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#1 |
So Fucking Banned
Industry Role:
Join Date: Apr 2001
Location: the beach, SoCal
Posts: 107,089
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Do you buy gold?
Where do you purchase it?
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#2 |
Confirmed User
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Join Date: Apr 2003
Posts: 7,336
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Greed is Good ![]() |
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#3 |
Confirmed User
Join Date: Feb 2007
Location: Sweden
Posts: 5,646
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I have bought some gold and silver.
Silver is more fun.. I cant barely see my gold, the coins are tiny.
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#4 |
Pay It Forward
Industry Role:
Join Date: Sep 2005
Location: Yo Mama House
Posts: 77,134
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5th ave and van buren behind the car wash in an alley hahaha
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#5 |
FUBAR the ORIGINATOR
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Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,374
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in my store
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#6 |
Nice Kitty
Industry Role:
Join Date: Sep 2002
Location: The good old USA!!!
Posts: 21,053
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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.
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#7 |
Confirmed User
Join Date: Jun 2010
Posts: 349
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buy the etf...
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#8 |
Nice Kitty
Industry Role:
Join Date: Sep 2002
Location: The good old USA!!!
Posts: 21,053
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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.
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#9 |
Confirmed User
Join Date: Dec 2001
Location: SoCal
Posts: 1,651
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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.
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#10 |
Registered User
Industry Role:
Join Date: Jul 2003
Location: Encrypted. Access denied.
Posts: 31,779
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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.
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#11 |
Confirmed User
Industry Role:
Join Date: Mar 2003
Posts: 2,257
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Coin Shops....
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#12 |
Exploiting human weakness
Industry Role:
Join Date: Jan 2008
Location: next to a salmon stream
Posts: 6,504
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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.
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#13 |
partners.sexier.com
Industry Role:
Join Date: Jan 2007
Location: San Francisco, CA
Posts: 11,926
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not yet... still not buy it... but will...
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#14 |
Too lazy to set a custom title
Join Date: Dec 2006
Posts: 29,032
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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?
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#15 |
Confirmed User
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Join Date: Feb 2011
Location: La Isla Bonita Power Level: ❤❤❤❤❤❤❤❤❤❤
Posts: 886
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Sure, gold is goodie! I buy it from anyone.
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#16 |
Downshifter
Industry Role:
Join Date: Dec 2002
Location: Road trip
Posts: 16,413
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Kinkos next block.
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#17 |
bored
Industry Role:
Join Date: Aug 2003
Location: PORNCMS.com
Posts: 4,709
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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.
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#18 | |
So Fucking Banned
Industry Role:
Join Date: Apr 2001
Location: the beach, SoCal
Posts: 107,089
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Quote:
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#19 |
bored
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Join Date: Aug 2003
Location: PORNCMS.com
Posts: 4,709
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all that matters is that the weight is certified. you need that for resale.
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#20 |
Confirmed User
Join Date: Dec 2001
Location: SoCal
Posts: 1,651
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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.
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#21 |
Ryde or Die
Industry Role:
Join Date: Dec 2002
Location: California-Shanghai
Posts: 19,568
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GLD ETF
APMEX bulliondirect |
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#22 |
Too lazy to set a custom title
Industry Role:
Join Date: Sep 2002
Posts: 34,431
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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.
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#23 |
I'm here for SPORT
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Join Date: Jul 2001
Location: Phone # (401) 285-0696
Posts: 41,470
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you can buy gold leaf at most liqueur stores - it's real gold
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#24 |
Too lazy to set a custom title
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Join Date: May 2003
Location: icq: 71462500 Skype: Jupzchris
Posts: 27,880
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Apmex - but havnt bought gold in so long.
look at silver ![]()
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#25 |
So Fucking Banned
Join Date: Sep 2007
Posts: 961
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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. |
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#26 |
WINNING!
Industry Role:
Join Date: Oct 2002
Posts: 14,579
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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. |
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#27 |
Videochat Solutions
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Join Date: Aug 2004
Location: Canada
Posts: 48,981
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Yes but only from Glenn Beck.
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#28 | |
Confirmed User
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Join Date: Oct 2007
Posts: 1,448
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Quote:
That's what I think anyway.
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#29 |
Please dont fuck animals
Industry Role:
Join Date: Jul 2010
Location: Henderson, NV
Posts: 3,988
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I know a few people selling gold right now but i dont know anyone buying it at these prices.
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#30 |
Confirmed User
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Join Date: Oct 2010
Posts: 144
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Any bank sells gold.
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#31 |
A freakin' legend!
Industry Role:
Join Date: Feb 2004
Location: Las Vegas, Nevada USA
Posts: 18,975
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Sell, sell, sell !!
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Boner Money |
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#32 |
FUBAR the ORIGINATOR
Industry Role:
Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,374
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its not a good investment in anycase
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#33 |
Exploiting human weakness
Industry Role:
Join Date: Jan 2008
Location: next to a salmon stream
Posts: 6,504
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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. |
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#34 | |
bored
Industry Role:
Join Date: Aug 2003
Location: PORNCMS.com
Posts: 4,709
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Quote:
gold is always a good investment but you have to buy low and sell high like anything else.
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#35 |
I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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Better to invest in Gold ETFs
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#36 |
Too lazy to set a custom title
Join Date: Dec 2006
Posts: 29,032
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Normally, I wouldn't judge a company based on their proximity to another company, but in this case I'd agree with you.
