Monthly Archives: January 2021



gold investment
Some people are interested in buying gold as insurance. It’s important to be realistic when doing so.  As we discussed in a previous article, when you buy gold as an investment, you’re betting on something happening that will make the price go up. When it comes to insurance, however, you’re not betting on a crisis that will result in a surge in prices any more than you’re betting on getting in a car accident to collect your auto insurance. If you’re expecting the price of gold to go up, you’re not buying it for insurance purposes. Instead, when you buy gold for insurance, you’re giving yourself the option to put it towards any unexpected emergency that may arise in your […]

When Gold Is Bought For Insurance


It’s important to keep in mind the reasons you’re buying the gold in the first place. What are your goals and is buying gold going to achieve your goals? Does gold actually have the utility you think it does?   As we discussed in previous articles, the value of gold is dependent on the US dollar and the popularity of gold investing but it’s also ultimately dependent on whether or not anyone deems it a valuable exchange at all. Gold is a currency like any other that you want to be able to exchange for value. Given the choice, you wouldn’t want to own gold over actual resources. So there must be a catalyst that makes gold attractive, such as an […]

Why Are You Buying Gold?


When it comes to buying gold, you need to go into it with the right mindset. You need to know what is realistic and what is not. We’ve been in the business for several decades and have seen too many people who want to invest in gold for the wrong reasons. There are issues you need to be aware of before purchasing gold and precious metals. Naturally, any gold dealer will probably tell you investing in gold is a wonderful idea with no downsides. We want to save you from any disappointment and ensure you’re well-educated and informed before you make your purchase.  Investing in gold is one way to diversify your investment portfolio but is it the same as […]

Managing Expectations When Buying Gold