What’s the best way to invest in metals against inflation and dollar devaluation? Silver or Gold, bullion coin?
Where’s a good place to buy that’s safe. I was looking at Monex, but I have no idea about this.
First one should be aware of that Gold, or any commodity or precious metal is not a “safe” investment.
Safety implies that there is no risk. Gold is very volatile, there is no one backing the value, and there are no industrial uses for gold. Thus it is a speculators tool. I call it the “fear trade.” When people think the sky is falling, they run to gold.
The sky hasn’t fallen since THE meteor took out the Dinosaurs.
http://www.foxnews.com/story/0,2933,232898,00.html
http://geo.arc.nasa.gov/sge/jskiles/fliers/all_flier_prose/meteor_impact_duller/meteor_duller.html
Gold (ETF: GLD) might be an idea for a trade or used as a trading vehicle, but long term gold has historically been the 2nd worst investment after non-industrial diamonds (Chase Investment Performance Digest).
If you want safety, FDIC insured CD’s or US Treasuries are the lowest risk investments.
If you are looking for “principle safety” to hedge against inflation, the only investment that can meet that definition would be “Treasury Inflation-Protected Securities (TIPS).”
http://www.treasurydirect.gov/indiv/products/prod_tips_glance.htm
Right now, the market has moved away from the inflation trade and is focusing on deflation or stagflation again. This is why GLD is a trading vehicle more than an investment.
Longer term, would prefer to look at TIPS for part but not all of my money.
Good Luck.
Silver Bullion: If you’re Diversifying in .900 US Silver Coinage and .999 Bullion?
| | 10 US Silver Dollar, 2011, Suisse PAMP 3.5oz, Walking Liberty Gram Replicas x50 $475.00 |
| | 2009 AMERICAN SILVER EAGLE–GEM–BRILLIANT UNCIRCULATED CONDITION w/air-tite $34.99 |
| | 2012 American Silver Eagle Dollar Coin 1 Troy Ounce Of 999 Fine Silver GEM BU $36.00 |
| | 2003 U.S. 1$ Silver Eagle $45.99 |
| | 2012 AMERICAN SILVER EAGLE—GEM-BRILLIANT UNCIRCULATED CONDITION w/air-tite $34.00 |
| | 2005 .999 Fine Silver NORFED Liberty Ten Dollar One Half Troy Ounce $22.95 |
| | 2005 .999 Fine Silver NORFED Liberty Twenty Dollar One Troy Ounce $37.95 |
| | 1999 ONE US DOLLAR COIN SILVER EAGLE 1 OZ OF .999 PURE SILVER $38.88 |
| | Half Dollar Roll Unsearched – Possible Silver Kennedy/Franklin/Liberty $8.56 |
| | 4 x 100 TRILLION ZIM. DOLLARS + 4 x 1/10th OZ .999 Apmex Silver Round Fractional $42.95 |
| | 1964 KENNEDY HALF DOLLAR, PF DBL DIE OBV $100.00 |
| | * 1907 S U.S.A MADE TRADE SILVER DOLLAR PESO RAINBOW TONED *HIGH GRADE* $69.99 |
| | United States Silver Dollar, 1991 Bullion $67.00 |
| | Set of 12 Dollar Size Chinese Colorized Zodiacs Rounds $72.00 |
| | United States Silver Dollar, 2000 Bullion- NEW in CASE with Papers $35.00 |
| | 2012 American Silver Eagle Dollar Coin 1 Troy Ounce Of 999 Fine Silver GEM BU $36.66 |
| | 2007 U.S. MINT ANNUAL UNCIRCULATED DOLLAR COIN SET (XA1) $34.09 |
| | Canadian silver 10 dollars fine silver 2012 year of the dragon $44.95 |
| | United States Silver Dollar, 1995 Bullion 1 ounce fine $37.87 |
| | Three 2012 American Silver Eagle Dollar Coins $124.50 |
| | 1 Oz Ounce 90% SILVER US U.S. Coin Pre 1965 Half Dollar Quarters Dimes 1964↓junk $29.00 |
| | UNSEARCHED HALF DOLLAR BANK ROLL *JUNK SILVER POSSIBLE* 40% 90% Silver Possible! $8.50 |
| | United States Silver Dollar, 1986 Bullion 1 ounce fine $40.51 |
| | Half Dollar Roll Unsearched – Possible Silver Kennedy/Franklin/Liberty $6.55 |
| | *BEAUTIFULLY TONED *1993 AMERICAN SILVER EAGLE* 1oz SILVER BULLION* $65.00 |
| | Superfine Tasteful Delightful Nice Toning 1993 American Silver Eagle Dollar – MS $99.00 |
