What prompted you to learn how to buy gold and silver? Are you interested in collectibles, is there a jewelry purchase that you need to make, or are you trying to invest in gold and silver for wealth protection and growth? Depending upon your particular circumstances, you may need to look in a number of differing directions to buy gold and silver that is appropriate for you.
If you are interested in buying and/or selling jewelry with a national precious metal exchange, you may want to visit www.Kitco.com, because the jewelry section at that site has been quite helpful for many individuals looking for jewelry to buy or with jewelry to liquidate. If you are interested in collecting coins as a hobby, you want to visit www.PCGS.com, because the Professional Coin Grading Service maintains accurate and updated lists of US collector coins and their prices and populations. If you are an investor looking for a hedge against inflation or a long-term back-up plan in case of a national financial collapse, we will answer some of your questions here.
If you are interested in a short-term (1-14 month) hedge against dollar-backed assets due to possible inflation, then gold bullion products and silver bullion products may best fit your needs. Bullion trades very close to the spot price of each respective metal, so rapid-fire buy and sell transactions can be completed within short time frames. Longer-term holders don’t normally buy bullion, because they buy gold and silver coins that have been certified.
Certified coins are a better option if you want long-term possession of gold and silver because they have historically outperformed raw bullion and they are private investments that don’t require complicated paperwork to purchase. Call our trading floor to get answers to any other questions you have before you buy gold and silver, or go through our award-winning tutorials (below) on your own time to get the answers that you seek from our hard-working research team.
Steven Martin
Senior Gold Specialist - Buy-Gold.org