Have £500 to spend over the weekend

[breaktwister]

Gold and silver smacked right down today, silver a whopping 7% down.  I consider this a buying opportunity and was wondering if I could get some advice on potential purchases.  Im thinking of adding some silver bars or coins (bullion) or preordering two of the 2017 sovereigns.

I am limiting myself to one or the other or perhaps someone could suggest an alternative that I could explore?

 

 

[fehk2001]

£500 not enough for 2 sovereign, unless you are going for quarters and half

[breaktwister]

https://taxfreegold.co.uk/2017sovereigns.php

 

[breaktwister]

I guess the prices change as per spot so I'll just confirm here that they are £246 each at present and the price should stay that way all weekend.  Im torn as I feel that silver has more medium term upside after todays total smash, but longer term the 2017 sovereigns are surely also a winner (especially if carrying a 200 privy or suchlike).

Leaning towards the sovereigns.

[fehk2001]

4 minutes ago, breaktwister said:

I guess the prices change as per spot so I'll just confirm here that they are £246 each at present and the price should stay that way all weekend.  Im torn as I feel that silver has more medium term upside after todays total smash, but longer term the 2017 sovereigns are surely also a winner (especially if carrying a 200 privy or suchlike).

Leaning towards the sovereigns.

I though you want the proof 2017 , I am doing the spread sheet  ( what to buy list for 2017 right now as well )  and where to buy them

[breaktwister]

Already got a proof coming I want to use this price dip to stack weight, gold or silver, rather than a numismatic play.

[HawkHybrid]

Quote

The reverse will likely be Benedetto Pistrucci's St George and the Dragon design, as seen in previous years. 

 

there maybe nothing special about the 2017

bullion sovereign?

 

HH

[Bullionbilly]

@breaktwister what did you decide on ?  And where from ?

[breaktwister]

Haven't pulled the trigger on a purchase. I think gold might slide for up to two months which would be awesome as I will buying as much as I can for the next leg up.  Silver I dont think will slide as much in the nearterm which makes the 7% drop on Friday such a great buying opportunity IMO.  

[breaktwister]

On 12/11/2016 at 01:10, fehk2001 said:

I though you want the proof 2017 , I am doing the spread sheet  ( what to buy list for 2017 right now as well )  and where to buy them

What spreadsheet is this? is it only for premium members? I'll likely become one in the near future anyway.

[fehk2001]

27 minutes ago, breaktwister said:

33 minutes ago, breaktwister said:

What spreadsheet is this? is it only for premium members? I'll likely become one in the near future anyway.

What spreadsheet is this? is it only for premium members? I'll likely become one in the near future anyway.

no, that's my own spreadsheet