$ (Au, Ag, Pt) Precious Metals - Gold, Silver, and the Platinum family of metals

[Sexy Senior Citizen]

It would be pretty cool to get some Libertads there but I was wondering how much it would cost in Liquidation fees to transport them back to Canada and vice versa if I plan to move out of Canada.

So long as you declare the gold and silver at customs, have the literal receipts of your purchase, and are willing to pay the taxes, I don't see why you should have problems bringing it into or out of Canada. Just make sure you're accurate down to the penny so the customs guys don't have an excuse.

 

[Alex Hogendorp]

So long as you declare the gold and silver at customs, have the literal receipts of your purchase, and are willing to pay the taxes, I don't see why you should have problems bringing it into or out of Canada. Just make sure you're accurate down to the penny so the customs guys don't have an excuse.

It's a good thing I've kept most of my receipts. Especially on the gold and silver maple leafs. I don't know about the premiums though. Some were bought almost 10 years ago.

 

[Sexy Senior Citizen]

It's a good thing I've kept most of my receipts. Especially on the gold and silver maple leafs. I don't know about the premiums though. Some were bought almost 10 years ago.

Depending on where you bought them, the receipt should have the spot price at the time of purchase- or you can look it up, to assist with calculations. If all else fails, then I think you should just call the customs office and explain the situation.

 

[Atli]

So long as you declare the gold and silver at customs, have the literal receipts of your purchase, and are willing to pay the taxes, I don't see why you should have problems bringing it into or out of Canada. Just make sure you're accurate down to the penny so the customs guys don't have an excuse.

It's stuff like this when I'm proud to be an amerifat and have no reason to leave this sweet sweet country (and have no where to go even if I did)

 

[Zephiel]

Already have a decent stash, but I've been checked out of prices for a good year and just want to buy a little bit more under 30. What do you guys predict for first few months of Trump?

 

[Sexy Senior Citizen]

Already have a decent stash, but I've been checked out of prices for a good year and just want to buy a little bit more under 30. What do you guys predict for first few months of Trump?

(I am not a financial advisor and this isn't financial advice)

I predict euphoria. Money will flow out of haven assets (like gold and silver) and into risk assets (growth stocks and cryptocurrencies). We should see a corresponding drop in PM prices.

 

[Fascist Kirk]

Already have a decent stash, but I've been checked out of prices for a good year and just want to buy a little bit more under 30. What do you guys predict for first few months of Trump?

well if you got liquidity on the side, look back to march of 2020. what ever the next black swan fag to come may be its going to be a liquidity crisis like march of 2020, and all the things will go on sale ........ 60 percent discounts 1000 percent discounts like negative oil if you have tanks to store it. but these events last about a day so plan to act fast.

presidents don't run the markets the fed does.

 

[Kheapathic]

I try not to post my hoard, but kinda proud over the holiday.

On the left is a 2024 Gold Dragon (Perth Mint) and my slowly expanding 1gram Valcambi that I buy second hand. On the right is my first dive into platinum; again 1gram Valcambi second hand. Might get an intact 1oz Platinum Liberty, but this is it for now.

but these events last about a day so plan to act fast.

Hoping I'll be paying attention and will snag the gold 2025 1oz Snake, because gold prices are ridiculous and I felt insane buying the 2024 Dragon when I did.

 

[.T.N.U.C]

Hoping I'll be paying attention and will snag the gold 2025 1oz Snake, because gold prices are ridiculous and I felt insane buying the 2024 Dragon when I did.

The 2025 snake looks so nice, the scales really sparkle.
I got over my dislike of Chinese things and got the 2oz snakes in silver when I went on a bit of a tear a month or so ago and added around 40oz of silver in a mix of new and older proof/collector/privy coins (as well as some old banknotes).
I still really want to get these Perth mint coins:

1kg 2001 Kookaburra with Japanese royal baby privy mark - I can't find this one on numista or anywhere else. I love the privy mark


2005 Kookaburra proof set in 1 kilo, 10oz (Evolution of knowledge), 2oz, 1oz and 1/2oz - mintage of 316

I'm trying to remind myself not to get carried away with the collector stuff (cause I'll have to post in the numismatics thread instead) and just focus more on weight but it's hard. And it's definitely time to add more gold.
I'm expecting a decent windfall soon so I'm hoping to get my first 1kg silver coin and 1oz gold coin - 10oz and 1/2oz being the largest so far respectively.
Really happy I made the choice to start stacking and am pleased with my efforts considering the short timeframe so far.

