Hi everyone, I just joined this great site after doing some work for someone that is a "stacker", a term that I had never heard of before to be honest. He has enlightened me and as a result, I dipped into my SMSF and purchased 1kg Gold Bullion (Perth Mint) and 4 x 100oz Bars of Silver (Perth Mint). I was told to get in before USA defaults on August 2 and did. As a result, the Gold Bar is up considerably and I am a very happy chappy The bars have not yet been delivered as they are currently out of stock. I cannot wait to get them, take pics of them, hug and kiss them before going into the vault.. :lol: I am now hoping Silver starts to follw suit... and looking forward to stacking some more silver bars really soon. Looking forward to adding my 2c where I can and wishing everyone happy stacking! Over and out for now.
Thanks to all your replies and wishes! It has been a very good start, the 1kg block is up $8K since buying and if I had bought one day earlier, it would have been 10K... Not to worry though, many more years to retirement and many more years to stack. Hoping to gain lots of knowledge from you all. One question though: Why does the mint charge so much to buy back the bar? Just looking at buy back prices now, they roughly want $1700 to buy it back. It is much cheaper for smaller bullion though?
