Gold Purchases

Frequently Asked Questions

1. QUESTION:
   What race made provisions for you to no longer use gold to make daily purchases directly but rather, use paper?

   @ Ronpual...profiling is not your forte is it?

   • ANSWER:
     Many races, as a matter of fact.

     •Kublai Khan, the 13th century Mongol emperor who ruled China decreed that those who refused to accept the paper money he issued would be executed. Paper money had been more or less abandoned in China by the 15th century.
     •In 1294, paper money was forcibly introduced in Persia, but led to economic disaster.
     •In 1716 John Law persuaded the Duke of Orleans (the French regent for the young Louis XV) to allow him to issue paper currency through his newly formed "Banque Royale". At first it did well, but like all confidence scams, the bank and the scheme collapsed. There wasn’t enough gold and silver in France to back up all the paper money issued!

     The European banksters ran roughshod over Europe for a long time.

     Woodrow Wilson was the US president who signed the federal reserve act into law, making counterfeiting legal for banksters, but illegal for everyone else. (so much for all men created equal)

2. QUESTION:
   If I Erase My Xbox360 Profile Will I Lose My Gold Membership And Marketplace Purchases?
   Right now I have 2 profiles. One has all of my achievements and the other has my live subscription and I made all of my marketplace purchases through that account. I want to merge the account and maintain my achievements, marketplace purchases and subscription. Thanks a lot to anyone who answers. Your answers are greatly appreciated.
   I purchased some Lips songs if it makes a difference?

   • ANSWER:
     You kinda screwed yourself by creating two profiles instead of just taking your "offline" profile online when you joined XBL. Microsoft doesn't make a simple way of merging profiles, but it can be done with some effort (and of course, money). Check out the link.

3. QUESTION:
   If Fed purchases gold or foreign currency, how domestic money supply will be affected?

   • ANSWER:
     If the Fed purchases gold or a foreign currency to hold as a reserve asset the money supply will shrink and the dollar will appreciate, or maintain its value - depending on why the Fed is increasing its reserves.

4. QUESTION:
   How does the Delta American Express Gold card give you double miles or Delta purchases?
   Does this mean that double miles are given based on the SkyMiles you will earn on the flight or does it mean that you simple get double miles on the dollar amount spent to purchase the ticket?

   • ANSWER:
     Two miles for every dollar of your purchase.

5. QUESTION:
   does washington mutual have an overdraft limit on purchases made by gold debit card members?
   I want to use my debit card to make an in store purchase, but the money won't be in my account for a couple of days. Will the debit card still go through if the money isn't in the account, but I have overdraft coverage. Does washington mutual offer overdraft coverage on personal accounts automatically, or do you have to sign up for it.

   • ANSWER:
     Wamu offers 3 types of OD protection, the first Overdraft Limit is what is usually on a checking account, with this you can spend up to your "limit amount", which varies, but will have to pay it back and will recieve an OD charge per transaction that clears. With a card transactions within the limit will go thriugh, but over you will get a decline. Second if you have a savings you can use the OD transfer service which will in the event of overdraft will transfer from the savings the amount of the overdraft plus the OD transfer fee if ur not a platinum cust and plus an extra 25 dollars if available. With a card as long as your savings can cover the OD and the charge youll be fine otherwise declined. Finally theres the ODLOC which is a loan that is drawn off of to pay overdrafts. You can pay this over time but the interest is usually high. With transfer service you can just call cust service but the ODLOC you must apply in a branch for since its a line of credit. Sooooo, assuming you have OD protection ill use an example. You have 100 in your account and you want to buy some thing for 300 and your OD is 500, you buy it your account is negative 200 dollars + the fee between 25 and 30 dollars. its usually best to wait the few days and save that 30 bucks because other things you may have forgotten about could come in and that adds up fast. Since i dont know your exact situation i would reccomend calling customer service at 1 800 788 7000 so they can look at your account and give you the details or if you want more you can email me.

