Buying gold bullion online


by Gavin Conway - Date: 2008-06-16 - Word Count: 497 Share This!

More and more investors in the US and Europe are turning from the securities of shares and currency to a more solid investment, privately owned gold bullion. Buy gold though, is not as easy as one might think and securing it prevents more of a challenge.

The ways most people buy gold are in the form of physical gold coins like the American gold eagle or the Canadian coins, there are gold mining shares and mutual funds and there are certificates where you can buy gold but what I want to talk about here is owning it directly and not through intermediaries, in the form of gold bars.

Research today indicates that about 1,000 people a day are searching the internet for ways to buy gold. There are two big trends that have been found and the first which is common to all the trends is a lack of trust in major currencies, in particular the Euro and the Dollar respectively and so people are adamant to have physical gold stored securely within a vault.

Physical bullion trading cost have come down in recent times because for a long time the bars of bullion have always been to large for the average private investors and in the professional bullion market it is required that each bar has a history for right at the time it was manufactured into a bar and that they have always been stored within a vault. When a private investor takes a small bar out from the vault into a private storage place, it immediately loses its integrity and in turn devalues it by somewhere between 3-5% compared to the professional bars on the market.

Now with the aid of the internet, retail buyers and sellers can cut out the middle man and meet up directly cutting the costs down. This method is appealing to a lot of investors as they know exactly how much they own and are comfortable that they feel in control. Some people might want to hold the physical coins still but as I said, this devalues the gold by a few percent and holding it in a safe storage on a permanent basis is the most secure method.

Within the UK, a company called "bullion vault" use Brinks allied for safe keeping and with a company like Brinks holding your investment; you can be assured that your investment is safe. This method of buy online is very liquid and the gold you bought one day can be sold over the internet just as quickly. In this fast paced world, real spending power with real currency such as gold can prove useful for years to come.

When it comes down to it, gold is the ultimate security investment. As seen with its recent growth from early 2006 to 2008, it can't be over looked when it comes to building and investment portfolio. Investment and financial analysts agree that between 15 - 20% of investments should consist of the most hard of all assets, precious gold bullion.

Related Tags: gold coins, investing in gold, american eagle gold coins, gold bullion, buying gold online, storing gold bullion

If you are interested in the prospect of investing in gold bullion then you can visit my web site at http://www.wheretobuy-gold.com and find plenty of information on gold bullion and e-gold accounts. My blog at http://howtobuy-gold.blogspot.com/ has an RSS feed so you can get my most recent articles posted to your email or website.Thank you for reading this article. Your Article Search Directory : Find in Articles

© The article above is copyrighted by it's author. You're allowed to distribute this work according to the Creative Commons Attribution-NoDerivs license.
 

Recent articles in this category:



Most viewed articles in this category: