expiredDeltabasangler posted Jan 15, 2025 02:02 AM
Item 1 of 2
Item 1 of 2
expiredDeltabasangler posted Jan 15, 2025 02:02 AM
Costco - 2024 1 oz PAMP American Buffalo Silver Round, 20-count $599.99
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Our community has rated this post as helpful. If you agree, why not thank ShrewdSnow2948
Buffalo rounds at Kitco are at $33.94 (for 20+ rounds) right now. (Not sure if they charge shipping - shipping was free at Costco).
To avoid paying tax in CA - order more than $2000 worth (i.e, 4 packs).
UPDATE: Now (about 11.46am Eastern) spot price is $30.44 - so this is below spot. I hope it ships.
BTW - spreads on these are crazy (about $3 to $4 if you try to sell back to Kitco etc.) If you ever need to sell - best to sell private where they are happy even with $1 over spot (Selling to Kitco is $1 BELOW spot and buying seems to be $3+ over spot).
Our community has rated this post as helpful. If you agree, why not thank KLondike5-1212
You can put your money in tips bonds and be earning inflation guaranteed interest....
If you're worried about a complete and utter financial collapse you're going to have more things to concern you than your silver and gold amount.
now I fully admit if you want this stuff this is probably about as good a deal as you're going to get..
Others look at diversity in their investments and consider precious metals just another hedge against inflation. I mean, I was considering gold at $1800/oz and didn't pull the trigger and look at its value today. Even with fees if I sold I'd have made a nice profit.
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Others look at diversity in their investments and consider precious metals just another hedge against inflation. I mean, I was considering gold at $1800/oz and didn't pull the trigger and look at its value today. Even with fees if I sold I'd have made a nice profit.
Stocks have gone up even more in that same time. You could have just bought an index fund.
Like I said in my original post I really don't think in a collapse scenario heavy metals are going to do you much good unless maybe 100 years after that when society rebuilds. A true collapse scenario the first few decades are just going to be chaos.
I can see it being cool to own some heavy metals. who wouldn't want to have a chest full of gold or silver?
but I wouldn't do so unless you already had significant investments that earn yearly income... as well as all the other prepper supplies you actually will use that are laid in
Stocks have gone up even more in that same time. You could have just bought an index fund.
Like I said in my original post I really don't think in a collapse scenario heavy metals are going to do you much good unless maybe 100 years after that when society rebuilds. A true collapse scenario the first few decades are just going to be chaos.
I can see it being cool to own some heavy metals. who wouldn't want to have a chest full of gold or silver?
but I wouldn't do so unless you already had significant investments that earn yearly income... as well as all the other prepper supplies you actually will use that are laid in
You can put your money in tips bonds and be earning inflation guaranteed interest....
If you're worried about a complete and utter financial collapse you're going to have more things to concern you than your silver and gold amount.
now I fully admit if you want this stuff this is probably about as good a deal as you're going to get..
Having said that I believe a tips right now is paying 2.3% real return after inflation accounting. Granted if you believe the inflation rate is fake, which I do, it's not paying what it should. Regardless there are marketable security should be able to sell them at any time unlike the I bond
Stocks have gone up even more in that same time. You could have just bought an index fund.
Like I said in my original post I really don't think in a collapse scenario heavy metals are going to do you much good unless maybe 100 years after that when society rebuilds. A true collapse scenario the first few decades are just going to be chaos.
I can see it being cool to own some heavy metals. who wouldn't want to have a chest full of gold or silver?
but I wouldn't do so unless you already had significant investments that earn yearly income... as well as all the other prepper supplies you actually will use that are laid in
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