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<p>[QUOTE=&quot;clembo, post: 527025, member: 8033&quot;]Here&#039;s the way I see it and and always have. Gold is gold. If you&#039;re going to put some away as it were do it as close to spot as possible.</p><p><br /></p><p>Things have changed drastically in the recent past whether or not anyone wants to &quot;admit&quot; or &quot;buy into it&quot;. Premiums are high. St. Gaudens tend to go for WAY over spot although the number of MS pieces has not changed. U.S. Bullion is getting good premiums as well.</p><p>Sure, some of the &quot;big dogs&quot; can offer it cheaper but a lot of that goes to the middlemen looking to fill orders.</p><p><br /></p><p>Personally, I am in no position to buy gold these days but I see it EVERY day at work. I&#039;ve seen the boss pay full spot and then some for &quot;walk ins&quot; so he can fill the demand. I&#039;ve been working there less than a year but been a customer for about 15 and NEVER seen this pattern. Heck, when I traded in my Krugerand for silver he gave me full spot plus because he needed it.</p><p><br /></p><p>What little gold I do own was bought at least a few years ago BEFORE the insanity. Like I said gold is gold and if I could pick up Mexican or Austrian gold at 2% over spot I&#039;d get it.</p><p><br /></p><p>Availabilty is a problem if you don&#039;t have a fairly large budget and even then it can be. We&#039;re seeing customers traveling 50-100 miles to buy gold because they can&#039;t get it locally.</p><p><br /></p><p>We know of one dealer that is selling his &quot;scrap gold&quot; - jewelry etc. at this point. Good for him but I wouldn&#039;t be buying it unless he was selling way UNDER spot. Dealers don&#039;t buy anywhere near that and Cash4Gold sure ain&#039;t gonna do it.</p><p>Scrap requires refining and unless you have a lot you&#039;ll lose on it.</p><p><br /></p><p>If you want gold buy it. Just realize that you will get different returns depending on what it is. The &quot;cheap&quot; stuff I have bought in the past will not get the same premium as the &quot;good&quot; stuff. Course I paid less for it as well. Overall return would be roughly the same.</p><p><br /></p><p>It all depends on your budget and how much homework you do.[/QUOTE]</p><p><br /></p>

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