Buy Gold
Posted by Adam King on December 03, 2009
December 3, 2009 – Our nation’s investors have witnessed a financial storm that has gotten worse every quarter, and many US investors have decided to buy gold and make the best out of this recession. During our present unstable economic times, it is crucial to diversify into assets that can be privately held, such as physical possession gold and silver. Many nations are doing and will continue to buy gold, as will their citizens. There are multiple ways to buy gold and you can make your investment with ease if you follow four simple guidelines.
1. First of all, research any and all gold exchanges with whom you are considering doing your business. Before purchasing precious metals from a company, look at that company’s Better Business Bureau (BBB) report, which can be found at www.BBB.org. The BBB provides client ratings and complaint histories for all of the nation’s major gold exchanges, so utilize this information before you vest your funds with any brokerage. Never invest with a gold exchange that has anything less than an A rating with the BBB, and avoid companies that have multiple complaints.
2. Contact the company that you wish to do business with, and speak to one of the company’s account representatives to find out if they are concerned with your financial welfare or their own monthly commission. Major exchanges within the United States employ non-commissioned, impartial representatives, and specialists at these entities are very knowledgeable about the precious metal market. Avoid investing with celebrity-endorsed firms, because your final costs will be abnormally high due to the celebrity’s sponsorship.
3. Take a small position before you begin to fully diversify your portfolio. Once you see how the company operates and you receive your first order, you can evaluate whether or not this company deserves to facilitate your future gold investments. If you encounter problems that are not readily resolved or if you feel pressured, you should continue looking for a company that is comfortable for you. If you are satisfied with the execution of your order, then it is time to fully hedge your assets with gold.
4. Once you have chosen a gold exchange to do business with, heed the advice of mainstream financial advisers by investing 20-30% of your assets in gold. This is considered the ideal amount an investor should own in order to balance their portfolio during unsteady economic times. If you are ready to buy gold, locate a reputable and reliable gold exchange by contacting the Certified Gold Exchange directly.
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
Categories:
US Gold Market