I'm not the best at searching, so I can use your help. My husband passed away mid-January (covid) and left modest wealth in savings, deferred comp and life insurance. I've been meeting with various investment people - none of whom impressed me. My primary concern is protecting it for my adult son. I know the old saw about crypto and gold, but I don't know enough about either to feel confident that they're a good choice. So I'm wondering what Q has to say
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In my opinion, I say invest A LOT in physical gold and silver (ie Silver and Gold American Eagles or Canadian Maple leafs). There’s an active effort to devalue the dollar and remove it as the world’s reserve currency. Also with inflation going through the roof as it is right now, gold and silver is an excellent hedge against inflation. I’m shooting for about 1000 oz of silver coins and about 100 oz of gold coins in my safe.
😀. Good for you! Great goal. I’m not in America - can you suggest a reputable bullion dealer to ChristineAnne? I love Scottsdale and I hold a bit, but I’m not sure about delays. If you can drive and physically walk out the door with it, I’d be doing that. Our postal service atm is RS, I would imagine America would be too. Time is of the essence so they say!!
I personally deal with Pacific Precious Metals (www.pacificpreciousmetals.com). They are in the San Francisco Bay Area however they deal online, via bank transfer, US Postal service, etc. I have dealt with them for the past 14 years and I trust them. Take a look at their website. I have also sold to them over the years and was able to get immediate cash for my coins (minus their commission of course), so what I have is pretty liquid if I need it. There are other online bullion dealers but I think their commissions are slightly higher. Good luck!