Now you are convinced that silver and gold investing is smart. The gold rate today is rising. Realize that you need to act immediately and make silver or gold investments. Now the question is, which forms of gold or silver should you invest in? How do you purchase it? How do you buy it?
It is important to remember to buy real silver and gold, not fool’s gold or fool’s sterling. You will need to purchase gold coins, silver coins, gold and silver bar, or any other physical precious metals that can be held in your hands. They don’t need to be held in your hands. You can keep them in one or both of the Brinks storage locations.
Physical gold and silver are best to have. There are many other types of gold and silver on the markets, but many of them are just fool’s or fool’s money. EFT’s, also known as exchange traded funds, are number one. In the gold community, it is generally accepted that exchange traded funds may not have the gold and silver they claim they do.
You are actually buying price exposure to the current gold rate when you invest in these funds. You are not buying physical silver and gold that you can touch or hold. One of the best private investments is to buy physical gold or silver. You and the dealer are the only ones who know about it. EFT’s can be used to transfer private investments back to the banks that created the economic financial crisis. They are your risk.
You should also be on the lookout for certificates and pool accounts. They likely don’t have the right amount of gold or silver to back up their investments in the pools accounts. You’re basically investing in futures contract. This means that you will be exposed to futures prices and not the real deal.
There are also collectible or numismatic coins. A numismatic coin can cost you many times more than the actual gold and silver content. This is because you are buying the rareness of the coin and how valuable it is to someone else. Bullion coins and bars have a value that is determined by the current spot gold and silver price. There are thousands, if not millions, of buyers for bullion silver coins and bullion gold coins.