Okay I cant afford it right now. I realize that. However, next October our bankruptcy plan should be complete. That leaves almost $200 a week that we are currently living without. So I am thinking that I might like having a little bit of gold in a safety deposit box along with having an emergency fund in savings. Where can I buy gold at? Is silver or platinum a good idea?
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I am sure you can find a gold broker in the phone book. Find one where you can purchase ingots of gold, then you will know you are not being screwed. If there is a dental lab in your area (the place they make crowns, bridges, etc.) they will be able to point you in the right direction. -
Make sure and read up all the information you can get and do alot of research on gold. Alot of people beleive it's a good investment but just like anything prices can fluctuate very quickly!Comment
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My reply, is based on what a co-worker has done and continues to do to this day.
Don't buy gold/silver bullion.
Buy old coins with high mintage. The french 20 franc is a good example. Solid gold, but it's value is more for the gold, then the antiquity.
Silver dimes/quarters/dollars. Again, high mintage and the type that's just readable.
Usually the coin stores with have a basket with the coins loose in it. These are just "Worthless" except for their silver content.
This comes down to using them later (If need be) to purchase/trade them for something you need.Comment
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