Discussion in 'Bullion Investing' started by QuintupleSovereign, Nov 15, 2022.
The 4 most precious metals are gold, silver, copper snd lead. And yes, I’m very well stocked.
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If gold rockets up to $5,000 in the next 5-10 years....we'll look at sub-$2,000 gold similarly.
Gold shoots up rapidly and then corrects and meanders and goes sideways for YEARS and DECADES.
We've been burning off the 6-fold rise from 2000-2011 for the last 11 years. We could start a new bull market in 2023 or 2024 or 2027.
I just hope I've added more before it starts.
This is how I looked at things when I was younger and had a lifetime to work and makeup for the hiccups in life.
It’s time for the kids to buy me out (over years hopefully) and enjoy it.
No reasonable person thinks its headed to $350/oz...that's a person who just doesn't want to buyt more are current or possible future prices.
Well I’m not trolling the troll sweeper. Lol.
I’d also buy more S&P index if it goes to 2700.
Otherwise, I don’t need more of either.
I think the coming decade will be great time for a 60 year old to be selling and spending on himself and the wife.
I like to see falling premiums !!
This week I received a PCGS 1924 and 1928 virtually perfect St. Gaudens coins, graded MS64 CAC, without "Bag Rub, etc.".
A condition which PCGS grades on coins having same, up to MS67.
I paid less than $2700 apiece!
The following link is for the most common date in MS64: https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2334524.m570.l1313&_nkw=cac+st.+$20+1924+MS64&_sacat=0&LH_TitleDesc=0&rt=nc&_odkw=cac+st.+$20+MS64&_osacat=0&LH_BIN=1
The singular coin found is only a MS62!
Some are buying the coin at a bargain!
I think thats a gimme
If you have that much $...yeah...don't go for 1/10s. 1 or 0.5 oz at least. Much better premium on 1 or 1/2 than 1/10.
you're right was just thinking a tube of them would be cool, but it doesn't make financial sense at all.
I have to talk myself into the need for something to look at...lol
Otherwise, if I was still young I'd stick with 1 troy ounce for around $1925.
Im not certain I’m worth the premium of having it in the shape of a double eagle.
current passion is select date 1 OZ GOLD KRUGERRANDS have 13 to date and have
another coming in, you want something that is difficult collect and get the years you
want, some are next to impossible to get, some populations are under 10,000 for a
coin that is distributed globally , good luck is all I can say, you can get random dates
for not much over spot, exact dates can be way more a 1967, which is the first year
goes for about $4,300, APMEX sells every year, however there mostly out stock except for the most common years 1975 - 84, but I check daily, and have had some good luck
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