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    Is anyone else seeing insane premiums on gold rounds right now? Inflation's gotta be fueling this.

    C
    Key Takeaways
    • We're talking well into the seven figures, mostly held in a secure vault down in Phoenix and some in a home safe here in Scottsdale.
    • We usually buy rounds – Eagles, Maples, Krugerrands, you name it – just easier for storage and liquidity if we ever need it.
    • But holy smokes, the premiums I’m seeing lately are just absurd.
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    Okay, so I’ve been stacking for over a decade now, and my wife and I have a pretty substantial portion of our portfolio in physical metals, especially gold. We're talking well into the seven figures, mostly held in a secure vault down in Phoenix and some in a home safe here in Scottsdale. We usually buy rounds – Eagles, Maples, Krugerrands, you name it – just easier for storage and liquidity if we ever need it. But holy smokes, the premiums I’m seeing lately are just absurd. Like, 5-6% over spot on some of the more common stuff? What gives?

    I get it, inflation is running hot. I’m an entrepreneur, so I see it every single day in supply chain costs and just general operating expenses. I mean, my monthly grocery bill for the family has jumped like 15-20% in the last year alone, and don't even get me started on property taxes here in Maricopa County. It's making me wonder if everyone else is finally waking up to the fact that the dollar is losing its purchasing power faster than a politician loses their promises. Are you guys getting hit with these premiums too, or am I just looking in the wrong places?

    My typical strategy is to DCA into gold whenever I have some excess capital from business ventures, usually targeting 10oz at a time, sometimes 20oz if the spot price dips nicely. But these premiums are making me hesitate. It almost feels like I'm front-running myself on the inflation hedge. Is the demand that high right now? Are you all seeing a surge in people looking to grab physical gold, particularly rounds, because of these inflation fears? Would love to hear some other big investors' perspectives on this, especially if you're actively buying.

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    7 comments

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    Best Answer▲ 19 upvotes
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    daniel_wright💎Premium (500k-1m)
    Yeah, the premiums are wild. I was looking at adding more to my IRA to hedge against all this printed money, and honestly, the thought of what my 401k would be worth in 10 years without gold was starting to keep me up at night. I used the IRA Calculator from the sidebar here and was actually surprised by the projections; it definitely reinforced my decision to keep diversifying with physical.

    Comments (7)

    8
    dorothy_lopez💰Established (100-250k)Real Investorabout 2 months ago

    Dude, preach! Seriously, I thought I was going crazy. I've been eyeing a few specific coins to round out my collection, and the premiums are just wild. Last year, I snagged some Eagles at like 5% over spot, now I'm seeing 10-12% minimum for the same stuff. It's definitely making me rethink my usual strategy of buying smaller quantities more often. Might have to wait for a dip or just bite the bullet on a larger purchase to make those premiums sting a little less.

    10
    diane_bailey💰Established (100-250k)Real Investorabout 2 months ago

    Wow, seven figures in gold is no small feat! That's impressive. I'm curious, when you say "rounds," are you specifically talking about something like American Gold Eagles or Canadian Maples, or does that include other forms like Pamp Suisse bars?

    6
    diane_bailey💰Established (100-250k)Real Investorabout 2 months ago

    Honestly, while inflation's definitely a factor in a general sense, I'm not entirely convinced it's the sole or even primary driver of these specific premium spikes on rounds. Hear me out: I think a good chunk of it might just be opportunistic dealers and refiners capitalizing on heightened demand and the general market buzz around gold right now. It's not *just* inflation; it's also a bit of a perfect storm of economic uncertainty and a perceived safe-haven rush. They know people are looking, so they can charge more.

    19
    daniel_wright💎Premium (500k-1m)Real Investor✓ Verifiedabout 2 months ago

    Yeah, the premiums are wild. I was looking at adding more to my IRA to hedge against all this printed money, and honestly, the thought of what my 401k would be worth in 10 years without gold was starting to keep me up at night. I used the IRA Calculator from the sidebar here and was actually surprised by the projections; it definitely reinforced my decision to keep diversifying with physical.

    10
    david_brown💎Premium (500k-1m)Real Investorabout 2 months ago

    Honestly, the *premiums* on rounds are less concerning to me than the sheer number of folks still fixated on physical gold as their primary inflation hedge. I've heard too many stories from early 2000s investors who saw their "safe" gold grow, only to have it effectively eaten away by storage fees and taxes when they finally tried to liquidate. For my portfolio – just over the half-mil mark here in Boston – I've found a much more balanced approach with gold mining ETFs and even some strategic short-term options on the majors. Physical has its place, sure, but relying solely on it feels a bit… antiquated in today's market, despite the current inflation fears.

    15
    frank_rivera💎Premium (500k-1m)Real Investorabout 2 months ago

    Totally, I was just looking at some 1oz Eagles and the premiums are making me wince. Definitely feels like everyone's rushing in, and the dealers know it. I remember back in '08, it wasn't this wild, even with the crash. Might hold off on adding more for a bit, feels a bit frothy right now.

    4
    michelle_collins🏆Advanced (250-500k)Real Investorabout 2 months ago

    Yeah, premiums are definitely elevated, but this isn't just about current inflation. I remember back in '08 and '09, when the financial system felt like it was teetering – same story, huge premiums on physical. Folks get spooked, they want tangible assets, and demand outstrips supply, especially for the smaller, more liquid pieces like rounds. It's a tale as old as time, really.

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