How to buy gold?

2009-07-25 06:49:44

#1

Freke1: I play at night... mostly; +47|6785|the best galaxy

I'm in Europe and have online banking. Is it possible to buy physical gold or some paper certifying the gold, or what do gold buying people do?
I would rather not have to go down to the bank, and carry it home (not sure that is even possible?).
So how does it work? Is there an easy way to invest in gold instead of stocks?

Also what happens to stocks on NYSE if the dollar looses value? Nothing? Up? Down?
(I have some American stocks right now).

https://bf3s.com/sigs/7d11696e2ffd4edeff06466095e98b0fab37462c.png

2009-07-25 06:51:02

#2

Bertster7: Confused Pothead; +1,101|6820|SE London

Of course you can. It's just commodity trading. Easy.

2009-07-25 06:51:53

#3

Noobeater: Northern numpty; +194|6685|Boulder, CO

I believe the standard procedure is that you buy the gold through another company who keep it stored in their main safe so you can't physically touch it or take it home. No idea what the companies are or how you go about contacting them.

2009-07-25 07:39:02

#4

Freke1: I play at night... mostly; +47|6785|the best galaxy

ok, thanks. Any thoughts on dollar down/stock up or gold up senario?

like this: dollar down 50%, gold up 50%, Euro unchanged - will I be richer or poorer?

2009-07-25 07:42:03

#5

Uzique: dasein.; +2,865|6709

If you have such a poor knowledge of the stock and commodities market, why are you interested in investing in something with a ridiculously high value, like gold? Investing in gold during this recession won't be the miracle cure to your financial ills- everyone has known of gold as a safe, non-depreciating investment for a loong time, there's not a whole lot of gain. Put your money into a building society savings account and enjoy the annual interest, it'll be the same as gold

_{libertarian benefit collector - anti-academic super-intellectual}. _{http://mixlr.com/the-little-phrase/}

2009-07-25 08:50:38

#6

ATG: Banned; +5,233|6767|Global Command

Don't let anybody store it for you. Almost a pound of gold can be stored in a spam can buried in your back yard.

Also, don't buy any collectors shit or special runs from private mints. You just want gold.

2009-07-25 09:04:15

#7

Freke1: I play at night... mostly; +47|6785|the best galaxy

It can be a little hard to undastan what's happening when U can watch video's like this:

I like to invest what little money I have in US companies, but since the FED have tripled the amount of dollar bills in the last year, I'm worried about US inflation. I don't have a goldmine, I have to buy the stuff and was just wondering if it can be done like with stocks, or if You have to find some company that will store it for a huge annual commission (which is crap).

Life is so much easier when there's no crysis (pension stocks are up - no worries for loosing my job - payback of debt etc).

ATG wrote:
Don't let anybody store it for you. Almost a pound of gold can be stored in a spam can buried in your back yard.
Also, don't buy any collectors shit or special runs from private mints. You just want gold.

ok thanks, I don't have a backyard though.

Last edited by Freke1 (2009-07-25 09:07:38)

2009-07-25 09:13:26

#8

mafia996630: © 2009 Jeff Minard; +319|7002|d

wtf @ vid, is that vid really trying to suggest its better trading silver/gold for shit is the future ? "this is the future", wtf.that's monetary system was in the past and it didn't work(Gold standard)

2009-07-25 09:16:24

#9

ATG: Banned; +5,233|6767|Global Command

George is a local ( to me ). He is getting paid to make these scare videos ( although I wish he'd stfu, it appears he is right about some things )

2009-07-25 09:33:22

#10

Freke1: I play at night... mostly; +47|6785|the best galaxy

Yeah if nothing else it's kinda hands on amateur reporting that You don't see elsewhere:

http://www.youtube.com/user/InflationUS (George4Title's new account)
http://www.youtube.com/user/manoftruth
http://www.youtube.com/user/visionvictory
http://www.youtube.com/user/crabbydogtrix

ManOfTruth actually predicted the crysis in his early vids (like Peter shiff).

2009-07-25 09:44:03

#11

Krappyappy: 'twice cooked beef!'; +111|7058

Freke1 wrote:
ManOfTruth actually predicted the crysis in his early vids (like Peter shiff).

no one could have predicted terribly voiced north koreans, freeze ray aliens, and matrix sentinel ripoffs.

Last edited by Krappyappy (2009-07-25 09:44:25)

2009-07-25 10:24:07

#12

SealXo: Member; +309|6774

Don't buy the ETF, its too steady right now. Wait till actual gold goes down to about 900 again and then pick up a certificate for one- its just as good as owning the actual gold/.

2009-07-25 10:30:03

#13

Freke1: I play at night... mostly; +47|6785|the best galaxy

ETF certificates - are they listed on NYSE?

BF2S Forums How to buy gold?

ATG wrote:

Freke1 wrote:

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