| Should you be buying gold as an investment | | | | established dealers have been known to have |
| today? I wouldn't because the price of that | | | | problems. |
| precious metal has been extremely volatile lately | | | | One of the several questions you should be |
| and if you get in at the top, it's like getting in at | | | | considering is if you want to keep it yourself or |
| the top of the real estate, stock and any other | | | | have the dealer keep it for you. If you're extra |
| market, any gains may be lost. If you're going to | | | | cautious and want to ensure your yellow metal is |
| go into that market, the rules are the same as | | | | actually in your hands instead of a piece of paper |
| any other investment, it's best to go in a little at | | | | saying it's in a vault somewhere, you may be |
| a time. Invest the same amount of money every | | | | paying a premium for shipping and insurance. This |
| month and any ups and downs will be smoothed | | | | is another good reason to buy small quantities |
| and you won't be concerned by the violent | | | | spread over time. Then there's safety deposit |
| swings. | | | | rental if your bank doesn't provide one for free. |
| There are other reasons to buy gold besides | | | | What about confiscation? |
| making a killing in the market. Even conservative | | | | A major reason given for buying coins instead of |
| investors should have some in their portfolio no | | | | bullion is that in America's history, the government |
| matter what the market is doing. Not necessarily | | | | confiscated all bullion and reimbursed citizens in |
| as an investment, but as insurance. In worst case | | | | paper dollars for their gold, whether they liked the |
| scenarios, it will always be worth something, in the | | | | price or not. This law is still on the books and is |
| best case, it will be worth more than cash that's | | | | still a valid law that many, especially now are |
| in the banks and stocks. | | | | particularly worried about. An exemption was |
| What kind of gold do you buy? | | | | made during the confiscation for dentist metals, |
| Isn't it all the same? There are coins, bullion, | | | | jewelry and coins that had intrinsic value to |
| antique coins, stocks, mines, futures and | | | | collectors. Does this mean the American Eagle |
| commodities markets, stocks and funds that | | | | coin series has intrinsic value to collectors? New |
| invest in mining and equipment that's used to mine | | | | American Eagle coins are considered bullion and |
| it and other precious metals.There are American | | | | may be subject to confiscation. If that's a |
| coins and several countries produce coins of | | | | particular concern, ensure you're buying antique |
| some sort and in several different denominations, | | | | coins. Those coins come with a hefty premium, |
| sizes and quality. | | | | dealers and brokers know that and try and push |
| Should you buy gold online? | | | | the sell of old coins for exactly those reasons. |
| How do you know an online dealer is reputable? | | | | Selling your precious metal is the easy part. |
| The same way you know a brick and mortar | | | | Because it's gold, you can sell it any time and |
| dealer is reputable. Check the Better Business | | | | anywhere in the world. There are always dealers |
| Bureau, check with independent sources from | | | | in any decent sized metropolitan area, but like any |
| Internet, family and friends. If they've only been | | | | insurance policy, you shouldn't cash it in unless you |
| in business a short time, be extra wary, but even | | | | absolutely need it. |