Invest in Silver Instead of Gold or Other Precious Metals for Retirement or Building Wealth

10In recent months, silver’s prices have been observed to have been dropping and the investors are getting hungry. To invest in silver is a great way of securing/diversifying your investing and building your portfolio. Silver is cheap and has the potential to offer great returns, particularly when invested for the long term.

One of the most convenient ways of investing in silver is by making purchases of physical silver. This may come in the form of either coins or bars. Coupled with increasing demand from the industry as well as lower prices, more and more people are nowadays opting to invest in this metal compared to other precious metals such as gold and titanium.

While purchasing silver bars, you need to make special arrangements for transportation and storage of the silver (or utilize a company to help set all this up for you). Silver coins on the other hand have the advantage of being smaller as compared to bars; hence you need not come up with special transportation needs. They also do not use up a lot of your storage space.

As an investor, you may want to keep an open eye for the American Eagle silver coin. This is the most popular and valuable coin in the US. In the past, investors in precious metals opted to invest in gold coins, but silver is gradually turning the tables around.

For one thing, silver coins are much cheaper than compared to gold coins; in fact, they are at times cheaper by up to 60 times less. The industry is particularly attractive to investors who do not mind a little bit of volatility.

As previously stated, physical metal still remains the best way of investing in silver. EFT’s are not that great as it means you have to make purchases on paper silver. The flip side of this is that the EFT could be an excess of the silver available in the market.

In order to fully benefit from silver investment, it is advisable that you seek advice from a professional investor or adviser who has gained a lot of knowledge and reputation in handling mining stocks with great results.

When looking to invest in silver, it is advisable that you look for a safe and secure location for storing your investment. One way by which you can ensure that your investment is totally secure is by getting a bank safety deposit box. It is much safer for you to store your silver in such a manner, rather than storing them in your house.

Adding silver to your portfolio for retirement purposes or building wealth may prove a solid move. The key is to understand the market, risk a comfortable amount, and pay attention to both fundamental and technical factors. Also, don’t be too jumpy as the volatility of a commodity such as silver can be greater than other markets such as

Gold Investments – Types Of Gold Bullion Coins

Creative business financial corporate stock exchange trading and making money and profit investment concept: black glossy touchscreen smartphone with stock market application, golden ingots and gold coins isolated on white background with reflection effect

In the contemporary world, many people invest in gold. Unlike other investment options, gold investments are considered to be resistant to economic fluctuations. The securities and money markets tend to keep fluctuating and it is becoming more difficult to predict the value of stocks. The gold value on the other hand tends to be more constant with little fluctuation. This may be the reason why many people turn to investing in gold as opposed to other investment options.

The two most common types of gold investments are gold bullion coins and certified rare gold coins. One of the good things about coins is their small size that makes them easy to handle and store. All that you may need is a just secured safe where you can store your coin investment.

Investing in bullion coins is a good strategy especially for the short-term investment. Gold bullion is basically available in bars and coins. While investing in bullion, you may opt to go for the bullion bars or instead of the coins. The bullion bars normally start from 1 gram to 400 ounces. On the other hand, coins may weigh from 1/10 ounce to 1 ounce. However, lighter coins have emerged with time and you can now access coins weighing as little as 1/20 ounce. Therefore, gold coins are indeed a very convenient choice for the investor.

The best thing about investing in gold is that gold is a recognized investment across the world. For instance, the gold bullion coins are a legal tender struck and guaranteed by government mints. This gives gold coins an instant liquidity throughout the world. Once you invest in gold coins, you can transform them into liquid cash in any part of the world.

Alongside the bullion coins, the other common type of gold investment is the certified rare gold coins. Since the advent of third-party coin grading and certifying services in the late 1980s, rare coins have become a very viable and a profitable vehicle for long-term investments. Reputable firms such as NGC and PCGS that facilitates bullion trading may be the reason why investing in gold coins has gained a lot of popularity in the recent years.

Usually, rare certified gold coins come along with a label bearing the certification information. The coins may also be encapsulated in a tamper evident package. This packaging is efficient in providing both protection for the coin and a secure permanent record of its assessment. Firms such as NGC and PCGS guarantee their coins for authenticity and grade. You can access a wide range of authorized gold dealers making your process of investing in coins both fast and convenient.

Some of the most common gold coins available include the South African Krugerrand, the Canadian Gold Maple Leaf and also the Australian Nugget. These coins are very popular and are noted to contain one troy ounce of gold. Other popular gold coins that may be considered include the American gold Eagle and the Chinese Panda.

