Sell Gold For Cash
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Should I Buy Gold

Instead of gold or silver bullion, many investors opt for precious metals mining stocks because they normally yield higher percentage increases than gold and silver when metals prices rise. However, investing in precious metals stocks carries risks beyond buying gold or silver bullion.

The risks are many and varied, and sometimes unforeseen problems can send stock prices plummeting, which, of course, is true of all stocks. Management mistakes cause most mishaps. With precious metals and other mining stocks, the sizes and grades of ore deposits can be overestimated or the cost of extracting the ore can be greater than expected, resulting in lower profits or even losses.

Additionally, businesses always struggle with economic downturns, interest rate increases, labor troubles, governmental interventions, and environmental requirements. Increases in energy costs--even energy shortages--could plague some mining companies, notably those operating in Nevada's famed Carlin Trend.

For disastrous management decisions, Sunshine Mining and Refining Company comes to mind. Once a favorite of silver stock investors, Sunshine traded at in early 1998 on the NYSE. However, by 2000 Sunshine was in Chapter 11, and its stock has traded at less than a nickel on the NASDAQ.

In 1996, Sunshine's management borrowed million and in 1997 an additional million for development of its West Chance ore body at the Sunshine Mine, after which the company is named. Part of the borrowed funds were used to delineate what the company calls a "world-class" ore body in Argentina.

Although management claims the West Chance efforts were successful, management misjudged cash flow and was unable to meet interest and principal payments on the million. Efforts to refinance were unsuccessful, and the lenders took control of the company and mothballed the famed Sunshine Mine. Shareholders wound up with about 3.6% of the company. Unfortunately, this was not Sunshine's only brush with disaster.

In 1972, a fire in the Sunshine Mine nearly destroyed the company. While Sunshine's stock price suffered, the company managed to survive. Now, Sunshine Mining essentially has been taken over by its creditors.

Ashanti Goldfields (Ghana) and Cambior (Canada), two gold producers, also exemplify what can happen to share prices when managements make bad decisions. In early 1996, Ashanti (ASL) traded at ; in 2000, Ashanti's stock traded below .50. In early 1996, Cambior, traded at ; in late 2000, Cambior's stock traded at twenty-five cents.

Both companies got caught up in forward sales, and their balance sheets were severely damaged by margin calls in 1999 when gold rallied from the 0s level to 8 on the announcement that 15 European central banks would limit gold sales and leasing for five years (The Washington Gold Agreement). Gold's price move caused Ashanti and Cambior to liquidate assets and/or convert loans to equity shares at rates that severely damaged the value of their stocks.

Forward selling remains a threat to other gold mining companies because the amount sold short via forward sales is disproportionate to the size of the gold market. Some estimates have total forward sales equivalent to three to five years of production. One or two small short positions could be unwound with only minor price increases. But, the total position is enormous, and reversing it without the price of gold skyrocketing will be difficult, if not impossible.

Forward selling involves borrowing gold and selling it, and it is done mostly by mining companies because, logically, they should be able to replace the borrowed gold out of future production. Forward selling is profitable because the lenders, primarily central banks, lend with charges (lease rates) of about 1%, sometimes even less. The borrowers sell the gold with effective returns of somewhere between 6% and 10%, depending on the borrower's credit rating.

If the funds from the sales of the gold are invested in high-grade bonds, the borrowers receive probably 6% to 8%, for a tidy margin of 5% to 7%. However, if the borrowers use the funds in operations, thereby permitting those to forego borrowing in the credit markets, then they effectively receive higher rates, depending on the companies' credit ratings.

Hundreds of millions of dollars are made via forwarding selling. The central banks earn fees on an otherwise "sterile" asset. The mining companies earn 5% to 9%, and the bullion houses that arrange the central bank loans and handle the gold sales earn huge fees. Forward selling pays off like a broken slot machine--except for gold mining companies' shareholders. Shareholders lose because forward selling distorts gold's supply/demand fundamentals and puts downward pressure on the price of gold. However, forward selling is not without its risks.

If the price of gold rises, the lenders want additional margin deposits, which is what hammered Ashanti and Cambior. (Despite the borrowers having millions of ounces of gold in the ground, the central banks require "margin deposits," usually US treasuries. This works much the same way as margin deposits do on futures and stock exchanges.) It is believed that some bullion houses have even given the central banks guarantees that the borrowed gold will be replaced. If so, then adverse developments in the forward sales arena could force government bailouts, such as was the case with the Fed-engineered rescue of Long-Term Credit Management.

