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Making Money on Generic pre-1933 gold
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<p>[QUOTE="rhoggman, post: 390177, member: 13987"]If your strategy is to use gold bullion as an investment vehicle it is pointless to buy anything with a substantial premiuim over spot price. This is definately not my motive in anyway shape or form.</p><p> </p><p>The same premium over spot that these coins sell for can actually be a good way hedge to against gold going down because people pay that premium. The closer to spot that you purchase them for the bigger the benefit to you. Conversley, when gold rises the premiuims on these coins rise too, and usually at a greater percentage than gold. </p><p> </p><p>In today's environment I think you can benefit from the latter more than the former. Inflation is out of control, and the US Dollar is in a downward spiral. The gold and silver investment bandwagon has not yet been borded. Just my opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="rhoggman, post: 390177, member: 13987"]If your strategy is to use gold bullion as an investment vehicle it is pointless to buy anything with a substantial premiuim over spot price. This is definately not my motive in anyway shape or form. The same premium over spot that these coins sell for can actually be a good way hedge to against gold going down because people pay that premium. The closer to spot that you purchase them for the bigger the benefit to you. Conversley, when gold rises the premiuims on these coins rise too, and usually at a greater percentage than gold. In today's environment I think you can benefit from the latter more than the former. Inflation is out of control, and the US Dollar is in a downward spiral. The gold and silver investment bandwagon has not yet been borded. Just my opinion.[/QUOTE]
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Making Money on Generic pre-1933 gold
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