Purchase Gold Bars

Frequently Asked Questions

1. QUESTION:
   Where to purchase GOLD BARS?
   I want to invest some money into gold bars. Where is the safest legit place to purchase these bars from?

   • ANSWER:
     Gold prices are going DOWN, why would you invest in them now? Hold on to your cash or invest in treasury bonds unless you like throwing your money away.

2. QUESTION:
   Can we buy gold bars in the US, and if so where?
   I know that in 1933 FDR stole everyone's gold and replaced it "fiat" federal reserve notes. But what I don't know is if it is legal to purchase gold bars of unlimited quantity today in the US. I know you can buy and own gold bullion coins but what about bars of gold. I have heard many stories about this but I have yet to find any concrete evidence that it is legal to buy and own gold bars in unlimited quantity. I am talking about walking into a place of business putting down money and walking out with physical bars of gold. I don't think you can do that... Am I wrong?

   • ANSWER:
     Executive Order #6102 by Roosevelt prohibiting the ownership of gold was repealed by Congress codified in Public Law 93-373 [1] in 1974, so yes you can own gold bars.

     You can buy bars in weights of 100 oz., 10 oz., 5 oz or 1 oz. You can buy coins in 1oz., 1/2 oz., 1/10 oz. etc. If I were you, I'd stick with the bars as they sell at a premium less than the coins do. For example a 1 oz. Gold American Eagle coin at Kitco costs 6.38 while a 1 oz. gold bar costs 2.60 -- .78 less then the coin.

     There are several places you can buy them. I recommend www.kitco.com. You can also try www.monex.com.

3. QUESTION:
   Is it better to buy gold nuggets or gold bars?
   Is it better to purchase gold nuggets that are cheaper than bars and collect them and divide them into ounces?

   I guess another question is are gold bars more of a value than gold nuggets?

   • ANSWER:
     Bars like zanies

4. 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

5. QUESTION:
   If i were to purchase a gold bar from guernsey as an investment would i have to pay VAT on it?
   I want to buy a 50g Guernsey Mint bar of gold and need to know if i would be liable for VAT.
   Purchase price roughly 1500

   • ANSWER:
     Apparently gold (as an investment) is free of VAT so the answer is no. There is an option for the supplier to charge VAT but only to a VAT registered buyer. Guernsey is not part of the VAT regime so they can't charge VAT anyway.

6. 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

7. QUESTION:
   Seeking purchase/selling gold/silver bars? Low cost commission and reputable.?
   The dealer/broker should be in the U.S.A. Additionally a web address would also be preferred.

   Iam looking for .999 pure silver in 100 oz. bars, .999 1 oz. gold bullion rounds.

   • ANSWER:
     Do you understand the concept for investing in precious metals?

     You invest in the actual metal as an insurance policy in case the financial end of the world comes

     You invest in precious metals company shares if you want to make money on the increase of the metals value.

     If your silver increases by 100% (), after commission, buying & selling you will make /ounce

     if you bought the same dollar amount in producing company silver stock, your stock would probably go up 300% +

     If you bought gold ounces 0 US ea + commision and gold went up 0 your 1 ounce would return you a profit of

     the same money invested in a non hedged gold producer would probably return a 200%-300% Profit.

     There are lots of bullion sellers, but re-think why you want the metal.
     Oh , and by the way, I just sold 0,000 worth of gold stock because I think gold and silver is going down in short term by about for gold, silver I don't follow.

     I will re-buy later this year at a lower price.

8. 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

9. 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.

10. QUESTION:
    where do i sell bank purchased gold bars in india at the best rate ?

    • ANSWER:
      try the same bank. there are more sellers than buyers

11. QUESTION:
    Purchasing Gold Bars For Investment?
    How can I purchase these for investment?

    • ANSWER:
      apmex (dot) com is popular site to buy precious metals

12. QUESTION:
    if i want to purchase gold for investmnet purpose say in the form of bars where to buy it from?

    • ANSWER:
      In the Philippines, you can buy bars from small time gold miners in the province, specifically Paracale or Jose Panganiban in Camarines Norte (near Daet, Bicol). Typically its around 18K in purity, and they sell it by an obscure measure of unit called "bahay" which is 1/2 a gram. You can buy it there at 3-6% below prevailing spot rate, and they get the text updates of current price of gold, so dont expect to get firesale prices. Bring a reliable scale so you can weigh, as well as your scratch stone / gold testing device. Once you want to sell it sometime in the future, just bring it to Bangko Sentral in QC and they will pay you market rate for it, minus a minimal "fire assay" fee of around P800-P1200.

      On the other hand, if you want stamped bars (such as Credit Suisse bars or gold coins) - you will pay 5-10% OVER market rate, and can buy it anywhere online. But I dont know how you can bring it in the country (unless you fly to USA or Europe, and hand carry it back).

