Buy Gold Info

Buy Gold Coins

In this video you’ll learn more about how to buy gold coins. Many new gold investors immediately think they should be buying gold bars. However, this mindset is typically because people associate buying gold with the gold bars you see on the TV. Most gold bar buyers are large investors who invest over one million dollars in their gold holdings in 400 ounce bars and have them stored in a depository. Smaller investors usually buy gold bullion coins because they allow for greater flexibility and availability. There are several popular coins to choose from. One is the Canadian Gold Mapleleaf by the Royal Canadian  Mint which contains exactly one ounce of gold. Another choice for gold coin investing is the U.S American Eagle coin which is 90% and contains exactly one ounce of gold. There’s also the U.S Gold Buffalo which contains .9999 of fine 24-karat gold. These coins are actively traded and can be often purchased in amounts of ten or more for 5 1/4% to 5 3/4% over the current price of gold. These coins can also be easily sold at about 3 1/2% which makes investing in these coins affordable for the small investor. You can take delivery of your gold coins at home and have them on hand when you need them.

[ad name=”Content”]

Gold Investing – Why Invest in Precious Metals

In this video Barry Stuppler shares some advice about why you should invest in gold. The main reason you should invest in gold right now is to protect your assets from currency devaluation. you can protect against the governments devaluation of their currency by transferring funds from paper money holdings to gold EFT or bullion. Gold has traditionally done very well in times of political unrest. Currently the Euro is experiencing major fluctuations and upheaval. Gold investments can be a good hedge against turbulent times. Gold has increased in value 300% in the last 8 years. Diversifying your investment holdings with a 20% hold in gold has been proven to be a smart choice. Historically gold has proven to be the best way to preserve value.

[ad name=”Content”]

Gold Declines As The Dollar Gains Strength

Gold fell to the lowest levels in 6 1/2 weeks as news that increased home sales boosted the U.S dollar. The stronger dollar pressured metal prices overall into a decline, however the drop was stalled due to bargain hunters. Volume is expected to be mild for the duration of the holiday trading week

On the New York Mercantile Exchange’s Comex division gold for December delivery fell $20.10, or 1.8%. (To read more)

Gold Coin Dropped in Salvation Army Kettle

It was a great day at the Summit Ohio Salvation Army Thursday when someone dropped a gold coin valued at near $1200 into the collection kettle. Salvation Army spokeswoman Olivia Wakeling for Summit County said, ” It’s so exciting!”

Anonymous donors have been dropping gold coins into Salvation Army donation buckets since the 1980’s. However donations like this are well received with the down economy creating a greater need for charitible donations.

There have been other valuable coins donated over the past year in states such as Illinois, Pennsylvania, Tennessee, Indiana, Connecticut, and Washington. (Read the whole story)

Gold Prices Have Soared to Record Highs

With all the printing of money going on around the world gold investing has become the ultimate safe haven for a hedge against weakening currencies and inflation.

India’s central bank has just purchased 200 tonnes of gold from the International Monetary Fund. The 6.7 billion dollar purchase surprised the markets and was the biggest single central bank purchase over such a short period over the last 30 years.

The IMF plans to sell about 400 metric tonnes of gold this year in order to increase its finances and increase lending to developing countries.