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-   Investment Talk (https://www.talkofthevillages.com/forums/investment-talk-158/)
-   -   Would you invest in gold and if yes, how? If not, why? (https://www.talkofthevillages.com/forums/investment-talk-158/would-you-invest-gold-if-yes-how-if-not-why-29252/)

Bogie Shooter 07-20-2010 11:57 AM
Quote:
Originally Posted by Army Guy (Post 276686)
Star, the best place I have found to buy gold coins is through like GoldLine, etc that advert. Make sure they are good by doing web search, and then buy. I use to buy mine through Blanchard, which I found advert on Rush's Show. They were based in New Orleans. They got bought out buy Gold Line who G. Gordon Liddy adverts for.
Yes, with Mutual Funds all you have is paper and a promise. That is why I have the coins.

Army Guy
Looks like Goldline may be losing its glitter. On Good Morning America this morning it was reported they are under investigation for selling gold coins at over inflated prices. This company Glen Beck and Rush are pushing.


http://abcnews.go.com/Blotter/slides...-fire-11198000

Pats2010 07-20-2010 12:47 PM
Quote:
Originally Posted by Bogie Shooter (Post 277153)
Looks like Goldline may be losing its glitter. On Good Morning America this morning it was reported they are under investigation for selling gold coins at over inflated prices. This company Glen Beck and Rush are pushing.


http://abcnews.go.com/Blotter/slides...-fire-11198000
Do you trust ABC news? Just wondering

Bogie Shooter 07-20-2010 04:42 PM
Quote:
Originally Posted by Pats2010 (Post 277172)
Do you trust ABC news? Just wondering
I know I know I should be watching Fox News.....Xxxxx said so.

brostholder 07-20-2010 08:43 PM
Goldline is being investigated for pushing people towards gold coins, which they sell above the value of the gold content. IMHO I don't see what the advantage is to having gold coins vs. owning bullion that you know the market value of.

Larryandlinda 07-20-2010 09:22 PM
Goldline??
 
Quote:
Originally Posted by Army Guy (Post 276686)
Star, the best place I have found to buy gold coins is through like GoldLine, etc that advert. Make sure they are good by doing web search, and then buy. I use to buy mine through Blanchard, which I found advert on Rush's Show. They were based in New Orleans. They got bought out buy Gold Line who G. Gordon Liddy adverts for.
Yes, with Mutual Funds all you have is paper and a promise. That is why I have the coins.

Army Guy
FYI:
last night ABC's Nightline was not to kind to Beck and others
Here's a sampling of whassup
YMMV of course

http://www.google.com/search?sourcei...=goldline+scam


disclaimer:
we have bought and sold a little gold for 40 years mostly US and key foreign coins and selected gold stocks

L&L

Larryandlinda 07-20-2010 09:28 PM
fox/abc?
 
Quote:
Originally Posted by Bogie Shooter (Post 277210)
I know I know I should be watching Fox News.....Xxxxx said so.
after watching the dvd 'outfoxed' we we not so sure of our fuzzy favorite
anymore

got us thinkiing alright!!!

We don't believe all we see on the box either but looked up Goldline and read some tales of woe.

One of the questions we always ask is
"why are they so good to us with all these great deals?"

L&L

Army Guy 07-21-2010 07:03 AM
brostholder, the only problem with holding actual bullion is you have to pay to have purity checked and weighed before you can sell it. We had it at first and it was more of a hassle, changed to coins. JMHO

Army Guy

cashman 07-21-2010 01:14 PM
Gold Taxes
 
Is this true?

Obama snuck a tax on gold into the health care bill.

It appears the bill gives the IRS the power to force us to report and pay taxes on all gold we own.

If true what else is in this bill which taxes us and takes away our privacy and assets.

silvertoken 11-04-2010 07:41 AM
A great place to research precious metals is at Kitco forum.


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