Gold Investing Knowledge Base
Questions about gold investing. How do I invest in gold? What are the tax and legal implications? I recently received an email for a gold investing website. They offer 25% of each commission when someone you refer signs up for an account and give you a free gram of gold for registering. Basically, you post the URL on your site. For example, mine is http://bullionvault.com/from/webpence . They allow you to buy and sell gold in either dollars, pounds, or euros, and you can store your gold in one of their vaults in either London, New York, or Zurich. My question is: What if any are the tax and legal implications of buying and selling gold through a site such as this? I also saw a similar arrangement at goldmoney.com and am wondering which site is better. I am hoping someone else out there has any information that might help. Other questions: If you buy and sell gold in the UK or Switzerland, do you have to pay capital gains either in the US or the other country? If you could store gold in either the UK or Switzerland, which is better? Thanks.
Need more information on Chinese Gold Investing? I have been a non-professional investor for almost two decades and have been hearing good things about China Mineral Company recently. I am interested in investing in gold, and am especially interested in China Mineral Company because of the location and the success of their first fiscal year. In addition, I was told that they have a unique partnership with the Chinese Government involving "exclusive mineral rights." Does anyone know anything about this? Do you know when China Mineral will open up shares to non-Chinese citizens?
What can you tell me about UTMA and investing in gold, silver, aluminum, and oil? I understand the UTMA regulations prohibit minors from directly owning equities. Do these same restrictions apply to gold, silver, oil, aluminum, steel, etc.? If not, what would you suggest to invest in, and is this strategy better than investing in such other means as mutual funds, bonds, or money market accounts? Thanks!
Can anyone explain the process for investing in gold? I tried to have my 401k rolled over to investing only in gold. They said that it could not be done since gold/silver is a commodity. Can anyone tell me the best way to get OUT of the market and get INTO gold? I am convinced our dollar will collapse catastrophically and only those with gold stand a chance at even surviving without being a ward of the state and enslaved. Your help is appreciated.
How much does investing gold actually cost? I was browsing around for a friend of mine.. he needed to know about the worlds no.1 supposely to be bank, the swiss bank.. then i came across the gold investment thingy they had and kinda got stuck there for awhile.. my question is.. how much does gold actually cost?.. ppl say invest in real gold, its profitable.. is dat true?.. why?.. how?.. if i do buy them from swissbank, how much does it cost + rental on he safe deposit box?.. sorry,, kinda really naive in this field.. wud appreciate it if anyone cud help..
What kind of market am I investing in if I invest in Gold Savings? What kind of market would I be investing in if I keep part of my wealth in gold. Is it the commodity market? But in commodity markets, people buy and sell Contracts. Therefore, I don't think keeping part of my savings in gold is similar to investing in commodity market. Any ideas?
Is investing in gold a good idea? I have a lot of money invested in mutual funds and am concerned with the recent drop in the stock market as well as the recent concerns with subprime lenders....do you think that investing in gold is a good hedging strategy? Do you think that the price of gold would rise if some of these lenders tank?
Is investing in gold a good idea? I have a lot of money invested in mutual funds and am concerned with the recent drop in the stock market as well as the recent concerns with subprime lenders....do you think that investing in gold is a good hedging strategy? Do you think that the price of gold would rise if some of these lenders tank?
question on investing in gold bulion? I have recently become intestered in investing in gold and after looking into various websites the whole process seems rather intimidating. I have found various websites offering to sell gold coins or bars and a few of them say they will buy back the gold they sell you but im not quite sure how the process would work and where else you would sell the gold you bought. any answers or tips on where to find reliable information will be greatly appreciated.thank you.
Help! On a Gold investing report? Have to make a report on gold investing and i dont know where to begin! Ask me ANY questions you may have about gold investing so that I can research it..plz! Whether its "Who pay the most?" or "How many competitors are their are their?"....anything!
Where can I buy and invest in gold bars ? Why aren't pple investing in gold? I found many dealers on internet that sell gold bars but I'm hesitant to purchase one rite now cuz I don't know which company is trustworthy. I would appreciate if u tell me how to buy and sell gold bars.
Advise for investing in gold? I would like to begin buying gold, primarily for investment purposes. Is the purchase of 24K gold coins from the US mint, such as the American Eagle, a good way to go? Are there any draw backs to buying gold in this way, aside from the obvious need to keep it secure? I would appreciate any advise. Thanks.
Whats the best advice to start investing and buying gold? Whats the best way to start? Is it better to buy bullion bars or coins? Does it matter what kind of coins? For example, Gold American Eagles over American Buffalos? Why does the face value of an American Eagle 1oz. is $50 when gold is worth almost $900, and the same thing with the rest of the American Eagle coins?
Investing in GOld and Selling back to get money? I have a questions for all experts in Gold investment. If you invest in gold (gold coins, bars, etc) Can you sell it back later on? to get money? If you do, where do you sell it to? who are the potential buyers???? I am beginner... please help! thank you...
Investing in gold versus the market? I know the market is down so it should be a great time to invest, but I'm still skeptical so I am thinking about investing in gold, which seems to have a decent rate of return over the long haul. How do I go about invest in it? I don't want to have gold myself, but how do I simply invest in it? Futures or something? Thanks in advance. Well, what would you suggest as an alternative? Nothing really seems that great.
Why is investing in gold becoming so popular right now? Is it the instability of 'the strong' currencies, or just dollar? All the currencies cant lose value, can they? well, what's the logical chain of the 'it's because of oil' answer? so you mean that investing in gold is useful only for americans as the change in euro/gold wont be so big?
How do i invest in Gold and redeem the money back? Want to know how to go about buying gold as an investment like where to buy?, how much to invest? Gold is available in how many Grams denomination. And finally when I want to sell it, will I get a same amount as the market rate on that day and will I get the full amount?
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