Gold; What Type of Gold to Buy


Jewelry

The advantages are:

? Gold Jewelry is the easiest of the gold to buy and has the enjoyment of being able to be worn.

The disadvantages are:

? Retail Jewelry is often marked up by 300% or more in the shops.

? The real value of Jewelry is in the stones and the value is higher then of the gold.

? Most gold jewelry pieces are different and their values are biased.

Bullion coins and Small Bars

Advantages:

? Gold coins and small bars are considered a liquid market, so sellers and buyers can be found when you need them.

? They are easier obtained for smaller investors. Gold coins can be purchased smaller amounts of money (a 1 kilo gold bar starts over$10,000)

? Genuine gold coins have the endorsement of a government mint which has a degree of guarantee to them.

Disadvantages:

? The possibility of fakes that can only be spotted by dealers.

? The difference between buying and selling price of gold coin and small bar is significant vs. most types of investments.

Gold coins and small bars can good gold investment method for people with sums from $100 to $10,000 especially for people who view physical possession as important.

Big bars

Advantages:

? Big bars are traded as a professional market.

? The bars are serial numbered, and usually do not leave the security of industrial strength vaults.

? Fakery appears to have been completely eliminated.

Disadvantages:

? Big gold bars cost big money, around $160,000 each. Not an easy investment for most individuals. In fact to benefit from a competitive standpoint 1 bar is insufficient.

? For the Big gold bars, the smallest trade size the markets will consider exceeds $500,000.

? Big Gold bar trading is for the bigger companies and inaccessible to the private investors.

By Richard Amburn http://www.goldgrow.com Tips on what type of gold investment to buy. http://www.goldgrow.com







Related News



Editorial: Investing in the future - PSU Daily Vanguard

Editorial: Investing in the future
PSU Daily Vanguard, OR -15 hours ago
But with a new university president, the opening of a newly renovated Shattuck Hall and an array of construction projects sprouting up around campus the ...

PepsiCo investing $3 bln in Mexico over next 5 years - MarketWatch

PepsiCo investing $3 bln in Mexico over next 5 years
MarketWatch -Nov 20, 2008
By Wallace Witkowski , , ) said Thursday it plans to spend up to $3 billion to build its brands in Mexico over the next 5 years. ...

Evercore CEO invests big in investing - Reuters

National Post

Evercore CEO invests big in investing
Reuters -Nov 19, 2008
"We raised it opportunistically, to allow us to aggressively build out the investing side of the firm," he said. In the first nine months of this year, ...
Akamai cuts 7 percent of workforceReuters
VW sees China trade tough in H1 2009 - paperReuters
Volkswagen India to import comm vehicles in 2009Reuters
Reuters
all 2,896 news articles

ETF Investing: We Get Sick In Recessions! XPH and IHI Healthcare ... - BloggingStocks

International Business Times

ETF Investing: We Get Sick In Recessions! XPH and IHI Healthcare ...
BloggingStocks -Nov 20, 2008
It's one of those unfortunate facts of life, everyone is going to get sick at some time in their lives. It could be something as simple as the common cold ...
SpeculatingStocks.com Announces Two Possible Ways to Play a ...PR Web (press release)
all 4 news articles

US panel urges action on China currency, investing - Forbes

Aljazeera.net

US panel urges action on China currency, investing
Forbes, NY -23 hours ago
By Doug Palmer WASHINGTON (Reuters) - Congress should pass legislation next year to pressure China to raise the value of its currency and require Beijing's ...
China winning cyber war, Congress warnedguardian.co.uk
all 355 news articles

Help for mounting 401(k) losses - CNNMoney.com

Help for mounting 401(k) losses
CNNMoney.com -12 hours ago
Just telling someone to "stay the course" isn't an adequate answer any time an investor expresses doubt or confusion about an investing or planning strategy ...

ON INVESTING - Top ten tips for year-end tax strategies... - Valley News Today

ON INVESTING - Top ten tips for year-end tax strategies...
Valley News Today, IA -7 hours ago
Equipment Expenses - Farmers and business owners may offset some of their tax liability by investing in capital equipment. On top of that, ...


Buffett firm invests in USG - Chicago Tribune

Buffett firm invests in USG
Chicago Tribune, United States -7 hours ago
Buffett, known for his investing acumen, is already the the Chicago building-product concern's biggest stockholder. His Berkshire Hathaway Inc. investing...

Don't miss these top money and investing columns: - MarketWatch

Don't miss these top money and investing columns:
MarketWatch -22 hours ago
Many Wall Street experts aren't going to like this. Ditto the denizens of the mutual-fund business. More than a few financial planners will raise an eyebrow ...

Energy Investing in a Carbon-Conscious America - Morningstar.com

USA Today

Energy Investing in a Carbon-Conscious America
Morningstar.com, IL -1 hour ago
Given that the 110th Congress produced six carbon cap-and-trade bills and that President-elect Barack Obama has so far stood by his campaign rhetoric ...
The Waxman WaneInvestor's Business Daily (subscription)
google news commentComment by Frank O'Donnell President, Clean Air Watch
all 1,652 news articles