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Tortoise

Member
  • Posts

    92
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  • Country

    United Kingdom

Reputation Activity

  1. Like
    Tortoise got a reaction from GenX in Near All Time High...bad time to buy?   
    Hi,
    It is not possible to tell whether we are at the start or end of a bull run in gold, or any other type of asset.  The possibility of inflation is well known and the efficient market hypothesis ( https://en.wikipedia.org/wiki/Efficient-market_hypothesis ) says this will already be reflected in the price.  (i.e lots have people have already bought gold in anticipation, driving the price up, to relect the fears about inflation.)
    Sorry if this doesn't help much, but my startegy is to not worry to much about the current price, but just make slow and steady investments over a long period of time so prices average out.  If I don't have enough to invest in what I want in any given month, I just save until I do.
    Chards is a British site, but has a lot of information that I found really useful about buying gold at low premiums. 
    Buying 2.5 gram bars will have a larger premium than say a 1 troy once bar. 
    Since you are in New York, perhaps buying American gold Eagles would be better for you?  Check the premium you would pay on them vs. 2.5 g PAMPs.
    Good luck in purchases.
     
  2. Like
    Tortoise got a reaction from Gordy in Hello Everyone   
    Thank you.  And so true, I think I realised that when I had that first coin in my hand!
     
     
  3. Like
    Tortoise got a reaction from Bigmarc in Hello Everyone   
    Hi,
    So I am new new to precious metals and the forums.
    I purchased a 2020 sovereign at the tail end of last year from Chards and a 2021 sovereign from Atkinsons this year.  That so far is my entire stack.  As my name suggests I am looking to add to it in a slow and steady fashion.  My idea is to go for new sovereigns or Britannia's, as funds permit.
    However, I was surprised how visceral the feeling of holding even a small lump of gold was.  So, although in theory I am a stacker, I do know I could easily get distracted by any beautiful gold coins.  I have a lot to learn though before I become a collector.
    I found this place via some of the very nice youtube videos that some of you guys run.
    Regards,
    The Tortoise
     
  4. Like
    Tortoise got a reaction from trp in Hello Everyone   
    Hi,
    So I am new new to precious metals and the forums.
    I purchased a 2020 sovereign at the tail end of last year from Chards and a 2021 sovereign from Atkinsons this year.  That so far is my entire stack.  As my name suggests I am looking to add to it in a slow and steady fashion.  My idea is to go for new sovereigns or Britannia's, as funds permit.
    However, I was surprised how visceral the feeling of holding even a small lump of gold was.  So, although in theory I am a stacker, I do know I could easily get distracted by any beautiful gold coins.  I have a lot to learn though before I become a collector.
    I found this place via some of the very nice youtube videos that some of you guys run.
    Regards,
    The Tortoise
     
  5. Like
    Tortoise got a reaction from Gordy in Hello Everyone   
    Hi,
    So I am new new to precious metals and the forums.
    I purchased a 2020 sovereign at the tail end of last year from Chards and a 2021 sovereign from Atkinsons this year.  That so far is my entire stack.  As my name suggests I am looking to add to it in a slow and steady fashion.  My idea is to go for new sovereigns or Britannia's, as funds permit.
    However, I was surprised how visceral the feeling of holding even a small lump of gold was.  So, although in theory I am a stacker, I do know I could easily get distracted by any beautiful gold coins.  I have a lot to learn though before I become a collector.
    I found this place via some of the very nice youtube videos that some of you guys run.
    Regards,
    The Tortoise
     
  6. Like
    Tortoise got a reaction from SilverJacks in Hello Everyone   
    Hi,
    So I am new new to precious metals and the forums.
    I purchased a 2020 sovereign at the tail end of last year from Chards and a 2021 sovereign from Atkinsons this year.  That so far is my entire stack.  As my name suggests I am looking to add to it in a slow and steady fashion.  My idea is to go for new sovereigns or Britannia's, as funds permit.
    However, I was surprised how visceral the feeling of holding even a small lump of gold was.  So, although in theory I am a stacker, I do know I could easily get distracted by any beautiful gold coins.  I have a lot to learn though before I become a collector.
    I found this place via some of the very nice youtube videos that some of you guys run.
    Regards,
    The Tortoise
     
  7. Like
    Tortoise got a reaction from rlingford in Hello Everyone   
    Hi,
    So I am new new to precious metals and the forums.
    I purchased a 2020 sovereign at the tail end of last year from Chards and a 2021 sovereign from Atkinsons this year.  That so far is my entire stack.  As my name suggests I am looking to add to it in a slow and steady fashion.  My idea is to go for new sovereigns or Britannia's, as funds permit.
    However, I was surprised how visceral the feeling of holding even a small lump of gold was.  So, although in theory I am a stacker, I do know I could easily get distracted by any beautiful gold coins.  I have a lot to learn though before I become a collector.
    I found this place via some of the very nice youtube videos that some of you guys run.
    Regards,
    The Tortoise
     
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