Saturday, December 11, 2010

How to Invest in Gold

There are a number of ways to make money buying and selling gold these days—but one of the smartest and easiest ways is by investing in gold coins.

As the dollar loses value, smart investors buy gold coins and gold in other forms as safe investments. Why gold, you ask? Just take a look at the soaring price of gold these days! With payouts larger than $1,415 USD per ounce, it’s no wonder that gold is currently the precious metal of choice.

Even if you’ve never considered purchasing gold before, now is a great time to educate yourself and give it some thought. Just like the dollar or the euro, gold is a form of currency. However, unlike other types of currency, gold itself will never lose it’s value. Meaning, if the dollar loses its value, gold will still be worth something!

Additionally, the government does not determine the value of gold. So unlike the dollar, the value of gold is free from government influence, making it a more profitable investment than say, the interest you can earn from funds, bonds, or bank deposit accounts.

The upcoming holiday season is a great time to purchase gold coins as a gift for someone special on your list! Or, since payout prices are so high right now, you might also consider selling your gold coins to make money for the holidays. 

Visit Joe’s Gold and Silver online at www.gold2cashexchange.com for our five convenient locations and for more information about buying and selling gold. Call 818 Joe Gold to speak to us today.

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