Finally Getting Around to Buying Gold
Things change, and my goals have as well, compared to what I set out to do at the end of mast year. I had gone pretty heavy into silver last year, so I made it my priority to swith to buying gold for 2024.
The problem is that with kids, daycare, school,.etc., budgets change. I originally set out to buy at least a 1/10oz of gold each month, back when gold was under $2000/oz. Since then, gold has gone up to $2500/oz.
As a result, I've had to adjust how much gold I can buy. Despite delays, I've finally bought some gold. It's not much, but it's a start. I ended up buying a 2g Heraeus bar.
(Source)
You can't go wrong with Swiss gold.
(Source)
The best part is they apply a very cool hologram to the back of the bar.
(Source)
I paid $185.85, which was about a 15% premium. It's not the best price, but certainly not the worst either. I've been delayed in my plans, so I've got some catching up to do, but better late than never.
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Golds bull run is really one that's scary..
Like where are you pumping to exactly?
That's a lovely bar..
Yeah, you can tell the world as a whole isn't comfortable with the state of the world economy.
Everyone is loading up on gold.
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I originally set out to have a ratio of Gold/silver stacked in terms of quantity before I retire or the system collapses under its own weight, but I found myself overstacked in silver or understacked in gold. With the prices now it will be tougher to catch up.
I hear you. My gold to silver ratio is unbalanced as well, and I'll have to scale back on my silver buying if I hope to get it balanced again.
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Gold is always a good investment.
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It certainly is!
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That thing is awesome! Really a nice pick up. I love gold in all forms, but that's a nice little bar!
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Thanks!
Agreed. Gold is gold, but they do an exceptional job with adding the hologram.
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Wonderful @bulliontools!
A little at a time!
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