6. QUESTION:
   What type of purchases earn points on the American Express Gold card?

   • ANSWER:
     Anything that's not considered a cash advance. By the way, purchases of casino chips, travelers checks, and other "cash equivalents" are considered cash advances.

7. QUESTION:
   How do I set up Xlink Ka to play online games on the xbox360 without purchasing Gold Membership?
   My friends have discovered a new way of basically playing xbox live but without having to purchase Gold Membership. They mentioned the prgram was called "Xlink Ka" and I do not know how to use it or set it up for that manner. Anybody?

   • ANSWER:
     What they are doing is illegal and I'm sure you'd not like to join them in illegal activities.

8. QUESTION:
   How long do I have to wait for Gold Membership to occur on Xbox Live?
   I just purchases Gold Membership for my Xbox Live account, but on the website, it says that I have gold, but when I log onto my Xbox Live account on the Xbox, it still says that I have Silver. How long do I have to wait for the Gold Membership to kick in?

   • ANSWER:
     I did the same thing and it took mine a couple of tries. Turn off the xbox and reset your connection. took me a few turn off and tries, but you have to give it time to load it. sign in/out a few and you should be good if ya give it 20 min or a few tries.
     Good Luck

9. QUESTION:
   Can I use a Xbox Live Point card to purchase a gold membership?
   So I just got a 4000 point card for my birthday, and I was wondering: Can I purchase gold memberships with it? And if I can, how much?

   • ANSWER:
     no u cant

10. QUESTION:
    Is it the right time to purchase gold from Dubai?
    I have 10,000 dirhums and want to purchase gold bangles.Is it a good investment as there has been a drastic rise in gold price and who knows in a coming few years it gets way to high for me to purchase it.
    What do you suggest?

    • ANSWER:
      buy buy buy

11. QUESTION:
    Does section 9006 (Requiring 1099 forms for gold/silver purchases) effective January 1, 2012 affect me?
    Section 9006 of the Healthcare Reform Bill seems to state that "entities" which are observed as self employed, businesses, corporations, etc. must fill out an IRS form 1099 for any gold or silver (not limited to these) coin or bullion purchases totaling over 0 per year. My question is rather simple, does this affect me - an average joe citizen - who simply buys physical silver online to protect my assets in the event the US dollar collapses? Does this bill mean to say that I, must fill out a 1099 if my purchase of silver exceeds 0 in one year?

    If not, then does it mean the business I am buying from has to fill out the 1099? And if so, do they include my name or address, or any other identifiable information on that 1099 form that could potentially allow the IRS to monitor how much silver I have?

    The wording in the bill is confusing to me, I hear mixed answers from various blogs and forums. I'm only concerned about myself having to fill out a 1099 for buying physical silver online as a private citizen joe shmoe. And if not, I want to also know if the business I buy from that DOES fill out a 1099, does so including any information pertaining to me that could allow the IRS to monitor my silver purchases. (Keep in mind I don't buy big - just 1 ounce or 5 ounce at a time I never spend more than 0 at one time).

    • ANSWER:
      Don't worry about it. Even the Democrats think this is a stupid, and unenforceable, provision.

12. QUESTION:
    What's the best way to purchase Gold & other precious metals?
    Specifically, if you're looking to invest in Gold, and want possession of the actual coins or bricks upon purchase (instead of just receiving a certifcate of ownership)

    • ANSWER:
      Any large bank will offer you a range of services to buy gold, the usual routes are gold coins or even krugerands. Just walk into your local Citi or Bank of America, and ask to talk to someone about placing an order.

      Taking physical posession is a relatively expensive way to get exposure to gold. You will have to pay a margin to which ever company you get the coins from, a fee to the bank, plus safe storage costs. There's nothing to stop you keeping your gold at home, but no insurance company will pay a claim if you are broken into.

      If you want to invest in gold I'd suggest you consider the streetTRACKS Gold Shares Exchange Traded Fund instead (symbol: GLD). It gives you pure exposure to the price of gold, and is much cheaper and quicker to buy (you order through a stockbroker, just like a regular stock).

