Where/How do you buy Gold?

johenmo · 30 June 2009

Everytime I see this question I think "at a jewellers. In the form of a ring. Then present it to the significant other and you'll be in the good books (for a while)".

antzlovinit · 3 July 2009

Re: Where to Buy Gold Bars?

Ageo said:
Sheesh they must be better than gold itself as a 1gram bar costs $60 which is a little over $20 per gram above from what you can purchase other bullion for. If you were to convert the $60 per gram into a per ounce price it would = over $1800

If you purchase an ounce bar its still $1278 which is over $100 per ounce above spot

Its silly places like this with hype garbage marketing (swiss wank bullion) that needs to be sorted out. Only idiots would buy bullion or any gold at that price.

So as you can see the company should be renamed to royale de wankers.

haha so true

Bron Suchecki · 10 July 2009

Re: Where to Buy Gold Bars?

Ageo said:
As for AGR i used to sell to them as i acquire alot of scrap gold (my line of business) they were 1 of the biggest refiners in Australia but after over capitalizing they shut pretty much the whole company down (they still operate a small refinery in WA im pretty sure).

This came from the GM of the sydney branch.

Ageo, come on mate, you know what you said above is BS. You spoke to Mike Still? You would have known he was talking about a division of AGR Matthey. You know AGR Matthey only shut down its jewellery/industrial products division, which was run out of Melbourne and had offices in Sydney, and that it was not "pretty much the whole company". You also know that AGR Matthey Perth refinery is not "small" - it processes 200 to 300 tonnes a year (circa $10 billion worth).

I don't have any problem with you advocating physical gold over deposit accounts with the Perth Mint, but when you knowingly mislead you lose all credibility.

Ageo · 10 July 2009

Re: Where to Buy Gold Bars?

Bron Suchecki said:
Ageo, come on mate, you know what you said above is BS. You spoke to Mike Still? You would have known he was talking about a division of AGR Matthey. You know AGR Matthey only shut down its jewellery/industrial products division, which was run out of Melbourne and had offices in Sydney, and that it was not "pretty much the whole company". You also know that AGR Matthey Perth refinery is not "small" - it processes 200 to 300 tonnes a year (circa $10 billion worth).

I don't have any problem with you advocating physical gold over deposit accounts with the Perth Mint, but when you knowingly mislead you lose all credibility.

Sorry Bron, i should have been more clear but you do need to understand their jewellery/manufactoring side was a major part of their business (heavily invested in stock etc)

Anywayz the question was directed towards people trusting certificates over hard bullion. To me a piece of paper is much more vulnerable then the real stuff.

ozbecool · 13 July 2009

Re: Where to Buy Gold Bars?

lifeisgreat1 said:
Hi mates,
.... where can I buy quality gold bars as an investment item?

You can buy GOLD BARS or COINS (9999 proof) here : http://www.adelaide-exchange.com.au/ and click BULLION icon.
But sometimes the BUY-SELL spread is pretty high, so wait until the price is right and the spread is not too high (On average it is ~ 2%, not bad when compared with other gold dealers).

The company has 3 shops in Adelaide (I bet there are similar places in other cities). But you can purchase on line with certified / registered mail delivery. This way you will have the physical items with you - not only paper certificates.

Where/How do you buy Gold?

johenmo

antzlovinit

Bron Suchecki

Ageo

ozbecool

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