Advice on buying gold and silver coins?

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Joe100
Posts: 7
Joined: Fri Aug 21, 2015 9:46 pm

Advice on buying gold and silver coins?

Postby Joe100 » Sat Aug 29, 2015 3:21 pm

Looking for some advice about putting money into gold or silver coins.
I am concerned about future inflation, so would like to put some into coin. Would appreciate any advice about this, and direction to coin dealers that are reputable as well as people to look to for advice.

Also thinking about the price of the dollar and how this will affect the buying of gold and silver coins.

Thanks,

Joe

Bill in Burl
Posts: 437
Joined: Thu Sep 04, 2008 7:41 am
Location: Golden Horseshoe, ONT

Re: Advice on buying gold and silver coins?

Postby Bill in Burl » Sun Aug 30, 2015 3:52 am

If you are worried about future inflation, then invest in gold/silver stocks before you buy coins or ingots. The gold/silver producers know long before the consumer what's going on with the price of gold and what it costs to get it out of the ground. Any coins/ingots that you purchase now or in the future has 2-3 middle men in the line taking their profits before you get a chance.
Bill in Burl

Samuel
Posts: 29
Joined: Thu Jul 28, 2016 7:30 am

Re: Advice on buying gold and silver coins?

Postby Samuel » Mon Jun 05, 2017 1:25 pm

You can simply invest in gold bars, as it is the most popular and efficient way to invest money.


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