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Gold bullion inquiries - Open for details!

Started by Deerefan8420,

5 posts in this topic

Deerefan8420

Deerefan8420

Posted
Posted

My Dad is wanting to start investing in physical gold. Since I have been collecting coins and holding gold/silver bullion myself, he thought I would be able to help him get started(his words, not mine!) with his investing needs. I told him I would check with the good folks here to see what kind of offers he could get and that maybe this could turn into a regular thing. I told him the best route to go would be just gold bullion such as the gold American Eagles or normal 1 ounce bars. For right now though, he wants to "test the waters" to see what kind of offers he can get. I suggested that he purchase from APMEX, Provident Metals or one of the bullion suppliers but after seeing how high some of the premiums are, I think he wants to stay as close to spot as he can get.

 

So if you have any suggestions, or are able to make some offers, let me know and I will run it by him to see what he thinks. Please reply by PM.

 

Thanks in advance and we appreciate the help.

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Mr. Smith Guesser

Mr. Smith Guesser

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Has your dad considered the gold ETFs? Like GLD.

 

Personally, I like holding the physical metal. But if I had a very large chuck of money to invest into gold, I would definitely consider the ETFs. They can be a little cheaper for investment.

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