Can you help a FReeper out?
If YOU would like to be on a Gold & Silver PING LIST, please pm me.
The Gold & Silver Ping List covers the following:
Everything Gold & Silver
Stock market investments in mining companies,
etc.
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?
In the short-term or long-term, you can buy gold etf shares in your brokerage account... Stock symbol GLD
SILVER is SLV
I agree that it won’t be worth much DURING the collapse. At that point, only food, water, and shelter will matter.
As a previous poster noted, it’s value will be for AFTER the collapse has stabilized, and society as started to rebuild. Gold has been a store of wealth for thousands of years. That won’t change anytime soon.
Got like 400 silver oz. Got at like 5.95 in 1999.
Us y2k idiots weren’t really nuts.
If anyone comes for my metals they get the lead first, only get to silver or gold after stepping over bodies.
Can you help a FReeper out?
If YOU would like to be on a Gold & Silver PING LIST, please pm me.
The Gold & Silver Ping List covers the following:
Everything Gold & Silver
Stock market investments in mining companies,
etc.
I use AdvantageGold and American Gold Exchange.
Both reputable, and neither firm pays William Devane anything.
Some of the larger banks sell gold
It depends WHY you are buying gold.
If a long-term store of value outside the monetary system, Gold works well.
It is dense enough to store lots of wealth, it is widely valued by others, it has a very long history, and it can be exchanged when you desire.
You will not be buying things with it - though this is happening in Venezuela now. It is to preserve wealth for the future.
Ammo is great. Get what you need. It has a different purpose. Equally valid.
Realistically, you need both. And some other things too.
DO NOT put your gold or other precious items into a bank storage box. Big mistake.
I bought lots of 1oz Maple Leaf coins because the content and quality is recognized throughout the world. They are easy to exchange for cash, if you do want to cash out.
The next step beyond this is to store it outside the US legal jurisdiction. Another story for another time.
Most people will not live through a SHTF collapse. A world wide collapse today will be SHTF. Beans, bullets and booze will get you through the collapse. Your grandchildren can decide what to do with the cute coins long after we are dead.
Just my 2cents.
The wife and I have a sizable amount of our IRA in gold and silver, purchased with Noble Gold. That is a very reputable outfit (we researched them thoroughly). Our holdings are stored at Delaware Depository. As it is tied to IRA, we cannot have possession of it until we cash out.
Find a reputable coin dealer in your area. They’re not hard to find and go buy some gold from them. I do no business over the internet or from big companies looking for a huge profit.
Back in the 80s I panned for gold in Holcomb Creek in Big Bear, California. We didn’t find a whole lot of gold, but it was a great experience!
Find a reputable coin dealer in your area. They’re not hard to find and go buy some gold from them. I do no business over the internet or from big companies looking for a huge profit.
True.
Go to an estate sale. Bring your scale and tester. Usually you can grab it for below spot. Interesting items too.
And…it’s much easier to sell across a range of places. Stay away from “gold trader” places and pawn shops.
Gold can be bought from Canadian and Chinese down to 1/20th ounce and gram sized. Us gold is in 1/10, 1/4, 1/2, and full ounces.
Trying to use a gold ounce coin for “real life” situations isn’t easy. Smaller units would be easier.
If it’s just to have some, bars are OK but get them with a well known assay. That makes it easier to sell.
Can’t help you, hopefully some other FReeper will have good info. Given the tremendous money creation going on currently, my advice is to hold on to an appreciating asset.
No local coin shops in town? I use SD Bullion. You save money using a check or wire transfer. But I prefer paying cash to the local coin shop so it is untraceable. Just keep it under $5k so they don report you. After seeing how easy it was for Trudeau to seize bank accounts It seems a good idea to minimize banking now. Buy pickle jar futures. The future is bleak.
Gold coins your best bet.
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