Long Position on Silver and Gold?

[Dave_L]

How do you tell the difference? Just the weight? Finish? If it's online, do they give a guarantee?

[hghclsswhitetrsh]

I bought a roll of eagles at the gun show last week for $500. Not too shabby. The vendor was 'the silver guy'.

[rondog]

I buy from Rocky Mt. Coin. Reputable dealer. It is more than junk silver, but I like to buy 10 oz bars.

I've always preferred Dave's a couple doors down. Can't remember why, but I just don't like RMC much. Too impersonal, I think it was. Kinda like a Harley dealership vs. an independent shop.

[lex137]

I go to the one in Greenwood Village. I like them over there always the same 2-3 people every time I go. They helped me out when I needed silver coins for my wedding.

[roberth]

Silver is approaching the $20 mark; Gold is approaching $1250. DOW is up over 16,000, S&P is at 1800. Oil is down under $94, USD is at 80.69 right now, down a little.

I bought a roll of eagles at the gun show last week for $500. Not too shabby. The vendor was 'the silver guy'.

Chad and his family are good guys, I like doing business with them.

[Sawin]

I expect this trend to continue at least through the holidays at this point...I'm going to watch from the sidelines for the moment and pick up some more bullion in January, unless there's a huge price drop before then.

[lex137]

Yea I'm gonna to do this too ^^^^. Unless it drops down to $18 or so. I'm hoping it goes up to $50 an ounce again without the economy crashing.

[roberth]

Nowadays Americans are very short-term thinkers. The stock market is booming so they put their money where it can make the most the fastest without regard for longevity.

Metals are a long term thing, that is part of the reason metals have lost their attractiveness to the general public.

[muddywings]

questions from a very soon first time buyer of physical silver-
where do you keep your silver and can I count it....hehehehe.

really though, I just looked at my home owner's policy and it only covers $200 in PM. Do you all keep you silver at home or safe deposit box at a bank? I figure some of my guns might have to share some real-estate with some silver coins but they don't mind. However, I'm pretty paranoid about theft or fire and I only expect my safe to keep out a novice thief or minor fire. (I guess with Waldo Canyon and Black Forest fires the past two years really makes you think how easy it is to loose everything). Case in point, I run a time machine on my macbook constantly, I run a time machine backup once a month then put the hard drive in a fire proof sentry safe which is in my fireproof gun safe. Then once every six months, I do an additional backup to a third hard drive and leave that one at my mom's house, so yes very paranoid!

Second question-
Do you have a ratio split with different size silver coins such as 1/2 oz, 1 oz and greater? Any good reason to do that? Any bad reasons why one shouldn't do that?

Thanks

[muddywings]

found this: http://www.gainesvillecoins.com/prod...-999-pure.aspx

thought it was pretty funny. I wouldn't buy it myself but if you really really like .50BMG it might be up your alley!