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I think I want to buy physical gold.

Discussion in 'General' started by Beer Slut, Nov 30, 2012.

  1. Beer Slut

    Beer Slut Well-Known Member

    Anyone with experience here? Where to buy? Who to trust?
     
  2. beac83

    beac83 "My safeword is bananna"

    First, wait till it's at a reasonable price. It's near the top of it's 52 week average.
     
  3. Cannoli

    Cannoli Typical Uccio

    Second, learn how to spell buy
     
  4. notbostrom

    notbostrom DaveK broke the interwebs

    buy some GLD unless you want something to bury in the yard? If it's the latter consider MRE's guns or ammo, they will be better currancy after 12/21/12
     
  5. speedluvn

    speedluvn Man card Issuer

    You plan to use it to barter when society as we know it collapses?
     
  6. Beer Slut

    Beer Slut Well-Known Member

    Wow. Thought I did, then saw my title. I'm a dumbass.

    So who to trust and where to go?
     
  7. Beer Slut

    Beer Slut Well-Known Member

    Maybe.
     
  8. notbostrom

    notbostrom DaveK broke the interwebs

    seriously, buying physical cold is for suckers, who are you going to sell it to when the time comes? I bet they offer 25% less than market value so what was the point. I deal with this all day on a professional level... open a brokerage acct and buy GLD if you just want it as speculation on prices.

    why do you want to own it?
     
  9. notbostrom

    notbostrom DaveK broke the interwebs

    so what is better to own in a zombie apoc? a shiny piece of metal or guns food medicine and ammo?
     
    tony 340 likes this.
  10. speedluvn

    speedluvn Man card Issuer

    Why wasn't hookers & blow an option?
     
  11. Rebel635

    Rebel635 Well-Known Member

    I kinda understand why he wants the physical stuff.

    If you just buy Gold shares and the stock market TOTALLY crashes you got nothing but ones and zeros....even if he takes a 25% loss on the worth of gold, at least he has SOMETHING in his hands

    with that being said, i think the gold train has sailed. Its in its own bubble now.
     
  12. Beer Slut

    Beer Slut Well-Known Member

    I think the dollar's going to fail and I don't want the banks to have my money. Is it a false sense of security to own something that will always have value or do you think gold will some day be worth less than the dollar? I seriously don't understand how this works.
     
    Last edited: Nov 30, 2012
  13. stalemate27

    stalemate27 Banned

    All you need is enough ammo to kill a few people then take their guns ... Wash rinse and repeat :beer:
     
  14. speedluvn

    speedluvn Man card Issuer

    And just how much would be enough?
     
  15. stalemate27

    stalemate27 Banned

    Depends on your aim :D
     
  16. pickled egg

    pickled egg Tell me more

    FTFY :up:

    Fractional numismatics will likely be the easiest to barter with in the coming zombiepocalypse. 1/10 to 1/4 troy oz, .9+.

    Or, look at silver. Lower price point per oz, never made of tungsten, available in non-numismatic rounds and ingots to remove that "real money" premium that won't mean shit when the currency collapses. :up:
     
  17. notbostrom

    notbostrom DaveK broke the interwebs

    if the above happens gold will be worthless as well. If we get to that point the only things of value will be guns ammo food medicine and Diesel fuel. Who the F is gonna care about gold when there are riots in the streets.
     
  18. pickled egg

    pickled egg Tell me more

    The survivors.
     
    rcarson15 likes this.
  19. notbostrom

    notbostrom DaveK broke the interwebs

    if you think the dollar is going to fail.. sell everything you own while it's worth something.. if the dollar fails everything will be worth zero unless you can eat it, use it to get food or use it to defend yourself from others who can't.

    you are either an investor or a prepper... anyone in the middle will be 100% wrong
     
    sheepofblue likes this.
  20. speedluvn

    speedluvn Man card Issuer

    and what will they do with it?
     

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