Showing posts with label gold investment. Show all posts
Showing posts with label gold investment. Show all posts

Monday, September 20, 2010

Tips for Investing in the Next Gold Rush

buying goldAs gold prices are continuing to rise, gold stocks, ETFs funds and other investments are making headlines again. And with good reason as it seems we are in for some extensive inflation in the near future. Gold investment is one of the very few ways to ensure your nest egg won’t get eaten into.

Gold Shares ETF

First up is the SPDR Gold Shares ETF (NYSE: GLD). This ETF fund invests in gold bullion, and only gold bullion. “SPDR Gold Shares are up significantly year to date, a +14% return vs. a flat market, and up +25% in the last year compared to less than +10% for the Dow,” according to Richard Young, Editor of the Intelligence Report. Gold has increased in value for 10 straight years, so you can expect a sound investment in GLD.

Global Materials ETF

Other materials aren’t as easy to predict. Because they can be cyclical and often offer small dividend yields – if any at all, investing in other mining commodities isn’t always suggested. However, you can spread your risk around and capitalize on the broader gains of commodities like silver, copper and steel via materials ETF. The iShares MSCI S&P Global Materials Sector Fund (NYSE: MXI) has a global flavor. According to Young, “Top holdings include mining giants BHP Billiton (NYSE: BHP), Rio Tinto PLC (NYSE: RTP) and Vale (NYSE: VALE), along with more focused gold miners Barrick Gold Corp. (NYSE: ABX) and Newmont Mining Corp. (NYSE: NEM) among others.”

Buy Gold on Its Own

While it’s not practical for many folks, it is a perfectly good idea to allocate some of your retirement funds to actual hard assets like gold coins. In fact, Young recommends that investors keep 10% of their portfolio in gold and foreign currencies. It is important to note that buying gold retail is not always easy. Looking to a trusted gold dealer is the best practice when buying gold.

Now is the time, more than ever, to invest in gold. Call United Gold Group at (800) 488-3903, and ask to speak to one of our Senior Account Executives, who will be more than willing to help you get on the right track and provide you with the input necessary to make informed and profitable decisions.

Tuesday, August 10, 2010

American Eagle Coins – What Smart Investors Know

gold coins If you are finally in that position where you have a nice cushion of money in your savings account, you should first congratulate yourself. In today’s economic landscape, it is not easy to accumulate wealth. Those who have a good amount of money have worked hard, invested intelligently, and have done a wonderful job saving. You probably don’t want that money to just sit in the bank. This is actually unsafe in today’s unstable financial environment. At the same time, you will want to be cautious about how you invest your money. Investing in the wrong market can actually be the first step toward financial ruin. You will want to make sure you take care of your money by making smart decisions that keep the money safe and allow it to grow in value. This is why American Eagle coins are becoming an increasingly popular form of investment for many people all over the world.

The truth is that people all over the world are fed up with the risky and dishonest behavior of those in the big companies and major money markets. They see gold investment as a feasible alternative. They are correct to think so, too. There is no market more stable right now than the gold market. There is no better way to assure yourself that your money is safe and that it is going to accumulate wealth. If you don’t believe this article, then you should do a little research. You will find that there are books and articles, all written in the last few years by leading economists and financial experts, which all recommend that concerned investors look to gold.

You will want to begin by buying gold coins. A great way to start this process is online. You can actually type “invest gold” into your search bar and come up with a wide array of responses. Are all of these results the same? The answers is no. You will have to look at each website and read the descriptions, costs, and customer recommendations. You will also want to call the hotlines so that you can speak to representatives and get the real answers.

A smart way to invest in gold is to buy wholesale gold coins. This is a way to avoid the middleman, and therefore avoid having to pay extra fees. Remember that when there are steps between you and the wholesaler, you are always paying extra fees. This is simply the way the game is played. You want to make sure that you are getting the best and most secure cold for the most reasonable cost.

Saturday, July 3, 2010

buy gold coins : Make a Good Investment with a Bit of Knowledge Behind You

buy gold coins Rare gold coins are one way to invest in the gold market. With recent troubles of the stock market, more and more people see the need to put their money into hard currency. That is why many choose to buy gold coins. They present a tangible piece of metal that holds a certain amount of worth based on the material. Gold investment has historically been a common place for people to put their money during economic crisis. Whether you invest American eagle gold coins or bullion bars, getting a piece of shiny yellow metal gives many people a sense of safety for their money. In times of economic crisis, that sense of safety helps keep the economy from totally collapsing.

If you want to get into rare gold coins, American eagle gold coins are good way to start. Manufacturers make these gold coins in 22-carat gold. Due to its soft nature, the manufacturer mixes 22 parts gold with two parts silver and copper in order for the coin to retain its shape. These gold coins date from 1986. Manufacturers have produced sets every year since then. When many people think to buy gold coins, these are usually the first ones that pop into their mind. There are two types of these coins. One is the American eagle gold proof. The other one is the American eagle gold bullion. When you get into gold investment, you need to know the difference.

American eagle gold coins are the official gold bullion coin of the United States. They come in different weights. All of the gold comes from sources within the United States. They come with a guarantee of quality and purity from the United States government. When you decide to buy gold coins, you need to make sure they are of high value and good quality. Gold investment is not for the rank amateur. There are a lot of scams out there trying to sell low-quality gold coins at premium prices. Rare gold coins have become the latest scam artist’s tool.

Many people see gold investment as a way to hedge against the bad economy. However, historically gold has only had about a 7% return on investment. That is why it is important to invest in high-quality rare gold coins to make sure your money is in the right place. American eagle gold coins are one of your best options. When the economy goes down, the cost of gold goes up. Make sure you buy at a good price in order for your coins to retain their value. Buy gold coins as part of an overall investment plan.

