Have been buying physical gold and silver for the past 8 years.
Family and friends have told me they would like to invest in gold but can’t afford it. They don’t realize that physical gold is available in smaller amounts (1 gram, 2.5 grams, 5 grams, 10 grams, etc.). Haven’t purchased any gold recently, but believe there are several small gold refineries selling 1 gram of 24K gold, with assayers certificate for around $70 - $80 at present.
Thanks for that info, but how does one take a gram of gold to the supermarket to buy groceries? I’m just wondering about the relative ease of cashing in that gold vs. the selling of shares of GLD, which can be done in an instant through an online brokerage account.
there are several small gold refineries selling 1 gram of 24K gold, with assayers certificate for around $70 - $80 at present
Much wiser is to buy silver if you can’t scrape together a few thousand a year to buy a one ounce coin, or to buy 1/10th ounce coins.
gainesvillecoins.com has low prices on surprisingly small quantities.