Where is the cheapest place to buy gold?
Websitehunter asked:
Where is the cheapest place to buy gold bullion in the US. I’m looking for a legit source that can give me good shipping rates & offer’s bullion close to spot value.
This entry was posted
on Monday, January 18th, 2010 at 12:00 am and is filed under Investing.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Where is the cheapest place to buy gold bullion in the US. I’m looking for a legit source that can give me good shipping rates & offer’s bullion close to spot value.
Anyone know anywhere cheaper to buy it than Apmex? With all the ad’s I see for Apmex, I feel like I’m paying a premium if I buy there.
January 18th, 2010 at 10:43 pm
Well, you could always buy gold ETFs like GLD. That way you dot have to worry about storing it and keeping it safe. But if you would like to buy physical gold, don try any of those ads/commercials on TV. Their fees are ridiculous. Europac.net sells gold. they only charge a 5-7% fee for it. Compared to goldline’s 30%. Also check out the pros and cons of taking in physical gold here: Senior Year YOG 2010
January 22nd, 2010 at 12:00 am
Try. They offer the option of owning Gold “on paper” at a lower cost, or having it in your possession - and guarantee to buy it back at current market “buying” prices. You can buy up Several ounces and save on shipping cost by having it all shipped at once. John B
January 22nd, 2010 at 4:17 pm
Try your local coin dealer KD7ONE
January 23rd, 2010 at 1:39 pm
Wherever you buy it, you will be paying a HUGE “premium” if you buy it now! For SIX HUNDRED YEARS, gold has bounced up and down with economic cycles and always reverted to its long-term inflation-adjusted price of roughly $350/ounce……do you REALLY think that “but this time it’s different!”….Really?
If gold DOESN’T “fall back” to about $310/ounce, it will be the first time that has not happened since chocolate was introduced to the Western world! ThinKabootit
January 26th, 2010 at 4:34 am
Buying the metal is expensive and totally not necessary. For under $15 you could have an expensive on-line broker buy the ETF “GLD”. No storage worries/costs. No shipping costs.
GLD is easily in the top 5 largest holders of gold on the entire planet.
Buying gold from a dealer is very costly. Even without shipping and storage. The built in markups are…. a rip off. Common Sense
January 26th, 2010 at 11:27 am
This site has a lot of great resources for beginning gold and precious metal investors. It has articles and books to help explain all of the different options and links to a ton of sources. Check out the articles that talk about other ways to benefit from the gold prices without having to actually buy the metal itself. There are a lot of ways to profit from gold, silver, and other precious metals. rasejunk@ameritech.net
January 29th, 2010 at 7:50 pm
Find a local refiner. ES