Buying Gold

Well with the turbulent times of the economy, stock market etc, the only thing that is still pretty safe, and a wise future investment in my opinion is Gold. So i thought id post some tips.


Decide the reasons for buying gold. Are you going to buy gold for an investment or is it for enjoyment? I.E jewelry or collectable item such as coins.

Jewelry is the most readily available form of buyable gold, but has the least liquidity. The resell sale value of gold jewelry will usually never be the same as you paid for it, and your adding the risk to the fold because you aint guarenteed that someone will like it etc. When buying gold jewelry bare in mind that you probably wont make money if you sell it on.

Collectable gold coins are good because their content and gold quality are guaranteed. It will be easier to sell the coins as there is a specific market for them, and due to rareity or need to be added to a collection, it could become a hot cake.


If you are buying gold as an investment that should be liquid, will you easily be able to promise the quality and content of the gold? We have taken a look at jewelry, lets now look at what it is like to purchase gold stock, gold bars and gold bullion.
Gold stocks
Gold stocks are stocks in a gold mining company, so when you buy these, you are not actually buying the gold but investing in the company in itself. There are risks involved of course. No mining company can predict the exact amount of gold in the mine they are currently working, so if they all of a sudden run out, you are going to loose out.

Some people say the Doubling Stocks is a scam, well im not so sure, and I have a very interesting pick that I will post in it later, for you to judge yourselves.

Gold bars
Unless there is a high demand for gold from jewelers in your area, who want to make jewelry, it will be hard to sell gold bars. The reason for this is that the gold in gold bars doesn't bear a governmental guarantee of quality and quantity, while gold bullion does. Also it is expensive to pay for expert anaylasis to proove that the bar is solid gold, unless the person is a mug, if that is the case, ive got 10 bars for sale.
http://www.wikidweb.com/wiki/Goldteeths.blogspot.com