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<p>[QUOTE=&quot;Cloudsweeper99, post: 75444, member: 3011&quot;]crystalk - Consider this: as I write this, the spot price of gold is $470.40 and 100 shares of GLD representing 10 ounces of gold can be purchased for $4696.00.&nbsp; If you add in the $7 commission from Scottrade, it is $470.30 per ounce, or roughly the same as the spot price.&nbsp; I don&#039;t know where I, as a retail customer, can purchase gold coins for less.&nbsp; If you can, good for you.&nbsp; Regarding the rant about doing things yourself, it is irrelevant.&nbsp; If you purchase a gold coin from an internet dealer, or I purchase the economic equivalent from an internet broker, there is no substantial difference from a dollar standpoint.&nbsp; If you like to walk into a coin shop and deal with someone in person, that is a lifestyle preference and not an economic consideration.&nbsp; Regarding the privacy aspect, I&#039;m not paranoid about it so that is not an issue for me either.&nbsp; If you like to touch and possess your gold, then coins are the way to go. But the post I was responding to referred to the investment aspect of gold, not the collectors aspect, so I think my response, which merely pointed to an alternative method of participating in a rising gold price in a way that is inexpensive and easy to do, was warranted.&nbsp; But I agree with you that anyone who is dead set against the stock market, 401K plans, and &quot;the filthy rich&quot; as you call them probably shouldn&#039;t look into GLD.[/QUOTE]</p><p><br /></p>

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