      Another option is to purchase gold stock, GLD on the NYSE and its a lot easier to monetize. Its pegged to the current gold market price, so you can easily purchase it and sell it using your computer. Its far easier to click a mouse than drive to Bicol to buy the stuff from a country bumpkin.

13. QUESTION:
    How Much Are ONE KILO - Silver Bars, Gold Bars, Platinum Bars and Palladium Bars?
    Of the finest quality at current trading price.

    Also would be helpful if you would be willing to do the maths for me but -

    How many one kilo bars would you be able to purchase at £150,000 for - gold, silver, platinum and palladium if £150K was to be invested into each.

    Thank you!

    • ANSWER:
      Gold is £23282.71 per Kilo 6 bars
      Silver is £359.63 per Kilo 417 bars
      Platinum is £35928.00 per kilo 4 bars
      Palladuim is £9754.13 per kilo 15 bars

14. 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!

15. QUESTION:
    Where can I buy and invest in gold bars ?
    Why aren't pple investing in gold? I found many dealers on internet that sell gold bars but I'm hesitant to purchase one rite now cuz I don't know which company is trustworthy. I would appreciate if u tell me how to buy and sell gold bars.

    • ANSWER:
      The era of buying gold directly is GONE forever.

      Buy the exchange traded fund GLD.You get all the gains or losses from the moves in the price of gold and you don't have to worry about storing and assaying the bar when you go to sell it.

      See the chart at http://chartserver.fasttrack.net/chart1.asp?symbol=gld

16. QUESTION:
    How do I invest in gold?
    I want to invest in gold. What is the best kind to purchase? I see gold bars at 24K. Is that good? Should I invest in pure nuggets?

    • ANSWER:
      The best way to own a precious metal is through a diversified metals fund, like the Franklin Gold & Precious Metals Fund or the Evergreen Precious Metals Fund. Another way is through a diversifed commodity fund, like the DWS Scudder Commodity Security Fund.

      As for buying the bullion itself, good luck, you will never find a dealer that will give you it's true worth when it's time to sell, and anyway, why would near 30-year highs be a buying signal to you anyway? Are you insane?

      Better to buy a diversifed series of properly asset allocated high-quality, low expense mutual funds. That's how you should be investing, not jumping on some hot fad like metals. Gold and other precious metals should only ever make up 5-10% of your overall portfolio, depending on your risk tolerance. They are a good diversifer and an inflation hedge, not a way to get rich quick.

      Hope this helps!

17. 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

18. QUESTION:
    Purchasing GOLD??Anyone?
    I would like to purchase gold bars and or coins. Can a federal bank provide me with this service or do I have to go to a private retailer?

    • ANSWER:
      Gold is a traditional hedge against inflation or deflation. Against currency devaluations. Against avaricious or incompetent governments or Central Bankers. Or shall I just say, in a less politically correct manner, that America is bankrupt and Gold is the only real money? If you invest in Gold, you no longer have to rely on the "full faith and credit" of the US government - which is declining sharply.

      The US dollar typically rises or falls inversely with the value of gold. Recently, although there's been a slight increase recently, the trend of the US dollar is downwards. My view is that the dollar will continue to decline until the US economic fundamentals look better - till America comes out of bankruptcy, that is - and that could take some years.

      In terms of your savings or retirement portfolio, this means that if you invest in things like bank deposits (CDs) the net return is most likely negative. Since the beginning of 2003, US dollars held in 3-month US Treasury Bills have yielded less than 3% per year (Source: Global Financial Data). Considering that the inflation rate over this same period of time has averaged more than 3% annually (Source: US CPI), the cash accumulated had less buying power in October 2008 than it did half a decade before.

      The carnage on Wall Street, and the fallout around the world, looks far from over - despite what the Feds or the mainstream media might have you believe. Every time there is a new panic like another bank or insurer collapsing, a flurry of investors with dollars, euro and pounds start a new mini gold rush.

      At the same time, demand for the yellow metal continues to significantly outweigh supply. The Chinese, for example, love gold and have plenty of dollars. China is keen to diversify its huge foreign currency reserves (by far the largest in the world) away from the dollar. A small increase in China's percentage of gold reserves would cause a huge increase in demand and consequently in the gold price. Asia, particularly the Indian subcontinent, and the Middle East (think Dubai) are also seeing large increases in domestic gold demand as disposable income increases. When people think that paper currencies will be worth less in the future, they have historically looked to place their net worth into a more stable vehicle. And gold is typically viewed as a safe form of currency, as its value isn't as affected by inflation.

      Why Buy Gold Offshore?

      So far, so good. There's nothing particularly new or controversial about the information above. But I have always believed in a more offshore, skeptical, pragmatic approach. Like it or not, we tell things as they are.

      Can we trust government to manage our finances? I think the overwhelming evidence suggests no. History shows that gold is politically sensitive, and governments (read Central Banks, particularly the Federal Reserve) don't like to see individuals buying gold. Why? Because they can't control it. They can certainly try. For example,the question has been rased, Will the US Government Confiscate Gold?