Precious metals stocks are a way to participate in the gold and silver market; however, compared to gold and silver bullion, stocks are risky. No one ever went broke holding gold or silver. The same cannot be said of paper assets. Call the <a rel="nofollow" onclick="javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link/1694742']);" href="http://www.usgoldinvestors.com">Superior Gold Group</a>today and start your account NOW!

Frequently Asked Questions

  1. QUESTION:
    should i get re5 gold edition or buy the original and download all the DLC?
    I rented resident evil 5 about a month ago and finished it, i loved that game and would like to buy it; my question is if i should buy the gold edition or the original. Also, if i get the gold edition, will i have all the progress i made already or will i have to start it all over again since the original is installed in my ps3?

    • ANSWER:
      i would say buy gold edition because it is going to only cost retail price and the stuff comes free rather than going to have to buy a card to get the stuff

  2. QUESTION:
    Should i buy an Xbox Live Gold membership?
    I'm debating on whether or not i should buy a gold membership. I only really have maybe one game i could use it with (Modern Warfare 2), but is it worth the to play that one game online?
    If i do decide to go for the gold, what is everything that i will need in order to play online?

    • ANSWER:
      for that game it is i would do it

  3. QUESTION:
    Why should we buy gold and silver?
    If the US dollar will be "worthless" why should gold and silver matter if their worth makes up lots of US dollars (which will be worthless). I don't get it.

    • ANSWER:
      You can trade Gold or Silver for any currency. It doesn't have to be American. If the dollars goes south.. then you can trade it for Yen or Euro's.

      Not that I really believe the dollar will go south. Just saying...

  4. QUESTION:
    Do you think i should buy a gold or silver wedding ring for my husband?
    Did you buy silver or gold for your husband? & why?? im thinking i want to get him a gold band with a small diamond in it.. i dont know gold just feels & looks more better & stronger when your getting married, what do you think?? he is 21..

    • ANSWER:
      Ask him.

  5. QUESTION:
    what one should buy? gold of 24 carat or Gold ETF?
    I have few amount to spare and need to invest somewhere and had shortlisted 24 carat gold coins or gold ETF. PLease advise which is safer, less risky investment.

    • ANSWER:
      You will find the gold ETF easier to sell but you might find the hard asset more comforting.

  6. QUESTION:
    From which bank i should buy gold ETF.?
    Please tell me from where I should buy the gold ETFs and how much is the minimum investment i need?

    • ANSWER:
      ETFs are traded on the stock market just like stocks of companies are traded. Which means that you can buy ETFs only through a brokerage account and not through a bank.

      There is no minimum investment required. You can buy just one share of an ETF such as GLD. Which at today's price is .10.

      But buying a small number of shares of an ETF is inadvisable. Because you have to pay a trading commission to your brokerage every time you buy and sell shares. And the cost of trading probably will exceed any profits you might make, when you trade with a small amount of money.

  7. QUESTION:
    Should I buy Duralast Gold Cmax or Akebono ProAct brake pads?
    Not sure which ones I should buy. I have been having problem with squealing noises from the brake pads I have been buying from autozone within the first month. I have also replaced the rotors not sure what the problem is.

    • ANSWER:

  8. QUESTION:
    Should I buy gold or silver for and investment?
    Should I buy gold or silver for and investment?

    At this time or in the future would Gold or Silver be a good investment against inflation? Or should I invest in Oil?

    If all of those are not good options at this time, where should I invest my money to protect myself against inflation?

    • ANSWER:
      Gold, silver and oil are risky right now because of their price.Plus they pay no interest.

      Cash deposits (CDs) are insured to 100k at most banks. They pay more interest than the inflation rate, so they fit your request. Check Bankrate.com for best rates.

      Another idea are ibonds. These will increase in value if inflation increases. You can buy these from fed directly.
      If you prefer you can buy TIPS from Vanguard. The Vanguard TIPS fund has a yield of 2.40%, plus inflation protection.

      Also, if you want10-15% in stocks (which will rise over time), you can buy Vanguard's total stock market index fund . all stocks in us market (5000+) are in the fund. So, the fund is very diversified. That means if a single stock goes down it will not hurt you.

