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I want a few ounces of gold

Posted on 02/26/2022 8:32:53 AM PST by LouAvul

Not interested in an investment. It's purely for the sake of just having some gold.

Now is not the time to buy it, but, I've heard of people buying gold from dealers, and later discover it's not real.

I understand the difference between spot price and market price, but a couple of stores have been recommended.

Tulsa Gold and Silver. For example.

My question is, can such a place be trusted?


TOPICS: Chit/Chat
KEYWORDS: buygold; gold; purchasegold
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To: LouAvul

I’m not a gold bug. But I’ve read that a good rule of thumb is to buy government-issued gold only. A US one ounce gold coin might be more expensive than a “Gold by Jimmy” one ounce gold coin. But it’s also less likely to be fake.


21 posted on 02/26/2022 8:56:05 AM PST by Leaning Right (But The steal is real.)
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To: RoosterRedux

Copper, Brass and Lead.
.
Magic sounds.


22 posted on 02/26/2022 8:56:51 AM PST by Big Red Badger (Make His Paths Straight!)
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To: LouAvul

I also recommend Apmex.com. Very reliable and competitive prices.


23 posted on 02/26/2022 8:56:52 AM PST by POWG
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To: LouAvul
https://allamericangold.com/
24 posted on 02/26/2022 8:57:02 AM PST by real saxophonist (Confusion will be my epitaph)
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To: LouAvul
Not interested in an investment. It's purely for the sake of just having some gold. Now is not the time to buy it, but, I've heard of people buying gold from dealers, and later discover it's not real. I understand the difference between spot price and market price, but a couple of stores have been recommended. Tulsa Gold and Silver. For example. My question is, can such a place be trusted?

You've been here at Free Republic since 2004, but are only now beginning to give serious thought to this / do the work and research it?!

Don't want to offend you, but my impression is that you are too naive to even consider diving in.

Regards,

25 posted on 02/26/2022 8:59:32 AM PST by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: Gillny
I use APMEX.

Me too for silver rounds. I like silver better then gold.

26 posted on 02/26/2022 9:00:03 AM PST by jpsb
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To: alexander_busek

Yup,
Late to the party.


27 posted on 02/26/2022 9:01:20 AM PST by Big Red Badger (Make His Paths Straight!)
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To: beef
That is the best metal investment you can make. In difficult times, it will be so valuable you won’t even exchange any of it. Merely showing it to people will get you what you want.

In difficult times, merely showing it to people (e.g., a border guard with whom you are negotiating for passage; a street urchin looking to hook you up with some needed supplies; etc.) can get you coshed and lying in the gutter.

Regards,

28 posted on 02/26/2022 9:02:44 AM PST by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: Yo-Yo

Agree completely on 1/10 oz. US Eagles.

While tungsten has similar density as gold and has been used in an attempt to forge gold bars, it’s almost impossible to forge a 1/10 oz. coin. Tungsten is very brittle, unlike gold.

If/when you want to sell, a dealer/buyer would buy them from you with a quick visual inspection, such as examining them with a loupe.


29 posted on 02/26/2022 9:03:40 AM PST by oblomov
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To: LouAvul

If shtf 1 ounce of gold might buy you 1 ounce of green beans,,,


30 posted on 02/26/2022 9:04:23 AM PST by Craftmore
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To: Gillny

Agreed. APMEX is the real deal: I have bought from them, and I have sold back to them.

That is how I know they are real.


31 posted on 02/26/2022 9:04:29 AM PST by beancounter13 (A Republic, if you can keep it.)
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To: LouAvul
There's only one way to be sure the gold is real...


32 posted on 02/26/2022 9:05:05 AM PST by moovova
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To: LouAvul
I have used APMEX and Provident Metals for over a decade. I started buying with them after I got swindled out of $1000 with another site that was "storing my metals."

That guy went to jail, but my "metals" were gone if they ever existed).

Don't ever let anyone store your metals. Always take delivery, even if, like me, you were just storing it until you accumulated enough to save on shipping price.

33 posted on 02/26/2022 9:05:24 AM PST by ponygirl (An Appeal to Heaven )
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To: LouAvul

Gold is high right now. If you’re not in a hurry, you can get a bit more for your $$ if you wait for it to come down, which it always does. But if you’re not too worried about it as an investment, I’d guess it’s not likely to come down by more than 10% anytime soon, so that’s not really that big of a deal, IMO.

The major dealers are pretty safe. I know that JM Bullion is one reputable source. A well established local coin shop should be pretty safe too. Compare prices, but don’t expect too much difference. It’s a commodity.


34 posted on 02/26/2022 9:06:42 AM PST by Cornfed21
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To: Big Red Badger
Yup, Late to the party.

If this inquiry is even legitimate...

It reminds me of the innocent-sounding inquiries one sometimes encounters elsewhere on public message boards, about, say, BitCoin.

A moment after the inquiry, someone else pops up and says, "I've had very good experiences buying BitCoin from xyz - here's the link!" Followed by ten or twelve other "entities" immediately popping up and chiming in, "Yes, I've heard they're very good!" and "I already doubled my money!" and "xyz is the best!"

Not saying that that is the case here, but...

Regards,

35 posted on 02/26/2022 9:06:47 AM PST by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: RoosterRedux

I don’t think it should be either or. It should be both.


36 posted on 02/26/2022 9:06:56 AM PST by ChildOfThe60s ( If you can remember the 60s.....you weren't really there..)
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To: RoosterRedux
Ammo is more valuable than gold.

Unfortunately, the guy with the ammo is going to rob the guy with the gold.

37 posted on 02/26/2022 9:06:59 AM PST by Fido969 (45 is Superman!)
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To: gloryblaze

You can sell at close to retail prices on Ebay, but it’s additional work.


38 posted on 02/26/2022 9:07:01 AM PST by oblomov
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To: Gillny

I use APMEX.

Top quality. Reliable.

*************************************

True, but also one of the more expensive places.
Although, sometimes they do offer some good deals on Ebay.

JMBullion is just as trustworthy and reliable and they are cheaper.


39 posted on 02/26/2022 9:09:07 AM PST by kara37 ( )
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To: Craftmore
If shtf 1 ounce of gold might buy you 1 ounce of green beans,,,

If you plan to spend your gold and silver during shtf you are a fool.

Metals are for when shtf is over.

40 posted on 02/26/2022 9:12:14 AM PST by TangoLimaSierra (⭐⭐Public hangings will wake 'em up.⭐⭐)
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