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<p>[QUOTE="ChurnDog, post: 923530, member: 24404"]For that $67 a gram bar you are paying an insane premium to the spot price of gold</p><p> </p><p> </p><p>1 gram is approx .03215 tr - oz</p><p> </p><p> </p><p>so you are paying roughly $2080 a ounce for gold. Its going to take a while to break even. If you are really interested in investing in gold, save your money until you can afford to buy government bullion at the 1/2oz or larger sizes to avoid such a premium.</p><p> </p><p>Personally, that's what I have to do. Remember investing is a marathon not a sprint. Research is your friend.[/QUOTE]</p><p><br /></p>
[QUOTE="ChurnDog, post: 923530, member: 24404"]For that $67 a gram bar you are paying an insane premium to the spot price of gold 1 gram is approx .03215 tr - oz so you are paying roughly $2080 a ounce for gold. Its going to take a while to break even. If you are really interested in investing in gold, save your money until you can afford to buy government bullion at the 1/2oz or larger sizes to avoid such a premium. Personally, that's what I have to do. Remember investing is a marathon not a sprint. Research is your friend.[/QUOTE]
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