13. QUESTION:
    How much gold price has changed since 1980?
    If 1 ounce gold purchase x number of household items in 1980 how many it purchases now?

    • ANSWER:
      Gold hit a high of 0 per ounce in 1980 and then dropped to 0-0 range and remained there for about the next 20 years before rising again. If you would have purchased gold at the high, it would need to get to about ,200 per ounce today to keep up with inflation in the US (averaged about 3.2% per year over the past 30 years which is about 2.6 times more when compounded).

      Since the price of gold is quoted in US$, the value of gold in other countries may be different since inflation in those countries was different than the US. Also during that time, the US$ exchange rate has changed during that time.

14. QUESTION:
    How do I purchase physical gold?
    Gold dealers tell me that you cannot purchase gold coins from the US
    Treasury (except for proof coins).
    The Treasury website says different.
    Can someone enlighten me on this, please?

    • ANSWER:
      You can purchase the gold eagle coins in either the PROOF or the UNCIRCULATED version directly from the U.S. Mint.
      Both versions are available in the online catalog section.

      Only the 2008 1/4 and 1/10 ounce PROOF sizes are still available from the mint.
      All of the 2008 Uncirculated sizes are still available from the mint.

15. QUESTION:
    Can anyone tell me how to buy gold bars?
    Iam looking into buying gold bars, is the internet a secure way to buy bars. What other experience have people had with gold bar purchases.

    • ANSWER:
      dont buy gold online, they will rip you off
      if your going to invest in gold or silver bullion i would contact your bank about it

16. QUESTION:
    how can i know that the gold item which i purchase is pure?
    while purchasing gold,is that enough to see the mark on the gold item,for example 22ct.;and 916 mark? or what else should be taken care?

    • ANSWER:
      If you buy from a Jeweller, it's hard to tell. You either need to understand how to evaluate gold or know a trustworthy Jeweller.

      Buying from Jewellers results in a lot of losses (10% or so) when you try to sell. A Jeweller will buy at a lower price and sell at a higher price. You can instead look at Gold ETFs (Exchange Traded Funds). Buying and selling these is easy and charges for the same are about 0.5% or so. These funds buy real gold and it's kept in some depository in physical form. That way you can invest with amounts as low as Rs. 1000, not worry about authenticity and still get gold market price.

17. QUESTION:
    How do you go about purchasing gold coins?
    The treasury website offers 1oz gold coins for sale.
    Gold dealers tell me that the treasury sells only something called "proof" coins which are more expensive.
    Can anyone help with this confusion?
    Jim Crow. What the heel are you talking about?

    • ANSWER:
      It depends a bit on why you are buying gold coins. Proof coins are more expensive because they are intended as collectibles. The regular "business strike" coins are intended primarily as bullion.
      If you are buying bullion and don't care about the collectible aspect, most coin dealers will sell you Krugerrands, Canadian Maple Leafs, or US Eagles, all of which contain one Troy ounce of gold and sell for slightly more than the gold spot price.
      Here is one major bullion dealer's current price list, to give you an idea of what is available and at what price:
      https://online.kitco.com/bullion/completelist.html

18. QUESTION:
    Can I make a profit from the scrap gold I purchased?
    I purchased 5.3 grams of 14 karat gold from an auction for 124 dollars can I make a profit? Who should I take it to to get the most money?

    • ANSWER:
      14 K gold is only 14/24 or 58.33% pure gold.
      5.3 grams of 14 Karat gold is 3.09 grams of pure gold.
      Spot gold at this moment is 55.70 per troy ounce or .37 per gram.
      Translation: You paid [FAQ-ANSWER].76 less than spot for your gold. No dealer pays that much for scrap gold. The best a coin dealer will pay is about 90% of spot. Jewelers pay somewhat less. Pawn shops pay quite a bit less. Don't even bother with the "sell gold through the mail" places, which are generally the worst.

      You paid too much to make an immediate profit. You will have to sit on it for a while and hope gold goes up more. Sorry.

