Silver and Gold Bullion, Yes Bullion

I wish I could ..wasn't my post.

Thanks Wiz... I checked them guys out last night.... Going to give them a call on Monday..... Do you know if they are legit???? Looks like an easy process..... Do you know if there are any fees??? The transaction process didn't mention any.... Looking forward to this ||Peace_5.gif' border=0>||Peace_5.gif' border=0>

Open your phone book. Look for local access (where you can walk-in "cash and carry" they call it). My posts from earlier are less reputable. Sorry about that.

YTRBUCKEYE // look for .9999 or .999 on the coin itself.

At my dealer Gold bullion closed 699.40 At my dealer Silver bullion closed 14.46 Waiting for a mild correction, was waiting last week with this new surge across 700 today however, I hope to see a quick free fall this week to a lower plateau (was hoping last week) .. I still want to buy gold in the low 600s, and silver under 14.00 (my dealer just raised his fee by .10 to .60 + spot price on silver generic rounds last week.) YTRBUCKEYE, I use California Numismatic Investments (gold-dealer.com), but they happen to be within driving distance 18 miles one-way, so I save quite a bit on not having it mailed, paying for insurance etc., but I do leave looking over my shoulder in Inglewood etc. I do know they are reputable, but I am not touting them. Kitco.com, is reputable, again not sure of their delivery and insurance fees, but also online. Most of the time the minimum order is $2k for most online buyers, they'll discount you the insurance and delivery charges for higher. IF you can "invest" per se, $5k or more, magic doors open for you across the board... lower fees, personal account, give them your bank account #s, free delivery, etc, etc... However, If you can find a local reputable silver rounds, and gold bullion dealer THAT IS YOUR BEST BEST, from my current experience, and for all else who read this. ||clover.gif' border=0>

correction to the above: THAT IS IN YOUR BEST INTEREST

INTERESTING BULLION DAY: Gold screamed past $700 and Silver nearly stayed above $15 ... INTERESTING TIMES indeed.

well I missed out on buying more on Monday .. holding out for 620-640 per ounce... if we can see it again.

I am watching the overseas and overnight markets on silver and gold... Silver has just dipped below 13.00 ..and Gold is hovering around 686 ... I think I am heading to the bullion dealer on my lunchbreak tomorrow .. or Friday at the latest. At the least, I am buying $1k in silver bullion tomorrow. ||an_light.gif' border=0>

golddealer.com just raised their silver bullion sell price to +0.70 per ounce.. bastards .. only a few bucks .. but still noteworthy. At $0.50 above spot price I was complaining...in February.

wiz, just get a brokerage account and own the actual bullion in the account! Then you pay a brokerage comission and get MARKET prices, not these dealer spot prices.. Clients I had used limit orders to buy the stuff, you should seriously consider it. And you dont have to worry about the broker going out of business..you actually own it and could take literal ownership if you wanted to. Careful trying to pick a bottom, the metals have been on fire..a few days down wouldnt do anything to longer term bullishness on the charts.

wallstreet ||Peace_5.gif' border=0>

Taking literal ownership may become an issue.. I still like the "cash and carry out".. but appreciate the input. I balk on being able to cash out with a several grand invested, what if they don't have it in stock?

Wiz, Taking literal posession is like taking posession of a stock cert..if you buy it, the brokerage firm has to be able to deliver. I dont for the life of me understand the need to hold a hunk of gold or a coin in your possession.

