How To Buy Gold Bullion Coins
Gold bullion coin price is based on the weight of the precious metal and the scarcity of the coin itself. The scarcity arises from the fact that once a mintage of a coin is done for a specific year there will never be another coin of that year produced. Minted coins also offer the guarantee that comes from a reputable mint like the U.S. Mint. Gold bullion coins are generally legal tender in the country that the coin was minted.
Buy Gold Coins And Gold Bars From Mints Around The Globe
Gold is the only investment that has been used to preserve wealth for centuries. Precious metals like gold help to diversify financial portfolios to help protect your hard-earned assets against the volatility and fluctuations of a global economy. A balanced portfolio incorporates precious metals like gold.
Add stability to your financial future by purchasing gold bullion or investment grade coins. Take physical possession of your investment and easily store it in your home. The United States Gold Bureau offers gold bars and coins and is the home to the Ed Moy Signature Series Gold American Eagle PF 70 and Gold American Buffalo PF 70 investment grade coins. We also offer gold coins from mints around the world like the Canadian Maple Leaf, the Australian Gold Kangaroo, and the South African Gold Krugerrand.
Specific investments in gold can be included in a self-directed IRA. There is specific paperwork to be completed when acquiring precious metals to be included as part of an official IRA or 401K retirement account. Please contact our Retirement Services Division at 800-775-3504 to learn more about this opportunity.
How Well Does Gold Hold Its Value In A Downturn
The answer depends partly on how you invest in gold, but a quick look at gold prices relative to stock prices during the bear market of the 2007-2009 recession provides a telling example.
Between Nov. 30, 2007, and June 1, 2009, the S& P 500 index fell 36%. The price of gold, on the other hand, rose 25%. This is the most recent example of a material and prolonged stock downturn, but it’s also a particularly dramatic one because, at the time, there were very real concerns about the viability of the global financial system.
When capital markets are in turmoil, gold often performs relatively well as investors seek out safe-haven investments.
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Thinking Of Investing In Physical Gold Consider The Pros And Cons First
Pros
- Protect your wealth. Gold has long been seen as a reliable store of value that is largely unaffected by the factors that influence other investments. For example, when share prices plummet, the price of gold usually rises as investors look for somewhere safe to park their money.
- Diversify your portfolio. Golds safe haven status also makes it well worth considering if youre looking to diversify your investment portfolio and protect your overall financial position during periods of market downturn.
- Easy to buy. There are many dealers who specialize in buying and selling gold, so getting your hands on this precious metal may be easier than you think.
- Its a tangible asset. If global financial systems were to somehow collapse, such as what happened during the Great Depression, owning gold as a physical asset offers financial protection. Gold also cant be destroyed by fire or water damage and wont corrode over time.
- Liquid. Gold is fairly easy to convert to cash whenever you need to do so. However, it can be easier to sell a gold stock or ETF than it is to sell a bar of gold.
Cons
Gold Bars Manufacturers: Government Mints Vs Private Mints
Gold Bars are precious metals bullion which have been manufactured for centuries, under government regulation.
Government Mints, such as the Royal Canadian Mint or Perth Mint, represent government institutions which have the absolute right to produce legal tender bullion. Each gold bullion bar produced by a government mint must be obligatorily commissioned and regulated by the National Treasury Department’s, otherwise, they can be subject to criminal charges. On the other hand, private mints have the flexibility of producing a wide range of uniquely designed gold bars.
When you go to buy gold bars available for purchase, they presently are produced by notorious private mints, such as PAMP Suisse, Credit Suisse, Argor-Heraeus, Republic Metals Corporation, Istanbul Gold Refinery, Valcambi, Scotiabank, Ohio Precious Metals and Sunshine Mint. These companies manufacture bars made of gold of with various outstanding designs, like the and PAMP Suisse Gold Bars, and especially popular and newly designed 1 oz. PAMP Suisse Gold Bar. One of the newest, and perhaps most remarkable gold bar pieces is the Gold CombiBar from Valcambi. These bars are made of several bar segments and can be easily separated into smaller gold bars, making them a flexible investment opportunity.
Gold Bullion Bars
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Gold Etfs And Mutual Funds
More conservative investors can buy shares in gold-oriented mutual funds or exchange-traded funds . These funds have varying investment approaches: gold-backed ETFs tend to invest directly in physical gold, while mutual funds favor gold mining stocks. Some funds invest in both. But all offer a liquid, low-cost entry into the gold market that is more diversified, and so lower-risk, than buying equities outright.
