Monday, May 24, 2010
GOLD
Buy Gold
Seriously.
Go out and buy some gold coins. Like some South African Krugerrand Coins. Or American Eagle Gold Coins which seem to be way more popular at the moment.
I like the American Eagle Gold Coin in 0.100 oz and the South African Krugerrand in 1 oz. Go get some gold
Gold Coins are the best to have b/c they are easier to trade and sell than bars and they are easier to store and keep safe than bars. Get some and put them in a safety deposit box or put them in a safe thats immobilized. Or dig a hole and put them in in it and remember where the hole is. There are many pros to buying gold, one of which is b/c the price of Gold is going up and you could make some money, but another reason is that if everything goes tits up you can always trade in Gold. Investing in Gold mining companies is something I thought about b/c it would give me a indirect access to gold without the having to store a bunch of heavy coins. But then I thought, Gold is supposed to be my fall back plan, I want to have and hold it not just have a number on a computer screen which would disappear if everything went the way of the toilet. Well I digress. I didnt mean to get on a rant. I just think it would be smart to have some Gold nowadays.
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