All About Gold » Currency http://goldinflorence.com Gold Discussion Board Tue, 27 Jul 2010 08:48:11 +0000 http://wordpress.org/?v=2.8.2 en hourly 1 What are the laws in the US for buying gold with federal reserve notes? http://goldinflorence.com/693/what-are-the-laws-in-the-us-for-buying-gold-with-federal-reserve-notes/ http://goldinflorence.com/693/what-are-the-laws-in-the-us-for-buying-gold-with-federal-reserve-notes/#comments Fri, 07 Aug 2009 01:07:05 +0000 http://goldinflorence.com/?p=693
I want to know the nuts and bolts of investing in gold. I heard that there are laws that make federal reserve notes “irredeemable” in gold. Do i have to exchange currency and buy gold in say Europe? Is this something any broker can do, or is it better to get with a specific kind of broker?

The money I have to invest is understood to be “losable”, and I know how volatile gold is, but I want to buy now because I think its going to up quite a bit pretty soon. Im not going to invest anything I cant afford to lose.

Thanks

Nikki ]]> http://goldinflorence.com/693/what-are-the-laws-in-the-us-for-buying-gold-with-federal-reserve-notes/feed/ 2