OK, I consider myself a fairly savvy investor and have done pretty well in real estate (rentals and our personal homes...which usually become rentals), stocks, and even some dabbling in commodities/livestock.
Getting ready to sell some stock and buy some more precious metals but have never bought gold bullion outside the middle east/far east where the rules are a lot different...and a hell of a lot cheaper on the price over spot/commissions.
All the local places here near San Antonio I’ve checked into so far seem like they’re kind of a ripoff, and I’ve just started looking at the usual online sources. So far it looks like SD or JM bullion are my best bets (slightly better than Apmex), but even they’re ~$200 over spot for the stuff I’m looking at: 100 gram Swiss ‘combi’ bars and US mint Gold Eagles...1 oz. Canadian Maple leaf coins appear to be out of stock everywhere.
Is that price over spot reasonable for these times? Seems like a lot to me, but I’ve been out of this game awhile...and 1% (ish) commissions on other trades isn’t out of the ordinary, so maybe I’m just behind the times.
what say you all?
Getting ready to sell some stock and buy some more precious metals but have never bought gold bullion outside the middle east/far east where the rules are a lot different...and a hell of a lot cheaper on the price over spot/commissions.
All the local places here near San Antonio I’ve checked into so far seem like they’re kind of a ripoff, and I’ve just started looking at the usual online sources. So far it looks like SD or JM bullion are my best bets (slightly better than Apmex), but even they’re ~$200 over spot for the stuff I’m looking at: 100 gram Swiss ‘combi’ bars and US mint Gold Eagles...1 oz. Canadian Maple leaf coins appear to be out of stock everywhere.
Is that price over spot reasonable for these times? Seems like a lot to me, but I’ve been out of this game awhile...and 1% (ish) commissions on other trades isn’t out of the ordinary, so maybe I’m just behind the times.
what say you all?