Gold bullion vs. Gold Numismatics
May 5, 2010 - 8:04 pm
Craig R. Smith, CEO of Swiss America, discusses the price and value of gold bullion coins vs. gold numismatic coins on CNNfn’s The Money Gang-Jan 31,2002
Duration : 0:5:22
[youtube pV5Jq3JSemk]
May 5th, 2010 at 8:04 pm
@madcatzy …
@madcatzy straight. I hope you bought gold when you posted that comment. Price now $1160 US an ounce. It’s awesome stuff. $2k by year end.
May 5th, 2010 at 8:04 pm
Numismatic coins …
Numismatic coins appreciate in value exponentially vs relatively with bullion coins. Find out how to make thousands for collecting numismatic coins. thenumismaticnetwork . com
May 5th, 2010 at 8:04 pm
TO ALL – I have a …
TO ALL – I have a theory on the potential of Numismatics that I have shared in my most recent video “Numismatic silver vs silver bullion” And I want to hear what other people think about it.
So anyone who would visit my video and give me your thoughts on it I would really appreciate the feed back, cheers.
May 5th, 2010 at 8:04 pm
LOL, yeah, for a …
LOL, yeah, for a second there, i was thinking what the is this guy talking about, thanks for clearing that up
May 5th, 2010 at 8:04 pm
as far collecting …
as far collecting or investing in numismatics coins or bullion….rather gold, silver or platnium. if you are playing the bullion you are playing the numbers of day to day. which yes , if the gov. wanted to come in and take your bullion coins they CAN. but they CAN NOT take your numismatics coins. proof like or MS. the chances of them doing that are very slim. when we talk abot numismatic coins the price of gold or silver doesnt matter becase its based on a supply and demand game.
May 5th, 2010 at 8:04 pm
oops, I meant that …
oops, I meant that Gold is only 10x rarer than silver, d’oh.
May 5th, 2010 at 8:04 pm
Silver and gold …
Silver and gold ratios will narrow. Silver is only 10x rarer than gold and should have a value ratio of 10:1, so silver should theoretically be trading at close to $100 an ounce at a 10:1 ratio. In the past it has traded at close to this ratio. Currently it is at a ratio of about 70:1. In time the ratios will narrow back again, so silver has the potential to increase much more than gold through the ratio value alone. Also, don’t forget that there is more gold above ground than silver right now.
May 5th, 2010 at 8:04 pm
why do you think …
why do you think silver will increase in value at a higher percentage? what do you mean by your statment? please tell me?
May 5th, 2010 at 8:04 pm
my my, how things …
my my, how things have changed… gold bullion is now beginning to go through the roof, whilst these commemorative type coins arent anymore. At the end of teh day folks, buy bullion, not collectables!! As the us goes into a depression, gold and silver bullion will increasingly become valuable commodities (particularly silver).
May 5th, 2010 at 8:04 pm
that is very true …
that is very true my friend.
May 5th, 2010 at 8:04 pm
i heard they were …
i heard they were going to invest theyre money into gold because theyre value is so high and gold was always really high in price in stocks that if or when they do invest into gold… the price of gold will skyrocket because chinas investment into it and you will see your stock increase by a ton
but im not a stock expert but i do believe gold is the way to go in stocks
May 5th, 2010 at 8:04 pm
So what? What would …
So what? What would stop Obama from doing that today? Anyways, I’m asking about bullion coins vs bullion bars. The bars are cheaper, but less liquid.
May 5th, 2010 at 8:04 pm
D33Lux: keep …
D33Lux: keep buying silver. It is undervalued right now and there will be a serious industrial need, i.e. China, for silver in the near future.
May 5th, 2010 at 8:04 pm
The US Government …
The US Government can legally confiscate your bullion. It is in the US Code. In fact, FDR did just that with gold in the 1930’s. He did not touch the numismatic coins.
May 5th, 2010 at 8:04 pm
I’m buying silver …
I’m buying silver at the moment, but I can’t figure out if Bullion is the way to go, or if I should just stick to 99.99% pure coins.
May 5th, 2010 at 8:04 pm
I regret not buying …
I regret not buying it when it was approx. $500 an ounze.
May 5th, 2010 at 8:04 pm
Junk silver, if you …
Junk silver, if you can find it
May 5th, 2010 at 8:04 pm
yes it’s price can …
yes it’s price can fluctuate wildly but no matter how much it goes down in price, it will never be totally worthless. unlike stocks that can be worth absolutely nothing overnight. the gold price can crash, but it will still at least be worth something. gold and especially silver is the way to go these days.
May 5th, 2010 at 8:04 pm
So I could buy it …
So I could buy it at $280. I have very little gold.
May 5th, 2010 at 8:04 pm
Why
Why
May 5th, 2010 at 8:04 pm
I wish gold was …
I wish gold was $280 today.
May 5th, 2010 at 8:04 pm
My past financial …
My past financial advisor strongly discouraged me from investng in gold when it was 500-700 an oz, telling me I listened to too much Glenn Beck, Peter Schiff & David Walker; instead talked me into Muni’s, ORNCX just one looser w high fees. I lost $10K in 2008, then gold went over $1K. Thank God I payed attention to the 3 guys I was discouraged from. Gold @ $1500 this year? With the Obam/Palosi spenulus plan, my bet is on gold $ silver. People, STOP selling grandmas silverware& jewlery!
May 5th, 2010 at 8:04 pm
gold is the only ( …
gold is the only (besides silver and other very precious metals) way to back up your financial wealth. the FED (Federal Reserve) is owned by private companies, NOT by the United Sates government, and all interest rates are regulated by this(ese) PRIVATELY owned companies. All stocks are based off of federal reserve money, which is only worth the paper it is printed on. your money needs to be taken out of banks and traded in for precious metals which is actually worth some value. Listen.
May 5th, 2010 at 8:04 pm
the gold market is …
the gold market is manipulated and for such a stable investment it price fluctuates wildly.
May 5th, 2010 at 8:04 pm
You can still get …
You can still get it in europe..