The market leader and best place to find gold bars for sale is GoldMoney.
This company have been around for over 9 years and have the best reputation in the precious metals industry for providing not only quality but they also provide a safe way to store you gold coins and bars so you don’t have to.
GoldMoney have vaults across the world including London, Zurich and Hong Kong. They have extremely robust security which along with their competitive prices is the reason they continue to be the first choice for many people looking for gold bars for sale, and also gold coins for sale too, plus silver, platinum and palladium.
The company allows people in the UK, USA and Canada to open holding accounts with them and offer exceptional online security, are independantly audited by a third party on regular occassions and have secure storage vaults for your gold coins and bars.
In my opinion this is the smartest way to buy gold bars and coins for a few reasons.
First you are still buying physical gold and not paper EFT’s and other similar products, second, your gold is safe, and third, when gold prices rise which many industry experts are predicting it to do so.
Some estimates as high as $8000 an oz, it is easy to sell your gold when it is with GoldMoney because they provide you with a holdings account which you can access 24hrs a day online.
This allows you to quickly off load your gold if we go into a blow off top market where the prizes rise sharply and their is a frenzy to buy gold. If you own physical gold coins and bars it is much harder to sell them yourself, and you risk missing the top of market and not being able to sell fast enough if prices come down.
Gold Coins or Bars?
A common question asked by new gold investors is whether to buy gold coins or gold bars, and with gold it really doesn’t make a lot of difference. The reason is that you can get bars the same size as coins.
With silver however coins tend to be smaller units than bars, and this means you can potentially buy more coins for the same equivalent weight in a bar. The advantage of this is that you when you want put some of your gold coins for sale, you don’t have to sell them all at the same time and can gradually offload them as your watch the spot price.
Gold bars can come in many sizes, however you must always check the quality of the gold is 99% pure. The industry in regulated and all good bullion dealers adhere to gold bars standards laid out by the LBMA.
Investing in Gold
Whether looking for gold bars for sale or gold coins, in my opinion in the current economic situation globally both are a safe bet. With the US dollar continuing to fall and with all gloabl currencies pegged to it, we may well be on the brink of a major economic meltdown globally that will the crisis of 2008 look like a walk in the park, as many leading economists such as Porter Stansberry and many precious metals investors predict.
The good news is that the best way to protect your families wealth in such as crisis is buying gold, physical gold!
Gold has been used as money for 1000′s of years and the what it does so well is preserve purchasing power.
Gold today can buy the same amount of crude oil as it did in the 1950′s, which is a clear illustration of how it retains purchasing power.
All currencies, such as the US dollar the british pound and so forth, are terrible stores of wealth and purchasing power. Inflation erodes wealth that is saved in banks in the from of currency, and hyper-inflation which is very likely on the door step for America and the UK not only erodes wealth it totally wipes it out. The worst hit in situations like this, is the middle class saver, who works hard and stores all their money in the bank. This is what happening in Weimar Germany, Yugoslavia and many other examples in history.
Gold Price on the Rise
Gold prices so far in 2011 have continued to increase, now over 900 pounds an oz. At this stage in the gold market, which is referred to as a Bull Market looks like it has moved into it’s second phrase. Traditionally Bull Markets have three phrases, the initial phrase were gold is undervalued and there is a lot skepticism about whether to buy.
This is then followed by the second phrase where optimism comes in and more people start to buy gold, which is usually the longest phrase with large gains. Finally this is followed by the third phase which is best described as mass hysteria and rabid buying of gold which causes the price to shoot sky high, as we saw in the gold bull market between 1970 to 1980. In these times it is much harder to find gold coins for sale, or any gold for that matter.
This bull market is slightly different though, as this time around there are much more player involved, namely Russians, Chinese are Indians, who were not included in the bull market of the 70′s but this time around they are.
In fact back in March 2011 the People’s Bank of China (PBOC) advised the chinese people to buy a gold as a protection against inflation. The Chinese population is 4 times that of the US. Not only that though but as Peter Lezner from Forbes explains, India are also getting more heavily involved in buying gold, with over 400 local post offices selling physical gold to citizens, with loans for gold purchases becoming more readily available.
With the conflict in the middle east and the Japanese disaster, people are losing faith in fiat currencies and moving to gold and also silver to protect their wealth. This trend is only going to increase in months to come as this bull market gains momentum.
To buy gold and silver today visit GoldMoney and open a free acount with them and you will find a variety of gold bars for sale and coins, plus silver also.
(links on this page are sponsored affiliate links, and in no way is the advice provided on this website intended to be taken as professional financial/investment advice. The content is the authors opinion only.)
