How Can I Buy Gold

Frequently Asked Questions

1. QUESTION:
   How can you buy gold bullion from the US government at the spot price?
   Is there a way to buy in large enough volume so that you can go straight to the US mint to buy gold coins and avoid paying a dealer mark up percentage?
   Do I need a license? Do I have not chance?
   I am looking for physical gold that I can hold like a 1 oz coin. Or a gold bar like on the movies.

   • ANSWER:
     You are confused.

     The United States of America DOES NOT SELL Gold at the spot price.

     The United States of America BUYS GOLD at the spot price and then RESELLS IT as a COIN for a far larger price.

     For this reason nobody buys Gold Coins anymore as investments and they are only bought by coin collectors.

     If you want to invest in gold then just open a brokerage account at TD Ameritrade or E*Trade and buy IAU or GLD.

2. QUESTION:
   how do you buy gold or platinum as a stock or through bank as an investment?
   I am interested in buying precious metals like gold, silver or platinum as an investment, like stocks or bank issued papers, but dont want to physically buy them. Can you suggest me a way to do that?

   • ANSWER:
     You can buy gold as a stock with the ticker GLD. One share equals 1/10 ounce. For platinum it is PTM. You could buy a company that mines platinum. Impala Platinum is one. It is down about 50% from a year ago.

3. QUESTION:
   how can I buy 24 carat gold bullion at market prices in Australia for investment purposes?
   I want to buy gold for investment (gold ingots or bullion) at market price in Australia, Melbourne, does anyone know where I should go? Thanks.

   • ANSWER:
     You can't...because the MARKET price is NOT what you will buy it for...the dealers have to make a profit so they add on a percentage over market, or service or handling charge.
     So you will NEVER buy it for the market price.
     And if you go to sell it BACK, they will only pay you a percentage of market price....at least 25% or more LESS than the market price. So they can make a better profit selling it to someone else! They might call it an 'assaying charge' (they will say they have to test it to prove the gold content, etc.)
     I have owned a jewelry store for 30+ years, and had friends invest in bullion and raw stock against my advice...because they thought they could make a good profit. Never happened...gold would have to almost DOUBLE in price from what you buy it for to make a profit selling it.
     I had the chance to stock up on gold when it was only an ounce...stupid me...I didn't think it would change much. It is almost 00 an ounce now...I could have made a fortune if I had even spent only 00 back then and stuck it in a safe!

4. QUESTION:
   How to buy gold for investment purposes in the US?
   Is it better to buy bullion bars or gold coins? Can I buy from a reputable bank or the government instead of from a private dealer?

   • ANSWER:
     Central Fund of Canada (listed on the American Stock Exchange, symbol is CEF) holds nothing but gold & silver bullion so you get exposure to the phnysical element, and you don't have to worry about storage/delivery/insurance.
     One poster on another web site said he was told to only buy bars from Englehard and Johnson Matthey. They are the most recognized brokers. Other web sites: www.bulliondirect.com www.tulving.com www.kitgo.com
     www.gold-eagle.com (this is not a recommendation for any of these sites, I do not use them, nor do I buy gold, I pan for it while on vacation.)

5. QUESTION:
   Where is the best place to buy actual gold as an investment?
   Please, don't contact me if you're trying to sell it to me; I want to speak to people who have acutally bought gold. Also, I don't want gold certificates; they can be devalued at any time by the government if they so choose to. I want to know where and how to buy actual gold to keep in my possession but as an investment.

   • ANSWER:
     Dealers sell gold bullion bars in various weights from 1 ounce to 100 ounces or larger. You can also buy gold coins such as the American Eagle through dealers, brokerages and some banks. The U.S. Mint has a list of authorized dealers. You'll pay a commission or premium, and most dealers have purchase minimums. Be sure to study the differences between bullion gold coins, which are valued according to the market price for an ounce of gold, versus coins that have a collector's value.

     Exchange-traded funds
     Gold can carry concerns about authenticity and purity, as well as storage and insurance costs. But you can shed those worries and still own a chunk of gold by investing in exchange-traded funds that make buying and selling gold bullion as easy as buying and selling stocks.

