21 August 2012
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!
18 June 2012
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.
22 May 2012
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.
17 May 2012
Most of us have a large portion of our savings tied into IRAs. Whether it's because of an employer retirement plan or simply because of the tax advantages, some people that want to invest in gold have no other way to do so. Many people assume that they can't invest in gold in this situation, but that's not true! A Gold IRA is an IRA that can accept physical metals that meet certain requirements. In this article we'll discuss the best ways to handle retirement gold.
08 March 2012
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.
06 March 2012
It's becoming more common to see coin dealers and telemarketers try to get their customers to buy European gold coins. Unfortunately, they do this because the coins are good for returns - for them, not you! These coins have a lot of problems that we believe makes them unsuitable for investment, especially if you need them in an emergency. Before investing with these coins you'll want to read this.
02 March 2012
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?
27 February 2012
Mutual funds are a common gold investment, but does that make them a wise gold investment? For most investors we think the answer is no. In this article we will examine the advantages and disadvantages of buying gold through mutual funds, as well as some common misconceptions about the transaction costs involved. (hint: they aren't as cheap as you think!)
