Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more. You can visit the forum page to see the list of forum nodes (categories/rooms) for topics.
Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!
I bought a 1/10 toz Gold Eagle once because it was a really good deal at the time (premium worked out to be less than going rate for a 1 toz gold Eagle). When it arrived in the mail, it was the first time I'd seen one in person. It is *so* tiny! Very easy to lose. I haven't bought fractional toz gold since. If I'm buying gold, I'm buying 1 toz bars/coins. YMMV.
More direct to the OP question - it really depends upon what you already own and what you think your bigger needs are. As has already been mentioned, there are various considerations.
I have a 1/10 oz SLA round and a few 5 gram bars as well as several 1/4 oz silver coins, so I understand how tiny the fractional gold coins would be, that's one of the things I don't like is it doesn't seem like I'm getting much for the $$$. I guess I just always see getting gold as putting a lot of eggs into one basket, I suppose I could say with silver I'm still putting the eggs in one basket it's just a larger basket. I just have a feeling if I pull the trigger on some gold instead of silver, it will tank and silver will be fine or go up, and if I don't get the gold, it will take off and I'll be kicking myself. The wife and I had talked about getting some gold when we were getting a bunch of silver in '99 & '00 mostly for our kids. We decided against it as we could get so much more silver coins for our $$. Now not to say that silver hasn't done well in that time but we really kick ourselves for not getting some gold as well.
I was bemoaning the fact that I didn't buy some St. Gaudens double eagles in 1995 when they were a fraction of the cost that they are now, (in light of the fact I can't afford them now) and she pointed out we couldn't have afforded them then, either.
Right now if you had an extra grand or two laying around would you rather put it all in silver, gold or a mix, and if you mixed it, what percentage would you do? I just made a couple good size orders of silver and am contemplating getting some gold, like around 2/3 - 1 oz in fractional stuff plus a little more silver. The thing is when I spend a grand or two on silver, I get LOTS of nice coins to look at, with the gold not so much. I know that's not the way to look at it so I was just wondering what you other PM junkies would do. So who likes all silver, all gold, who says a mix, and if a mix what ratio dollar wise would you mix it?
...
Anyone have any idea which company has the best performance, ....
If i have an extra grand i would definitely invest in gold, gold is always promising and provides a guarantee of better returns.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?