Do any of you buy the physical stuff? I’m thinking of buying some coins, gold definitely if the price is falling.
We buy jewlery. Mostly. Here gold 21 ct. Is cheap. And in a pinch you can sell it for more than you paid for it. We dont buy from retailers. Maylasian is good and reliable. But coinage would be good there. Silver and gold coins here are all chinese fakes. All most all of it.
I bought a bunch in 2008. Still have it. Added a little since then.
Where do you buy and how and where do you store it?
I ordered it over the phone, APMEX I think (my big purchase was 12 years ago now). Checked prices on line, they had the best price, then have me a bigger discount because of the large quantity I ordered. I keep it all in bank safe deposit boxes. Since then, I pick up a coin or two here and there from pawn shops when the price drops. The bulk of my holdings are 2008 Gold American Buffalo bullion 99.99% pure, still individually sealed in the US Mint bubble sheets (20 coins per sheet), uncirculated MS-xx grade but I haven't had them graded.
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