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About saving gold/silver

Started by Lord T Hawkeye, May 02, 2011, 04:11:01 PM

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May 02, 2011, 04:11:01 PM
This topic has come up with me a few times and I do have money saved up that I could spare but could someone more experienced in the matter care to tell me more about it?  How does it work?

I could probably spare 1000$ canadian for the record.
I recently heard that the word heretic is derived from the greek work heriticos which means "able to choose"
The more you know...
May 02, 2011, 04:40:50 PM #1
You don't "save" gold or silver. You own it. Take your money to a place that sells junk coins (coins with no numismatic or collectible value, only the value of the metal they hold) and buy however much you can get. Put a tiny bit aside for a safe or a strong box of some kind.
May 02, 2011, 05:00:11 PM #2
Quote from: MrBogosity on May 02, 2011, 04:40:50 PM
You don't "save" gold or silver. You own it. Take your money to a place that sells junk coins (coins with no numismatic or collectible value, only the value of the metal they hold) and buy however much you can get. Put a tiny bit aside for a safe or a strong box of some kind.

Got any recommendations for a safe/strong box?
May 02, 2011, 05:07:58 PM #3
Quote from: MrBogosity on May 02, 2011, 04:40:50 PMYou don't "save" gold or silver. You own it. Take your money to a place that sells junk coins (coins with no numismatic or collectible value, only the value of the metal they hold) and buy however much you can get. Put a tiny bit aside for a safe or a strong box of some kind.

Cool.  Any idea where to find places that sell coins like that?  I have found places online that sell gold and silver, like http://www.monex.com/  What do you think of places like that?
"When the mob and the press and the whole world tell you to move, your job is to plant yourself like a tree beside the river of truth, and tell the whole world—'No. You move.'"
-Captain America, Amazing Spider-Man 537
May 02, 2011, 06:35:12 PM #4
Whatever you do, do not not NOT own gold or silver in a warehouse in the US. Keep it offshore or in your home.

The Obama Administration has even claimed the power to go into any bank safety deposit box if it hasn't been accessed in 3 years!

Best thing is to find somewhere local. You could try the jewelry stores for a start.
May 03, 2011, 03:04:44 PM #5
@Obama

Wah?? Never heard anything about that. I kept my stash at home as a matter of principal
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