Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
4 Answers
- exactdukeLv 71 decade agoFavorite Answer
I buy my Krugerrands from a local coin dealer. You can also buy from the government mint or kitco.
Source(s): www.kitco.com www.usmint.gov - 1 decade ago
First, I would not get in to gold bars. For the average investor, it's too much money. There are two ways: First, you've probably seen those commercials for the US Mint. Those coins are fine. They have a website that you can look at. The better way is by investing in a gold etf. Almost all of the big name investors that I know invest in GLD. The price of gold is a little high right now so I would wait for it to drop but GLD is your best bet.
Good luck!
Tim
Source(s): http://eleementary-finance.com/ - Spock (rhp)Lv 71 decade ago
seems like a silly notion to me.
the moment you take possession of either bar or coin, they will have to be safeguarded at your expense and later assayed to determine value before you can sell.
Get a list of the ETFs [electronicaly traded funds] from your sotck broker and see if there's one that owns only gold bullion. if there is, the trustee for it hanldes all the safekeeping and certifying value so your costs are minimal. Normal buy and sell fees for stocks would apply, which can be quite low at some discount brokers.
Source(s): times change -- get modern