He knows I collect silver?
I live with my best friend and he know that I collect older silver coins and American Silver Eagles dollar coins. Well he went out and bought me alot of silver old PCGS graded coins and 15 proof American Silver Eagles. My silver eagle proof set (1986-now) is now up to date thanks to him and I have a few doubles. He also told me that he have a coin that i've been wanting for a long time that hit him up hard in the pocket but I have to wait until Christmas. He has spent alot on me so far and bought me some really nice coins. I went out yesterday and bought him a friendship platinum ring that was $2,350 and I had his name added on it on the front. Should I give it to him today or wait until Christmas?
this is my childhood friend so I think this will mean alot to him. We've been friends since we was six and we are both 25 now.
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What is Influencing the Price of Gold ?
Why is Gold continuing this decline? A month ago, it was said that there was such a demand for Gold that the US Mint was temporarily discontinuing the Golden Eagle coin due to demand, and even Kitco had a 6 or 7 week waiting period on all shipments due to the high demand. But even with Oil prices plunging and the stock market plunging, gold continues to drop in price. I guess that I figured that gold was a safe "hedge" and that the prices would still be climbing. So why is it steadily dropping? The same with Platinum. I've not seen precious metals this low in quite some time. Thanks for any input you might be able to contribute.
Gold, platinum and silver as investments?
I’d like to start investing in precious metals as part of my overall investment portfolio.
Is it better to buy the actual coins, a US Gold Eagle, for instance, buy the ETF, or find a mutual fund that specializes in precious metals?
If there really was an economic or governmental collapse, couldn’t the ETF or mutual fund become worthless as well?
