gold bullion



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



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


Precious Metals
Find the Best Gold Bullion Dealer in New York City When you have chosen to add gold and silver to your present financial investment portfolio nevertheless you do not know who to purchase it from? These are some ideas on how to get the ideal precious metal dealership: Business Reputation When you are conducting these types of searches, you are looking for reliable evaluations of the dealer. A number of companies pays online marketers to publish good evaluations for their business or even publish a negative feedback about their service rivals. Which suggests you really must utilize your discerning eyes and select feedback appears to be legitimate, released from the “individual on the street” point of view. Get all the […]

How To Choose the Best Gold Bullion Dealer



gold and silver
$ GLD, $SLV, $ABX, $WPM, $EXCFF. The experts state that owning Gold is a safe safe-have investment for defense against inflation or other financial unpredictabilities in anyones financial plans. Here is a great short article about methods to buy gold and silver it is very essential to find out more about how to buy gold and silver due to the fact that a few of investment techniques are riskier than others. The Big Q: What does one do to own a piece of the valuable Yellow metal? Physical Gold: Investors can purchase Gold coins or Gold bars, keeping them for security in safe-deposit boxes, concealed locations at home, or in storage facilities used by business worldwide. Gold bars, based on […]

The Ways to Invest in Gold and Silver


Coins
As part of our Safety Week here at Bullion, were sharing some of our most popular guides on staying safe while buying bullion and gold. Delight in! 2 of the most essential pieces of your rare-earth element financial investment are the assay and the certificate of authenticity (COA). Both of these products are a type of protection versus fraud, and to guarantee that the market is precisely represented. Assays and COAs protect everyone. An assay is an analysis designed to evaluate the structure and measure of rare-earth elements. The procedure is vital in the production in silver and gold bullion, coins in unique and general releases. Numerous kinds of assays are taken depending upon what kind of metal of item […]

Safety Week: Assays and Certificates


Gold, Fake Gold
Another technique is the ping test. Real valuable metals will give off a ringing noise that lasts for about 1-2 seconds when carefully struck by another piece of metal. Any other sounds (particularly a clunk) will let you know that the bullion isnt genuine. Every piece of silver or gold bears what is known as the mintmark of its manufacturer. One of the hardest details to phony are the structural details on the edge of the coin. A lot of coins (specifically more modern ones) have an uniform relief that allows the coins to be quickly stackable. Nobody likes being duped, and nobody likes purchasing phony gold and silver that is provided as genuine. It is essential to secure yourself […]

Safety Week: Spotting Fake Gold and Silver


Gold scammers
While gold is an attractive choice for individuals who have an interest in a safe financial investment, its also an attractive choice for people attempting to scam financiers. To secure yourself from being scammed, its important to understand how to recognize those who are genuine, and those who arent. Gold frauds prevail, as are services that attempt to pass themselves off as credible. Estimates declare that over 10,000 people per year fall victim to gold scams. This can range from sellers trying to offer their wares for much greater than market worth, to even offering gold that is entirely phony, or even gold that does not exist. As part of our Safety week here at Bullion, were reposting some of […]

Safety Week: Avoiding Sketchy Dealers



Gold storage
the American federal government offers lots of its gold. In 2015 alone the US Mint sold$1.2 billion worth of gold coins. Americans are likewise understood from buying coin and bullion on foreign markets. It is the very markets that make it difficult to identify who is buying what, and at how much. The market is deliberately vague at tracking these concerns, and tracking on the pre-owned market is beside non-existent. The closest that any tracking company, or believe tank would come to supplying a response was a tip that perhaps less How much gold do Americans own? For a nation in which we can dependably say that 23% have more than one fridge, can inform to the tenth decimal location […]

How Much Gold Do Americans Own?


buying bullion
The rate of gold has been driven by several divergent factors considering that it was first heated by the ancient Egyptians. It quickly ended up being a method of displaying beauty and wealth, with the ancient Mesopotamians embellishing their dead with lovely (and pricey) headdresses. Humankind has actually been driven by a desire for gold throughout its history, with King Ferdinand of Spain stating in 1511 that humans must get gold by any methods needed. Gold has actually continued to be an important product into the modern-day day. As the years pass gold is utilized in more things than simply burial headdresses; being utilized for investment purposes, electronic gadgets, medical devices, and even used in the equipment sending out humans […]

What Impacts the Price of Gold?


Gold mirror
Just as gold is crucial for life on the ground, gold is vital for life above it. Gold prevents the internal elements of space lorries, things, satellites, and more from overheating. Gold is also used to lubricate the joints in between mechanical parts in space flight. Gold makes area travel possible. What do you think about the uses of gold in area travel and space interactions? via https://www.itmtrading.com/ With billions of dollars at stake when it pertains to space travel, materials need to be trustworthy. Repairing a component in area is different than changing a tire on the side of the roadway. Its not just more pricey, it can be lethal. Maintenance and repair work expenses- but human and dollar-require […]

The Many Uses Of Gold, Part 6


Gold mining
With the overwhelming majority of the worlds gold being mined after the World War period, contemporary records reveal that China, Australia, Russia, the United States, and Peru are the leading five gold mining nations in the world. China is by and far the biggest gold producer in the world, mining 458 tonnes of gold in 2015. Canada and South Africa, the seventh and 6th highest manufacturers of gold, mined 310 tonnes combined, hardly more than Australias 276 tonnes. With the frustrating bulk of the worlds gold being mined after the World War age, modern records show that China, Australia, Russia, the United States, and Peru are the leading five gold mining countries in the world. China is by and far […]

Which Countries Mine Earth’s Gold For Us?




Circuits
The socket connectors and cables all contain cable televisions. Links, as always, are made through gold. Computers would not have the ability to function the method they do, and the dependability required without gold. Another part towards golds dependability formerly discussed is the ability of gold to be alloyed to other metals. Check out the post on fashion jewelry for a more in depth take on this if you are interested. The brief variation is that gold can easily become connected to another metal, and this suggests gold can be alloyed to metals like nickel and cobalt. In this method gold has the ability to use their durability, and in turn supply this resilience to computer products. Stating that gold […]

The Many Uses Of Gold, Part 4


Gold dealer
So, how much gold is there? Little that a years worth of mining it would just net you a cube that were just 20 square meters. Just how much gold exists in the world? The rate of gold is driven by supply and demand, and this is based upon the real quantity of gold supply. If there were a flood of gold on the marketplace, it would be worth less than if there remained a small amount. To put this into visual kind, if you put all of the gold inside of that cube and put it on a pathway in Paris, it would really be simple to ignore it. This $125,000,000,000 cube assists to show the actual percentage of […]

How Much Gold Is There on Earth?


Gold Bullion and Coins
One of the other major usages of gold throughout history, and into the present day, is its use as an approach of financial exchange– in other words, as cash. Gold transactions date back over six centuries, and continue strong into this day. The strongest currencies were the ones backed by gold. Under this system, known as the “gold standard,” any individual could exchange their paper cash for its equivalent worth in gold. Due to inflation, and the restricted quantity of gold, this system became untenable. One of the other major usages of gold throughout history, and into the present day, is its use as an approach of financial exchange– in other words, as cash. Under this system, known as the […]

The Many Uses Of Gold, Part 2