Considering the purchase of gold...
 

On Tuesday, September 24, 2013 7:37:29 AM UTC-4, iBoaterer wrote:
In article , says... ....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. Good idea, seeing how gold is losing value.....

Great! That'll make it cheaper to buy!

Considering the purchase of gold...
 

In article ,
says...

On Tuesday, September 24, 2013 7:37:29 AM UTC-4, iBoaterer wrote:
In article , says... ....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. Good idea, seeing how gold is losing value.....

Great! That'll make it cheaper to buy!

And worth less when it keeps going down.

Considering the purchase of gold...
 

In article ,
says...

On Mon, 23 Sep 2013 22:32:32 -0400, Wayne.B wrote:

On Mon, 23 Sep 2013 19:30:15 -0500, amdx wrote:

On 9/23/2013 5:55 PM, 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.


Would you like my address, I could use a $1300 Christmas present.
Mikek

PS. Same here, I bought one Krugerrand more than 30 years ago.

===

Friend of mine bought a used 50 ft racing sailboat back in the early
90s. When they unstepped the mast for maintenance they found a
Krugerrand underneath, apparently a good luck thing in some circles.

As an FYI, if you do a Google seearch on Krugerrand you will find a
lot of buying options.

Now I hadn't thought of that. Thanks.

You didn't think about doing a Google search? Why am I not
surprised.....

Considering the purchase of gold...
 

That Caribou coin is nice, and the Caribou are in the news up here because oil development in Alberta is intruding on their migration routes.
Personally I like the cheaper coin showing HMS Shannon defeating USS Chesapeake during the war of 1812.
Shannon sailed from Halifax and dragged the Chesapeake back here.
Some nice local history remembered.

Considering the purchase of gold...
 

On 9/24/13 8:23 AM, iBoaterer wrote:
In article ,
says...

On Tuesday, September 24, 2013 7:37:29 AM UTC-4, iBoaterer wrote:
In article , says... ....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. Good idea, seeing how gold is losing value.....

Great! That'll make it cheaper to buy!

And worth less when it keeps going down.



Gold is a lousy passive investment. If you buy gold when its price tanks
and then sell it if it rises substantially, then you've made money with
active investment. If you buy it and sit on it and sit on it and think
that it will be worth a lot more if and when the world economy
collapses, than you're a fool.

Now, if you give a woman some pretty gold jewelry, that's a worthwhile
investment in your relationship, and you don't have to concern yourself
with what the price of an ounce of gold is on a given day.

Considering the purchase of gold...
 

On Tue, 24 Sep 2013 10:41:31 -0400, "F.O.A.D." wrote:

If you buy it and sit on it and sit on it and think
that it will be worth a lot more if and when the world economy
collapses, than you're a fool.

===

Take Harry's financial advice for what its worth - not very much.

The magic panacea for massive government debt is inflation. It works
every time and it's coming here soon. Creditors get paid back with
depreciated dollars and the people on fixed incomes of various sorts
get paid with depreciated dollars also. This hits the retiree
population very hard unless they own some hard assets like real
estate, oil in the ground, gold, etc.

Considering the purchase of gold...
 

On Tue, 24 Sep 2013 11:39:15 -0400, Wayne.B wrote:

On Tue, 24 Sep 2013 10:41:31 -0400, "F.O.A.D." wrote:

If you buy it and sit on it and sit on it and think
that it will be worth a lot more if and when the world economy
collapses, than you're a fool.

===

Take Harry's financial advice for what its worth - not very much.

The magic panacea for massive government debt is inflation. It works
every time and it's coming here soon. Creditors get paid back with
depreciated dollars and the people on fixed incomes of various sorts
get paid with depreciated dollars also. This hits the retiree
population very hard unless they own some hard assets like real
estate, oil in the ground, gold, etc.

I'll just bet if his dad had given him a couple dozen Krugerands, FOAD would have been quite happy.
--

John H.

Hope you're having a great day!

Considering the purchase of gold...
 

On Tue, 24 Sep 2013 05:29:26 -0700 (PDT), True North wrote:

That Caribou coin is nice, and the Caribou are in the news up here because oil development in Alberta is intruding on their migration routes.
Personally I like the cheaper coin showing HMS Shannon defeating USS Chesapeake during the war of 1812.
Shannon sailed from Halifax and dragged the Chesapeake back here.
Some nice local history remembered.

The tree huggers put up big fights along those lines about the Alaska Pipeline. They discovered that
caribou are smart enough to walk under or over the pipe.
--

John H.

Hope you're having a great day!

Considering the purchase of gold...
 

On Tue, 24 Sep 2013 08:23:11 -0400, iBoaterer wrote:

In article ,
says...

On Tuesday, September 24, 2013 7:37:29 AM UTC-4, iBoaterer wrote:
In article , says... ....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. Good idea, seeing how gold is losing value.....

Great! That'll make it cheaper to buy!

And worth less when it keeps going down.

Well Kevin, it can go only so far down, you know.
--

John H.

Hope you're having a great day!

Considering the purchase of gold...
 

In article ,
says...

On Tue, 24 Sep 2013 05:29:26 -0700 (PDT), True North wrote:

That Caribou coin is nice, and the Caribou are in the news up here because oil development in Alberta is intruding on their migration routes.
Personally I like the cheaper coin showing HMS Shannon defeating USS Chesapeake during the war of 1812.
Shannon sailed from Halifax and dragged the Chesapeake back here.
Some nice local history remembered.

The tree huggers put up big fights along those lines about the Alaska Pipeline. They discovered that
caribou are smart enough to walk under or over the pipe.

Yeah, I know that's what the rape the land types say, but alas, that
isn't the problem or the solution.