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    Eagles vs. Buffalos - Louisville investor chiming in

    Key Takeaways
    • β€’I’ve seen the same old arguments before, but I'm looking for fresh perspectives.
    • β€’My initial reasoning for Eagles was the fractional options and the fact they’re just so recognizable.
    • β€’Being out here on the farm, there's something comforting about owning something with that kind of historical weight and government assurance.
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    I've been holding both American Gold Eagles and Buffalos in my Gold IRA for a few years now, and I’m curious to hear how others are thinking about these two for new allocations. My portfolio is sitting somewhere in the $180k range right now for the gold portion, and I’m always evaluating what makes the most sense as I look to add. I’ve seen the same old arguments before, but I'm looking for fresh perspectives.

    My initial reasoning for Eagles was the fractional options and the fact they’re just so recognizable. Being out here on the farm, there's something comforting about owning something with that kind of historical weight and government assurance. I started buying them around 2018. The Buffalos, on the other hand, felt like a purer gold play with their .9999 purity, even if they only come in 1oz. I picked up a few of those later, around 2020, as more of a hedge against currency fluctuations rather than a collectibility play.

    For those of you with significant gold holdings, what's guiding your decisions today? Is the slight premium on Eagles for their collectibility and government guarantee still worth it in your eyes? Or are you leaning purely into the higher purity and often lower premium of the Buffalos? I’m looking at potentially adding another chunk, maybe $15k-$20k, in the next quarter or two, and I’m genuinely torn about which way to go this time. My priority is wealth preservation and long-term growth, not day trading. I'm based in Louisville, and while I have a good relationship with my local dealer, I also do my homework online.

    Also, on a slightly related note for those closer to retirement (I’m still a ways off, but planning pays off!), has anyone here used an RMD Calculator like the one on goldirablueprint.com/rmdcalculator to factor in their gold holdings? I’ve been messing around with it to get a rough idea of future distributions, and it’s a helpful tool for long-term planning, especially with precious metals.

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    3 comments

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    Best Answerβ–² 6 upvotes
    P
    patricia_millerπŸ“ŠGrowing (50-100k)

    Haha, "Eagles vs. Buffalos" sounds like a heavyweight match! I've been in a similar boat, trying to decide on new allocations. For my last purchase, I actually ended up going with some Silver Eagles because the premium on the gold Buffalos was a bit high for my comfort at the time. Still love both, though. Good luck with the decision!

    Comments (3)

    2
    margaret_chenπŸ†Advanced (250-500k)Real Investorβ€’1 day ago

    Hey, cool post! Just curious – when you say "new allocations," are you thinking more about dollar-cost averaging into existing positions, or are you looking to add a completely fresh chunk of gold to your portfolio?

    6
    patricia_millerπŸ“ŠGrowing (50-100k)βœ“ Verifiedβ€’1 day ago

    Haha, "Eagles vs. Buffalos" sounds like a heavyweight match! I've been in a similar boat, trying to decide on new allocations. For my last purchase, I actually ended up going with some Silver Eagles because the premium on the gold Buffalos was a bit high for my comfort at the time. Still love both, though. Good luck with the decision!

    2
    michael_andersonπŸ†Advanced (250-500k)Real Investorβ€’1 day ago

    Interesting take, but I'm not sure I completely agree on always needing both for new allocations. While diversification is good, for a Gold IRA I sometimes lean towards just one or the other, depending on the premium at the time and my overall portfolio goals. If I'm really trying to maximize ounces for the dollar, sometimes sticking to one can be more efficient than splitting hairs between the two. What makes you prefer holding both for new buys?

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