19. QUESTION:
    in dubai if i go for gold shopping, does the gold shops accept international credit cards?
    1. does shops have any limit to which they accept credit cards for gold shopping
    2. if an indian passport holder travels from south africa to india via dubai?
    what is the limit of gold purchase per person?

    • ANSWER:
      Yes they accept all major credit cards.
      You can take gold if you are wearing it on you as much as you want but dont get too obvious. You can only take Rs 30,000 worth of gold if packed in your suitcase.
      But if you declare it you can take any amounts of gold .

20. QUESTION:
    I need to purchase gold coin in Chennai, pls advise me?
    Hi I am planning to purchase pure 24 ct certified gold coin in Chennai, can any suggest which is the best seller and also pls tell me whether it is the right time to buy gold or shall I wait for sometimes for the prices to fall?

    • ANSWER:
      mmm i think this is right time to buy gold coin as stocks r going up bit so the gold rates will come down if u wish u can wait. u can buy the coins in any banks or jewellery shops like lalitha, fathima, GRT etc.

21. QUESTION:
    Is it illegal to associate with somebody who has bought illegal WoW gold?
    Some guy on WoW is offering my friend 39,000 gold if he helps him quest and queue to level 80. However, the guy admitted that he purchases the gold from 3rd party websites. I understand it is illegal to buy gold, but is it illegal to unknowingly (or knowingly) accept gold from someone who buys it? Please post some concrete details from the terms of service if you find it, for I have read it through and through and have found nothing of that ban.

    • ANSWER:
      Blizz doesn't advertise the letter of their bannable offenses. If they did, people would skirt around them. This way, they have more freedom for common sense, but this also means that there is no 100% answer to your question.
      The first thing you need to know is that Blizzard tracks and investigates all transactions over 5k g.
      Have you ever frequented the customer service forums or the welcome to wow forums? Look at posts where people are asking why they got banned. Below are a couple examples of posts that deal with that. The first post, someone gained money from GDKP runs and got banned, and in the latter links many commentors say they've been banned for just accidentally buying items from a gold seller, not to mention knowingly taking some.. You can find hundreds of more examples by searching "Why was I banned???" or something similar.
      You certainly wouldn't catch me risking it.

22. QUESTION:
    How would I go about purchasing gold bullion?
    I have ,000 or so to invest and would like to in vest in gold bullion. But am unsure how to. I live in Florida if thats any help. Thank you so much

    Brandon

    • ANSWER:
      Brandon,
      Its actually really easy. Ive been buying precious metals online for the last 15 years. Basically you have to evaluate the reason why your are looking to invest and that will help decide what kind of gold to buy. I like bullion coins and not numismatic coins because their value is based solely on its metal content which is easier for me to understand vs. collectible value. I like American Gold Eagles because everyone wants them and they seem to be the easiest to get rid of when I sell. I would steer away from South African Kruger-Rands because they are a bit hard to get rid of. Ive done business with just about every online bullion dealer out there, but the best one is ProvidentMetals.com. They have the least expensive coins and bars, and the fastest shipping. I also really like the fact that, with them, I don't have to place my order online, I can just call them. Their number is 877-429-8790. Ask for Jeremy. Hes really helpful.
      You'll have to write back and tell me how your first purchase went. Good luck!

23. QUESTION:
    What is a reliable WoW gold purchasing website?
    anybody know reliable? safe gold purchasing websites for world of warcraft?
    you gunna cry rusty?

    • ANSWER:
      2 things wrong with this.

      A: Wow gold purchasing is both illegal, and will get your account banned if you're caught.

      B: Any and all gold selling websites are scams. The ones that don't ask for your username or pass will ask for your character name and server. Once they find those out, they report you for wanting to buy gold. Which gets your account banned.

      In short, none. Because you can't buy any.

24. QUESTION:
    Where to purchase gold and silver coins?
    I would like to buy some gold and silver coins to use as barter in the case of economic collapse. (US) If the collapse never happens, which I pray it doesn't, I wound just pass them on to my children. Can anyone recommend a reputable seller of these coins? And also one that will sell me the amount I want to buy and not the amount they want to sell?
    Thanks!

