Re: Investing in gold?

Posted by GeneMO on September 10, 2009 at 14:03:17 from (209.183.51.45):

In Reply to: Investing in gold? posted by ~Lenore on September 10, 2009 at 10:50:40:

It may not be a good investment, but the 1oz bullion coins I paid $440 for are worth right at $950, and the $20 St. Gaudins I paid $575 for are selling for $1890. But the thing is I never intend to sell them, just pass them on to grandkids.

Silver is not as expensive and make great gifts. You can put a 1oz, pure silver coin in the Christmas stocking for less than $20.

I have also bought the little 1/10 oz gold coins and given them as gifts, but that was when I could buy them for $45 or so. Not any more!

I do agree food and items to trade are worth having on hand.

I kind prefer land myself, they dont make any more of that.

Good luck,, Gene

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