Buy Gold Blog

September 24th, 2011 by Randy Slabey

Welcome to Buy Gold Blog and Buy Gold Store. Several informative articles, charts and posts are in the works for your reading pleasure. Our online store offers thousands of mint and circulated gold coins for sale. We also have many sizes of gold bullion and gold bars for sale for you to choose from. You can buy gold at a bargain at our online store because most of our sellers do not have the expense of a brick and mortar store, thus the savings are passed on to you.

Buy Gold Bullion to Diversify Your Assets

We have all seen what has happen to the US stock market, banks and financial markets recently. Most portfolios have the overwhelming amount of their assets invested in stocks, bonds, mutual funds, 401Ks or money market accounts. The geo-political and world economic structure is currently undergoing major change! The value of your paper based portfolio, particularly for certain parts of the world, is more unpredictable than usual. Due to these conditions, it is logical to conclude you should buy gold or other precious metals for protection against a potential decline in the paper markets. Gold has been used for thousands of years and it has NEVER been worth nothing! Furthermore, the economic forces which determine the price of gold are different from most financial assets. A stock’s price depends on the earnings and growth potential of the company. A bond depends on its safety, its yield, and other competing fixed income investments. The price of gold depends on other factors such as demand, foreign exchange rates, interest rates, deflation and inflation. Simply put the price of gold moves independently of the prices of financial assets. If you live in America, the price of gold goes up as the value of the US Dollar falls. After the $700 billion dollar bailout passed by the US Government the likelihood of the US Dollar continuing to fall over the next several years is very high based on some economists. You should buy gold to minimize this risk if you have assets to invest.

Buy Gold Bars or Buy Gold Coins (Gold Bullion)

Gold is rare, durable and it is real, honest money. Many claim gold is the best form of money the world has ever seen. We have gold bars for sale at this website. The value of gold is recognized worldwide! People buy gold because the beauty of gold lies in its ability to diversify investments, preserve your purchasing power and protect wealth. At our online store you can buy gold bars as small as 0.5 gram up to 1 Kg (2.54 lbs). You can also buy gold coins for sale such as the American Eagle, Australian Kangaroo, South African Krugerrand, Canadian Maple Leaf and the Austrian Philharmonic to name a few. We have many gold coins for sale in our online store.

What type of gold should you buy? Simple answer is the largest size single gold bar you can afford. Why? When you buy gold bars or you buy gold coins you pay a premium or margin on top of the current gold market price. It costs some money to fabricate a gold bar. Even more money is required to fabricate a gold coin. Additionally, there are other costs such as certification of the authenticity of the gold, its purity, storage and security. These costs are a greater percentage of the selling price if you buy a small gold bar or you buy gold coins that are small. If you can afford a 1 Kilo gold bar the margin maybe reduced to as low as 1% or 2% above the current gold market price. What does this all mean? If you buy small amounts of gold the margin will be higher and you are unlikely to get your money back if you hold on to the gold for a short time unless the market price of gold rises remarkably. Of course, the price of gold has risen about 300% in the past several years.

Buy Gold Now - Genuine Shortage of Gold Bullion Products

Lately, most independent gold bullion dealers have been swamped with orders due to America’s economic situation. The US Mint said in September 2008 they are currently out of the American Gold Eagles. Countries like China and Korea are demanding remarkably higher quantities of gold for manufacturing needs. Our online store is affiliated with EBay. Most of the gold coins and gold bar sellers are individuals or smaller companies. Fortunately, EBay seems to be maintaining a decent supply of gold bullion online. We have structured our store navigation menu to make it easy for you to shop and compare prices of various gold bullion products. By using our store to buy gold bullion you pay no additional mark-up if you were dealing with EBay directly. Furthermore, EBay has escrow services to protect both buyers and sellers should you elect to use it. If you plan to buy gold, EBay has a buyer protection program which is essential when making large purchases. Please feel free to post to the “How was your auction experience category”. We hope we can assist you with any questions or problems. Just use the contact us tab at the top menu. Good luck and buy gold today to protect your wealth.

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