Purchasing Gold

Frequently Asked Questions

1. QUESTION:
   purchasing gold............?
   i have ,000 laying around and wanted to purchase gold. with world conflict these days and future not looking really good in terms of peace.
   my question is who do i go to, to purchase gold? any advice? where do i go? where do i store it?

   • ANSWER:
     Obviously, the majority of posters haven't got the first clue.

     Lauren - what do you think investment bankers do when they underwrite a new issue? They buy the stock from the issuing company, mark it up and sell it. According to your logic, we shouldn't buy anything at all since Wal-Mart, Sears, Target and all other retailers mark up their goods. Yes, gold sellers mark up their product because they have to make a profit. Would you be a gold seller if you sold it for the same price you got it for? You'd be out of business in no time. And it's interesting, gold is trading near it's all time nominal highs and it's bad, but the Dow and S&P 500 are trading near their all time nominal highs, yet no one is saying it's bad and say to "buy" because it's going higher.

     Bruce - you lost 00 in 2 years and it's a rip off, a scam? So, if a person loses money in a stock trade, then trading stock must be a scam according to your logic. Yet, from 2002 to now, gold has advanced from 0/oz. to 0/oz. - a gain of 192%. From 1971 to 1980, gold advanced from /oz. to 0/oz. - a gain of 2,329%. Because you timed your trade wrong, doesn't mean gold is bad. It means you don't know what you're doing.

     Barkin - you need to stop smoking that weed dude, it's frying your brain. First of all, if you actually knew your history, from the Bretton Woods Agreement in 1945 till Nixon closing the gold window on Aug. 15, 1971, gold prices were fixed at /oz. Okay, so let's just say gold was 7 in 1968. If you invested that at 4.8% you have about 0 today. Yet, you fail to take into consideration that over 0/oz run up from 1971 to 1980. You fail to take into consideration the 192% run up in the last 5 years. And you, like the other "unwashed" mass fail to take into consideration market cycles. Everyone one talks about gold being bad because it came off a 22 year secular bear market in 2002, yet they forget to see that there was a 9 year bull market from 1971 to 1980 in gold. The majority fail to see that yes, from 1982 to now, there is a raging bull market in stocks, but from 1966 to 1982, there as a very brutal bear market in stocks. As a matter of fact, in the early 80's, news publications were staying that "stocks are dead and a horrible place to be". You mention 4.8% interest on a CD, but fail to recognize that Greenspan cut rates to 1% by 2002, so you aren't getting your 4.8% CD rate you mention. And another thing genuis, you like the rest of the "unwashed masses" fail to take into consideration inflation. In 1968 the median house price was ,000 and the average car was about 00. With gold prices fixed at /oz, it would have taken 714 oz of gold to buy a house and 114 oz of gold to buy a car. Today, the median home price is about 0,000 and the average car is ,000. At today's gold price of 0 it would take 383 oz. of gold to buy a house and 40 oz of gold to buy a car. And obviously, you don't know your history. During the Weimar Republic hyperinflation, the people that did well were the one's that had bought up gold and silver before hand. Merchants would jump when a person came in with gold to buy their goods because the Reichmark was worthless. The merchants jumped at the chance to get gold. What history books have you been reading? The Beavis and Butthead Anthology of World History. I think you need to go back to school and get a real education, not the one you got from Homer Simpson High.

     Now to answer the question, I would recommend Kitco at www.kitco.com. Stick with the bars instead of the coins as the coins have a higher premium then the bars. Also, stick with 1 oz. bars or less. The reason being is they are easier to move around. Imagine if you will that the dollar eventually falls of the cliff is hanging onto and inflation goes through the roof, it's easier to take 10 grams or 2 oz. to go buy supplies then it would be to take a 1 kilo brick.

     Also, Kitco can store you gold for you in their pool. I personally would take physical possession. The one poster that said that the ETF's are not the physical gold is correct. If all hell breaks loose financially (which I expect it will), you want physical possession of your gold instead of trying to get physical possession of it, know what I mean.

     Also, you might want to look into silver. Silver also has a lot of upside potential. Adjusting for inflation, gold would need to trade at around 00/oz to match it's 1980 all time high and silver at 0/oz. At their current rates of 3.80 and .53 respectively, gold would see a potential of 308% return while silver would see a potential 1,378% return.

     Just my 2 cents (which adjusting for inflation is now worthless).

2. 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.

3. 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

4. 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!

5. 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.

