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.
--

John H.

Hope you're having a great day!

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.....

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.....

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!

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.

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.

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.

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!

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.

Invest in the companies who are mining gold. Holding the actual metal makes you think you
have the world by the balls but, you are even more subject to fluctations in the market. You
1 oz bar's value can swing $200 either way each day. And glod is down $300 in just the past 2
years. You missed the ladder and now you are at the top of the ride and the only way to get
down is to ride the slide back to the ground.

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!