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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


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%)



Gold bars close-up with serial numbers on them
The second most commonly asked question we receive at Bullion Trading is “how do I know if it’s real?” This is a legitimate concern in this business. Scams in the gold and silver business have been around since ancient times. In 2012, there was a counterfeiting scandal right here in the Diamond District that heightened customer apprehension about being sold fakes. A dealer was sold hollowed-out gold bars that were filled with tungsten, which is the substance closest in density to gold (to the trained expert, it still falls significantly short). When another customer came in to buy gold, he ended up being sold the counterfeits that were in stock. The customer was reimbursed by the dealer and the media […]

“How Do I Know If It’s Real?”


The New York City skyline
Buying gold online is easy and convenient. You choose what you want to buy, add it to your shopping cart, enter your credit card information and check out, all from the comfort of your phone or computer. This is not always as simple as it sounds. With high-ticket precious metals, you may not want to compromise the quality of your buying experience for convenience.  Gold prices are dependent on constantly shifting, complex economic factors. Online dealers have to concern themselves with price fluctuations very differently than dealers with physical stores. When you buy gold in person, you are buying the gold for the price that it is at that time. When you buy online, the price is what the price of gold is at the […]

Buying and Selling Online Vs. Buying and Selling In Person


Two gold coins from Ancient Rome, depicting the head and the tail of the coin.
Gold has been counterfeited for as long as there’s been currency. The first incidence of gold counterfeiting is recorded as being in Lydia, Greece around 600BCE, which is the birthplace of the world’s first coin.  Then there’s the legend of the Greek physicist Archimedes and his water displacement experiments. He famously proved that a goldsmith had counterfeited the gold crown of King Hieron II by submerging the crown in water and determining how much water was displaced. It was suspected that the goldsmith used silver for the crown and kept the gold for himself. Pure gold has a higher density than silver and displaces less water than silver because silver has a higher volume. So when he placed the crown […]

The History Of Gold Counterfeiting


Today we are taking our weekly look at the charts for gold and silver. Republicans and Democrats continue to play the “will they, won’t they?” video game over another stimulus plan in a Covid19 damaged US economy. An arrangement on a package will ultimately be seen as favorable for the marketplaces but, with the US Election simply weeks away this may show to prolong negotiations or postpone decisions until the outcomes of the election are clear and accepted by all. Will Gold Now Retest $1,930? As you can see from the gold chart below, gold has actually rallied on positive stimulus news and drew back as negotiations stall. After the previous “false break” above $1,910, gold when again closed above […]

[ChartWatch] Is the United States Election the “Cork in the ...



The 1/4 oz South African Gold Krugerrand Coin is offered in Dazzling Uncirculated condition. Each coin has actually been minted with 1/4 troy ounce of pure gold and consists of 22k (91.67%) gold. The coin you get will be from the year of our choice based upon our inventory at the time you position your order. Originally commissioned in 1967 as a means of marketing the nations gold, the Krugerrand has actually because become South Africa’s most popular piece of currency both within the country and across the globe. The splendid gold coin included here is the 1/4 oz South African Krugerrand, which third biggest denomination readily available in the series. It determines 22.06 mm in size and boasts a […]

1/4 oz South African Gold Krugerrand Coin


One of the most gorgeous gold coins on the planet today is the Chinese Gold Panda. These extremely collectible gold coins are always in high demand among financiers and collectors due to the fact that each mintage provides something different. The panda design, with only one exception, has changed every year because the coin was first presented in 1982. The flagship gold coin from China is the Panda 1 oz gold coin. As the name suggests, each one of these coins has a single troy ounce of gold within it. The coins are all made of the greatest purity gold, at.9999 %. This means that they are most beneficial in regards to investment chances. Because you can utilize gold for […]

