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re: How does one actually buy gold?
Posted on 10/5/25 at 8:53 pm to Thundercles
Posted on 10/5/25 at 8:53 pm to Thundercles
APMEX is who I've used. Never had and issue buying or selling. Seemed to have the lowest premiums as well. Have bought any in a while so not sure if that's still true.
0
Posted on 10/5/25 at 8:53 pm to Thundercles
Physical only for me.
Posted on 10/5/25 at 9:41 pm to Stiles
quote:
Started buying around ‘07 and a through the years until about ‘18 with my lowest cost about $650 and priciest about $1700.
CONGRATS!!!
Posted on 10/5/25 at 9:54 pm to prestigeworldwide
quote:
Had this same discussion with my wife. HUGE "IF" the dollar tanks, wouldn't ammo, food, medical supplies & liquor be worth more than gold?
Bartering would probably be more prevalent in the short term. But as things start to normalize gold would likely again become the prevailing monetary unit.
Realistically it won’t happen. What’s a more accurate scenario (although still very very remote) is a collapse of the country’s dollar. Theoretically you could use gold to purchase currency from other countries if their dollar/currency was still solid.
This post was edited on 10/5/25 at 9:56 pm
Posted on 10/6/25 at 6:35 am to Dawgfanman
quote:
Gold has been losing value each year for a long time..
I wish everything I own would lose value like gold.
Posted on 10/6/25 at 6:40 am to SmackoverHawg
quote:
Physical only for me.
#metoo
If you don't hold it, you don't own it.
Posted on 10/6/25 at 7:13 am to Thundercles
Phone a reputable seller, buy, and it is delivered to your door via UPS.
Posted on 10/6/25 at 8:13 am to GeauxTigers123
quote:
I also think its a good idea to have diversity in assets and so having a small amount of metals isn't a bad idea.
This is my reason right here
I own equities, real estate, crypto, and IMO diversity is key, SO,
I own a small amount of gold and silver coins, all physical, mostly eagles
Gold, and silver has, throughout recorded history, been valuable. There's something to that.
However, returns being what they are, metals are a small percentage of my investment portfolio
Posted on 10/6/25 at 10:15 am to prestigeworldwide
quote:
HUGE "IF" the dollar tanks, wouldn't ammo, food, medical supplies & liquor be worth more than gold? WTF are you going to do with a gold coin at that point?
Exchanging that coin for ammo, food, medical supplies, liquor? Your choice is walking around with 34 gallons of Jack Daniels (and getting killed for doing so) or walking around with a 1 oz coin.
Posted on 10/6/25 at 10:17 am to Dawgfanman
quote:
Gold has been losing value each year for a long time..
1n 1925, you could walk into the one of the best tailors in New York City and buy a custom tailored suit for 1 oz gold.
Still can.
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