
About
Lifelong retired conservative who worked 37 years DoD
Member since Aug 2021
@Coligirl I guess this was your first purchase. You pay a premium over the spot price anytime you purchase this commodity. The more the demand, the higher the premium. So you need to hold it until the price goes above this premium level in order to make money. Numismatic coins are more expensive than bullion coins. When you sell you have to watch it as well. Buy and hold it is the play now. You will get your premium back and then some. Find the point where the value in USD = Gold, then sell.
@eradman
Yes it was my first buy… thanks for your explanation Im now starting to get it. Recently retired and trying to protect my TSP.