How many of you guys own gold and why do you own it?
How many of you guys own gold and why do you own it?
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I just have silver eagles for now
10 oz because boomers are dumb enough to buy shiny rocks, I will sell it and buy more bitcoin soon
only have silver maples right now.
why maples instead of ASE
It’s pretty and shiny and I can hold it my hand.
I don't.
>miniscule returns
>the (((fed))) seizes even those small gains by taxing them every year
the dealer had excess maple stock and they sold it to me for 50 cents over spot.
500 ozt. dominated by ASE's.
It's the extra fineness factor, .9999. And Silver Maples are sold in rolls of 25 as opposed to Eagles.
I own 1oz that my grandpa gave me about 10 years ago. Looking to buy more though
local coin shop?
but i sold my bitrocks for eagles over xmas and am now selling eagles for bitrocks slowly on the down trend.
I have a numismatic collection and see it as a hobby/investment
If it goes to zero i dont care because i just use 10% of my income for this hobby
I have a few 1/10th ounce gold coins. I only got them to diversify my metal portfolio, and I am only focusing on stacking silver right now.
>numismatic collection
I am considering getting into silver, it seems like a better investment and something normies will be able to afford if the dollar starts to collapse
yes. normally have better deals on bulk PM than APMEX and other online retailers but rarely that good.
I have about 1.5% of my portfolio in gold, silver and magic cards. Gold is through goldmoney, just so i can say i have gold in a vault in switzerland with a straight face. Silver is in mostly inherited morgan silver dollars and other us pre 64 circulted coins, i keep it because looking at them every once and a while for fun is worth more than the hassle of selling it for around a grand. Magic cards because ive had them since i was young and they are likewise fun to look at. I have zero expectation of profit on any of this, mostly i hope to have fun and not lose any money.
All of my serious investing money is in rental real estate and high yeild personal loans.
After i get my pile to 7 figures ill probably dedicate up to 10% of my portfolio to more meme investments like physical gold and appreciating classic cars. Maybe even a pre ban machine gun. Also definately going to complete my alpha and beta magic card sets.
>not having a patricians taste for history
>thinks he is going to make it
Having unique valuable shit is what being super wealthy is all about. You think the ultra rich buy horrible art from degenerates for millions of dollars just so they can look at three squares in different shades of brown? Its literally bit coint for the super rich (unique objects with known ownership) wealth preservation 101.
I'm more into silver too.
Some of these shiny silver coins even make a great present for dumb normies when put in a nice package.
Instead of giving them stupid stuff, I'll just gift them a 15€ coin, ezpz.
>numismatics
>comparable to unique valuables
silver is shit you probably own bcash too instead of the real deal
>and why do you own it?
because i'm stupid
bcash, lol
is that thing even relevant nowdays?
I remember, back in the days, sometimes it got shilled when it came out, never heard anything big from them since then.....
Ah good old times *sssssip*
Depends on the deal, I trust both about the same
Is this starter pack deal good for someone new who wants to get a little silver?
jmbullion.com
Are they not? Known limited initial quantity (1 is still a quantity, some rare coins have as few as 1 example at certain grade levels), storable, a market exists for exchange, and there are willing buyers. Im saying principly they are similar, but i more directly compaired the art market to bit coin, where each peice is individually unique (although extremely valuable art print sets also exsist).
I WAS TOLD TO INVEST IN SILVER
YOU GUYS HAVE ALREADY MOVED ON TO GOLD THIS WEEK REEEEEEEEEEEE
I CAN AFFORD AN OUNCE OF SILVER NOT GOLD
REEEEEEEEEEEEEEEEEEEeeeeeeeeeee
Because of the browning of amerira.
I have four 50 gram divisible gold bars. They did have additional premium, but my bug out bag is comfy as fuck. I also have 1000 grams of divisible silver (10g per bar).
I want to buy a farm, properties, gold has been valuable throughout history to do so, simple as that.
I have about 12 troy ounces (krugerrands and swiss francs). Gold is a true store of wealth.
>own gold
yes
>why
diversificaion
bought gold when crypto markets did a can opener. Figured speculative energy woulda flooded the meme rock market by now.
I shoulda just held fiat.