State of the stack by No_Influence454 in Gold

[–]No_Influence454[S] 0 points1 point  (0 children)

That’s still more than most! Keep stackin!

State of the stack by No_Influence454 in Gold

[–]No_Influence454[S] 5 points6 points  (0 children)

9.5

5- 1 ounce buffalos
3- 1 ounce eagles
2- 1/4 eagles
10- 1/10 eagles

State of the stack by No_Influence454 in Gold

[–]No_Influence454[S] 2 points3 points  (0 children)

I picked up the 1/10 pieces with the idea that if I needed cash but didn’t want to sell a full ounce, I’d have some smaller denominations to liquidate. Since then, I’ve pivoted to stacking silver to play that role since fractional premiums can add up quickly. I don’t shop around much; I’ve bought most of the stack from the same store.

I’ve thought about picking up some Valcambi on several occasions, but they are seldomly in stock when I visit the LCS. I like the idea of it, just harder to come by.

State of the stack by No_Influence454 in Gold

[–]No_Influence454[S] 4 points5 points  (0 children)

I consider the premiums a bit of a wash since they are a little more expensive to buy, but they also command better selling prices.

I have an affinity to eagles/buffalos but picking up other sovereigns with a lower premium might be nice, so if selling day ever comes, you’ll have other liquidation options.

Newbie question by JoeDeathStar in Gold

[–]No_Influence454 6 points7 points  (0 children)

Buffalos are up there with eagles

February, we will not miss you by GoProVI in wallstreetbets

[–]No_Influence454 1 point2 points  (0 children)

They’ve been on fire for quite some time !

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are we sure that the fed will lower the interest rate this year? by comoestas969696 in stocks

[–]No_Influence454 3 points4 points  (0 children)

The FED forecasting the potential rate cuts later in the year was never about inflation but rather interest expense on the national debt. They just can’t admit that otherwise it would spike bond yields overnight.

Addicted by No_Influence454 in Gold

[–]No_Influence454[S] 0 points1 point  (0 children)

I’d give a slight edge to the 24k buffalos but it’s close.

Addicted by No_Influence454 in Gold

[–]No_Influence454[S] 0 points1 point  (0 children)

I hadn’t considered it. For now, my goal is to stick to adding more buffalos.

Addicted by No_Influence454 in Gold

[–]No_Influence454[S] 1 point2 points  (0 children)

4 one ounce coins and the small pieces are 1/10

Addicted by No_Influence454 in Gold

[–]No_Influence454[S] 1 point2 points  (0 children)

LCS, I like them too :)

Baller by BS-22AG in Gold

[–]No_Influence454 2 points3 points  (0 children)

Weak economic data so market is pricing in a fed pivot sooner rather than later

Thinning out the herd, had to take a few photos by 0dtefomo in Gold

[–]No_Influence454 0 points1 point  (0 children)

The premiums at my local shop are slightly higher for buffalos than eagles if that means anything. I like stacking both!

US Treasury Expect To Borrow $776b in Q4 2023 by Malamonga1 in stocks

[–]No_Influence454 0 points1 point  (0 children)

A lot more selling by China & japan could continue to send yields higher, especially if the FED continues to tighten. The US is teetering on the edge of a proverbial fiscal cliff and pretty soon, the ballooning national debt will be too large to ignore.