Why to protect your wealth and how to invest in gold, part 2.

Door FreeCrisisAdviser gepubliceerd op Wednesday 05 October 23:41

We're in a huge bubble!

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And it's gonna burst! But not before the next President is elected, that I assure you.

It's all a matter of timing and a government, together with a federal bank are in fact very much able to kick the can. Okay, so you know that the economy is struggling, the interest rates are historically low, the Fed can't raise interest rates or the economy will come crashing down. The banks have created more debt due to their exposure in derivatives. And yet the Dow Jones is doing just fine? Manipulation my friends.

When you finally wake up and you realise that the Dow Jones is too high, and on the other side of the exquation, the goldprice is too low, what are you going to do?

You buy some gold!

How can you invest in gold?

1. Physical gold like gold coins or gold bars:

You can buy some physical gold, gold you can hold in your hand. You have options: depending on the amount of the investment you're planning you will have to make a choice between coins and bars. Just make sure they are all submitted by L.B.M.A. certified suppliers (London Bullion Market Association) and thereby good marketable.

The most popular coins are:

  • American Gold Eagle
  • American Gold Buffalo
  • South African Krugerrand
  • Canadian Maple leaf
  • Austrian Philharmonic

2. Senior Gold Stocks:

Some of the biggest players are:

  • Barrick Gold Corp.
  • Newmont Mining Corp.
  • Anglogold Ashanti Ltd.

3. Junior Gold Stocks:

  • There are hundreds of them, and you need to know that the risks are very high when you invest in a junior mining company. But on the other hand, so are the possible returns.

4. Gold Miners ETF's:

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You can find this list using this database: http://etfdb.com/

Using this etf database you can also find an etf that allows you to diversify into the senior gold miners or junior gold miners, you can even use leverage up to 300%. I recommend you don't do that!

However this leverage option works in both directions, so be careful what you do = how much money are you confortable with living without if your strategy or gamble works out badly for you!

5. Gold Price ETF's:

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I don't believe that all these ETF's (there are 16 of them) really hold physical gold, but I do believe that the top 3 does: that means GLD, IAU, SGOL,... so be careful and again: do some research yourself!

6. Vaulted Gold:

These are basically companies that will buy and store your gold for you in a safe vault. So you basically pay them a fee to store your gold, which makes sense if you buy a couple kilograms. If you want to do a small investment, buy a coin or bar and get it over with! It will be just as safe at home, and you'll sleep better as well!

  • Goldmoney: This company has over 1,100,000 clients and total customer assets of 1.8 billion representing 34.1 tonnes of gold, making it one of the largest privately owned gold reserves in the world.
  • Goldrepublic: This company has a similar service and holds vaults in Amsterdam, Zurich and Frankfurt. And soon even in Singapore!
  • There are others, make sure to make the right choice for your investment needs!

Costs and risks: commissions for purchase or sale of your gold, custody fees, insurance fees, costs for delivery and pick-up, market price risks, liquidity risks, risk of embezzlement by a provider, custodian, individual or third party, possible leasing of your gold, yes you are reading correct: the leasing of your gold.

Personally, I will stay a mile away from these "vaulted gold" companies. I think that when you want physical delivery of your gold, you will be in for quite a surprise! Gotcha!

7. Jewelry:

Other than physical gold like gold coins and bars, I don't think the Government will go as far as confescating your "jewels" (please forgive me, I just had to)! But all the registrated gold has a trace, that will eventually bring your old government to come knocking at your door! That doesn't mean that you have to be a good citizen does it?

Disclaimer: the information in this article is not intended as a professional investment advice or as a recommendation to make certain investments, but is a rapport for private research. I will not accept any liability for possible loss or damage which can be caused by the content of this article.

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