6. QUESTION:
   purchasing gold: i've been looking into goldline to invest in gold. it turns out they get commission of 20-30%?
   so, unless gold price goes up like 40 or 50%, it doesn't seem worth it to buy gold. is this typical with all others? i'd like to purchase from goldline since it's well known and reliable. anyone knows any others reliable gold company that don't charge so much when purchasing and selling it? i just started looking into it recently. can anyone give me basic insight in regard to gold. thanks.

   • ANSWER:
     Goldline is one of the worst. If you look around on other sites for gold bars or American eagles, the markup will likely be about 3%-4% plus shipping and handling but you will also have to sell at a similar discount making the round trip about 6%-8% plus shipping and handling.

     If you are purchasing gold as an investment, you may want to look at the GLD ETF. However IMO I think gold is more of a short term speculative investment and probably won't exceed other safer long term investments such as the stock market.

     Golds track record has not been stellar in the past. If you purchased gold at its high in 1981 of 0 per ounce, it would need to get to ,200 per ounce just to kept up with inflation. If you would have purchased gold after it crashed in 1981 at 0 per ounce, it would have been dead for 20 years before it again started to rise and at its current price, it only exceeded inflation by about 1% annually over the last 29 years.

7. 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.

8. QUESTION:
   What is the right time and way of purchasing gold in india?

   • ANSWER:
     About half past three is the right time. The best way is to exchange it for a chicken bhuna.

9. QUESTION:
   In the UK, how do you go about purchasing gold?
   I'm curious about buying gold, as a form of investment.

   • ANSWER:
     There are many sellers of gold in the UK. Just make sure to check your local newspaper on the current price of gold and pay no more than a 5-10% premium above the spot price. Gold coins is probably your best bet for investment gold (Krugerrand, Canadian maple leaf, Sovereigns, Swiss Vrenelis, etc.) Here is a summary page of gold sellers for you to check out:

     http://search.yahoo.com/search?p=gold%20sellers%20in%20UK

10. QUESTION:
    Is there any way to play xbox live withouth purchasing a gold membership card?
    I know its pretty unlikely but i was still wondering.

    • ANSWER:
      No. Sorry. It sucks i know.

11. 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.

12. QUESTION:
    In purchasing gold coins like the American Eagles, what coin company is the most reputable?

    • ANSWER:
      Direct from the US Mint - about as reputable as you can get.

13. QUESTION:
    how do i stop automatic xbox 360 live gold purchasing?
    I totally need directions, i dont want to cancel but i do want to manually purchase it.
    It is automatically charging my credit card but i want to pay it myself every month with my card though

    • ANSWER:
      http://support.xbox.com/support/en/us/xbox360/xboxlive/myaccount/managemyaccount/intro.aspx

      Cancel Your Xbox LIVE Membership
      To cancel your Xbox LIVE membership, please call (800) 4MY-XBOX (469-9269).

14. QUESTION:
    What are the restrictions on bringing gold to India after purchasing it in Dubai?
    I am an Indian citizen. I am planning to buy gold in Dubai and bring it to India. What are the restrictions?
    I am going on a 3-day visit to Dubai. Hence planning to do some gold purchase there. I will not be working there or staying there for more than 3 days.

    • ANSWER:
      Take my advise.
      Do not purchase gold now...the price is going to fall
      as IMF is selling about 400 tonnes of gold,at the end of this month..

15. QUESTION:
    purchasing gold jwellery in these dayswill be profitable or not?

    • ANSWER:
      Gold jewelry is *never* a good investment, as the purchasing value is much more than the actual gold value. Part of the difference is lost when selling: after all the jeweler has to make a profit too.

      If you want to invest in gold, better options are gold certificats, gold bars and (more risky) gold mine stocks.

16. QUESTION:
    Purchasing a Gold Mine and Refinery?
    How and where could a person go about purchasing a gold mine and refinery? Would it be legal if it it is a sole proprietorship for the owner to keep all the gold for himself as long as he pays his employees annual salaries?

    • ANSWER:
      contact a business broker, yes

17. QUESTION:
    any adjustments on carb after purchasing FMF gold series pipe for yamaha blaster??
    just curious if i need to modify anything on the carb like jetting or if i can just install the pipe without doing anything to it? how will i know , because this guy told me to watch the color of hte plug?? (what does that even mean)_ please help

    • ANSWER:
      if every thing else is stock then just put one size bigger main jet in it and you will be fine. this only applies to a blaster.

