Most Popular Ways To Invest In Gold
By [http://ezinearticles.com/?expert=Anthony_Bertucci]Anthony Bertucci
There are currently 9 known precious metals but only Gold, silver, platinum, and palladium are considered investment commodities. Of the 4 gold is definitely the most popular among investors and for good reason. Gold is known world wide since its really the original currency, in fact paper currency was originally simply a promise to pay the bearer in gold. These days investing in gold is a popular way of protecting ones assets against recessions and even national and international crises. Lets face it if the world started over tomorrow after a major catastrophe and there was only 1 society gold would be the common currency as it was up until the 1800s. Below is a list and brief description of the most popular ways to add gold investments to your portfolio.
Buying gold coins is currently the most popular way of investing in gold. Gold bullion coins are generally priced based on their weight HOWEVER a premium is always added to the current price of gold. Gold coins may be bought or sold over the counter in most Swiss banks, also by special order is many other banks. You can also buy over the internet or from local coin dealers.
Buying gold bullion bars is the most traditional way of investing in gold and as with Gold coins they can be purchased or sold over the counter in most Swiss banks, also by special order is many other banks worldwide. You can also buy over the internet or from local dealers in most cases. Gold bars are becoming less popular option for investors because of difficulties such as the verification process, transportation, and storage associated with owning gold bars. They still are my personal favorite and tend to have less of a premium then gold coins.
With a gold account, gold can be bought or sold in a very similar way that foreign currencies are traded. A gold account is backed either through NON fungible (allocated) gold storage or pooled (unallocated) storage. You may even able to get leverage when buying gold however this can be risky but like anything else gold does go up and down, if you take to much leverage you may end up having to pay more money on a margin call or risk having your gold sold at a loss to you. If you use leverage you should treat the entire amount as the investment not only what you put up just in case gold happens to go through a corrective stage and temporarily dips.
Another popular choice among investors is to invest in a gold certificate rather than buy physical gold bullion which then has to be stored and/or insured to protect against theft and other such incidents. A gold certificate allows the investor to buy and sell the commodity and eliminate the difficulties associated with owning actual gold. The downside is that you never really have the access to the physical gold.
Gold exchange traded funds (knows and referred to as GETFs) are open ended funds that present a cost efficient and secure way to invest in gold without the necessity of taking physical delivery of gold bullion. Trading GETFs is similar to trading shares in any of the worlds stock exchanges such as the Dow Jones Industrial in New York. Trading in GETFs involves payment of commission and storage fees which are charged on an annual basis. The expenses incurred in relation to the handling of the fund are charged through the selling of a certain amount of the gold as represented by the certificate. Over time, the amount of gold in the certificate decreases to cover these costs with the hope of course the price of gold itself has increased therefore making the certificate worth more then the original investment.
Some larger financial service firms can provide what is known as Contract for Difference (CFD). In this type of gold investment, two parties (a "buyer" and a "seller") enter into a contract, in which the seller agrees to pay the buyer the difference between the current value of gold and its value at contract time. In case the difference is negative, the seller receives payment instead from the buyer. A CFD, therefore, allows an investor to take advantage of long or short positions, allowing the investor to speculate on the market.
Remember to Go into EVERY investment with your eyes open, you should HONESTLY way the pros and cons of all investments you make based on your personal circumstances and willingness to commit weather your investment be buying gold or starting a brick and mortar business. http://www.007aj.com provides our users expert information about wealth building, successful investing and common investing mistakes (IN HINDSIGHT). We release at least 3-4 new articles per week on a variety of topics related to wealth building, successful investing techniques and investing mistakes.
Article Source: [http://EzineArticles.com/?Most-Popular-Ways-To-Invest-In-Gold&id=7564747] Most Popular Ways To Invest In Gold
Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts
Saturday, April 6, 2013
Why You Should Invest in Gold Coins?
Why You Should Invest in Gold Coins?
By [http://ezinearticles.com/?expert=Ray_Fristenson]Ray Fristenson
If you have looked at the news recently you know how difficult things have gotten for Europe, Cyprus is just about default and collapse unless they receive a bailout of $10 billion dollars. The situation is very critic and Cyprus citizens are very angry because the government wants to confiscate 10% of their life savings so they can pay and receive the bailout.