     The share price of streetTRACKS Gold Shares (symbol: GLD) roughly tracks the price of gold and represents an investment in gold bullion. In effect you get to own gold without the hassle of storing and insuring.

     With GLD, each share is priced at about one-tenth the price of gold bullion. So if gold goes to 0 an ounce, then the price of a share should be about .

6. QUESTION:
   How can I buy gold without getting caught?
   Ok now the game have achievement points how can I buy a few thousand gold without getting caught? Also are there any bot for the game I really want to be able to level to 60 or 70 before wotlk come out in November 13.

   • ANSWER:
     best way would be to buy a new account and get the gold sent there then trade the gold over to your char they cant trace gold being traded. but i dont advise buying gold on the chance that you do get caught all that time spent leveling will be wasted.

7. QUESTION:
   How much did it cost to buy Runescape gold?
   I remember i used to play Runescape and people use to buy gold from sites like gold4rs. I remember it use to be something like [FAQ-QUESTION].50/million. Is that true? So when the Runescape Referendum actually goes through, i can buy like 100 million or something :]

   • ANSWER:
     Meh,if i was you i wouldn't waste money on buying gold.I bought this runescape guide recently,and,man it is great.Its updated regulary
     Check it out

     http://tinyurl.com/ultimaterunescapeguide

8. QUESTION:
   How to buy gold for investment in US?
   I see a number of 'bullion' companies but the charges are way above the spot rate. If someone were to buy couple of 100 grams of physical gold for investment, how can one do that without paying too much premium?

   I know there are some Exchange Traded Funds too that track the price of gold, but off late commodity tracking funds have come under lot of fire.

   Any ideas?

   • ANSWER:
     Go to a local coin dealer. He or she will probably have anything you want at a reasonable premium to spot.

9. QUESTION:
   How to Buy Runescape Gold Now After The Update?
   Before the update, I have bought runescape gold multiple times and have received the gold every time i bought it. I want to know if you can still buy gold, and how the gold gets to you now. I've heard people talking in-game about how they can still do it somehow, but they didn't go into specifics because they said they'd get banned if they told us. I just need to know how you get the gold in-game. Thanks.

   • ANSWER:
     Against the rules, yes, but I've done my share Real World Trading... and since the update, I've been thinking about how to buy more cash online... and I think I may have a solution. The answer? That one thing that apparently EVERYBODY just HATES... Bounty Hunter! It's actually quite simple, really. You find someone who sells gold online who is the lowest level in one of the three ranges that you are in. You both keep going in and out of the area until one of you have the other as a target... you fight, and the one with the money does not attack back! Simple, right? I don't know if that would work or who would help... but there's my idea! I hope it works! Good luck!

10. QUESTION:
    How come Thom Hartmann and Randie Rhoades can encourage people to buy gold and arent berated for it?
    Beck has Goldline as a major advertiser because some racist group accused him of racism. Why isnt the left decrying their beloved Air America hosts the same thing??

    I listen to both sides and both sides are saying, BUY GOLD NOW

    • ANSWER:
      Beck is a watered down version of Alex Jones.

11. QUESTION:
    Where can I buy gold and silver bars, coins and bullions?
    Exactly, what is a bullion? Is it like a coin?

    I was wondering where online I can buy gold and silver bars and coins. Would I physically owned them? Or would they sit on a vault somewhere?

    Also, how can I make sure that the gold or silver I buy is real and not fake?

    Thanks.

    • ANSWER:
      When someone speaks of gold bullion they are reffering to the actual pure metal. Depending on the country, gold, when used in coins and jewelry has variable purity. But bullion is as pure gold as you can get. For instance, you cannot buy 24K gold in jewerly in the USA (only 18K I believe) but you can in Europe.

      First you should ask yourself whether you want to buy physical gold and silver. Here are the drawbacks. You will pay a spread or increased price when you buy and you will have to sell at a discount when you sell. There are so many places to buy coins and bullion from but you will have to pay on average 5-10% to buy and sell each way. That is not good. And yes some places will store it in a vault for you for an additional fee.