Doesnt Earn Passive Income
Gold coins only appreciate in value when the price of gold or its collectible value increases. Stocks, bonds and savings accounts can earn passive income through dividends.
As the spot price for gold fluctuates, it can take years to sell your coins for a profit if gold investments enter a recession.
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A Note On Where To Buy Gold Bars
Almost ready to make your move? Where you choose to buy gold bars can impact the size, type, packaging, and price of the bars available to you. You can buy gold bars online, over the phone, or locallythough youll want to weigh the pros and cons of each option.
Shop with a local dealer and you could walk away with gold bars almost instantly. While instant gratification often feels satisfying, it can come at a price. Will you be able to comparison shop and evaluate all of your product and price options side-by-side? Comparison shopping over time and across products is one of the best ways to help decide where to buy gold bars.
Apart from gold bar prices, there are security concerns to take into account, too. How far do you want to travel with real, physical gold in your vehicle? How far do you live from the nearest reputable gold company? How far will you need to carry your gold bars to get them in and out of your vehicleand are you capable of doing so?
Holding a one-kilogram gold bar feels about the same as holding a liter of water. You can carry one liter of water. But lets say you buy 10 gold bars. Are you ready to carry the equivalent of 10 liters of water from a local gold dealer to your car, then into your home or storage location? Even if you dont break a sweat, do you feel comfortable carrying all of those gold bars safely?
Know The Difference Between Bars And Coins
While all forms of pure gold have significant monetary value, not all investment-quality gold is equal. From an investment perspective, investors wanting to add the physical product that tracks the price of gold may wish to avoid gold coins. These coins often feature attractive designs, have historic value, and contain a lower quantity of gold, but still, cost more due to their numismatic value.
In addition to costing more, gold coins sometimes skew the value of an investors portfolio. For example, the highly regarded American Eagle coin produced by the U.S. Mint contains 91.67% gold but costs more than plain gold bars because of its value as a collectors piece. Some investors may want collector’s items, while others may want plain gold bars, which typically are the easiest to hold long term and convert to cash.
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Choose The Size And Type Of Gold Bar
Gold bars are produced in various sizes and are available at many price points. Choose from bars ranging from 1 ounce to 1 kilo, depending on your budget, personal preferences, storage capabilities, and holding strategy.
Size and price
The market value of a gold bar is almost entirely based on its weight in gold. A bar’s price closely follows the spot price of gold, i.e. the price at which you could buy one ounce of gold right now as opposed to some date in the future.
In general, the larger the bar is, the greater the price. What amount of your wealth would you like to safeguard with gold? With this number in mind, you can narrow your options down to only bars that fall into your price range. Note that a bars final purchase price will vary slightly from the spot price of gold depending on the current market supply and demand, as well as local, national, and global economic conditions.
Minted vs. cast
Apart from the bars size, you also have different types of bars to choose from, typically minted and cast. Minted gold bars are hand cut or punched from a large flat piece of gold and are often produced with glossy finishes and artistic designs . Minted bars, depending on their size and refiner, can be packaged in sealed assay cards that provide details about the bar’s authenticity and protect its condition.
Tips For Responsible Investing
- When it comes to investing, its extremely important to diversify your portfolio to protect yourself from risk. If youre looking to purchase gold, make sure that its just one aspect of your portfolio.
- When youre deciding how to allocate your assets, make sure to think about your rate of return. You always want your investments to be outpacing inflation, otherwise theyll be less valuable than when you invested in them.
- If you need help navigating all the different types of investments, a financial advisor could really help. Our financial advisor matching tool can link you with up to three local financial advisors. These are professionals who can guide you through every step of the investing process.
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The Growing Trend For Buying Gold
Claudio has been traveling throughout the United States for four weeks now and has visited Texas, Montana, Georgia, Alabama, Washington, and New York. Here are some of his final thoughts and observations from his travels:
I am extremely positive about what I see happening. I have spoken to a lot of people and we can see that there are clear trends toward decentralization. You have the internet and it is clear that the government doesnt control the media and the information that we are fed any longer.
Thats why we have Trump and Brexit and secession movements and fake news. These are all cracks in the system. At the same time, however, we have Bitcoin and blockchain technology, which will lead to a decentralized financial system, decentralized communication, decentralized law, and decentralized production.
This will allow the three to four billion people who currently do not have access to a bank account to gain access to the system. They will become market participants in the future and, with a decentralized financial system on the blockchain, the trend is clear: we are moving toward decentralization.