      Here's what i would do
      10-50% stocks (vanguard total market index)
      10-20% Int'l stock fund (vanguard int'l market index fund)
      10-30% TIPS or ibonds (from vanguard or treasury direct)
      10-50% CD's (from a bank)

  9. QUESTION:
    should I buy some gold or silver?
    with small money (some 8000 euros) I do not know what business to start and there is inflation, so I do not want to 'spoil" my money. may be I should buy some gold or silver, or is it better to put money in bank deposit for one year?

    • ANSWER:
      if you're planning to invest in gold/silver, i'd wait till the price comes down. because its gold, it's gonna go up anyway. so id wait till it falls back a bit.

  10. QUESTION:
    from where i should buy gold in mumbai at cheaper rates?

    • ANSWER:
      you can find cheap gold at elphinstone road jewellery shop .
      Name of the shop is heera jewellers. they provide you good quality good.

  11. QUESTION:
    Should I buy the gold Monopoly set worth million?
    I just won the lottery, should I buy that Gold Monopoly set everyone is talking about? It looks so cool and I love to play that game. Everyone would be so jealous of me, and I would be like look at this gold money! I want it so bad. But I'm still not to sure. Please tell me if I should buy it. It's 2 million dollars.

    • ANSWER:
      Yes. You should I buy the gold Monopoly set worth million.

  12. QUESTION:
    Should I buy gold because of the 700 billion dollar stimulus package?
    This money has to be printed up and it has to be sending us in to deeper debt and decreasing the value of the dollar. Shouldn't I go buy gold and silver?

    • ANSWER:
      Yep, you're right on the money(so to speak)! I'm entirely in Gold and Silver now. With all the fiat currency that's being printed now, that money in your 401K or bank account is actually losing value once you take inflation into account. I own AGQ, a Double Long Silver ETF(Exchange Traded Fund) and DGP, a Double Long Gold ETF. The ways these work is however much glod or silver is up that day, I earn 2x as much. For instance, if gold is up 5.0%, then I earn 10%! Now, conversly, it works in the opposite direction just the same. However, I extremely bullish on gold and silver now. With this B.S. TARP I & II stealing from our grandchildren, gold and silver are you best bets.
      I like ETFs because I can buy and sell them extremely fast and I can have a quasi-margin with them at the same time. You can also buy "real gold and silver" to hold and store or use a company like GoldMoney that holds your gold and their facilities.
      Look into the symbols, GLD, SLV, and GDX. I hope this helps. Now get out there and get rich.
      P.S. You can also short the DOW, S&P, and other indexs using ETFs and ETNs (Exchange Traded Notes). Look up Peter Schiff on YouTube to see how he predicted the market downfall 3 years ago while all the other talking heads were bullish and saying buy stocks in Washington Mutual. Washington Mutual is GONE!! All those retards on FOX Business News are still there though, giving out the same useless advice. Peter Schiff is the man when it comes to this market and staying ahead of the herd.

  13. QUESTION:
    I want to shop 22caret gold online from Ind. Any one sugest whether I SHOULD buy gold online& can I trust100%?

    • ANSWER:

  14. QUESTION:
    should i buy gold from a bank or from a reputed jeweller like tanishq if i plan to sell later?
    i am planning to buy gold (coin/biscuit), keep long term (ie. more than 10 years) and then sell for cash at a profit. For such an activity, is it safer to buy gold from a bank (SBI) or from a reputed jeweller (TANISHQ) ?

    • ANSWER:
      Here is two web sites you might want to check out . The 1st one www.amark.com they are based in San Diego The 2nd one is www.mtbcoins.com they are based in New York City . I might warn you gold and silver very difficult to sell . But the rewards are enormous . The amark web site sells gold and silver bullion too . Let me know if you like these web sites

  15. QUESTION:
    Why should we want to buy gold?
    If you spend your dollars on gold, and pay a % to the company you buy from. Than you feel the need to sell the gold that has grown some %'s. You have the word of the seller/now buyer that he will give you market price for your gold in the same dollars that you ran from to buy gold.
    I see this as running in a circle. You can only buy in dollars, and the dollar reflexs the price of gold and gold the dollar. Why should we buy gold?

