dog for me right now.
I know that I will get some everytime I go t the bank and at face value.
I look for silver coins while at the banks but usually just buy.
Halves are heavly searched for also and can get at face.
So anytime I can pickup silver coins and copper pennies at face is a good day.
I am looking to build wealth.
90% at face = 10X increase in wealth.
Copper pennies = 1.5X increase in wealth.
Not just convert fiat into PM's(protecting wealth) |
You don't have to be the BEST you just have to be.......SLICK
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ME CO
Penny Pincher Member
USA
199 Posts |
Posted - 07/03/2009 : 22:41:04
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Hunting silver coinage all the way, like HOBO investing. I have been sorting copper pennies again but like the OP said "pain in the butt" and dumping them is worse. HH all, Mark
BTW if I'm buying then its usually gold, haven't found that gold coin in a half dollar roll yet. |
"54/54/2280" |
Edited by - ME CO on 07/03/2009 22:42:59 |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 07/04/2009 : 02:40:39
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Gold
Platinum
Silver. |
Trolling is an art. |
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Nickelless
Administrator
USA
5580 Posts |
Posted - 07/04/2009 : 02:53:43
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quote:
Originally posted by PreservingThePast
I won't vote in the poll because I don't think I am qualified to participate.
My very sparse holdings are less than 300 wheats, 6 war nickels, 6 silver dimes and two 40% half dollars--these are what I have found in the almost one year that I have been searching. Kids' birthdays for the pennies are zincers. Lots of those saved so far but still lots more needed so I continue to search. Love the hunt!
Of course we should not forget my big plunge into the gold market with my 1/4 gram gold purchase here a few weeks back.
It's never too late to get started. Just set aside a little money each week to buy silver or whatever metal you prefer (I have all silver and no gold, because I think silver is way underpriced relative to gold) and just keep buying on a regular basis. Each one of us on here were in your position at some point. The key is to start buying and then keep it up! |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
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Nickelless
Administrator
USA
5580 Posts |
Posted - 07/04/2009 : 02:53:55
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quote:
Originally posted by PreservingThePast
I won't vote in the poll because I don't think I am qualified to participate.
My very sparse holdings are less than 300 wheats, 6 war nickels, 6 silver dimes and two 40% half dollars--these are what I have found in the almost one year that I have been searching. Kids' birthdays for the pennies are zincers. Lots of those saved so far but still lots more needed so I continue to search. Love the hunt!
Of course we should not forget my big plunge into the gold market with my 1/4 gram gold purchase here a few weeks back.
It's never too late to get started. Just set aside a little money each week to buy silver or whatever metal you prefer (I have all silver and no gold, because I think silver is way underpriced relative to gold) and just keep buying on a regular basis. Each one of us on here was in your position at some point. The key is to start buying and then keep it up!
Just curious, anyone cart to admit if they were the ones who voted "none of the above"? I'd be very curious to get their perspective... |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively
---------------
Be prepared...and prepared to help: http://www.survivalblog.com/charity.html
Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp |
Edited by - Nickelless on 07/04/2009 02:56:32 |
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debate/poll: Which metal do you prefer?
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