Are you protected against inflation, especially the inflation in the year 2007 (5%) and 2008 (which may be 10%)? Is the value in your IRA account, mutual fund, or individual stocks going down? If any of the above is the case, then you definitely need to do something about it. However, do not just put all your savings in cash as it’ll rust away with inflation. Start investing it into gold and silver today with 5 different methods.  

Buy gold and silver stocks. This is probably the easiest way to start investing in gold and silver. On the other hand, investing in stocks even though they have real gold and silver can be risky because the management can screw things up. Also, the mines are reflected in their market value, but no one can tell exactly how much gold and silver they have in their mines. Thus, it could be wrong and you’ll be screwed. However, it’s still a good investment against inflation and really easy to start. You just open a brokerage either with Zecco (zecco.com), MB Trading (mbtrading.com) & Success Trade (successtrade.com) for cheap brokerages, Tradeking, Scottrade, & So Go Trade (sogotrade.com) for decent brokerages or Vanguard (vanguard.com), Fidelity (fidelity.com), & Etrade (etrade.com) for the known & safe brokerages. Some of the best gold stocks are Barrick Gold Corp (ticker is ABX), Gold Corp (GG), and Yamana Gold (AUY). Some of the best silver stocks are Pan American Silver Corp. (PAAS), Silver Wheaton Corp. (SLW), and iShares Silver Trust (SLV), a silver ETF (exchange traded fund, which is similar to an index fund). I recommend this to advanced investors, and not beginners.

Buy gold and silver mutual funds. There are many gold and silver mutual funds to choose from. Vanguard has the best one right now (ticker is VGPMX), Fidelity has one too (FSAGX), and USAG is also great. Just open a brokerage at Vanguard or Fidelity to buy their gold and silver mutual funds. You can buy Vanguard and other mutual funds at Fidelity and buy Fidelity and other mutual funds at Vanguard, so don’t sweat which one to choose from. If you can’t decide, then open a brokerage at both places. Remember that buying mutual funds from Vanguard using Fidelity or from Fidelity using Vanguard will incur an extra fee. This is less risky than buying individual gold and silver stocks for average investors since it’s diversified and managed by professionals for you. I highly recommend this to beginning investors.

Buy gold and silver jewelry. This is also another easy way to invest in gold and silver. Just go find a local jewelry shop to buy the jewelry you like. This is a bad investment for people who want to sell later to make profits because of the high commissions and spread. Also, the jewelry shop might not even want to buy back your jewelry and it’s difficult to find someone who wants to buy it at a fair price. I would not recommend this option.

Buy gold and silver coins & bars. This is probably the safest investment on earth, but don’t put all your money into gold and silver. I would put anywhere from 10% to 25%. You can buy the gold and silver coins & bars at Kitco (kitco.com), US Mint (usmint.gov), Bullion Direct (bulliondirect.com), or Gold Money (goldmoney.com). I like Kitco the best. Other ways to buy gold and silver coins & bars are on eBay or your local jewelry shop where you can get the coins & bars near the spot price. Be careful of the spread, commissions, and shipping cost (if you buy online) as it can kill your returns. I recommend this to all investors.

Buy egold. This is where you buy gold and have the firm hold the gold for you in their vault. You must be careful when buying egold as there are many scammers out there. A couple websites you can do this at are: e-gold.com, evogates.com, and goldex.net. I would not recommend this option. Are you protected against inflation, especially the inflation in the year 2007 (5%) and 2008 (which may be 10%)? Is the value in your IRA account, mutual fund, or individual stocks going down? If any of the above is the case, then you definitely need to do something about it. However, do not just put all your savings in cash as it’ll rust away with inflation. Start investing it into gold and silver today with 5 different methods.  

