How to and best place to buy gold.

[meeps]

Need advise on how to buy gold.

[Monterrosa-24]

For buying new, old, or collectable gold or silver coins I have found SCI to be very competitive and good folks with a well laid out catalog.

That’s:

Southern Coin Investments
P.O. Box 720714
Atlanta, GA 30358

www.southerncoin.com

770 383-8000

[wafflehouse]

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?

do you know how much a shoebox full of gold weighs??

buy a good safe, and bolt it securely to your foundation. then build a wall over it and you dont have to worry about someone else holding your assets

[wafflehouse]

Can anyone provide tips and information on how and where to buy gold?

the best way is to go visit your local coin shop. even better is to visit 2 or 3 or so, and see how they treat you, what their prices are, etc. definitely do some comparison shopping.

i have always gotten the best deals locally. and, if you are buying in quantity and are on friendly terms, they may cut you a break in price also.

[Lou L]

You have to get over thinking about gold in terms of dollars. An ounce of gold is just an ounce of gold. It is a store of wealth and not an investment.

You know, even after all the "SHTF talk" and hedging your other investments with gold, the "store of wealth" is still relative to what humans value in a given situation.

If people are starving, and have no food, they cannot eat gold. In such a case, a bag of grain might be more valuable.

If someone has an infection, they cannot inject themselves with gold; they cannot swallow a gold coin and cure themselves. In such a case, an anti-biotic is more valuable.

If someone wants to build a shelter, and all they have is an electric circular saw but no electricity, gold will not magically produce energy. In such a case, a handsaw is more valuable.

Why do we value gold, as a store of wealth?

[running_dog_lackey]

“Why do we value gold, as a store of wealth?”

Because $100,000 in gold is easier to carry around than $100,000 in handsaws.

[TexasRepublic]

“Can anyone provide tips and information on how and where to buy gold?”

The US government cannot confiscate what it doesn’t know about. If that sounds reasonable, then discreetly buy gold coins at coin shows held in the bigger cities. Check out http://www.coinshows.com/ to find shows near you. Walk in, buy numismatic or bullion coins, pay in cash, no receipts, walk out. FUBO!

[Politically Correct]

You know, even after all the "SHTF talk" and hedging your other investments with gold, the "store of wealth" is still relative to what humans value in a given situation.

{Snip}

You're talking about the zombie apocalypse and I'm just talking about a currency collapse.

Lots of chaos initially in both so yes you need a plan to barter and protect yourself and loved ones. When a new currency is in place and things come back to a more normal state then the gold will have protected your wealth.

For the zombie apocalypse gold will not be particularly useful.

The ratio of gold to survival items will be determined by your available funds. Most here will be better served with survival items. A small percent will also have significant wealth to protect. If it's just an economic rough patch then having those people come thru on the other side with wealth intact will be a big help in rebuilding our infrastructure and businesses.

[deoetdoctrinae]

I'm from the government, and I'm here to confiscate re-distribute your gold, for the common good.

[Erasmus]

Where do you buy your drill bits?

Perkin-Elmer.

≤}B^)