Anyone here into precious metals/bullion? (physical stackers)

['b']

Not affiliated with them at all, the guys are based in Australia and are doing some pretty good deals though, thought I'd share. Got some stuff at spot price, they are doing a deal every day...tomorrow another one and I think the last for Black Friday.

I love cool coins especially, I mostly have 1oz coins and some heavier bars - maples, American Eagles, a few Aussie ones and now this Aussie 10oz kookaburra (looks pretty damn good).


For those in the USA, are you stacking before the 2020 election? Mexican bros too, I hear it's a bit harder to get bullion south of the US border. Oh and Canada, about time your boys did something about them damn milk spots.

[JohnCastellanos]

The best coins over all are 50 peso centenarios! They’re not hard to get in Mexico but they are highly appreciated

[Curtis Harper]

Isn't it a waste if the mintage is in the tens of millions ? You probably won't get more than what you paid for them. Scarcity is the key. Unless you're a collector and plan on not reselling.

[Guest]

Isn't it a waste if the mintage is in the tens of millions ? You probably won't get more than what you paid for them. Scarcity is the key. Unless you're a collector and plan on not reselling.

No. He's talking about bullion which he buys for near or at the market price of precious metals.. When they talk about waste is numismatics, where you have to know what value a certain coin is, and people can be easily scammed if they don't know what they are doing, is but he is talking about the precious metal value in the market.

Gold was 1200 not even a year ago, now it's 1460's so people would have made some money like any other commodity when they buy low.

I think a lot of people have been burned in the past on silver, but gold overall has done very good lately.

[Guest]

The best coins over all are 50 peso centenarios! They�re not hard to get in Mexico but they are highly appreciated

Those are nice coins.
The good thing about those is that you can get them close to the spot price so they are good value if you think gold will go up.

[Curtis Harper]

No. He's talking about bullion which he buys for near or at the market price of precious metals.. When they talk about waste is numismatics, where you have to know what value a certain coins and people can be easily scammed if they don't know what they are doing, is but he is talking about the precious metal value in the market.

Gold was 1200 not even a year ago, now it's 1460's so people would have made some money like any other commodity when they buy low.

I think a lot of people have been burned in the past on silver, but gold overall has done very good lately.

I know. Most bullion coins have high mintages (proof and special sets don't count).

As you said with most commodities, prices fluctuate. The more ''precious'' the metal, the higher the investment and hopefully higher return (in the long run).

Money managers swear having precious metals in one's portfolio is a wise move.

[Guest]

Not affiliated with them at all, the guys are based in Australia and are doing some pretty good deals though, thought I'd share. Got some stuff at spot price, they are doing a deal every day...tomorrow another one and I think the last for Black Friday.

I love cool coins especially, I mostly have 1oz coins and some heavier bars - maples, American Eagles, a few Aussie ones and now this Aussie 10oz kookaburra (looks pretty damn good).


For those in the USA, are you stacking before the 2020 election? Mexican bros too, I hear it's a bit harder to get bullion south of the US border. Oh and Canada, about time your boys did something about them damn milk spots.

Canada actually introduced new tech for that problem in 2018 so you wont' see that on the 2019 and 2020 maple leafs.. I don't think it's a big deal as you sell them for pretty much the market price anyways. I mean silver tarnishes, it gets dirty, etc. Because it's silver.
Gold doesn't.

[Curtis Harper]

C'mon, now

[Guest]

I know. Most bullion coins have high mintages (proof and special sets don't count).

As you said with most commodities, prices fluctuate. The more ''precious'' the metal, the higher the investment and hopefully higher return (in the long run).

Money managers swear having precious metals in one's portfolio is a wise move.

It's honestly really mixed. I know some very successful ones that won't touch precious metals, and others that advocate up to 15% of your portfolio in it.

I think it's ok. I think gold would never lose that much value overall. Some stocks could plummet to nothing but gold would always hold some value so it's not the worst thing in the world for a kind of insurance. I don't think it's any sort of get rich quick thing like some stocks can be.

[Curtis Harper]

It's honestly really mixed. I know some very successful ones that won't touch precious metals, and others that advocate up to 15% of your portfolio in it.

I think it's ok. I think gold would never lose that much value overall. Some stocks could plummet to nothing but gold would always hold some value so it's not the worst thing in the world for a kind of insurance. I don't think it's any sort of get rich quick thing like some stocks can be.

I've seen a chart that shows gold is very reliable in staying ''steady'' over a length of time, despite the periodic dips.

Precious metal investments isn't meant for quick turn around. Patience is required.

Investing is all about taking risks. As they say, scared money can't make money.