      You could also buy gold ETFs (GLD ticker). These are funds that sell at 1/10 the trading price of gold. They have ones for silver too. ETFs (Exchange Traded Funds) buy the actual gold (or silver) and store it in a vault. The great hing is you can buy and sell each day so your investment is liquid. If you have physical gold or silver it is not as liquid. Also, these metals are very volatile and are best traded--I buy when they sell off and sell when they have a big rally. But it's not that simple. And if you really aren't an experienced trader, you shouldn't try to compete with professionals.

      I would not buy gold or silver from eBay because they really do a bad job of policing fake merchandise and are actaully being sued by Tiffany's (maybe other venders) for allowing fakes to be sold. And you can't count on their guarantees of product authenticity. I have been screwed by eBay.

      Before deciding what, how much and when you buy gold and silver you should have a good idea about investments and the economy. The best book I have read that explains things like no other is "America's Financial Apocalypse." You should probably get the Condensed edition. The last chapter is all about investments. Good luck mate!

12. QUESTION:
    If the dollar is not under a gold standard, how come we can still buy gold?
    I never understood that. Does that mean we can buy gold from anyone else but the Central bank? Why do they care about gold, if people prefer to carry paper money instead of gold in their pockets? Do they fear that people may sell them if they did not have them in their vaults?

    • ANSWER:
      Under the gold standard there was a fixed link between an ounce of gold and a dollar. Now there's no link, so the price of gold varies according to supply and demand, and with the fortunes of the dollar in the international exchange markets.

      As an analogy, suppose there was a fixed link between the price of bread and the price of butter. If the demand for butter went up, so would its price, and that would pull up the price of bread even though demand for it might not have changed.

      But in the real world bread and butter are not linked, and their prices can vary independently.

13. QUESTION:
    How can I buy gold jwellery ?
    I want to buy some 22 Karot gold jwellery in Canada. What is the current gram rate and making charges .What is wastage ? Please advice .

    • ANSWER:
      Just go to a reputed jewelry store.
      It is safe there. In the US there are many Indian Jewelry stores. So just go to a local Indian Grocery store, they will guide you.
      Do not worry about wastage and all there.

      Happy DhanTeras.And * Diwali!

14. QUESTION:
    Is it batter to invest in stocks or buy gold?
    I don't have very much time to think about how to invest my money and I was wondering if stocks really make profit or should I buy gold and platinum.Can somebody tell me what to choose?

    • ANSWER:
      Stocks by far.

15. QUESTION:
    What's a fast, legit website to buy guild wars gold and items from?
    So yeah, just need to find a site that I can buy guild wars ectos and gold from at average pricing. Please don't give me crap about how buying gold is cheating, I just want a good site to buy it from. Thanks

    • ANSWER:
      You aren't going to find one. Anet recently banned 3,700 accounts for botting, match manipulation, and gold buying/selling. In addition, you aren't going to *ever* find a "legit" one, because *all* of them break the EULA. If you know buying gold is cheating, why ask for "legit"?

      BTW- if you took the time to learn, you could get a lot more gold and ecto, in the same amount of time you would take to find a site and buy it.

16. QUESTION:
    How or where can I buy Gold and Gold Stocks?
    What website or place do I go to to buy ounces of gold?

    • ANSWER:
      The cheapest way to buy gold is with the exchange traded fund GLD. One share is 1/10 ounce of gold. There are quite a few gold stocks that you can buy. The largest company is ABX. That is the ticker. Others are NEM, GG, UXG. There are also mutual funds that invest in gold and silver mining companies. Fidelity Canada fund hold some gold stocks. Ticker FICDX. Select Gold Portfolio is all gold mining stocks I think. Ticker FSAGX. There are several gold mining index funds also. GDX is one. PSAU another.

      You must open a broker account to buy any of these. Scottrade is an inexpensive on line broker.

17. QUESTION:
    How can an individual buy gold but not the gold on paper?
    My investments have lost so much value that I am thinking of investing in gold instead. But I want tangible gold that I can have in my possession. I don't want a certificate or something like that.
    My investment manager charges my account 1% fee for their services and my account lost 10% total value in one quarter. Seems high risk to me. I agree I need to become more informed, who has time?

    • ANSWER:
      Your answer is two fold.

      1. To buy gold, the best place is probably eBay. Or a coinshop near you, shop to compare.

      2. You should do more research before deciding whether gold or silver is better for you. It worked for me, but I was very careful what I knew and what risks I'm willing to take. So read more before jumping into another pool.

