Gold Investment

[Ben23]

I am researching gold and FIAT currency.  It seems that all the laws put in place by the Government and the Fed (concerning monetary issues) are there only to fight off the entropy of FIAT currency.  From the moment the FIAT currency is created it has a natural tendency to fall back to its intrinsic value of zero.  The Gov't and the Fed manipulate anything they can get their hands on with the intention of resisting and reversing the entropy of the money.  The only value FIAT currency has is our human belief in it.  That alone speaks volumes of our power.  Now, I am looking for more information on gold.  Where to get it? What the costs involved are? Things of that kind. So, anyone with experience in buying gold or recommendations on a good book... you're up.

[Roy Hobs]

Now, I am looking for more information on gold.  Where to get it? What the costs involved are? Things of that kind. So, anyone with experience in buying gold or recommendations on a good book... you're up.

I have been buying Gold for over 2 years now from these guys:

http://www.golddealer.com/bullionpage.html -- California Numismatic Investments California.


They have been great.  Free Insured shipping.  

What is weird is that a particular host on RBN has been talking heavily about Silver shortages; but I have never been denied buying Silver from CNI.  On one occasion when this particular host kept telling his audience that he couldn't get Silver, and saying that you can't buy silver anywhere except maybe at the pawn shop level, I was still buying silver from CNI.  I even emailed this host telling him to tell his audience where to buy Silver.  It seemed as I was ignored.  

It's weird.  

Anyway.............CNI is great and I recommend them highly.  

I am buying mostly Silver now as Silver seems to have value beyond the 'coinage' value of say Gold or Platinum.  In other words...............Gold is only worth the value that people put on it.  Silver has value beyond coinage as to it's practical applications.  

Just hedging my bets.  

My personal opinion is that most likely Gold will not be worth anything because of who owns and controls it.

But............there may be a window of opportunity where Gold goes through the roof and if you can time it out right, one might be able to 'cash out' of Gold quick enough to purchase Land or something of intrinsic value.  

I always tell people that if I could, I would buy barrels of Oil instead of Gold if I had a place to store it.  When and if the world economy collapses, Oil will still be worth something.  Gold maybe not.  

The morale of the story...... I'd buy Land with a natural water supply if I could.  Then I'd buy guns and make my stand.  Since I can't afford Land right now and because it is overpriced, I'm stocking up on Silver and Gold.

That's my take anyway.  Hope it helps.

[Ben23]

Thanks for your reply.  

I checked out the link and it seems there's a lot of controversy over the $20 gold coin.  I was previously warned to stay away from Numismatic Coins.  What advantage do you see, that they have over non-numismatic 1 ounce gold coins?

[Roy Hobs]

I was previously warned to stay away from Numismatic Coins.  What advantage do you see, that they have over non-numismatic 1 ounce gold coins?

First off, I wouldn't let the name -- Numismatics -- throw you off.  

CNI sells Bullion just as much as they might tend to push 'Numismatics'.  The first time I called and placed an order, they definately tried to encourage me to purchase Numismatics.  

I knew I wanted Bullion and requested so.  Although I did purchase some Numismatics and will probably sell them in the next few months.  They have increased in value ten fold --- but I also understand that collectables won't mean didly if they crash the world economy.  

If I were you, I would stick to just buying bullion.  I have even bought generic silver bars and rounds.  I have spread my gold purchases around from the Krugerand to the Eagle to the Swiss franc.  I also bought a juke bag of silver that I will sell soon or trade for Silver rounds.  I would also consider buying more Palladium as well.  The reason being that Russia controls most of the supply.  

Summary...................just because CNI stands for "numismastics" doesn't mean they don't sell Bullion.  

Purchase Bullion in Silver and Gold and.............................Lead.  

[Roy Hobs]

I meant to say, "Junk" bag of Silver........not Juke bag.  

The Silver bags of silver are too heavy and take up too much room.  I'd rather have Silver rounds or Gold coins.

[Ben23]

Perhaps, you could enlighten me.  I've become aware of the b@nkru_ptcy of the U>$>A.  I've become aware of the c0ntrol the  b@n_ks  have over the g()v't.  While the inf0rmati0n I have is limited only to what I read, it all points to g0v't c0rrupt!on, s3cr3ts, etc.  They also point me to the belief that I am the pr()perty of the U>$>A (a past pr3s!d3nt presented the b@nks with @m3ric4n b1rthc3rt1ficates as collateral for the n4t!n@l d3bt).  I d()n't see a p0int in living in this c()untry, if all that I work for is going to be tak3n @w4y to p@y off s0me0ne else's d3bt.  

I understand that if I knew the l@ws better I might stand a chance, so I am reading and researching.  I know that I am my own pr()perty.  It is wr()ng to have to be writing this in the 2Ist c3ntury, but this is a psych()L()gical w@r.  And many great writ3rs of the past @lluded to this...  The w@r for c()ntr0l the of the m!nd.  I am f!ght!ng a m3nt@l w@r and I can see fr33dom, but it will not f33l like it until I f!gure 0ut what is g0ing on.

I supp()se it all c()mes down to what we each believe fr33d()m to be.  So for starters, wh@t have you d0ne to s3cure your @$$ets?

[Ben23]

Thanks for taking the time to respond  

[Ben23]

Bullions seem to be the way to go.  They are selling at about 980 US Dollars an ounce.