Gold coins Archives - Page 5 of 6

4 Things to understand about the real price of buying gold bullion coins.

It’s easy to rush into buying one or more gold coins, as a hedge against inflation, geopolitical disaster, or both. But before you part with your money, take a close look at the real cost of the coin or coins you are buying. Here are four things to watch for. 1. Not all gold bullion …

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Numismatic gold coins are a tricky buy when it comes to investing.

First, let’s clarify the difference between gold bullion coins and numismatic gold coins. Gold bullion coins are minted on a regular basis, each containing a fixed weight in gold. They are not rare, or collectible. You buy and sell them according to the spot price of gold on any given day. Numismatic gold coins, however, …

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To weigh gold, you need a decent set of scales.

Do you need a set of scales to weigh your gold? That depends on the types of gold you own, and plan to buy. If you just buy bullion gold coins or bars, a set of scales isn’t really necessary. You know the weight of each coin, and the purity of the gold it …

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Owning gold is about retaining control.

When you give your money to a bank, you lose control. When you take out a loan, you lose a great deal more control. When your debts add up, and you suddenly find yourself struggling to repay them, the banks own your life. Watch this clip from the movie, The International. Job one, clearly, is …

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Is it easy to buy gold coins and gold bars online?

It used to be quite a hassle to buy gold online. You had to register, and even then you couldn’t use your credit card. You had to send a person check, wait for it to clear, and so on. If you wanted to buy more than a coin or two, you couldn’t even write a …

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In India and China they seem to get more pleasure from buying gold than we do.

In North America and Europe, buying gold bullion coins and bars is a rather secretive affair. If and when we buy it, it’s almost under cover of darkness. We sneak the gold into our homes or safety deposit boxes, and don’t say a word about it. We rarely display it. Elsewhere in the world, people’s …

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Don’t let investor sentiment get in the way of your long-terms plans for gold.

This has been an odd week. The price of gold has taken some hard hits. How come? Because investor sentiment is bullish for greener pastures. In other words, they feel suddenly optimistic about the chances of making more money by selling gold and investing in the stock market. Why do they feel that way? Well, …

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The gold ATM machine is Boca Raton, Florida, is just the first.

Buying gold bullion from an ATM style machine is a lot more convenient than buying from a traditional dealer. If you happen to live close to Boca Raton, Florida, you can buy your gold from this machine… If you don’t live close by, just be patient, as it seems there are plans to install these …

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Buying gold coins and bars continues to be a smart move.

2010 turned out to be a pretty good year for buying gold, and other precious metals. The Dow was up just 11% over the year. Gold was up 29%. Silver was up 81.6% Platinum was up 20%. Palladium was up over 100%. In other words, all precious metals did significantly better than the Dow. Of …

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Why you shouldn’t hide all your gold in the same place.

The photo above shows Saddam Hussein’s gold, hidden in a tanker truck. That’s a lot of gold! And when he had it hidden all in the same place, it was all lost once the truck was found. Of course, he was probably in a bit of a hurry when he hid it. But there is …

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