Should I Buy Gold/Silver?

[rational thinker]

I would like to know should I and also, how can I buy gold/ silver? I keep reading about how many people are starting to buy up lots of gold and silver because the dollar is crashing, and thus, the metals prices' are shooting up and many are going to sell them back at a profit. I wouldn't mind doing something similar to this. Please help me out in this endeavor.

 

[Luft97]

I have bought all of my Gold on Ebay. It seems to be easy enough there. You can also check out kitco.com and buy and sell there. You might also check to see if there is a local coin dealer that is near you. All three of these are good options. Check out this forum for more gold information. It is the same format as here and you can get alot of good information there as well.

http://goldismoney.info/forums/index.php

 

[Dr.3D]

Perhaps these links will help?

http://www.ronpaulforums.com/showthread.php?t=125021
http://www.ronpaulforums.com/showthread.php?t=125049

 

[Corydoras]

I'd also like to bring up this thread:
http://www.ronpaulforums.com/showthread.php?t=128774

 

[ghemminger]

Your local coin shop - just go shopping my friend - it's easy and you really aren't spending your money

 

[Carole]

Here is another question?

It costs 1.7 cents to mint a penny and 10 cents to mint a nickel? Should we be buying pennies and nickels?

Change for a penny?
http://www.chicagotribune.com/business/chi-coin12mar12,1,1796044,print.story

 

[ItsTime]

there is a thread about this too

http://www.ronpaulforums.com/showthread.php?t=128767

My theory on that is only if the dollar gets totally destroyed will it be a great investment. It could be a good investment if the we start making steel coins.

Here is another question?

It costs 1.7 cents to mint a penny and 10 cents to mint a nickel? Should we be buying pennies and nickels?

Change for a penny?
http://www.chicagotribune.com/business/chi-coin12mar12,1,1796044,print.story

 

[jonahtrainer]

I would like to know should I and also, how can I buy gold/ silver? I keep reading about how many people are starting to buy up lots of gold and silver because the dollar is crashing, and thus, the metals prices' are shooting up and many are going to sell them back at a profit. I wouldn't mind doing something similar to this. Please help me out in this endeavor.

You should RunToGold and have at least 5-15% of your net worth in gold held in allocated storage (coins, bars or something like GoldMoney) at all times. This is your foundation. After you have that foundation then you can figure out whether or not to allocate more capital to the monetary metals.

I think they will do well until you can exchange .25-3 ounces of gold for the DOW.

 

[wv@SC]

If you jump on quickly, gold is around $995/t oz. and silver is around $20. If you are feeling really froggy, you can go for platinum, which is spotting around $1960, which is $117 less than when the market opened this morning!

 

[seapilot]

Buy on dips if you have some, buy now if you dont and dont sell unless its an emergency.

 

[Archie]

Does anyone know how much Kitco charges for S&H on an order of coins? I see they have there HQ in Montreal so I assume they ship to Canada as well..

 

[davver]

When I buy its usually several thousands from outfits like APMEX.

If yours going to invest in gold it might as well be physical. In the event of a spike in gold good luck getting it out of the ETFs.

 

[FormerDemocrat]

This is a good time to buy.
It's on a dip.
It's gonna go back to 1k per oz sooner or later.

If you can't afford 1oz
buy 1/4 oz or 1/10oz.

Fiat money is still fiat money, gold is honest money.