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Here's the problem with 1/10 oz gold
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<p>[QUOTE="ddddd, post: 2781571, member: 22377"]My case is for buying a single 1/10 coin as opposed to saving and buying a single 1 oz coin. Many recommend not buying the 1/10 and saving for the 1 oz. I don't agree with that premise in most cases.</p><p><br /></p><p>Yes if you buy the 10 1/10 oz vs the 1 1 oz then both go down by $50 when spot falls $50. However, if you buy 10 various 1/10 oz coins (say 3 Pandas, 3 Lunars, 2 Kangaroos, 1 Eagle, and 1 Maple) you have a better chance of recovering your premium and even making a profit when spot goes down compared to buying a single 1 oz coin. If spot goes up, then both go up (the 10 1/10 might see a slight drop in premium, but they tend to still retain most of the premium).[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 2781571, member: 22377"]My case is for buying a single 1/10 coin as opposed to saving and buying a single 1 oz coin. Many recommend not buying the 1/10 and saving for the 1 oz. I don't agree with that premise in most cases. Yes if you buy the 10 1/10 oz vs the 1 1 oz then both go down by $50 when spot falls $50. However, if you buy 10 various 1/10 oz coins (say 3 Pandas, 3 Lunars, 2 Kangaroos, 1 Eagle, and 1 Maple) you have a better chance of recovering your premium and even making a profit when spot goes down compared to buying a single 1 oz coin. If spot goes up, then both go up (the 10 1/10 might see a slight drop in premium, but they tend to still retain most of the premium).[/QUOTE]
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Here's the problem with 1/10 oz gold
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