Comments on: All these people in TV buying Gold. What’s up with it? http://www.goldbuyingguide.com/blog/all-these-people-in-tv-buying-gold-whats-up-with-it/ Fri, 18 May 2012 01:09:46 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Linda http://www.goldbuyingguide.com/blog/all-these-people-in-tv-buying-gold-whats-up-with-it/comment-page-1/#comment-1393 Linda Sat, 27 Jun 2009 08:58:26 +0000 http://www.goldbuyingguide.com/blog/all-these-people-in-tv-buying-gold-whats-up-with-it/#comment-1393 It is not at all a conspiracy GOLD gives you the best value of your heard earned money ... It has immense value ... Regards, It is not at all a conspiracy GOLD gives you the best value of your heard earned money … It has immense value …

Regards,

]]> By: Online http://www.goldbuyingguide.com/blog/all-these-people-in-tv-buying-gold-whats-up-with-it/comment-page-1/#comment-1392 Online Sat, 27 Jun 2009 04:02:49 +0000 http://www.goldbuyingguide.com/blog/all-these-people-in-tv-buying-gold-whats-up-with-it/#comment-1392 It's cheap to advertise on TV, now; 2. It's more cost-effective, because there are more people than ever willing to part with jewelry. It isn't ... I thought about it too and wondered why they're sooooooo eager to buy peoples gold. It’s cheap to advertise on TV, now; 2. It’s more cost-effective, because there are more people than ever willing to part with jewelry. It isn’t … I thought about it too and wondered why they’re sooooooo eager to buy peoples gold.

]]> By: InspectorBudget http://www.goldbuyingguide.com/blog/all-these-people-in-tv-buying-gold-whats-up-with-it/comment-page-1/#comment-1391 InspectorBudget Thu, 25 Jun 2009 23:57:02 +0000 http://www.goldbuyingguide.com/blog/all-these-people-in-tv-buying-gold-whats-up-with-it/#comment-1391 Gold is generally regarded as an inflation hedge. however, buying gold presents a whole bunch of problems: You have to store it somewhere, away from thieves and natural disasters. The gold is NOT insured by FDIC or anyone else, unless you buy insurance, which will cost you. People may not accept a big bar of gold for things ( if you try to buy anything with it ); they cannot make change! The gold you buy has to be professionally appraised - again costing you money. Finally, and this is important - the government may at any time declare that the hoarding of gold is illegal and confiscate everything you have. It has happened before in some countries. The way to make profit in gold is NOT to buy and hold the metal, but to sell it to another person for a higher amount of cash. Gold is generally regarded as an inflation hedge.

however, buying gold presents a whole bunch of problems:

You have to store it somewhere, away from thieves and natural disasters.

The gold is NOT insured by FDIC or anyone else, unless you buy insurance, which will cost you.

People may not accept a big bar of gold for things ( if you try to buy anything with it ); they cannot make change!

The gold you buy has to be professionally appraised - again costing you money.

Finally, and this is important - the government may at any time declare that the hoarding of gold is illegal and confiscate everything you have. It has happened before in some countries.

The way to make profit in gold is NOT to buy and hold the metal, but to sell it to another person for a higher amount of cash.

]]>