You might want to go with a BIG guy. In the bay area, they only take cash, so you have to walk in there with thousands of dollars in cash.
One other upside. Any profits you make on gold purchase/sales are not taxed. Of course. when they ask you to write down your name, you give a false one.
J.
Marta Russell wrote:
> Thanks for the valuable caution. How does one find the genuine
> product? He was talking about pre-1933 gold that is "untraceable."
> He is Jonathan Rose.
> Marta
>
> On Jan 7, 2008, at 3:27 PM, Jordan Hayes wrote:
>
>
>>> What about gold investing?
>>>
>> All precious metals have been doing well lately for a variety of
>> reasons; gold has gone from $350/oz to $850/oz in the last 5 years.
>> Past performance is no guarantee of future results.
>>
>>
>>> I was told by someone who is trying to get me to buy gold bricks ...
>>>
>> I have seen that movie, and you won't like the end :-)
>>
>> Buying actual gold, like buying cash currencies, is tricky business
>> for
>> a small investor. I'd urge anyone to do a lot of homework before
>> investing in something unconventional like physical gold.
>>
>> /jordan
>>
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