Best Deal right now on Gold

Discussion of the Gold portion of the Permanent Portfolio

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SomeDude
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Re: Best Deal right now on Gold

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ppnewbie wrote: Wed Dec 30, 2020 1:04 am I should have jumped on that - I had just purchased an a set of MS-70 1,0.5,.25,0.1 eagles. And thought I can’t do another one so quick. I should have done it. Those go for something like 15 percent premiums. Anyway keep the deals coming if you have them - both of those have been fantastic.
Yup I had just purchased a set of proof MS-69 eagles. Don't boast about the MS-70 :)

Are you a collector?
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Re: Best Deal right now on Gold

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No just a goldbug. It fascinated me for some reason. Maybe a little line Gollum from Lord of the Rings. The only reason I bought the graded coins is because my local dealer had them at a decent premium 7%. I actually like to be able to touch my gold, so the graded stuff is a little annoying. If I had purchased those gram maples, I probably would have kept one in my wallet.
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Re: Best Deal right now on Gold

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ppnewbie wrote: Wed Dec 30, 2020 12:54 pm No just a goldbug. It fascinated me for some reason. Maybe a little line Gollum from Lord of the Rings. The only reason I bought the graded coins is because my local dealer had them at a decent premium 7%. I actually like to be able to touch my gold, so the graded stuff is a little annoying. If I had purchased those gram maples, I probably would have kept one in my wallet.
AHAHAH yesssssss.........

I LOVE to touch my gold. I HATE slabs. Getting these MS 69 coins will kill me but the price was so damn good.

Having the 1 gram in the pocket would be sweet. I have a silver Eagle in a capsule in my car center counsel for when I want to fondle real money and I'm not home.

If you don't have a Britannia.....make it your next purchase. TRUST me. I don't have a 2021 but it looks like the best sovereign coin ever minted. I have a 2020 and it's spectacularly beautiful.
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Re: Best Deal right now on Gold

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+1 I have just one Britannia and it’s beautiful.
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Smith1776
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Re: Best Deal right now on Gold

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SomeDude wrote: Wed Dec 30, 2020 2:11 pm
Having the 1 gram in the pocket would be sweet.
Join the club! The MapleGram is very satisfying to have in the wallet at all times. You never know when hyperinflation might strike! ;D
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Re: Best Deal right now on Gold

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JM Bullion has excellent prices on some 50g bars at the moment.

4% over spot for this cool bar.
https://www.jmbullion.com/50-gram-argor ... -gold-bar/

And 6.5 percent over spot for 50g combibars
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Re: Best Deal right now on Gold

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ppnewbie wrote: Thu Jan 07, 2021 12:47 am JM Bullion has excellent prices on some 50g bars at the moment.

4% over spot for this cool bar.
https://www.jmbullion.com/50-gram-argor ... -gold-bar/

And 6.5 percent over spot for 50g combibars
That bar looks like a rainbow. It's something else for sure. I prefer coins but it's very unique. I'm sure a dealer will still just give you spot but that isn't bad.

the 50g combibar is the best price I've ever seen on that item.

I just got 2 of the $5 dollar quarter oz coins today delivered. An eagle on one and James Madison on the other. They look good. Came in capsules. I think they were about 2% over spot.
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Mark Leavy
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Re: Best Deal right now on Gold

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SomeDude wrote: Thu Jan 07, 2021 2:31 pm That bar looks like a rainbow. It's something else for sure. I prefer coins but it's very unique. I'm sure a dealer will still just give you spot but that isn't bad.
Any idea how that spectral response is done?
Is there a plastic hologram overlaying the bar? Or do they emboss a diffraction grating directly onto the metal?

If there is no overlay, and it is just pure gold, a diffraction grating is the only method I can imagine. Pretty snazzy, if so.
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Re: Best Deal right now on Gold

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Mark Leavy wrote: Thu Jan 07, 2021 2:38 pm
SomeDude wrote: Thu Jan 07, 2021 2:31 pm That bar looks like a rainbow. It's something else for sure. I prefer coins but it's very unique. I'm sure a dealer will still just give you spot but that isn't bad.
Any idea how that spectral response is done?
Is there a plastic hologram overlaying the bar? Or do they emboss a diffraction grating directly onto the metal?

