November 13, 2009
Posted by Adam King on November 13, 2009
November 13, 2009 – When making a precious metal investment, it is vital to choose a gold and silver exchange that can accommodate you now and in the future. Consider a few factors that are especially important in your quest to find your gold and silver exchange.
1. Reputation is the cornerstone of the gold market, so conduct your due diligence on a number of dealers before making your investment. Wise investors take advantage of www.BBB.org and www.Alexa.com to get the best background information on all potential dealers. Reputable gold and silver dealers will have an A+ rating with the Better Business Bureau, with one or fewer complaints. Amazon Alexa rates companies on a one to five-star scale, so companies with a Five Star rating are advisable to do business with. Telephone a few gold companies and ask how long they have been in business, and never invest with a fly-by-night operation.
2. A respectable precious metal exchange will have competitive prices, and many dealers will offer to match or beat other dealers’ prices. Precious metal dealers that trade the most commonly known items tend to have the best prices, because these types of coins are easy to price check. Be wary of dealers who offer obscure coins with fantastic stories, because liquidity could easily become an issue in the future.
3. Finally, ensure that your gold dealer of choice offers a wide variety of precious metal products. Bullion dealers obviously want to sell bullion, and rare coin dealers only want to promote rare coins as wise investments. By dealing with an entity that is authorized to sell bullion and rare coins you will be able to efficiently meet your portfolio’s requirements.
If you still have further questions about reputable gold and silver exchanges that operate in the United States, register for your free copy of our award-winning investment tutorial. After completing this tutorial, you will be well on your way to a successful precious metal investment.
Stewart Lawson
Senior Staff Writer – Certified Gold Exchange
Categories:
US Gold Market