I bought a Hollywood/Made for TV costume today...

[JOE]

Hey dickhead, you gonna off load some of those collector coins soon? You dumb bastard!

I've been thinking I might do it Lokmeer!

I bought those things as novelty but now that its wearing off I'm actually getting tired of owning em.

Better to invest the money intact something else

[Lokmar]

Really?

British sovereigns are the most likely a be counterfeited...Lokmeer!

They've been doing it for at least 100 years & there are sovereign factories in India and Asia. Probably generations of families over there spitting em out eh?

There are so many fake sovereigns that ya'd probably only wanna buy them in an NGC case. A modern case that is x rayed verified and microscpedly photographed...Lokmeer! Then ya gotta match em with the NGC photos, check every ding n dent eh?

I've bought a few Ngc grades sovereigns.

Good chance if they're bought outside a proper case & authenticity, there's a very chance they're fake.

You dumb cunt, didnt you just say that about Silver Eagles the other day? And quit talking about those worthless collector coins!

Not only do the new British Sovereigns have the laser etching like the new Maple, the stamping produces an alternating pattern on the back side of the coin. There's also micro printing that the Maple doesn have.

STILL, the king of bullion coins is the Silver Eagle.

[Lokmar]

I've been thinking I might do it Lokmeer!

I bought those things as novelty but now that its wearing off I'm actually getting tired of owning em.

Better to invest the money intact something else

Well, maybe there's hope for you after all! Those collector coins a a fools errand!

[JOE]

Canadian gold sovereigns are the rarest & have the lowest mintages of those ever produced...Lokmeer!

Go check this link out:

https://www.svcollector.com/en/articles/gold-sovereign-and-halves-mintages.html

They were minted all around the world & Canada had the fewest. Subsequently they are among the most sought after, collectible & expensive of the bunch.

I put a low bid on a 1908 Canada gold sovereign recently with a mintage of just 636.

I gave up tho after $10,000 US.

It finally sold for $19,000 US.

I wanted it...but not that bad, eh?

Generally buy those things if there's a deal and they sell 1/2 or below their catalog value. Other wise the buyer may have a hard time unloading them if he pays too much

[JOE]

Well, maybe there's hope for you after all! Those collector coins a a fools errand!

Ya only buy collector anything if a getta deal Lokmeer

[Lokmar]

Canadian gold sovereigns are the rarest & have the lowest montages of those ever produced...Lokmeer!

Go check this link out:

https://www.svcollector.com/en/articles/gold-sovereign-and-halves-mintages.html

They were minted all around the world & Canada had the fewest. Subsequently they are among the most sought after, collectible & expensive of the bunch.

I put a low bid on a 1908 Canada gold sovereign recently with a mintage of just 636.

I gave up tho after $10,000 US.

It finally sold for $19,000 US.

I wanted it...but not that bad, eh?

Generally buy those things if there's a deal and they sell 1/2 or below their catalog value. Other wise the buyer may have a hard time unloading them if he pays too much

And in the end, those gold coins are only worth the gold in them. What a waste of money! Picture this, dumbass: SHTF situation and as you said people are leery of counterfeit shit. First off, your $5000 collector coin is gonna be worth $2K. Second, they're going to be real suspicious of that old coin.

[Lokmar]

Ya only buy collector anything if a getta deal Lokmeer

Hey, if you really think the world is going to go on as it always has, collect away, josephine.

I'm telling you tho, you'll be real fukin salty if you wake up and that market collapses.

[JOE]

I'm telling you tho, you'll be real fukin salty if you wake up and that market collapses.

Perhaps.

But if the SHTF  everything else ll collapse too...Lokmeer!

Including her silver.

While gold plunge 25-35%, yer silver could lose 50-65%.

Reason I say this is that has been the pattern in the past.

I think 90 to 100 years ago silver was worth as little .30 cents during the Depression

But gold continued to either hold it's own or increase in value.

So if gold fell to say $1500-1600 per ounce, silver might go as low as $8-12. The impact of weak economic activity would surely depress the price of silver.

It might still buy something possibly a lot depending where you live. But I reckon it will never have the purchasing power or status that gold does.

Now while im interested in buying silver I wouldn't go crazy over it.

[Lokmar]

Perhaps.

But if the SHTF  everything else ll collapse too...Lokmeer!

Including her silver.

While gold plunge 25-35%, yer silver could lose 50-65%.

Reason I say this is that has been the pattern in the past.

I think 90 to 100 years ago silver was worth as little .30 cents during the Depression

But gold continued to either hold it's own or increase in value.

So if gold fell to say $1500-1600 per ounce, silver might go as low as $8-12. The impact of weak economic activity would surely depress the price of silver.

It might still buy something possibly a lot depending where you live. But I reckon it will never have the purchasing power or status that gold does.

Now while im interested in buying silver I wouldn't go crazy over it.

NOPE!!!!

Its a FACT that silver will be real currency. Paper money will be shit. Gold will be real currency too...but it'll be only worth its weight. FACT!

[Lokmar]

The value of gold and silver went UP,  during the depression, you brain dead retard.  Sure, it had a short time crash, but went right back up!