1 oz Chinese Gold Panda Coins


Gold edged up on Monday, holding above the psychological $1,500 level, in the middle of concerns over slowing worldwide financial development as the trade war in between Washington and Beijing drags on. Experts also stated dovish central banks and negative debt yields around the world were further supporting bullion. Here is a short article about gold holds above $1,500. If you wish to check out the initial artcle you can discover the link at the bottom of this post. On The Other Hand, Goldman Sachs said on Sunday that fears of the trade war leading to an economic crisis were increasing which it no longer expected a trade deal between Washington and Beijing before the 2020 U.S. governmental election. Gold […]

Gold holds above $1,500 on global growth worries


Because the cost of gold and other valuable metals have been understood to increase at impressive rates, a growing number of people are taking a look at silver, platinum and gold coins as investments. There are lots of truthful and reliable coin dealerships that can help you buy these bullion coins at reasonable market value. Regrettably, there are also those that are wanting to rip off the uninformed and offer them overpriced gold coins. . Here is a post about things you need to know before purchasing gold coins. , if you want to read the original article you can find the link at the end of this post. Prior to you invest in any of these valuable metal coins […]

3 Things You Should Know Before Buying Gold Coins



Gold holdings had actually been on the decrease for several years however have seen a clear increase just recently. . In addition to its value associated to inflation, gold is most likely to see demand boost, while supply will remain “flat at best,” Bernstein stated, boosting its value to reserve banks and financiers alike. “As with any other product, robust need and weak supply indicates cost gratitude,” Bernsteins analysts wrote. The near-record buildup in government financial obligation internationally, particularly in the US, makes other perceived risk-free assets less attractive. Gold is trading at $1,310 an ounce, up nearly 10% from its recent low in September. Here is an article about why Central Bank are buying gold given that completion of […]

Central banks are buying the most gold since the end ...



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


Austrian Silver Philharmonics
This is a great post about top 10 silver coins to purchase. If you wished to inspect the original post you can discover the link listed below this post. Some of the best financial investments are the ones that have actually currently been around when it comes to down to it. Long term investments can yield excellent revenue. Silver coins have actually ended up being an exceptional method to expand possessions. However, many arent sure where to rely on get the best chance for their money. These are the top silver coins to buy as a long term financial investment. 10. Queen Precious Metals 1/10oz Silver Rounds With research study, this silver coin can add great value. Breaking down coins […]

10 Best Silver Coins To Buy: Complete Guide For Investors



Coins, Silver
Due to the higher abundance of silver available worldwide, it is less expensive than gold. This made it a simple choice for currency, as more might be made. While today most countries use more economical metals such as copper and nickel to produce coins, silver has not lost its location as a financial investment. This series of short articles has been covering the many usages of silver, which shows its worth. Silver keeps its usage as a product, and thus as an important financial investment instrument. The price of excellent and services might fluctuate, but silver will always be valued. We have previously talked about the usage of silver in electronic devices, energy production and in chemical substances and soldering […]

The Many Uses Of Silver, Part 4


Gold bullion
Other than when you show up to physically purchase the valuable metal you discover that the physical rate differs from all of the area costs you have actually been tracking. An area cost is a cost that is a composite of multiple forces, pulling together futures markets purchasing and offering contracts. Another factor while the physical price is different than the area price are the several steps that a precious metal takes before physically showing up in your hands. Do you comprehend the difference in between spot rates and physical costs? A spot price is a price that is a composite of numerous forces, pulling together futures markets purchasing and offering agreements. Another factor while the physical rate is different […]

Spot Price VS Physical Price


Gold and silver coins, the popular “vintage” currency, are quick winding up being the “new world” currency given that they offer the missing link in all paper currencies: a store of worth.Today, Americans are facing a stack of debts. At the helm is a brand-new Fed chief, Ben Bernanke, who has really already been nicknamed “Helicopter Ben” based on admitting he d print enough paper currency and drop it from helicopters to keep the U.S. economy from moving into a recession.The Wall Street Journal simply recently launched an exceptional commentary, “In Gold We Trust,” by David Ranson and Penny Russell of H.C. Wainwright & Co. They talk about why gold costs are the truest barometer of falling public self-confidence and […]

Gold: A True Barometer Of Public Self-confidence