The price of gold news dominates the financial segments daily! If you are considering making a purchase of gold and silver for your investment portfolio, you need to pay attention.
Why Buy Gold?
By purchasing gold bullion bars, you should have a long-term goal in mind. Coins and bullion show the greatest returns when held on to for at least 3-5 years.
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For those of you who are neophytes to the gold and silver market, you probably have many questions. You may be asking yourself, "Why to buy gold?". That is a very good question. Depending on whom you ask you will probably get a different answer. I will tell you the reason why you should buy gold because GOLD IS MONEY!
When our currency fails and our paper money is worthless, owning physical gold (and silver) will become the globally accepted currency. People will need gold to purchase the essentials of everyday life!
How To Buy Gold
Find a company that sells gold in small ingots or bullion. Ingots will be the perfect size for use as gold money currency. Make sure the gold is 99.9% pure kina-bar quality gold certified by an authorized agency. Be sure to shop around for the lowest storage fees.
Should I Buy Gold or Silver?
For practical purposes, that is, using precious metals as a new global currency Gold is a better choice. It is not as soft as silver and small ingots bring a higher price.
The price of Silver is forecasted to continue its meteoric rise with more room to go higher than gold. So if you are trading precious metals, silver is a better bet.