Do you buy gold?
 

Where do you purchase it?

I have bought some gold and silver.
Silver is more fun.. I cant barely see my gold, the coins are tiny.

5th ave and van buren behind the car wash in an alley hahaha

in my store:winkwink::thumbsup

No...I don't buy gold...although I did buy 10 ounces of gold dust in a jar years ago for $2300...so it is worth a lot more than I paid for it now...but I will just hang onto it.

buy the etf...

BTW...I purchased it from an individual...whose hobby was panning for gold and that is what he had accumulated over a period of years.

I've been buying Silver Eagles, but for gold, a really good, reputable place is http://www.apmex.com/. Right now they're selling Gold Eagles for about $70+- above the spot price and 1oz bars for around $30+- above spot. I like having the physical, because etfs can dissolve, but if you just want it on paper, GLD is probably the best etf.

In the Hua Seng Heng gold shops in China Town (Bangkok). An entire street of gold shops. Thai baht gold is 23k, so it's different than what you guys get in the western world (22k & 24k), but it buys / sells just the same on this side of the world.

Coin Shops....

Baddog the best place to go in LA is CNI http://www.golddealer.com as they have the best buy and sell prices of just about anyone nationwide. Plus they are honorable men and run a very tight ship. They won't try to pass dinged up coins to you (which reduces the value of the coin to melt value). They are just east of the 405 on Manchester. Krugerrands are the best buy. The premium for eagles is not worth it as they are still just an ounce of gold.

not yet... still not buy it... but will...

Someone I know who is a financial planner, and supposedly knows a lot about money told me not to invest in gold, and that it's all BS.

Lots of things I read, including this thread tell me otherwise. Really, should I invest in some metal?

http://www.moviemail-online.co.uk/im...-White-Cat.JPG

Sure, gold is goodie! I buy it from anyone.

Kinkos next block.

jewelry store usually. we bought an ounce a month last year. the estimates are that it will rise by 50% by the end of the year.

this is a good place online to buy gold in any volume:
http://www.bullionvault.com/

i've never used it but its pretty popular on the gold/silver forums.

Apmex is who I was looking at, but I was looking at bars instead of coins. Is there some advantage to coins [or jewelery]?

all that matters is that the weight is certified. you need that for resale.

There's not a real advantage of one over the other. Coins tend to go for collectors, whereas bars usually go to investors. At the same weight, coins tend to sell just slightly higher, given the collectibility and rarity of certain years, so sometimes they can demand a premium. Really, you can't go wrong with either one. Doesn't even hurt to mix it up.

GLD ETF
APMEX
bulliondirect

ha i had no idea. when people invest in gold they actually take possession of coins or bars? and when you want to sell you have to physically ship it? how does buyer and seller protect themselves from getting screwed?

just read that when you buy gold coins/bullion you are paying retail and that when you sell you get wholesale price - that's no good.

you can buy gold leaf at most liqueur stores - it's real gold

[img]http://upload.wikimedia.org/wikipedi...l%C3%A4ger.jpg[/img]

Apmex - but havnt bought gold in so long.

look at silver :)

yes I buy with a FOREX Broker. Easy money.

More money buying gold with one click, than working 1 full month in adult. This business sucks now. A GOLDEN business that has been destroyed by the yunkies and free givers.

When the shit goes down, people will laugh if you hand them a bar of gold for a comely woman or food.

Edibles, drugs and ammo will be king.

Yes but only from Glenn Beck.

I personally wouldn't. Everyone's buying up gold in fear of some huge financial collapse, right? If and when that happens, guess what will happen? Nobody will have any money, so everyone will sell off their gold, making the price of gold plummet, and you lose on your investment.

That's what I think anyway.

I know a few people selling gold right now but i dont know anyone buying it at these prices.

Any bank sells gold.

Sell, sell, sell !!

its not a good investment in anycase:2 cents: People who are making the money are the dealers, both when you buy and when you sell :winkwink:

Goldline is next door to Girls Gone Wild in Santa Monica. They are such scammers. Stay away!!!!!! Glenn Beck is a douchetard for promoting them (among other reasons).

I agree these are decent prices to sell. I sold 95% of my gold this past week.

ya the time to buy was last year and 2009. this year will be the time to sell. then the cycle will repeat.

gold is always a good investment but you have to buy low and sell high like anything else.

Better to invest in Gold ETFs

Normally, I wouldn't judge a company based on their proximity to another company, but in this case I'd agree with you.

Your gold might not get bought if it's too low carat. Be careful! Buy real high carat gold that can be actually sold in the future.

There are an abundance of gold shops everywhere in Thailand because many Thai people buy gold and then use it to secure short term finance. You can get immediate cash to the value of about 80% to 90% of the gold's market value, for a monthly interest of between 1.5% to 4% (depending where you do the business).

High for what is effectively secured finance, but its a high volume business with no shortage of customers.

ya gold is the #1 investment in thailand. thats why my wife got me into it lol

I don't...