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.

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         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.

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         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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17 comments
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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 164 of my contest just started...you can now check the winners of the previous week!
!BEER
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Congratulations on your recent purchases! It sounds like you've been doing some thoughtful planning and investing.

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Just been saving up some cash and use it for this type of occasion.

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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!

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Haha maybe one day I’ll go for a 10-oz.

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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.

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I think $10k is the limit for US custom right now.

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Just put it deep in your ass friend.

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