Monday, March 23, 2009

Tricks with Investing in physical gold as a safe haven investment

By Franc Pelarna

There are many reasons to consider buying gold coins. Your investment portfolio will benefit from diversifying with gold. Gold is insurance against the falling value of fiat money. There are many kinds of investments, and they all hold merit, but gold is a solid consistent value. Gold never tarnishes, is consumed, or wears out. Gold bullion is easily the most attractive commodity on the planet. Human's history clearly shows this. In a shakey market, people turn to gold for security, which makes it much more valuable. Many of the top investors and wise citizens are realizing that gold is the only truly safe investment. One of the most popular gold coins on the market is the South African gold coin.

Let's look at a couple factors that make buying the gold Krugerrand a wise choice:

1) Gold bullion is the touchstone of wealth (actually the touchstone is used to determine gold's purity). There is little chance this will change as paper money is devaluing so quickly.

2) Buying gold coins is the quickest and simplest way to invest in gold. This strategy is the easiest to understand when protecting your wealth.

3) There aren't many more liquid assets than gold, it is the original money. The Krugerrand is a very popular gold coin, it can be bought or sold with ease. Gold coins like Krugerrands are great to protect your assets, and also easily liquidated in times of need.

4) It's easy to store the Krugerrand on your own since it is so small. Therefore they can be transported quickly. It is legal for the everyday citizen to own and sell gold.

5) It doesn't get much more simple then buying gold coins. Its easy to comprehend why it is wise to invest in gold. Gold Krugerrands are easily confirmed. It is easy to check the spot price of gold.

Even though the markets are in turmoil, learning how to buy gold coins is always good because gold coins will never loose their value. Many will try to convince you to buy a gold ETF, which is essentially buying stock in somebody elses company. Don't let others play with your money. Don't let others manage, or mismanage your assets, be your own boss by investing in gold bullion. - 15790

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