[Herman]

Because knocking that dumb cunt Senile JOEJ around is entertaining.

Fair enough.

[TheProwler]

I've been thinking I might do it Lokmeer!

I bought those things as novelty but now that its wearing off I'm actually getting tired of owning em.

Better to invest the money intact something else

You idiot!

[JOE]

The value of gold and silver went UP,  during the depression, you brain dead retard.  Sure, it had a short time crash, but went right back up!

Here's a link from a Big company you probably know, Lokmeer:

https://sdbullion.com/silver-price-history#:~:text=Silver%20Price%20History%20(United%20States)&text=In%20our%20nation's%20historically%20brief,fiat%20Federal%20Reserve%20note%20valuations.

SD Bullion.

The state how silver went down as low as .25 cents per ounce

It reached the bottom in 1934.

As you indicate, it went back up later after it crashed quite hard.

I believe it had a huge price the 80s when the Hunt Brothers of Texas tried to corner the market but were unsuccessful and it fell quite a bit after that.

Like I said, yer welcome to invest in Silver, but I'd prefer not to in any major way. As indicated, it's extremely volatile in large part because it's also a major industrial metal, not just one for coins or jewelry. When the economy slows so does demand for silver.

Also, altho it's gotta nice sheen to it, silver is just a little too common to be considered 'rare'.

If a person's gonna invest in silver, then they may as well invest in Copper too. Copper probably has a better future than silver.

If you wanna make some gains, go long on copper.

[Lokmar]

Here's a link from a Big company you probably know, Lokmeer:

https://sdbullion.com/silver-price-history#:~:text=Silver%20Price%20History%20(United%20States)&text=In%20our%20nation's%20historically%20brief,fiat%20Federal%20Reserve%20note%20valuations.

SD Bullion.

The state how silver went down as low as .25 cents per ounce

It reached the bottom in 1934.

As you indicate, it went back up later after it crashed quite hard.

I believe it had a huge price the 80s when the Hunt Brothers of Texas tried to corner the market but were unsuccessful and it fell quite a bit after that.

Like I said, yer welcome to invest in Silver, but I'd prefer not to in any major way. As indicated, it's extremely volatile in large part because it's also a major industrial metal, not just one for coins or jewelry. When the economy slows so does demand for silver.

Also, altho it's gotta nice sheen to it, silver is just a little too common to be considered 'rare'.

If a person's gonna invest in silver, then they may as well invest in Copper too. Copper probably has a better future than silver.

If you wanna make some gains, go long on copper.

Look josephine, how many times do I have to tell you, I buy for a SHTF situation. Neither gold nor silver move significantly enough to make any real profit in the short term. If you want to make money, invest in bitcoin. Bullion is for wealth preservation.

Your collector coins might make you a bit over the years but still, not anything major. Things people collect raise in value due to rarity and you can make money of a rare beanie baby just as you can a rare coin made from ANY material!

If fiat money ever collapses, gold and silver will be real money. Unless I'm buying big ticket items in a SHTF situation, gold is a liability. I'll be more worried about not starving to death than buying a car. This is where silver comes in. Its of a low enough value where I wont have to cut the coins up. You gonna carve your 1 oz gold coin into 10ths to buy groceries?

As far as gold vs silver rarity, look this FACT up for yourself:
gold for industrial use is in surplus every year and has been for decades
silver for industrial use is at a deficit and has been for decades
Also, look at a historical chart of the ratios of value between gold and silver. Silver has been artificially low for 20 years or more. IF this ever corrects to the historical relationship, silver will be priced at $50/oz. THAT will be an opportunity to actually make money. Those opportunities happen every few decades.

Buy silver to preserve wealth knowing you MIGHT have the opportunity to make money at some point. Patience.

[JOE]

Look josephine, how many times do I have to tell you, I buy for a SHTF situation. Neither gold nor silver move significantly enough to make any real profit in the short term. If you want to make money, invest in bitcoin. Bullion is for wealth preservation.

I might buy silver a bit at a time.
I think that's what the experts advise you to do anyway.
Buy 5 ounces at at a dip. wait for it to go up, fall again, and buy at a dip, and so on. Just keep doing that.  Trickle Investing. Averaging your purchases.

But don't buy all at once - such as 500 oz monster packs. That's when people typically lose a lot of money. And if you say, silver might rise to $50 an ounce, you'll see a lotta people jumping on the bandwagon to buy the monster pack. But by then, it's too late, and the next cylce will set in and of couse - it'll fall again. Rise, fall. Rise, fall.

But going back to gold vs Silver.

I'd say in the scenario you envision, it's not just those commodities which could rise, but many others as well.

Copper, lithium, cobalt, wheat, oil, coffee.

Or how about Platinum? Palladium as well.

I've actually started to get interested in commodities investing.

any suggestions on how to go about it?
ETFs perhaps?

Theres a an index with all of them listed, at current prices etc.

https://www.cmegroup.com/

here's a listing from bloomberg that tracks their daily prices/movements:

https://www.bloomberg.com/markets/commodities/futures/metals