← Back to All Videos

How To Invest In Gold And When To Invest In Gold

Blog Feb 3, 2014

By far, most investors are extreme amateurs. If you are a middle aged person with a job and a 401k, you most likely have no clue as to how to invest in much of anything, let alone how to invest in gold. In all reality, investment ignorance is not your fault. Not only were you never taught how to invest properly during your educational years, but you have intentionally been kept naive in the ways of investing. Do you remember ever signing up for “Investing 101” in college? How about “Buying Gold Bullion 202” ? Do you remember seeing “When to Invest In Gold 303” on your course schedule? Of course not, however those classes would have been great credits to earn, elective or not.

How To Invest In Gold
How to invest in gold has become more complicated than ever. Today there are regulations and laws that did not exist when your parents were your age. There are gold ETF’s (Exchange Traded Funds) that mock the price of gold, but buying into one of these simply insures that you will never take physical hold of your “gold”. There are gold mining stocks available, but buying into these truly means your are buying into the mining business, and that business just happens to mine gold. In the United States, there are legally two ways to invest in gold; you can purchase gold bullion or you can purchase rare gold coins. Either way, if you don’t physically take possession of them, you don’t own them. Time and time again people who though they owned gold bullion or rare gold coins, but left them in the hands of someone else, woke up to find out that they had been burned. Make sure you actually take possession of your gold bullion and your rare gold coins, and always know where they are. One of the keys to knowing how to invest in gold is knowing that you must be able to get your hands on your metals at any hour of any day. If you were to take a “How To Invest In Gold 101” class, any teacher worth their briefcase or laptop would make sure to cover this on day one. In the words of Gerald Celente, “If you don’t hold it, you don’t own it!”

When To Invest In Gold
Knowing when to invest in gold is just as important as knowing how to invest in gold. Unfortunately, I usually see people buy gold bullion at the wrong time, every time. The old saying, “There is no fever like gold fever!” seems to always ring true. If you are going to invest in gold, this means you must purchase the gold with the intent of selling it later in time at a substantial profit. Time and again I see amateur investors buy in when gold is rocketing upward. What goes up must come down, and those that buy during the frenzy often don’t do well. Buy low and sell high specifically applies to gold bullion. Currently, gold is trading in-between $1200 and $1300 an ounce and has seen technical support. Gold bullion has been as high as $1900 an ounce. Technically speaking, the answer to when to invest in gold is today.

Sources & References In This Article

Tags

Similar Posts

Blog Jan 3, 2024

The Great Taking: Understanding the Shift in Global Debt | A Deep Dive into Financial Collateral

Learn More
Blog Dec 19, 2023

Is the U.S. Dollar in Crisis? Exploring Currency Markets, Inflation, and Bank Downgrades

Learn More
Blog Dec 8, 2023

From Treasury Outflows to Inflation and Consumer Anxiety, how far will it go?

Learn More
Blog Dec 8, 2023

Your Safety Is Not Their Concern

Learn More
Blog Sep 29, 2022

What’s Driving Energy Prices Up? Will the Crisis be worse than the 1970s?

Learn More
Blog Sep 15, 2022

Underneath the Surface: Recession or DEPRESSION?

Learn More
Blog Jan 9, 2020

REAL OR FAKE GOLD, BIG VS SMALL BANK DEPOSITS… Q&A with Lynette Zang and Eric Griffin

Learn More
Blog Nov 28, 2018

ENTERING THE MINEFIELD: Is Your Armor Ready? By Lynette Zang

Learn More

Not Sure What Works for You?

Our team has over a century of combined experience in guiding our customers to the best products is for their wealth protection and preservation goals. Call us today.

888-696-4653
or schedule a call

Schedule A Strategy Session

Get Your Free Protection Guide

Stay Informed

Receive the latest updates regarding the economy.