    • ANSWER:
      I've been trading silver through Apmex for several years. They give the current quote and mark it up a little. And they deliver right to your front door.

      http://apmex.com/

      I gave away 5 oz bars/coins of silver at Christmas two years ago to family members, and last Christmas they were almost double the price. The gift that keeps on giving.

      Oh, another good site:
      http://www.kitco.com/

      You instinctively already know that holding a paper ETF is not the same as holding physical gold. Until the Flash Crash a couple of weeks ago, nobody realized that ETF's could freeze up and lock you out of trading or redeeming the underlying. If one of the reasons you're buying gold is to protect against a crash in the system, then that very reason may be why you're left holding the bag (paper ETF instead of physical gold) in the event of a crash.

      Read this article how GLD/SLV ETF's may not be redeemable:
      http://www.gamingthemarket.com/financial-armageddon-zombies.html

25. QUESTION:
    How can i purchase e-GOLD using my CREDIT CARD?
    I want to deposit my money on an on-line depository and do on-line transactions. The depository requires its clients to purchase e-GOLD. But my cash deposit is in a CREDIT CARD. How can i purchase e-GOLD through my CREDIT CARD?

    • ANSWER:
      In a word - don't.
      If I understand correctly, you want to use your credit card at xx% interest to invest in a very volatile commodity, precious metals.
      It may look lucrative now, but take an average gold mutual fund, FSAGX. From '04, it's returns have been respectively -9.8%, 40.7%, 25.4%, 24.9% and -2.5% to date. That's a 15.74% return over 5 years. Once you back out your credit card interest, what's left?

26. QUESTION:
    What is the safest site to purchase World of Warcaft gold from?
    I want to purchase some gold, but I don't want to be hacked, or banned. Any one have a suggestion? (Personal experience would be nice)

    • ANSWER:
      personal experience, swagvault, very good and always legit, i know loads off people who shop there and i have done 6 or 7 times

      lol, mark my comment down all you like, pay 5 quid for one off the blizzard authorization code keychains... trust me, ive used the site 6 or 7 times and have never been hacked, none off the people i know who use it has ever been hacked.. you say, ITS NEVER SAFE!!! then i assume you must have bought gold and have bad experiences? if not then stfu and find a decent site before you go being a twat... anyways buddy, if you dont wanna farm, if you dont wanna quest then this site is probably your best option.. either way, if you were to be hacked, lets say you were okay? you can call blizzard up, and have your account back within a day with the right information, by that meaning most off your basic information and the codes on the back off the wow game boxes...

      I have never been hacked, i have played for 5 years and i have used that site whenever i needed money. good luck buddy

27. QUESTION:
    Is it possible to get a loan from the bank or other financing institution to purchase a gold mine?
    I am interested in purchasing a gold mine for only ,000 and would like to know if I can get a bank loan or loan from a financing company to buy the mine? If I can get a loan, what banks or companies do I go to get the loan? What companies supply this type of loan?

    • ANSWER:
      These days, it is almost impossible to stay out of debt; outside pressures from family or work can sometimes be the cause. All is not lost if you have acquired a bad credit score; there are many online bad credit loan lenders to help. Money provided to a person experiencing financial hardship is no different to any other type of loan and can be used by the applicant in the same way.

      http://www.worldbestloans.com/

      There are other reasons bad credit loans may be required such as for domestic emergencies, unforeseen circumstances or for consolidating previous debts. It is not uncommon for a person to arrange a loan just so they can repair their damaged credit history. They may not require the money for any specific situation.

28. QUESTION:
    What is the cost of acquisition to be taken for the ancestoral gold purchase in 1962 ?

    • ANSWER:
      IN YEAR 1974 IT WAS rs.200/- per TOLA
      IN YEAR 1970 IT was RS. 125/-
      IN YEAR 1962- IT WAS 75/-

29. QUESTION:
    i have purchased gold 1 month membership but cant get online. message says the current profile is not allowed?
    i have purchased gold 1 month membership but cant get online. message says the current profile is not allowed to play on xbox live. any ideas?

