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25096811 No.25096811 [Reply] [Original]

Thought about buying two 100g bars

>> No.25096867

>>25096811
not when all this money is being pumped into markets. You are better off buying stocks now

>> No.25096923

>>25096811
It's a good hedge against inflation. Could be great if the dollar really does take as big of a shit that people are expecting it to. Always good to have some PM in your portfolio.

>> No.25096974
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25096974

>>25096811
they are very comfy to hold and make it difficult to panic sell which is a plus

gainz wise an ETF can do better, till it can't because capitalism collapsed lol

>> No.25096991
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25096991

>>25096811
Yes its a good decision if you want to preserve purchasing power in times of inflation.
However you should rather buy standard 1oz coins, like Maple Leaf, American Gold Eagle, Krugerrand etc. instead of 100g bars.

>> No.25097012
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25097012

>>25096923
>It's a good hedge against inflation

>> No.25097040

>>25096991
fractional is probably the best honestly. 1/4 and 1/2 ounce pieces for if gold goes on a crazy run and no one can afford ounces

>> No.25097054

>an expensive inert metal
nice, just bought 10k

>> No.25097101

the problem i see with gold specifically is that it's not "consumed" in the same quantity that metals like silver are. this is the one case where bitcoin's stock-to-flow argument makes a little bit of sense, although it's mostly bullshit.

>> No.25097187

>>25096991
this only applies if you need to sell directly to another person, which is actually illegal in some EU countries.

Most bullion dealers buy back whatever quantity you have available for a 3% fee.

>> No.25097349
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25097349

>>25097040
Fractional is a good alternative however stay away from 1/2 and 1/4 variants of standard bullion coins, as those have needlessly high premiums.
If you want small gold coins go with Sovereigns, 2 Rand South Africa, 5,81g LMU, 20 Reichsmark, whatever is the cheapest in your country.

>> No.25097392

>>25096867
What the hell kind of logic is this, mate?

>> No.25097476

i don't like physical because premiums are unnecessary high. screw that and all those scammy dealers. get sprott physical trust on NYSE

>> No.25097551

>>25096811
Thanks everybody, yeah as anon above suggested think I'll grab some Krugerrands instead. Will get six 1oz ones

>> No.25097584

buy gold gram bars
thank me later

>> No.25097654

>>25096811
Its a good safe haven against inflation with small gains small losses and if its physical you hold and own it. A more wild metal to invest in is physical silver that has higher gains and losses. I hold mostly silver and I am up 40% since March.

>> No.25098868

>>25097476
In Cali if you buy over $1500 I think u don’t have to pay the fees. Or something like that. I prefer silver ounces but don’t buy now. Wait for that sweet dip

>> No.25098986

I purchase physical gold really just as a doomer investment and coin collection hobby. It's not really a logical one in my opinion as I never intent to sell it unless I have to. I buy it just incase of the happening and it is a fair price rn so I dont think its a bad time to get some if you're thinking about it.

>> No.25099507

>>25097392
Central banks are creating gold from thin air and buying bonds and stocks