Quote:
Originally Posted by tabs
One can play the precious metals game in a number of ways
Buy Bullion or its proxy
Buy Current Coins, like Krugerrands
Buy Numismatic Coins...$20 Gold eagles
Buy Jewelry, thats what the Indians and Arabs do
Buy Flatware or Hollowware.
Buy Placer Gold..as in Gold nuggets
They are hedges against inflation and the standard when currencies fail.
The English nobility and European nobility in general was famous for their Silverware and Hollowware (Teas Sets, Trays, Candelabra etc) it was a way that they could put their wealth to use on a daily basis and if times got tough they could melt it down into coins.
If I were to invest in Gold or Silver it would be the numismatic or flatware approach, maybe jewelry approach (Solid Gold Chains).
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Silver has anti-microbal properties.