The Summer Batch
This summer, I managed a large purchase of assets in a while. I've been saving dried powder for this purpose. For the first time, I decided to pick up an entire troy ounce of gold.
![gold1.png](https://images.hive.blog/768x0/https://files.peakd.com/file/peakd-hive/enforcer48/23u5tWUAwn4UuvADujFigXUGnQNHVMJGy3Qf7oADPMx2PvTSLF5c3J3Y7QsstUZS35HZ6.png)
Usually, I only buy a gram at a time due to budget constraints. While the premium on one gram of gold is pretty high, I could only dollar cost average so much at a time.
![gold2.png](https://images.hive.blog/768x0/https://files.peakd.com/file/peakd-hive/enforcer48/23xARTLZLfpjRrnMt2AGeDoZuzhXiHeHuXpoZAL7obB53okDUR86J6MCd4uKNcp63a22p.png)
I also picked up some silver coins from different government mints. Some are replacements for the cash I gave my child in the red packets for Lunar New Year. I didn't get Silver Eagles and Libertads since they are still relatively expensive compared to their counterparts. I may dive into some of them and tie them into current events later.
Of course, this is not the entire package. I found some silver collectibles that would serve better in another post without making this one a photo dump. Stay tuned.
Aside from precious metals, I did pick up more crypto. While regulation has been ambiguous here in the US, I think we are heading in a better direction. The precedent set by the XRP case should give other projects a fighting chance. However, I don't expect the massive pump to sustain for long. We are still in a bear market before the BTC halving in 2025.
Overall, it's been a productive summer in terms of accumulating.
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.This really look great. A great pick this is
Expensive, but good.
Congratulations on your recent purchases! It sounds like you've been doing some thoughtful planning and investing.
Just been saving up some cash and use it for this type of occasion.
Nice haul.
Thanks!
Very nice! Gold is a good purchase!
Great purchase, enforcer48!!!
Thanks!
If you're still interested , ASEs last price was $31 at Monument metals.
https://monumentmetals.com/2023-american-silver-eagle.html
Oh nice!
Sweet, nothing like the feel of a one ounce bar in your hand! Except maybe a ten ounce bar! That's some awesome stuff you picked up!
Haha maybe one day I’ll go for a 10-oz.
Very cool pickup! I'd love to buy some gold. I'm a little hesitant because besides the price, I know there will be a hassle if I ever have to take it through customs, say if I move back to the States. But mainly the price. If Hive goes up substantially in the next bull run, I may put some of the profit in gold.
I think $10k is the limit for US custom right now.
Just put it deep in your ass friend.