How to buy gold?

[partypup]

[quote=LarryTheRenter]Aren’t the chances of having the actual physical gold stolen from your house far greater than the risks of the ETF going bust???? Maybe diversify with GLD, IAU and another ETF with mostly the miners (GDX???)…Maybe then buy a small % of the physical stuff if it makes you feel good…..Also it is fun at a party to whip out your gold bar and show it off![/quote]

Larry, whipping your gold out at parties is precisely the kind of move that WILL increase the chances of someone stealing your metals from your house! Come on, now. If you have a safe, the idea is not to let others know that it exists or that you have anything of value worth putting in it. The odds of someone randomly coming into your house and HOPING to find a safe hidden somewhere are very slim. Or at least a lot slimmer than the chances of losing your ETF investments in a financial system that is collapsing as we speak.

[partypup]

[quote=Sandiagon]As per my analysis, gold may not hold present price (Around $900) for a longer time. Price may go down in next 6 months to one year. At present it is better to keep some money in different foreign currencies (Canadian, Euro, pound, etc…). Dollar may lose values (at least 20% in next six months to two years. Make sure invest in foreign currencies that are convertible to US dollar pretty easily. [/quote]

Sandia, gold will most definitely fluctuate above and below $900 in the near future. The Plunge Protection Team is more active than ever, desperately attempting to short Comex futures to keep gold from hitting $1000. I suspect that sometimes this year their efforts will become much more difficult. I’m curious, though, why expect gold to suffer more than the Looney, Euro, pound, etc, given that they are all fiat currencies and central banks around the world are printing billions (if not trillions) to stem the un-stemmable? The dollar is most certainly going to lose value, but don’t you think that other fiat currencies are going to lose value for the same reason? It seems to me that on balance, gold is the safer alternative.

[partypup]

[quote=Sandiagon]As per my analysis, gold may not hold present price (Around $900) for a longer time. Price may go down in next 6 months to one year. At present it is better to keep some money in different foreign currencies (Canadian, Euro, pound, etc…). Dollar may lose values (at least 20% in next six months to two years. Make sure invest in foreign currencies that are convertible to US dollar pretty easily. [/quote]

Sandia, gold will most definitely fluctuate above and below $900 in the near future. The Plunge Protection Team is more active than ever, desperately attempting to short Comex futures to keep gold from hitting $1000. I suspect that sometimes this year their efforts will become much more difficult. I’m curious, though, why expect gold to suffer more than the Looney, Euro, pound, etc, given that they are all fiat currencies and central banks around the world are printing billions (if not trillions) to stem the un-stemmable? The dollar is most certainly going to lose value, but don’t you think that other fiat currencies are going to lose value for the same reason? It seems to me that on balance, gold is the safer alternative.

[partypup]

[quote=Sandiagon]As per my analysis, gold may not hold present price (Around $900) for a longer time. Price may go down in next 6 months to one year. At present it is better to keep some money in different foreign currencies (Canadian, Euro, pound, etc…). Dollar may lose values (at least 20% in next six months to two years. Make sure invest in foreign currencies that are convertible to US dollar pretty easily. [/quote]

Sandia, gold will most definitely fluctuate above and below $900 in the near future. The Plunge Protection Team is more active than ever, desperately attempting to short Comex futures to keep gold from hitting $1000. I suspect that sometimes this year their efforts will become much more difficult. I’m curious, though, why expect gold to suffer more than the Looney, Euro, pound, etc, given that they are all fiat currencies and central banks around the world are printing billions (if not trillions) to stem the un-stemmable? The dollar is most certainly going to lose value, but don’t you think that other fiat currencies are going to lose value for the same reason? It seems to me that on balance, gold is the safer alternative.

