That's a good start Just keep it simple forget coins for now Buy what you can afford Buy a 1kg bar if your budget allows A couple of Sovereigns will get you think about coins AS I've said to others before & I've seen a few other stackers are doing Dumping 1oz coin collection ( proofs & such things ) Buy local 10oz bars - 1kg bars Sovereigns & $200 gold coins If you can afford 1oz gold Roos
I'll start with a little then keep stacking it high On the edge of the bar as you can see the surface is not as smooth as the display pic ,you can feel like tiny granular thing poping up, is that normal? Been looking for minted PAMP lady fortune as well, coins are interesting too you got so many variety options 1oz gold Rooster is pretty demanding huh? PS: How do you edit your post?
You can't for the first week And forget about how the bar looks I know people get fussy about shine & dings on PM bars BUT THEY ARE BULLION And that is why you pay more for those Pamps
I would stick to bars ie Perth mint and for coins lunars both gold and silver and kooks, both from the Perth mint. Easy to trade later and not to much to learn now.
Steve, lets have a look at another example, Sugar At the US commodity it trades for about $0.18c Lb or $0.08c 1/2 kilo Now to buy a 1/2kg Sugar would cost you something like - $1.20 give or take. The price you see is what is traded for RAW product, if you want to buy as close to spot and do not want to worry about getting fakes and storage you could look for something like PMGold on the ASX The production cost on most products are a fixed rate, so while spot is less you will pay more in premium, however when spot rises this production cost is actually less as a % in your overall buy. What you can work out pretty easily is premiums and what they are. From there you can tell if something is a good price or not. This is one way.
I think Pamps cast bar will have pretty much the same look, of course you can't compare it with minted one. Pamp more polished and has serial numbers.
I don't know how they manufacture gold/silver or other metal in the factory, what is the production price/rate from one manufacturer to another. But when you see the spot price rises all you can see is the metal price is rising as well? Regardless their production cost is actually less or the same?
