SO YOU WANT TO BUY SOME GOLD?

 

So, you've decided maybe to protect yourself with some gold.  You've overcome your internal objections:

A) It's already so expensive!  (Not compared to where it will be as the debt bomb expands.)

B) I don't know where to buy or how to store it.

Here's what you do:

1) Stacks Bowers has a weekly bullion auction.  You bid by .1 percent (1/10th of one perent) increments over the bullion price of gold (starting at .99 percent..) so you get your gold or silver  at the most competitive price. 

I get nothing From Stacks for this.  It's just the best deal on bullion.  

You buy some bullion and hide it anywhere,  It's very small in size.  Easily hidden.  Or put it in a safety deposit box in the bank.  

Unless you're super rich then you deal with someone like Mathew Pipenburg and you buy pounds of gold and store it in his vault.

DO NOT TRADE PAPER GOLD.  It's extremely volatile and you will be forced to sell at a loss on one of the planned Fed raids on the gold price. 

2) If you are a little more adventurous you can buy limited run gold in any number of Heritage weekly auctions.  All the european mints put out limited (1000 piece editions or less - down to editions of 20).  You bid on them at weekly auctions so again you get the most competitive price.

Some of these have taken off and doubled in the last couple of years.  French 5 franc piedfort gold Roty sower coins in editions of 200 are at least double bullion price.  Some in low mintage are triple bullion. Peruvian 100 soles and 50 soles in ms 65 66, 67 have doubled and tripled.  Certain British mint limited editions like the Three Grades or the VIctoria Gothic head gold one and two ounce coins have doubled and tripled.  And just recently the French Gold Angles of 100 francs from the turn of the 20th century have taken off in higher grade.

You need to learn about this market.  And the ones I've mentioned have already taken off.  But there are many to choose from.  Some from the Dutch mint have great images that resonate with early US coinage and those are still closer to bullion for example.  There are Modern Cuban and South American that I'm not so familiar with but they are becoming popular.  And of course there's the Chinese mint which has a plentiful and varied output.  Some are already popular.  More recent issues trade close to bullion and some are in very low mintage.

I get nothing for this from Heritage.  

But the great thing about Stacks and Heritage is they both have excellent customer service and are fully insured against mishaps - like mail deliveries that don't arrive for example.  

Also, check out the bi weekly CNG auctions for US mint gold at good prices.  They got a big consingment of US gold but it won't last for ever.

I get nothing from CNG by the way.  But again, a good honest company.

So get started.  The gold bull is only just beginning.  It will run until the major first world countries sort out their massive debt problem.  That's got to take at least 3-5 years.  Optomistically.

And if they can't sort them out without World War III then you will really need the protection.