Precious metals as an investment have always been a very safe and conservative bet but many people have no idea what gold and silver are worth these days. Would you carry precious metals in your portfolio?
I like the stock market better. In an out. Make your money and run. The next big thing is vehical batteries and exchange stations. Kind of like propane tanks. Give your empty and pay for a full. Look for it. Its gonna be big.
Wouldn't that make it heavy after a while? ?
Heavier but less bulky, especially if you were transporting funds between countries. Gold and Silver coins are assessed at the face value on the coin which is always much less than the precious metal value. I confirmed that with customs a few years ago when the currency police were stopping people on the boarding ramp to the plane.
@Surfpirate isn't that because the coins are made with more materials than purely silver or gold?
@memorylikeasieve bullion coins are 99.99% pure gold or silver metal for gold and silver coins respectively. Old silver coins were usually 90% silver up until the mid 60's, then they dropped to 40% and then 0% after the mid 70's when America came off the gold standard completely.
I have no idea what they're worth... But it makes no difference. I'm as poor as a church mouse.
If you get a real silver coin in your change, older coins pre-1960, it's a win fall as they are worth more than their face value.