      Then suddenly, as of late September 2008, we saw the US Federal Government beginning to limit the access of ordinary citizens to gold bullion - by withdrawing new bullion coins from circulation. (Suddenly and unexpectedly in mid-crisis the IRS also introduced a new form FBAR for reporting of foreign bank accounts)

      What we can see from all this is that the smartest strategy is to keep your gold holdings outside your home jurisdiction -- where they will be well protected against all sorts of threats from governments to predatory ex-spouses. So you need to know:

      How to Buy Gold Bullion Offshore

      Gold bullion is the most liquid form of gold. If you want to buy gold with the idea that you'll ultimately sell it, then you will want to buy gold bullion. Bullion means either bars or coins. Fortunately, you can easily buy gold this way and just as easily sell it again anywhere in the world. If you need to break it into smaller denominations, you can for example exchange gold easily for silver coins like Panama's old Silver Balboa or Mexico's silver coins.

      You can buy gold bullion by looking for offshore dealers. If you have a particular kind of coin in mind - like the Canadian Maple Leaf or South African Krugerrand, to name a few of the most popular gold coins - then do a search for that particular coin, or find the official mint websites. For example, check out the South African Mint or the Royal Canadian Mint. An interesting and more private option for Americans is restricted circulation coins. When you want to buy gold, these sites all contain helpful tools for finding local and international dealers of gold coins.

      Provided you don't 'look suspicious' and you can prove the origin of your funds with some documents, it is quite easy to buy gold bullion coins anonymously with cash. Some countries, like France, charge sales tax on gold and so should be avoided. Others place burdensome restricti

19. 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/

20. QUESTION:
    Does anyone know a good place to buy gold Bars in the Bay Area, California?
    I know you can purchase online too but I would like to know an actual place where you can go and pick up the bars. Thanks

    • ANSWER:
      In normal times, almost any coin dealer will carry gold, as well as silver coins. But of course, these are not normal times. There is a huge demand for gold coins. Call around to various coin dealers, to see if they have gold in stock.

21. QUESTION:
    Can I buy gold bars from a bank?
    I'm interesting in buying gold bars (1 oz. in size to start) and was wondering if I could purchase them directly from a bank. If so, could I buy it from any bank, or do only certain banks sell to private investors?

    • ANSWER:
      No, banks normally do not sell gold. There is a problem with taking possession of gold that requires an assay before you can resell it due to the risk of various tampering schemes.

22. QUESTION:
    Should I invest in gold bars?
    Hello,
    My fiancee and I are selling some scrap gold, which has sparked my interest in gold as an investment. I was wondering if it would make sense to just get our scrap gold melted into a bar, and then purchasing additional bars as investments. I am 24 now and could probably buy .5 oz a month at current value. Would this be a smart investment for the future? I like the idea of having a physical investment (not to meantion the cool factor of having a safe full of gold bars). Is now a good time to be investing in gold? What is the best way to go about this? Who sells the cheapest bars (closest to market value)? Thanks so much!

    • ANSWER:
      Gold is generally a very popular investment, however it depends on your long term goals per say, if your looking for safety then gold is a good investment because when, investors or the public are fearful about the currency or a currency they generally turn to gold. Gold can be bought in forms of a bars, or in form of a equity investment e.g. ETF's (exchange Traded funds) a good one is IShares COMEX gold trust (NYSE:IAU) this is like a stock but its price fluctuates with the gold price in the market, technically you would be holding gold because the company responsible for this ETF holds 63.2 tonnes of gold in storage. Note that in order to purchase ETF's you have to buy them through a stock broker. Another way to invest in gold is through stocks gold companies such as (NYSE:GG) this is riskier because your dealing with a companies stock which involves tracking they're returns and they're movement, in price, and the risk that a normal stock would posses.
      Golds Price fluctuates as do all commodities, hence forth if you want to make money on gold make sure you buy it at a low price this is generally when the economy is doing well and the USD (u.s dollar) is strong and rising.
      In Conclusion confirm with your investment advisor what your long term or short term goals are and in that relation you can invest appropriately.
      Good Luck
      Happy Investing

23. QUESTION:
    Which company is the most honest and reliable to buy gold from?
    Which company is the most honest and reliable to buy gold from?
    I would like to purchase gold bars for investment purposes and I would like to know if there are any companies that others have used that are easy to deal with, have a good turn around time and whom I can deal with online as opposed to going into a store. Since I don't have the time or know-how to do research on this subject, I'm thinkin that maybe there are companies who have been around long before this 'gold rush' fever hit us in the current day, who may have a good following and who are trustworthy and will give a fair price. Thank you. (I am thinking about investing in the neighborhood of maybe K-K.
    Category

    • ANSWER:
      I've dealt with APMEX several times, with about 15K spread over a half dozen orders. They've always been good. Recently I've been trying Bullion Direct's Nucleo Exchange, they seem pretty good too, and the prices are lower, but you don't know what condition the coins will be in. Either place is super reliable and safe, and both have been around several years (APMEX was founded in 1999).

