Owning Physical GOLD and SILVER is the best policy against Inflation, Deflation, Currency Devaluation and Economic Crisis.
WHY INVEST IN GOLD and SILVER BULLION?
With no new gold mines, and high demand on precious metals, prices will always go up. Even if the stock market crash, currency devaluates Gold and Silver are able to hold its value, grow at a steady rate, and has potential for an explosive growth in the short term.
HOW TO INVEST IN BULLION?
To start investing in Silver or Gold bullion is simple. Just start buying it.
WHERE TO BUY?
Silver and Gold can be bought just about anywhere;On the Internet:
You can buy Silver and Gold from a reputable Bullion dealer online. Commonly known and used Buy and sell websites like EBAY, Craig’s List, KIJIJI and other various USED -type Classifieds.
Through a Bank:
Some local banks like Scotia bank, will order silver and gold for you. It may take some time though because some banks do not have them in their vaults.
Local shops:
Variety of places buy and sell Silver and Gold coins. Money exchange like Vancouver Bullion Exchange, buy and sell Bullions. Pawnshops, Coin Shops, Antique Stores, Hobby and Stamp shops also sell bullions but they tend to sell at high prices over spot.
WHAT ARE THE PRICES OF BULLION?
Market price of Silver and Gold is referred to as a “SPOT”. Buying over or under “spot” means buying at a higher or lower price than the market price.It is easy to check the price; it is published in all major financial papers, media, and internet.
Do not be fooled by your local Coin Shop trying to sell you something at twice the price, happens quiet often. Shop around. Keep in mind though that the margin that is paid varies, depending on what type of bullion it is (round bar or wafers), the weight of the bullion (1 oz or ¼ oz), and the precious metal (Gold, Silver, Platinum).
HOW LONG DO I INVEST?
There are many opinions and strategies in long and short term investments, however one thing is certain that Gold and Silver are able to hold its value, grow at a steady rate, and has potential for an explosive growth in the long and short term.Right now there is much talk about Silver and Gold price manipulation by the FED, JPM, HSBC etc. Whatever the outcome of that is, Precious metals will likely to continue to grow and be a good part of your overall investment portfolio for a multitude of reasons.
