In the past few years, many investors have asked me about the best ways to invest in gold, and I have come to the conclusion that it really all depends on your goals and needs because there are so many different products in the precious metal market that could benefit many different types of investment portfolios. First things first, when looking for the best ways to invest in gold, it’s very important that you always take physical possession of your bars or coins because stocks and exchange traded funds are simply way too risky if you seek a true safe haven diversification. Many investors who own gold stocks and exchange traded funds are not aware of the risks involved in the event that the company that holds the metal was to go bankrupt. This being said, it simply isn’t wise to have someone else hold your investment during these unstable economic times.
As far as products are concerned, the best ways to invest in gold are in either modern-day bullion products or pre-1933 certified rare coins. Typically, investors who have short-term profit-taking goals diversify into modern-day bullion products because their low premium makes them easy to purchase and sell in an instant. On the other hand, investors who have long-term wealth preservation goals diversify into pre-1933 certified rare coins because they have proven less volatility than modern-day bullion products, plus they have been deemed “non-confiscatable” according to Executive Order 6102 due to their numismatic value. If you seek more information on the best ways to invest in gold, feel free to browse my website or contact me if you would like a thorough explanation of the market.
John Halloran
Senior Gold Specialist - Buy-Gold.org