18. QUESTION:
    How do you buy gold and / or gold coins?
    Hello,

    I am very interested in investing in natural resources, specifically gold. However, I do not know how to go about purchasing gold and / or gold coins. Everything I come across seems like a scam and I can't seem to decipher what is real and what is fraudulent.

    Can someone please tell me how I can buy gold coins?

    Thank you!

    • ANSWER:
      FOR ONE, go to websites that sell gold products Kitco.com
      Ampex.com Monex.com etc. You do need a credit card.

      make an account ( usually free) and place an order.

      physical gold is sold in bars and coins and each product has a certain concentration of gold for instance 1oz or 1 gram ( or more).

      Wait of your stuff to arrive.

      These days, its much harder to have someone to buy from. All the gold dealers have gone into hiding it seems. Cant blame them.

19. QUESTION:
    Where I can buy gold bar in Sydney and how it works?
    Hey guy!! Do u know how can I buy gold bar in Sydney and how it works. Thanks you for answer.

    • ANSWER:
      Sydney is a fair sized town, it must be possible. Look up Coin dealers in the local yellow pages. If they don't sell them, they will know where they are sold.

      Current spot price is 8US = 1.80AU

      The spot price of gold and the exchange rate are both subject to change without notice. A dealer will charge you slightly more than current spot price for gold bars.

      You can follow gold prices online:

      http://www.kitco.com

20. QUESTION:
    Where can I buy gold bullion or coins?
    I'd rather not keep money in the bank. So I'd like to convert it to Gold so its easier to hold on to and Im less likely to spend it. So where can I buy some gold bars or coins, and how do I know if Im getting a fair deal?

    • ANSWER:
      http://www.bulliondirect.com

      http://www.monex.com

      http://www.usmint.gov

21. QUESTION:
    How can people buy Gold bars for cheaper than market price?
    I've noticed places like Ebay selling gold bars at prices than less than what they sell for on the regular market, and I know that they're not selling them at a loss. Where could they be getting this gold from.

    • ANSWER:
      Ebay has become a haven for scammers and rip off artists .Especially the higher priced items. Ebay works as an auction as you know most auctions start off below the price they expect to get. This gets the parties interested in the thought they could own the items. Then the price goes up. Gold has tons of buyers on Ebay. If an auction interests you watch it. If they sell a lot of that item just see where it goes. Then see the feedbacks. Some of those can be part of a scam. It isn't too hard to see the legit sellers. Deals on ebay in gold are infrequent but they do happen. Just be careful. Never buy from someone with less than a 97 rating.

22. QUESTION:
    How can I buy and sell gold?
    I have an opportunity to sell gold to a refinery. What is a good way to buy gold in the USA so I could resell it?

    • ANSWER:
      Gold bullion is most often used as a hedge as it is the gold itself which retains value thus making gold equity useless in terms of asset protection. You can either buy bullion in the form of marked bars or gold coins. coins are usually easier to move about and liquidate both due to their smaller size as well as the fact that they are clearly marked. For this very reason it is suggested that if you decide to purchase gold bars you should only purchase clearly marked ones because there have been many cases in which the bar was only made up of a gold crust and the rest was a different type of metal with a comparable weight to volume ratio as that of gold.

      we live in an imperfect world where scammers try to wring out your last drop of blood you will have to be watchful when determining where to buy gold. Of course, the best places to buy gold are dealers with a stellar status and trademark, who can also be found online. The Internet gives you the benefit of being able to get recommendations from previous clients easily which will help you conclude whether or not the vendor is reliable.

23. QUESTION:
    how can i buy gold and silver in canada?
    I dont want a piece of paper or internet reciept. I want to buy an accual gold or silver bar containg several ounces of certified product.

    • ANSWER:
      Go to your local pawn shops. The one I worked at got in 10 ounce silver bars every now and then. We sold them at spot value which is the current worth of the item. Finding a gold bar would be pretty dang hard your better bet is to buy krugerrands which is a 1 ounce gold coin. There are also other gold coins out there.

      Check out http://www.monex.com/liveprices for current metal prices. Look below for an explantion of how to get the per gram price of something if you need to.

