ChartsView - Stock Trading Community

Buying physical gold

More
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
The following user(s) said Thank You: Libero

Please Log in or Create an account to join the conversation.

More
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.
The following user(s) said Thank You: Libero, Paitech

Please Log in or Create an account to join the conversation.

More
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
The following user(s) said Thank You: Libero, Wreckless Eric, buffet

Please Log in or Create an account to join the conversation.

More
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
The following user(s) said Thank You: remo, Paitech, not-just-anytradr

Please Log in or Create an account to join the conversation.

More
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?
The following user(s) said Thank You: remo, Paitech

Please Log in or Create an account to join the conversation.

More
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

Please Log in or Create an account to join the conversation.

Moderators: remo
Time to create page: 0.087 seconds
Powered by Kunena Forum