Gold Coins or Gold Bars?: "Gold Bars or Gold Coins?
Which is the better way to invest in gold?
On this page we will assume that we are considering the options for a larger investor, although smaller investors will benefit by reading our advice also.
Gold Bars
For the serious and large scale investor, gold bars are a simple and efficient way to invest in gold. The larger bars are usually available at the lowest premiums over their intrinsic gold value, smaller bars tend to cost more. There is a trade-off however, in that larger bars are not as flexible when it comes to selling. If you own a kilo bar, and you wish to sell, say 100 grams, it's not easy to slice off one end of your bar. Your choice of buyer is also more restricted as you will need to sell to a larger dealer, it is unlikely that you will find a private buyer as most people are not familiar with gold bullion bars.
Gold Coins
It is sensible to consider modern one ounce gold bullion coins as being one ounce circular bullion bars, guaranteed by a government rather than a refiner.
Because coins are mass produced, and very efficiently so, they are available at very competitive prices compared with similar size bars.
Because gold coins are almost universally recognised, they are also easy to resell."
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Tuesday, September 6, 2011
How to buy gold coins and gold bullion
How to buy gold coins and gold bullion: "How to Buy Gold Coins and Bullion
A step-by-step approach to help you start right
Getting started with your gold purchase
Some complicate buying gold, but in reality it is a relatively simple process. The following guideline is the result of our experience helping thousands of investors make their initial gold purchase. If you have questions at any point along the way, we welcome your telephone call. We think you will find our low-key, no-hassle approach conducive to your making good decisions about gold ownership.
1. Develop a good sense of the role you would like gold to play in your overall portfolio. For beginners, our comprehensive online introductory information packet can be very helpful in this respect. By gaining a solid background on gold ownership, it will help you avoid costly mistakes often made by first-time gold investors.**"
'via Blog this'
A step-by-step approach to help you start right
Getting started with your gold purchase
Some complicate buying gold, but in reality it is a relatively simple process. The following guideline is the result of our experience helping thousands of investors make their initial gold purchase. If you have questions at any point along the way, we welcome your telephone call. We think you will find our low-key, no-hassle approach conducive to your making good decisions about gold ownership.
1. Develop a good sense of the role you would like gold to play in your overall portfolio. For beginners, our comprehensive online introductory information packet can be very helpful in this respect. By gaining a solid background on gold ownership, it will help you avoid costly mistakes often made by first-time gold investors.**"
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2008 news interview featuring George Cooper about gold IRA accounts
2008 news interview featuring George Cooper about gold IRA accounts: "IRA Investors Increasingly Turning to Precious Metals
By Allen Sykora
Dow Jones Newswires Wednesday, April 23, 2008
(DowJones) -- Demand for precious metals in self-directed U.S. Individual Retirement Accounts is growing for many of the reasons other investors have been drawn to the metal - a hedge against inflation, dollar weakness and credit-market worries.
Purchases of gold and other metals for IRAs make up a minute portion of overall investment demand, and observers said many investors don't realize they can use gold for IRAs. Nevertheless, observers have noticed a significant pick-up in gold IRAs over the last half year"
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By Allen Sykora
Dow Jones Newswires Wednesday, April 23, 2008
(DowJones) -- Demand for precious metals in self-directed U.S. Individual Retirement Accounts is growing for many of the reasons other investors have been drawn to the metal - a hedge against inflation, dollar weakness and credit-market worries.
Purchases of gold and other metals for IRAs make up a minute portion of overall investment demand, and observers said many investors don't realize they can use gold for IRAs. Nevertheless, observers have noticed a significant pick-up in gold IRAs over the last half year"
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Monday, September 5, 2011
Investing In Bullion and Bullion Coins
Investing In Bullion and Bullion Coins: "Investing In Bullion and Bullion Coins
Read more in this Series:
Investing in Gold? What's the Rush?
Investing in Collectible Coins
If you're thinking about investing in bullion or bullion coins, the Federal Trade Commission (FTC), the nation's consumer protection agency, says your best bet is to research your options and get smart. Being uninformed can have serious consequences.
Bullion is a bulk quantity of precious metal, usually gold or silver, assessed by weight, typically cast as ingots or bars, and sold by major banks and dealers. You also can buy bullion as coins.
Bullion coins are minted from precious metal, usually gold or silver, and bought for investment purposes from major banks, coin dealers, brokerage firms, and precious metal dealers. Their value is based on their gold or silver bullion content. Prices fluctuate daily, depending on the price of gold and silver in the world markets. Perhaps the best-known bullion coins are the American Gold Eagle, the Canadian Maple Leaf, the Australian Gold Nugget, and the South African Krugerrand."
'via Blog this'
Read more in this Series:
Investing in Gold? What's the Rush?
Investing in Collectible Coins
If you're thinking about investing in bullion or bullion coins, the Federal Trade Commission (FTC), the nation's consumer protection agency, says your best bet is to research your options and get smart. Being uninformed can have serious consequences.
Bullion is a bulk quantity of precious metal, usually gold or silver, assessed by weight, typically cast as ingots or bars, and sold by major banks and dealers. You also can buy bullion as coins.
Bullion coins are minted from precious metal, usually gold or silver, and bought for investment purposes from major banks, coin dealers, brokerage firms, and precious metal dealers. Their value is based on their gold or silver bullion content. Prices fluctuate daily, depending on the price of gold and silver in the world markets. Perhaps the best-known bullion coins are the American Gold Eagle, the Canadian Maple Leaf, the Australian Gold Nugget, and the South African Krugerrand."
'via Blog this'
Friday, August 26, 2011
Monex Guide to Reading Gold and Silver Charts
information
FREE Guide to Reading Gold and Silver Charts
This handy guide introduces you to valuable tools you can use to identify and prioritize the opportunities in today's gold, silver and platinum markets. The E-Z Guide helps you identify the most common price chart patterns, including: Head & Shoulders formations, Gaps, Island Tops and Bottoms, Bull and Bear Flags, and more. Each section is clearly illustrated and includes explanatory text to help you understand what to look for... and what actions you should consider taking based on your analysis of price trends. To receive a copy of this free guide, call a Monex Account Representative at 1-800-444-8317
FREE Guide to Reading Gold and Silver Charts
This handy guide introduces you to valuable tools you can use to identify and prioritize the opportunities in today's gold, silver and platinum markets. The E-Z Guide helps you identify the most common price chart patterns, including: Head & Shoulders formations, Gaps, Island Tops and Bottoms, Bull and Bear Flags, and more. Each section is clearly illustrated and includes explanatory text to help you understand what to look for... and what actions you should consider taking based on your analysis of price trends. To receive a copy of this free guide, call a Monex Account Representative at 1-800-444-8317
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