Buy Certified Gold
Posted by Adam King on December 14, 2009
December 14, 2009 – Before you buy certified gold, it is prudent to have a complete understanding of the gold market, and you should also know how gold prices fluctuate. Gold investing is new for many Americans, so instead of jumping the gun just to get some physical gold in your hands as quickly as possible, take two minutes to get a brief overview of the certified gold market. By acting responsibly and taking in more information before investing, you can maximize your potential for success in this diverse and exciting investment field.
If your goal is to buy certified gold, remember that these coins are most useful when purchased for long-term (14 months or more) holding periods. Although certified gold coins have historically been more profitable than gold bullion when utilized for long-term holds, there are higher costs associated with the purchase of certified gold coins. If you plan to hold your gold for a few years or if you plan to keep it as long as possible for security and privacy of wealth, the higher costs should not scare you away from the certified gold market.
These coins are completely private and highly recommended for investors whose aim is to empower themselves financially during this recession, or over a period of years or decades. You may like to visit www.PCGS.com for national average retail prices for the most commonly traded certified coins, or contact the Certified Gold Exchange directly for institutional discounts on these same investment-grade coins.
Investment-grade certified coins move in the same direction as gold bullion prices, which are based on the COMEX gold spot value. Certified coins also have numismatic value, which tends to grow with time, as is the case with most antiques. This numismatic appeal is what allows these coins to be classified as completely private, government non-confiscatable assets.
If you plan on a short-term hold and you are strictly concerned with immediate profits, it may not be a good idea to buy certified gold. Gold bullion is a more viable option for profit-seekers who plan on a holding period of 1-14 months, and you can learn exponentially more about the gold market by contact the Certified Gold Exchange directly or by browsing through one of our helpful investment tutorials, which are found below.
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
Categories:
US Gold Market