I have 1 oz of placer gold, but am considering switching to stacking coins, bars, or rounds. What option of the three do you folks suggest for easy tradability to whatever our new currency ends up being? It seems there is quite a markup for smaller weights, so am looking at 1 oz gold coins, bars, or rounds.
I have a CC coming that gives 4X% points on gold bought from the merchant plus 150 dollars worth of points on first 1,500 spent. That should get me @ about spot for the first coin.
Buy the one you fancy the most, if the premium isn’t absurd.
If gold skyrockets it wouldn’t really matter what you own, gold is gold.
If gold 10x, you wouldn’t sell your ounce coin to a street vendor, would you?
And any serious LCS would now the value of what you own, so buying because of recognizability is a non issue for me, so I stick with the cheapest; uncirculated 1oz bars from Valcambi Suisse.
I also have a few 2 and 5 grams to use if I only need to change “smaller amounts of “money” wshtf.
Be aware that the premiums on smaller bars/coins can be pretty high, so snoop around a bit to see what’s the best offer, maybe the 1/10th oz Maple Leaf or Krugerrand?
Good luck, and remember that even if gold doesn’t skyrocket during our lifetime, you might have secured your kids or grandkids future.
I have 1 oz of placer gold, but am considering switching to stacking coins, bars, or rounds. What option of the three do you folks suggest for easy tradability to whatever our new currency ends up being? It seems there is quite a markup for smaller weights, so am looking at 1 oz gold coins, bars, or rounds.
I have a CC coming that gives 4X% points on gold bought from the merchant plus 150 dollars worth of points on first 1,500 spent. That should get me @ about spot for the first coin.
Buy the one you fancy the most, if the premium isn’t absurd.
If gold skyrockets it wouldn’t really matter what you own, gold is gold.
If gold 10x, you wouldn’t sell your ounce coin to a street vendor, would you?
And any serious LCS would now the value of what you own, so buying because of recognizability is a non issue for me, so I stick with the cheapest; uncirculated 1oz bars from Valcambi Suisse.
I also have a few 2 and 5 grams to use if I only need to change “smaller amounts of “money” wshtf.
Be aware that the premiums on smaller bars/coins can be pretty high, so snoop around a bit to see what’s the best offer, maybe the 1/10th oz Maple Leaf or Krugerrand?
Good luck, and remember that even if gold doesn’t skyrocket during our lifetime, you might have secured your kids or grandkids future.
Good info thanks!