Investing in Gold The Wise Way

So you know how to buy gold, but now you to know where to sell gold. Not every place pays the same rates, and the best place to sell gold depends on the type of gold you are trying to sell. In this article we’ll talk about where to go to unload gold of various types, and share a few “gotchas” to look out for. We’ll also talk about selling scrap gold, because even though you shouldn’t be buying it for investments, a lot of people end up with it anyway!

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Gold owners may be impatient, but the odds still favor future price increases. In this article, Tom Cleveland from Forex Traders discusses fundamentals driving gold prices and gives us some insight into the price correlation with currencies, especially the US Dollar. If you are investing in gold for the long term (and you should be!) this is the kind of information you need.

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Are you really making as much from your gold investment as you think you are? Is the tax on gold as high as you think it is? Most investors misunderstand how the capital gains tax (also called the “collectibles tax”) works, and we want to fix it! In part one of this series we’ll give a brief overview of capital gains and tip you off on what is probably the most overlooked bit of information regarding capital gains taxes.

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Want to know how to invest in gold, but aren’t sure where to start? Deciding how much to buy is an important step when you decide to buy gold that we all have to figure out. Did you know that gold is excellent at providing one type of diversity, but isn’t suitable for another common type? In this article we’ll discuss gold’s role in portfolio diversity so that you can maximize your investment security.

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In 1933, President Roosevelt issued Executive Order 6102, which confiscated gold from American citizens, a restriction on the ownership of gold that lasted until 1974. Now, dealers are telling their customers that their coins and medallions are exempt from confiscation. Is this true, or are some people buying these coins and medallions under false pretenses?

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Do you know the most important step to investing in gold properly? Statistically speaking, you probably don’t! Amazingly, most investors skip this essential step to ensuring that they maximize returns. You can avoid a simple mistake by knowing this key, foundational element and understanding what it means to your investment strategy. Ten minutes spent on this could save you a lot of trouble in the future.

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