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by Pig Renter
Tue Oct 11, 2016 12:43 pm
Forum: Off-Topic
Topic: Gold/Silver Bullion purchase for an ignorant rookie
Replies: 30
Views: 10523

Gold/Silver Bullion purchase for an ignorant rookie

I remember seeing some discussion a while back concerning either gold or silver buying, however I paid little attention because at the time I had little or no interest.

But now I'm thinking of buying a little gold for my dad for a Christmas present. Problem is I know nothing about the market as far as where and how to purchase.

I do know I want actual physical gold (coins or bars). I also know that neither I or he would care what art, design, engraving, etc is on the coins/bars. Just plain simple blank gold would be fine with me, especially if it cost more to buy something with fancy eagles, guns, faces, etc as part of the design. These will just end up sitting in his gun safe probably until the day he dies. He's not a collector.

So I'd like any advice on what the best method is to buy gold. Can I buy online? If so, from who and who can I trust?

I get confused at things such as why one bar of gold weighing five ounces cost more than another bar of the same size, weight, purity, etc when it is being sold by the same website?

Thanks

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