Buy gold and silver stocks. This is probably the easiest way to start investing in gold and silver. On the other hand, investing in stocks even though they have real gold and silver can be risky because the management can screw things up. Also, the mines are reflected in their market value, but no one can tell exactly how much gold and silver they have in their mines. Thus, it could be wrong and you’ll be screwed. However, it’s still a good investment against inflation and really easy to start. You just open a brokerage either with Zecco (zecco.com), MB Trading (mbtrading.com) & Success Trade (successtrade.com) for cheap brokerages, Tradeking, Scottrade, & So Go Trade (sogotrade.com) for decent brokerages or Vanguard (vanguard.com), Fidelity (fidelity.com), & Etrade (etrade.com) for the known & safe brokerages. Some of the best gold stocks are Barrick Gold Corp (ticker is ABX), Gold Corp (GG), and Yamana Gold (AUY). Some of the best silver stocks are Pan American Silver Corp. (PAAS), Silver Wheaton Corp. (SLW), and iShares Silver Trust (SLV), a silver ETF (exchange traded fund, which is similar to an index fund). I recommend this to advanced investors, and not beginners.

Buy gold and silver mutual funds. There are many gold and silver mutual funds to choose from. Vanguard has the best one right now (ticker is VGPMX), Fidelity has one too (FSAGX), and USAG is also great. Just open a brokerage at Vanguard or Fidelity to buy their gold and silver mutual funds. You can buy Vanguard and other mutual funds at Fidelity and buy Fidelity and other mutual funds at Vanguard, so don’t sweat which one to choose from. If you can’t decide, then open a brokerage at both places. Remember that buying mutual funds from Vanguard using Fidelity or from Fidelity using Vanguard will incur an extra fee. This is less risky than buying individual gold and silver stocks for average investors since it’s diversified and managed by professionals for you. I highly recommend this to beginning investors.

Buy gold and silver jewelry. This is also another easy way to invest in gold and silver. Just go find a local jewelry shop to buy the jewelry you like. This is a bad investment for people who want to sell later to make profits because of the high commissions and spread. Also, the jewelry shop might not even want to buy back your jewelry and it’s difficult to find someone who wants to buy it at a fair price. I would not recommend this option.

Buy gold and silver coins & bars. This is probably the safest investment on earth, but don’t put all your money into gold and silver. I would put anywhere from 10% to 25%. You can buy the gold and silver coins & bars at Kitco (kitco.com), US Mint (usmint.gov), Bullion Direct (bulliondirect.com), or Gold Money (goldmoney.com). I like Kitco the best. Other ways to buy gold and silver coins & bars are on eBay or your local jewelry shop where you can get the coins & bars near the spot price. Be careful of the spread, commissions, and shipping cost (if you buy online) as it can kill your returns. I recommend this to all investors.

Buy egold. This is where you buy gold and have the firm hold the gold for you in their vault. You must be careful when buying egold as there are many scammers out there. A couple websites you can do this at are: e-gold.com, evogates.com, and goldex.net. I would not recommend this option. 

Are you thinking of starting to invest in gold and silver investing? Lots of people start investing in gold and silver with coins.  Owning physical gold and silver is a great way to protect a portion of your wealth.

With the uncertainty that is surrounding the economy today and for the foreseeable future a great wealth protection idea would be to have a portion of your wealth invested in physical gold and silver. One way to start investing in physical gold and silver is to buy gold and silver coins.

There is a lot to know about coin collecting before you start. Numismatic is generally the word for used coin collecting but it is more than that. The origin is the Latin word “Numisma” which means coin. Numismatic includes collecting coins, medals, tokens and notaphily which is the collection of paper money and notes.

In the area of gold and silver coins the metals used to make the coin, the mint of origin, volume of mintage, quality of the coin, and the rarity of the coin all are factors in the value of the coin.  The higher the percentage gold and silver in the coin the more it will be worth. For example most silver dollars circulated in North America prior to 1965 were composed of 90% silver. Since 1965 the percentage of silver has been reduced dramatically. The exception being coins minted to be proofs or collectors items that have a mark or certificate from the mint stating a higher silver or gold composition.

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For the beginner another major factor is the place you purchase your coins.  You will want to buy your coins from a reputable dealer. You can buy coins directly from the Royal Canadian Mint in Canada and the Perth Mint in Australia and receive high quality coins delivered to you. You can choose to buy coins online from websites or the popular auction site EBAY. If you are buying online you may be taking a larger risk as you may not know who you are dealing with. Do your research on the company or individual before you buy. If a deal sounds too good to be true, it is. There are reputable companies on the web that provide good service and quality coins.