 

[Alex Hogendorp]

Our family has been planning to get me a safe whether it be in the floor, wall or a gun safe. Anything that should be hard to carry by thieves.

 

[Lone MacReady II]

For those who may have gotten scared and sold weeks ago, this is a learning opportunity. The train is going much further, and the COMEX kikes will try everything (mainly their printable derivative lies) to shake off the weak hands when they can. The last month was a big shake, but they can only stamp their feet for so long in protest before the inevitable return. Fiat must die and God's money restored to use if there's to be any financial parity again.

 

[Anti-Intellectual (AI)]

I've done my (hopefully) due diligence on platinum, but I'd like to hear out the opinions of anyone here if it is a worthwhile investment or something to avoid entirely.

 

[Sexy Senior Citizen]

I've done my (hopefully) due diligence on platinum, but I'd like to hear out the opinions of anyone here if it is a worthwhile investment or something to avoid entirely.

It depends on if you can stomach the volatility. Gold and silver are considered "safe haven" investments, so their price either crabs or rises slowly. Platinum, despite being rarer, doesn't have that perception, so the prices can swing crazily. If you do choose to buy, ignore the price afterwards unless you want to buy more or something like 30 years have passed.

 

[Daniel Wallace]

I've done my (hopefully) due diligence on platinum, but I'd like to hear out the opinions of anyone here if it is a worthwhile investment or something to avoid entirely.

If someone would mint a platinum poker chip I would buy it in a heartbeat. Otherwise, I could take it or leave it. I'll probably buy a platinum coin one day just to have one.

 

[Lurking no more]

I own 1 oz of platinum, and in hindsight, that money would have been far better put into gold or silver, as they have both soared since then while Platinum has remained comparatively flat. I don't plan on dumping it, but I don't plan on buying any more for the foreseeable future either.

 

[Kheapathic]

I've done my (hopefully) due diligence on platinum, but I'd like to hear out the opinions of anyone here if it is a worthwhile investment or something to avoid entirely.

Pretty much refreshing what @Lurking no more said; I remember it being ~$1,000/oz years ago, and is still hovering around $1,000 to $1,100 at times; where Gold and Silver have only gone up. I got the small 1gram pieces, mainly because there was a special of little to no spot, so it was a nice enough discount to get my interest. I got it just to get it, if you want some sort of increase in wealth, you can skip it.

 

[Alex Hogendorp]

I've done my (hopefully) due diligence on platinum, but I'd like to hear out the opinions of anyone here if it is a worthwhile investment or something to avoid entirely.

I've only decided to have a small bit of platinum compared to my collection of Gold and Silver because unlike Silver and Gold. Platinum is a lot more volatile. With that being said. I do own a 1oz platinum maple leaf just so I could have it. Where as with Silver and Gold. I continuously stack.

 

[Belgians in the Congo]

If someone would mint a platinum poker chip I would buy it in a heartbeat.

 

[Peaches the Wonder Cat]

I've done my (hopefully) due diligence on platinum, but I'd like to hear out the opinions of anyone here if it is a worthwhile investment or something to avoid entirely.

Gold is the king of precious metals. Currency was gold. Central banks still buy and hoard gold. Some cultures still their citizens invest primarily in gold. There is no substitute.

Silver is second banana. It's cheaper and has more industrial uses so the economy has more of an effect on the price. It's (accused) of being subject to price manipulation that's much harder to do with gold. It was and is the common man's precious metal, and why dimes and quarters were made of silver while $5 and $20 coins were made of gold. It's why survivalists still stock up on junk silver. It's why you can buy meme coins made of silver but not gold.

Platinum is neither of those things. It's classified as a precious metal because of how it behaves but doesn't hold nearly the position that either gold or silver have in human society. Platinum is more difficult to find, try going into your local coin shop and asking to see where the platinum is, they may not have it at all. The spread is absurd; Hero Bullion, a good dealer, sells a 1/4 ounce Platinum Eagle for $323 and buys it back for $242. How long would it take for you to profit off platinum with that kind of spread? And if your coin shop doesn't carry it, because there's no demand, what purpose does it serve as part of your stack?

If things turn sour, a little gold will let you get past the border guards, and silver could be used for common trade. Platinum doesn't work for either, it's not instantly recognizable like gold and it's not cheap like silver. In times of stagflation, gold (and silver to a lesser extent) help preserve wealth because it's been money for thousands of years. Not platinum.

 

[Anti-Intellectual (AI)]

Thanks for your input everyone, I'm going to mull it over before making any kind of purchase. I think I'd like to have a platinum coin or two just for collectors sake, but I've been thoroughly convinced against stacking it like I would gold or silver.