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SPDR Gold Shares Message Board

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  • investment_wanker investment_wanker Dec 8, 2009 5:08 PM Flag

    What gold coins to buy?? Help?

    You can buy coins or bars at - they are big and established. You will note the bars have small premiums over spot, whereas the coins also have a collectible component to their value. Chinese pandas seem the most sought after, but your safest play is to simply buy bars and avoid getting swept up in the collector frenzy mentality. Buy all dips on gold - it will go much higher in the coming decade. I wouldn't be surprised to see it fall back to $500 first, but that should be viewed as an excellent buying opportunity. There are few other investments, none I believe, you can track all the way back to Babylon and see tremendous returns over every generation. The day to day or year to year pricing is irrelevant. Just keep buying. Best thing about holding the real deal is THERE AIN'T NO PAPER TRAIL for the IRS, or your exwives, or any debt collectors.

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