Buying four one ounce gold coins or putting cash in bank?

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Hot Brass
Posts: 81
Joined: Wed Mar 06, 2013 8:59 am
Location: Ontario,Canada

Buying four one ounce gold coins or putting cash in bank?

Postby Hot Brass » Sat Mar 16, 2013 7:04 am

Hi: Would I be further ahead by placing my money in the bank to collect interest or buy,say,(4) one ounce coins?.What percentage can I expect to lose if I decide to sell my gold at a future date?
Looking to buy gold as an investment,good or bad idea?Thanks,Hot Brass

verdigris
Posts: 227
Joined: Wed Jan 09, 2013 11:51 am

Re: Buying four one ounce gold coins or putting cash in bank

Postby verdigris » Sat Mar 16, 2013 7:13 pm

Are you kidding me? A bank?!?

EXTREMELY DISTURBING: IMF Goes Directly After Bank Depositor Money

Start stacking my friend.

FWIW Ag is historically undervalued against Au ... it's best to have both. BTW, you should consider PMs to be a hedge against inflation or economic collapse, not as an investment.


Cheers


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