Quote:
Originally Posted by brostholder
Whether or not to buy gold at it's current record highs is an investment decision that everyone has to make individually. I personally believe that with the latest round of QE from the fed, that eventually we will see inflation that will make the price of gold go even higher. What I don't understand is why I would buy gold coins. Correct me if I am wrong, but it is my impression that gold coins are priced above their gold content value. This premium is based on nothing else but what another buyer would be willing to pay. What is the advantage of buying gold coins versus buying bullion or gold stocks?
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I'd have to agree with brostholder. Gold coins do not pay dividends and really, the coins are only worth what someone else is willing to pay for them. Gold is at it's highest right now. I believe in buying low and selling high.