Sep
Please, informed answers only. I'll be taking possession and selling it perhaps a thousand dollars at a time until annuity and retirement funds come into play. Frankly I see inflation and coming crisis one after another as the only sensible hedge. Which is better, easier to convert, less costly fees,, what denominations etc? Should I wait out the election? Thank you.
Answer:
you can take a look at my answer to a related question and see if it helps. http://answers.yahoo.com/question/index;…
otherwise, i always think it's good to have a combination of both gold and silver, because each of them varies in relative value from time to time.
for gold, i recommend Krugerrands, and for silver you can hold $1 American Silver Eagles, $5 Canadian Silver Maple Leafs, €1.50 Austrian Philharmonics, all 1-ounce coins. of course, silver is silver anywhere, but i still do like the Canadians, because it has a guaranteed base value of 5 Canadian Dollars, and if that makes any difference if/when everything else breaks down, i'd rather take $5C than $1US…
EDIT: Krugerrands have the least amount of premium buying or selling, in my experience. on a more practical note, gold is probably much better than silver as far as handling goes, because at $1000 at a time, you'd be lugging several pounds of silver as opposed to an ounce of gold…
Answer:
Gold and Silver are both good bets. Gold is more compact, if you’re storing a quantity.
Bullion coins are the easiest to buy and sell. Something that is widely recognized, like krugerrands, American eagles, or Canadian Maples. Known weight and purity.
You can purchase such things at some coin shops.
Or on the web at many places, for example:
https://online.kitco.com/bullion/
Good luck,
Grandpa
Answer:
Gold is your better choice. Comparing gold with silver I would advocate gold. particularly when seen in the long term context go for gold.
Answer:
Gold is historically the long term choice. Book Mark it-> del.icio.us | Reddit | Slashdot | Digg | Facebook | Technorati | Google | StumbleUpon | Window Live | Tailrank | Furl | Netscape | Yahoo | BlinkList