How to Buy Gold for Profit and Investment
by D. L. Crane
Gold is an
unrivaled investment which has stood the test in
investing for thousands of years. Gold has
always been prized for its beauty and its
investment potential from the time of the
Egyptians, Greeks and Romans to today. Men have
sought gold and prized it for centuries. Gold
has shown power to transform men’s lives.
Why Buy Gold?
Besides its beauty and power, gold is a wise
investment. No matter what the state of the
national or world economy, gold is always a safe
place to put your money. It diversifies your
investment portfolio and has a relatively stable
trade in value.
Owning gold is one of the safest ways to protect
your investment dollars.
Gold is an excellent commodity to include in
your portfolio. A balanced portfolio that
includes precious metals such as gold provides
asset diversification. This allows for an
investment portfolio that is both stable and
lucrative. Economic times are tight so this is
an opportune time to safeguard your investment
portfolio by including or increasing the
percentage of your investment that is gold and
other precious metals.
Gold can be
purchased in several forms. You can buy pure
gold bullion, ingots, gold bricks or gold
coins. What you purchase depends on what you
intend to do with it, storage space, the current
gold prices and how much you have to invest.
research. Read and talk to knowledgeable
investment professionals about the difference
between bullion and investment grade coins. Find
out if gold is a good investment option for your
gold dealer will discuss the benefits of both
coins and ingots for your specific product
investment wishes and needs. Before you invest
in gold you need to do your homework. Don’t be
taken in by slick advertising and fast-talking
gold dealers. There are thousands of online and
retail gold dealers. Learn how to buy gold
for profit and investment before you decide
what to buy and where to purchase it. Learn
about common novice mistakes.
has long been regarded as real money—as opposed
to paper currency which must be backed by gold.
Men prize gold for its authenticity, its
durability and its real value. Gold bullion is
portable, easily carried and easily and
inexpensively stores. Gold bullion can also be
traded for other commodities. Gold is
universally accepted as tender anywhere in the
Gold bars or
ingots have authentic values because of their
purity. No assay is required when buying or
selling gold bars. Gold bars diversify
investments and protect the investors’ wealth.
can be purchased in a variety of forms. You can
purchase a ten-ounce gold bullion bar which is
.995 percent pure. This is the traditional gold
bar used for trading. Each gold bar is stamped
with a certification of both weight and purity.
can also be purchased in 32.15 troy ounce
goldkilo bars. Each bar is weighs kilogram and
is at least .999 in purity.
investment grade gold bullion is the certified
ten-ounce gold bullion ingot, certified as .9999
in purest gold bullion.
If gold coins
interest you as both an investment and as part
of a collection you can purchasesuch coins as
the gold American Buffalo, first minted in 2006.
Or, the South African Krugerrand is an original
one troy ounce gold bullion coin. Reputable
dealers in gold coins can help you buy gold
coins that will accrue in value while providing
you with an enjoyable hobby.
for purchasing gold in its many forms abound
both online and at retail facilities and
investment firms. Read online reviews. Check
with other gold investors. Read testimonials.
Check to see
if there are hidden fees like shipping and
handling costs and transaction fees. These can
eat into your potential profit.
Select a gold
dealer who has been in the business for several
years and has several repeat clients.
Know the process this dealer uses to get your
gold to you. Find out upon what he bases the
asking price. Find out how to buy gold for
profit and investment before you purchase.
Your hard-earned investment dollars must be
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