This is a very dangerous precedent, here we are talking that the Government can take your money from the bank and use it on their best interest to save the nation. This means that your money is no longer safe in the Bank, but storing it all in cash is also a bad option, because with rampant inflation you will always loose purchasing power.
The best alternative is Gold coins, gold has always been money and a store of value, as long as you have your money in precious metals no one will be able to still your wealth. The price of gold can go up or down depending on several economic factors and the timing, however gold will always be worth.
If hyperinflation hits tomorrow and you have all your money in cash you will be in serious problem, your money will be worth nothing in a blink of an eye. However if you have a good amount of your money in gold, you don't have to worry because even if there is an hyperinflation or deflation you have secured your wealth in gold, you can use it to exchange it for other value, to buy land, buy food or anything.
Gold bullion coins are the easiest way to invest in gold because they are easy to carry, they can be exchanged, they are a store of value and they are accepted anywhere in the world. There are different types of gold coins, the 3 most popular ones are:
The American Gold Eagles
Canadian Gold Maple Leafs
Krugerrand Gold Coins
But keep in in mind that if you are going to invest in gold you should own the actual gold and store it your self, there is no point in buying a precious metal if the bank will keep it for you. Certificates and Paper ETFs are not safe, you don't know if the bank has the actual gold you are buying and you don't know if they are going to give it to you when you request it.
The are many more gold certificates than there is gold to back it up, them moment that you try to get your gold out, the bank will tell you that they don't have it and that they will pay you in cash, which is worth nothing. [http://investygold.com]Click Here to Request your Free Gold Investment Kit. You can also learn more about how to invest in [http://investygold.com/gold-coins]invest in gold coins and insure your wealth before the coming economic crash.
Article Source: [http://EzineArticles.com/?Why-You-Should-Invest-in-Gold-Coins?&id=7578026] Why You Should Invest in Gold Coins?
By [http://ezinearticles.com/?expert=Ray_Fristenson]Ray Fristenson
If you have looked at the news recently you know how difficult things have gotten for Europe, Cyprus is just about default and collapse unless they receive a bailout of $10 billion dollars. The situation is very critic and Cyprus citizens are very angry because the government wants to confiscate 10% of their life savings so they can pay and receive the bailout.
This is a very dangerous precedent, here we are talking that the Government can take your money from the bank and use it on their best interest to save the nation. This means that your money is no longer safe in the Bank, but storing it all in cash is also a bad option, because with rampant inflation you will always loose purchasing power.
The best alternative is Gold coins, gold has always been money and a store of value, as long as you have your money in precious metals no one will be able to still your wealth. The price of gold can go up or down depending on several economic factors and the timing, however gold will always be worth.
If hyperinflation hits tomorrow and you have all your money in cash you will be in serious problem, your money will be worth nothing in a blink of an eye. However if you have a good amount of your money in gold, you don't have to worry because even if there is an hyperinflation or deflation you have secured your wealth in gold, you can use it to exchange it for other value, to buy land, buy food or anything.
Gold bullion coins are the easiest way to invest in gold because they are easy to carry, they can be exchanged, they are a store of value and they are accepted anywhere in the world. There are different types of gold coins, the 3 most popular ones are:
The American Gold Eagles
Canadian Gold Maple Leafs
Krugerrand Gold Coins
But keep in in mind that if you are going to invest in gold you should own the actual gold and store it your self, there is no point in buying a precious metal if the bank will keep it for you. Certificates and Paper ETFs are not safe, you don't know if the bank has the actual gold you are buying and you don't know if they are going to give it to you when you request it.
The are many more gold certificates than there is gold to back it up, them moment that you try to get your gold out, the bank will tell you that they don't have it and that they will pay you in cash, which is worth nothing. [http://investygold.com]Click Here to Request your Free Gold Investment Kit. You can also learn more about how to invest in [http://investygold.com/gold-coins]invest in gold coins and insure your wealth before the coming economic crash.
Article Source: [http://EzineArticles.com/?Why-You-Should-Invest-in-Gold-Coins?&id=7578026] Why You Should Invest in Gold Coins?
