what do you think about the price of gold?

1 comment

in Other - Business & Finance

super math physics guy asked:


2 years ago I had a speech class that I had to do a persuasive and informative speech. My dad had been telling me that gold was going to go to $1000 an ounce and that we should buy some gold coins. So we got a few 1/10 ounce coins at about $50 each and I used them for my presentation. I told everyone in the class that it would be smart to buy some gold coins and keep them for 5 years and they will probably make some money. I explained the dollar/gold/oil relationship and now that gold hit $1000 I wonder if anyone took my (really my dad’s) advice. I wish I would’ve bought more at the time but I didn’t have a whole lot to invest.

Also, Is it time to buy silver?

Tagged as: , ,

Is this a good time to be investing in precious metals?

2 comments

in Investing

LUKE M asked:


With the economic meltdown, is now a good time to buy:
1)Gold?
2)Silver?
3)Coins?

Tagged as: , ,

Is gold price too high to invest in now?

6 comments

in Investing

PeachyDay asked:


Hi,
I am really worry about the inflation of USD.
So I am thinking of turning the USD i have into gold coins. I am not sure if this is a good idea.

Its more for safety than profit. But with gold being at $930/oz, I dont know if I will lose money if it go down again?

But then, I might also lose money if the USD get inflated.

So I am not sure which I should do. Invest in gold? or not?

Thanks

Tagged as: , ,

Where are the reputable dealers for buying and selling physical gold and silver?

1 comment

in Investing

wesleyelvis asked:


I’m interested in investing in gold and/or silver coins and bars to preserve the value of my money at this time. Who and where are the most reputable dealers??

Tagged as: , ,

Where can a person purchase gold bullion?

4 comments

in Investing

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.
nursing assistant qualification

Any suggestions?

Tagged as: , ,

Gold Coins A Good Investment?

3 comments

in Investing

CAT^ asked:


From my research, I’ve learned that US gold ownership is a privilege, not a right (US Confiscation Law 1934). If I invest in coins, even 1933 and earlier, there’s no guarantee that during a depression they won’t be confiscated. Is there a better way to protect my cash?

Tagged as: , ,

If a pirate buried a chest full of gold coins in the 1700s how much more would they be worth now than they?

1 comment

in Investing

Lleh asked:


were then? Has the value of the gold increased significantly since then. What value would the age and scarcity of the coins themselves add. Suppose the pirate says “I’m going to come back in three hundred years and dig up this treasure because it will be worth_______times as much then. What would be a good number to put in the blank? More than a hundred?

This probably isn’t really an investing question but I couldn’t find a topic for old coins or buried treasure.

Tagged as: , ,

How & where do you buy gold?

1 comment

in Investing

wonder.bread11 asked:


My husband said we could buy funds that invest primarily in gold but wouldn’t it be safer now to physically have the gold? What is the difference between bullion bars vs gold coins? Thanks!! :)

How do I invest in Gold?

1 comment

in Investing

Frustrated asked:


I would like to know how to invest in gold and not buying coins from a place like Swise America. I want to invest in ETFs, how and where do I do this?

Tagged as: , ,

Buy Canadian Maple Leaf Gold Coins with rebate check?

1 comment

in Investing

Life after 45 asked:


Should I invest in some Canada Maple Leaf Gold coins with my rebate check from uncle scam? (I’m a USA Citizen, but Canada Gold is 24K/Pure……)

Do you think gold will continue to go up in the next 5-10 years as it has historically? Why or why not please, thanks! :)

Tagged as: , ,

← Previous Entries

Next Entries →