Gold

[funkyman]

hi
Does anyone here know how I can invest in / buy gold?


cheers

R.

[duncan macgregor]

FUNKYMAN, The only time i nearly lost my shirt in NZ was about to do what you are asking now. Lucky me, i bought another house GOLDCORP ripped investors off. Their life savings gone. You buy the gold we keep it in the safe etc etc. They opened the safe whoopee nothing, or very little there. I will never buy invest in something as useless as gold. The price of gold is measured in US dollars . Gold has gone up but, then so has the NZ dollar so the actual increase is pathetic. Gold will go up and down but the price will even out to be relative to where it is right now. Have a rethink.
ALL THE BEST MACDUNK

[whiteheron]

One method of getting into gold is to buy shares in mining companies that produce gold
There are plenty of them , but make sure that you choose very carefully

Alternatively you can buy gold bullion if you prefer , but there can be problems with physically transporting and insuring it etc

Try a google search for gold bullion or similar
I am not sure if there are any bullion dealers in NZ
Try a google search for that too --- google can dredge up all sorts (no pun intended )

[Packersoldkidney]

Funkyman.

The funkiest place to invest in gold is apparently The Perth Mint. Do a google search. Very highly recommended, apparently. I have some bullion there, so it good enough for me. As Macdunk pointed out, previously people have been burnt by unscrupulous bullion dealers - the best thing about The Perth Mint is that it is backed by the Western Australian government.

Good luck in your search.

[Longtack]

Some people buy gold b4 a crisis Funkyman. Spill ya guts!!
Or more politely - why do you want to buy gold?

[stolwyk]

The Perth Mint is backed by the Govt, I believe. Google will show you. They store it for free.

I wouldn't go anywhere else.

Don't hold physical gold as I prefer Canadian Goldminers.


Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks. To visit archived posts, please use the Search button.

[StainlessSteelRat]

quote:Originally posted by funkyman

hi
Does anyone here know how I can invest in / buy gold?


cheers

R.

Check out the NZ Mint
http://www.newzealandmint.com (though i just checked the site and couldn't connect for some reason.

You may also want to read this article:
http://www.unlimited.co.nz/unlimited...4?OpenDocument

Cheers

[stolwyk]

THE GOLDEN CITY:

http://www.kitcomm.com/showthread.ph...&threadid=6667

[funkyman]

Great, thanks for all the replied. I'm much more informed as to my options now!!

[Alpine Dragon]

Sorry to dig up an old thread, But regarding the Perth Mint, How does one actually go about purchasing some gold through them and have it stored with the mint (For Free).

From visiting their site, it looks like you have to go through one of the Approved Dealers and from looking at the list, there isn't any New Zealand based Dealers, Also from reading around, it looks like you have to pay a fee to them for storage.

Please enlighten me.

Thanks in Advance