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How to and best place to buy gold.

Posted on 09/20/2012 6:40:22 AM PDT by meeps

Need advise on how to buy gold.


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KEYWORDS: gold
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Can anyone provide tips and information on how and where to buy gold?
1 posted on 09/20/2012 6:40:28 AM PDT by meeps
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To: meeps

APMEX.com


2 posted on 09/20/2012 6:41:16 AM PDT by Fred911 (YOU GET WHAT YOU ACCEPT)
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To: meeps

placemarker


3 posted on 09/20/2012 6:41:54 AM PDT by aMorePerfectUnion (Sorry, gone rogue, gone Galt, gone international. Gone.)
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To: meeps

Look in the local Yellow Pages under categories like “Gold”, “Jewelry” and “Rare Coins” for a local dealer.

Pay cash.


4 posted on 09/20/2012 6:43:34 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: meeps

Provident Metals. Lower premiums than APMEX and very good service.


5 posted on 09/20/2012 6:45:09 AM PDT by GnL
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To: meeps

Don’t.


6 posted on 09/20/2012 6:46:01 AM PDT by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
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To: meeps
Weird, had a dream about buying gold last night.
7 posted on 09/20/2012 6:46:18 AM PDT by Envisioning (Call me a racist........, one more time..........)
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To: meeps

Wherever you buy check the prices against the current market prices at somewhere like http://www.monex.com/liveprices. If you are lucky you can buy form an individual at the spot price or a bit more. The commodity prices are much higher.


8 posted on 09/20/2012 6:46:23 AM PDT by mountainlion (Live well for those that did not make it back.)
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To: meeps

Also, where do people keep their gold if they have investment quantities, i.e. more than a shoebox of coins? What secure storage is there that can be trusted to not be running a fractional reserve scam with clients assets?


9 posted on 09/20/2012 6:49:54 AM PDT by Paine in the Neck (Socialism consumes everything)
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To: Fred911
I second that - APMEX.com. I've made several purchases from them with no problem whatsoever. They provide reasonable mark-ups and occasional special pricing. Their shipping is fast.

Here are the shipping, handling and insurance costs:

•$12.95 (USD) for orders of $50.00 - $249.99 (USD)
•$19.95 (USD) for orders of $250.00 - $999.99 (USD)
•$24.95 (USD) for orders of $1000.00 - $24999.99 (USD)
•Free for orders of $25,000 (USD) and over

10 posted on 09/20/2012 6:50:45 AM PDT by Dr. Thorne (Democrats - The Treasonous Pervert Party)
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To: Paine in the Neck

If you’ve got more than a shoebox of coins you should be able to afford a good safe and have it properly attached to a large piece of concrete.


11 posted on 09/20/2012 6:52:54 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: meeps

I have found this website to be a very useful source of information on the economy, gold, and silver.

http://goldismoney.info/forums/


12 posted on 09/20/2012 6:56:14 AM PDT by Silver Sabre
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To: meeps

Stay away from the Tungsten.


13 posted on 09/20/2012 6:57:50 AM PDT by THE UNDISPUTED TRUTH (Islam: the original killer app)
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To: Paine in the Neck
"Also, where do people keep their gold if they have investment quantities, i.e. more than a shoebox of coins? What secure storage is there that can be trusted to not be running a fractional reserve scam with clients assets?"

I keep my gold with other items that are worth their weight in gold. In my gun safe.

14 posted on 09/20/2012 7:01:26 AM PDT by mosaicwolf (Strength and Honor)
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To: THE UNDISPUTED TRUTH
I bought some tungsten bars recently, but I became suspicious about them. So I drilled into one and checked.

It turns out that they were not pure tungsten; they were filled with gold.

Bummer.

15 posted on 09/20/2012 7:01:40 AM PDT by Erasmus (Zwischen des Teufels und des tiefen, blauen Meers)
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To: Paine in the Neck
Also, where do people keep their gold if they have investment quantities, i.e. more than a shoebox of coins?

A shoe box will easily hold 500 oz or ~ $850,000.
What do you call investment quantities?

16 posted on 09/20/2012 7:04:31 AM PDT by Politically Correct (A member of the rabble in good standing)
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To: DuncanWaring

I didn’t mean to imply that I was looking for a storage alternative to a shoebox or a pvc pipe buried in the garden. Obviously a safe would be involved for moderate, in-home quantities. I was thinking more of what people with $1 million plus in tangible gold do for storage. It seems that off-site, secured vault service of some kind would be preferable but I hear so many stories of the gold not actually being there or being dilluted with tungsten.


17 posted on 09/20/2012 7:05:16 AM PDT by Paine in the Neck (Socialism consumes everything)
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To: meeps

Buy ‘junk’ gold coins.

They are easier to sell, in small denominations.

There is also some numismatic value, although that will deteriorate when TSHTF.

If discovered by the government - and purchases are tracked - they will not be likely to be confiscated as gold was under FDR, since they are collectibles and not hordes gold.


18 posted on 09/20/2012 7:08:22 AM PDT by Bon mots (When seconds count, the police are just minutes away...)
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To: Erasmus
I bought some tungsten bars recently, but I became suspicious about them. So I drilled into one and checked.

Where do you buy your drill bits?

19 posted on 09/20/2012 7:09:01 AM PDT by tacticalogic ("Oh, bother!" said Pooh, as he chambered his last round.)
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To: meeps

hordes = hoarded (Autospell fixer on my new Mac... G-r-r-r-r-r)!


20 posted on 09/20/2012 7:09:08 AM PDT by Bon mots (When seconds count, the police are just minutes away...)
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