Does gold make for a secure investment?
Well, the United States Gold Bureau surely believe so.
They say that if you want to preserve wealth, then you should invest in gold.
The reason?
For centuries, the demand for gold has outpaced supply, a factor that ensures that it's price will increase.
The United States Gold Bureau (US Gold Bureau) offer gold as investments to the public.
Two forms gold are offered: gold coins and/or gold ingot (bullion).
An ingot of any metal is a mass of the metal, such as a bar or block, that is cast in a standard shape for convenient storage or shipment. (Bullion is a mass of any precious metal).
Gold coins are actual coins about the weight and size of a US quarter.
Gold bullion/ingot, contrary to popular belief, however, are not large gold bars, but are similar in shape and weight to a dog (ID) tag that soldiers wear as pendants for the chains around their necks.
The cheapest gold bullion offered by the US Gold Bureau weighs just one (1) ounce, with a length of 1.75 inches and width of 1 inch.
(Its length is about the same length of the longer side of a large paper clip. It is similar in shape and size to the 1 ounce gold bullion in the inset photo above).
Its price is US $1,398.59 - i.e. US $29.95 above the spot price (the going rate for a direct transfer of gold into cash). The US $29.95 covers cost of storage until delivery (when the gold is sold) and the cost of speculation.
You profit when the market (spot) price is above the price you paid for the gold ingot.
Since the price of gold has steadily increased over the past 100 years, you should make a profit, if you choose to sell at any time in the future, when the market (spot) price exceeds cost.
As with any investment, you should keep tabs on it and learn how this precious metal is traded; what determines it price and its price movements daily, weekly and annually.
If there's anything that you don't understand, you should research it and/or ask. The US Gold Bureau has a dedicated staff of hard asset professionals who are ready to serve your precious metals investment needs.
They also claim to be America’s best dealer, with a convenient market and competitive precious metals prices.
One thing for certain is that when you buy gold, it's a hard asset that you can hand down to your kids and grand-kids.
So, why not try investing in it?
Do your research of the companies offering gold as an investment and the market (spot) price for particular weights of gold. Use the United States Gold Bureau as your starting point.
I'm sure that they'd be delighted if your research shows that they are the company to stick with, to ensure that your investment in gold, will be be secure and profitable.
(Please note that the advice given here does not substitute for advice from your qualified financial advisor/planner - please consult him/her for investment advice.)
Gillian