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Buying physical gold
12 years 8 months ago #6840
by Paitech
Replied by Paitech on topic Buying physical gold
Monkeyz,
Try ur price with the price from atkinson..
Gold bars are cheaper atleast by 25£/Oz from Atkinsons...
ta
G
Try ur price with the price from atkinson..
Gold bars are cheaper atleast by 25£/Oz from Atkinsons...
ta
G
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12 years 8 months ago #6820
by Monkeyz
Replied by Monkeyz on topic Buying physical gold
I bought some silver from Guernsey Mint last Thursday having waited for $19.50 for the past 7 months!
Living in Guernsey I went to the Jewellers they operate from to pick it up rather than using the online functionality.
Cheers,
M.
Living in Guernsey I went to the Jewellers they operate from to pick it up rather than using the online functionality.
Cheers,
M.
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12 years 8 months ago #6817
by Paitech
Replied by Paitech on topic Buying physical gold
Buffet,
One of the best and cheapest place I have been told by "J5ack5k" on POG bb is below.
www.atkinsonsthejewellers.com/
They seem very good and I have talked to them today.
I feel, even with SG or GS saying gold will go down when QE stops, I dont think that will happen.
People in India, China still buy gold, and I know this as I was in India and have seen this.
Gold is very important in weddings.... and people buy around 2 to 5Kg per weddings.. (midle class to upper middle classs). Rich people do buy more..
So, I think with less amount of Gold to be dug, its still got the value and I shall be buying more bars.
www.cnbc.com/id/100837732
www.dailymail.co.uk/money/markets/articl...s-Goldman-Sachs.html
Ta
G
One of the best and cheapest place I have been told by "J5ack5k" on POG bb is below.
www.atkinsonsthejewellers.com/
They seem very good and I have talked to them today.
I feel, even with SG or GS saying gold will go down when QE stops, I dont think that will happen.
People in India, China still buy gold, and I know this as I was in India and have seen this.
Gold is very important in weddings.... and people buy around 2 to 5Kg per weddings.. (midle class to upper middle classs). Rich people do buy more..
So, I think with less amount of Gold to be dug, its still got the value and I shall be buying more bars.
www.cnbc.com/id/100837732
www.dailymail.co.uk/money/markets/articl...s-Goldman-Sachs.html
Ta
G
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12 years 8 months ago #6786
by buffet
Replied by buffet on topic Buying physical gold
Paitech
Yep it is a rip off. Selling back to them will incur another 2% margin. You can always try private sellers on ebay. However your will be open to fraud. The smaller the margin, the bigger the risk.
For pure investment, I deal in paper gold (PHGP) ETFs It is no where near as fun as handling real gold but the slippage is much smaller. I find them ideal for trading.
Have fun
Buffet
Yep it is a rip off. Selling back to them will incur another 2% margin. You can always try private sellers on ebay. However your will be open to fraud. The smaller the margin, the bigger the risk.
For pure investment, I deal in paper gold (PHGP) ETFs It is no where near as fun as handling real gold but the slippage is much smaller. I find them ideal for trading.
Have fun
Buffet
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12 years 8 months ago #6782
by Wreckless Eric
Replied by Wreckless Eric on topic Buying physical gold
Paitech, might be a few links not mentioned here under "Gold & Silver Bullion & Coin buying Links Info" last but one thread under forum, started on Chartsview earlier in the year.
Maybe Silver to outperform Gold?
Beat up Gold & Silver miners to bottom out sometime this year?
Maybe Silver to outperform Gold?
Beat up Gold & Silver miners to bottom out sometime this year?
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12 years 8 months ago #6781
by Paitech
Replied by Paitech on topic Buying physical gold
Thanks Annes Goal, & buffet..
The problem I am seeing is, the price of 1 Oz gold bar is around 890£ in both websites...
if I convert that to $, with current rate 1.542857142857143, it give me 1374$ /Oz.
But the current value as I type this is 1297$/Oz.
Is there anyway or place I can get the physical gold for closer to the spot price of the gold ?
ta
G
The problem I am seeing is, the price of 1 Oz gold bar is around 890£ in both websites...
if I convert that to $, with current rate 1.542857142857143, it give me 1374$ /Oz.
But the current value as I type this is 1297$/Oz.
Is there anyway or place I can get the physical gold for closer to the spot price of the gold ?
ta
G
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