Question by JustThinking: Is the new gold buffalo coin from the US Mint a good buy?
Best answer:
Answer by Slim Whitman
It is priced way above spot, If you buy a proof version it would be a decent long term hold. I'd stick with Mapleleafs, Silver Eagles or Kruggerands for bulk investing
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{ 2 comments… read them below or add one }
It is a good buy for the mint to make money.
Stay with silver eagles for your bullion. You can readilly purchase them for a minimum over the price of silver. There is also a chance of finding a bank that sells them at spot. Check around.