How to Buy and Store Gold & Silver
Are you curious about how you can invest in gold and silver? There are many places to buy precious metals, but you're not sure where to start?
Have you ever considered converting your IRA or 401K to gold? This is known as a "Gold IRA Rollover".
This book helps you make intelligent choices when investing in gold, silver or other precious metals. Whether you take possession or store abroad. More
Are you curious about how you can invest in gold and silver? There are many places to buy precious metals, but you're not sure where to start? Have you ever considered converting your IRA or 401K to gold? This is known as a "Gold IRA Rollover". Many companies will allow employees, past and present to do this with their current IRA.
This book discusses the many ways you can participate in buying and owning gold or other precious metals. However, most of them do not afford you the safety that ownership of the metals; themselves do.
The book helps you sort through these options and methods for buying and storing gold and silver, and also offers you some resources that can assist you and provide you with expert advice and online technology to streamline the process gold investing for you.
The Federal Reserve, Central Bank continues to print new money to pay interest on outstanding debts. This is a unique sleight of hand that only the privately owned Federal Reserve can pull off. It's called "monetizing the debt". If you or I can't pay our bills, we have to worry about the lights being turned off.
When the out of control Federal Government can't pay its' bills, the Federal Reserve Bank just Makes More Money! This also called "robbing Peter to pay Paul." If all of this is not a recipe for disaster, one would wonder what is!
You may have seen pictures from the 1920 in Germany, where people were taking wheel barrels over flowing with German marks just to buy a loaf of bread!
By late 1923, the Weimar Republic was issuing two‐trillion Mark banknotes and postage stamps with a face value of fifty billion Mark. The highest value banknote issued by the Reichsbank had a face value of 100 trillion Mark (100,000,000,000,000; 100 million).
The question arises, when should one start to convert paper and digital "money" into gold and precious metals or other assets with intrinsic value? There's a famous quote by famed investor, Warren Buffet. He has stated that his success has not been as much about how to"time the market," so far as when to get in, as much as it has been about "time in the market."
The question for gold and silver investors and savers today is what are your motivations? If it's short-term gains with profit taking on movements in the market, then electronic trading is an option and is mentioned in the book.
If one was feeling very insecure about the safety of their wealth in the current climate and circumstances, then they might consider converting paper and digital wealth to precious metals or other tangible assets as quickly as possible, just so they have something with tangible value that they can rely on, in the event of the unthinkable actually happening.
Another strategy, if urgency is not the overriding factor, is to do what is called Dollar Cost Averaging. This way you set a plan of making regular purchases of your gold-silver, possibly of equal amounts, over time. This way, you don't worry about temporary ups or down. You don't need to study technical charts and the like. You have made a decision in advance for reasons other than short-term profit. And so just sticking to a plan of entry regardless of temporary gyrations of the prices allows you to average your purchase prices.
Sometimes your gold purchases may appear to have great gains and others may appear to have temporary losses. But you still have control of the physical metals. No one can take your gold away from you, not if you have it secured properly, as we discuss in the book. And this having control of the physical gold-silver is the allure of owning gold and other precious metals, for many!
If you don't start accumulating your own stash or gold and precious metals now, when will you? This book may help decide and give you some resources that can help you start taking baby steps, sooner than later.