There is no question about the nationwide panic among investors, who have relinquished trillions of their collective investment and retirement dollars to unscrupulous Wall Street investment practices, government manipulated interest rates, and subsequent dollar devaluation. From coast to coast, there are countless investors who are searching for a solution to their devastated investment and retirement plans. Faith in Wall Street has dried up, and many panicking investors are transferring their remaining investment/retirement dollars into gold, just as soon as they think they know how to buy gold. The truth is, that buying gold isn’t as complicated as many people might think. A gold purchase can be made with little more than a few quick computer functions, and a phone call. The technological convenience of a gold transaction, however, should never be confused with knowing how to buy gold.
It sounds unorthodox, but knowing how to buy gold starts with a long, honest look in the mirror. Each investor must evaluate his or her own, specific, financial needs and expectations from owning gold, before they ever pick up a phone, boot up their computer, or write out a check. Each investors needs are unique, and gold investment options are many, so it is paramount for investors to understand their own specific needs, expectations, and limitations, before committing any of their hard-earned investment/retirement dollars into the wrong gold purchase. Once each investor has evaluated his or her finances, it is advisable to consult a large-volume gold dealer, who can assist investors in customizing their precious metal investment needs.