# When Investing in Gold... **URL:** \ **Category:** Factual Questions\ **Created:** [August 9, 2011, 11:45am UTC](https://boards.straightdope.com/t/when-investing-in-gold/592065 "2011-08-09T11:45:24Z")\ **Posts on this page:** 8\ **Page:** 2
**Author:** ![SmartAlecCat](https://avatars.discourse-cdn.com/v4/letter/s/67e7ee/32.png) [@SmartAlecCat](https://boards.straightdope.com/u/SmartAlecCat)\ **Post date:** [August 11, 2011, 11:41am UTC](https://boards.straightdope.com/t/when-investing-in-gold/592065/21 "2011-08-11T11:41:22Z")
Also keep in mind [taxes](http://www.groco.com/readingroom/tax_saleofcollectible.aspx). The manner in which you invest in gold can affect the tax rate of any subsequent gains. ---
**Author:** ![cantara](https://avatars.discourse-cdn.com/v4/letter/c/6f9a4e/32.png) [@cantara](https://boards.straightdope.com/u/cantara)\ **Post date:** [August 11, 2011, 1:49pm UTC](https://boards.straightdope.com/t/when-investing-in-gold/592065/22 "2011-08-11T13:49:30Z")
Yes, you can buy bullion and take it home. I’m not sure what good a couple of ounces will do for you though. Back around 1980 a family friend was convinced that gold will be the only means of trade in the future and had been buying bullion for years. We were discussing gold at our house one night and he ran out to the car to see if he had some with him. He came back in with a 10oz bar in a clear sandwich baggie. He said he found it in the back seat. I think it was worth about $4K at the time. I should have offered to detail his car for him… ---
**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\ **Post date:** [August 12, 2011, 3:46am UTC](https://boards.straightdope.com/t/when-investing-in-gold/592065/23 "2011-08-12T03:46:02Z")
Remember, fellow Dopers- it’s \*Buy Low, Sell High. \* ---
**Author:** ![dtilque](https://avatars.discourse-cdn.com/v4/letter/d/d6d6ee/32.png) [@dtilque](https://boards.straightdope.com/u/dtilque)\ **Post date:** [August 13, 2011, 5:47am UTC](https://boards.straightdope.com/t/when-investing-in-gold/592065/24 "2011-08-13T05:47:05Z")
> [@naita](#): > > Ignoring the possible differences in suitability, if one future scenario is making bullets you can get a lot more lead than gold for a given investment. More bang for your buck, so to speak. > > Of course if you also want to store your wealth in a commodity, and aren’t banking on the collapse of civilization, you might have a storage problem with a big investment in lead. I suggest diversifying. Good thinking. Some of your bullets in gold, some in lead, and, just in case there’s some non-zombie undead out there, some in silver too. I think we have a winning investment portfolio here. ---
**Author:** ![naita](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/naita/32/5862_2.png) [@naita](https://boards.straightdope.com/u/naita)\ **Post date:** [August 13, 2011, 8:21am UTC](https://boards.straightdope.com/t/when-investing-in-gold/592065/25 "2011-08-13T08:21:44Z")
> [@dtilque](#): > > Good thinking. Some of your bullets in gold, some in lead, and, just in case there’s some non-zombie undead out there, some in silver too. I think we have a winning investment portfolio here. How bout iron, for fairies? ---
**Author:** ![randomface](https://avatars.discourse-cdn.com/v4/letter/r/5fc32e/32.png) [@randomface](https://boards.straightdope.com/u/randomface)\ **Post date:** [August 13, 2011, 11:41am UTC](https://boards.straightdope.com/t/when-investing-in-gold/592065/26 "2011-08-13T11:41:12Z")
[http://drmcninja.com/archives/comic/10p41/](http://drmcninja.com/archives/comic/10p41/) How about holy bullets for ghost wizards? ---
**Author:** ![StusBlues](https://avatars.discourse-cdn.com/v4/letter/s/dc4da7/32.png) [@StusBlues](https://boards.straightdope.com/u/StusBlues)\ **Post date:** [August 15, 2011, 6:33pm UTC](https://boards.straightdope.com/t/when-investing-in-gold/592065/27 "2011-08-15T18:33:57Z")
\*\*Susanann \*\*didn’t post in this thread? Wow. Just…wow. Then again, I guess she hasn’t posted in three weeks. Happens, I guess. ---
**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\ **Post date:** [August 15, 2011, 6:41pm UTC](https://boards.straightdope.com/t/when-investing-in-gold/592065/28 "2011-08-15T18:41:14Z")
> [@voltaire](#): > > Just going by the amount of gold-related threads that are active around here, I would say that now is a _terrible_ time to buy. Crashes are almost always preceded by rush of new and inexperienced buyers. **Jinx** is getting into the market? Clearly time to sell. [Previous page](https://boards.straightdope.com/t/when-investing-in-gold/592065.md?page=1)