where do you like buying from, DM if you wouldn't mind replying. Also, is it worth it to buy certified or is uncertified fine? I have only bought bars in the past but the Eagles are catchig my eye.
I'm not sure I understand what you mean by certified. Are you talking about a proof of authenticity card signed by the mint that comes with say a proof finish coin in a special container?
If so I would avoid those unless one knows about the intricacies of the collectors market which requires quite extensive knowledge and time investment (if you can get a proof or limited run coin from a trusted mint without much premium then it may be a good idea).
Most people simply go to a reputable dealer like JMBullion and then buy 'the basics' in my opinion it's best to stay away from private mint 'rounds' or 'generics' and get the Government Minted coins like the American Gold Eagle, Canadian Gold Maple Leaf, Gold Krugerrand (there are other acceptable choices too). The reason to stick with Gov Minted coins is basically a combination of counterfeit law protection/trust and recognition.
I personally think silver is a better buy at the moment but I wouldn't neglect gold totally. You might be able to find the South African Silver Krugerrand at lower premiums than say the American Silver Eagle atm and doesn't have the Queen's effigy on it like some of the other options (Britannia/Maple Leaf etc.) which is probably a plus for most potential NA buyers. Obviously if you've got millions you want to put into metals it might be a bit impractical to go the silver route.
If the military really did make "hundreds" of trips to pick up all that liberated Cabal loot in Europe, then there could be a LOT more gold out there than anyone realizes.
It was selling for under $1300/oz only two years ago, and it's suspicious the way it's been falling from its recent high while stocks and cryptos keep going up.
You know what would be amazing? I find that many people (including myself are overwhelmed with where to start and what to avoid) Would be awesome if we had some senior gold pedes that could maybe start a gold.silver info post
If it hasn't been done yet, can someone who has good resources for gold and silver please give some links to places that won't rip us off. I have no idea how to go about buying these. Thanks!
Apmex and sdBullion have low over cost prices and are well established for precious metals. Apmex slightly better due to stupid fast shipping, sdBullion shipping is out almost 10 days
If I'm understanding your question correctly it's typically 1/20oz but you would be best to avoid buying such a small size bar because it would incur gross premiums. With gold you typically wouldn't want to buy anything smaller than 1/10oz due to premiums but most would say if you have the money go for 1oz at a time.
I understand the idea but in this case the only reason gold has to go down is manipulation and if we believe Q is behind the scenes putting an end to this sort of stuff I wouldn't be waiting to buy something which is obviously due to go up in value.
Could it really be a hedge against inflation and then go down in price by any meaningful amount just after huge money printing?
I don't think so. My conclusion--don't wait to buy too long, as the only logical place for the price to go is up.
Edit: I should have been clearer. I didn't mean only reason. As pointed out below selling pressure could influence the price as could manipulation and perhaps a few other small reasons. I just don't think these reasons are enough to risk waiting for the price to go down when it's quite likely that it'll go up a lot in the near future and you could miss the boat.
You don’t think the supply for people taking profit at the recent all time high would cause price to move lower even temporarily...!? The market does correct and pull back and I would guess if the market recently made and all time high you would be selling increasing the supply which would cause the price move lower.
Yes I have considered that but what I said was; I don't see how it could go down 'by any meaningful amount'. Granted it's just my opinion without having gone over heaps of data but I don't think any of the bigtime gold/silver holders would be selling right now. I think it'd be a bad idea to do so, the inference being that the selling pressure isn't that widespread and you'd be risking too much for too little trying to buy in later when this thing could explode at any moment.
It’s already come 220$ off the all time high and it appears price is currently below previous support of around 1,820 if it stays below I would expect and extension even lower while price Looks for a bottom I could be wrong but I don’t catch falling knives I’ve been doing this to long and know how to time the market correctly and to me this is getting in to premature when you could probably buy in much lower patience is a virtue I could be wrong but keep some money on the side incase it does so you can dollar cost average down from your original entry becuase you probably won’t be in profit or make any money for awhile if you buy now and it drops price will have to come all the way back up to previous all time highs and make a new one for you to make any money you could be stuck bag holding for awhile if you fuck up.
No worries, I took some decent profits on my gold and silver when the both hit all time highs well silver not an all time high but highest in recent years since it crashed after hitting 40 an oz waiting for both to come much lower to grab up a bunch for much cheaper if I bought right now I’d basically just be buying slightly below where I sold and if it dropped I’d be stuck bag holding for a long time like a fool and cost averaging down so I plan on waiting precious metals is quite a bit different then stock but similar in many ways. I could always be wrong but who knows we will see been watching it for about 6 months now and both sold off and did a little bull trap but they’re both pulling back again showing some resistance in my opinion to previous highs and looking to go lower lately.
Been buying. Just bought more. love getting American eagles for less than $2k paper money.
And to the comments about bullets vs gold, have both. it's called balance
where do you like buying from, DM if you wouldn't mind replying. Also, is it worth it to buy certified or is uncertified fine? I have only bought bars in the past but the Eagles are catchig my eye.
JMBULLION.COM
I have a few bars but like coins better. i don't do the cased certified ones, i like to hold them sometimes lol
I'm not sure I understand what you mean by certified. Are you talking about a proof of authenticity card signed by the mint that comes with say a proof finish coin in a special container?
If so I would avoid those unless one knows about the intricacies of the collectors market which requires quite extensive knowledge and time investment (if you can get a proof or limited run coin from a trusted mint without much premium then it may be a good idea).
