Q&A: Gold and silver have become great investments this past decade. Have you invested in any?
Even the mint has a hard time keeping up with orders now and at times, orders are delayed.
I was wondering? If maybe it is just a few rich people buying it all up , or if the general public are also doing what they can to protect what they have.
I have about half of my savings in gold and silver coins. I am a real gold (and silver) bug though, and have absolutely no faith in any paper currencies.
Are you invested in gold and silver? Just curious to see how many people are doing the same or if it is a relatively small percentage of the population.
goldsenze.com Answer:
I swing trade gold and silver using the ETF?s GLD and SLV. Paper currencies????? did you know the biggest holder of silver in the world is SLV? GLD is in the top 10. These holders are mostly professionals that know what they?re doing. Certainly they?re not crazy enough to put their money in coins?. which can easily become a problem because of limited demand when it?s time to sell.
Half your savings in silver and gold?? Simply not prudent. 3%-5%? that would be fine. Don?t trade on what you ?believe? unless you have a clear & quickly executable plan to get out on the downside. The earth will not always operate on what you believe or hope for.
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