Gold Flake?

Discussion in 'Bullion Investing' started by garfiun1, Mar 21, 2011.

  1. garfiun1

    garfiun1 New Member

    So Ive seen people on the web selling gold flake and wondering is there any investment value in it.
     
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  3. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    It's worth its weight in gold. lol

    I've seen it in novelty stores too. IMO, if you're buying gold in less than 1 gram measurements, it's not really investing as the transactional costs will eliminate any possibility of profit, and it probably complicates resale too making it less liquid than other forms of bullion. I'd suggest going with silver if you're limited in the amount of money you can put in.
     
  4. garfiun1

    garfiun1 New Member

    I had some flake and was wondering if it was worth anything and Im going to try starting in with silver.
     
  5. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    If it's real gold, it is certainly worth its weight in gold. ;)
     
  6. garfiun1

    garfiun1 New Member

    The prices ive seen flake going for I would have to think about it first though. and the flake i have got is 24k
     
  7. renu

    renu New Member

    Going for silver is better than gold flake if the investment capacity is low.
     
  8. vest007

    vest007 New Member

    Bars and bullions made of gold are easier to manage. But flakes are quite difficult to store and manage. Also the problem with resell value is there. If you buy bullion coins or bars from reputed sources like Golden Eagle and Golden Buffalo, there is no problem in selling them later. But the case of gold flakes is not like that. It is quite difficult to sell them later.
     
  9. harbinger

    harbinger New Member

    As far as choosing silver over gold for investors making small purchases I'd point out that the 1 gram gold bars from Pamp Suisse sell for a similar price as 1 oz silver bullion. So it is still possible for someone to make a "small" $100 investment in gold without assuming they have to go for silver at that price. As far as which one will make a stronger rally moving forward, that's a whole different topic.
     
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