Invest In Gold Before The Zombie Apocalypse

8You’ve got your bunker, food, weapons and tin foil hats all set for yourself and your family but are you truly ready to fight for your survival after the upcoming zombie apocalypse? You forgot to invest in gold and other precious metals to secure your savings! How in the world are you going to purchase more tin foil and ammo for your high powered rifle when society breaks down? Will you turn to looting like a common peasant?

While this thought is a little tongue in cheek, there are more level headed investors looking to invest in gold or secure their IRA or other savings with gold than every before. As we all watch the TV and balance reality from fantasy as politicians and the news media tell us the state of the world economy, there are enough respected sources that are beginning to admit that things don’t add up. What is truly going on is a topic of highly spirited conversations, to say the least.

While none of us wants to be branded a doomsday Sayer or a fanatic, as the months pass there are many investors who are holding their breath. As countries and banks battle over the world’s gold supply, you have to wonder what will happen. What is going on? Is there cause for concern? Other countries are buying gold at breakneck speed and the precious metals market jumps when the market opens. The temptation to admit that something is afoot is silently thought by many yet these words go unspoken for fear of being the cause for mass hysteria.

So, how do you hedge your bet and invest at least a portion of your portfolio in precious metals or gold without having your friends and family talking about having you fitted for a tin foil hat? It’s simple. Skip having that bunker built. Avoid allowing your internet history to be filled with doomsday websites and explain to all of them the logic behind investing in gold.

If you have an IRA, the process of having your retirement backed by gold and other precious metals is as simple as rolling your IRA over into a Gold IRA. The only difference is that instead of a normal rollover, your new IRA is backed by gold. Even if you know nothing about buying gold or what kind of metals such as gold, platinum, silver and palladium you should use for your account, there are people that can make recommendations for you. There are specialist who deal with specifically Gold IRA rollovers.

Second, any time that the stock market is highly volatile or unpredictable, smart investors start looking at investing in gold. It is a commonly known and historical pattern that when investors begin to lose faith in stocks and bonds they turn to precious metals, gold in particular. There is nothing really strange about investing in gold. You are simply following sage old advice that savvy investors have known for a long time.

Lastly, how much sense does it make to back your money with something tangible and highly liquid, like gold? The US currency was formerly backed by gold and there are many who say that any currency that isn’t backed by gold will eventually fail. While you may wish all you want that the US dollar would go back to being backed by gold, those days are long gone. In lieu of wishing you could go back in time, backing your own money or a portion of your savings with gold is a logical move in the right direction.

If your friends and family still don’t believe you and they start asking you about your prediction of the upcoming zombie apocalypse, embrace your inner freak and have some fun in the process. Fashion your own tin foil hat, lay our similar hats for each member of the family including the family dog or cat and begin the apocalypse drills for Saturday mornings at 3 AM. If your family doesn’t appreciate being woken up at 3 in the morning, remind them that although you doubt that zombie will walk the earth in mass, you are prepared for any economic crisis no matter how big or small it might be.

You don’t have to be preparing for an apocalypse to invest in gold or backing some of your savings with precious metals. I doubt that countries that are investing in gold are predicting zombies at dawn but in uncertain times wise investors who want absolute safety rely upon gold more than any other investment.

Protecting Your Future by Investing In Gold IRA

13Investing in gold is considered to be the best investment these days, even suggested by various financial experts of the world. Some people are making gold investment to become wealthy whereas others are investing in gold IRA and buying silver to protect their hard-earned money for future. Many economists and financial experts are predicting an economic disaster in near future after assessing the international economic condition and particularly the monetary policy of USA.

Economies of most of the countries in this world are facing various issues to retain their strength. Even USA economy is staggering with $17 trillion debt with Federal deficit of nearly $ 1000 billion. These scary statements of the financial experts had compelled even the billionaires to invest in gold for their safe future.

Reasons to invest in gold

Gold investments are preferred at such an economically scary condition because it has been used as a store of value and a reliable currency since centuries apart. Any currency can be dishonored at such times by over printing the currency but at the time of such inflation gold is the only currency that maintains its value. Your investment since 2001 in paper products like bonds, stocks or mutual funds might have wiped out within no time or might have been influenced at the time of inflation but gold and silver had grown more than 400%.