    • ANSWER:
      The idea with gold is that it's value is accepted across political and economic borders and it's also a commodity hence if you are in a smaller economy, it's an effective hedge against inflation. Intrinsically, gold does not grow, and gold does not produce, gold must be stored in registered vaults or risk being re-assayed so there is an intrinsic depreciation in an investment in gold, the gains are extrinsic, speculation due to government policies and consumer confidence. The difference being that gold is essentially ballasted by all the governments and economies of the world and the dollar is by just the one government and economy. However, how rational an investment in gold is, does depend on the economy in which you live, for the people of Brazil in the early 90's, gold would've been a fantastic investment but for the people of the US which is the single largest and most affluent economy in the world, gold does little to mitigate potential problems with the US economy.

  16. QUESTION:
    What gold should I buy that is easiest to convert abroad?
    Mexican gold coins is one I was considering. Any experience? I think that I want all gold coins and Swiss gold certificates.

    • ANSWER:
      Look for gold bars with low premiums and make sure they come with assay cards to prove purity.

      https://www.apmex.com/

  17. QUESTION:
    What should we buy gold bar or jewellery for investment?
    Shall I buy gold jewellery or gold bar for invesment? Any disadvantage buying jewellery?

    • ANSWER:
      When you buy bars, you pay much closer to the current price for gold than you pay for jewelry. When you buy jewelry, you are paying for artwork, and for the shiny display at the jewelry counter. Jewelry markups are the envy of every other retailer.

      Grandpa

  18. QUESTION:
    Which rs gold site should I buy gold from?
    I want my character to have gold, LOTS. And I want to buy some. Which site is most trusted, also, why do they ask for bank pins? Anyways, please answer soon.

    • ANSWER:
      yeah just dont do it, besides Jagex Ruined the game trying to get rid of Real world trading so its nearly impossible to get money safely anymore.

  19. QUESTION:
    should i buy rune gold trimmed right now?
    For runescape, the full gold trimmed is only 1.6 mil. I see that the price is going up but it only went up about 100k. I was wondering if the price is going to keep going up so i should buy it now or will the price keep dropping until it is 1.1 mil which is how much it cost before limited trade. Tell me what I should do, and I do wnat to buy it so plz dont say its a waste of money

    • ANSWER:

  20. QUESTION:
    Should I buy gold people on CNN and Fox are saying the America might collapse by late december, but why?
    All these gold people talking about the collapse of America, why do they think america will collpase by december of 2008?

    • ANSWER:
      Buy the Gold Coins with Obama on it. They should be worth a lot more money these days.

  21. QUESTION:
    Should I buy Rollercoaster Tycoon 3 Gold or buy the main game and expansion pack separately?
    I have looked on Amazon and Rollercoaster Tycoon 3 Gold (which is the main game + the water park expansion pack) is £12. But I can buy the main game and the expansion pack separately for a total of £10. So is there any advantage buying the RCT3 Gold or should I just buy them separately?

    • ANSWER:
      Buy it with the expansion pack as you get a better bargain.

  22. QUESTION:
    Should I buy gold coins or gold bars?
    I want to buy gold,but I don't know if it is better to buy gold bars or gold coins.Can somebody explain my which is the difference and which of these 2 is a better investment?

    • ANSWER:
      Assuming that you aren't buying coins for the numismatic value, then the form of bullion (coin versus bar) is really less important than the amount of gold you are buying.

      To illustrate, looking at the precious metals store on Kitco.com on the evening of 11/11, I can buy a 1 ounce gold eagle coin for ,222.11. I can buy a 1/10th ounce gold eagle coin for 1.36. 10 1/10th ounce gold eagles have the same amount (and purity) of gold as 1 1 ounce gold eagle. Yet that gold would cost me 1 less if I were to buy the larger quantity.

      Similarly, a 100 gram gold bar would cost ,649.74, whereas a 1,000 gram (1kg) bar would cost ,433.41. 10 100 gram gold bars would cost ,497.40. A difference of for the same amount of gold.

      Taking this to the next step, 100 grams of gold = 3.215 troy ounces. The cost per ounce of the 100 gram bar of gold = 1135.22 per ounce. This is compared to ,222.11 per ounce for a 1 ounce coin. (Note, there may be differences in purity in this example, but you should get the point. Quantity of gold is the more important factor) Also note that the price of gold at the time these quotes were read was 1,121.20.