Most people simply go to a reputable dealer like JMBullion and then buy 'the basics' in my opinion it's best to stay away from private mint 'rounds' or 'generics' and get the Government Minted coins like the American Gold Eagle, Canadian Gold Maple Leaf, Gold Krugerrand (there are other acceptable choices too). The reason to stick with Gov Minted coins is basically a combination of counterfeit law protection/trust and recognition.
I personally think silver is a better buy at the moment but I wouldn't neglect gold totally. You might be able to find the South African Silver Krugerrand at lower premiums than say the American Silver Eagle atm and doesn't have the Queen's effigy on it like some of the other options (Britannia/Maple Leaf etc.) which is probably a plus for most potential NA buyers. Obviously if you've got millions you want to put into metals it might be a bit impractical to go the silver route.
If the military really did make "hundreds" of trips to pick up all that liberated Cabal loot in Europe, then there could be a LOT more gold out there than anyone realizes.
It was selling for under $1300/oz only two years ago, and it's suspicious the way it's been falling from its recent high while stocks and cryptos keep going up.
OK, thanks for this, I am not a collector in the sense of having mint coins, just give me the Gold!
Hope it's helpful. If you have any specific questions feel free to ask and if I have some idea I'll do my best to help.
You know what would be amazing? I find that many people (including myself are overwhelmed with where to start and what to avoid) Would be awesome if we had some senior gold pedes that could maybe start a gold.silver info post
If it hasn't been done yet, can someone who has good resources for gold and silver please give some links to places that won't rip us off. I have no idea how to go about buying these. Thanks!
Apmex and sdBullion have low over cost prices and are well established for precious metals. Apmex slightly better due to stupid fast shipping, sdBullion shipping is out almost 10 days
I’ve used Silvergoldbull.com and kitco.com
https://findbullionprices.com/cheapest-gold-bullion-by-weight.php?weight=1
How many ounces is in the smallest bar?
You can buy gold and silver by the gram, you do t need to buy a full oz
Apmex sdBullion
1
EDIT: Not that I care but why the heck would my answer get downvoted.
He asked how many OUNCES are in the smallest bar.
Can someone prove that you can by smaller than a 1 (one) ounce bar?
Yes there are grams and so forth but read his question again......
I'll wait.
If I'm understanding your question correctly it's typically 1/20oz but you would be best to avoid buying such a small size bar because it would incur gross premiums. With gold you typically wouldn't want to buy anything smaller than 1/10oz due to premiums but most would say if you have the money go for 1oz at a time.
Once the price hits $1776.45 or $1776.21, I will buy more
Don’t try to catch a falling knife wait for it to fall before picking it up.
I understand the idea but in this case the only reason gold has to go down is manipulation and if we believe Q is behind the scenes putting an end to this sort of stuff I wouldn't be waiting to buy something which is obviously due to go up in value. Could it really be a hedge against inflation and then go down in price by any meaningful amount just after huge money printing? I don't think so. My conclusion--don't wait to buy too long, as the only logical place for the price to go is up.
Edit: I should have been clearer. I didn't mean only reason. As pointed out below selling pressure could influence the price as could manipulation and perhaps a few other small reasons. I just don't think these reasons are enough to risk waiting for the price to go down when it's quite likely that it'll go up a lot in the near future and you could miss the boat.
You don’t think the supply for people taking profit at the recent all time high would cause price to move lower even temporarily...!? The market does correct and pull back and I would guess if the market recently made and all time high you would be selling increasing the supply which would cause the price move lower.
Yes I have considered that but what I said was; I don't see how it could go down 'by any meaningful amount'. Granted it's just my opinion without having gone over heaps of data but I don't think any of the bigtime gold/silver holders would be selling right now. I think it'd be a bad idea to do so, the inference being that the selling pressure isn't that widespread and you'd be risking too much for too little trying to buy in later when this thing could explode at any moment.
It’s already come 220$ off the all time high and it appears price is currently below previous support of around 1,820 if it stays below I would expect and extension even lower while price Looks for a bottom I could be wrong but I don’t catch falling knives I’ve been doing this to long and know how to time the market correctly and to me this is getting in to premature when you could probably buy in much lower patience is a virtue I could be wrong but keep some money on the side incase it does so you can dollar cost average down from your original entry becuase you probably won’t be in profit or make any money for awhile if you buy now and it drops price will have to come all the way back up to previous all time highs and make a new one for you to make any money you could be stuck bag holding for awhile if you fuck up.
Thanks for the word of caution. You may well be right! In the end we'll see I guess.
No worries, I took some decent profits on my gold and silver when the both hit all time highs well silver not an all time high but highest in recent years since it crashed after hitting 40 an oz waiting for both to come much lower to grab up a bunch for much cheaper if I bought right now I’d basically just be buying slightly below where I sold and if it dropped I’d be stuck bag holding for a long time like a fool and cost averaging down so I plan on waiting precious metals is quite a bit different then stock but similar in many ways. I could always be wrong but who knows we will see been watching it for about 6 months now and both sold off and did a little bull trap but they’re both pulling back again showing some resistance in my opinion to previous highs and looking to go lower lately.
We do t advocate violence especially not armed robbery get the fuck out of here with that bullshit.
People come here screen cap these comments and use it to smear all of us, stop giving ammo to the enemy.
Totally agree