Gold Bars
While most folks seem to be involved in a Gold Rush Silver has been steadily growing in worth .
Although Silver is still growing in value it will probably continue growing in value.
One investor tried to corner the market in silver but was eventually foiled .
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Utah: Forget dollars. How about gold?
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Gather 'round, gold standard enthusiasts.
Buying Gold Bars, Things That You Should Know
Buy Gold Coins
Article by Kevin Cox
Buying gold bars is a good way to invest in gold. With gold bars you get more gold for your money compared to coins of the same size. The reason for this is when you buy gold coins you are usually paying a higher mark up for the manufacture of the coin. Gold bars are usually cheaper to manufacture than coins; that is one of the main reasons why bars are usually cheaper than coins. When buying bars it is important to know what bars are popular with the investors in your area. The reason for this is the more popular a bar is with investors the easier it will be to liquidate when the time comes.
When buying gold bars it is important to know that the larger the bars you buy the closer to spot price you should get the bars for; compared to there weight in gold. It is also important to know the larger the bars you buy the harder they will be to sell. It is recommended that if you do buy gold bars larger than one troy ounce, that you know a number of good places that you can liquidate the bar or bars when the time comes.
It is recommended before buying gold bars that you research and know which bars and companies have the best reputation. This will not only help you to know what kind of gold bars to buy but, where some of the best places to buy them are. One other thing that is recommended when it is possible is to check the weight of every bar before purchasing. Gold bars are one of the best and safest ways to invest in gold. If you follow some of the information you read here, investing in gold will become an even safer investment.
About the Author
A good web site where you can see more information on topics like this is Buying Gold Bars which is highly recommended, You can also see the video for Buying Gold Bars. Thank you and enjoy.
Perth Mint 2011 Gold and Silver Bullion Coin Launch
www.perthmintbullion.com -- In this video, The Perth Mint unveils the designs for its 2011 Gold and Silver Bullion Coin Program. Issued as Australian legal tender, these gold and silver coins are for investors who want to buy bullion and collectors who want precious metal coins with annual design changes. Struck from 99.99% pure gold or 99.9% pure silver in a wide variety of sizes, the Program comprises the Australian Kangaroo, Australian Kookaburra, Australian Koala and Australian Lunar coin series.
Buy Gold Coins Video Rating: 4 / 5
Buy Gold Coins question by jason m: why I can't I buy gold coins for the same price as a dealer?
I mean whats the deal.......I see the prices that dealers sell for and the price they buy for....take for example a 1/10 ameraican eagle......they sell it for 70 to 75 bucks right?....but...they buy if for almost the spot price of gold.....Why can't we do the same.....I mean its "the people" that make our government and as a tak payer and a member of "the people" dont I have a right to buy a coins for the same value as a distributor....I mean you go to a bank and give them a dollar and ask for 4 quarters.....They give you four quarters....They don't ask you for another 15 cents.....lol.....SOME ONE WHO KNOWS WHY>>>PLEASE EXPLAIN IT TO ME.........
YES PEOPLE.....It is very obvious that someone that buys something and wants to then turn around and sell it wants to make a profit....this I understand....And yea I know banks don't carry gold coins....I do collect.....what I guess I was asking was this......NOW STAY WITH ON THIS PEOPLE>>>>>The dealers buy the coins they sell....RIGHHHT...ok.....they get a discount from whome ever it is they buy from this could even me a discount from the GOV if they are buying from the mint directly...OOKKK....What I am asking is if the distributers that sell in stores and online can buy it for a a low price from whom ever it is they are buying from....then why can't we as the general public buy coins directly from those people and cut the middle man distrbuters out......I am not trying to be mean but an anwser from someone that assumed I knew more about coins then the fact that you can trade them for goods and services would be nice......
Another point about gold and profit....I spent some time in the navy and while in I was in many countries in the persian gulf area.....and besides a little bit of price haggling....You can easily get gold and diamonds for below the current spot values....I did.....I got my sister in law a tri-gold necklace 22k yellow 22k rose and 18 k white gold along with another white gold necklace and a cross with 1.1 carrts woth of diamond on the cross 6 from top to bottem and 4 diamonds across....TOTAL COST: $ 157.00 and a USS Ingraham ball cap....( this was 2004) ....when I can home I took the items to a Zales and had a rep look at them.....then got them apraised by a 3rd party company....TOTAL VALUE IN THE US OF A : $ 2,758.00 I also bout my wifes engagement ring there....CERTIFIED 1.1 karrat pricess center stone VVS2 Excellent cut and 2 round brillants on either side each 0.25 karrat VS1 clarity...set in 18k Whit gold.....you tell me what that worth in the STATES...
DOn't get me wrong though people I do agree with some of the things you are saying.....but what alot of people don't is that mark up for lets say Bahrain or UAE to the USA for gold and jewerly is 350 percent be the time we see it...and thus we base are value on that because most of us don't have the oppertunity to go to the source and but it.....se we pay what we think is fair.....But I would say the amount of gold I bought while overseas exceeded the 1 oz mark....and I paid aorund $ 250.00 for it.....gold was about 400.00 or higher per 1oz at the time I think.....my wife ring I paid $ 1068.00 dollars and a couple shell casing from some of the larger guns off my ship....So after my experience I can never ever believe that a better deal is not out there.....If worse comes to worst....after med school i will just have to fly out to the places I have mentiond and buy there before it gets here
Buy Gold Coins best answer:
Answer by Pete K
Because even though the dealer may get it cheaper, he still has to have some profit. If he goes around selling the same price he bought he is doing nothing. The fact he sells more expensive is simply the dealer trying to make a good amount of money out of this.
Tags: about, Australian, Bars, buy gold coins, Dollars, Forget, Gold, Gold Bars, kevin cox, Mint, time, troy ounce, Utah.
Filed under Gold Coins by keith on Apr 5th, 2011. 17 Comments.
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