[partypup]

[quote=Sandiagon]As per my analysis, gold may not hold present price (Around $900) for a longer time. Price may go down in next 6 months to one year. At present it is better to keep some money in different foreign currencies (Canadian, Euro, pound, etc…). Dollar may lose values (at least 20% in next six months to two years. Make sure invest in foreign currencies that are convertible to US dollar pretty easily. [/quote]

Sandia, gold will most definitely fluctuate above and below $900 in the near future. The Plunge Protection Team is more active than ever, desperately attempting to short Comex futures to keep gold from hitting $1000. I suspect that sometimes this year their efforts will become much more difficult. I’m curious, though, why expect gold to suffer more than the Looney, Euro, pound, etc, given that they are all fiat currencies and central banks around the world are printing billions (if not trillions) to stem the un-stemmable? The dollar is most certainly going to lose value, but don’t you think that other fiat currencies are going to lose value for the same reason? It seems to me that on balance, gold is the safer alternative.

[partypup]

[quote=Sandiagon]As per my analysis, gold may not hold present price (Around $900) for a longer time. Price may go down in next 6 months to one year. At present it is better to keep some money in different foreign currencies (Canadian, Euro, pound, etc…). Dollar may lose values (at least 20% in next six months to two years. Make sure invest in foreign currencies that are convertible to US dollar pretty easily. [/quote]

Sandia, gold will most definitely fluctuate above and below $900 in the near future. The Plunge Protection Team is more active than ever, desperately attempting to short Comex futures to keep gold from hitting $1000. I suspect that sometimes this year their efforts will become much more difficult. I’m curious, though, why expect gold to suffer more than the Looney, Euro, pound, etc, given that they are all fiat currencies and central banks around the world are printing billions (if not trillions) to stem the un-stemmable? The dollar is most certainly going to lose value, but don’t you think that other fiat currencies are going to lose value for the same reason? It seems to me that on balance, gold is the safer alternative.

[LarryTheRenter]

I was just joking about “whiping it out at a party….I was just commenting on putting a good percent of your net worth in a house safe…Still dont think it is a good idea (unless it can be insured)..

[LarryTheRenter]

I was just joking about “whiping it out at a party….I was just commenting on putting a good percent of your net worth in a house safe…Still dont think it is a good idea (unless it can be insured)..

[LarryTheRenter]

I was just joking about “whiping it out at a party….I was just commenting on putting a good percent of your net worth in a house safe…Still dont think it is a good idea (unless it can be insured)..

[LarryTheRenter]

I was just joking about “whiping it out at a party….I was just commenting on putting a good percent of your net worth in a house safe…Still dont think it is a good idea (unless it can be insured)..

[LarryTheRenter]

I was just joking about “whiping it out at a party….I was just commenting on putting a good percent of your net worth in a house safe…Still dont think it is a good idea (unless it can be insured)..

[Anonymous]

I’m surprised that no one has mentioned ebay. I admit I’m a bit odd, and had a coin collection when younger. If I had some spare $$, and wanted to buy gold, I’d look for collectible gold on ebay. I have bought some stamps and a few silver coins there – prices seem good, sellers honest, etc.

Your mileage may vary. Be careful out there.

Cheers,
Scott

[Anonymous]

I’m surprised that no one has mentioned ebay. I admit I’m a bit odd, and had a coin collection when younger. If I had some spare $$, and wanted to buy gold, I’d look for collectible gold on ebay. I have bought some stamps and a few silver coins there – prices seem good, sellers honest, etc.

Your mileage may vary. Be careful out there.

Cheers,
Scott

[Anonymous]

I’m surprised that no one has mentioned ebay. I admit I’m a bit odd, and had a coin collection when younger. If I had some spare $$, and wanted to buy gold, I’d look for collectible gold on ebay. I have bought some stamps and a few silver coins there – prices seem good, sellers honest, etc.

Your mileage may vary. Be careful out there.

Cheers,
Scott

[Anonymous]

I’m surprised that no one has mentioned ebay. I admit I’m a bit odd, and had a coin collection when younger. If I had some spare $$, and wanted to buy gold, I’d look for collectible gold on ebay. I have bought some stamps and a few silver coins there – prices seem good, sellers honest, etc.

Your mileage may vary. Be careful out there.

Cheers,
Scott

[Author]

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