Thursday, June 28, 2012

Q&A: what's the re-sale value of Gold where you are..? | Gold ...

Q: what?s the re-sale value of Gold where you are..?

like what if i buy a gold necklace and earrings for a lot of money, is it an investment, or blocking my money?

Goldsenze Answer:

Unless it is a limited edition designer something it should not be treated as an investment. If you want to invest in gold, buy American Eagles. Backed by the US Government to be the stated weight and purity. I?ve used BullionDirect to buy gold/silver and have been happy with them. Most coin dealers/website charge too much of a premium for the coins. Good luck.

-Thought I?d clarify ? When thinking about jewelry increasing in value think along the lines of how many cars out there increase in value ? there are a few, but they are very rare with the majority loosing value the second you buy one.

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