What's so difficult to understand having several bullion coins in your possession?? It's like keeping money under the mattress. You know that pickle jar you have at home filled with spare change? How much space does that take up? Same thing except that's spare change. I picked up 80 more silver generic rounds today. 4 tubes. Each tube is approx about 1 1/2" W x 1 1/2" L x 2 1/4" D and holds 20 coins.. Really not much bigger than a vitamin bottle. Try it you might like it. ||smiley_3.gif' border=0>

wiz, After working at a brokerage for years I trust in their solvency and I would rather buy/sell market prices and not worry about stuffing the mattress. ||Peace_5.gif' border=0>

Couple of links for those interested in bullion news and more Overlooking supply/demand in regards to GOLD Good resource sight about Silver Two of my favorite sites to reference: TheBullionDesk FinancialSense.com I try to frequent both of those sites daily as they have some very informative guest columnn links in regards to the precious metals, as well as the US Dollar, the economy, inflation, and just over all insight into what is slowly emerging as LeRinkRat has suggested as well....

wallstreet awesome for you .. so what is your take on the inevitable pending inflation crisis?

And in fun, if you don't stuff the mattress with cash, when the power goes out due to some act of god or a natural disaster, let me tell you those ATM thingies don't work. What the hell do you do? So where is your emergency cash then? Nice and safe in the bank, your cards won't work at the store, and, forget about trying to fill-up at the gas station. So you have the pickle jar for the emergency. Dude, I thought you were a survivalist ||an_wink.gif' border=0>

wiz, If the world is ending, the last thing I will be worrying about is if my broker is going under and my investments are at risk. Inflation is an issue but to me that has nothing to do with holding an investment position in a brokerage account or in my posession. One small sidenote..if you own your home and hold this kind of investment you might consider reviewing your home owners policy to make sure it covers rare coins and such..most wont, so if you get robbed they will not cover that without a rider. I dont hold much in the way of posessions or wealth in my home..maybe I should consider having a small ammt but it has never been a "phobia" of mine.

I don't own any rare coins ... just generic silver rounds (bullion) and a several Gold 1 oz. .999 coins. ||an_light.gif' border=0> I live in southern Cali, EQ due any day, even if not, then perhaps a riot/rebellion, city street blockage due to immigrant march, rolling blackouts, what have you ... As far as getting robbed or burglarized, can't take the safe if it's bolted to the ground. . . I suggest you have some easily accessible emergency cash on hand no matter what.||Peace_5.gif' border=0> (didn't mean to imply hide it in your sock or anything) ||smiley_3.gif' border=0>

I am still very curious: " dont for the life of me understand the need to hold a hunk of gold or a coin in your possession", I assume you have a whole lot of trust in the US Currency, government, the future of both, and your accessibility to your "funds." ||confused.gif' border=0>

One last thing before I watch the Clippers and Angels both get demolished .. these are investments much more to the long term, than Oh I am selling tomorrow.. I have "invested" in Gold and Silver bullion, let's see what shakes out in the next 5 years on their value. ||peace.gif' border=0>

wiz, If there is a large percentage chance of default in our currency, government etc it doesnt mean that a publically traded company like a brokerage will automatically default. I think you connect currency and government with financial institutions and you shouldnt. If the value of your investment isnt in question, meaning that the price of the gold or silver isnt tanking, or the stocks etc..then it really doesnt matter where you hold the investment. The buying and selling and thus the price of the commodity is transacted by and through financial institutions so try as you might there is no way to side step the purpose and function of a financial institution. If my funds arent accesible it sure wont be due to the greenback falling to the earth, it will be for other reasons. Now if you REALLY feel this way, why would you own a house, a car, rely on any other source than yourself? Even if the government went into default, they wont lay claim to private posessions. This isnt Libya or Iran here..so to me your concerns are not necessary. You gotta do what helps you sleep at night, but for me I have ZERO doubt about the solvency of most top tier financial firms. And they have nothing to do with what the government does. A financial firm is a holder and server of our financial decisions..that is it and they get paid to serve to their investors. There is no connection between what Scottrade does as a business and the federal government. FDIC has no bearing on personal investments such as stocks and commodities. I feel SAFER holding my stocks and such at a broker than I do with certs at home.

wallstreet completely understood and respected ||Peace_5.gif' border=0> Thanks for the deba..umm discussion as usual ||smiley_3.gif' border=0> Wallstreet ||Peace_5.gif' border=0>