When buyin gold for investment purposes is a gram of gold flakes worth the same as a gram of of gold in coin?
G S asked:
I am trying to find out if buying gold flakes or gold wire is worth it, whether it is the same as buying the equivalent in a gold coin etc. I have a chance to buy an ounce in gold flakes and I am trying to find out what it is worth. Being that an ounce of gold is going for about a thousand. Any help would be greatly appreciated.
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I am trying to find out if buying gold flakes or gold wire is worth it, whether it is the same as buying the equivalent in a gold coin etc. I have a chance to buy an ounce in gold flakes and I am trying to find out what it is worth. Being that an ounce of gold is going for about a thousand. Any help would be greatly appreciated.
March 9th, 2009 at 9:54 am
lol i dont think gold flakes are a smart way to go…it’s for eating…not something that i think will be very popular…hm maybe 1% of the population will eat gold flakes…i mean comon lol
March 10th, 2009 at 6:34 pm
Gold coins are worth more because they are relics but they are hardly ever pure And if you live in Tasmainia i know a place were can mine about 2 ounces of gold a day
March 11th, 2009 at 10:36 pm
An ounce of gold if an ounce of gold–flakes or wire.
March 14th, 2009 at 8:40 pm
An ounce is an ounce - but coins are easier to buy and sell, they are the standard.
Aside from that - now is not the time to be buying gold.
March 15th, 2009 at 6:17 pm
ehh re:gold … 28 oz of pure 24k gold is probably worth close to a thousand bucks currently however you melt it
but know logic would say this is a seller’s market … however there are some who think it may rise to 6 or 8k $ … i dunno
gold is a great substitute for old fashioned swiss banking, if you have a good place to hide it, that no one knows of
only other options are diamonds (worthless really but … another story) .. and coltan … then ur other precious metals
when buying gold, i personally say go for maple leafs or swiss rectangles lol .. the other coins are mixed with junk metals .. krugerands, american eagles etc