    • ANSWER:

30. QUESTION:
    Is it lucrative to purchase gold [yellow metal] by EMI methods introduced in the market?
    prince jewellers and other have introduced various plans to purchase gold at any time in low market rate i.e by paying only minimum amount and rest in installments for period upto 24 months can v trust these gold institutions

    • ANSWER:
      Whichever way you buy something, in order for it to be profitable its value must move in the way you predict. Who are EMI and who is buying or selling to whom? Are they making money on the financing method?

31. QUESTION:
    How do runescape gold sites make the trade?
    I am wondering how "Runescape Gold Sellers" on the internet make the trade. They obviously can't drop trade items so how do runescape gold sellers trade the purchased gold/item(s) to buyers runescape account. I am not planning on buying any but i am just curious.

    • ANSWER:
      Correct Answer: They Can't.

      Prevously, before the trade limit, you could pay 5 dollars for 1 million gp. With the intorduction of the Trade limit, though, this entire business has died. There are no ways to transfer that amount of Gold with Jagex noticing.

      BTW: Today, the trade limit was raised to 5k (previously 3k) and also, Non-members who have 32 Quest Points can now Trade 10k.

32. QUESTION:
    How can i dip crochet pieces in silver or gold?and where can i purchase liquid gold and silver?
    my daughter is getting married soon and i want to make her crochet jewellry from thread then dip it in silver so it becomes a keepsake, i would appreciate your help and instructions to do so also i am not sure where i can purchase liquid silver and gold . thanks in advance for your assistance, sincerely "crafaddict"

    • ANSWER:
      Here's a lady who uses clear embossing powder on tatted items. It's possible you'd be able to do something similar with gold or silver embossing powder. Here's the link.
      http://www.paradisetreasures.com/emboss.html

33. QUESTION:
    I have a stupid question about purchasing gold?
    If I buy gold, who can I sell it to should the economy collapse and no one has any money? And what if gold starts dropping in price after a collapse of the dollar? Probably a dumb question i know but who would buy my gold should I need to sell it to survive?

    • ANSWER:
      Wow, you are thinking too much about this. Gold is at an all time high and you should not buy into the bubble. Doomsday scenarios are not terribly likely. Banks aren't just going to start defaulting on everything and there will always be rich people out there, don't you worry...

      I would say even though inflation is predicted for the near term, you would be better off with cash...gold is likely to go down eventually.

34. QUESTION:
    What is the smartest way to invest in gold?
    I would like to diversify my financial portfolio by purchasing gold (actual ingots, bars, coins, etc.) What is a good vehicle to accomplish this. I would like to avoid extremely high markup and fees in the transaction to maximize my investment. Advice form people who have invested in gold would be most appreciated.

    • ANSWER:
      Gold bullion, if you want to hold gold in the physical format, or you can invest in ETFs (exchange traded funds) that trade in gold instruments.

      Remember that gold is a natural hedge against inflation and has a proportionate relation to crude oil prices.

      http://docs.google.com/fileview?id=0B-gCcNyPzYmcZTY4YWY0NGYtMTRjNS00ZDM2LWE4NzMtYTA3MmZlOWVjN2E3&hl=en

35. QUESTION:
    Where to find gold for the general price listed in the stock market?
    I wanted to know where I could purchase gold bars in grains and grams? I have found places that sell gold at almost triple the general stock value. I wanted to buy it at the general stock market value. Thank you for you help.

    • ANSWER:
      Do you want real gold or the stock price? Gold is a commodity and is traded on the commodity market. If you hold onto the contract at the end of the expiration date, you will be sent the gold at face value. If you want to play gold through the stock exchange, the ticker is GLD which is a commodity ETF.

36. QUESTION:
    Does anyone know of any good trusted sites to buy gold coins or gold bars?
    I am currently looking to invest in gold. I am looking for a trusted site that I can purchase the gold from. I recently found a site that sells gold for cheap, but am a little wary of purchasing from them. And would like to know if anyone had purchased gold recently or in the past and has a site that they would recommend and that they trust.

