How To Invest In Gold Now – Buying And Selling Gold, Coins, Bars, Shares, Mining, ETFs

Ok so you have been convinced that investing in gold and silver may be the smart move to make in today’s economic system as the precious metal rate these days continues to rise. You also realize that you need to act and purchase gold opportunities or silver investments right now. But the question is; what forms of silver and gold should you buy? How do you buy? What forms do you buy it in?

One of the most important things to remember is to find real gold and silver not fool’s precious metal and fool’s gold. You need to purchase gold coins, buy silver cash and silver and gold bars, physical precious metals that you can hold in your hands. Now you don’t actually have to hold them inside your hand, you could have them kept in one of Brinks two locations.

However physical silver and gold is the form to hold. There are lots of other forms of gold and silver out in the marketplaces and many of them are nothing but fool’s gold or fool’s silver in my opinion. Number 1 would be the exchange traded funds, otherwise known as EFT’s. It’s widely accepted in the gold community that the exchange traded funds don’t have all the silver and gold that they say they do to back them up.

What you are really buying is actually price contact with the precious metal rate today when you buy these funds. You are not buying bodily gold and silver that you can hold as well as touch. Purchasing physical silver and gold is one of the the majority of private opportunities around. It’s a transaction between you and the seller and nobody else knows about it. When you buy EFT’s you are putting that personal investment into the hands of the banks which have caused the entire economic financial crisis in the first place. Trust them to your personal peril.

Another thing to watch out for would be the pool accounts and certificates. They probably don’t have all of the gold and silver in order to back up the investments in the pool accounts. Basically you’re investing in futures contracts. Which means you are getting contact with gold and silver prices again and never the real thing.

There’s also numismatic coins or collectible coins. Now whenever you buy a numismatic gold coin, you could be having to pay many times the actual gold or silver content that is within the coin because you are actually spending money on the rarity and how much someone else covets that particular coin. While, with gold coins as well as bullion bars, their value is derived from the world spot silver and gold spot price at any given moment. You will find hundreds or even thousands if not millions of purchasers out there with regard to gold and silver bullion coins.

The other thing to appear out with regard to in enthusiast coins is the fact that in certain occasions – state when there is high inflation, you could have thousands of these coin selections come to marketplace at the same time resulting in the numismatic premium suddenly disappearing. So that coin you paid thousands for would fall in price in order to its silver or gold value. Simultaneously physical gold and silver coins may be doubling, tripling or even quadrupling in price.

One last factor, beware of influence; it is a two pronged sword. The actual gold chart and the silver chart show values rising steadily on average for the last few years, making money for those holding the actual physical metal. A large number of individuals using leverage of border account have actually lost a lot of money. Numerous unscrupulous sellers will talk you in to buying on margin and can continue to sell you much more as the price goes up. However all marketplaces have unpredictability and when these people drop you get in a border call situation. Many of these accounts are liquidated baffled before you are permitted to deposit more income into the accounts to cover the margin phone resulting in you losing money with what should have been a lucrative market. Depart the leveraged accounts towards the pros especially in the commodity and choices realm.

Michael works in the finance sector. His website is about the gold rate in dubai and other gold markets.