| Precious metals investing can be very a very | | | | about precious metals investing and settle for the |
| exciting experience if you are just starting out, | | | | first place they find. Doing this is a recipe for |
| but there are several pitfalls you have to avoid | | | | getting ripped off, and I can tell you don't want |
| before buying gold and silver. I've compiled a list | | | | that happening to you. |
| of what I believe are the 5 most essential things | | | | Diversify Your Gold and Silver Holdings - Gold |
| you must know before investing your hard | | | | investing is no different than any other |
| earned money. | | | | investment market. You want to make sure you |
| Beware Of Numismatic Coins - Numismatics is | | | | buy an assortment of gold and silver coins from |
| the collecting of rare and graded coins. If you are | | | | different government mints and mining companies. |
| focusing on precious metals investing, then you | | | | Buy Different Denominations of Gold Coins - |
| want to avoid these coins due to the high costs | | | | There are 1/10th ounce, ¼ ounce, ½ ounce, |
| involved. | | | | and 1 ounce coins available. You don't want to |
| Only Buy Bullion Coins or Bars - Bullion simply | | | | purchase all one ounce coins because if the gold |
| means that the coins or bars produced are pure | | | | price skyrockets, you may not want to sell the |
| gold or silver, and are produced in mass. Bullion | | | | entire ounce of gold at once. |
| products are simply made for investment | | | | Knowing what to do and when to do it is 90% of |
| purposes, allowing you the most value when | | | | the battle when investing. More importantly |
| buying gold and silver. | | | | though, is knowing why you should invest in gold |
| Compare Different Gold Dealers - This may | | | | and silver during a down economy. |
| sound obvious, but many people get emotional | | | | |