Gold Line

copperhead

copperhead

Active Member
A company called Gold Line has an offer called - accumulation program -
Once a month a payment is made the lowest amt is one hundred
free storage of a fractal size gold coin that you pick 1/10 or 3/4 currency type coin
is accumulated and sent by mail for free
if you choose a 1oz coin to work on ,the years storage will not be free
the gimmick seems is a front loaded price I notice is $50 to $75 over
JM bullion (if I use them as a guide ) but as I was told there company has been around since 1960 & buys back gold from registered costumers of the amt purchased on record
for above spot with no time limit into future . Thats why they charge a higher front loaded price .

A mandatory once a year a free shipment is made & the 1/10 or 3/4 type coins are complete & paid , to be continued year after year .

I just can't seem to stop buying silver due to price and decent size coins price delivers , yet gold at 1 to 2.5 gram just does not excite me to be consistent to purchase I try to put aside for Gold yet silver is what keeps coming in the mail.

Gold Lines system - I know will allow me a out of sight out of mind way to accumulate 3/4 gold coins that I could resell above spot

Or I need discipline to buy my own 3/4 from JMB
Silver just looks so shinny to me .Just not enough time to buy
all of my wish list, so I know I need a way to trick myself
to gold
 
Don't understand why you need a company to do something you could so easily do yourself. Buy unallocated on a regular basis, or put coins in an actual piggy bank every week until you reach your goal.
 
I'll get all the, particulars , if the ability to sell gold above market spot in the future can mathematically conquer the front loaded price ,then I'll do it but if it causes to much an up hill over pay then no go.

What is attracting me , is having it safely stored wile I push on with silver but it's all gonna come down to the Spread Sheet.
Wile it's contingent on Gold Line company staying in business the thought of having gold holding (that you have ) but can resell at better then spot with no reliance on ebay seems attractive . 50 years in business is a decent record

https://www.goldline.com/d/index.ht...Mov8vEPVP8AkoHPib4oIs9HuxVrCaaJy7EaAiAi8P8HAQ

http://en.wikipedia.org/wiki/Goldline_International


BUT

http://abcnews.go.com/Blotter/goldline-execs-charged-fraud/story?id=14857253

Silver and gpld is a long term investment . Not sure I trust Democrats . & we have had many discussions over
bullion vs. currency coin minted coins . The hart of much discusion here has been we know our purchases net a loss
with hope of a future gain . I just don't think stacking is for every body.

This law suite is the decision I make weekly ,

This - http://www.jmbullion.com/1-oz-sunshine-silver-bar/

OR

That - http://www.jmbullion.com/2015-1-oz-australian-silver-kookaburra/


silver coins or silver rounds - my understanding has come to be some of each
thats what members have taught me .
 
It seems to me that once I pulled all the Facts out of them and put the spread sheet to work
there excessive front loaded price does not weigh out proper .
Any gold shop by me will be $50 under spot to buy from me
For an ounce GL is $184 over JMB to buy and wile they pay above spot they don't pay $134 over

naturally the 1/10 and 1/4 are even a worse situation as fractal always has the higher purchase premium
and selling is still done by the ounce mathematically . Nope I will man up save up for what I will buy and hold

Comparisons in order from 1/10 - 1/4 to 1 ounce
the excess money spent via Gold line compared to JMB is
$487.16 $475.10 $184.50 respectively
 
Not to let a stone be unturned . Like pulling teeth I have the details .
First the statement of paying above spot becomes "well theres no guarantee of that "
" but we pay coin value " un less by chance you hit a hot coin thats no real big deal as Provident pays coin value .
they have a pitch & it will work for the non experienced . He went on to a story about how he bought some silver bullets from JMB but there useless what can you do with them there nice to look at can't even shoot a werewolf .
& JMB tells people to resell on ebay . It's an attempt to belittle a legitimate seller and make GL look safer , more on your side .

I mentioned gold silver outlets pay $50 under for gold & $1 to $2 for silver So no need of Ebay . He became silent , I simply said the extra $500 i will pay for your Gold fractional coins I cant recuperate unless Gold hits $1800 and then I'm just breaking even . His come back was service , best service for 50 years .
He then said your more savvy of the gold and silver market then most customers
so you need think whats best for you .

So thank you Silver Stacker's forum I see with out realizing I have learned much from all the members .
I am not patting myself on the back I am humble as members here are in a league that I know I am not
still my knowledge from the beginning of my first post is day and night.


With respect and some acknowledgement of Gold Line. Id say Gold Line will work better then nothing
for a 18 year old who diligently puts $25 per week into an accumulation program . By the time he's
55 he could have some ounces compared to none . In that regard it's better then doing nothing .
But for me at my age , lowest above spot is the only way .
It's an example that Gold & Silver are fine Stores of Value with an importance of independence , we have to be wary of those out there that want a piece of it . I think we are all entitled to earn a few if we can but $500
over an already higher premium for fractal coins could devastate an individual thinking of a turn around in a year or two .

I did catch one slip (my feeling) is they do accumulation programs with silver & push for the 1/2 ounce and gladly even less , once more the fractal over pay concept .
Since an ounce is less then $20 thats showing the true colors of how GL manipulates the highest premiums

I feel there company almost could do proper just offer the program with a 1 ounce Gold coin . Even I would not care of the $184 over JMB type sellers , but $500 over for short term some one is getting hurt.

-------------------------------------------------------
I can get 32 grams http://www.jmbullion.com/1-gram-sunshine-gold-bar/
over the course of time & that could be my accumulation program $340 and change over spot is better then there offer . and I'm just saying sure it's not a coin but it's gold

http://www.jmbullion.com/2014-1-20-oz-chinese-gold-panda/

http://www.jmbullion.com/2015-1-25-oz-austrian-gold-philharmonic/

http://www.jmbullion.com/2015-1-20-oz-australian-gold-goat/

Even these known excessive over spot are a better deal
 
With Phiber's seed of advice and research I decided around $60 over spot is as high as I'd go
10 grams seems to get close to that goal
 
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