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alsouthster
07-29-2006, 04:42 AM
Hey, with PeakOil and Enddays and whatnot, I was wondering if anyone
here is buying /has bought gold? And if so, do you have a how to? :)
I heard that if you are going to buy coins, just buy the crummiest coins, long as they are gold. don't matter what's on the coin
Where else can you buy gold? If I am going to make this move, i would prefer to buy solid gold ingots, a la Goldfinger. Is this possible?
And once youve bought your gold, where do you keep it?
In a bank??? surely not.
IN your house? sounds dodgy,unless you got a vault?? Are there seperate trustworthy entities where one can keep one's gold?
thanks in advance

Twostep
07-29-2006, 06:50 AM
Might check this out...
xxx.gcitrading.com/gold.htm

Rent a safe deposit box at the bank, whatever size is appropriate. My Dad did this with his extensive coin collection - it worked great for many years. Only way I'd keep gold buillion at the house is in a high quality floor safe...one set in concrete below floor level...and make damn sure nobody outside your family knows you have it there.

You might consider some long-term bonds as an investment, too....there's lots of AAA rated, insured municipal bonds now paying 5 percent, tax FREE. Over the next 10 years, you'll make some good money - and you can always sell the bonds at any time even though the maturity date may be 30 years down the road (sell them when interest rates are low; they'll bring considerably more)

cojones
07-29-2006, 06:54 PM
Floor safes are good in concrete except when flooded like Wilma for me all my silver coins got ruined .But they weren't .9999% silver. But those Buffalo gold ones(indianhead) are and would hold up to the salt water.My safe bit the dust thedust too. As far as safety deposit boxes go they can be got at by who ever has a judgment against you or govt. .