Buying gold
September 23, 2007
I bought my first Krugerrand the other day. Gold prices seem to be going crazy, which to me indicates that I’ve probably bought high, but since my main goal in buying a tiny bit of gold isn’t speculation, that’s not horrible in and of itself. (As long as I don’t sell low, of course.) And, maybe I will be wrong and gold prices will continue to rise gradually.
At any rate I’m happy to have gotten started on my mini-goal of buying a few ounces of gold coins. I will probably buy several 1/10th ounce American Eagles in the near future, once they are available for sale again on the US Mint site.