The system as we know it is breaking apart, which means that gold makes perfect sense so do cryptocurrencies and blockchain technology.
You can find Claudio at .
Clients are moving their assets from bank vaults to privately held vaults. There are a few reasons for that:
Advantages Of Gold Securities
Along with some of the general benefits of gold ownership, securities offer:
- Liquidity. Trading as they do on major exchanges, gold securities are obviously easier to buy and sell than bullion. No storage costs, either aside from any management or account fees your broker or fund manager might charge.
- Compounded returns. While dividends offered by miners are typically average at best, they are greater than no dividends at all, which is what you get from physical gold. And there is also the possibility of appreciation in the share price.
- Low initial investment. The most cost-efficient way to invest in general, mutual funds and ETFs let you in on the game at a far lower cost. With the spot price of an ounce of gold around $2,000, $180 for a share of the SPDR Gold Shares ETF equal to 1/10th of an ounce of gold is, well, spot on.
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Buying Gold & Silver Online Vs Locally
In principal, making a purchase from both of these establishments is very similar. You browse their selection until you find some merchandise that appeals to you and then you pay for your purchase. However, there are significant differences between the practices of these stores that can greatly affect both the shopping and the overall customer experience.
The most obvious difference between these two establishments is convenience. With local coin shops, customers are bound to a specific location, which they must physically visit in order to make their purchase. In addition, customers who decide to make their purchases locally will find their shopping restricted to the prescribed business hours of that particular store. In contrast, online dealers are available 24 hours a day and can be accessed from anywhere, which means that customers are free to shop and make their purchases without any location and time constraints.
Customers who have done their research will notice that online dealers can typically offer more competitive prices than their local coin shop establishments. This price reduction is due to the fact that online dealers have fewer expenses to cover. Virtual storefronts usually do not incur the same overhead costs that brick and mortar stores do, such as rent or utilities. As a result, virtual dealers are able to pass these savings to their customers and offer lower product premiums.
Increase Your Wealth With Precious Metals
United States Gold Bureau is a private distributor of Gold, Silver & Platinum coins from the U.S. Mint and is not affiliated with the U.S. Government. Information on this website is intended for educational purposes only and is not to be used as investment advice or a recommendation to buy, sell, or trade any asset that requires a licensed broker. As with all investments there is risk and the past performance of a particular asset class does not guarantee any future performance. The United States Gold Bureau, principals, and representatives do not guarantee to clients that they will realize a profit or guarantee that losses may not be incurred as a result of following its coin collecting recommendations, or upon liquidation of coins bought from the United States Gold Bureau. All content and images are owned by USGB and may not be reproduced without written authorization.
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Investing In Precious Metals
Adding precious metals bullion and coins to an investment portfolio can provide diversification and can act as a hedge against inflation. We offer competitive pricing that is driven by market rates and quoted in Canadian or US dollars. In addition to owning physical precious metals, you can also buy precious metal certificates this allows you to own gold or silver without taking possession of physical bullion or coins.
How Do Silver And Bitcoin Compare To Gold
Between the two, silver is much more similar to gold than bitcoin, but all three share a common trait as market or inflation hedges. Like gold, silver can also be used to make products or worn as jewelry. Bitcoin is a much newer asset, and without the centuries of data to draw on, its viability as a hedge is highly speculative compared to gold.
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Build Up Liquid Stocks
Gold is monetary insurance as well as a means of building up savings over a longer period of time. For example, a person who invested $100,000 in physical gold in 1970 would be able to buy roughly 1800 ounces of gold. Today, that would be worth $2 million. Even if you purchased an ounce of gold in 2004 at a price of $500, it would now be worth over $1900.
As with anything related to gold, you need to know what youre doing. In this case, that means you need to have an investment horizon. Dont look at it as your trading vehicle. Instead, ensure that you are buying and then putting the gold to the side. Its your insurance. It acts as a store of value.
You cannot print wealth out of nothing. It is impossible.
You can do it for a certain period of time, but one day the debt has to be repaid. The world financial system had 140 trillion of credit in 2008 today, we are standing on almost 258 trillion of credit. Thats massive. Everything has an end and this debt orgy that we have been witnessing for the last 50 years is going to end as well.
We dont know exactly when, time is always slow, but it will end. That is why you should be putting liquid gold on the side. You want to have access to your gold in a crisis and you dont want to be running around with a kilo of gold. You will want it to be liquid.