    Thanks in advance.

    • ANSWER:
      www.usmint.gov
      www.monex.com
      www.bulliondirect.com
      www.bullion.nwtmint.com

37. QUESTION:
    Why were Swiss banks forced to pay .65 billion in 1997 due to reports of acceptance of gold looted by Nazis?
    Under the Washington Accord of 1946, Switzerland agreed to pay a lump sum of 250 million francs for their acceptance of (arguably) unjust purchases of gold from Germany during WWII. So why did they have to pay another .65 billion later after the conflict had already been settled?

    • ANSWER:
      The payment you mention was made for 'unjust purchases of gold from Germany'.
      The recent payment was for the gold that Jewish people had put into the vaults of Swiss banks, before they were killed in the death camps. The Swiss banks kept that gold to themselves, since they were in 'numbered' accounts, they claimed that they could not identify the owners and since the owners could not claim anymore, it was a form of robbery.
      Sorry, I simplified this a little.

38. QUESTION:
    How do you know a gold coin is athentic?
    I am interested in purchasing gold coins. However, how do you know (without destroying the coin) if it is just gold plated with lead inside, or it's just a good fake Chinese imitation.

    • ANSWER:
      Buy from an established dealer, or have it appraised before paying.

39. QUESTION:
    For physical gold purchasing, where in the world has the lowest price?
    Like Dubai, Hong Kong or in the US?

    • ANSWER:
      dubai is best for gold (not gold jewellery) purchasing.

40. QUESTION:
    How can I import gold from another country?
    I want to use my money to purchase gold and have it transported and cleared through customs to the USA. What company can do this? I have tried DHL, and Fedex. I am not looking for ways to do it. I am looking for a company that can do this for my business.

    • ANSWER:
      Obtain gold bars in a foreign market not currently under United States government sanctions and that have their country of origin clearly stamped. Cuba, Iran, Myanmar and Sudan all are subject to import restrictions in the United States.
      Obtain official documentation from the exporting country that indicates the gold's country of origin and the exporting government's approval for the movement.
      Present all documentation regarding origination and export approval to Department of Homeland Security officials at the border crossing. Be sure to declare that the gold is being imported, specify the country of origin and exporting nation, and allow the customs officers to inspect the gold bars.
      Arrange for secure transportation of gold bars to a secure storage location. Gold is a valuable and portable commodity and is a prime target for theft.

41. QUESTION:
    Is it possible to travel to Mali to mine gold?
    I am interested in traveling to Mali for a historical/pleasure trip, but I was also wondering if it was possible to "mine" gold there, and the gold-buying opportunities Mali provides. My questions:

    Is it possible to visit local gold fields and personally dig or pan for gold?
    Is it possible to travel to markets and purchase gold in bulk or in jewelry? If so, what are the prices?

    Any other travel information on Mali would be greatly appreciated.

    • ANSWER:
      The Mali Empire in Africa was famed throughout the old world for its large amounts of gold. Mansa Musa, ruler of the empire (1312–1337) became famous throughout the old world for his great hajj to Mecca in 1324. When he passed through Cairo in July 1324, he was reportedly accompanied by a camel train that included thousands of people and nearly a hundred camels. He gave away so much gold that it depressed the price in Egypt for over a decade.

      other countries that have gold are South Africa and Congo,

42. QUESTION:
    How/where does one purchase gold as its listed in the commodities ?
    I'm thinking of ditching my IRA because of .... you know. I would like to know how to get "troy ounce" of gold with what I have left. Any help is appreciated.

    • ANSWER:
      There is an Exchange Traded Fund that represents the gold commodity. It is under the ticker GLD - and reflects the price of the underlying gold. It trades like a regular stock and you can buy it in your IRA

43. QUESTION:
    When the economy falls deeper into a depression, will gold bar vending machines be implemented in the UK?
    Or will I have to purchase gold from eBay, at extorted prices, with the additional P&P?

    This has been done in Germany.

