Archive for August, 2007
August 30th, 2007 | 
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tmblife asked:
Everbody keep telling me to buy gold and then sell it on the stock market what will happend?
Cynthia Motta
Everbody keep telling me to buy gold and then sell it on the stock market what will happend?
Cynthia Motta
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1. Shop around for gold bullion sellers. Ideally, you will want to choose a seller asking the lowest premium (shipping, handling, tax, insurance, and margin over spot price) on your bullion coin or bar purchase. Prices vary widely among sellers, so your best bet is to compare ahead of time and choose one before you call in on a spot price.
Some dealers collect considerably less margin than others; during periods of adequate supply gold bullion coins typically sell at a 5 to 20 percent premium while gold bars sell with a 2 and 5 percent premium. Those premiums rise when gold is in short supply. Buying bullion gold coins or bars at higher volumes can also drive the premium price down, so consider buying larger amounts to capitalize on premium discounts.
Be sure the dealer has the gold in inventory and that you do not have to wait for the dealer to acquire the gold.
2. Build up a variety of gold bullion . In today’s volatile economy, it’s difficult to determine what currencies will be worth in a year, even five years from now. Most disaster preparation experts advise to keep three to six months of savings on-hand in case of a prolonged emergency. What about a financial collapse? What if your currency is deemed worthless?
Choosing a variety of gold types may be an effective form of preparation. Gold bullion coins such as Krugerrands and Gold Eagles are easily recognized for their gold value and can be exchanged all over the world. They are transportable and are easy to hide. Fractional Krugerrands and Eagles will be valuable in the daily exchange for goods and services. Although not as easy to exchange, gold bars can be hidden away discretely and saved for generations.
3. Keep away from collector’s coins. Although heralded worldwide for their beauty and value, collector’s coins are not a wise choice for the investment-minded individual. Collector coin prices tend to fluctuate widely based on age, amount of gold, and grade. They are not as tradable as circulated gold bullion coins, nor is their worth easily determined. Some collector’s coins come from privately owned corporations rather than from the government, so the purity may be lower and without a guarantee.
4. Consider storage options. You may be tempted to purchase ETF’s (Exchange Traded Funds) or have an entity hold your gold in escrow. These are options if you wish to deal with an increasing amount of investment risk. (Research what happened to ETF’s in September 2008 when AIG faltered.)
However, you should re-think why you are purchasing gold in the first place; it is likely for asset protection during uncertain economic times. Wouldn’t it make more sense to hold some tangible assets in your own domicile under your direct control? Look into a safe or vault purchase if you are concerned about safety and privacy.
5. Invest regularly and look long-term. Instead of making a large-sum, one-time purchase, consider an investment plan for acquiring more gold bullion coins and bars over time. By using simple cost-averaging techniques, you will spread expenses out evenly over time. Don’t be discouraged if you see a cycle where spot prices drop dramatically. Over time, gold prices have always recovered from their lows.
Latest predictions say that gold may rise to over $2,000 per ounce in the near future as demand from China and India begin to strain supply. The worldwide economic downturn is also delaying gold mining research and development, further complicating the supply chain.
By: Mark Walters
About the Author:
Some dealers collect considerably less margin than others; during periods of adequate supply gold bullion coins typically sell at a 5 to 20 percent premium while gold bars sell with a 2 and 5 percent premium. Those premiums rise when gold is in short supply. Buying bullion gold coins or bars at higher volumes can also drive the premium price down, so consider buying larger amounts to capitalize on premium discounts.
Be sure the dealer has the gold in inventory and that you do not have to wait for the dealer to acquire the gold.
2. Build up a variety of gold bullion . In today’s volatile economy, it’s difficult to determine what currencies will be worth in a year, even five years from now. Most disaster preparation experts advise to keep three to six months of savings on-hand in case of a prolonged emergency. What about a financial collapse? What if your currency is deemed worthless?
Choosing a variety of gold types may be an effective form of preparation. Gold bullion coins such as Krugerrands and Gold Eagles are easily recognized for their gold value and can be exchanged all over the world. They are transportable and are easy to hide. Fractional Krugerrands and Eagles will be valuable in the daily exchange for goods and services. Although not as easy to exchange, gold bars can be hidden away discretely and saved for generations.
3. Keep away from collector’s coins. Although heralded worldwide for their beauty and value, collector’s coins are not a wise choice for the investment-minded individual. Collector coin prices tend to fluctuate widely based on age, amount of gold, and grade. They are not as tradable as circulated gold bullion coins, nor is their worth easily determined. Some collector’s coins come from privately owned corporations rather than from the government, so the purity may be lower and without a guarantee.
4. Consider storage options. You may be tempted to purchase ETF’s (Exchange Traded Funds) or have an entity hold your gold in escrow. These are options if you wish to deal with an increasing amount of investment risk. (Research what happened to ETF’s in September 2008 when AIG faltered.)
However, you should re-think why you are purchasing gold in the first place; it is likely for asset protection during uncertain economic times. Wouldn’t it make more sense to hold some tangible assets in your own domicile under your direct control? Look into a safe or vault purchase if you are concerned about safety and privacy.