      I would strongly suggest you get gold coins, instead of bars. Gold Eagles or Krugerrands are recognized anywhere in the world and carry a low premium.

      You might also want to check a price comparison like http://coininferno.com Just click a coin and they list dealers' current prices. Remember, just 2% more on 20K order is 0, so it'll pay to shop around a bit.

      You might want to consider splitting your buys up over the next few months, that way you'll get an average price, and not just whatever spot right now.

      And finally, don't buy an ETF, mutual fund, or mining company stock. If you want a piece of paper, just keep your dollar bills. If you want gold, make sure you can hold it in your hand.

24. QUESTION:
    Where can I buy 500 gram PAMP Suisse Silver and Gold bars?
    I have been into Silver and Gold bars lately and I have been working lately. (Obviously need money to buy theses). Anyway, I recently found out in YouTube that this guy (MalusImperium) actually he has these great looking 500 gram Silver bar ( http://www.youtube.com/watch?v=IfkhmbkIKQE&feature=related ), and 500 gram Gold bar ( http://www.youtube.com/watch?v=WoSweKkaf5E ).
    I have been SEARCHING ALL OVER THE Google, (AMPEX, lots of other bullion websites). However, I could not find anything close.
    Can it be FAKE? what he is showing us? because He never tells people where he gets his silver and golds from.
    SO PLEASE if any of you guys know where I can purchase these 500 gram PAMP Suisse silver & Gold bars let me know.
    Love you all!!
    bye now

    • ANSWER:

25. QUESTION:
    Where in the United States can you buy gold bars or coins?
    I would like to know what is the best way to buy gold coins or bullion in the U.S. I am not a coin collector; I don't care about that stuff. I want legit, recognized, gold coins that I can purchase from a reputable place with their certificate and KEEP with me - not have a piece of paper saying I own them and they are locked in some vault somewhere. Just as a form of security and piece of mind for me, I guess. I also thought about giving them as gifts to my small nieces and nephews rather than toys etc. once in a while.

    Does anyone know what is the best way to go about doing this? I don't really care where the coins are from as long as they are authentic, certified, etc.

    It is legal too, right? To buy coins from here or anywhere else? I'm obviously very ignorant about the subject. I had thought about doing this about 4 years ago when the price was like 0 per ounce, now I check and it is like 00 and I want to kick myself for not buying then.

    Thanks!
    By the way, I realize that the price of gold is ridiculously high right now, so I probably won't be buying very soon, but I would like to buy when it is reasonable again.

    • ANSWER:
      Do not worry gold will still go up more because of the reasons below .also a good web sight to tell you how to buy gold . http://www.monex.com/prods/gold.html

      Reasons Why Gold Will Rise in 2008
      1980 High

      On January 21, 1980, gold closed at 5.50. Today, it takes ,200.00 to buy what 5.50 bought in January 1980. Therefore, gold still has a long way to go before it reaches and surpasses its all-time high.
      1. The Dollar Slide

      Over the past five years, the dollar has lost 50% of its value versus the euro. Large institutions and central banks are moving their dollar-based assets into non-dollar-based assets. This is coming at a time when the U.S. economy is slowing to a crawl. In order to stop the U.S. economy from slipping into a recession, the Federal Reserve has no choice but to reduce interest rates in order to stimulate the economy. As rates decrease, the dollar collapses. As the dollar falls, investors are moving their dollar-based assets into assets such as gold – increasing demand and pushing the price even higher.
      2. Flight to Quality

      The sub-prime mortgage crisis was the catalyst that pushed gold to 28-year highs, and now we’re seeing investors make a flight to quality as fundamentals are supporting strong prices. In 2007, gold produced a return just below 30% while the S%26P 500 increased less than 8%. The uncertainty in the U.S. stock market, stemming from the sub-prime crisis, has caused investors to move their assets into stable assets. These assets, such as gold, have provided portfolios with much needed protection and, at the same time, have increased the value of portfolios at a rate of 4 to 1 over the stock market during the past few years.
      3. Oil Versus Gold Ratio

      Historically, the average oil/gold ratio has been around 15:1, meaning that the price of fifteen barrels of oils equals the price of one ounce of gold. That ratio has recently dropped to around 9:1. To return to average levels, the price of gold would have to increase to around 00 (or there would have to be a drop of similar magnitude in the price of a barrel of oil). In the near future, 00 gold is more likely than per barrel oil.
      4. Central Bank Sales and Purchases

      Central bank sales which served to depress the price of gold throughout the 90s have come to a screeching halt, with most central banks having already liquidated their gold reserves to a bare minimum. Instead of selling, central banks are becoming buyers. For instance, China’s gold reserves account for only one percent of its total reserves. With those reserves piling up rapidly, it seems inevitable that China will diversify part of its foreign exchange reserves into gold.
      5. Investment Demand

      In recent years, there has been a tremendous increase in institutional demand for gold. In addition, although investment demand has been relatively muted in the U.S., there is plenty of demand from the flourishing middle classes in China and India and from central banks in countries that have enjoyed gains from foreign trade, such as Russia, the Persian Gulf oil producing states, and China.
      The possible events that could drive down the gold price seem highly unlikely.