      You have to do a bit of math here. (current gold price) / (ounce) x (14k purity) = (spot price per gram) so that goes like this 1363 / 31.103 x .585 = .63 If you want to do silver then replace the current gold price with silvers current price and replace the purity with .925 for most things, but a silver bar would be .999 purity.

24. QUESTION:
    Does anybody know how I can buy gold foil seals for my business?
    It is necessary for me to buy a lot of seals for my business . Help me please to decide where to get them.

    • ANSWER:
      I recommend you to go there: http://seerch.com/product/31640/Official-Seal-of-Excellence-Embossed-Self-Adhesive-Gold-Foil-Seals-100-Pack . There's a big variety of gold foil seals.

25. QUESTION:
    Where to buy and sell gold bars/ coins in Delhi?
    I want to buy gold bars or gold coins in Delhi. Some say that banks are selling it for higher price, so I guess I should opt for jeweller shop. Any idea, which jelweller shop can I trust? Also, how do I know if the gold bar is pure?

    Do I need a PAN card at the time of buying and selling gold bar from jeweley shop?

    Do I need to pay tax if at the time of selling gold bar? What if I got cash from buyer?

    • ANSWER:
      Banks may be offering a higher price but it's safe and prudent to buy gold from banks as the gold is pure and reliable and will certainly give you better returns whether or not you sell them back to bank or in open market... ICICI bank Gold is good.. Go for it

26. QUESTION:
    How I can buy silver or gold in Bend, Oregón?
    In which place I can buy gold or silver?

    • ANSWER:
      Not just in Bend, but everywhere you can go to the local jeweler. I did not say a jewelery store. You need to go to a store that might sell jewelery but make sure that they have a jeweler and actually do repairs and make jewelery right there and not send it out, they can and will sell you amounts that you want or need for larger amounts you may have to order it and pick it up when it comes in.

      Note; It appears that I have answered a question that you asked but I thought that you had intentions of making jewelery and selling the items that you made. Frankly I think that gold and silver can be a very good investment but I would never buy certificates. If I was buying I would buy raw and put it into my safety deposit box, I know that the others would not agree with me but do you remember Enron it was supposed to be one of the best stocks listed and everyone was going to make a million dollars out of it, sorry once bit twice shy

27. QUESTION:
    How can I buy gold bullion?
    Hi, I want to buy 1oz gold bullion and I know there are bunch of sites which sell online. How do I know which one is reliable. Is it possible to buy bullions directly from US gov??. Any advise in this matter is highly appreciated.

    thanks

    • ANSWER:
      First read "Gold Investing - frequently asked questions" at this link: http://www.invest.gold.org/sites/en/faqs/

      Then read "How to Invest in Gold" at this link: http://www.invest.gold.org/sites/en/how_to_invest/

      Specific info on "Coins and Small Bars" is at this link: http://www.invest.gold.org/sites/en/how_to_invest/coins_and_small_bars/ Also, gold coins are different than gold bars/bullion. Coins have extra cost associated with the mining process whereas bars can be made directly at the refinery.

      This is from the world gold council - so some might think there is a bias. However, they also have a strong interest in assuring that people have good experiences when buying/investing in gold. So, I think that the information is well balanced.

28. QUESTION:
    I am going to saudi arabia and i if i buy gold how would i check for authenticity?
    I will be going to ummrah for 7 days and i might buy gold but i dont want to be cheated by gold smith so how can i or what shall i look for when buying gold for genuine gold.

    • ANSWER:
      Rub it on floor if its color gone dull thank its not pure Gold

29. QUESTION:
    how can i buy gold online i mean digital gold and keep it then sell?
    i dont want to trade gold like on forex 'cause i dont like to risk.

    • ANSWER:
      You can buy GLD. It is an index fund that hold your gold for you. You can buy and sell at a moments notice. There is an annual expense with the fund, but it is not exorbitant and certainly less that mark up and mark down on the hard assets.

30. QUESTION:
    What is the sell back value of gold? If you buy gold today at 00.00 an oz, how much can it be sold for?
    I heard on CNBC that the gold bought today will only be able to be sold at 60 to 70% at what ever the price is at that time.

