Currently have 129oz of silver and want to add some gold to my stack. What's the most feasible way for a small buyer to go about this? I usually buy silver under 200 bucks at a time. I know with gold the smaller coins go for a higher premium. What's the middle road? Thanks!
Wait until you have $400 then buy a 1/4oz bar / recognised coin Or if in Australia a $200 gold coin Or a bullion grade sovergn
Best way is to save up or buy unallocated with one of the dealers such as gold stackers and then redeem accumulated grams for an ounce or half etc. You can still buy $200 at a time and only pay the premium when choosing your product after you have accumulated enough. Look into it.
Dollar for Dollar will silver outperform gold ? , As I also want to continue with small gold purchases but keep feeling as if silver still will have the best return in the long run .
Look for stuff on sale. Make the percentage over spot calculation on real gold content, or use the coin calculator http://www.australian-threepence.com/gold-coin-values/world-gold-coin-values.htm. Buy if it's lower than your limit, if you are disciplined, or higher if you are not or can convince yourself that there will be capital appreciation. Let's say you want sovereigns at spot plus 8% or better. Put 1.08 in the sovereign box, read the number in the currency of choice, and use that as your price guide. So a Sov in AUD at $384 is at 8% above spot. Use that as an eBay bid guide, as long as the vendor passes the sniff test
Not sure about you guys in oz but in the UK sovs & 1/2 sovs would fit the budget, low premium and highly liquid.
