DONT BUY THE GOLD ETF’s – BUY PHYSICAL GOLD BULLION!
Very interesting video of of Gold World Editor Greg McCoach with a short story that discusses Gold and ETFs, coins and Central Fund of Canada at the 2007 Profit from the Peak Conference. In the story it seems they were met with extreme resistance about being able to start a Gold ETF backed by real gold. Some very powerful people have been manipulating the hell out of gold for years. The time on this manipulation is going to run out. Make sure you have some. goldsilver.com Infomation of suppresion of gold prices buy central banks www.gata.org
i wonder how lil people like me can get gold to actually store….cause push will come to shove soon. at least that’s how it seems to be heading.
you can buy it from a local coin shop.
Gold is 970 an oz today.
You may also want to consider Silver, its cheaper and will rise like crazy once this thing unfolds. Best bet is American Eagles, canadian maples and Austrian Phillharmonic coins.
All are .999 pure silver.
Silver bars work too, make sure they are in 1 oz tho, makes for easier trading. If your rich, buy gold and silver!
good advice! thanks. i’ll check it out.
in no way rich, just very worried.
As of today:
Metal Current 24hr +/-
Gold $995.00 +$15.50
Silver $14.48 +$0.32
Platinum $1090.00 +$20.00
Palladium $213.00 +$1.00
Gold is rocketing toward $1,000! If you can’t afford gold, silver is becoming more valuable, relative to gold, and may be the better investment per the return. Make SURE you get physical metal you can hold in your hand!
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Even if you’re poor, buy silver. Sell anything that isn’t real and in your hand, and get something real in your hand.
Only trade in ETFs if you can afford to lose money. Trade in ETF metals and take the profits to directly buy physical precious metals. Also, Morgan Silver Dollars are not 100% silver. In times like this you would want to buy silver at the lowest possible cost per ounce. Gold and silver coins are ok as long as you get them close to spot price. Silver bars are great. 10 and 100 oz bullion bars will be much easier to sell when you need to. FYI – 1000 oz bars are tracked by the IRS.
Let me take a wild guess as to the name of the company that offered that 79 yr old gentleman 50% below market value for his gold coins….
Goldline?
I seem to recall reading they have a knack for targetting lil old ladies to sell overpriced numismatic gold coins. If this is true (and I say if since I don’t know for sure), they are scumbags for stealing from the elderly and vunerable.
@doobsta , what do you think of Westminster Mint ? i just bought 5 single pounds of .999 silver bars a little overpriced with the shipping. Are they reputable ? i had no problems with them. I found them in a full page of a money magazine