18. QUESTION:
    purchasing gold in bangkok?
    i heard purchasing gold in bkk is relativly cheap,
    is this true?
    is it crap gold?
    would you purchase gold in bkk?
    if so any recommendations where to purchase?
    thanks everyone!
    im not going to dubai im going to bangkok

    • ANSWER:
      Purchasing gold in bkk is cheap. However please be informed that the gold in bangkok is not pure gold but a mix. You will notice that the color is brighter than gold bought elsewhere. The Thais love it and there is value for it in thailand. However, since the gold is mixed and not pure the value is much lower elsewhere in the world. Some places may not take it.

      Point to note is this ... are you buying the gold as investment? or to wear? If its for investment ... get pure gold 99.99 if you want something nice to wear then thai gold is great.

      My 2 cents

19. QUESTION:
    Purchasing Gold Questions?
    Hi,

    When you purchase gold in the form of bullion or coins from a bank.

    Will the bank re-buy the gold? or do you have to find other means of selling the gold? What about if it was a certificate can you re-sell your certificate at any time for the current gold price?

    What are tour current thoughts on purchasing gold? Is it way to high to purchase?

    I'm really new to investing. Thanks in advance for all the help!

    • ANSWER:
      First of all, you can not normally buy or sell gold at a bank. There are several options with gold, and you can find just a few at the link below. Gold does not have a real long history because it was regulated for many years, so it is even harder to predict than most of the other normally volatile options out there.

20. 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.

21. QUESTION:
    When purchasing a Xbox Live Gold can I call it in or do I have to do it from the Xbox?
    PLease help

    • ANSWER:
      You can buy it from the xbox, or purchase a Live Gold card.

      Or you can get it here:
      http://marketplace.xbox.com/en-US/goldBenefits.htm

22. QUESTION:
    I have some questions on pokemon heart gold and soul silver, considering purchasing?
    I dont know why, the last time i played a pokemon game was when sapphire version came out. Im a senior guy this year, I saw pokemon heart gold and soul silver and made me remember when I was a kid and loved playing silver version, and for some reason, I have the urge to play the new game. What is your opinion on the game? Is it worth me getting a used DS for 40-50 dollars?

    • ANSWER:
      It's worth it. XD Pokemon never gets old.
      If you liked it as a kid, you'll still like it now. Plus.... there are so many more features, like the wifi connection.
      Basically, I think you should get it. ^.^

23. 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

24. 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

25. 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

26. QUESTION:
    Purchasing gold online?
    Please let me know how I can purchase gold online

    • ANSWER:

27. 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.

28. QUESTION:
    Is there a way of purchasing Xbox live gold with out a credit card?

    • ANSWER:
      Yes, Microsoft sell a 12 Month Gold Live Subscription in most good stores. GAME, Gamestation, Zavvi, HMV and a few others. They are usually £39.99. Theres Also a 3 Month Option and a 12 Month bundled with a Xbox Live Vision Camera, 2 Arcade Games (Uno & Robotron) and 200 MS Points. But im guessing your after the 12 month option.

      You get what looks like a Xbox game, but inside the case is a card on the back of which is a silver strip that you must scratch off to get a code. You go into your xbox, choose the xbox live option and follow the on screen instructions to set-up your profile, after that you will have a Xbox Live Silver account, (i think you also get 1 month free GOLD aswell). but you go to the marketplace screen and choose redeem code, type in the code on the back of the card into here and then it will tell you what your redeeming then ask you to confirm.

      Congratulations, done and without a credit card.

      Hope this helped.

29. 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.

30. 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

31. 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

32. QUESTION:
    Will you be purchasing Pokemon Heart Gold/Soul Silver?
    Or are you disappointed it's another remake and wanted a new one again?

    • ANSWER:
      YEEES
      Of course I'm going to buy one of them.
      Silver was my all time favorite game. I played it for years and had the most incredible, unbeatable team ever. The sad thing is that I'm so used to the 3rd and 4th generation graphics that I've stopped playing it. So I'm overjoyed that this game will come out in the better graphics and i'm determined to recreate my old team
      Not to mention that I can fill up the Johto area of my Pearl pokedex quite nicely as well
      I've been waiting for this to happen FOREVER so I'm SO happy

33. 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

34. 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).

35. QUESTION:
    I am interested in purchasing gold for Worlds of Warcraft. Is this ok? Are the gold sellers scam artists?
    I am all about earning your way in a game - and I have done well with this attitude. However, I wanted to know more about this since the Burning Crusade is coming out and I know I wont have enough time to "grind" a noob up to where I am currently in WoW. Again - I am just curious. If someone has had some experience with this, I want to know if this is a scam or not. Also – if this is against the EULA from Blizzard. If it is – then I will pass on this like a fleeting fart in the wind.

