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To: An American!
my exp with gold is that many years ago, in the mid 80's, I wanted to buy a legacy gift for my children...all I could afford was gold commemoratives....two of them at 1/2 oz apiece of Marian Anderson...

of course when I bought the price was high....$600 IIRC.....

so all these years and yes I could have sold when gold hit high but it defeats the purpose of buying them in the first place....

so what do you do?.....is there anything to buy that you won't mind selling but will increase value?

5 posted on 06/22/2012 3:42:48 PM PDT by cherry
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To: cherry

That is one reason I advocate silver over gold. Easier to buy and sell...smaller denomination bills if you will. Gold is like taking a 100 dollar bill to buy a pack of bubble gum, silver is taking a 5 dollar bill to buy a pack of bubble gum. I can buy a lot of silver over time to even out the high/lows and sell a little back at a time. an ounce of silver is 30 bucks, an ounce of gold is 1600.


6 posted on 06/22/2012 8:07:40 PM PDT by An American! (Proud To Be An American!)
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