    • ANSWER:
      Most coins dealers I have seen will buy or sell at the same price (current London fix). They make their money off fees. If you buy for 1000 and pay a per oz fee, then you walk around the block, you could probably sell it back for 00, but would have to pay another per oz fee, so it would cost you per oz for the round trip. This is why it's hard for individuals to make money trading physical gold. It has to go up that much just to cover your costs. Some dealers charge more than . That's for standard bullion coins. Unusual bars could be a lot more.

31. 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

32. QUESTION:
    How to buy gold - Gold dollars vs. Gold coins?
    Hello,

    I have an interest in buying gold. However, I am very confused by the different gold coins (american eagle, american buffalo) and the golden dollar. Can someone please breakdown the differences for me?

    Specifically, are the golden dollars, such as the 2002 Golden Dollar (Denver Mint Mark A23) made of gold? Why does an american eagle cost so much?

    Thank you

    • ANSWER:
      American eagle costs more because it symbolizes peace and war for america.

33. QUESTION:
    How to buy GOLD and SILVER?
    I am intrested in buying gold and silver coins and bars. There seem to be different kinds and prices. I am not a coin collector. I am buying them to protect some of my savings. I am new to this. Can explain how to buy and the differences between different coins? What should i buy? All opinions are welcome.
    what about .999 and .900? what does that mean? How do you resell the coins?

    • ANSWER:
      there are indeed different gold coins and bars from various countries around the world. some of the major producers are Australia, China, South Africa, Canada and the United States.

      ideally you would want to buy them from a major dealer in precious metals rather than from a coin shop. i live in NYC, so there is a major dealer here that i visit personally. if you do not have a dealer like that nearby, you may have to rely on the internet. there are a handful of good dealers out there.

      as long as you keep track of the gold and silver prices, you will be able to tell how much you should be paying for an ounce or more without overpaying for anything made more for collectors. for example, i buy 1-ounce gold Krugerrands from South Africa because they are generally the cheapest above the gold price. if the gold price were 0/oz., let's say, i would expect to pay no more than 1% above the gold price plus dealer's premiums and commissions, which would be anywhere from 0-930. if i found a lower price than that, or if i knew someone privately i could offer just 0 to, then i'd do that in a second.

      there are many more gold products that the above countries make, which come in various sizes and fineness, and some are made as commemorative issues for collectors for which often a hefty premium is charged, sometimes double or more of the actual gold price. these would not be good for just protecting your savings.

      the story is similar with silver. i usually buy 1-ounce American Silver Eagles and Canadian Maple Leafs. the ASE's have a face value of US, and the CML's a face value of C. right now that is of little to no practical value, but in case of severe deflation or if everything else vanishes they are guaranteed to be worth at least that much. for these bullion coins i pay the silver price plus - premium per ounce. it seems like a lot, but i expect to get back most of the premium when i sell. i also have 100-ounce silver bars for which i paid only a 25-cent/oz. premium and 10-ounce bars for which i paid a 50-cent/oz. premium, but i find them a little more trouble to handle and store.

      .999 and .900 refers to the purity of the metal. for gold, .999 is 24 karat gold, which is practically pure. anything less than .999 means simply that another metal such as copper is mixed with gold to form an alloy. this is done because pure gold is unusually soft, as metals go, so it is alloyed to make it much harder for handling and transport. there is nothing wrong with having .999 coins, but they do scratch and dent if you throw them around. Krugerrands are 22 karat gold, or about .917 fine. fineness doesn't matter, as long as you know the weight of the gold itself. since my Krugerrands are only .917, each coin weighs more than 1 ounce, exactly 1.0909 ounces, to account for the addition of copper. .999 silver also means that it's pure, but i believe pure silver is harder than pure gold, so you won't find much bullion silver that is alloyed.

34. QUESTION:
    how do you buy gold packs in fifa 11 on ps3? is it on the trade page?
    I looked everywhere, I can't find it, I had 7500 coins for the past 3 days now trying to buy the premium pack, but I just can't seem to know where to buy it from, I looked everywhere on websites and stuff... no luck, someone help me please.

    • ANSWER:
      No it's not on the "Trade" page it is on the "Store" page

35. QUESTION:
    Where can I buy gold as an investment?
    I live in Los Angeles. Can you buy it online? How does this work? Will I actually get a FEDEX shipment with the actual gold? or, will I have to go pick it up somewhere?

