> .9999 Gold Shot for investment?

.9999 Gold Shot for investment?

Posted at: 2014-12-05 
There is so much wrong with your question. I suspect you are considering investing in a SCAM.

Gold can be bought for investment in many ways; bars, coins, ETFs, etc. In 30+ years of investing, I have never heard of using "gold shot".

.9999 gold is appropriate for investing. It is too pure (and thus too soft) for jewelry. That inconsistency is what makes me think you are being set up for a SCAM.

Please don't believe the "gold bug" end of civilization conspiracy nutcases. Gold and silver would be worthless in anarchy. The other answer is correct about canned goods, bottled water, and ammunition.

So let me try to understand this. Some company is "advertising" to sell their gold to you. (They realize now is a good time for them to sell their gold, because...?)

You think the dollar will soon be worthless, so when you want to buy something in the future, you think jewelry quality gold will be the best medium of exchange. Is that right?

So the government, with its currency worthless, would never confiscate privately owned gold, because they have already done it once and would never do it again. Is that right?

IMO, if the dollar is worthless, there will be blood in the streets. Our so-called society would collapse. The only commodities worth having at that time will be clean water, MREs and lots of guns and ammunition (and I mean lots of ammunition)

What would life be like under that scenario? Watch The Walking Dead, for an example. There won't be any zombies but there will be thousands of desperate people that will make a zombie look like a good Samaritan.

Load up on gold coins if you really think the worst is coming, but remember, when you want a loaf of bread or some medical supplies, you won't want anyone to know you have a bar(s) of gold.

(the worst seldom happens. in time you will look back at this and chuckle. but, I have been wrong before)

I saw .9999 Gold Shot for sale. but they said it was not untended for collecting or investing. only for uses such as jewelry making.

if i am only buying gold because the US dollar will soon be worthless and I believe my government would never confiscate all privately owned gold, i mean, they would never do it a second time, what difference does it make if i hoard gold jewelry, coins, bars or shot?

wont a buyer just give me spot price and melt it?

just wondering why they say it is not untended for collecting or investing.