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Alias Born 01/17/2003

Re: None

Friday, 01/17/2003 6:10:41 PM

Friday, January 17, 2003 6:10:41 PM

Post# of 32
I'm thinking about investing in Gold/Platinum Coins but have some questions...

1. What are the advantages and disadvantages of purchasing platinum coins instead of gold coins?

2. What are the advantages and disadvantages of Canadian Maple Leafs vs American Eagles?

3. Is buying & selling precious metals completely anonymous or confidential?

4. Are gold coins considered collectors items or currency? Is the value or liquidty of the coin affected by its age or condition?

5. Are gold/platinum coins worth more than their weight in gold/platinum?

6. Whats the best place to buy & sell precious metals?

7. How much gold or money can you be in possession of before the police are able to take it? You can legally travel on planes with $10,000 in cash, but how much if you are driving?

Investing in precious metals seems just like the stock market. In Feb. 1996 gold was worth $414 and in Jul 1999 it was worth $250. Its now worth around $340. It seems as though gold always makes a come back (it has to because its gold right?) and that buying low and waiting to sell high and make a profit would be easy.

Your comments would be much appreciated
Cheers

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