    Please be specific and give me names of serious companies you have bought gold from; and give me as many tips as possible.

    I know nothing about how to invest in gold, and I have a few K's that I don't want to keep in the bank anymore.

    Thank you for sharing your knowledge and experience

    • ANSWER:
      The Kitco folks are well established and will ship you gold if you prefer.
      You may pay fees for shipping and insurance. Even if you don't buy from them, their site is interesting reading.

      https://online.kitco.com/bullion/

      Also lookup a coin shop in LA. Some coin shops sell bullion coins, for example, krugerrands. Bullion coins are not rare, they are valued for their precious metal content.

      Grandpa

36. QUESTION:
    How can I buy gold as an investement?
    Are there any websites that i can go to?

    • ANSWER:
      The easiest way is to buy into an ETF that tracks gold. An Electronic Traded Fund is set up such that you get the benefits of owning the asset. The price of the ETF fluctuates with the price of Gold so you can participate in the price appreciation of Gold. The ticker for the etf is GLD, you can read more about it at http://www.streettracksgoldshares.com/

37. QUESTION:
    How can I buy WoW gold?
    Is buying gold for WoW safe or will I have my account deleted? Is there a proven method for buying gold that is legitimate and safe?

    • ANSWER:
      the bottom line is that buying wow gold is not allowed by blizzard. BUT, what they dont know wont hurt them =P! buying wow gold is legit and safe, i would reccommend VCsale.com, if you are truely interested. you will not get cought, they whisper you in game, and tell you to meet them, they trade it to you and its done, if you do get caught it is only a warning the first time usually. dont choose the option to have it mailed in game! blizzard will catch you as they scan the mail for unreasonable or questionable transactions.

38. QUESTION:
    in world of warcraft, how can i buy gold without getting busted?
    i've decided to go with BS and JC and without mining everyone knows its costly.. i've had friends who bought gold and got busted, but i've also known people who got away with it.. so my question is how can i get away with it? and if i do get busted, would it be permanent or just temporary suspension. because if i'm going to get suspended for a week or so and be able to keep the gold, i'm willing to take the risk.

    • ANSWER:
      There is no legal way to buy it. You just have to cross your fingers.

      I would imagine the path to being undetected would be to make sure you don't speak to the seller in game, and pick one that is more careful in sending out the gold you bought. (If they send it in an in-game mail saying "thanks for buying gold from us" you are very likely to get caught.)

      Try to find a site with proper english grammar, and a good website layout (not something that was made in ms word with black background, yellow / red text). Chances are you'll get more secure service.

      As far as I know you can get a permanent suspension for buying gold so I wouldn't recommend it anyhow.

39. QUESTION:
    How can I buy gold from Dubai and sell it in the US. What kind of License do I need to be gold wholesaler.?

    • ANSWER:
      Do a barrel roll!!!!!!!!!!!! LOL

40. QUESTION:
    Where can I buy gold so I can sell it for profit?
    how do I learn about golds value to know if im paying too much ?

    • ANSWER:
      If you have no experience investing.... then any metal, including gold is not something you should do. If you did have experience trading & investing I'd tell you not to put in more than 2% of your entire portfolio into gold.

      Buying the metal or coins is also a major rip off (for most of the dealers you'll see suggested). Yahoo answers can be a dangerous place to find research...... Many of the people here think they know way more than they really do.

41. QUESTION:
    where to buy gold? safest way?can i trust online gold bar sell site?
    can any one pleas let me know where safest way to buy gold?
    and how can i know it's original?

    • ANSWER:

42. QUESTION:
    how can i buy gold online like demate account?
    i am indian.i have demate A/c with IDBI BANK.I don't wish physical delevery.

    • ANSWER:
      open an online account..

43. QUESTION:
    how can a canadian buy gold stocks?
    where.and how? do i need a stock broker or can i do this
    without.

    • ANSWER:
      Open a brokerage account at Zecco.

44. QUESTION:
    Is it a myth that you can buy gold in other countries like Thailand cheap?
    If the value of gold is stable then how can you buy gold cheap in other places. My friend from India tells me that gold is the same price in India as it is in the u.s.a.