5. Invest regularly and look long-term. Instead of making a large-sum, one-time purchase, consider an investment plan for acquiring more gold bullion coins and bars over time. By using simple cost-averaging techniques, you will spread expenses out evenly over time. Don’t be discouraged if you see a cycle where spot prices drop dramatically. Over time, gold prices have always recovered from their lows.
Latest predictions say that gold may rise to over $2,000 per ounce in the near future as demand from China and India begin to strain supply. The worldwide economic downturn is also delaying gold mining research and development, further complicating the supply chain.
By: Mark Walters
About the Author:
Mark Walters is founder of CreatingWealthClub.com. He is predicting a period of hyperinflation and explains how to protect your buying power in his new book Buy Gold Now…www.BuyGoldNowGuide.com
Roosevelt Shands
247wow asked:
http://www.MakeGoldFaster.com WoW Gold Guide 118g Gold in 27min!! Don’t Buy Gold!! wow,world,warcraft,gold,guide,vendors,on,wealth,blizzard,ban,your,account,dontbuygold,wealthonwarcraft,making
Bong Schmertz
orytsiht53 asked:
If you’re sick and tired of running around totally broke while other players get epic flying mounts and the most expensive gear, this information is for you!…
Eula Jefcoat
Mean Geno asked:
Exactly, what is a bullion? Is it like a coin?
Exactly, what is a bullion? Is it like a coin?
I was wondering where online I can buy gold and silver bars and coins. Would I physically owned them? Or would they sit on a vault somewhere?
Also, how can I make sure that the gold or silver I buy is real and not fake?
Thanks.
Crista Laday
yusun asked:
I want to decorate my cookies with silver and gold sprinkles. Anyone know where I can buy some?
Rossie Weitzel
I want to decorate my cookies with silver and gold sprinkles. Anyone know where I can buy some?
Rossie Weitzel
billchiam asked:
Where to Buy Gold Bars & Buy Gold Bullion Bars in Singapore. Singapore Gold Bullion Dealer. Reasons to Buy Gold Bullion Bars For centuries, buying gold bullion bars has been recognized as one of the best ways to preserve ones wealth and purchasing power. Gold Bullion Bars are a unique investment, one that has served mankind well for thousands of years. From the times of ancient Egyptians, Greeks and Romans to more modern times, man has been fascinated with the beauty and magic of gold …
Moses Bedsole
Buying gold online could be a bit tricky, but if you keep some considerations in mind, then you would certainly be able to find some great and quality pieces online at reasonable prices.
Gold jewelry is probably the most common and traditional kind of jewelry, which can be worn by almost anyone living in any society. Ever since the earlier days, gold has been used as fashion statements and stylish wardrobe additions in just about all cultures and countries worldwide. Several historians say that it was actually used by men from ancient civilizations as tools. Later on, Egyptians widely used it by combining it with other precious metals, which made different pieces of jewelry.
As you decide to buy online, you would first need to know that gold is generally valued according to its weight or karats. 14 karat gold jewelry is basically made with 58.5 percent of gold which is then mixed with nickel and copper. It probably is the most famous and common karat, which is purchased. It is also famous for being durable yet affordable.
The 18-karat gold jewelry pieces are more common in Europe. Gold pieces, which are 18 karat, are made of 75 percent pure gold. A lot of premium jewelry have 18 karats and are just a bit more expensive compared to 14-karat jewelry pieces.
Pieces, which have 22 to 24 karats, are considered as the most valuable and are the most popular with the elite gold shoppers. They are the purest, as they are made up of 99 percent gold. They also have the richest color compared to any other jewelry pieces.
By: Online Shopping
About the Author:
Gold jewelry is probably the most common and traditional kind of jewelry, which can be worn by almost anyone living in any society. Ever since the earlier days, gold has been used as fashion statements and stylish wardrobe additions in just about all cultures and countries worldwide. Several historians say that it was actually used by men from ancient civilizations as tools. Later on, Egyptians widely used it by combining it with other precious metals, which made different pieces of jewelry.
As you decide to buy online, you would first need to know that gold is generally valued according to its weight or karats. 14 karat gold jewelry is basically made with 58.5 percent of gold which is then mixed with nickel and copper. It probably is the most famous and common karat, which is purchased. It is also famous for being durable yet affordable.
The 18-karat gold jewelry pieces are more common in Europe. Gold pieces, which are 18 karat, are made of 75 percent pure gold. A lot of premium jewelry have 18 karats and are just a bit more expensive compared to 14-karat jewelry pieces.
Pieces, which have 22 to 24 karats, are considered as the most valuable and are the most popular with the elite gold shoppers. They are the purest, as they are made up of 99 percent gold. They also have the richest color compared to any other jewelry pieces.
By: Online Shopping
About the Author:
Want to buy products from a trusted online store with free worldwide shipping? SalwarKameezIndia.com offers hassles-free online shopping for over 3000 unique items including shoes for women and sarees
Norman Wright