I know its a good time to buy....but.....

[SilverStacker]

I'd have to scrape together every buck I got, well not quite, mo other investments are doing very good "other then the fact they are just making $USD".

My point I'm trying to make is the 1 oz AGE at $4,168 I dont think is going to stay that low for a long, long time.. I think gold is ready to take off again.

 

[KnowWhy]

SilverStacker, were you around in GoldisMoney? There was a cool member by name HistoryStudent. Had a stylized John Wayne avatar. He was a non-stop bull cheerleader. I think his fundamentals were right, but his timing was off. If one read his logic and got into the hype, one would mortgage their house to buy silver and gold. In like 2009-2011. But then one would have languished the next ten years.

Gold and silver at some nominal highs and it looks like no shortage in the USA.

I really like your cheerleading, and it warms my heart. I bought some gold grams yesterday. Why not? Im likely going to work another fifteen-twenty years.

 

[SilverStacker]

I get gold fever and spending $4 K+ on a coin is no little investment for me. Back when I was working and making all that O.T. money it never occurred to me to buy gold but now I could kick myself in the ass for not making the investment. Back in 2001/2002 I came into some serious money but pissed it away traversing the world hunting and fishing tho I did buy a house at least. I really have no regrets but then again when gold was $263 I could have easily bought $50 K worth without even breathing hard. But who thought the stuff would rocket to these prices back then ?

Dont make my mistake. If your working and making cash then buy gold.

 

[nickndfl]

SS, I think the only mistake you are making is locking on AGEs when you can buy foreign fractional gold coins at spot dude.


Check out this product: Canada 1/2 oz Proof Gold Commemorative Coin (Random Year) https://bullionexchanges.com/canada-1-2-oz-proof-gold-commemorative-coin-random-year

 

[nickndfl]

Gold is gold and foreign buyback is around spot -2% compared to spot for AGEs. However, buying at spot nets you at worst a wash when you must pay spot + 2% for an AGE.

 

[KnowWhy]

And the Canadian stuff is likely .999. More desirable to many

 

[Vichris]

SS, I think the only mistake you are making is locking on AGEs when you can buy foreign fractional gold coins at spot dude.


Check out this product: Canada 1/2 oz Proof Gold Commemorative Coin (Random Year) https://bullionexchanges.com/canada-1-2-oz-proof-gold-commemorative-coin-random-year

.

Agreed, I really like those Queen E. commemoratives. I have a few of them, I refuse to buy anything with king Chucks face on it. I also like the Philharmonics when you can get them at a good deal.

 

[nickndfl]

And the Canadian stuff is likely .999. More desirable to many

Some of the Canadian is 4x9s and 5x9s fine. The 5x9s is collectible.

 

[Viking]

I started buying back in 2002…just didn’t buy enough. Into Re now.

 

[SilverStacker]

SS, I think the only mistake you are making is locking on AGEs when you can buy foreign fractional gold coins at spot dude.


Check out this product: Canada 1/2 oz Proof Gold Commemorative Coin (Random Year) https://bullionexchanges.com/canada-1-2-oz-proof-gold-commemorative-coin-random-year

I have a smattering of Kruggies, Maples, a Britannia, I just bought a ST Gaudens, I have a Philharmonic, so these gold coins I dont consider below me. And while I do have a few 1/10'ths I do much prefer 1 oz coins to fractionals. So considering I only started stacking last spring I'm doing OK, those little frucking coins have a lot of value.. Half of my gold are 1 oz AGE's and I really wanted to concentrate on them for awhile but the reality is I'm not a heavy hitter and hold a modest gold stack.

To be honest the price of these "other then American" 1 oz gold coins just aren't much cheaper then AGE's, if at all.

 

[nickndfl]

Anytime you can buy fractional at spot you do it.

 

[SilverStacker]

Anytime you can buy fractional at spot you do it.

Done and done. Thanks Nick.

 

[Goldhedge]

 

[Casey Jones]

It's a good demonstration...but, anyone believe it's not staged?

You tell me I'm out $15k on three fake bars, and I'll have some things to say. Not to take it out on the counter-man, but I'd have questions, and some all-purpose general swears.

And I'd be watching his jewelers test it even more carefully than he did.

I just get the vibe that it was scripted. Maybe he got hold of a handful of fake bars and wanted to show how it might go, you buy from AI Asian Guy at Ebay...