Branching into Gold.

Discussion in 'Gold' started by TacticalGarand44, Oct 26, 2017.

  1. TacticalGarand44

    TacticalGarand44 New Member

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    Been stacking silver for a while, and a few weeks ago I decided to diversify into gold. Started with a tenth ounce Eagle, then a 1892 half eagle (cleaned, I think) and today I picked up a quarter ounce each Maple and Eagle. I am getting a taste for the yellow stuff. For Christmas I think I'll be buying myself a half ounce coin of some sort; not sure which yet. Perhaps a Kruger, or a Libertad. My local guy has a old half ounce Panda for 700, which seems a little steep. He says he's had it for a while, and I bet I could talk him down a bit...
     
  2. barneyrubble

    barneyrubble Well-Known Member Silver Stacker

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  3. SilverDJ

    SilverDJ Well-Known Member

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    Even if the GSR drops, that does not automatically mean the gold price will drop.
     
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  4. TacticalGarand44

    TacticalGarand44 New Member

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    By far, the majority of my purchases are silver. I currently own about 50 oz of silver, even more considering my numismatic collection. I don't even own an ounce of gold yet.
     
  5. whay

    whay Well-Known Member

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    Both prices of gold and silver move in tandem. Gold was and is still money today and in the future. Silver however, has become an industrial commodity. Using GSR to decide which metal to buy is absolutely meaningless.
     
  6. TacticalGarand44

    TacticalGarand44 New Member

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    Ordered a quarter Kruger last night to round out the collection for the time being.
     
  7. TacticalGarand44

    TacticalGarand44 New Member

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    Aaaaand ordered a quarter Philharmonic to round me off with a full ounce of quarter ouncers, plus one tenth ounce Eagle. I think I'll actually be done for a while, or until the next time I think about how worthless paper money is.

    Damn, that'll probably be pretty soon.
     

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