Thursday, June 3, 2010

gold investment - Investing in Gold?

gold dealers
Gold is one of the oldest forms of showing who is wealthiest of all. Many battles have been fought over gold and other jewels. It has also been used as a form of payment throughout history and is used as a relative standard for currency equivalent to specific economic countries or regions.

It is for this reason; gold investment is one of the widest known way of accumulating for future. European and other countries implemented the gold standards during the mid 50s. Until the Second World War, these used to be dismantled to take care of the financial crises.

After the war, the wholesale gold bullion pegged the United States dollars to gold rate at US$35 per ounce troy. This resulted in a large amount of gold coins investment from people o all sections of society.

Since 1930s, the commonest benchmark for the gold price has been the famous London gold fixing. It is a twice a day telephone meeting of different representatives from the five major bullion-trading firms that also represent the gold dealers. The London bullion market has many wealthy dealers associated with it who make thousands of dollars by trading on the volatile nature of gold.

In addition to this, gold is traded continuously all over the world based on intra-day price that is derived from gold-trading markets throughout the world. Some of the factors that influence gold prices are the availability of gold in the market and its demand. This is very much similar to all other types of investments and commodities.

Many traders believe in creating scarcity by getting into unlawful practices such as hoarding. Though central banks and other official organizations all over the world keep a strict eye on the moment of gold, they still have only 20% of the total gold reserves.

Thursday, May 6, 2010

Central Banks - Net-Buyers of Gold for First Time in Decades

buying gold Gold could double in price sooner than most anticipate, and for a variety of reasons. More often than not, it is often wrongly assumed that the value of the United States dollar is the single driving force behind the price of gold. While this may have been a more viable position years ago, the ever-globalized world economy has thrown many more variables into the equation. On many occasions, we see that the United States Dollar is strengthening, yet gold prices continue to grow. The recent economic malaise that has hit the world, however, has put much into perspective. This is particularly true with respect to the credit woes of two major European Union countries: Portugal and Greece. With the bond markets in Europe suffering due to the lowering of these countries’ credit ratings, the strength of the Euro has fallen, especially with respect to the US Dollar. Simultaneously, traders have begun buying gold in vast amounts as a hedge against European currency risk. Traditionally, gold has been seen as a hedge against only the US Dollar, but in the globalized economy of the 21st Century, this is clearly not the case.

Faith in the sustainability of major currencies is no surprise. With the United States Dollar and the Euro, arguably the two driving world currencies, we see an intrinsic flaw in their structure: what is there to back their promise of sustainability? These two fiat currencies have no “real” value. The rest of the world has taken note of this, and the precious metals market has seen an upsurge of demand by the most logical of buyers: central banks. For the last twenty years, central banks were sellers of gold. Amid economic uncertainty and the safe-haven nature of gold investment demand has been growing at extremely fast rates, leading central banks to not only become net buyers once again, but in many cases to outright stop selling their gold. Without surprise, two of the major countries buying gold are China and India. India, in fact, bought out nearly half—200 of the 403 metric tons—of gold that the International Monetary Fund (IMF) put up for sale at the end of 2009. While these two countries represent the big players driving up the demand and subsequent price of gold, the central banks of smaller countries, such as Sri Lanka and Mauritius, have entered the mix, buying gold from the IMF as a safe-haven amidst the economic turmoil.

What does this mean for the average consumer? As more and more central banks begin to buy gold coins, bullion, bars, etc., the credit struggles for European countries continue, and continued economic uncertainty grows, gold and other precious metals will continue to rise and potentially double. That said, it cannot be stressed enough how important it is for the average consumer to begin seriously diversifying his or her portfolio with precious metals before while it is still affordable and in supply.

Start taking the steps today. Call United Gold Group at (800) 615-1513 today and talk to one of our Senior Account Executives to get on the right track to protecting you and your family for the future. Set up your Gold IRA or 401K today!

Wednesday, May 5, 2010

Chinese Gold Consumption, and What That Means for Your Investment Portfolio

gold investment
As the Chinese economy continues to grow, so does the expansion of the Chinese middle class. This pattern is a natural progression, beginning with economic growth and income expansion and culminating in new disposable income for citizens to spend on higher-end commodities. The Chinese are purchasing larger homes with better amenities and driving more luxurious cars. What China’s growing middle class is doing, however, is also spending a good portion of their newly acquired income on gold and gold coins.

Over the last decade, China’s GDP has nearly tripled, and their demand for gold has as well. With their newfound economic growth and their high savings rate, the Chinese have wisely turned to gold to be one of their primary investment safe havens. Although China’s per-capita gold consumption is one of the lowest in the world, which is the total amount of gold in the country divided by the population, their aggregate consumption of gold is repeatedly in the top five worldwide. This discrepancy can be attributed to the massive population that China has; after all, the size of its middle class alone is as large as the entire population of the United States.

Many experts predict that Chinese gold consumption could double within the decade, undoubtedly driving up the price of gold to record numbers. In the last year alone, the value of gold and world gold coins has increased by more than 25% and in the last 10 years it has increased by over 300%. This should come as a powerful indicator of the long-term return potential of gold, as China produces more gold than any other country yet is already consuming roughly 10% over what it produces at its current domestic supply. Not only will prices drive up higher, but an even greater proportion of the world’s production of gold will have to be channeled towards China to keep up with the country’s growing demand.

Why wait until prices rise another 100%? Call United Gold Group at 1-800-615-1513 today, and ask one of our Senior Account Executives to help you get on the path to diversifying your investment portfolio, getting started on gold investment, and protecting your assets for the future.