Physical Gold

Don't buy from Apmex. Check spot price and anything over that is considered the premium. Always try to pay as little premium as possible.

You buy gold for a hedge against a major black swan event. Not as an investment

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with the threat of possibly going to a cashless economy with digital currency

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Although I don't believe we're going to a cashless society anytime soon, how is using a digital currency such a "threat" that you want to buy gold to feel safer about it?

How often does the average person these days actually use cash rather than paying bills and buying goods and services via electronic transfer, a check or debit/credit cards?

JMO, physical gold offers three advantages that I think a lot of folks like.

Gold is the only insurance against the failure or default of Fiat currency.

Gold , precious metals, …can be easily transferred as part of a generational wealth plan. It is good, long term planning.

Gold provides a relatively stable moving average (which is why it is often used a a base for many statistical ratios) In other words, a little more predictable when equities are volatile

That said, …. don’t buy physical metals off a tv commercial. Go through a large, reputable dealer . Check “compare gold prices.com” for good dealers ….. Kitco Metals, Provident, Apmex, BGASC are all pretty good. Pick a couple, subscribe to their mailing lists, and wait for announced sales. I cannot say this enough …. dollar cost average on the dips. Don’t fall in love with “ my precious” …. goal should be the lowest DCA you can manage.

Government minted coins and bars are the easiest to liquidate, naturally. They also carry the highest premiums ( the amount raked by the dealer/middleman), while generic bars and rounds carry the lowest and are tougher to liquidate.

During the market crash in March 2020 (covid crash) …. you could buy US government minted silver coins (pre-64’ ,90% silver for 11 times face value) …. so 4 silver quarters , shipped for about $11.20, including the premiums.

Contrast that today …. the same 4 US quarters would cost $27.73 from the same dealer , including premium.

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always get the feeling that those gold ads target people that are 70+ using some fear tactic.

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Especially since Rosland Capital won’t even show me prices on their website.


The ones that advertise on TV arent the ones that you want to deal with.

I’d stick with APMEX or a local coin store.

Gold backed currencies cannot survived anymore. It creates its own type of inflation when the supply runs short. What is happening now is countries are repatriating their gold so countries that store it cannot hold it hostage if they think you are a bad actor. This gold isn't brought into the market so it neither hurts or helps the value. It just remains stagnate

Guns ammo booze and cigarettes. Gold/Silver will be simply taken from the weak by the strong using any combination of the things I listed.

I've used Gold and Silver for a couple of decades now. Bought and sold it numerous times.

I work in large project management. That means that I am constantly in the process of working myself out of a job. As a result of this, I always maintain a few months' worth of salary in savings.

I usually keep this money in gold and silver form simply because I can't just get a wild hair up my arse and go buy a boat with it. Just the process of selling it makes me leave it right where it is until I need it.

I'm sure there are better ways to do this, but this system has always worked well for me.

Of course, I haven't bought any in while mainly because the current premiums are insane.

I’m reluctant to buy gold because of the great reset. You might end up with something that has zero value and can’t be converted to a new currency if the reset goes that far.