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John H[_2_]

On Mon, 23 Sep 2013 20:19:13 -0400, wrote:

On Mon, 23 Sep 2013 18:55:36 -0400, John H
wrote:

....and, other than a Krugerand many years ago, have never done so. Any suggestions as to where gold
can be purchased? I'm thinking coins, or something tangible, that I can give as Christmas presents.

The first thing you need to find out is what state close to will let
you buy gold or silver without a sales tax.
Then it is just a matter of finding the guy with the least premium
above spot..
You also have a timing issue or you will lose your shirt.
The other question is gold or silver.

Last time I did it I ended up on a coin dealer in Atlanta and I
brought a bag of silver quarters home in my carry on. That was 1995
and I think it was $5 an oz. It has been $50 but that pulled back
recently. I really don't watch it that closely.
I think I would wait until the congress settles all this foolishness
and see if we get a bigger pullback.
If the US ever got it's credit rating back I think gold prices would
crash.

I was thinking mail order. Don't know if I'd have to pay a sales tax though. Lots of things to check
out.
--

John H.

Hope you're having a great day!