      1. India could slow its consumption;
      2. The U.S. stock market could boom, taking the attention away from gold;
      3. Peace could break out in the world;
      4. There could be a huge gold discovery;
      5. Oil prices could collapse;
      6. The dollar could rise.

      6. Commodities Super-Cycle

      We concur with the strategists at Citigroup, Deutsche Bank and Goldman Sachs who are among the new generation of “super-cycle” proponents who believe that supply shortages in growing economies in China and India will send commodity prices and gold higher for another 15 to 20 years. The forces that have driven commodity prices higher in the past couple of years remain largely in place: global economic growth is strong; liquidity is plentiful and is increasing; and the demand for commodities will continue to grow in emerging Asia as the region industrializes and wealth grows.
      7. Gold Mania

      Mine production is falling at the same time that demand is rising. Worldwide investment demand for gold will remain at historically high levels, significantly exceeding 40 million ounces. Don’t rule out the possibility of a full-blooded mania in gold within the next couple of years, particularly given the fact that the flight from the dollar is picking up speed and momentum

26. QUESTION:
    Is gold actually a good investment?
    Every other commercial on MSNBC tries to convince me about how wonderful and safe gold is as an investment. For a long term "safe" and profitable investment, is purchasing gold actually a good idea? I'm talking specifically about gold bullions and bars, not stock in gold mining companies.

    • ANSWER:
      If you're investing in gold, you're betting that the US government will not be able to stop spending, which will result in hyperinflation and will lead to a new currency.

      If you're investing in gold, you actually WANT the government to be irresponsible and spend crazily, because this will make you a handsome profit.

      If you're investing in the stock market, you WANT the government to increase its spending, because the more money spent, the more businesses make and profits increase and the stock market soars.

      So, investors generally favor government spending. There is a tremendous pressure on the government to spend money. Of course, there is also growing unrest. Fiscal conservatives who want to limit spending will fight, and I see a struggle on the horizon. It's coming. If the fiscal conservatives win, and they cut spending, we're going to have a collapsing stock market and a collapsing gold price--both at the same time. The collapse will be temporary, of course, because nothing lasts forever. But I don't believe that gold is going to go up up up forever without any major corrections. We're going to see some big mountains and deep valleys in the price of gold.

27. QUESTION:
    GOLD/SILVER BullionCoins Bars: Goldline,Kitco,Superior Gold,etc.- Which gold company offer u the best price?
    Since 2001, precious metal prices have been rising due to inflation and the depreciating U.S. dollar. Radio and television advertisement have been touting numerous companies offering to sell gold/silver bullion coins and bars. The price markup to buy and sell has ranged from 3-5% (volume purchases) to over 10% over the spot price. Which company have you seen offer the best deals for either large volume or one coin purchases?

    • ANSWER:
      I would suggest empire gold:

      http://www.shareasale.com/r.cfm?B=185538&U=366479&M=23357

28. QUESTION:
    Where can I purchase gold?
    Not jewelry. I just want like a really small bar or an ounce.

    • ANSWER:
      I've used Apmex for years - very reliable, delivered to your front door.

      www.apmex.com

29. QUESTION:
    best way to test gold?
    What is the safest way to test gold bars before purchasing them. Any equipment that could be used? To get the most accurate results.

    • ANSWER:
      If you scrubbed it with some iron, then its color would remain same if it is gold.

30. QUESTION:
    Where's a good place to purchase 24k gold at real bargain prices???
    websites? auctions? stores? metal stores?
    The form of gold doesn't matter, coins, jewlery, scrap, bars, fillings, wires, statues etc.

    • ANSWER:
      Depends on where you are, it is easier in India, you can just walk into a shop that sells gold ornaments and buy what ever type of gold products you want.

