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Monday, January 16, 2006

Investing in Gold Bullion

Should you be investing in gold bullion?

With the current rising trend in the value of gold it is a prudent idea to invest some assets in gold at least for the long term, if not for the short.

So what gold should one invest in?

One can invest in shares in gold companies, in ETF (gold exchange traded funds), gold in online gold accounts such as goldmoney.com or in gold coins and gold bullion or bars.

Whereas, in a fickle market subject to pressures not related to the value of gold, shares or exchange traded funds might go down, solid gold has traditionally held its own in the market place.

An ounce of solid gold will still buy the same value now as it did 100 years ago. Shares will not. Probably the best choice by far is to buy actual gold. This can be in the form of gold coins or gold bars. They are easy to obtain from reputable dealers and mints online and also have an appealing aesthetic quality admired by most collectors. In addition the gold content is usually clearly labeled and guaranteed.

Gold coins such as the American Gold Eagle, The Australian Kookaburra, Canadian Maple Leaf, the South African Krugerrand and others are very popular with collectors and enthusiasts.

Also the basic gold bars or biscuits, as they are often called, from one gram up to many troy ounces, can be easily purchased and stored for the future. Perhaps not as popular as gold coins and a little harder to sell, nevertheless they are still a valid form of bullion for many collectors.

In times of economic downturn or uncertainty, wise people tend to invest in gold coins which can be easily sold in just about any country on the planet. Gold coins are easy to hide from burglars, easy to store and transport and are generally tax free.

So when it comes to investing in gold bullion, gold coins are considered one of the best investments one can make for the future.



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