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Wayne.B Wayne.B is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 10,492
Default What? Glenn Beck was wrong again?

On Thu, 27 Jun 2013 16:42:38 -0400, iBoaterer
wrote:

In article ,
says...

On Thu, 27 Jun 2013 14:08:45 -0400, iBoaterer
wrote:

In article ,
says...

On Thu, 27 Jun 2013 11:52:32 -0400, Wayne.B wrote:

On Thu, 27 Jun 2013 11:42:47 -0400, wrote:

Gold is not a necessity

=======

Unless you want to protect yourself from hyperinflation. Governmental
money printing always ends badly sooner or later.

*If* I wanted to buy gold, and didn't continuously listen to Glen Beck like Harry, where would you
suggest the purchase be made?

John (Gun Nut) H.

I, like most intelligent people would go to a gold broker.....


===

[not]


Why, if you know the price of gold going in, what's the worry?


===

Transaction costs. The gold brokers are in that business to make
money - lots of money - your money. Buying and selling coins and
bullion through a broker is subject to many fees, commissions and even
sales taxes in some venues. Then you have the issue of where and how
to store it and insure it. When you go to sell, you have to be able
to authenticate it.