31. QUESTION:
    Where can I buy a 12g gold navel bar?
    HI, I'm looking to buy a GOLD navel bar (doesn't matter if it is plain or with a jewell). I am having trouble finding one - I have checked our local shops, ebay etc. I think it is the guage that is making it hard - I have found plenty of 14g but that will be too big. Any suggestions? I am happy to purchase off the internet - thanks

    • ANSWER:
      I've purchased things from this site before, and never had a problem, the only thing I don't like about it is that you can't search per gauge, which is a pain. So, if you do some hunting, you'll find it eventually..

      http://www.bodycandy.com/cgi-bin/category.cgi?query=&category=gold%5Fbelly%5Fring&orderby=INVENTORY%2Estore%5Fprice%20ASC%2CINVENTORY%2Ebrand&start=15&limitcategory=&template=&searchfields=&match=&searchtype=&templatehead=&templatebody=&templatefoot=&templatethumb=&

32. QUESTION:
    Anyone Willing to Purchase a Runescape Account with Habbo Exchange Coins?
    I have two accounts for sale, one is level 99 and I take three gold bars for it, the other is level 51 and I take one sack for it. F/R DC44 on Habbo for more details. I only give first for the level 51, you must go first for the level 99. Thanks!

    All Habbo exchange must be in Habbo USA.

    -DC44

    • ANSWER:
      Habbo will have it's pools closed, due to AIDS.

33. QUESTION:
    are GOLD PLATED Collectibles a wise purchase?
    a friend told me that if i was looking for a way to acquire ''some '' gold at a cheap price to look into ''gold plated ''' items like jewelry, coins, bars, etc.

    he says though they contain just a small amount of gold, it is still getting some gold at a relatively inexpensive price

    is he right? is it worth spending say on a gold plated medallion or coin even if it is just gold plated

    is it considered actual gold??

    • ANSWER:
      It is not a wise purchase. A wiser purchase would be to spend your on an uncirculated Mercury dime. You should be able to buy a 1941-44 on ebay for about or maybe even less. The value if history is any indication should double about every 10 years or so. Maybe in the future even more rapidly. I remember when one could buy uncirculated buffalo nickles for each. Can't buy them for anywhere near that today--more like or higher.

34. QUESTION:
    Buying Gold Bullion.?
    I am looking at buying a 1/2 oz .9999 PURE GOLD BULLION BAR. This will be the first time i have purchased gold. I wanted to know. This time i am going to buy this as a gift for my wife to have jewellery made from it and in the future for investment. Would this type of purchase be ok for converting to jewellery?
    Another question about the same bullion. Generally what grade of gold is sold in bullion form. 9ct, 18ct, 24ct.

    • ANSWER:
      24ct. It would be an Ingot not a bar. If you have any jeweller friends they can get it at a pretty good price.

35. QUESTION:
    I am living in Toronto, Canada. I want tp buy 1 Ounce Gold Bar, but I am not sure where to get it?
    I don't want to get cheated on this. Can someone please refer a good and trsutworthy jweller or place t purchase it?

    • ANSWER:
      A city the size of Toronto certainly has coin shops that will sell you one troy ounce gold coins at 3 - 5% over spot. Most people prefer coins to bars, but a good coin shop can certainly order a 1 ounce bar for you if that is what you prefer.

      Here is a link to the price list from a reputable major bullion dealer:
      https://online.kitco.com/bullion/completelist.html

36. QUESTION:
    Can you bring into the US gold bar that has lost its certification/ purchased receipt?

    • ANSWER:
      yeah

37. QUESTION:
    what can one do with gold bar & coins after purchased from banks or other. i mean what is useful or benefit.?

    • ANSWER:
      simply put it is a way for SAVERS with some money in the bank to protect the VALUE of that money from being devalued. Gold doesn't get devalued like a paper currency can.......when paper currency is devalued....gold re-prices upward........

      so it is a method of protecting the value of one's saving from paper currency devaluation risk. Devaluation occurs when confidence or demand for a currency diminishes......(this could be due to too a rising supply of currency...., a diminishing belief a currency's nation could pay back the intrest owed on debt/ or principal.....or a co-ordinated one time devaluation of a currency against gold -like most country's did to get out of the great depression ....this worked at diminishing the debt overhang.....

38. QUESTION:
    Who buys Gold that I want to sell?
    Hi,

    I want to sell 24 Carat, 99.99% pure gold bar (with an Assay certification) that I purchased from a leading bank. I want to know who would buy it at market rate?

    Thank you

    • ANSWER:
      You can sell it to the same bank through which you purchased. That will be the correct way to do this. If you are not in a position to meet the same bankers, you can sell it to the other bankers or jewellery shops or financial firms dealing in gold like Muthoot. So far as the market rate is concerned, I don't think you will get it. You will get somewhat less rate than the current market rate.

39. QUESTION:
    How to get pure gold at Duty free shops at Dubai airport?
    Hi,
    I am travelling through Dubai next week. I am not planning to go out of aiport.

    Please suggest me as how to buy pure gold, i.e, 24 karret gold at duty free shops in Dubai airport. What form of gold(coins or bars or what other form of gold ) is better that is authentic of 24 karret gold. And any specifications to identify 24 karret gold..?

    It is very helpful if anyone can tell me the duty free stalls at airport.

    I would like to know if Euros are accepted for purchase of gold or does Euros needs to be exchanged to local money.

