Gold Buying Guide

Meena Ganesan asked:


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.

Meena Ganesan asked:


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.

not-the-one asked:


I keep reading and hearing about how the economy is going to collapse and the dollar will be worth nothing. I’m also told I should buy gold, silver, palladium, whatever… Why are these people so willing to sell me these preciouse metals in trade for my money when they say I should buy this stuff because my money isn’t going to be worth anything? Wouldn’t it make more sense to their best interest to have as much gold as possible instead of the dollar?

Recession Guy asked:


Would it be reasonable to tell people who are convinced inflation is coming, but not ready to buy gold and silver yet, to at least exchange their money into coins?

This is what hyperinflation looks like in Zimbabwe
http://humorland.wordmess.net/20081025/what-the-real-crisis-is-like/

Let’s think back. According to www.coinflation.com, pennies and nickels are ALREADY becoming worth more in metal value. That means, if inflation goes ANYWHERE UP, at least coins will be worth face value or more.

If you were in Zimbabwe, and you had a few pennies, who cares if a dollar is now worth 1/100000 what it was? A penny is still worth a drop of copper or zinc, right?
Oh yes, I KNOW silver and gold are good, but outsiders don’t know anything about why precious metals are expensive, plus if they didn’t do their homework, they’ll think precious metals are DEPRECIATING today. Melt value CAN drop from supply and demand, and the less worth your metal is, the more likely it’ll be used on a daily basis (for small things like food).

john wu asked:


what stcok exchange, accounts, etc. what are the names of some gold companies to buy shares of?

Sam asked:


I am looking for a shop which sells gold coins ni hong kong preferabbly they should have a website to.

Mysterious Stranger # 44 asked:


Is it smarter to buy gold from a stock broker or some other commodities agent? Or should one simply buy the bars and store them? But where can someone just go and buy the bars, and then where to later sell them. What is the smartest and most practical choice?

Nadia asked:


I want to go in with cash and walk out with gold bars.

seraphim_pwns_u asked:


A while ago, I remember encountering an MMORPG where, using real money, you could exchange it for in-game money (and vice versa) via some in-game process in association with Paypal, or somesuch. Does anyone know the name of this game, and whether it is still up and running?
Yes, I’m sure that it worked both ways… it was touted that it was a *real*, working, economy. When it came out, I applied to beta test it, but was not selected, and in hindsight, I was curious to see how it was doing… but can’t seem to remember its name anymore. IIRC, it came out around the same time as TES: Morrowind did… maybe a little later.
BDOLE: I’m pretty sure it was Second Life. Thank you!

dirkduff…: No, Guild Wars does *not* endorse gold/plat buying or selling in any way, shape, or form, and will, without hesitation, ban anyone who so much as *smells* as if they were buying or selling money, items, or accounts, let alone actually does it.

I’m talkin’ about *legit*, dev-approved buying and selling here.

ruthiecrue2 asked:


I have some scrap gold (old necklaces that broke etc.) and a gold crown from my tooth. How much do those companies pay you. How much could I get for a gold crown? (I had to get a crown replaced on my tooth and I kept the old one that they took off)