Monthly Archives: December 2020


5 Various Stamped Gold Bars
Gold purity is of particular concern when you’re buying and selling gold in the United States, Canada or Australia.  Remember Why You’re Buying In The First Place It’s important to stay focused on your purpose for buying gold. You’re building an investment portfolio, which means you ultimately want to be able to exchange the gold for its value. Don’t Get Less For Your Investment If you buy gold bars that are 99.5% pure in a country that requires their gold to be purified up to .9999%, you risk being charged more when you go to exchange them for their value. The reason for this is, there aren’t enough investors coming in to buy 99.5% gold bars, so you’ll be charged […]

Why Gold Bars Should Be .9999% Pure


A gold piggy bank with bundles of USDA cash next to it
You can save money by resisting the temptation to swipe your credit card on large transactions.  Credit card companies charge vendors around 3%. This is how credit card companies earn money, which is the money they use to give their customers points whenever they use their card. Many customers prefer to use their credit card to earn the points— however, this is shortsighted, since many people don’t realize the points are actually coming from the credit card fees they are paying. Companies are not allowed to charge any more than this percentage for credit card transactions. To make up for this fee, vendors mark their prices up an extra 3-4%. This fee may be insignificant when you’re buying a latte […]

Should I Use My Credit Card to Buy Gold or ...


Half Ounce Gold Credit Suisse Bars And Canadian Maple Leaf Coins
Being an educated consumer is inoculation against scams and bad investments. To sharpen your discernment, you must know what to look for when you set out to make your purchase. Reputation  The first thing you need to look for when buying precious metals is a reputable dealer you can trust. Research the reputation of the company you’re looking to buy from. How long have they been in business? What do people say about them? Where are they located— can you visit them in person?  If other people can vouch for how knowledgeable the company is and how they were able to deliver a smooth buying experience, then you can feel more at ease doing business with them. A gold trading […]

What To Look For When Buying Precious Metals


US American Gold Buffalo Coin, Indigenous Man On The Front, Buffalo On The Back, Pure 24k Gold
People wonder whether they should buy 24-karats gold coins or 22-karat gold. Which one is a better value? 24k gold is the popular standard that most people recognize as pure and ideal. The Canadian Maple Leaf, Austrian Philharmonic, Chinese Panda and the US Buffalo are all 24k gold coins. While the 24k American Gold Buffalo coin, for example, is a favorite among many, US Mint production figures reveal that the American Gold Eagle, a 22k gold coin, is actually in higher demand.  Many people have never heard of 22k gold. It means the gold content is only 90%, whereas with 24k gold, the gold content is 99.99%. This doesn’t mean there’s any less gold in it, however. A 24k gold […]

Pure Gold Coins Vs. 22K Gold Coins (91.67%)