Top 3 Reasons Why Investing in Gold Now Is a Great Choice
Top 3 Reasons Why Investing in Gold Now Is a Great Choice
By [http://ezinearticles.com/?expert=Ray_Fristenson]Ray Fristenson
You may have heard people in the news say that you should consider investing in gold to diversify your portfolio and because gold may increase its value, but is it really a good option for you, who should buy gold?
Precious metals have always been a form of money and they have a lot of real value, but let me tell you the top reasons why you should consider investing in precious metals:
1) For centuries Gold has been a form of money that can be exchanged, carried and is accepted all over the world.
2) With the current financial turmoil around the world there is a lot of concern on what will happen next?, when is the next crisis going to hit? is there going to be an hyperinflation or a deflation? all those questions are making people doubt about the sustainability of our current financial system, therefore many investors are buying gold to secure their wealth.
3) Discoveries of Supergiant gold deposits have been declined, in the long term this might increase the value of gold because its a limited resource.
You may have also heard about the recent bailout problem with Cyprus where the country confiscated money from their savers so they can pay for the bailout. This situation can happen in any country that has serious debt problems, once the financial system of a country is going to collapse, the government will do anything in order to save the country. So you are better having your money invested in gold that in a bank account.
If you have decided to buy gold to diversify your portfolio or to secure your wealth, the next step is to look for a dealer that you want to buy from. However be careful not to buy just gold certificates or paper ETFs, you need to buy physical gold and store it yourself. As long as you don't have the gold in your hands you don't own it, a bank can issue a thousand gold certificates and only have enough gold to support a hundred certificates.
You should look at your options either gold or silver are great investments, gold coins are the easiest form of precious metal to invest in because they are easy to carry and to store. Do your research don't buy from a company that is new, always look for dealers that have years in the industry. [http://investygold.com]Click Here to Request your Free Gold Investment Kit. You can also learn more about how to invest in [http://investygold.com/gold-coins]gold coins and insure your wealth before the coming economic crash.
Article Source: [http://EzineArticles.com/?Top-3-Reasons-Why-Investing-in-Gold-Now-Is-a-Great-Choice&id=7580300] Top 3 Reasons Why Investing in Gold Now Is a Great Choice
XZ3SD29JU5FS
By [http://ezinearticles.com/?expert=Ray_Fristenson]Ray Fristenson
You may have heard people in the news say that you should consider investing in gold to diversify your portfolio and because gold may increase its value, but is it really a good option for you, who should buy gold?
Precious metals have always been a form of money and they have a lot of real value, but let me tell you the top reasons why you should consider investing in precious metals:
1) For centuries Gold has been a form of money that can be exchanged, carried and is accepted all over the world.
2) With the current financial turmoil around the world there is a lot of concern on what will happen next?, when is the next crisis going to hit? is there going to be an hyperinflation or a deflation? all those questions are making people doubt about the sustainability of our current financial system, therefore many investors are buying gold to secure their wealth.
3) Discoveries of Supergiant gold deposits have been declined, in the long term this might increase the value of gold because its a limited resource.
You may have also heard about the recent bailout problem with Cyprus where the country confiscated money from their savers so they can pay for the bailout. This situation can happen in any country that has serious debt problems, once the financial system of a country is going to collapse, the government will do anything in order to save the country. So you are better having your money invested in gold that in a bank account.
If you have decided to buy gold to diversify your portfolio or to secure your wealth, the next step is to look for a dealer that you want to buy from. However be careful not to buy just gold certificates or paper ETFs, you need to buy physical gold and store it yourself. As long as you don't have the gold in your hands you don't own it, a bank can issue a thousand gold certificates and only have enough gold to support a hundred certificates.
You should look at your options either gold or silver are great investments, gold coins are the easiest form of precious metal to invest in because they are easy to carry and to store. Do your research don't buy from a company that is new, always look for dealers that have years in the industry. [http://investygold.com]Click Here to Request your Free Gold Investment Kit. You can also learn more about how to invest in [http://investygold.com/gold-coins]gold coins and insure your wealth before the coming economic crash.
Article Source: [http://EzineArticles.com/?Top-3-Reasons-Why-Investing-in-Gold-Now-Is-a-Great-Choice&id=7580300] Top 3 Reasons Why Investing in Gold Now Is a Great Choice
XZ3SD29JU5FS
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