Governments around the world are increasing the amount of paper money they are printing which reduces the buying power of the paper dollars. If the economic crisis continues as it is or gets worse and becomes hyper inflationary then holding a potion of your wealth in gold and silver coins is a wise idea. Having high value gold and silver coins available to trade or spend will help you be financially secure for the future.

Welcome to Spare Changes buyer reviews. In this episode we discuss Mark’s buying experience from American Precious Metals Exchange (APMEX) and give you the review you need to see before you buy. You can visit APMEX at the website address below: www.apmex.com
Video Rating: 4 / 5

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Look at the history of coins and you’ll notice two metals that have played a critical part in the development of money: gold and silver. These two metals formed the basis for most great civilizations’ systems of money. Greece, Rome, Egypt, Spain, England, the United States, and other countries all based their monetary systems on gold and silver at one time or another. When you hear of the great treasures of the world, you imagine piles of gold and silver, not piles of tin and copper. Why have people throughout the ages been so in love with gold and silver when there are plenty of other metals from which to choose?

Gold is popular because it is

Rare: Gold is one of those metals that has been recognized as being rare and desirable for over 6,000 years, but it isn’t so rare that it’s impossible to find.
A naturally occurring element: Gold is found in nature as flakes or nuggets on the surface of the Earth, in rivers, or in thin veins buried deep within the Earth. The purity of natural gold may vary from one location to the next, but it requires little processing to achieve a uniform quality. There is gold to be found on every continent of the world except Antarctica.
Malleable: Pure gold is soft and can be beaten into extremely thin sheets or pulled into long wires or strips. Because it’s so soft, gold takes good impressions from dies (the steel cylinders used to strike coins) and it won’t wear them out as fast as a harder metal may. Or it can be alloyed with other metals and made as hard as you want.
Reasonably inert: In nature or in normal use, gold won’t react with moisture, oxygen, or human skin, which means that jewelry and coins made of gold will last virtually forever.
Beautiful: Pure gold has a soft yellow color and a gorgeous sheen that has appealed to people’s visual senses since we lived in caves. Mix gold with silver or copper, and you’ll come up with an interesting range of color; the colors that come up most frequently on U.S. gold coins are pale reds, light greens, softer pinks, and white.

Many collectors prefer coins that are white and untarnished; other collectors will pay huge premiums for coins with natural, bright, rainbow-colored tarnish known to collectors as toning. Be aware that toning is not always natural and can — whether it’s natural or not — often hide flaws and defects that could dramatically lower the value of the coin.

Silver is popular because it is

Common: Vast quantities of silver have been found in various parts of the world, including the United States, Mexico, and South America. Because it is common, silver is the perfect metal for creating lower-value coins for use by the general public.
A naturally occurring element: Found deep within the Earth, silver is usually mixed with another great coinage metal — gold. Although native silver is perfectly good for casting into ingots and making into coins, most of it is processed to purify the silver and to separate out the more valuable gold.
Beautiful: Pure silver has a bright, white luster and a deep brilliance. As it tarnishes, silver can acquire some lovely colors, including blues, reds, and purples; this is especially true for coins that have been stored near a source of sulfur, such as paper albums.

Related Gold And Silver Coins Articles

My suspicion is the names are picked by Numis currently and you never have a selection.

If you are a serious coin collector you will know that it is the grading of a coin that is significant and no matter whether it is a slabbed coin, and a amount of components ahead of a coin turns into precious. Get a seem at any silver coin on eBay and you will see the tremendous variations in the amounts persons will pay for them, merely mainly because of the grading and situation.

So all is very good and the method would seem viable. But the bottom line isn’t how excellent of firm or system the Numis Network is… but, rather, what will you do with the prospect?

Do you have a plan to get your new business in front of a steady stream of new individuals on a day-to-day basis? How do you intend to encourage the Numis Network website? Because the name of the video game is sponsoring and recruiting so what’s you program for earning that occur?

There is a legit new network promotion organization that stands on its individual that hasn’t been carried out previous to in the multi level marketing community heritage just after carrying out some due diligence. There is no levels of competition for this specific products and in no way been performed in advance of right until now. There are around 5,000 network promoting rivals just selling very similar products or services that have a very few minimal categories in the wellness and wellness, cosmetics & skin treatment, family merchandise, technological innovation, telecommunication and economical or travel companies. A ton of individuals corporations that basically arrive and go in the multi level promotion community just offering useless items most folks never want. In truth, buyers want a merchandise that is in significant desire and will stick close to for a although.