    • ANSWER:
      Technically, it's against the EULA from Blizzard to SELL in game items or money - so if you were BUYING, and not the one selling, theoretically you're not doing anything wrong. However, keep in mind that's a very thin line.

      A friend of mine who plays WoW bought gold about year ago - however, he was so paranoid about it that he bought a second account first. He created a character there, then bought the gold from a website called thotbot.com (not to be confused with www.thottbot.com), and had it sent to that new character. Then he sent an in game mail to his other, main account, with the gold.

      Paranoid, yes, but considering the amount of time he had poured into his main characters, he decided he'd rather be careful about it.

36. QUESTION:
    Reliable WoW Gold Purchasing Websites?
    Well, I just hit 60 and am really short on gold for my 60 epic ground mount. I plan to purchase around 500-1,000 gold online. Anyone know of any good websites to do so?

    Thanks

    Are http://www.vcsale.com/ and http://www.buy-wowgold.com/ any good? They look legitimate.

    • ANSWER:
      stop playing before you waste anymore of your life/money away.

      http://www.wowdetox.com/

      no need to buy gold and invest real resources into it. and last i checked, that was against the TOS anyways.

      Take everything in moderation.

37. QUESTION:
    Purchasing Gold's Gym merchandise in Melbourne?
    hey guys,

    i live in melbourne, australia and i was wondering if anyone knew where i could by Gold's Gym merchandise (mainly tank top(s),
    but other merchandise if i can). could anyone tell me if they know of any stores or shops within Melbourne that sell Gold's merchandise? thanks

    • ANSWER:
      Try online?

38. QUESTION:
    Some info needed regarding purchasing tickets for Cheltenham Gold Cup,?
    Im trying to purchase 2 tickets for the Cheltenham Gold Cup for next Fri as a surprise for my husband. Ive come across a secure site that I can get these from and they are available but need to know do the tickets for best mate enclosure or tatterstals include the admission also? ive never bought tickets for such an event b4 and as its a surprise want to ensure I do it right and will be able to gain entry. Any info greatly appreciated.

    • ANSWER:
      These should include admission.

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

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

40. 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.

41. QUESTION:
    Which is a Reliable shop for purchasing Gold? Tanishq, PP jewellers, Ganpati jewellers etc?

    • ANSWER:
      Tanishq is always the best. I have also taken their monthly deposit scheme where you can keep depositing some money every month and after 11 months, you can purchase any gold jewelery at lesser price.

42. 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.

43. 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.

44. 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

45. QUESTION:
    How well will a gold ring retain its value?
    I'm planning on purchasing a gold ring (possibly white gold) soon, and I'm just curious as to how well it will retain its value over time. For example, if I chose to sell the ring in two or three years, how much of the original value might I be able to recover?

    • ANSWER:
      It's hard to say. A gold ring derives some of it's value because of the gold content. If the ring contains, say, 0.25 troy oz of 24K gold and gold is selling for 0/troy oz., then the ring contains about 0 worth of gold. Of course, the ring is not a lump of gold, it has been cast and formed and polished into a thing of beauty. Some of the value of the ring is derived from the art that goes into it.

      Gold prices can go up or down. In inflationary times, such as we have right now, the price of gold increases as the dollar becomes more worthless. So to some degree, the gold ring may actually appreciate due to the rising price of gold. It could possibly decrease too, but unlike the dollar, it will never become worthless. If you just want to invest in gold, buy Krugerrands or maples or eagles, you will only pay a small percent over spot price. They are easy to sell, because people know what they are. If you plan to sell the ring, get a description of it's composition (18K? 20K?) and an accurate weight.

      You can track the price of gold online, it changes every day:

      http://www.kitco.com

46. QUESTION:
    World of Warcraft Gold Purchasing?
    I am on farmer100.com and buying gold for World of Warcraft.

    I am unsure if I should use the Face-to-Face TRADE meathod or the Auctin House Meathod.

    Face-to-Face: Is where you meet up with the company and they Trade the money to you after you have paid for it.

    Auction House: You put something useless up for sale in the Auction House... make the BuyOut price the amount of Gold you have purchased, then they buy it out and the money is sent to you.

    Please tell me what you which one you would choose, which sounds better.

    • ANSWER:
      Id suggest the Face to Face trade, since the Auctions are probably monitered, and so you may be reported.

      Good Luck, Have fun

47. 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:

48. 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?

49. 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.

50. QUESTION:
    how i can make my wife happy she likes gold what you think purchasing gold gift?

    • ANSWER:
      Argos has cheap gold.... so you can make her happy over and over again and it won't be too expensive Buy her a gold necklace, and insist that she wear it to dinner.