  23. QUESTION:
    How much gold should I buy to balance my portfolio?
    After the Fed's latest printing of money?

    • ANSWER:
      Your Obama Pantry portfolio needs to also include water, food, meds, ammo, generator, fuel. Include items that you could barter with, TP is a good one.

  24. QUESTION:
    Who should I buy Gold Commodities with?
    I want to invest in gold (about 5k), should I just go to a bank broker or is a place on line to do it.
    Thanks

    • ANSWER:
      Interesting time to buy gold now that it trades over ,000 per ounce. Five years ago you could have bought it for under 0 an ounce. Can I ask why you weren't interested in buying any back then? Right now may not be the best time to buy gold in my mind. It ha run up too high and too fast.

  25. QUESTION:
    What game should I buy? Pokemon Heart Gold or Soul Silver?
    My brithday is cmoing up in a couple days and with the money I get I am going to buy one of these two games but I am still not sure what one. Can someone please tell me what game i should buy and why? Thanks!

    • ANSWER:

  26. QUESTION:
    Should i buy gold & silver instead of investing in a 401k type investing or a IRA?
    Im 38 now with a full time blue collar job with 3 kids and wife.The market being the way it is and the way social security and medicare going to be gone in a matter of 20 years.When the market does go bad like it did in the 30s i will have some hard cash at least to trade when it all comes down to it.
    I mean buy buying gold & silver i mean by the 1 ounce bars and rounds to the 10 ounce

    • ANSWER:
      There seems to be a lot of people that are not only asking that question these but also answering it for themselves. They have been stocking up. There is one little problem with investing in gold and silver. They don't earn you anything. Another little problem is that they might get stolen. Probably happens 100 times every day. Maybe 1000 times. Those two problems have not prevented people from putting their money in those hard assets. I guess I can't really blame them what with the government trying to make the dollar worth less and less by the second. And then when they do they whine about inflation. Geez, sometimes I wonder about how good democracy really is except for those that can buy their votes.

      With the price of gold and silver at their current levels, I really can't recommend putting any money into them. I think you would be way better off in the long run with an IRA account with some KO, MCD, INTC, GE, and CVX in it. They all pay nice dividends and they will most likely do well no matter what our idiotic government does. They all can afford to buy their votes.

  27. QUESTION:
    How many lbs of hand feed should I buy to last an 11 week old blue & gold macaw?
    Hello there,
    I am purchasing an 11 week old blue & gold macaw. Should I buy the 10 lb or 20 lb bag of hand feed? Should I buy her a brooder as well? Also, they said I should keep her in more of an aquarium type been until she's a little older. How old till she should be strong enough for a cage? Any help or advice is very appreciated.

    Thank you!
    :) Bird lover & animal lover!

    • ANSWER:
      If you love animals STOP what you're doing RIGHT now.

      You should NOT be purchasing a baby parrot that hasn't been weaned UNLESS you are extremely experienced. Not 'I read instructions' or 'they told me what to do'...experience as in a vet, breeder or other type of thing.
      Weaning parrots and caring for them while they are young is a difficult and dangerous process that needs a lot of time, effort and patience. What happens during weaning and handfeeding impacts and shapes a parrot mentally and physically for the rest of their lives--in a macaw's case 60 years or MORE. This could, if it goes wrong, mean stunting, ill health, poor development, permanent emotional traumal, serious behavioural issues and DEATH. ONE wrong move on your part and that baby bird suffers the consequence and it is highly likely that the bird will fall ill or die. Lots of baby parrots fed by inexperienced people do.
      PLEASE PLEASE leave the parrot with the breeder.
      It is a myth that parrots who are handfed by a person bond 'better' etc with that person---they switch and build bonds with anyone.
      Also---do your research on parrots---not easy companions at all.

  28. QUESTION:
    How to buy gold on Vancouver Island?
    I was wondering where would be somewhere to buy gold in Victoria, bc. Also, what type of gold should I buy and what would be the easiest to get?

    • ANSWER:
      Here's a couple places that trade gold. coins or bars are best way to go if you ask me, but depends on what kind volume you intend on buying.

