[s-cars] NAC Gold Update

[bill mahoney]

he he!
I would love to be mr $bags!  Like Don Quixote, I have been interviewing for
the job some 35 years I think.  But... the gov't,  Audigodz, wife, xwife,
and an overserving of kidz have proven to be some alternative good and bad
investments.  Guess which one was bad :]
FWIW I was not charged tax on a few American Buffalo coins, although I do
love to pay that very special Chicago Cook county 10% sales tax.  (Now
there's a bargain.)   For a while there I wasn't even charged at all until
after I had the coinage in my hot little handage.  No doubt some fine worker
eventually got to it.  Let's hope they don't go into the automobile biz.
Bill~stuffin' the mattress~M


On Wed, Dec 17, 2008 at 5:13 PM, <mtgadbois at aol.com> wrote:

> Dear Money Bags Bill:
>
>
> One feature of buying coins in Illinois that totally turns me off is that
>
> you pay sales tax.  That's enough to keep me away.  Anyhow I thought you
>
> were investing in cars!!!!
>
>
> I, personally, like things I can sell immediately, like my thoroughly
>
> wounded stocks, or things I can drink like wine.
>
>
> Mark near Chicago.
>
>
>
>
> Bill espoused:
>
>
>
>
> Folk's,
>
> A while back I had enquired to the all and knowing list about "how to buy
>
> gold?"
>
> I said I'd get back with what I had learned and so are a couple specific
>
> ideas.
>
> I would say the two best ways to acquire it are:
>
> 1.  Physical delivery... best done I think via gold coins.   Best coins are
>
> .9999% pure gold via US mint (American Buffalo coins) or Australian Perth
>
> MInt.
>
>      Only one coin (one oz. "Celebration Coin" is still available at the US
>
> mint.  The Perth Austalia mint currently is not shipping anything I think
>
> until early January, or who knows when.  I like the smaller 1/10 oz.
>
> unobtainium coins.  They are suppose to come out with .9999 "Double Eagle"
>
> in January, but given the state of the state who knows when if ever they
>
> might get it out.  Insert your own conspiracy theory here.
>
>      As our Illinois Gov. might say "the US Mint is F'n F'd up!"  I hope
>
> they do better with the car biz.... BUT, if the coin is available when you
>
> order, you will receive it eventually.  Calling often and making a friend is
>
> recommended.
>
> 2.  Gold/mining stocks, NEM and/or  ABX and ETF's, GLD and/or IAU.  Do your
>
> own research and by all means pls share.
>
>
> I am most assuredly not one to offer any investment advice and this surely
>
> ain't the place to do it and YMMV, but "I" "think" we may be in for a bit of
>
> inflation here and I don't think it will hurt to own something with
>
> intrinsic tangible value.
>
> My .002 FWLIW
>
>
> Bill~"I don't know where I'm a gonna go when the vol~cano blows"~M
>
>
>
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