    Thanks in advance!
    Sree

    • ANSWER:
      At Dubai Airport you can not buy gold for investment like bars or coins (beside the Dubai souvenir coin). These things you buy at banks.

      At the Duty Free Shop you can buy jewellery, but pure 24 carat gold is to soft. Carat literally means the amount of GOLD an item of jeweler contains. For example pure GOLD is 24 carat or 99.99% pure - this would be far too soft for most jeweler and so an alloy added. If a piece of Jeweler is 9 carat GOLD, it is hallmarked with the number 375 meaning 37.5% pure GOLD (9 parts GOLD to 15 parts alloy). The higher the carat quality the greater the proportion of GOLD it will contain. Countries across the world allow different minimum carat standards.

      If you are buying for the sake of owning gold, your best bet is the so-called "bullion coins": Canadian Maple Leafs, US Eagles, Austrian Philharmonics, Australian Nuggets or Kangaroos, and South African Krugerrands to name the most popular. Most of these come in fractional values. But you will not find them at Dubai Airport.

      There might also be chances to buy gold in Dubai's gold souq, but that means you would have to leave the airport.
      Every item of Gold has to bear a stamp mention the carat.

      Anyway, to buy gold like you want to, Dubai Duty Free is the wrong place. If you want to buy anything else, Euros will be accepted, but you would get a better rate changing money before purchase at any money changing place like Ansari.

      Btw: the price of gold is the same worldwide. It's just a matter of tax or work (jewellery) what makes it cheaper or more expensive.

      Take care.

40. QUESTION:
    Looking for a News Segment on Dubai.?
    I was watching a show on what I believe was 60 minutes or 20/20, it shows a cargo plane landing the next spoken words are ''you'd be mistaken if you thought this plane was carrying passengers, its carrying gold'' the segment went on to show a man purchasing gold bars across a counter filling two briefcases w/ gold bars, and it showed him walking away the show insinuated that this could be used as money laundering for al qaeda, curious if anyone else remembers this segment and what its from or if a direct link is available.

    • ANSWER:
      go to 60 mins and type in Dubai they had some on last year

41. QUESTION:
    questions Investment in Gold?
    I want to invest in gold in the form of coins/bars from a reputed jeweller. My questions are:

    (1) When I wish to sell the gold to the same or any other jeweller, should I have to pay any tax (like capital gains tax, and/or wealth tax, and/or any other tax or any other charge)?

    (2) What is the expected price of Gold in India in the next few months? At present, gold price is very high. So please tell me whether I should purchase gold now or wait for some more days/months, if the price is expected to come down ?

    • ANSWER:
      taxes like capital gain applicable as per rule at that time.
      in india price are 20500/-per ten gm.
      up and down come in routine but purchase for target of 25000/-

42. QUESTION:
    ICICI Pure gold.. Pricing.?
    I bought 50 gm gold bar on 30 Apr 06. They charged me 56,644.00 towards the purchase. IS this price right.
    The gold is 24 Carat 99.99% pure..

    Please advice.

    • ANSWER:
      Yes it is. And gold closed today at 0 and ounce. You made some money.

43. QUESTION:
    How do i turn habbo coins in to habbo Credits?
    Alright i have 50 coins in habbo, i had 50 credits but i bought a gold bar, how do i change it back into credits to purchase a habbo club membership?

    • ANSWER:
      ooohh i know this one!!!
      

      lol

      double click the gold bar
      and i box will pop up
      saying are you sure you want to redeem credits?
      click yes
      then the kerching noise will come
      then check your purse
      and voila

      lol

44. QUESTION:
    I am looking for the best instruction DVD for international Latin and Ballroom dance?
    There are so many DVDs out there that I don't know which one would be the best DVD to purchase. I'm currently enrolled in collage silver level international Latin and ballroom dance, but it is hard to pick up subtle techniques, such as hip movement, from the class. I tried to find instruction DVD online but there are so many and some of them are very pricey. I would really appreciate your advice and suggestions (especially if you are upper level -Gold bar level- ballroom dancers)!!!

    • ANSWER:
      Hi,

      Maybe one of the best Latin dance instruction online. Taught by upper level teachers and international winners. They are all a bit pricey but you will pay between 50 to 80 per hour for private lessons. This way you can do it from the comfort of your home.

      Aaron

45. QUESTION:
    Where can I find a trust worthy precious metals dealer?
    I have been playing with the idea of purchasing bars, plates, and coins of precious metals for years and have finally decided to make it a reality. However, I am very worried about who or where to buy from. I had one place in mind, APMEX.com, but I am still not sure. Is there anyway of verifying the credibility of the dealer and integrity of the metals before I buy? Are there places in Philadelphia that I can by real palladium, silver, gold and platinum?

    If it turns out I did buy a portion of fake metal, what would be my legal recourse?