    • ANSWER:
      Many countries sell imitation gold bullion. Allegedly, they are intended as novelty items but are often misrepresented. They are usually copper or brass blanks that have been electroplated although a really gold imitation would be a tungsten blank heavily coated with gold or coated with lead then electroplated. Tungsten has virtually the same density as gold but is much harder to work with as it's a hard metal and it has a very high melting point so you need sophisticated equipment to make fake gold bullion with tungsten.

      It should be noted that countries like Thailand and the Philippines are not particularly known for having gold mines or for having mines.

45. QUESTION:
    How can I find a place to buy gold bars. How can I trust them? How should I pay taxes to gold value added?

    • ANSWER:
      Try APMEX.com. I have purchased there in the past and they were honest and provided good service. I think upon sale you owe a capital gain tax on any profit.

46. QUESTION:
    Dose anyone know were i can buy gold for World Of Warcraft for like ?
    I don't care how much i get for the i just want some gold. :]

    • ANSWER:

47. QUESTION:
    How can I buy gold bars and coins? Where are the brokers?

    • ANSWER:
      I buy my Krugerrands from a local coin dealer. You can also buy from the government mint or kitco.

48. QUESTION:
    How Do I Buy Gold....?
    How can I buy gold. I would like to buy gold but not actually physical gold so maybe a certificate. And I don't think gold company stocks cause that's just investing in a mining company. But what are the ways in buying it?

    • ANSWER:
      Buy ticker GLD or IAU.

      Cheap, easy, safe.

      No other option comes close now that these ETF's exist for the small investor.

49. QUESTION:
    How to buy WoW gold.?
    So.. i know its bannable when you buy world of warcraft in game gold.
    But what if you subscribe a new account and buy WoW gold with that one, if you need some gold then send it to your main char or account to use it.
    Or buy with the account on wich you bought the gold on stuff in the AH and send it to your other chars.
    So can you get your main account banned too if you buy gold on another account?

    • ANSWER:
      You get banned.. Don't buy WoW gold.

50. QUESTION:
    Where can you buy gold?
    I'm looking for the type of Gold that are sold in shares, you don't actually have the gold but you own a piece of it. And you don't store it yourself, the place you get it from stores it for you so there's no hassle of security and storage. What type of gold exchange do you call this? And what is the biggest exchange?

    Also how secure is this? Are you guarranteed that share no matter what, even if say something catastrophic happens like all the electronic records get hacked or destroyed?

    I'm not talking about buying coins or bullion you have to store yourself, this is different.

    • ANSWER:
      one of the best means of buying actual gold without taking delivery of it is the Perth Mint Certificate, which is issued by the Perth Mint (and sold through authorized dealers around the world), a sovereign mint owned by the Australian state of Western Australia. in addition to the sovereign guarantee, the mint is insured by Lloyd's of London. Perth Certificates assign you a certain amount of ownership in the gold that is stored at the Mint that can be sold back to the Mint (through the dealer) at current market value, or that can eventually be delivered to you personally anywhere in the world.

      alternatively, you can open a Precious Metals "bank" account at EverBank, as someone else mentioned. you also own actual gold in an EverBank account. EB is a real bank that offers all kinds of non- and more traditional banking services.

      the least secure means of "owning" gold is through an ETF, as others have also already mentioned. i say "own", because you do not actually own gold if you have an ETF, so be very careful about this. there is a certain advantage to owning ETF shares in that the minimums for buying into them are usually very low. what you are buying essentially are shares in the entity that owns the gold, not the gold itself, much like "owning" an apartment in a cooperative building; you do not own actual real estate, but rather a share of the corporation that owns the building. for all practical purposes it is still treated as actual real estate, but the distinction is important, nonetheless.

      shares in a gold ETF are in the form of a debenture, which is basically an unsecured loan. you assume the risk of the ETF issuer. there is a risk, however slight, of corporate incompetence and malfeasance. the gold that the ETF is accounting for may not actually be there; and, should the ETF go bankrupt, you will be left with no greater privilege than that of a general creditor, meaning that you won't get paid anything back until the secured creditors are satisfied, if there is anything left at all. general creditors are at best paid back less than they are owed.