Saturday, July 4, 2026

Gold and Silver coins.

Im not sure if the gold and silver sell off is over now.

I saw the latest interview with Jeffery Christian, who has a wonderful YouTube channel, and publishes the Gold book.

Anyhow his latest interview points out a lot of the bad takes in the gold and silver markets. 

I agree with him that gold and silver bullion markets are still in a bull market and now as in the past there are alot of bull cases that are wrong or at least misinformed. 

Saying that wont make me popular with the gold bug movement, even though I believe investors should own gold coins and believe like Mr Christian governments and wealthy investors will continue to store wealth in gold and silver mostly gold and will continue to lose trust in US Government promises.  

US allies and enemies will continue to see US government promises as worthless much like US Native Americans have viewed the US government promises, treaties they signed with Native Americans. 

As the trust is lost allies and enemies will just continue to trust gold bullion or gold coins, and trust the US dollar less.


Thats not to say the US dollar will lose value faster than the Euro or Yen but that people will measure there wealth against gold bullion rather than US Dollars or Yen ect.

With that said I still continue to believe the British gold sovereigns are a good coins to buy if you like fractional coins, with a low premium.  I like Swiss Helvetias or French Roosters ect.

If you prefer 1/4 ounce gold eagles they are nice too. The premium on 1/10 ounce coins are high now as they always are but its a nice coin too. With gold at 4100,00 an ounce thats pretty expensive for a one once coin, so I prefer British Sovereigns at 1100,00 per coin.

Anyhow thats it for now.

No comments:

Post a Comment