Which are better for a gold bullion investment: krugerrands or eagles? – why?

May 7, 2011 · Posted in Buying Krugerrand Coins · 6 Comments 

Question by RT: Which are better for a gold bullion investment: krugerrands or eagles? - why?

Note: this is only for 10% of my portfolio
Look, I happen to believe that our government can't stop spending and that, as a result, we're either headed for inflation and/or a constantly devaluing $ - so, long term, I think a certain % in gold is reasonable.

Best answer:

Answer by larry n
exactly the same - bullion trading depends on the value (amount) of the gold being traded

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Which is a better gold bullion investment: krugerrands or eagles? – why?

April 13, 2011 · Posted in Buying Krugerrand Coins · 1 Comment 

Question by RT: Which is a better gold bullion investment: krugerrands or eagles? - why?
Please don't lecture me on not buying gold. I happen to think that the US govt. will maintain its wild spending and that, as a result, we will either have inflation or a constantly devaluing of the $ . In any event it will only be 10% of my portfolio.

Best answer:

Answer by brunt
I think that you are wise to get some gold.

My opinion boils down to this: gold is gold is gold. It doesn't matter what you buy as long as it is genuine, and it is commonly identifiable by those in the trade.

By this definition, you are fine with either eagles krugerrands. Currently, 'rands are cheaper due to the premium that Americans put on the eagles, but then again, you will get the same premium when you sell, so it's a wash.

I think that you should get some physical gold, and 10% is a fine target to hit. But then again, you are talking to someone who has 30% in physical metals.

Know better? Leave your own answer in the comments!

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