Be it silver, Platinum, , gold or palladium, If gold hit 800 or whatever in the Early 80's. With inflation, It is going to hit a record high, Those who have invested are in the drivers seat.If they can have faith and wait for it to peak. Some reliable sources estimate that it may hit around 2000 an oz.by the end of next year. Its changing every day and theres a rush on for gold right now. It will become supply and demand.
I had gotten several people to take a chance and they are freaking out over what they bought it for, and what spot is now. It is shocking, but we'll pay for it in other ways.
Silver is also a good bet , but not as active , nor expensive as gold.. But it is a good investment also. You can get ounce pieces at about 15 bucks max. and its going to go up just like gold, but not as high, but for lower income investors its a winner. Platinum is scary ,cause it jumps 50-100 dollars in a day. Plus to lay out over a grand for a small piece of metal seems ludicrous. But its the reality of the situtation.
I am not saying its a sure bet, there is risk on anything. I read where one company is selling rather low,1.5% over spot. but when it comes to resale, they want 30% on coins. 5% on bullion. It can be confusing and you can get rooked. So be carefull. Just thought I'd pass on what I see happening in that sector of finance. smg
I had gotten several people to take a chance and they are freaking out over what they bought it for, and what spot is now. It is shocking, but we'll pay for it in other ways.
Silver is also a good bet , but not as active , nor expensive as gold.. But it is a good investment also. You can get ounce pieces at about 15 bucks max. and its going to go up just like gold, but not as high, but for lower income investors its a winner. Platinum is scary ,cause it jumps 50-100 dollars in a day. Plus to lay out over a grand for a small piece of metal seems ludicrous. But its the reality of the situtation.
I am not saying its a sure bet, there is risk on anything. I read where one company is selling rather low,1.5% over spot. but when it comes to resale, they want 30% on coins. 5% on bullion. It can be confusing and you can get rooked. So be carefull. Just thought I'd pass on what I see happening in that sector of finance. smg