Easiest and safest way to procure gold

take everything

Hi.
I'm addled.
I understand that having a percentage of your wealth in gold is probably not a bad idea.
Please can you advise me on an easy and safe (reputable sellers) way to buy gold, preferably gold you can keep yourself.

Secondly, is there an easy and safe way to buy German bonds anyone knows of? The other thread seems to have gotten sidetracked into an argument over Irish bonds.
Apart from commodities, are German bonds the proverbial cockroaches in a Euro breakup.

Other currencies: how would you buy a significant amount of another currency and which would be worth buying.

Thanks.

Wudyaquit

Goldmoney.com and bullionvault are probably the 2 biggest sellers of physical gold - this is arguably the safest way of investing in gold. You don't get the gold into your hands - not sure what the best way of doing this is, but the costs and hassles of buying, selling and storing would put me off.

Otherwise you can buy an ETF - this is an investment fund that you invest in and the fund managers buy gold with it - it's traded like a stock so you'll probably need to open a stock trading account.

Eagle star have a gold fund:
https://www.zurichlife.ie/static/documents/SI_GF_BR/Gold_Fund_Brochure.pdf?docTag=
and rabodirect have a fund that invests in gold mining stocks.

Personally I'd recommend the first option, specifically Goldmoney.com.

Jim2007

take everything wrote: »

Secondly, is there an easy and safe way to buy German bonds anyone knows of? The other thread seems to have gotten sidetracked into an argument over Irish bonds.

You could always open an account with the German Federal Government, there is the the website:

http://www.deutsche-finanzagentur.de

Jim.

WildBoots

take everything wrote: »

Hi.
I'm addled.
I understand that having a percentage of your wealth in gold is probably not a bad idea.
Please can you advise me on an easy and safe (reputable sellers) way to buy gold, preferably gold you can keep yourself.

Secondly, is there an easy and safe way to buy German bonds anyone knows of? The other thread seems to have gotten sidetracked into an argument over Irish bonds.
Apart from commodities, are German bonds the proverbial cockroaches in a Euro breakup.

Other currencies: how would you buy a significant amount of another currency and which would be worth buying.

Thanks.

1 oz philharmonics, maples, eagles and krugs are the best types of coin to start with, I prefer krugs myself.
Two good sites are www.coininvestdirect.com and www.apmex.com

I would avoid ALL bonds, they are not as safe as they seem, you would be better putting your funds elsewhere.

I don't buy other currencies but I do hold a lot of Canadian mining shares for which I'll receive canadian dollars when I sell, we'll see how that one works out!

WildBoots

Wudyaquit wrote: »

Goldmoney.com and bullionvault are probably the 2 biggest sellers of physical gold - this is arguably the safest way of investing in gold. You don't get the gold into your hands - not sure what the best way of doing this is, but the costs and hassles of buying, selling and storing would put me off.

Otherwise you can buy an ETF - this is an investment fund that you invest in and the fund managers buy gold with it - it's traded like a stock so you'll probably need to open a stock trading account.

Eagle star have a gold fund:
https://www.zurichlife.ie/static/documents/SI_GF_BR/Gold_Fund_Brochure.pdf?docTag=
and rabodirect have a fund that invests in gold mining stocks.

Personally I'd recommend the first option, specifically Goldmoney.com.

Bullionvault would be the better choice, they also sell silver too and the account is relatively simple to set up. I'd be wary of gold ETFs, who knows how much gold these things have backing them?!

ravima

yeah, beware of the old ETF's as some people say that there is more paper there than gold/silver to back up.

physical possession via bullionvault is my favoured choice as well.

www.bullionvault.com/