#FamilyIsEverything. APL = 8.17/10 *Authorized conspiracy theorist *Not an authorized preacher.
By the time they admit to a recession it will be over.
Gold getting close to the targeted price.
too late to purchase?
If not, where could one go?
btw, i know you are not a financial advisor
I buy from APMEX.com Check your states tax rules. For example, In CA, if you buy at least $1500 at a time, there is no sales tax.
Also APMEX offers a Visa “Bullion” card. Cash back for precious metals.
I am not affiliated with APMEX. Not financial advice.
NOW- a good time?
If you are using longer term savings, then yes, buy it while it can still be bought. Same with silver. Price has been down but they (dealers) keep marking up the premiums. Supply and demand and all that. If you are holding for awhile then the dip down won't matter at all. What matters (to me) is having a liquid, movable asset that isn't paper.
Also echoing gorilla, use a safe dealer or even a large coin shop if you know anyone that can verify they are reputable. - apmex, jmbullion, moneymetals, sdbullion - I have used all of them with no problems. They won't sell you fakes.👍
One more thing. Very Important. There is counterfeit gold, silver, etc. Everything down to the packaging, fake assay, fake security holograms, etc. Only buy from a vetted and reputable dealer.
This is personal opinion and not financial advice. I think gold under $2K is a bargain. I believe metals will have to be revalued after the booms. The valuations we see have been suppressed and manipulated. Silver is extremely cheap. The gold silver ratio is off too. Will gold go down lower? possibly. But Will dealers sell lower?
