If you want to learn where to buy physical precious metals like gold and silver, [click here].
Why Own Gold:
Gold protects your wealth against inflation and currency devaluation. For example, if you had bought gold in 2008 at $700–$800 per ounce, you would have doubled your investment by now. Moreover, gold safeguards your assets from bank failures, as seen in places like Cyprus or Venezuela.
Physical Gold & Silver:
In the past, gold could only be bought from banks, coin dealers, or miners. Coins like the Maple Leaf, Krugerrand, or Golden Eagle remain popular.
Today, you can also buy bullion bars in various weights, small ingots, or even rough hand-poured silver bars from trusted dealers or platforms like eBay.
Be cautious: ensure you are buying real metal, not substitutes.
Online & Storage Options:
Platforms like Bullion Vault and Kitco allow you to buy gold by the gram and store it securely in vaults.
Regal Assets can deliver bullion directly to your home, giving you full control.
Exchange-Traded Funds (ETFs):
ETFs like SPDR Gold Shares (GLD) track gold prices, letting you invest without worrying about storage, authenticity, or insurance. Each share represents a fraction of an ounce of gold, with low fees.
Mutual Funds:
Some mutual funds invest in gold or precious metals, such as Prudent Global Income (PSAFX) or Vanguard Precious Metals and Mining (VGPMX). Be aware of fees, volatility, and minimum holding periods.
Jewelry:
Gold jewelry is popular worldwide, but in North America, it is best purchased for personal enjoyment rather than as an investment. Jewelry often carries a premium and may need refining if you later sell it as investment-grade gold.