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What I’m chatting about is Numis Network that sells numismatic coins. The initially at any time business to do it the network advertising and marketing product on numismatic coins. The business is positioned in Tampa, Florida, and it was officially released on August 15, 2009. Mike Mezack is the founder of Numis Network. If you are familiar with the name you have probably observed him on the dwelling browsing network advertising coins on the cable network. Mezack has been on tv for around twenty years selling numismatic coins for total sales of about one billion. He at the moment has properly through 0 million in revenue.

Quite simply, you are buying an asset, not useless junk like soap or nutritional vitamins. The appeal of the coin goes up as time passes by. These numismatic coins they market are minted both equally previous and new by the government that is gold and silver. They submit countless numbers of people ordinary bullions are graded and works by using only the world’s best independent grader. In addition, they are certified, sealed and encapsulated for ailment. The appeal and problem are measured by Sheldon’s scale from one-70. 70 are becoming the highest and Numis only promote 70 mint problem coins. Ordinarily, less than ten% qualifies for the greatest graded mint state 70. There several other goods that can be collected but collecting cash or an asset has additional worth.

For every ounce of gold that exists in the earth’s crust there is roughly 15 ounces of silver. For many centuries this relationship was borne out in the prices of the two metals. An ounce of gold would generally trade at roughly 15 times what an ounce of silver would cost. If gold was 0.00 an ounce then silver would go for .00 an ounce.

Gold and silver have long been used as inflation hedges. When inflation occurs and paper money loses value people have traditionally bought gold and silver as hedges against that loss of value in paper currency. Many countries have also historically put gold and silver in their coinage.

The United States did this, putting silver in everyday coins, until 1964. Today coins minted prior to 1965 in the United States are worth much more than their face value. Such coins are collected today in large part for their silver content.

Traditionally, silver has been considered the “poor man’s gold”. If you had plenty of money and wanted an inflation hedge you purchased gold. If you did not have a lot of money and wanted an inflation hedge you purchased silver. But today this may very well have been done to a great excess.

Today, gold sells for roughly 0.00 per ounce. Silver can be bought for roughly .50 per ounce. So gold is selling for roughly 72 times what silver is. That is you can purchase 72 ounces of silver for what one ounce of gold costs you.

As we have seen during the economic downturn, people have been trading down with their money. Instead of shopping at fancy stores people have been going to Wal-Mart which has actually seen an increase in their sales while most retailers have seen declines. The same has been true with McDonald’s which has seen increased sales while more upscale restaurants have seen lower sales. This phenomena has not yet been seen in the relationship between gold and silver but if it does happen it could make anyone investing in silver rich.

The earth’s crust still contains roughly 15 ounces of silver for one ounce of gold. But today gold sells for 72 times what silver sells for.

Today central banks and other money producing government entities around the world are printing money at record paces. Eventually this is likely to produce inflation on a global basis as the world’s money supplies are being inflated.

When the inflation pressures hit, it is likely people will turn to gold and silver to hedge their money which will cause higher prices for the two precious metals. With inflation pressures it is not hard to see gold prices rising to ,500.00 per ounce. At a price of 72 times that would translate to a price of roughly .00 per ounce for silver.

If the prices of gold and silver ever go back to historical norms based upon the existence of the two metals in the earth’s crust, silver could move to a much higher price. With gold at ,500.00 an ounce if silver ever went back to trading at 15 times what gold is, silver would rise to 0.00 per ounce. An 800% increase from the current price of .50. Even a more modest move back to historical norms of say 50 times would lead to a silver price of .00 per ounce. That would be a 240% gain in silver from current prices. Gains of 240% to 800% in your investments will make you rich.

There is absolutely no guarantee that any of the things discussed in this article will happen. Gold and silver ratios could remain at 72 times or even go higher. Inflation might not occur and gold and silver could drop in value. Trading down from gold to silver might never occur. But the earth’s crust still contains roughly 15 ounces of silver for each ounce of gold, and if the things discussed in this article do occur, silver can and will make you rich if you own enough of it.

