Investing in precious metals is simply a systemized breakdown of each investor’s specific, individual, long-term and short-term financial needs and expectations. Each investor should thoroughly evaluate his or her financial needs, and then proceed with the following guidelines for investing in precious metals:
RESEARCH: Investors should research the types of precious metals investments that could best suit their individual long-term and short-term financial needs.
BULLION: Traditionally used for short-term profit ventures, as bullion prices tend to adhere to the current gold spot price. Bullion comes in two forms;
A) Bars – Household investors typically buy one-ounce, and ten-ounce bars with reputable brand names like JOHNSON MATTHEY, CREDIT SUISSE, or PAMP SUISSE, for purity and worldwide liquidity.
B) Coins – 22-Karat bullion coins include American Eagles, and South African Krugerrands.
Coins – 24-Karat bullion coins include American Buffalos, Canadian Maple Leafs, Australian Koalas, Kangaroos, and Lunar coins, as well as Chinese Pandas.
RARE COIN: Used for long-term financial protection, as rare coins’ numismatic value generally appreciates over time. Typical household investments include rare coins like:
A) Double Eagles – $20 Lady and $20 Saint Gaudens, 22-Karat gold coins
B) Eagles – $10 Liberty’s and Indian gold coins
C) Half Eagles – $5 Liberty’s and $5 Indian coins
There are also $2.5 Liberty’s and $2.5 Indian coins available, along with other less widely traded coins like $4 Stellas, and 1855 Indian Head Dollars. Investors are urged to conduct as much research as possible, and then to:
CONTACT: A reputable, large-volume precious metal dealer who typically offers institutional discounts to household investors like you. They offer investment advice, and can also get interested investors started with a precious metal-backed IRA.