| | United States Silver Dollar, 2009 Bullion $37.05 |
| | United States Silver Dollar, 2011 SILVER EAGLE **FRESH FROM TUBE ** $36.00 |
| | United States Silver Dollar, 2003 Bullion 1 ounce fine $36.87 |
| | 2012 American Silver Eagle Dollar Coin 1 Troy Ounce Of 999 Fine Silver GEM BU $33.78 |
| | United States Silver Dollar, 1992 Bullion $30.00 |
| | 2001 American Silver Eagle Dollar $39.99 |
| | 1992 American Silver Eagle Dollar $39.99 |
| | No Reserve: 1983-1984 U.S. Silver Dollar Olympic Coin Set $69.99 |
| | United States Silver Dollar, 1987 Bullion 1 ounce fine $34.00 |
| | 1/2 oz 90% junk silver every lot half dollar .99 to open $13.19 |
| | MIXED LOT OF SILVER COINS~DIMES/HALF DOLLAR/QUARTER/CANADA 50 CENT PIECE $25.48 |
| | Lot of 12 half dollars 90% silver mixed lot. $6.00 face. $127.50 |
| | 1965 CANADIAN SILVER COIN 50 CENTS HALF DOLLAR SILVER 1965 ( LE 84 ) $65.00 |
| | 1965 CANADIAN SILVER COIN 50 CENTS HALF DOLLAR SILVER 1965 ( LE66 ) $68.00 |
| | 1986 Liberty Coin Set 1986 Liberty Half Dollar Liberty & Silver Dollar with COA $29.99 |
| | 3 DOLLARS 90% U S OLD SILVER COINS. $41.99 |
| | 1 Oz Ounce 90% SILVER US U.S. Coin Pre 1965 Half Dollar Quarters Dimes 1964↓junk $23.79 |
| | United States Silver Dollar, 1996 Bullion $38.00 |
| | 1994P Silver Dollar Women in Military Proof Cameo Virtually Perfect Coin Bullion $29.95 |
| | FIVE ROLLS = 100 MORGAN & PEACE SILVER DOLLARS! 100 GENUINE SILVER DOLLARS 90% $3,029.00 |
| | 10 dollar bill size Buffalo .999 Silver 4 oz 2011 Proof 1REFCO $169.00 |
| | 5 dollar bill size Indian.999 Silver 4 oz 2011 Proof 1REFCO $151.00 |
| | 10 dollar bill size Buffalo .999 Silver 4 oz 2011 Proof 1REFCO $151.00 |
| | United States Silver Dollar, 2010 Bullion $24.38 |
| | 1986 US AMERICAN EAGLE Silver Dollar Coin NGC MS69 .999 Silver Bullion $43.55 |
| | United States Silver Dollar, 1994 Bullion $31.00 |
| | Silver American Eagle Walking Liberty Dollars 2011 BU $34.40 |
| | United States Silver Dollar, 1995 Bullion $32.00 |
| | United States Silver Dollar, 1995 Bullion $32.00 |
| | United States American Eagle Silver Dollar 1996 Bullion w/Box $44.99 |
| | 2012 American Silver Eagle Dollar Coin 1 Troy Ounce Of 999 Fine Silver GEM BU $34.00 |
| | PROOF SILVER EAGLE DOLLAR 1989 $50.00 |
| | United States American Eagle Silver Dollar 1995 Bullion w/Box $39.99 |
| | PROOF SILVER EAGLE DOLLAR 1990 $50.00 |
| | 100 LOT = $50 FACE 1964 KENNEDY SILVER HALF DOLLARS 90% $1,224.00 |
| | PROOF SILVER EAGLE DOLLAR 1991 $50.00 |
| | 20 LOT 1964 KENNEDY SILVER HALF DOLLARS 90%! $254.00 |
| | PROOF SILVER EAGLE DOLLAR 1992 $50.00 |
| | Half Dollar Roll Unsearched – Possible Silver Kennedy/Franklin/Liberty $6.59 |
| | 1990 PROOF AMERICAN SILVER EAGLE US BULLION COIN $51.00 |
| | 1986 S Silver Proof American Eagle Dollar Coin US Mint $81.99 |
| | PCGS Certified 2007 Silver Eagle Dollar $1 Coin MS67 $70.00 |
| | PCGS Certified 2006 Silver Eagle Dollar $1 Coin MS67 $70.00 |
| | Estate Sale ★ Americas 1st Silver Dollar ★ Gold Bullion ★ Coins ★ Proofs ★ Bonus $149.95 |
| | SCARCE 1996 AMERICAN EAGLE SILVER DOLLAR $50.00 |
| | 2012 American Silver Eagle Dollar In Graduation Case $46.95 |
| | 1 Oz 90% SILVER Pre 1965 US Coin Half Dollar Quarters Dimes No Pure Junk 1964 &↓ $23.59 |
| | United States Silver Dollar, 1992 Bullion, UNCIRCULATED $29.56 |
| | PCGS Certified 2005 Silver Eagle Dollar $1 Coin MS67 $70.00 |
| | PCGS Certified 2000 Silver Eagle Dollar $1 Coin MS67 $70.00 |
| | PCGS Certified 1997 Silver Eagle Dollar $1 Coin MS67 $70.00 |
| | 1 Ounce Silver Dollar U.S. *Silver Eagle – 2011 **Gem Uncirculated $35.02 |
| | United States Silver Dollar, 1987 Bullion UNCIRCULATED $31.11 |
| | 1 Ounce Silver Dollar U.S. *Silver Eagle – 2011 **Gem Uncirculated $36.09 |
