The world financial crisis has done a lot for the gold market. Gold does tend to keep its value and people who might previously have invested in gold shares are taking their money out of that and putting it into solid gold. More people are now saying ‘lets buy gold’ because they regard it as a hedge or safety net against inflation.
Time was when only the very rich and those who knew about dealing in precious metals would by gold for investment purposes. Nowadays your local plumber is just as likely to want to buy some gold as an investment as the very rich and the seasoned dealers.
The rise of the internet has brought things like gold dealing into the lives of people who might never have dreamed of investing in bullion or in sovereigns before now and who certainly may not have considered the implications of doing so.
While it might seem that everyone who says let’s buy gold is going to be know exactly what they are letting themselves in for. If you really do have some money to invest in gold then you also need to consider that it will have to be insured.
When you buy gold you should already have considered how you plan to keep your gold safe in transit and how you are going to keep it safe once it arrives. Most insurance companies will insist on secure storage for your gold and will probably prefer it be kept in a bank vault than in a private safe.
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Lets buy gold!
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