If there is no overlay, and it is just pure gold, a diffraction grating is the only method I can imagine. Pretty snazzy, if so.
no idea
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Re: Best Deal right now on Gold

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SomeDude wrote: Thu Jan 07, 2021 2:31 pm
ppnewbie wrote: Thu Jan 07, 2021 12:47 am JM Bullion has excellent prices on some 50g bars at the moment.

4% over spot for this cool bar.
https://www.jmbullion.com/50-gram-argor ... -gold-bar/

And 6.5 percent over spot for 50g combibars
I just got 2 of the $5 dollar quarter oz coins today delivered. An eagle on one and James Madison on the other. They look good. Came in capsules. I think they were about 2% over spot.
After you buy all that you are going to buy, add it to this thread please. Two percent over spot is amazing. Also Let us know your experience with JM Bullion. I use APMEX mostly but JM seems to have excellent deals and would start buying from them if there is general good feedback.
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Re: Best Deal right now on Gold

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ppnewbie wrote: Thu Jan 07, 2021 6:00 pm
SomeDude wrote: Thu Jan 07, 2021 2:31 pm
ppnewbie wrote: Thu Jan 07, 2021 12:47 am JM Bullion has excellent prices on some 50g bars at the moment.

4% over spot for this cool bar.
https://www.jmbullion.com/50-gram-argor ... -gold-bar/

And 6.5 percent over spot for 50g combibars
I just got 2 of the $5 dollar quarter oz coins today delivered. An eagle on one and James Madison on the other. They look good. Came in capsules. I think they were about 2% over spot.
After you buy all that you are going to buy, add it to this thread please. Two percent over spot is amazing. Also Let us know your experience with JM Bullion. I use APMEX mostly but JM seems to have excellent deals and would start buying from them if there is general good feedback.
I've bought 8 times from JM buillion since 2018 and never had a problem. In looking back at my orders, they were all for silver. Looks like they usually have better silver deals than gold, at least when I scan everything which is weekly.

I have had good success with SDbullion, JMbullion, Provident Metals (now owned by JM), APMEX (very turn around time), Monument Metals, Moneymetals, and a few others. I got a great price on a 100oz silver bar earlier in the year from Scottsdale mint but it took about 6-8 weeks to get to me. I don't blame them though, that's when silver dropped to $14 and sales were insane, no one could keep up with the orders.

Do not hesitate to by from JM, although as usual, I just looked at their deals and the best prices are on silver right now. Not that great today.

I'll post later on what I see as the best gold and silver deals out there today. Friday's gold sell-off is a gift. Biden said yesterday they are going to pass another several trillion dollar stimulus (sedative) for the economy. It will all be printed money. The purchasing power will come from the bondholders.
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Re: Best Deal right now on Gold

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Oh definitely - very happy that it’s selling off. Thanks for the info regarding the dealers.
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Re: Best Deal right now on Gold

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As of right now this is what I see as the deals for PHYSICAL gold (is there any other kind? lol).

Best Gold Eagle deal = 2021 Gold Eagle 1 oz for $1,939 (4.4% over spot) from https://www.bgasc.com/product/2021-amer ... ID=1016390

Best fractional gold deal = 0.242 oz US commemorative coin for $464 (3.4% over spot) from https://bullionexchanges.com/us-mint-go ... prices.com

Cheapest quality gold (that isn't a large amount) = 1 oz Royal Canadian bar for $1,907 (2.7% over spot) from https://boldpreciousmetals.com/product/ ... prices.com

Best overall = The gold Eagle up top in my opinion

What did I just order = 2021 1 oz Britannia for $1,914 (3.1% over spot) from https://www.bgasc.com/product/2021-gold ... ID=1016390

I was going to get a 2021 Britannia anyway. I think it's the best sovereign bullion coin in the work right now for beauty and security. It's not as liquid as the AGE and it will sell for less someday I'm sure, but I'll save 25 bucks today and enjoy it.

FWIW - I have purchased from all the of these companies and trust them fully. There were some other items in close competition but I would never recommend a company I hadn't already bought from.
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Re: Best Deal right now on Gold

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What’s your take on the security of echecks? I am concerned about adding bank account (echeck) info for several different dealers. Most of the research I’ve done on echeck security seemed to say it is low risk. But...I don’t usually believe what I read unless I verify a few times over.
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Re: Best Deal right now on Gold

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ppnewbie wrote: Sun Jan 10, 2021 1:01 pm What’s your take on the security of echecks? I am concerned about adding bank account (echeck) info for several different dealers. Most of the research I’ve done on echeck security seemed to say it is low risk. But...I don’t usually believe what I read unless I verify a few times over.
I use it for convenience and don't worry about it. I keep very little in my checking, never more than 10k. When it gets close to 10k I'm always buying more gold!

