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Buy Gold

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By brawnydt


Creative Commons License photo credit: Velo Steve
Creative Commons License photo credit: Velo Steve

Why Is Gold The Only Safe Investment?

The only safe investment these days is learning to invest in precious metals during difficult times. Predictions are flying left and right about when and how this economy will right itself and if the bailouts will work. The General Motors bailout might be a rousing success. The bailout could be a dismal failure just pushing the country more into debt. Simply put, there is no way to tell. There is no way an average person could accurately predict what awaits the global economy. The only thing we can do is look at what may or may not happen and plan accordingly. Only those that plan wisely will prosper in this recession.

Now, the above statement may sound a little extreme so many. The facts clearly show that for security Gold bullion is the safest way to protect your assets against bear markets. Quite often you hear that you should have a diverse investment portfolio, don't put all your eggs into one basket. There are four main investments that make up a well diversified portfolio- Stocks, bonds, real estate, and physical gold bullion (coins and bars).

This is the modern gold rush, only we aren't panning for it, we are pining for it. Here’s a couple reasons why:

1) Formerly secure currencies like the U.S. dollar are facing serious problems, while reserve currencies are consistently devaluing, gold is increasing in value steadily.

2) It is obvious that the current forms of capitalism aren’t working, something new and different will be needed, and gold has always been the starting point for a new economy.

Bear economies cause the rich to run for gold as fast as possible. This economic stimulus package and the billions of dollars in it don't appear out of thin air. Somebody will have to deal with the consequences. A huge stress relief is when your investment is in a commodity that is as secure as possible. If the world banks keep their true assets in gold, it stands to reason that we should too.

Now don't forget the importance of owning actual glittering gold. Don't be fooled by people selling you snake oil gold ETF's and such. While these have their place in the short term investment world, you want something that will stand the test of time. Consider purchasing one or more krugerrand gold coins since they are recognized worldwide. Plan for 20 years in the future when you invest in gold and you will get the correct perspective.



Creative Commons License photo credit: thinkpanama
Creative Commons License photo credit: thinkpanama

Where to Buy Gold

Learning how to buy gold coins is one of the best things you can do for your future. Once you understand how to buy gold bullion, you will be on the path to securing your wealth and assets. As a commodity, Gold is about as stable as they come, which is more than can be said for oil and other boom commodities.

The gold investing world can seem a little overwhelming to the newcomer. Many will read about offshore banks, millions of dollars exachanging hands, and bullion bars being moved with private security convoys... When just starting out, it's good to invest in gold bullion coins. Coins are not overly large and difficult to hide, plus you can get them for good prices.

Almost every major country has one or two different gold coins they mint and make available for purchase. These gold coins come in a variety of sizes, but the standard is usually 1 troy ounce. Coins aren't just attractive because of the gold, they are also collectible which adds to their value. It's good to invest in a wide variety of different gold coins, that's called spread betting your gold investment. Since the Canadian Maple Leaf is pure gold, it is very popular with collectors, but be careful when buying and storing, it will bend and scratch easily since it is 100% gold.

To begin your search for gold coins, check out online auctions like Ebay which will tell you the popularity, availability, and market value of any given coin. It’s not hard to get Maple Leaf Gold Coins with no difficulty at all. It's simple to see how much a particular coin is worth by checking to see what the auctions end at. Check the amounts of bids and how many different auctions there are for that particular kind of coin to determine popularity and availibilty. Ebay is a great place to buy gold as all your purchases are backed and insured by Paypal and Ebay itself.

The coins you buy aren't just valuable because of their gold, they are also popular because they are collectible. Just remember that your reason for entering this world is to invest in gold, not start a new hobby. Taking control of your assets is the wisest choice you could make during a recession. It doesn't take a genius to see the consequences of letting others deal in money that they hold no accountability for. Making a gold coin investment is just what many need to secure their assets in something solid and lasting.


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Lissie profile image

Lissie  says:
8 months ago

Well of course you can buy gold on eBay - why did I not think of that! The Perth mint has been running 24/7 for months and is only barely keeping with demand I believe

brawnydt profile image

brawnydt  says:
8 months ago

Heck yes you can. Downside is not many seem to want to buy it through my affiliate links. :(

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