Article by Dominick Zirilli

Numis Network is a business that is in the business of selling graded, collectible gold and silver coins. They are centered out of Florida and they offer people the chance to purchase and also represent their organization in their gold and silver collectible coin business. Numis Network is also associated with Mike Mezak who is probably the most well established gold and silver collectible coin figure leader.

Coin collecting is a much loved past time that is loved by millions of people worldwide of all ages. People collect coins as a past time, because of it’s beauty and because it can be financially satisfying. Numis Network sells coins for accumulating purposes but many people accumulate them for investment purposes alike to the way people collect cars and baseball cards.

Coin collecting is a past time and even though it is extremely popular today has been traced back to early times. It was dubbed the pastime of kings and it is because of the royals who took part in hoarding these uncommon and precious collectible coins. Gold and silver were prized and throughout history have been used as status symbols and as currency by several cultures at different times.

Numis Network has gotten it’s title from Numismatics which is the study of coins and money. It is through this study of collectible coins that I found out silver was as treasured as gold up until the middle kingdom and that’s when the Egyptians went gaga for gold.

The Roman Empire employed gold for sizeable acquisitions while silver was used for the more ordinary, every day transactions, while the Romans were the big shots on campus gold and silver was in large quantity and near the fall of the empire the supplies were a good deal lower.

Spain got into the act as they started to explore new territories and they exposed more sources for gold and silver. As they loaded the boats with the gorgeous precious metals the ever entrepreneurial pirates started to target these ships and make for easy pickings. This is another example of a transport of wealth, this is a common theme throughout history.

Numis Network may not be shipping vessel fulls of this stuff from very old civilizations but it does in fact play a gigantic role in a the enormous modern day industry of gold and silver collectible coins. They have an extensive variety of coins that they feature on their website and in addition to offering their Independent Collector Representatives the capability to achieve very generous bonuses, they also are able to purchase coins at a very advantageous rate which will increase their income potential.

Numis Network is the perfect storm for an Network Marketing opportunity, they have a product that you could never have enough of and does not expire, a great compensation plan, a young establishment that is just starting to gain momentum and no competition. I defy someone to find another Home Based business that can make that claim.

In closing, Numis Network is a key player in the hand over of wealth that we call coin collecting and gives it’s representatives a way to participate in a booming business that has never been touched by the Network Marketing Business model.

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If soaring gold prices makes you feel good and you are thinking of cashing in on this trend in 2010, then read this article to know about another investment that can rocket faster than gold in 2010 and give you 3 times more ROI as compared to gold.

Investing in gold right now can be a good decision but this other investment that also luckily happens to be a metal can be three times more profitable. Guess the name of this metal! Yes, silver, you are right!

What’s so special about gold and silver. Gold has been ingrained in the human psychy as the thing of beauty as the ultimate wealth. Throughout human history, people have been hoarding gold. The same phenomenon has not taken hold of different countries. Dollar has become weak due to the recent financial crisis that the world experienced. Countries like China, Russia and India want to hedge their international currency reserves most of them being in US Dollar. So, they want the ultimate currency, “gold.” This way these countries think they would be safe in case of a major Dollar devaluation that might take place in the unforseen future. Silver is also being bought as both gold and silver have been used to mint coins from times immemorial. This trend of buying huge quantities of gold and silver is driving their prices sky high. Remember the time in 19th century when the world was on the gold standard. Countries would keep gold and silver as international reserves. We might be headed back to that time!You never know. No one knows the future. No one could predict the birth of the present currency markets that took place in 1973. No one knows the future of currency markets! Now, gold and silver respond to almost the same fundamentals. When gold prices go up, silver prices will invariably follow.

Silver or the while metal is experiencing many other forces that can force the prices of this white metal to rocket even faster than gold even beyond those driving megatrends the while metal shares with gold.

Silver is widely used in coin minting, electronics, photography, plastics, soldering (joining two metal pipes), computers particularly notebooks and laptops, refregerators and even dishwashers. So, as you can see, the demand for silver is on a much higher level as compared to gold. Without silver, many industries will come to a grinding halt!

