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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Patricia Trinchero who wrote (229052)11/16/2009 9:23:47 PM
From: Reilly DiefenbachRead Replies (1) of 306849
 
Patricia,

With regard to buying bullion, you want to pay the lowest premium per weight over the current price of the metal. The online vendors that I've used and like are Bulliondirect and APMEX. Tulving is good but they require a 20 ounce minimum purchase with gold so you have to want to spend that much. I'd also check to see if you have any shops in your area that might have reasonable inventory and premiums.

For gold, most here on SI seem to favor U. S. Eagles (or at least it seems they get talked about the most), but you can usually find lower premiums on other coins. Some of the lowest premiums per weight I've seen on gold are on Mexican 20 and 50 peso coins. The 50 has 1.20 ounces of gold. Some folks like 100% gold coins and U. S. Buffaloes and Canadian Maple Leafs fit that bill. Until lately, Buffaloes have a had a rather high premium. You can find pre-1933 U. S. coins but these also carry a high premium.

I'm of the opinion that its also a good idea to hold silver. In silver, 90% bags (pre-1965 dimes, quarters, halves) have a low premium. These are usually sold in $100, $500 and $1000 face values. Bear in mind that these are bulky and rather heavy when you buy in soize so take your hubby to lug 'em for you if you buy at a shop.

I hope you found this helpful.

Regards,

Reilly
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