    • ANSWER:
      I highly doubt it. The logistics of guarding the machine would outweigh the economic benefits of the vending machine business model. Vending machines only make money if you can cheaply restock and have 1-2 people service 100-200 machines at a time. It seems like a gold machine would incur too much risk and require more frequent visits by an attendant to resupply and empty the cash drawer....driving up the overhead.

      Besides...why wouldn't you want to buy your gold bullion directly from a reputable dealer? In the U.S. we can order gold, silver, platinum bullion online from several different websites. Which is much more convenient that having to go to a vending machine. Do you have something similar to U.S. Bullion Exchange in the U.K.? http://www.usbullionexchange.com/

44. QUESTION:
    How to spend the moneies of my account e-gold?
    Hello, they are an Italian boy. I would want of the councils on as being able to spend the moneies that online have credited me on my account e-gold for small purchases. There are situated that they accept these payments for computer science articles? Thanks many

    • ANSWER:
      I don`t really understand what you asking about but i think you can exchange you e-gold into real money. Just read the instruction and follow it correctly.

45. QUESTION:
    What points we must keep in mind while selling or buying gold?
    I want to know that what points we must consider while selling or purchasing gold,and when it would be profitable to do so.Please tell me the best way to proceed further.

    • ANSWER:
      only one thing is sufficient is it worth

46. QUESTION:
    How do I invest in Gold, like simple investments of 1 or 2 ounces? What scams should I be awre of with this?
    What is the format, whom to purchase gold ounce ect. I am extremely new at investing but I do keep my eye on the various markets.

    • ANSWER:
      If you have to ask for gold investment advice on Yahoo Answers
      then this is not the field for you.
      Do your due diligence elsewhere before you get into a risky speculative field like gold.
      You do realize that you can lose money as well as make it.

      1 Gold (oz.) = 634.960 US Dollar Monday, July 31, 2006

      PS: Do NOT get involved with egold as suggested in a post below.
      They are only used by online scams who can't use PayPal, etc
      e-gold Ltd. Is a Nevis, West Indies company that is protected by being offshore and if and when they go south there will be nothing you can do about getting your money back.

47. QUESTION:
    How to find the people through online who need to purchase gold or silver?
    I need to find out the these type of people. Please give me some ideas. It's urgent.
    I have mentionable budget for advertisement.

    • ANSWER:
      You need to have an advertising budget....
      can u dig it?

48. QUESTION:
    What is Hallmark Symbol for 24 Carat Gold?
    I want to know about my gold question. I wanna purchase gold in next few days. So, What is the numerical marking for 22 carat and 24 carat gold? I will appreciate your answer if you provide details with links, so that I can easily understand it.
    I am from India, so kindly share your answers according to my country.

    • ANSWER:
      22 carat gold is 0.917 fine, or 91.7% pure gold, with the rest being copper, silver or other metals to make it more wear resistant. 24 carat gold on the other hand is usually 0.999 fine or virtually 100% pure gold and is actually a relatively soft metal. Here, that should help further:

      http://en.wikipedia.org/wiki/Carat_(purity)

      http://www.azom.com/article.aspx?ArticleID=2430

49. QUESTION:
    where can I buy gold nuggets ot 1 or 2 gram bars for resale on ebay?
    Where or who from can I purchase gold nuggets, or gram bars for resale?What company or person is reputable and have a good reputation?

    • ANSWER:
      BRASIL

50. QUESTION:
    What should i do- recently purchased gold bar?
    I purchased a gold bar as seen on the website below as an investment on my dad’s credit card. (we can afford it)- will the price of gold rise or fall?
    https://www.bullionbypost.co.uk/gold-bars/1-kg-fine-gold-bar/
    by the way there are two of them. Where would i get the best price

    • ANSWER:
      Sell it as soon as you can. There isn't even a slim chance that gold prices will rise at anywhere NEAR the annual interest rate the card will charge, so you are already bound to lose money...worse yet, the price of gold may well drop rapidly sometime soon as the "crisis" seems to have passed in most markets...

      JMHO!