There is an article on Kitco called A Perfect Storm is Brewing for Nickel. It is by Michael Beck. Here is the link:
https://www.kitco.com/news/2019-06-02/A ... -Beck.html
Within the realm of numismatics, potential owners of/investors in nickel need to realize that U.S. nickels are only 25% nickel (with the exception of the war nickels that contained 35% silver). The best way to get pure (.999) nickel coins is to buy Canadian nickels made through 1981. There are a few exceptions from the 1940's and 1950's when alternate materials were used. Also .999 nickel coins can be found from out of circulation coins from France, the Netherlands and several other countries. Some of these you should be able to get fairly cheaply from the world coin tubs and buckets at coin dealers.
What does everyone think about nickel as an investment?
Article: A Perfect Storm is Brewing for Nickel
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Article: A Perfect Storm is Brewing for Nickel
by Recyclersteve » Mon Jun 03, 2019 2:32 am
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
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Re: Article: A Perfect Storm is Brewing for Nickel
by 68Camaro » Mon Jun 03, 2019 3:04 pm
Physical nickel is a long-term small-percentage investment adjunct for me. I am hoping it goes up 2x or 3x before my heirs have to dispose of the relatively small amount that I do have. I'm not counting on it as any key portion of my portfolio. I'm hoping I (or my heirs) can at least get back what I put into it, which doesn't make it much of an investment does it?
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The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Article: A Perfect Storm is Brewing for Nickel
by Recyclersteve » Tue Jun 04, 2019 3:13 am
Depends on the person of course, but if I was under water on my nickel investment and had only a small percentage of my net worth invested, I would certainly consider doubling down.
The only potentially major issue I see for some is that it takes a fair amount of space to store it. So somebody with a 1-bedroom apartment and no other good place to store it (like a parent's house), for instance, would have a hard time justifying an investment in physical nickel.
The only potentially major issue I see for some is that it takes a fair amount of space to store it. So somebody with a 1-bedroom apartment and no other good place to store it (like a parent's house), for instance, would have a hard time justifying an investment in physical nickel.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
- Recyclersteve
- Too Busy Posting to Hoard Anything Else
- Posts: 4424
- Joined: Sun Jan 20, 2013 5:59 am
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