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Old 07-18-2011, 09:59 AM  
wig
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Join Date: Feb 2002
Location: Panama
Posts: 708
Quote:
Originally Posted by Mutt View Post
i believe the people who say it's going to double within 1-3 years. very tempted to buy even now at this price but i've never bought gold before.

what's the best way to buy gold and what are the fees when i buy and when i sell?

i heard a gold tout say this 'in the middle of the Great Depression an ounce of gold bought a fine custom tailored man's suit and today it does the same'
If you believe that you will need it someday because the world is going to collapse, then along with your water / food / ammunition supplies you can buy physical from a numismatics dealer.

If you are simply treating it as an investment / trade that you will sell one day, you can look at ETF's or if you can handle the leverage, futures contracts.


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