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How/Where to start investing in gold

Hey guys! I want to get into investing in some gold while I'm still young! Where do I start and how do I start? Do you physically purchase gold coins/bars and follow how much it is price per oz, or do you invest in stocks on the stock market where if gold goes up, the companies stock goes up also? Thanks for all the help in advance. Im willing to read any links yall send my way!

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To start

Buy a silver dollar.


Keep an eye on silver prices, as well as gold.









It also depends upon your age.










As the saying goes buy low sell high.


Where to start?

Step 1: Build a time machine
Step 2: Go back about 10 years
Step 3: Buy low premium gold coins such as American Eagles
Step 4: Sell all or most of them last year (at the top) and now (at secondary high).

In other words, you are too late. You missed it. Better to wait for better prices a few years down the road.

Step 5: Ignore the advice of

Step 5: Ignore the advice of trolls.

The central banks aren't going to stop printing money. Get some 90% junk silver and some .999 silver bullion.


Simple Facts and Plain Arguments
A common sense take on politics and current events.


You cannot invest in gold. But you can speculate on its price.

You can also invest in Mining and fabrication companies.

But you cannot invest in gold.

Learn the difference or be prepared to lose whatever you "invest."

Thanks for all the help! Now

Thanks for all the help! Now if i buy an oz of gold/silver how do i track its value, going up or down?

So how do you know which coins to buy?

I'm also a young one. College student who wants to buy like a few ounces of silver just so that I can sell it in the future and be like "Hey I made 10 dollars!" Anyhow, I don't know anything about gold/silver. Why are there like a thousand choices of which coin to buy? How do you know which you should buy?

Cyril's picture

It's very personal,

It's very personal, in the sense that it depends much on what you want to do (save ? speculate some ? etc) ... but if I assume you just want to start building a safety net, my personal high level "rules" there are :

(some are just personal tastes without much rationalization; YMMV)

As much silver .99 as possible
As liquid as possible (some small coins, but for most, the ones of 1 oz)
No mention of "Dollar" on them; no mention of government either (psychology !)
instead as simple as possible : purity + weight
Nice looking if possible

That's pretty much it.




Thank you

So you're saying that the difference between an ounce bar and a coin is the liquidity? And that you happen to prefer liquid coins over bars. If I want to narrow my mindset on buying a coin, does it matter whether I get an American Silver Eagle, Canadian Silver, or a random willy-nilly coin with a Native American face on it? Thanks!

Cyril's picture

On merchant websites

On merchant websites, just look for, and take the time to read pages like this; they all have one of some sort:





I like to buy my Silver and

I like to buy my Silver and Gold from http://www.providentmetals.com/

they are a Ron Paul friendly site in honor of Dr.Paul they have made 3 special rounds with Ron Paul on them.

I just buy it hide it and watch the value go up.

Cyril's picture

That's where we go too !

That's where we go too, now ! Dear wife found them recently.

Didn't know about them supporting Ron !

Small world :)




they have some better prices

they have some better prices as well the over the spot pricing is lower then some other companies such as apmex which is another reliable silver gold site but pricey.

Cyril's picture

Yes, I knew about apmex.

Yes, I knew about apmex. I asked my dear to find some nice other place about that.

And she sure did ! Thanks for the insights.


