JonK asked:
Now is as good time as ever to invest in gold with the dollar value going down. However, I would like to purchase it in the physical sense and keep it in my own personal vault.
Does anyone know any reputable places to buy gold bullion or authentic gold coins online for investment purposes, then have it shipped to your doorstep?
I am against buying it and owning a virtual “share” of gold. If the economy were to ever collapse, I doubt the Gold would be mailed out to my doorstep. So my goal is to get real gold that I can store.
That’s what many of the top richest people in the world are doing, and I think I should too.
Any ideas?
If someone has a reference that states it is illegal for US citizens to own gold, please share.
Where would be a good place to buy gold coins? I’ve got a hefty amount to invest (over $9,000) in Gold or Silver.
I’m looking for the best bang for my buck and I figure “collector” sites may be pricey simply because the items are for collectors. I’m looking buy for the material, not for nostalgia or collector value.
Any suggestions?
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{ 4 comments }
From what I heard on the Travle Channel it is illegal for a US Citizine to own gold for reasons other then jewelry or in governmetnally offered currency.
I don’t know how much truth there is to this but that is what they said on the doc I saw.
You can buy bulk if you have the money It price has skyrocketed upwards to $1000.00 an ounce. Go to a coin dealer and I think it is the wrong time for gold and platinum but a good time for silver.
I don’t think it is illegal for a US person to buy and hold gold. However, do you really want a chest full of gold coins under your bed? What would the cleaning lady think!
Better bet, buy a gold ETF instead. Streettracks has an ETF (Ticker: GLD) that pretty much correlates to the price of gold.
yes.
i live in NYC, and i personally visit the precious metals dealer MTB (Manfra, Tordella & Brookes) in the Financial District. they are as good a dealer as they come. they operate out of a vault-like space in a basement of a large stone building that is built for banking and the like.
if you live close to here i would suggest you come visit them; otherwise check out their website.