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Troy Oz Gold Bullion
Weighing different silver coins and bullion
How to Buy Gold Online
Buy gold online? Well, in addition to a certain age-old skepticism over buying gold bullion is the question about buying gold online. In today's internet age, many investors buy sizable amounts of gold online, especially gold bullion coins and bars, in a few simple clicks and keystrokes.
When you decide to buy online, first have in mind what types and amounts of gold you intend to purchase. This can narrow down your search dramatically, as some dealers only sell gold bullion coins. Others may sell both gold coins and bars, as well as collectible coins.
A good way to begin searching for an online seller is to type the coins you're looking for right into a search engine, such as "Gold Eagle 1 oz bullion" or "Krugerrand ¼ oz."
When narrowing down a dealer search, make sure the dealer has a good reputation. We regularly buy from Investmentrarities.com, bullion.nwtmint.com/ and blanchardonline.com/ with complete confidence.
Buying gold coins or gold bars over eBay can be a risky venture, especially since a dealer's reputation in the gold market can be masked by a menagerie of feedback. Just because the dealer is a "Power Seller" does not mean that all those transactions came from gold sales! The feedback could've come from 100s of faux cashmere sweaters and junk market jewelry.
Here are a few things to check when trying to judge a dealer's good-standing:
"What does the website look like? Is the site linked to an actual place of business? A site set up on the internet without a physical business location looks risky from the start.
"Is the site encrypted when you move to a transaction web page? If not, STOP. Do NOT make any transaction with this dealer.
"Is there a return policy? Make sure the dealer has one or you could be stuck with a piece of junk gold.
When you think you've found a good dealer, start looking into premiums (cost above spot price) charged. Making a premium cost comparison could save you hundreds, if not thousands of dollars.
Prices often vary as far as sales tax, shipping and handling charges, and profit-generating mark-up amounts. Occasionally, a return charge applies should the customer be unsatisfied with a purchase.
A few more things should be looked over when buying gold bars from an online institution. Each gold bar should have a refiner's mark, gross weight in troy ounces, purity, and a serial number on it. Make sure to get the numbers when ordering a gold bar and upon receipt, inspect the bar to ensure accuracy. A certificate should accompany each bar disclosing these critical markings.
You can find the current spot price of gold and silver many places on line. One website that not only has prices, but very helpful charts and news is at Kitco.com. There is no cost to visit Kitco and they also sell coins and bullion.
Another good sources of news about gold and silver can be found at goldnews.bullionvault.com/.
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
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Frequently Asked Questions...
How do i go about buying gold coins as an investment?
I've heard of gold bullion,troy oz,and investing in a gold mining company..your thoughts
Answer:
I use 2 companies. I use Monex for buying silver and Patriot Trading Group for buying gold.
First off you need to understand that gold is not an investment. The best way to own gold is to buy and take physical delivery of the gold itself. Silver is also in the gold realm as well, so when talking about gold, silver is included.
It is always a good idea to own some gold and silver at all price levels. To truly understand gold and silver, and why you should own it you have to understand the economey and get the movie of life on the largest screen possible. I listen to the following radio broadcasts posted at the end of this post. You should too to fuly understand what is happening and the action you should take.
Gold is money and a store of value. It is the "Currency of last resort" as Greenspan has stated many times through the years. Gold doesnt pay interest, dividends, doesnt restate earnings, has no lawyers, accountants, CEOs or CFOs lying to you on television. Gold doesnt ask for bailouts, doesnt go BK and cannot cook its books. Gold cant be debased or printed at the will of a company or governmetnt and holds its purchasing power.
Gold sits there as a store of value, is labor intensive, and a one ounce coin will not split into a bunch of half ounce coins at the direction of the pin striped bandits on Wall Street. Also Gold is the ONLY asset class in the last ten years to increase in value and retain every dollar of its purchasing power.
Gold can be bought in many forms. Coins are the best. I personally like the US coins in both the Gold Eagles and the pre 1933 US $20 gold peices. Gold Eagles are hard to find right now but $20 pre 1933 gold pieces are avalible from PTG at www.allamericangold.com . This is the company I use and I like them and their radio show that airs every weekday.
Once you have physical gold and silver then ETFs or stocks are fine but I strongly suggest in holding physical gold for long term value and storage.
Cons to owning gold is it is subject to short term market manipulation by the Federal Reserve and bullion banks. This can cause the short term price to be pushed down as is being done today. This is why the paper price on gold verses the physical price is not he same today. Paper price today is about $830 an ounce but the physical price is ranging between $900 to $1200 depending upon the product being bought.
http://patriotarchives.blogspot.com/
http://www.korelinreport.com/
http://www.financialsense.com/fsn/main.html
http://www.howestreet.com/audiovideo/
http://radio.goldseek.com/
http://allamericangold.com/index.html
http://dollarcollapse.com/
http://www.silver-investor.com/



















































































