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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] |
#3
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posted to rec.boats
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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? |
#4
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posted to rec.boats
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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. |
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