What share of your wealth is in gold metal?
I'm not talking about the value over melt of your coins, I am talking about the overall bullion value. Do you think it's 1%, 10%, more, less?
Thanks,
JD
Thanks,
JD
"The greatest productive force is human selfishness."
Robert A. Heinlein
Robert A. Heinlein
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Knowledge is the enemy of fear
if i was in a mood i would guess about 50% of your wealth
{ just joking} you left it open
Edited to make it .5 In others words not much
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The Ludlow Brilliant Collection (1938-64)
Tom
My grandfather did say he was going to give me his 10 OZ gold brick though...at some point. Hes using it as a paper weight at the moment.
">"http://www.cashcrate.com/5663377"
The numismatic value of my gold coins is around 6% of net worth.
I can't believe I'm the only one, especially around here.
I wouldn't mind one bit if I could raise that to 20% next year.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
Were not worthy... If the time and price permits, I am probably three to four years from that mark.
Tom
<< <i>Between 10 and 12%
Were not worthy... If the time and price permits, I am probably three to four years from that mark.
Tom >>
I bought most of mine a few years ago. The price rise has slowed me down accordingly. It's a mixed blessing in that sense.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
I'm probably around 5% - 10% myself, but it doesn't say much...
Robert A. Heinlein
Oh, gold?
Depends on what you mean by wealth... Net worth? Portfolio?
Whatever I've accumulated in the past few years, I've definitely dollar-cost-averaged up.
kitco says that bid is $492.50 right now, so I guess that I'm still OK.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
Sleep well tonight for the 82nd Airborne Division is on point for the nation.
AIRBORNE!
"The silver is mine and the gold is mine,' declares the LORD GOD Almighty."
<< <i>Virtually nothing. I don't want any "investment" that depends on coin dealers as the market makers. >>
Since when do coin dealers control the gold market?
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
But I have a fair amount of silver.
--Severian the Lame
Ditto.
Joe.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>
<< <i>Virtually nothing. I don't want any "investment" that depends on coin dealers as the market makers. >>
Since when do coin dealers control the gold market? >>
For the small investor they are the only practical way of buying and selling the physical metal.
I have always considered the collectiblity ( a complete set of Lincolns in a Whitman, or Indian heads, or Mercs)
A doubled die, or a variety. A commemorative or two..... oh so many coins and so much metal.
I'd have to go with Blinded by Ego and Deadhorse on this one....
My riches are in heaven, too........ and on earth, I think about 10-15% of my collection is in gold.
Note: I don't have any platinum ( PM me if you want to sell your Library of Congress bi-metal, though)
``https://ebay.us/m/KxolR5
I am slowly trying to build the bullion equation up, esp in silver.
Trimmed the $20 gold position some following the recent strength.
roadrunner
Would like to get that up to about 2.0% but it will take some buks. Maybe on the end of year pull-back there may be some opportunity but I'm not going to adjust my plan to jump to 2%, it's just a goal.
<< <i>For the small investor they are the only practical way of buying and selling the physical metal. >>
eBay
Robert A. Heinlein
<< <i>Does gold medal include gold colored medal? Or do you actually mean GOLD. >>
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
Tyler
<< <i>Not enough. Which is why I just joined this chat room. So I can learn more about it. >>
Technically, this is a bulletin board actually...
Robert A. Heinlein
Liberty: Parent of Science & Industry