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      07-21-2012, 08:38 PM   #1
V8Beatr
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Anyone buy Bullion?

I've been thinking about investing in some 50 and 100 ozt bars of Silver and a few oz of gold, In Bullion/Coin form. Do any of you keep a percentage of your net worth in Bullion?

If so, any advice, tips, warnings? I've got a huge gun safe so storage won't be an issue.
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      07-21-2012, 11:13 PM   #2
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I'd buy gold certificate or bullion stock such as SLV and GLD
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      07-21-2012, 11:16 PM   #3
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I have both chicken and beef.
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      07-22-2012, 10:34 AM   #4
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I buy Krugerrands and keep them along with some cash in my safe.
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      07-22-2012, 10:56 AM   #5
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u should invest in seeds and bullets
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      07-22-2012, 11:02 AM   #6
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Quote:
Originally Posted by PINeely
I buy Krugerrands and keep them along with some cash in my safe.
What is a Krugerrand?

I found out what a Krugerrand is, it's hold currency from Africa. The only problem with buying gold right now is the insane price. Silver however is undervalued right now.
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      07-22-2012, 11:03 AM   #7
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Quote:
Originally Posted by GHOSTDOG
u should invest in seeds and bullets
Already did, plenty of both.
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      07-22-2012, 11:04 AM   #8
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Quote:
Originally Posted by MisterSkiMask
I have both chicken and beef.
The internets seems to be too much for you to handle?
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      07-22-2012, 10:06 PM   #9
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Quote:
Originally Posted by V8Beatr View Post
I've been thinking about investing in some 50 and 100 ozt bars of Silver and a few oz of gold, If so, any advice, tips, warnings?
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If anybody is interested in buying Gold and silver from my source please email: machsid77@gmail.com
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      07-23-2012, 07:44 AM   #10
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http://www.gainesvillecoins.com/

This place has the lowest price over spot. Other co-workers and family have used this place with no problems. Their shipping is a little slow, but the product is legit.
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      07-29-2012, 08:49 PM   #11
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Send a message via AIM to ianbiz
can we continue this thread?
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      07-29-2012, 09:00 PM   #12
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Quote:
Originally Posted by Epacy2 View Post
http://www.gainesvillecoins.com/

This place has the lowest price over spot. Other co-workers and family have used this place with no problems. Their shipping is a little slow, but the product is legit.
This may seem ignorant to those that buy into precious metal coins, bars, etc... but, wow....I didn't realize how involving it can get. There is far more 'variety' than I would've guessed. I had always played with the idea of picking up some coinage or bars but never got serious about it. Is there any reason one would buy coins over bars (assuming equal weight)?
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      07-30-2012, 12:01 AM   #13
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Speaking as a person in the jewllery industry here in Canada - I wouldn't be buying gold for investment. It's too volatile right now. Plus it seems to have flat lined around the $1600 USD mark.

Gold is inversely proportional to the economy. If the economy is bad and people don't have confidence in it, they buy gold. The opposite is true when the economy is doing well - they don't pay attention to gold.

In Canada, we've not been hit early as hard as the US. That being said, our indicators are that things are on the mend - slowly - but mending none the less. Personally, I think gold will drop over time right now versus going even higher.

Just my opinion. I've got my investments with other stuff like mortgage pools, etc.
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      07-30-2012, 08:22 AM   #14
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I too buy krugerrands as they are made in SA, I also purchase gold coin sets with low mintages. With krugerrands they fluctuate in price along with the gold spot price. What I like with the coin sets is they gain value year on year. So as a long term investment they are fantastic. I have 5 sets that I plan on keeping for 8-10 years.
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