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#37 |
ICQ:649699063
Industry Role:
Join Date: Mar 2003
Posts: 27,763
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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.
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#38 | |
Confirmed User
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Join Date: Jul 2007
Posts: 2,892
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Quote:
High for what is effectively secured finance, but its a high volume business with no shortage of customers.
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#39 | |
bored
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Join Date: Aug 2003
Location: PORNCMS.com
Posts: 4,709
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Quote:
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#40 |
Industry Role:
Join Date: Aug 2001
Posts: 63,151
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I don't...
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#41 | ||
Registered User
Industry Role:
Join Date: Jul 2003
Location: Encrypted. Access denied.
Posts: 31,779
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Quote:
If you want to know what happens when a country collapses and how important gold is, spend some time researching Argentina's collapse. Fascinating information out there about the black markets that sprung up and how people got by. Everything I've read about it all says the same thing when they speak of gold, and that is gold coins and gold jewelry was the best to have, and actual bars were not so practical. With that said, if you are buying gold to prepare for a financial collapse, I highly suggest investing in other tangible items as well, because if the shit hits ever the fan, my food is going to be worth a lot more than your gold. But it doesn't hurt to have both. Just think about what people NEED and WANT, and stock up on it. You'll make it through any crash if you have what everyone wants. And that can range from cigarettes, packs of coffee, canned food, clean water, ammo, flash lights, and everything in between. Quote:
But you're right, the Thais are gold CRAZY. Those investing here are really in a good position in the event they ever need it, because there is no shortage of people who will buy it. |
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#42 |
Confirmed User
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Join Date: Aug 2002
Posts: 9,752
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We all should, but I don't now.
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#43 |
Confirmed User
Join Date: Mar 2008
Location: London, Saint-Tropez, Bermuda, Moscow
Posts: 5,289
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Forget ETFs. Find the best prices here: http://www.goldshark.com/
Gainesville Coins has been great to deal with. http://www.gainesvillecoins.com/ Whoever you order from make sure to ask when it will be shipped and if it's in stock. Sometimes dealers are out of bullion and take orders based on what they expect to receive. In situations like that I've waited as long as 6 weeks to receive my order. You should also think about buying some silver.
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#44 |
Confirmed User
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Join Date: Apr 2006
Location: Germany
Posts: 4,323
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Not the best time to buy gold.
And besides - if the economy and currency crashes, what are you going to do with a fat gold bar? You will probably be forced to trade the whole bar for whatever you are in need of at that moment. Buying silver coins and gold coins seems more reasonable.
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#45 |
Confirmed User
Join Date: Feb 2005
Location: Saginaw, Michigan USA
Posts: 588
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![]() I've been dealing in gold/silver/rare coins since 1954 and always promoted stashing physical gold/silver. I have, throughout the years stashed HUGE amounts of both and am not interested in selling it at this point in time. Percentagewise I've made more profit from silver. Even today I am telling everyone to BUY SILVER (physical). I believe it will double in value within the next year. Gold will go up but not at the rate of silver. Gold will probably be around $2000 (now $1400+) by the end of the year. Silver I predict will be around $50 (now $35+) by the end of the year. Election year next year will put a small spike in both metals is my guess. Friends are amazing. Been telling them for decades to buy both metals. When silver was $3 an ounce they all said 'I'm gonna wait till it drops to $2.50 to buy it'. Then it went to $5 and they wanted to wait till it dropped to $4. Then it went to $10 and they wanted to wait till it dropped to $8. etc etc etc. Now it's $35+/- and I own a HUGE amount of physical and they own .... NOTHING. People are funny ... but can be sort of on the dense side when it comes to investments. ![]() ![]() ![]() Peace to all and ... BUY PHYSICAL SILVER NOW ... you'll be glad you did 1+ years from now. ![]() |
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#46 |
Fake Nick 1.0
Industry Role:
Join Date: Oct 2005
Location: Rent free, your head
Posts: 27,655
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Silver here.. mostly coins and bars. I've seen a 400+% return on the money since last Jan when I got in on some .999 1oz silver rounds for $8.50. For those who don't have a lot of money a cheap way to buy silver is to hit the thrift stores and look for silver flatware, platters, jewelry etc. (look for .925 or Sterling markings) The people running most of these places don't have any clue as to the value.
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#47 |
Confirmed User
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Join Date: Oct 2009
Posts: 989
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Now atm also give gold biscuits.. ;) LAS VEGAS!! and few more places.
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#48 |
there's no $$$ in porn
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Join Date: Jul 2005
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Posts: 33,063
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#49 | |
Confirmed User
Join Date: Feb 2005
Location: Saginaw, Michigan USA
Posts: 588
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Quote:
Sidenote: Most storefront dealers (unless they are unethical) will buy Eagles @ full melt and non-Eagles at minus $1+/- for nice looking generic silver. Beat to hell silver they usually buy @ $2-3 below melt as usually their market for the scabby stuff is a smelter. I usually get around 97% of melt from smelters. And, that's the way it is, March 14, 2011 ... I think. ![]() |
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#50 | |
there's no $$$ in porn
Industry Role:
Join Date: Jul 2005
Location: icq: 195./568.-230 (btw: not getting offline msgs)
Posts: 33,063
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Quote:
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