When you are ready to buy gold, you certainly want your transaction to go smoothly. If you have questions or concerns about your investment, whether you are a new to buying gold or seasoned investor, consider these important points:
When you invest in gold, you are in essence investing in peace of mind. Only buy gold or other precious metals from an established dealer who buys and sells on a day-to-day basis. It takes time to acquire the qualifications, skills, and knowledge required to be a trusted precious metals dealer.
At U.S. Coins and Jewelry, our experienced staff has extensive knowledge of the precious metals markets and premiums. In return, this allows for the fairest transaction for you, whether buying or selling gold. When you buy gold from us, you can rest assured you are receiving a product that is in "Good Delivery," as defined by the London Bullion Market Association (LBMA).
Your personal safety should also be a concern for you. There is always risk involved when making a substantial transaction with a private seller or in an open venue, such as at a flea market. We are a stand-alone brick-and-mortar location where your safety comes first.
Our reputation means everything to us here at U.S. Coins and Jewelry. Truth is, our survival as a business in the precious metals market depends upon it. For us to maintain our impeccable reputation, we must be adept in the day-to-day complexities of trading in precious metals and offer fair and competitive pricing to our customers.
The trading of precious metals is a very competitive market, normally working off a 1-2% margin. With margins this narrow, and being very active in day-to-day trading, we have no choice except to be absolutely fair in our pricing. We invite you to compare our services and our buying-and-selling value to the competition. You will see for yourself that our reputation does indeed speak for itself.
Would you trade stocks and bonds at a pawn shop? Gold is a liquid investment in a universal currency. So, it really comes down to where you want to place your trust.
Pawn shops do not carry the extensive inventory like we do. Many items at pawn shops are received second-hand. Ethically, the chain of custody of gold jewelry and other precious metals should always be in question. Also, pawn shops typically do not possess the knowledge and equipment to positively grade gold, silver, and platinum.
We operate ethically and professionally using the necessary equipment, certified by the State of Texas, to conduct our buying and selling of gold.
WHY IT’S A GOOD IDEA TO BUY GOLD AS AN INVESTMENT.
August 15, 2016
Is It Time to Buy Gold?
Asset diversification is as smart way to protect your net worth especially in volatile political, social, and monetary times. Gold is an excellent diversification tool as it often acts as a hedge against turbulence in the markets through it’s inverse relationship to paper assets. As a general rule, the issues that can cause stocks to fall often will cause gold to rise in price.
Physical gold is a tangible asset and store of value, is very portable, and highly liquid. Gold performs best during times of social and political unrest, fluctuating currencies, and inflation in the markets. In today’s environment of Brexit, the US elections, and terror around the world, diversifying your portfolio by adding a small percentage of physical gold to your assets may be a prudent decision.
You can buy gold in the form of coins or bars in a variety of weights starting at a single gram. Setting up a regular purchase strategy can help you to dollar cost average your investment.
Much like stocks, gold is priced daily on the markets. Unlike stocks, gold has never been worth zero. Gold can also be held in an IRA. Make sure you always work with a reputable dealer, and take physical possession of your gold.
Investors are wise to diversify their asset holdings especially in times of economic uncertainty. One way to diversify your holdings is to buy gold. Gold can act as a hedge against inflation, currency fluctuations, social unrest and political instability. The best way to buy gold for diversification purposes is to buy the physical metal and store it in your home in a safe location.
Gold is available as either bullion coins, or bars and comes in a variety of weights from 1/10 of a troy ounce, up to multiple ounce bars. When adding gold to your holdings, always work with a reputable dealer and take physical possession of your metal.
Gold is priced daily on the spot market and when purchasing gold your price should be based upon the weight and the daily spot price along with a small premium. Gold bars typically carry a lower premium than coins, but coins offer a greater choice in terms of weight. Physical gold, along with silver and platinum can be held in an IRA. A reputable dealer can help you to set-up a gold IRA.
Many investment advisors suggest diversification as a way to protect your assets from negative market forces. Adding precious metals as a part of your overall investment strategy is a smart way to diversify. One easy and affordable way to diversify is to buy gold. Gold is available in weights as small as 1/4 ounce and can be purchased over time (dollar cost averaged) to build a position. When you buy gold from a reputable dealer, you typically pay the daily spot price along with a small premium. Many governments offer gold coinage for sale including United States America Eagles, Canadian Maple Leafs and Chinese Panda coins. Gold is a great hedge against inflation, social unrest and currency fluctuations. Whenever you buy gold as an investment make sure to take physical possession of your metal. It’s easy to store, completely liquid, and portable and unlike stocks, gold can never be worth zero. Make sure to purchase your gold from a reputable dealer.
Gold has been treasured in nearly all civilizations for its luster and unique properties since recorded time. While the vast majority of gold consumed annually is used for jewelry, gold also fulfills important applications in technology, medicine and aerospace. For these reasons, and many more, keep reading to learn why it’s a good idea to buy gold as an investment.
Gold is a universal finite currency held by most central banks. Gold is intrinsically stable in that it can’t file for bankruptcy, it can’t go bust and it will never default on obligations. While the trading value of gold fluctuates, gold’s value has proven to be more stable than any government or paper note in the history of the world.
Safe Investment For a Rainy Day
Gold is traditionally a safe investment during times of regional or global distress. In fact, during times of crisis, the value of gold tends to increase sharply, whereas paper currencies tend to devalue or become worthless. Remember, gold isn’t created by governments nor is its value dependent upon the same. Purchasing gold is a private, anonymous and liquid investment.
Diversify Your Portfolio
If you need to diversify your financial portfolio, look to buy gold. The value of gold generally doesn’t move in line with other assets you may have, such as property or equities. Investing in gold gives you assurance and insurance, so to speak, in your portfolio. Many reputable financial experts suggest diversifying up to 15% in gold.