***The Official Gold, Silver, and other Precious Metals Thread***

**ilovedrpepper** · 04-25-2011, 04:28 PM

Welcome to the official Gold, Silver, and other Precious Metals thread. This thread is to inform, discuss, and educate you on the advantages and disadvantages of investing in precious metals. This first post will be a general overview of common definitions, coins, bullion, places to buy, other forums, news sites, etc. I will be using American coinage and bullion for most of my examples since I am from America and the majority of this board is as well. Remember, take everything you read here with a grain of salt. Nobody here can predict what the future of the market is going to do. Do your research, come to an educated decision, and make a move based on your findings. Let’s begin.

Definitions:

Precious Metal (PM) - rare, naturally occurring metallic chemical element of high economic value.

Junk Silver - Junk silver is an informal term used in the United States, United Kingdom, Canada and Australia for any silver coin which is in fair condition and has no numismatic or collectible value above the bullion value of the silver it contains. Such coins are popular among people seeking to invest in silver, particularly in small amounts. The word "junk" refers only to the value of the coins as collectibles and not to the actual condition of the coins; junk silver is not necessarily scrap silver.

Bullion - Gold or silver considered with respect to quantity rather than value. Gold or silver in the form of bars, ingots, or plates.

Rounds – Any PM made in the classic round form that is not backed by a countries government.

Coins - specially minted coins that are distributed and backed by a countries government.

Spot Price - The market price of a commodity. The current price at which a particular commodity can be bought or sold at a specified time and place.

Sites to Purchase PM's
http://www.apmex.com/
http://store.scottsdalesilver.com/page/24/index
http://nwtmint.com/
http://www.perthmint.com.au/
http://www.bullionuk.com/
https://www.ukbullion.co.uk/
http://www.gainesvillecoins.com/
http://silvergoldbull.com/s/

***Obviously there are MANY more sites so scan this thread to find them.***

Other PM Forums
http://forums.silverstackers.com/
http://cointalk.com/
https://www.kitcomm.com/
http://www.bullionstacker.com/

***Obviously there are MANY more forums so scan this thread to find them.***

News, Deals, Informative sites
http://coinflation.com/ - The absolute best site to learn about junk silver.
http://www.zerohedge.com/ - Filled with news and articles on events that affect PM's
http://preciousmetalbargains.com/ - Deals found in magazines, etc. It may be best to call later at night in order to avoid being asked questions about things on specific pages or before you call, you can look for an online version of the magazine.

**ilovedrpepper** · 04-25-2011, 04:28 PM

Most Common Coins. You will have to pay a premium over spot price on these coins because of recognize ability, desirability, and liquidity.

Silver American Eagle

Canadian Maple Leaf

Austrian Philharmonics

Mexican Libertads

Chinese Pandas

Australian Lunar

Bullion is most commonly purchased in 1 ounce, 5 ounce, 10 ounce, 1 kilo (32.15 ounce), 50 ounce, or 100 ounce bars or coins.

**Huberus** · 04-25-2011, 04:31 PM

In and bookmarked. Lets do it.

**themiscson** · 04-25-2011, 04:32 PM

inn

good book to read

Interesting video

**nucks09** · 04-25-2011, 04:33 PM

another site to buy physical silver/gold that is Canadian-friendly: http://silvergoldbull.com/s/

//edit: interesting: APMEX is buying back ALL silver (gold) eagles for $3 ($38) OVER spot

guess they really ran out!

**tha_deuce** · 04-25-2011, 04:34 PM

1rd page bitches!!!!!!!!!!!!!!!!

brought to you by

**drxmn** · 04-25-2011, 04:35 PM

in as a relatively old-timer

**TIroneous** · 04-25-2011, 04:37 PM

in.

**SipNPiz** · 04-25-2011, 04:38 PM

in with 1oz lol

**twelvelookslike** · 04-25-2011, 04:39 PM

Lithium will be one day

**Sandman33** · 04-25-2011, 04:40 PM

Ohai!

**ilovedrpepper** · 04-25-2011, 04:41 PM

Originally Posted by SipNPiz

in with 1oz lol

im only adding 1-2 oz a week, just stick with it!!!

**jeIIybrah** · 04-25-2011, 04:42 PM

edit: strong sarcasm detector guise

**ilovedrpepper** · 04-25-2011, 04:44 PM

Originally Posted by jeIIybrah

*******s discussing precious metal investing on a bodybuilding website could be indicative of the beginning of a bubble.

just like my hair stylist told me he's going all in the stock market

just saying

nothing i love more than a hater, makes me feel great.

**Whundrbread** · 04-25-2011, 04:46 PM

In on this thread. Wat do you think bernake will say on wednesday??

**drxmn** · 04-25-2011, 04:46 PM

Originally Posted by jeIIybrah

*******s discussing precious metal investing on a bodybuilding website could be indicative of the beginning of a bubble.

just like my hair stylist told me he's going all in the stock market

just saying

Yes, because this is new.

**themiscson** · 04-25-2011, 04:47 PM

Originally Posted by jeIIybrah

*******s discussing precious metal investing on a bodybuilding website could be indicative of the beginning of a bubble.

just like my hair stylist told me he's going all in the stock market

just saying

Yeah, one could say this. But the fact of the matter is the misc is a community of people who aren't out getting hammered and wasting their hard earned money on cars, booze, and other dumb****. It is mostly made up of very inverted, analytical people, who tend to be interested in investing.. When you go to a highschool/ college party and you hear people talking about how they are going to make tons of money buying pm's. That is the time to get out. Also, I dont know about you, but I dont know to many people invested in pm's. In fact, 99.99999% of people i know dont know a thing about pm's

**themiscson** · 04-25-2011, 04:49 PM

**ilovedrpepper** · 04-25-2011, 04:50 PM

Originally Posted by nucks09

another site to buy physical silver/gold that is Canadian-friendly: http://silvergoldbull.com/s/

added to OP, thanx

**hungarian_boss** · 04-25-2011, 04:52 PM

In.
Reps on recharge OP.

**me luvs chicken** · 04-25-2011, 04:53 PM

im hoarding copper come at me

**themiscson** · 04-25-2011, 04:54 PM

Originally Posted by pelamela2012

.
good..........gtfo..........

**TheClimax** · 04-25-2011, 04:55 PM

In4 later

**themiscson** · 04-25-2011, 04:56 PM

Originally Posted by me luvs chicken

im hoarding copper come at me

as am i.. You jelly?

**ilovedrpepper** · 04-25-2011, 04:58 PM

^^^o lawd at that second pic.

**themiscson** · 04-25-2011, 05:01 PM

Originally Posted by ilovedrpepper

^^^o lawd at that second pic.

mostly nickels and copper pennies.. some of my idiot friends have thrown handfuls of change in there though (not a single fcuk was given).. Thing weighs like 300+ pounds

**FormulaLT1poweR** · 04-25-2011, 05:06 PM

Im here! Looks good man, nice job...remind me for reps tomorrow!

**pelamela2012** · 04-25-2011, 05:10 PM

what china is up too.....
http://online.wsj.com/article_email/...TIyMDUxWj.html

**Lemonade727** · 04-25-2011, 05:11 PM

Wish I would have gotten into silver a while back. Subbed to read up more on this ish though.

**ilovedrpepper** · 04-25-2011, 05:11 PM

Originally Posted by FormulaLT1poweR

Im here! Looks good man, nice job...remind me for reps tomorrow!

strong reps, i wont forget! lol, welcome!

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