Bullion, the oldest reliable investment!

Cyberattacks and software failures at your bank are two more reasons to keep some of your wealth in gold.

Cyber attacks on banks

Most of us love the fact that we can get cash from an ATM machine, and don’t have to line up in the bank and get money direct from the teller. And more and more of us now have apps on our phones that allow us to check our balances, transfer funds and even make …

Bullion, the oldest reliable investment!

Warning: Why owning gold will soon be banned.

The an on cash and gold bullion.

There is a move by governments to move all financial transactions to the digital world. The first step in that direction is to ban cash. More specifically, to ban high denomination banknotes. To that end, the European Central Bank is talking about phasing out the 500 euro note. And former US Treasury Secretary, Larry Summers, …

Bullion, the oldest reliable investment!

Why you should buy physical gold, not paper gold.

The quick answer to why you should own physical gold is that you can’t trust the banks or your government. Eric Sprout, the billionaire precious metals trader, recently conducted an audit of how much gold the U.S. government has been buying and selling over the last few decades. Here is his conclusion: “We used this …

Bullion, the oldest reliable investment!

How to buy physical gold at the lowest price, and keep it safe and available.

When we think of buying physical gold, we naturally think of holding the gold in our hands and then storing it in a safe place at home, or at our bank. There is something almost irresistible about actually owning and touching the gold you buy. But that need to hold your gold in your hand …

Bullion, the oldest reliable investment!

How to buy gold, and where to store it.

There is no mystery behind buying gold. No secret to how you should buy it. Yes, gold has an air of mystery about it. It is purchased and hoarded by central banks, third-world dictators and the super-wealthy. It is also worn by the rich and famous. It’s easy to imagine that, like fancy cars or …

Bullion, the oldest reliable investment!

How do you feel about your gold dealer asking for your name, home address and Social Security Number?

The Form 1099 reporting requirements are part of the new U.S. health care legislation. Starting in 2012 precious metals dealers in the U.S. will have to report to the IRS on 1099s all purchases of $600 or more from clients in a single year. Just to be clear, Form 1099 is completed not when you …