Topic: How to buy gold and silver. - page 2. (Read 4432 times)

I have ordered from them.  I paid with a check (takes about 3 weeks to get your order) but you get a better price than when you use a card.

I would say look at buying American Gold/Silver Eagles or Canadian Gold/Silver Maple Leafs in whatever size you want.  They are the easiest to move, and are always going to stay at a higher premium over spot than generic rounds.

If you want others (bars, generic rounds) you can get them a little closer to spot, but I would recommend keeping your collection to 50% or more of US/Canadian minted gold/silver. 

This is where I have been looking actually.  Have you had good experiences with them?  Any recommendations on which gold or silver bars to purchase from them?   There are so many different choices...

For gold/silver comparison purposes, you would have to take the overall world money creation though.

To my knowledge, about $15 trillion dollars worth of money have been created worldwide since 2008 or so. Do you have a different numbers (and a link or source)?

Overall, I totally agree with you, just interested in learning more about this topic. I googled it and it was hard to find any info.

I took a look at the good delivery list yesterday and have to say I'm a bit confused:

http://www.lbma.org.uk/pages/index.cfm?page_id=147&title=good_delivery_lists

I didn't find the Austrian Mint on the list (produces the Philharmonic and should definitely be on there), but I found a producer that I know is not first class (Degussa). You should get some more info on all of this  - and let me know if you do!

EDIT: Just looked at it again, could it be the Austrian Mint is not in it because listed are only companies with bars of at least 400 ounces (=12kg, gold) and 1000 ounces (=30kg, silver)? See "Good Delivery Rules".

I buy cheap gold and silver at pawn shops.

There are loads of coin shops where you are at. the most important things to consider when buying is making sure you are getting as close to the spot price as you can and that the silver/gold will sell when you need it to (also that it is real of course...). Silver is silver, but USsilver eagles, Canadian Maples, EU philharmonics, and the panda coins if you want, probably have the best resale value but they have the highest premiums, especially the pandas. 100oz bars can be more convenient for some people and you should get closer to spot with a 100oz bar depending on what it is and where you are buying it. generic silver has lower premiums, the buffalos are not a bad choice. just make sure you know what the price of silver is the exact moment you are in the shop looking to buy. its been going up a bit lately it might cool off for a while but 2-10xx years i think its fair to be pretty bullish on silver/gold. the attitude all over the world would have to drastically shift for gold and silver to go pre-911 levels and just the amount of times the US monetary base has been multiplied by 2008 will have anybody scratching their head as to what will happen over these coming years in all sorts of markets. what usually would take about 10 years for the Monetary base to double, has more than tripled in the last 5 years since 2008. the sheer volume of illegitimate federal reserve notes being pumped into the systems cannot align with anything other than a rising prices of just about everything, including gold and silver, and btc.

good luck 

Thanks man, this is more good info that I will definitely use when I go shopping for some metals

Check out JM Bullion if you're still looking. They don't accept Bitcoin yet 

I thought you're poor and homeless? You owe your lawyer $2.5 million. 

Just look for pawn shops and store that advertise that they will buy your gold.  If they buy chances are pretty good they will sell.  There's also coin collectible shops, it should be pretty easy to find stores in OC.

Go with the bars and rounds. Buy from trusted sources. Get into community. By a large volume for best prices. And if you are in it, buy regularly. Only make decision after studding.
 Best way to sell to your community members other wise to dealers but they'll give you less.

Did you end up buying any gold or silver?

It feels like an excellent time to buy some with a medium to long term perspective, the FED will announce in the coming months that it stops tappering and that it will increase QE and Gold price will skyrock

I have bitcoins, just looking to diversify a little. I have a few stocks and then some bonds and mutual funds, as well as LTC. I dont have any silver or gold so it interests me

Why to buy a gold and a sliver?

better to buy Bitcoin!

I know this is a longshot given how wide of a user base is here, but does anyone know of a place that i can walk into and physically buy gold or silver in the ORange County, CAlifornia area?  I'd feel way more comfortable in person, even the the sales person would probably be trying to swindle me anyway. Lol

I know this is a longshot given how wide of a user base is here, but does anyone know of a place that i can walk into and physically buy gold or silver in the ORange County, CAlifornia area?  I'd feel way more comfortable in person, even the the sales person would probably be trying to swindle me anyway. Lol

In EU there is http://www.bitgild.com/ but I cannot comment on whether they are trustworthy or not... But is it a good idea to buy gold and silver with bitcoin? well, please do the math yourself before buying anything. You can easily end up paying way too much for PMs if you don't.

I'm looking for a page where I can buy gold and silver with bitcoin - Is there a retailer within the European Union??

I don't like to pay toll just for importing goods to the good old EU. 

There is a list of companies whose PMs count as highest quality, which is called "good delivery". You can find a list of all good delivery companies at the LBMA website. Those are highest quality PMs that should be accepted anywhere.

Only buy good delivery!

I was looking at some of the 1kg bars of silver and potentially some of gold after, do you have any recommendations on which ones are better than the others?