What this shows is the supply of silver is even more limited as compared to gold. The best way to profit from investing in this gold and silver rush that is going to happen in 2010 and beyond is to purchase gold and silver calls or trade gold and silver futures.

Now, if you have never traded futures contracts, you might think about learning how to trade futures contracts especially gold and silver futures contracts. This way, you can profit from the volatility in the gold and silver markets. Futures trading is risky no doubt but for those who don’t want to get good training before they start trading futures. What you need is to open a practice account and start paper trading gold and silver futures. This way, you will be in position when the great gold and silver rush starts again1

Now, as I have said earlier, you can also invest in gold and silver mining companies by buying their stocks. This is exactly what many people did in early 1970s when the last boom in the gold and silver markets took place. Many became rich in a few years. The same gold and silver boom is coming in this decade that started a few days back.

In 1970s, silver went from .29 in 1970 to it’s zenith .45 in 1980. This was a percentage gain of 3,733%, something astounding! Many of you might be thinking that 1970s is a great story but now distant memory and just a daydream now. The wealth building power of gold and silver might be beyond us.

Now, I give you the example of Lion Mines. You could purchase it’s share for jut 7 cents in 1976. By early 1980s, it was worth a staggering 0 per share. By just purchasing 4 worth of it’s stocks in 1976, you could have easily made a million in just under four and a half years. History is going to repeat again with silver in the new decade!

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If you have not been hiding in a cave for the past few days and weeks you would have seen that gold and silver have gone up continually. Throughout this same period of time, there has been an expert either on the tube or in print illuminatimg why gold and silver can’t keep going up. In the past I might have concurred, but we live in a new world were new rules are being carved out. If you base your analysis of investing in gold and silver on historical data, you are missing the bigger picture, even though it hard to believe anybody could.

Things have dramatically changed in the financial world, major countries are in debt beyond what they can possibly pay and have resolved that the only way to reduce their debt is to devalue their currency. The United States has apparently taken this approach and the world’s reserve currency has plunged in the previous month hitting multi year record lows against many currencies. This is not transitory as the Federal Reserve has already announced that it plans to turn on the printing presses in order to give the economy a jolt The evidence suggest that the previous .3 trillion printed has done nothing to make economic activity pick up, and this latest round most likely will have the same final result..

It is probable that the objective really is different then what we are being told and the money printing is purely a means to devalue the currency to reduce the value of the debt. The U.S is running budget deficit of .5 trillion a year and despite of how much the dollar is devalued, paying of the debt seems illusionary at best.  The problem is that other countries are not to happy with the Federal Reserve’s approach and promised to not let their economies to be destroyed by high currencies, creating the potential for an all out currency war were no one wins. This is reminiscent off what occurred during the great depression when industrialized counties adopted  protectionist policies to safeguard domestic interest. It was different then because the world was mostly under the gold standard and could not utilize currencies to fight the war. . Today currency in place of policy is the weapon of preference.

Were does this leave gold and silver? It is one of the only investments that merits attention at this point because as countries become more desperate so will their measures. Gold and silver will act protect you purchasing power and wealth when many currencies are on the precipice off the abyss. Some may argue that this will be over shortly, the evidence imply it is only the beginning. Yes, gold and silver have gone up significantly, but this time is different as investor flock to the precious metals as a safe haven for further financial instability.

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Are we in a gold and silver bubble? The pundits who have come out in the media and Internet recently would have you believe so. Obviously, history does not hold up their position or they simple do not comprehend current events.  Will these precious metals just keep going straight up? That’s not how th markets work and gold and silver will go up and down, but its broad trend will continue to be up

Those that contend that it is not an good time to be investing in gold and silver take the position that the metals have increased in value to a point were that its is not sustainable. They do not take into account that the recent rise was mirrorer by a comparable drop in the US dollar which means that gold ans silver are acting as they should be as protectors of purchasing powerThis week the first shot in war by countries to devalue their currency was fired by Japan. Likewise, the Federal Reserve is preparing to reveal quantitative easing part deux These are elegant terms that basically mean that central banks around the world are preparing to print more money to get out of the economic quagmire we have been in for more than two years.  This is the type of situation that gold ans silver are  good investments.  The demand for gold and silver continues to increase as investors lose confidence in the ability of governments to manage deficit spending and reignite the economy.

