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Drdogface Drdogface is offline
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Join Date: Aug 2004
Location: Grass Valley, Ca
Posts: 4,964
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Some advice/? on buying Gold

Really late to the party for sure but better to get it now than later I suspect. I have never bought any gold except a few old US coins. I'd like to start buying buillion coins and stash them away...like half the universe is doing now it seems.

My local gold exchange (yes we have one in this small town..mostly in the past for the local miners and panners) is about $50 per coin higher than the larger internet companies. I like to buy stuff locally but if one is gonna but 25 grand over time that adds up. I guess I just feel nervous about sending a wire transfer to some guy on the phone for a promise that he'll send me a stack of coins in the next day or so...maybe I've been reading too many Nigerian letters

Do you guys who are saavy on this buy from one company in particular or buy in person or just what. I did a Google search and it seemed to me that MONEX had the best price and availability of the 24 carat stuff. My local guy can't even get Bufflaos anymore. Yes, Maple Leafs are less pricey but I'd like a few Buffys just cuz they're cool.

Should one dollar cost average like in stocks?

Is there any sense in buying smaller denominations in addition to the one ounce coins? What ever else in the way of advice you have will be most welcome.
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