Gold, the precious yellow metal, has special position for a common person since centuries and is being used as money since not less than 5000 years. The value of gold has increased during all these years whereas several currencies had faces problems in the meantime. On the contrary US dollar is losing its value every day even being a potential currency. If, in 1971, the US paper currency was not backed by gold then it would have lost its potential as currency. The credit potential of the US Government has backed the dollar at such a crucial time. All these facts are sufficient to be confident for investing in gold.

Why to invest in gold now?

Currencies of most of the countries, including USA, are facing financial crisis at present. The reason behind it is that they printed their currency whenever needed without supporting it with gold. When a country prints its currency without backing it with gold then its value decreases in international market. In such situation people lose their confidence on that currency and start avoiding it. It is the starting point of hyperinflation in the economy of the country concerned. Its situation becomes more critical if they print more currency to prove the potential. Though there can be possibilities in hyperinflation but it does not guarantees any certainty. Ultimately you have to return to gold to maintain the worth of your currency. The value of gold increases with the decrease in the worth of any currency even the dollar.

How to invest in gold?

The basic question arises at this point that how to invest in gold? You may know the facts that gold is tangible money which is used all over the world but neither can you manufacture it nor can delete through any computerized programming. It saves you at the time of economic collapse and inflation as a hedge. Though gold investment is considered as one of the most reliable investments but some people have various queries about gold IRA investment for securing their retirement. A review on gold IRA provided in this article may help you in this regard.

A review on gold IRA

E retirement account that holds approved coins and precious metal bullion instead of paper investments is known as Gold IRA. In gold IRA investing your metal is held on your behalf by a third-party. At present IRA approves bars and rounds of all precious metals including gold, silver and platinum, Australian kookaburra coins, Canadian maple leaf coins and American eagle coins for investing in Self Directed Gold Coins IRA after opening a gold IRA account.

Gold Coins – A Different Way to Invest in Your Future

7If you’ve been considering how to begin financial planning for your future you may have considered investments but been unsure where to start.

The options can be overwhelming but if you have ever wondered how to buy gold for investment there are some simple ways to get started. It is important to begin with knowing what is the best gold to invest in.

Why Invest In Gold?

Gold values shift with time but gold is always valuable and its value is not dependent solely upon being able to sell it. Unlike stocks and other investments, gold’s value isn’t linked primarily to supply or demand nor is it related to company performance or earnings. Gold stands on its own and will always have some value just as it is. In an ever shifting economy and world market the dollar may lose value, stocks may plummet and other investments may fall flat. Gold coins, however, are valued everywhere and travel well. No matter what happens there will always be a minimum fixed value to gold and demand for it. Gold coins are one way to diversify your investment portfolio if you are an avid investor, and one of the easiest ways to begin investing if you are new to the practice or have limited means to begin.

The Best Investment

To make the most of your investment in gold coins you need to know the best gold to invest in. If you are looking for how to buy gold for investment, the best option of all is bullion coins. Many people are taken in by the idea of collectible gold coins, but unlike bullion, collectibles require an interested party if you wish to off-load them for cash later. Collecting is not the same as investing, though you can certainly collect thoughtfully with the intent of investment. Collectors tend to gravitate towards designs that appeal to them rather than the actual quality of the gold itself. This means when they want to sell, they need to find someone who is equally interested in the design or meaning of a specific coin if they want to recoup the investment or make more. This can be tricky as the value of the gold itself is then not in play but instead it is based on the intrigue to a collector. Bullion coins, on the other hand, have an inherent value being of higher quality more pure gold that can be melted down if necessary. It is easier to find a buyer for bullion for this reason.

How To Get Started

It is often said the best time to buy gold for investment is when the economy is fairly quiet. Gold and interest rates are connected; when interest rates rise gold value drops and vice versa. Buying gold when the value is lower in anticipation of it rising again makes sense, but buying when there isn’t a panicked scramble for gold is even better. Find a reputable trader and build a relationship. Look for brick-and-mortar businesses where you can meet with your merchant in person. Consider how long they have been in business. Familiarize yourself with market values on gold so you can recognize if the merchant is also knowledgeable and able to give you accurate information and is selling quality gold. Buy from the same merchant in relatively small amounts at a time as you are able. Think of each purchase as a long-term investment, with no intent to try to flip the gold coins quickly. Buying slowly allows you to invest a reasonable amount at a time and watch the coin investment increase over time. Watch the market so you can plan purchases when prices are low.