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To: Lurker
While I've got a very small amount of Au around, it's in very small denominations. 1/10 is the largest I've got. It's also available in grams FYI. Now silver, that's another story. "Junk" coins are great. I've been collecting them for years. 1 oz rounds are very convenient. I've been buying a couple a month for the last decade or so.

My family's "Inflation/Disaster Hedge" is similarly invested. A little gold squirreled away, and only little 1/10th-oz coins; but Junk Silver by the bag.

I didn't know that gold could be bought by the gram, though. Useful info, thanks.

Dollar cost averaged my 'price' is still pretty reasonable.

(Shrugs). As mentioned above, as long as silver is only 6 times as common as gold, yet costs only 1/66th as much, I think it's still reasonably priced!

16 posted on 05/27/2010 7:36:52 AM PDT by Christian_Capitalist (Taxation over 10% is Tyranny -- 1 Samuel 8:17)
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To: Christian_Capitalist

Some of the analysts are actually saying now there is more gold than silver in usable, above ground form.

Estimates for gold are usually in the 7-10 billion ounce range. Silver estimates are coming in at 5-6 billion ounces.


24 posted on 05/27/2010 11:34:30 AM PDT by djf
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