Good ways to buy gold?

[Anaconda]

Quote from MR.NBBO:


I bought from a fellow who had hundreds+ of transactions and a 98-99% positive feedback rating. This was late 2004-maybe 2005. After paying, the seller declared bankruptcy for his"online biz"--with no intention of fullfilling the auctions, as the bankruptcy, should take hold between the listing , payment, and ship times.

It was only 3 ozs., but my final straw with ebay. They did nothing & it would have to be worked out in bankruptcy.

Ok and if Tulving.com or APMEX or bulliondirect declares bankruptcy on you, how would that make it any different? Are you implying that he lied about the bankruptcy of his business to get away with 100s of orders that he did not have to fulfill? What is stopping any other reputable dealer from doing the same?

What happened to you is what essentially happens during a bankruptcy. No reason to expect EBay or Paypal to cover everyone's losses in that case.

My general point is to do your due diligence whether Ebay or any other venue for bullion & coins. There are plenty of Ebay sellers on whose auctions I decide not to bid after looking through their history. Just like most of the dealers out there, internet or physical shops, I would not even buy an ounce of silver from.

 

[love2puck14]

Quote from Anaconda:

Physical is actually the most expensive in more ways than one versus the ETF. It's question of real versus paper gold. There is a premium on physical for a reason.

Yes there is a premium but i was referring to holding gold as a long term holding. If you were to hold a gold etf for lets say 10 years. at 40 bps that adds up quickly. There will be an inflection point with the premium vs. the annual fee.

 

[plan]

only ETF you need is GDX which are the gold miners, and which as a group moves much better than GLD

 

[TraderZones]

Quote from Anaconda:

Well if you are such an experienced user, why don't you mention some real cases of Ebay rip-offs in bullion & coins, rather than punching up old stories via a google search? Oh yeah, cause you really just do not know.

I could not believe you are that simple-minded. And annoyingly persistent in your simplicity.

When YOU become a treasure trove of every company's list of complaints, then you can drone on with stupid statements such as above. As if you provide public data every time you post???????????????????????????????????????????????????????????
??????????????????????????????????????????????????????

In the meantime, you can join the ignore list, reserved for those trying to make the list of "ET dumb posts of the week."

 

[Anaconda]

Quote from TraderZones:

I could not believe you are that simple-minded. And annoyingly persistent in your simplicity.

When YOU become a treasure trove of every company's list of complaints, then you can drone on with stupid statements such as above. As if you provide public data every time you post???????????????????????????????????????????????????????????
??????????????????????????????????????????????????????

In the meantime, you can join the ignore list, reserved for those trying to make the list of "ET dumb posts of the week."

In other words, you're talking out of your ass, as usual. Keep pumping that shady bullionvault.com