Gold News International
6 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Scooped by Earl Thomas
Scoop.it!

Great Advice For Making Money In The Gold Market

Great Advice For Making Money In The Gold Market | Gold News International | Scoop.it

learn about Karatbars here: http://karatbarsteambuildaustralia.weebly.com/karatbars-team-training.html

Earl Thomas's insight:

What do you know about the gold market? Do you understand what it takes to trade intelligently? Could you turn a profit if you bought and sold today? Regardless of what skills you already possess, this article will give you the helpful hints you need to turn a profit tomorrow.

 

Karatbars team build Australia - http://karatbarsteambuildaustralia.weebly.com/

 

Find a reputable buyer to sell your gold to. There are several ways to find out about their reputation, such as online reviews or Better Business Bureau filings. Reputable buyers offer great customer service along with fair prices. You should do this to better protect your gold investment and yourself.

 

Know that all gold investment come with risks. If you're buying gold bullion coins to invest in, take time to learn about the coins before you buy them. Buyers who are uninformed tend to make hasty purchases, which they often overpay for. Like other investments, you don't have guarantees. No one can predict that gold prices will stay the same or that they will remain popular later on.

 

Never buy your gold from a telemarketer. These individuals charge the highest commission rates, meaning you will pay more for your gold coins than you really have to. Instead, look for gold sellers on your own, and always buy from someone who is reputable. This will help you to get the greatest value in your gold investment.

 

If you plan on buying and selling gold often instead of making a long-term investment, consider buying GoldMoney or gold certificates from the Perth Mint. These are highly liquid forms of gold investment. The benefit is that you don't have to worry about storing, insuring or mailing bulky gold coins and bars.

 

These tips have truly given you a great education when it comes to the gold market. The next step is to put them to use by buying and selling some gold. Once you start getting a handle on the right techniques, you'll be turning a profit and enjoying your new investment hobby.

more...
No comment yet.
Scooped by Earl Thomas
Scoop.it!

Great Tips On Gold: Buying And Selling

Great Tips On Gold: Buying And Selling | Gold News International | Scoop.it
Earl Thomas's insight:

If you've thought about investing in gold in the past and have held up, then you need to read this article. Investing in gold isn't complicated, and it is definitely a sound investment. All you need is the correct information to help get you started, and you can find it right here.

 

 

Bullion bars are a great way to invest in gold. These come in various weights. From .5 ounces to 400 ounces, the choice is yours. It will be harder to find the bigger bars.

 

Use GoldMoney to buy gold. It's akin to opening up a bank account but with gold instead. You will simply establish and account, deposit fund and receive the value of your account in gold. The gold is in a vault being protected, but you can sell it or even have a bullion bar shipped to you.

 

While some people like the idea of purchasing gold in coins or bars, the cost is very high. It is also not advisable to keep valuable coins or bullion in your possession unless you have a very secure safe. Having personal possession of a few gold coins is only a good idea if you know you can keep them secure.

 

The first step in buying gold bullion is to be sure you know the actual price on the day of your purchase. Gold prices change daily, so precision is important.


Experts say you should expect to pay more proportionately for a fraction of an ounce than you would for the full ounce. Among gold coins, the Kruggerrand coins from South Africa can usually be acquired at a cheaper price than the more popular American Eagle or Canadian Maple Leaf coins.

 

Always try to buy gold from a dealer with whom you are familiar. Developing a business relationship with a specific dealer you trust will increase your confidence when buying or selling gold. Purchase gold coins and bullion bars that have a known value based on gold prices each day.

 

When you invest in gold pieces or bullion, beware of the tax implications. The Internal Revenue Service considers investment in precious metals similar to investing in collectibles. That carries a high tax liability than investing in equities. You have to factor that in when you calculate the potential returns of your gold investment.

Some of the basics of gold investing have been described to you so that you can get started. Now all you have to do is make your choices and keep on researching the field to learn more. It's time to get excited about gold investing so that it can give your portfolio the boost it needs!

more...
No comment yet.
Scooped by Earl Thomas
Scoop.it!

What You Did Not Already Know About Gold

What You Did Not Already Know About Gold | Gold News International | Scoop.it

What do you know about investing in gold? If you wanted to make a purchase today, would you know how? Do you know all the things to look for? If you want more guidance about gold investments, then this article is going to provide you with the necessary information you need to consider.

Earl Thomas's insight:

Beware of buying or selling gold from any mobile offices or cold-call solicitations. These "businesses" are set up in temporary locations that include inns and motels. They claim to offer instant cash for silver and gold pieces, especially coins. They enjoy taking pieces to make a profit for unfair or no compensation.

 

If you have a nice gold piece, consider selling it privately rather than through a gold purchasing agency or jewelry store. Many companies that are in business to buy gold will only buy it to melt and sell, meaning they will pay only for the weight of the gold. An individual who likes your piece might be willing to pay a higher price tag, because they are likely to keep and enjoy the piece.

 

When buying gold through a private sale, always test to make sure that the gold is real. There are many pieces of jewelry that are gold plated. In order to make sure you are buying the real deal, invest in a gold testing kit. They are not expensive and can save you from buying fools gold.

 

Know that all gold investment come with risks. If you're buying gold bullion coins to invest in, take time to learn about the coins before you buy them. Buyers who are uninformed tend to make hasty purchases, which they often overpay for. Like other investments, you don't have guarantees. No one can predict that gold prices will stay the same or that they will remain popular later on.

 

Now that you've read over this information, you are ready to move forward with gold as an investment. However, always stay on top of the gold market as you would with any investment. Continue to learn about relevant information pertaining to the market, and always look out for new opportunities as well.

more...
No comment yet.