      Van Isle Coin & Stamp - 250-382-6331
      831 Fort Street , Victoria , BC V8W 1H6

      Old 'N' Gold - 250-361-1892
      100-1011 Fort Street , Victoria , BC V8V 3K5

  29. QUESTION:
    Should I buy gold shot, bars, or Coins?
    I has at first completely eliminated buying coins because they have a high premium and it's hard to determine the actual price due to collectors value. However now, I'm thinking it's not a bad idea since I've found a decent price for them from Blanchard. Would this be smart? My next debate is where I should buy bars vs. shot/grain. I probably over all would prefer the bar since it's always in demand and it just looks nice! lol. However I figure the shot would be more liquid and I could get more for my money. I was looking at buying either 3 oz of shot or a 100g bar (3.215 oz). I figured that it would be a lot easier to deal and trade with the quantity I needed to vs. a one solid bar that I couldn't break up. Any guidance would be appreciated! Thanks

    • ANSWER:
      stock symbol GLD is the way you want to buy gold. It is an ETF and you don't have to store the gold and you have high liquidity.

  30. QUESTION:
    should i buy gold and silver?
    Is it really a good idea to buy gold and silver? Im not really saying it for all the economic reccession we are in right now but i was wondering if it is good to invest maybe? my grandpa has already bought more than 10,000 in gold you should see hes room lol.

    is it a good idea or no?
    also how much is an ounce of silver and gold today?

    • ANSWER:
      No - buying gold or silver is utterly foolish. Invest your money in dividend-paying stocks or corporate bonds. Buying gold is the only way to be sure that your money will NOT increase in value over the years.

  31. QUESTION:
    For what gun in Black Ops should I buy Gold Camo?
    Since gold camo cost 50,000 cod points i need to spend it wisely. Which gun looks the best with gold camo? Here are some of my options: Famas, Ak74u, Galil, AUG, L96, AK47

    • ANSWER:

  32. QUESTION:
    Is it worth to buy pokemon heart gold or soul silver?
    or should i just wait until crystal comes out because im sure its going to come out but i dont know when.

    and if i should buy heart gold or should buy which one should i get soul silver or heart gold

    • ANSWER:
      It is 100% worth it!!! Heart and Gold were the best!!!!! They are not coming out with a crystal remake but heart and gold will provide all the things to fulfill your johto needs. the non-pirated game will come with the pokewalk so you can find items and train your pokemon while you are at the gym, school, or store.

  33. QUESTION:
    witch should I buy? Gold N64 or Berry pink gameboy color?
    I don't know wich one to buy! I cannot afford both!
    N64:
    Gold and limited addition
    4-5 stars and good reviews
    playable
    comes with matching controller
    very fun to play!

    Game boy color:
    my favorite color
    good reveiws, 4 stars
    has good memorys
    first hand held game system I played
    vintage

    SO, WICH ONE SHOULD I BUY?! BOTH HAVE GOOD MEMORYS ON THEM!

    • ANSWER:

  34. QUESTION:
    Hi all, can i know which typ of gold should i buy, 22k, thai gold 23k,or 24k gold for necklace?which is worth?
    Hi all, can i know which typ of gold should i buy, 22k, thai gold 23k,or 24k gold for necklace? which is worth to invest or sell worldwide? Which typ of gold is more recognise in e world? Thanks all:)

    • ANSWER:
      22 carat gold is that bit harder, and I recommend that as the highest carat for jewellery, especially chains. 24 carat is too soft unless it's very thick.

      18 carat is most popular in the West, or in the UK even 9 carat is popular.

      www.goldpalace.com is a good place to see some 22 carat stuff. Big Indian population in the UK too that all choose 22carat.

      Personally I only have 22 carat except for one 24 carat ring that is thick and custom made, and it scratches and dents really easil but I like the 'patina' it has gained from wear. It wouldn't at all be a good idea on a chain with such small components.

      You might want to consider Palladium because that's becoming increasingly valuable lately!!! just remember, Platinum started off the same way until it became popular in jewellery.

  35. QUESTION:
    Where can I buy gold bar and gold bullion?
    Could anyone plz tell me where can I buy gold bar,bullion I want you to give me a website which I go and buy without any worrying and if you tell me which gold is good one because there is different gold on the market if you tell me which country gold should I buy I live in Birmingham UK.

    • ANSWER:
      You can buy gold on eBay, from less than a gram to Kilo bars, coins and sovereigns

  36. QUESTION:
    What should I buy, gold or silver?
    I want to buy a chain necklace for me. Which is more preferred, gold or silver?

