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<p>[QUOTE=&quot;maksimfa, post: 526819, member: 17157&quot;]How about this.&nbsp; As a financial advisor and a coin collector... here is what I quickly learned.</p><p>&nbsp;</p><p>Never confuse buying and speculating in gold bullion with collecting numismatics that just happen to contain gold.</p><p>&nbsp;</p><p>Buying gold coins is NEVER the most economical.&nbsp; Buying bars in higher oz is most economical as you are paying less of a commission/premium per oz.</p><p>&nbsp;</p><p>If you want to hedge your portfolio with gold/precious metals, buy ETFs (exchange traded funds) or mining stocks.&nbsp; If you want something pretty to look at knowing you paid a good chunk for premium, buy gold coins/bullion.</p><p>&nbsp;</p><p>If you are holding alot of precious metals/cash at home...raise your insurance coverage!&nbsp; God forbid you get a break in, or a fire/flood.&nbsp; The burden is on you to prove you have it in your house.</p><p>&nbsp;</p><p>Accept the fact that buying gold right now because you see it on tv, and everyone talking about it might be the dumbest move you do.&nbsp; You are speculating on the collapse of the free market economies... and people are preying on your fear and greed.&nbsp; Just like when Oil was over $140 a barrel and you heard everyone saying it will go to $200, and $8 gas coming next week.&nbsp; Just like you learned that buying a house, flipping it was easy.&nbsp; Just like Google at $700 a share is a great deal.</p><p>&nbsp;</p><p>Buy gold and gold coins in moderation, and do it for the appeal.&nbsp; </p><p>&nbsp;</p><p>There is more to life than gold.&nbsp; I personally love silver and platinum at these points.&nbsp; Less speculators, more rational market.&nbsp; Silver coins just as pretty.&nbsp; =)</p><p>&nbsp;</p><p>Do hedge your portfolio of coins/bullion if you have more than 100oz.&nbsp; There are economical ways of doing so and putting a floor undearneath this potential bubble.&nbsp; </p><p>&nbsp;</p><p><span style="color: Red">edited</span>[/QUOTE]</p><p><br /></p>

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