A dollar in 1913 when birth was given to the Federal Reserve is valued at a cent today. Gold on the other hand has maintained it’s purchasing power. It is almost definite with current policy today’s dollar will be worth significantly less in ten years, whereas gold and silver should continue to do well..

Investors have options, you can park you wealth in cash an pray that the unrelenting money printing finally ends. Purchase government or corporate bonds, which derive their value from the good faith of the issuer and we have see many cases where that is not worth much. These bonds return after inflation are negative since the interest rates are so low. Purchasing stocks is another option if you like riding roller coasters and are aware that your wealth can vanish overnight  Stocks are simply pieces of paper that get their value from the fact that someone is willing to pay you a certain amount for your shares. They have no intrinsic value and someone can pay you 90% less tomorrow, if that is what the perceived value is.  You may receive a small dividend for holding the paper, but in most case it very little.

Finally, you can seek safety by investing in gold and silver They have been always regarded a storage of value and are tangible and maintain purchasing power. The participants of the gold and silver markets have been voting their votes in favor of these precious metals

Does this sound crazy to you? I am telling you that you should not participate in selling your gold jewelry or gold trading of any sort. So what if gold is 8 per ounce as of August 27, 2009, and so what if you have a bunch of old gold that you have been considering sending to cash for gold to make a quick couple hundred bucks. You must think I am an idiot for telling you not to sell your gold despite that it can make you a lot of money fast.

Well I’m not crazy or stupid, in fact what I know makes me a little smarter than those who sell their gold to cash for gold businesses. Unless you’re in a rut financially and have some gold jewelry ripe for selling or if you do forex gold trading I recommend holding on to your gold for as long as possible.

Before you rule me out as a lunatic for telling you to save your gold meal tickets ask yourself the following questions:

Why is the price of gold so high these days?
Why are companies forming that are going to extreme lengths to get you to sell your gold jewelry to them?
What can you gain from not selling your jewelry?

The answers to these questions may change your mind.

Why is the price of gold so high?

For as long as anyone can remember gold has been a form of currency. The monetary value of gold has outlasted every other form of money besides other precious metals like silver. This makes gold the only currency accepted everywhere.

You can’t walk into a shop in Japan and attempt to pay with US dollars, you would have to convert that money to yen. On the other hand if you had nuggets of gold and proof that the gold was real you wouldn’t have a problem buying anything anywhere.

The price of gold rises in times of war, because of inflation, or if the government confiscates all your cash assets. If the time ever came when our current form of currency suddenly wasn’t worth squat, gold would be your saving grace. More people become gold buyers if they are worried about their finances during bad economic times.

Why are there so many cash for gold businesses everywhere?

The rise is the price of gold over the past few years is mainly due to the high demand of gold by consumers. More people in the US and Europe can’t seem to get enough gold. It was supposed to not be in style anymore but that’s hardly the case.

It’s very unlikely that gold can become a worthless commodity, even if the price of gold was to drop tremendously it would still be worth a lot of money. These companies, mainly pawn shoppes that you can sell your gold jewelry to just melt it down and resell it at a higher price to the consumer. That’s all they want. They take in your old gold, refurbish it, and resell it like it was new.

How do I stand to gain more not selling my gold?

Try holding off from selling your gold for a couple more years. The price of gold could continue to rise even higher, and then you could sell it. But watch out, there are many reports that some cash for gold companies are a scam so be wary of who to sell your gold to if you are.

Also think about this, what would you do if you woke up one morning and all the dollar bills you saved were suddenly worth less than a penny?

The answer is to pray that you’ve got some gold lying around to trade. I’m not saying that this will happen any time soon, but hey if it does and the dollar changed again, gold, silver, platinum are your best bargaining chips. Unless you have a lot of property to give up too.

Start buying more gold

Become a gold buyer. Buy it and stash it or You can open a jewelry store or a pawn shop if you would like or even become a day trader of gold.

As a gold buyer, you are helping increase the price of gold because you’re consuming it like every one else.

A tip, start buying uncirculated gold coins like the ones we see on television. Since these gold coins never reached the market other than as now limited collectors items, they will become worth more money as you collect more and the price of gold continues to rise.

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