    • ANSWER:
      depends on your budget. I prefer gold as silver is very easy to tarnish.

  37. QUESTION:
    should I buy Gold and or copper?
    I inherited several million dollars from my grandmother. I think I want to buy gold coins because its safer then the market. I could hide them in my house under the bed and stufff.

    is this a good idea?

    or perhaps should i buy copper?

    I allready am independently wealthy I just dont know about these banks anymore or the market?

    • ANSWER:
      If owning too much of wealth is your problem then you should consult some professional wealth manager of repute and work accordingly

  38. QUESTION:
    What should I buy, regular or Gold Edition?
    I plan on buying RE5 for Xbox 360, but should I buy the Gold Edition. Or should I just buy the regular edition and then just purchase all the content from there.

    • ANSWER:
      If it's cheaper, just go with Gold.

  39. QUESTION:
    should i buy gold or silver earrings?
    i like gold, but gold looks fake lol even though it isn't. What should I stick with gold or silver?

    • ANSWER:
      It depends. What are you planning on wearing them with? What are you buying them for? It's just a very broad question. I think gold jewelry with red or brown clothing looks very nice, but if I were to wear something grey, black, or blue I would prefer silver.

  40. QUESTION:
    What is an average american with say 0,000 cash to do in these times?.....should i buy gold?

    • ANSWER:
      Boy, this is a really tough question to answer. If you think about it, everything points to inflation. Not in 2009 or 2010 because we are in a deflation period but after that, it will point to inflation (hopefully not as bad a what happened to Germany in WW1).

      Everything points to Gold, but Gold is already trading at a record high. If I had to make a bet and this is all it is, I would like currencies that have made the less amount of risk or uncontrolled printing. So the Chinese RMB or the Euro would be a good bet. In which, I would trust the Euro a whole lot more.

      Problem is, the EU might decide to do the same thing as in the US.

  41. QUESTION:
    Now that bank interest rates have been reduced to zero, should I buy gold and bury it in the back yard?

    I guess there's no reason to have a savings account!
    Mrsanswe... - There's only one thing wrong with the barter system, if things get that bad people will only want food.
    Mr. Peanut - I'm really glad I don't have a house loan.
    Mr. Peanut - I'm really glad I don't have a house loan.

    • ANSWER:
      I actually moved. quite a bit of my savings to Euros last November, and currently am moving more to gold.

      I simply cannot trust the fiscal policy of the current administration.

  42. QUESTION:
    Where i should buy the gold WoW!!?
    hey i know a guy who will sell the gold with low price.. and he can negotiate for the price too!! but hes just have 3 server i think. Stormreaver-Horde. Blackrock-H. and Korialstrasz-A. because he's a farmer not a croupiers who has a website. but you can trust him, i suer it. i was bought about 11k gold for him at Korialstrasz-Alliance. and its just . so if you want to buy some gold, buy from the farmer not from croupiers! =)
    you can contact him with Yahoo Messenger! Ned_Sellgold_WoW@yahoo.com

    • ANSWER:
      Why buy gold? its easy enough to get it and now that the ground mount prices have gone down there is no need. I have a miner that just collects copper ore and a stack of that goes on auction house for 5g a stack, find out what sells well and you can be swimming in it... i farm 3 hours a week ores and eternals and my lvl 75 gatherer has 15k gold, all earned with just playing.

  43. QUESTION:
    Should one buy gold at this time?
    OK, I have inherited a little bit of cash (K). I was thinking about spreading it around to make some money on it. I bought a T-bill, and some shares of McDonalds and WalMart already. I was thinking of buying gold if it drops into the 0 range. I can't help but think that Congress' "stimulis" package is going to be inflation trouble in the future. But it looks like we are going to be in a deflation for a good part of this year still. What think ye?
    How does an ETF work? I have only heard them spoken of and have no idea what it does for an investor

    • ANSWER:
      no more than 20% of your total investment should be in gold. It's a nice hedge against the devalued dollar (which is on the horizen). I personally buy the ETF, GLD, so I don't physically have to store the stuff. remember storing gold in a bank safety deposit box is usually not insured if a catastrophe occurs. If u store it at home, be sure to get an alarm system and contact your homeowners policy broker. An ETF is an exchange traded fund and u buy and sell on the exchange like u would a stock. The fund holds the gold, you don't. U buy at the rate of 10% of the current price of an ounce. e.g. If gold is selling for 0 per ounce, you'll pay about for one share (1/10 th of an ounce).

