Printable View
Anyone here do business with them or know anything about them? I've been wanting to covert my cash savings from worthless paper to gold for some time but finding a source I trust is a challenge.
Or perhaps someone can recommend a different source? And to be clear, I'm not looking to buy into a gold fund or any other such foolishness. Trading one form of worthless paper for another is pointless. I want to buy and take possession of real gold.
ammo would be a better and cheaper investment
That's part of the 'investment' plan as well. However, since I don't believe that all of civilization will permanently collapse, there is a need to have something convertible into whatever paper currency is in use. Gold serves that requirement, ammo does not.Quote:
Originally Posted by Elhuero
There's that trust thing again. I know about monex, but something makes me suspicious of them. Maybe it's their cheesy commercials.Quote:
Originally Posted by Byte Stryke
Do your research, you can buy at 10% to 15% less, and you should have about 10% in gold per your svaings. You can store it at home in a safe or better in Canada.
You should also consider silver as it is less than gold but always maintains a great return and the market is less volitle.
Another note:
Store Your Gold in a Private Swiss Bank VaultIn September 2009, ETF Securities launched Physical Swissshare. Take care not to buy these shares at a premium.
Gold Shares (SGOL). SGOL holds real gold stored in Swiss
vaults, rather than futures or mining stocks.
SGOL is a $356 million fund with a modest 0.38% fee. Each
share represents about 1/10 of an ounce of physical gold. So, if
gold is $1,000 per ounce, you shouldn’t pay more than $100 per
I got a ton of info but I paid for it so do some home work and never buy from a tv advert.
Quote:
Originally Posted by mutt
very true. good luck in your pursuit.
don't forget porno mags. after the breakdown of civilization they'll be worth their weight in gold!
Quote:
Originally Posted by mutt
yeah, well they were shipping insured to my door.
so, whatever.
Gold and other metals are too high right now. They're fueled not by a shortage but by market paranoia. No, I don't think things are great but the false inflation/pyramid thing will come crashing down. Everyone was sure oil was going straight to $200 a barrel last time and a lot of folks lost a bunch when it came back down.
What good will gold stored in another country do for you?
Or is that a more positive outlook, meaning no total societal collapse?