Log in or Sign up
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
General gold coin collecting questions
>
Reply to Thread
Message:
<p>[QUOTE="coleguy, post: 703532, member: 9167"]I wouldn't advise buying paper gold. Most were scams and never paid out. If you can't have product in hand, I'd stay away. If this is for investment only, why buy coins? You can pick up 1oz bars at about any decent sized coin shop for less than 1% over spot, especially now that gold isn't selling too well. Of course, that just brings up the disadvantages to investing in bullion...when the prices are high, like now, people assume they can sell at a huge profit, when in reality, nobody will buy high, so they're stuck with the goods until the prices fall. Most refiners will not buy from individuals, so if you have to sell, it's at much lower premiums to dealers. Don't think you're going to get rich off gold. If this were the case, many of us here would be retired right now.</p><p>Guy~[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 703532, member: 9167"]I wouldn't advise buying paper gold. Most were scams and never paid out. If you can't have product in hand, I'd stay away. If this is for investment only, why buy coins? You can pick up 1oz bars at about any decent sized coin shop for less than 1% over spot, especially now that gold isn't selling too well. Of course, that just brings up the disadvantages to investing in bullion...when the prices are high, like now, people assume they can sell at a huge profit, when in reality, nobody will buy high, so they're stuck with the goods until the prices fall. Most refiners will not buy from individuals, so if you have to sell, it's at much lower premiums to dealers. Don't think you're going to get rich off gold. If this were the case, many of us here would be retired right now. Guy~[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
General gold coin collecting questions
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...