  44. QUESTION:
    what size should i buy in a atama new gold weave?
    im 14 and i am 5'8 im not sure what size i should buy because i want it to last a long time but i probably will outgrow it in a year or so if i buy an a2 size (specially because of the shrinking). what should i do? i am buying it black but before i do i want to know if i should because black is known to fade out pretty quick so does it look bad after wards?

    • ANSWER:
      I'd say go with an A3 and see how that feels. Ask somebody else in your gym to try on a gi to see what size you are.

      The reason I say A3 is because you are 14 and still a growing boy. Aside from that, once you wash and dry your gi your gi will shrink.

  45. QUESTION:
    Where should i buy dungeon fighter online gold?
    I need to buy gold so i can get the avatars i want instead of those bs gum ball machines.

    • ANSWER:
      Here I bought 20MDFO only about 11USD. I can't remember clearly. But any site place a trial order with little amount at the first time.

  46. QUESTION:
    Should I buy Heart Gold or Soul Silver?
    I am planning to buy one of the new Pokemon games for ds, but the problem is I don't know which to buy. I was thinking of getting soul silver because I like Lugia, but the cover art for Heart Gold is really captivating so the choice is hard to make (and no, I can't buy both). What do you think?

    • ANSWER:
      don't base your purchase off of whether you want lugia or ho-oh. you encounter BOTH of them in both games. the only legendary pokemon that are version-exclusive are kyogre (heart gold) and groudon (soul silver). besides the legendaries, they follow almost identical story lines. but the usual version-exclusive pokemon applies too. donphan in heart gold, ursaring in soul silver, etc.

  47. QUESTION:
    I am getting engaged wanted to know should I buy gold or a diamond ring?

    • ANSWER:
      Are you the male or female. If you are the female it isn't supposed to work that way. If you are the man, find out what she likes, what her ring size is etc.

      There is white gold, yellow gold and rose gold. So I would go with one of those and with a singular diamond. The cut and clarity is up to you. If you want the ring to be cheaper and more durable get a 9 carat gold ring instead of 18 carat gold.

      You can also buy sets, which are really nice as the rings match. They include the engagement and wedding rings.
      I would start looking at your local jewelers and seeing what they have. For an engagement ring you'll probably be looking at 0+

      :)

  48. QUESTION:
    Will my bank go bankrupt? Should I buy gold instead? ?
    Now that I saw on the news that 2 major banks went bankrupt today on CNN I'm wondering what to do. I'm with pcfinancial which is a branch of CIBC in Canada. Do you think that I maybe in risk of bankrupt? Should I start converting my currency into gold? How protected is CIBC

    • ANSWER:
      I don't know anything about Canadian banks. Here in the USA, bank deposits are "insured" by the FDIC, although at the rate banks are going under, I doubt that the FDIC could cover them all. If you are concerned, withdraw your money. You don't necessarily have to buy gold, although it will retain it's value during times of inflation much better than cash.

      Grandpa

  49. QUESTION:
    What game should I buy,Pokemon Heart Gold or Soul Silver?
    On Friday I am going to buy one. I was wondering what one should I buy. I was going to buy Heart Gold but I want an opinion from someone else. Can someone tell me what one to buy and why?

    ~Gerty~

    • ANSWER:
      Depends do you like Ho-Oh or Lugia? Attack or Defense? and dont listen to them play what you want

  50. QUESTION:
    What brand should i buy for GOLD eyeliner or shadow?
    Theres a lot of brands that are expensive..i want to know a good brand as well as a reasonable price. Do you know any good ones? you could recommend me a GOLD shadow or eyeliner if you didn't understand what i meant on the top.

    • ANSWER:
      Estee Lauder just came out with a great summer line with a brilliant gold eyeshadow. Their cosmetics are not cheap, but they aren't the most expensive, and because they are high quality the shadow will last on your eyes for an entire day. Try Shiseido for gold eyeliner. They have wonderfully brilliant colors. You may go to: www.esteelauder.com and www.shiseido.com if you wish to find a counter or order online.


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