How do you make your investment decisions? Do you have a history of investing in new trends or do you tend to make your investments in the same stocks that have always worked for you in the past? If you are looking for a different investment option that has survived the invest trends as well as being an investment that has a rich history, you should consider buying gold bullion online.
If you work with a provider that sells precious metals coins and bullion to American and international investors, you will get competitive pricing for purchases and sales. Working with a network of institutional dealers and refiners, gold bullion online buyers have the option of taking personal possession of their purchase or storing their metals in one of seven fully insured vaults located around the world.
Precious metals are a prudent and accessible investment vehicle. Investors decide to purchase gold bullion online for several reasons, including financial insurance and a more personal investment choice.
Points to Remember When Investing in Physical Gold
- Physical gold is worth holding because it’s a universal finite currency, and because it is held by most central banks.
- Just as a family home should not be regarded as an investment, gold bullion is not a typical investment. Instead, it is a form of “saving for a rainy day.”
- Physical gold is a good way to ensure wealth preservation and a good way to pass wealth from one generation to the next.
- Once your portfolio contains some gold bullion, you can begin researching other investments, including mining shares and investment funds.
Did you know that U.S. mines produced 211 tons of gold in the year 2014? Most of this gold is mined in the state of Nevada. In fact, Nevada mining accounts for almost 80% of the gold mined in America. If Nevada were a country, it would rank fourth in the world in terms of total gold production. The U.S. is third in the world in gold production, placing behind the countries of China and Australia. While countries have been mining gold for hundreds of years, 75% of all the gold in circulation has been extracted since 1910.
Nearly all, 80% to be specific, of gold bullion in circulation in America is in the form of the American Gold Eagle coin. This coin is the most traded coin in the world.
If you are looking for a tangible investment that can serve as a “rainy day” wealth collection, you should buy gold bullion online, and increase the diversity of your portfolio.