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Best sort ! Can’t eat the real stuff as King Midas found out !I got quite a big bag of gold coins but, its decreasing in value a lot as now and then i dip into it and each the chocolate inside of them!![]()
It really depends on how much you were considering buying,if a lot you might need a safe installed,or place it with a bank,house insurance wouldn’t cover it unless as jewellery items.I have so many questions about the practicalities of this.
1) My wife looked at this (mainly for her parents) and wasn't sure how to assess the reliability of places selling gold.
2) If you decide to sell it, assuming you need to find a broker?
3) Most curious - do people keep this in a bank/safety deposit - or a safe at home?
I used bullionbypost, been around a long time, very professional, certainly not a hole in the wall operation. They will also buy back immediately. Buy and sell prices live and updated by the hour.I have so many questions about the practicalities of this.
1) My wife looked at this (mainly for her parents) and wasn't sure how to assess the reliability of places selling gold.
2) If you decide to sell it, assuming you need to find a broker?
3) Most curious - do people keep this in a bank/safety deposit - or a safe at home?
I use Chards of Blackpool to buy and sell physical gold, good prices and very fair.
Another option is Glint, sign up for an account and you can load your account with cash and then buy gold, dollars or Euros. You can then designate which choice will be used as currency for spending.
I'm sure I've not explained it very well but a visit to their site would be worth your time.
Personally I wouldn't touch them, if this is Glintpay that you are talking about. You don't actually hold any gold yourself and they say they are holding gold in Zurich in amounts of 1kg upwards. You cannot get your hands on it unless you pay a premium.For some reason I didn't give this suggestion in paragraph 2 any real consideration when I first read it, did anybody else? I've recently discovered their website clicking through various articles on MSN and it's sparked my interest. As mentioned above it's well worth carrying out your own due diligence. In the meantime can anyone on the board offer any insight into this organisation, good or bad?
Maybe I am being conservative but the last accounts posted were not promising and the structure appears complicated, multiple connected companies. I would be interested in their latest accounts since insolvency which have not been posted. Last accounts year end 2019.I'm aware of funds being frozen for financial reasons a couple of years ago, they found investment and it would appear all has been well since. Presumably you're not referring to that?
There appears to be safeguards in place separating customer interests from corporate funds.