Just got some gold from a member here and its amazing that such a small amount of something can be worth so much. I've never really seen gold outside of rings and maybe as a kid on one of those school excursions where they tell you that you will be executed if you don't hand it back. Anyone here have any stories to tell about the first gold they purchased?
I've tried! I suspect the average person wouldn't appreciate the weight of a one ounce coin. You would need to have something for them to compare it to. Maybe a round fifty?
My first buy when I started stacking was a one ounce gold coin, then I realized how silver was the smarter choice coz it's more undervalued. Never bought gold again.
I bought my first 1 ounce Perth Mint gold bar here a few Months ago. I looked at it and touched it and thought well that's it, there is $1,650. Spot went up and I sold it and mostly stick to silver now. Silver feels good, looks good, has some weight behind it, and I like the clinking noise it makes when coins hit against each other. Plus there is so many designs out there, all very interesting and if collecting can keep you busy for the rest of your life. Also the price is right......
Its strange on a site called silverstackers there are people pushing silver over gold! But I generally agree.
Looks familiar It's the 15kg monster boxes of kilo gold bars that give the warm fuzzies. That said, being in a room lined floor to ceiling with shelves and shelves of pallets of gold kilos just does your head in. Things you see in the places you go.
Maybe, but it won't help much as unlike the other stone henge this one has moved, and you would have to ask CK about its whereabouts.
I remember getting my first 1/4oz Maple and being really underwhelmed by the size and weight of it compared to how much it cost me. It was part of a Gold: Silver swap and I was offloading 50% predec coins so there were a few kilos of silver coins and I only got back 3 tiny 1/4 oz coins. I have pretty much stuck to silver ever since then. I do still buy gold but only as sovereigns or their international equivalents, circulated and close to spot. Don't think I have ever held an actual ounce of gold, I have an ounce of platinum that I bought when it hit parity with gold. Troy ounce is a stupid size anyway, much prefer grams!