Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
For me, it depends on where in the market cycle we are and what additional premium is attached to the Saint. There are times when the Saint is overpriced and times when it is underpriced. With a market just taking off after a consolidation, the saint is the better buy. Near the market peak I'd rather be in the Krug.
I prefer the look of the saint as well. Right now AU's are carrying about a 15% premium to melt. In different parts of 2009 they ranged from 15% to 35%. So right now they are probably on the low end. But note that as gold goes higher and higher, premiums will shrink.
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Comments
Yogi Berra
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I prefer the look of the saint as well. Right now AU's are carrying about a 15% premium to melt. In different parts of 2009 they ranged from 15% to 35%. So right now they are probably on the low end. But note that as gold goes higher and higher, premiums will shrink.
roadrunner
MANY positive BST Transactions
Because I have a custom Capital Plastics multi-coin Holder for 5 - 1oz Rands sadly sitting in it's box empty
Camelot
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......