Gold buying for investment?
aubs2539 asked:
I have a bunch of cash laying around and want to invest in gold and want to know if it is better to buy gold bars or gold coins. What is your opinion and what has a better resale price when i want to sale it later in life and what is easier to sell and if i were to buy a gold bar who could i sell that gold bar to in later life.
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I have a bunch of cash laying around and want to invest in gold and want to know if it is better to buy gold bars or gold coins. What is your opinion and what has a better resale price when i want to sale it later in life and what is easier to sell and if i were to buy a gold bar who could i sell that gold bar to in later life.
April 19th, 2010 at 10:50 am
Do not invest in gold. There are so many reasons why that is a bad deal, but if you want more information, check out Dave Ramsey. He has all the info on why gold investments are a total rip off. jackbondnj
April 20th, 2010 at 5:43 am
Gold is never a good long-term investment due to its nature of going up and down inversely with the price of oil. Right now gold is at an all-time high and is probably ready to take a nose dive. Wait for the price to crash before you scoop any up. Luka