Thread: Precious Metals
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imcarthur imcarthur is offline
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Join Date: Jun 2003
Location: Toronto
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I just came into the market through the backdoor & I find myself in control of a stash of the real thing - gold & silver. Coins, bars etc.

My initial research tells me that physical gold & certs are being bought & hoarded by big & smaller investors. It is in a demand slump in the manufacturing sector & the jewelery sector. The mines are digging due to demand. Advances are assumed with some downward spikes in the short-term but a steady march up.

Silver is more dependent on industrial usage. It has been in decline. They jabber about the gold to silver ratio & how silver is undervalued & therefore theories say it should rise.

I am still learning. Pay careful attention to the actual in-store buy/sell difference. Keep your bills with the product & keep the product sealed. This helps with resale.

Palladium & platinum? Just shiny metals.

Some research:

Kitco
Kitco Silver

Their forums show that there are some really strange people that collect gold . . .

Ian
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Last edited by imcarthur; 11-17-2009 at 05:04 PM..
Old 11-17-2009, 04:52 PM
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