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Reply #13: buy local, no reciept, under 10k dollars in any one purchase [View All]

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junker Donating Member (403 posts) Send PM | Profile | Ignore Tue Jan-06-04 05:14 PM
Response to Reply #12
13. buy local, no reciept, under 10k dollars in any one purchase
no receipt means no paper work for irs means no paper trail to you. You get the metal so you do not need the paper reciept. Under 10k dollars means that no federal paper work is required. Places less onus on the coin dealer. Buy bullion so you don't care about grades (opinions of extra worth) because when TSHTF the 'extra value' will evaporate to the melt price anyway.

Buy local coin shops. get to know the owner. Use a 'nom d'convenience' and proceed with known coin types. Can't go too wrong.

AND note this
A pure one ounce of gold in a coin form, say like an eagle or a maple can be used as a template for other coins claiming to be the same weight/purity. In the sense that a cut out in cardboard of the circumferance, and an edge-on view cut out will act as a purity indicator in that any other coin of that type must pass through these size slots to be the same purity of gold. Make sense?

Buy quick. Gold going to rocket really damn soon. Along with silver. Most I can afford is a bit of silver occassionally.

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