    • ANSWER:

46. QUESTION:
    What do you think of this birthday present?
    I am going to fly my sister to Italy, then buy a massive yacht and go sailing, then have a hot air baloon ride, then I will buy her a Saleen sports car. If she wants anything along the way, she can have it. I even am planning on purchasing her ,000 worth of clothes and jewelry, plus a private jet because I know she likes that and has always wanted her own plane. She wanted 8 gold bars for her birthday too but I only plan to give her 4. Today I saw a million house on Yahoo and asked if she wanted it. I agreed. AM I missing anything? I feel like I should do more because she is my sister after all.

    • ANSWER:
      Yeah, Kivan your sister needs a good friend like ME to come along and help. Let me know when the trip is- I can cancel whatever I have planned.

47. QUESTION:
    How do you sell physical silver bars if they reach 35.00 an once ? Who would be willing to buy ?
    I'm try to understand how buying physical gold or silver is a good investment if you can't sell it for more then you purchased it for ? and who would buy it anyways, as you would think no one would buy unitll the price comes down....?

    • ANSWER:
      You can sell your bars at any time. All you have to do is either take them into a dealer or send them to an online dealer. But you are missing the point of silver and gold buying. Silver and gold are not investments.

      Gold and silver is money and a store of value. It is the "Currency of last resort" as Greenspan has stated many times through the years. Gold doesnt pay interest, dividends, doesnt restate earnings, has no lawyers, accountants, CEOs or CFOs lying to you on television. Gold doesnt ask for bailouts, doesnt go Bankrupt and cannot cook its books. Gold cant be debased or printed at the will of a company or governmetnt and holds its purchasing power.

      Gold sits there as a store of value, is labor intensive, and a one ounce coin will not split into a bunch of half ounce coins at the direction of the "Pin Striped Bandits" on Wall Street. Also Gold is the ONLY asset class in the last ten years to increase in value and retain every dollar of its purchasing power.

      Can gold go down? Yes. However that would mean that all essential goods and services must fall as well. Gold is and acts more like an insurance policy. You are insuring that something in your portfolio can never go to [FAQ-ANSWER].00. All paper assets have the ability to go to [FAQ-ANSWER].00. This is what you are insuring against.

      As Alan Greenspan former Chairman of the Federal Reserve said ....

      "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold (from 1933 to 1975). If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.

      This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard." Allen Greenspan 1966

      I buy gold and silver at ANY price and hold it for the long term. I bought silver last week for .00 an ounce. You have to understand that there is a paper price and a physical price for silver and gold. Over the long term silver and gold go up in dollars. The exception to silver is if you look at the chart from 1980 to today. Silver is down but the situation was totally different back then. In 1980 because of the Hunt Brothers silver was in a bubble and that bubble burst when the Federal Reserve began to raise interest rates to 22%. In addition there was 95% more silver then there is today. The fundamentals are a lot different today and favor the silver markets long term. When you want to sell your bars contact me and we will talk.

48. QUESTION:
    Is using Mothers Clay bar a smart choice for detailing my car?
    I recently purchased the Mothers California Gold Clay Bar paint Saving System. Has anyone used this on a newer black car with minor swirls in the paint? Does it work well? Any special things I should know before I try it on my car?

    • ANSWER:
      a clay bar is used for surface contaminants it will NOT remove swirl marks run your fingers over the finish after washing does it feel like sand paper or smooth? if it is a newer car it should be smooth. what are you washing your car with? In other words what are you scratching your car with
      use only a terry cloth covered sponge start at the roof and work your way to the bottom of the car. Use only mequires/mothers car wash. The next gen waxes such as eagle one nano wax or meg/mothers next gen waxes are far superior to any carnuba

      27 year detailer

49. QUESTION:
    Purchasing bullion coins in Hong Kong?
    Where can I purchase bullion coins such as the Krugerrand, Canadian Maple, American Eagle or Australia nugget or gold bars such as Credit Suisse or PAMP in Hong Kong? So far, I have seen dozens of Chow Tai Fook shops, but they are only able to offer Chinese biscuit bars which I am not keen on. Could someone tell me the exact branch or address of a gold dealer who sells these? Thanks.

    • ANSWER:
      You may have to settle for the Chinese bars...you could have them melted somewhere if you just want the bullion.

50. QUESTION:
    How to safely and attractively glue (bond) 14K gold belly ring?
    I have had trouble with my belly ring in that the "ball" somehow unscrews and I have lost about two or three balls in the last two years (and if you know why this happens, can you let me know?). I have purchased a 14K gold belly ring and now I am terrified of losing the ball as it was obviously more costly than my standard surgical steel rings.

    How can I safely glue the ball to the bar and not harm the gold but have a strong bond?

    Thanks in advance for all of your help!

    • ANSWER:
      The same thing happens to me. I would buy extra balls just in case, but if it's more expensive, it should be better quality. It shouldn't unscrew that easily.