It's much faster. But i would say don't do it you're worried, just expect 5-10 more biz days before you get your gold.
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Re: Best Deal right now on Gold

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Just purchased an Eagle proof set (1oz, 1/2oz, 1/4oz, 1/10oz) at 6% over spot. Think I did OK on it. I love proofs because they are extra shiny and you can take take the coins out of the capsules. Got them from my local dealer.
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Re: Best Deal right now on Gold

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@tomfoolery - thanks for the advice. I’ll probably end up creating a simplified version of that system.
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Re: Best Deal right now on Gold

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ppnewbie wrote: Wed Jan 13, 2021 1:37 am Just purchased an Eagle proof set (1oz, 1/2oz, 1/4oz, 1/10oz) at 6% over spot. Think I did OK on it. I love proofs because they are extra shiny and you can take take the coins out of the capsules. Got them from my local dealer.
Very nice!

They are usually priced good when bundled like this. Also very good to get from an LCS you can have a relationship with.
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Re: Best Deal right now on Gold

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Best Gold Eagle deal = random year Gold Eagle 1 oz for $1,941 (5.8% over spot) from https://bullionexchanges.com/1-oz-ameri ... prices.com

Best fractional gold deal = 0.242 oz US commemorative coin for $455 (2.5% over spot) from https://sdbullion.com/5-us-commemorativ ... prices.com

Cheapest quality gold (that isn't a large amount) = 1 oz sovereign gold coin random design $1,883 (2.6% over spot) from https://sdbullion.com/random-1-oz-gold- ... prices.com

Best overall = The random 1 oz sovereign coin. It will probably never fetch as much on resale but saves you $58 today and free shipping.

FWIW - I have purchased from all the of these companies and trust them fully.

Bonus best silver deal - 10oz bars for $261 (4.9% over spot) from https://silvergoldbull.com/10oz-pure-si ... 430a24060c
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Re: Best Deal right now on Gold

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Best Gold Eagle deal = 2021 Gold Eagle 1 oz for $1,965 (5.4% over spot) from https://shareasale.com/r.cfm?b=585446&m ... %2FQ%3D%3D

Best fractional gold deal = 10 gram random bar for $619 (3.3% over spot) from https://sdbullion.com/10-gram-gold-bar? ... prices.com

Cheapest quality gold (that isn't a large amount) = 1 oz random design bar for $1,912 (2.6% over spot) from https://silvergoldbull.com/1oz-gold-bar ... f80a240614

Best overall = The random 1 oz bar. It will never fetch as much on resale as the Eagle but saves you $53 today.

FWIW - I have purchased from all the of these companies and trust them fully.

Bonus best silver deal - 10 oz bars for $273 (6.4% over spot) from https://silvergoldbull.com/10oz-pure-si ... 430a24060c
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Re: Best Deal right now on Gold

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Thanks! This is very helpful.
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Re: Best Deal right now on Gold

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SomeDude wrote: Sun Jan 24, 2021 10:44 am Best Gold Eagle deal = 2021 Gold Eagle 1 oz for $1,965 (5.4% over spot) from https://shareasale.com/r.cfm?b=585446&m ... %2FQ%3D%3D
...


I haven't read this whole thread, but I was wondering if you have used Bold personally? Anyone else?
I found them mentioned in this silver thread when I was googling why Apmex prices are almost always higher.
https://www.reddit.com/r/Silverbugs/com ... expensive/

Bold, e.g. / 2021 American Gold Eagle 1.24.21 5pmEST \
https://boldpreciousmetals.com/product/ ... bu-type-1/

Also, does sd metals stand for SomeDude metals?
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Re: Best Deal right now on Gold

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I have bought from Bold. No on the SD, i wish though!
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Re: Best Deal right now on Gold

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SomeDude wrote: Sun Jan 24, 2021 4:35 pm I have bought from Bold. No on the SD, i wish though!
Silver Doctors I believe. They have a great podcast of the same name and also an offshoot podcast called Rethinking The Dollar. It's a little cooky. I am big fan of both.
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Re: Best Deal right now on Gold

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Interesting, thank you. I’ll have to check that out.
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