NC_Tigah LSU Fan Member since Sep 2003 40149 posts
re: Best place to buy GOLD (Posted on 10/31/12 at 8:18 am to RoyBoy2323)
quote: I really want to by some gold krugerrands
Because of transactional costs and logistics, physical gold is not necessarily the best gold play for individuals IMO. You might find GLD to be a lower cost equally efficacious option. If you do opt for physical gold, Texas Precious Metals offers competitive buy-sell rates.
acgeaux129 LSU Fan We are BR Member since Sep 2007 13810 posts Online
re: Best place to buy GOLD (Posted on 10/31/12 at 9:52 am to RoyBoy2323)
Seriously, message me and I'll send you more info.
It's a pretty simple business model so it's a low expense ratio. We store the physical gold in a Storage Center here in town with a wheelbarrow on site. I run the google spreadsheet and paypal account which I'll give the info for if you PM me.
LSU0358 LSU Fan Member since Jan 2005 4586 posts Online
re: Best place to buy GOLD (Posted on 10/31/12 at 11:26 am to RoyBoy2323)
Be very careful and make sure who you purchase the gold from is legit. There has been a lot of issues with gold plated tungsten being used as the density is the same, in bars especially.
If you don't want to get whacked on transaction costs there are a few gold ETF's out there.
re: Best place to buy GOLD (Posted on 11/7/12 at 12:13 am to RoyBoy2323)
not sure you can find krugerrands but not much difference in any of these as far as performance $GLD $IAU $CEF GLD/IAU/CEF If you want physical then you need to google a reputable dealer (lots of history) touch and feel it as well.....