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<p>[QUOTE="fools_gold, post: 983911, member: 20669"]I think the premiums on the fractionals are higher than the 1oz. Someone correct me if I'm wrong. I'm not totally against the fractionals, before I dove in, I bought four 1/10 oz. to get a taste and then jumped over to the 1oz once I felt comfortable.</p><p><br /></p><p>But because I'm a simple man, I'd rather just have 1 oz and keep it simple so I can easily calculate my holdings. So for future purposes, if I don't have the cash for 1 oz, I'm just going to save up until I do.</p><p><br /></p><p>It's difficult to say whether or not now is the right time, because our frame of reference is based on the history of gold spot price being much lower. Since we don't know what the peak will be, it's extremely tough decision to make.</p><p><br /></p><p>Let's say hypothetically gold hits $5,000 - $6,000. Then obviously anyone who buys gold now, even at $2,000 it will be a steal. </p><p><br /></p><p>I do know this though, the higher the gold price, the higher the gamble!!!![/QUOTE]</p><p><br /></p>
[QUOTE="fools_gold, post: 983911, member: 20669"]I think the premiums on the fractionals are higher than the 1oz. Someone correct me if I'm wrong. I'm not totally against the fractionals, before I dove in, I bought four 1/10 oz. to get a taste and then jumped over to the 1oz once I felt comfortable. But because I'm a simple man, I'd rather just have 1 oz and keep it simple so I can easily calculate my holdings. So for future purposes, if I don't have the cash for 1 oz, I'm just going to save up until I do. It's difficult to say whether or not now is the right time, because our frame of reference is based on the history of gold spot price being much lower. Since we don't know what the peak will be, it's extremely tough decision to make. Let's say hypothetically gold hits $5,000 - $6,000. Then obviously anyone who buys gold now, even at $2,000 it will be a steal. I do know this though, the higher the gold price, the higher the gamble!!!![/QUOTE]
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