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
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?
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.
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.
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:
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.
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