Buyinggoldbullion's Blog

(Buying Gold Coins) The Benefits

buyinggoldbullion — Fri, 12 Dec 2008 04:33:37 +0000

New video of buying gold coins more to come soon

The Price Difference Between Paper Gold and Physical Gold

buyinggoldbullion — Sun, 07 Dec 2008 03:44:09 +0000

The spot price of paper gold as of 12/6/08 is 754.30, but if anyone who can do a search on eBay for items sold takes a look and see what 1 ounce gold eagles are selling for will know things have change when buying gold bullion. You are lucky or bless if you can find a 1 ounce gold eagle that sold for fewer than 954.30. Some of these coins have been struck this year so numismatic value is out of the question.

Why the more than 200.00 dollar premium? You ask; it’s because as time passes the spot price of paper gold is becoming more and more irrelevant. A few “powerful” institutions like New York Mercantile Exchange/ COMEX are not more powerful than market forces.

I say this tongue and cheek but if investors start to demand physical delivery of this abundance of cheap paper gold, will COMEX be the next to big to fail institution. Remember that some jokes do have some elements of truth; I pray this is not one of them.

Video of buying gold bars

buyinggoldbullion — Sat, 06 Dec 2008 07:24:04 +0000

New video of buying gold bars more to come soon

buyinggoldbullion — Tue, 02 Dec 2008 04:15:27 +0000

Buying gold bullion is a good way to protect your wealth from inflation. Inflation is when a government or a central bank of a nation issues more currency faster than the growth of goods and services. This can cause prices or goods and services to rise. Buying gold coins or buying gold bars can protect your wealth because when prices of goods and services raise the price of your gold will also rise.

Buying gold bullion with the advent of the internet has become easier through out the years. There are many sites you can visit if you are interested in buying gold bars or buying gold coins. It is also easier to find out the spot price of gold. The spot price is how much one troy ounce is selling for at the time you are willing to buy. Buying gold online is a fast and safe way to own gold.

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buyinggoldbullion — Tue, 02 Dec 2008 01:46:59 +0000

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