• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Creative Christian Mama

God bless all Mothers

  • Home
  • About
    • Write For Us
  • Children
  • Education
  • Pets
  • Cooking
  • Wellness
  • Diy/Home
  • Travel
  • Finance
  • Tech

gold

What You Need To Know About Buying Silver And Gold During The Coronavirus Pandemic

June 9, 2020 by Miriam Dunning Leave a Comment

Many investors are concerned that the global economy will be seriously affected by the global lockdown caused by the spread of the coronavirus, and they are therefore moving their wealth into safer commodities, and gold is at the top of their list. Gold has a fantastic track record in times of financial pressure, and some experts are predicting the $2k per ounce mark will be reached sometime in 2020, and bearing this information in mind, perhaps the time is right to convert your wealth into gold bullion.

Online Solutions

When looking to acquire gold bullion, it is important that you source a reputable gold bullion dealer and the Internet offers the best way to make contact with such a company. As an example, the best way for you to buy gold is simply Google an established bullion dealer and make an appointment to visit their main offices. Then, you can carry out the transaction in a secure environment and should you have any queries about gold investment, the experts are happy to advise on every aspect of precious metal investment.

Taking Physical Possession of your Gold

It is essential that you actually take possession of your gold, for obvious reasons; if, for example, the global economy were to collapse, you might be left holding a worthless piece of paper, so it is always wise to receive your gold bullion and store it somewhere safe. You could rent a safety deposit box at a local bank, or have a concealed safe installed at home, which is a safer alternative to hiding your gold under the bed.

Social Distancing

Of course, any reputable gold bullion dealer’s offices would be suitably prepared for safe social distancing, and you can inspect the gold in a secure area and would not break the 2-metre rule. City Gold Bullion is one of the trusted gold buyers in Adelaide so make sure to check what they can offer. You can make an appointment via their website or on the phone, and they would have secure indoor parking, making your visit convenient.

Analyse the Market

Prior to making a gold purchase, look carefully at current trends. Indeed, many experts would say that this is the time to move into gold as prices are forecast to increase in the coming months, as more and more people sell of their fiat currency and buy gold. If you look back at the Great Depression and other big recessions, you will see that the price of gold increased, and you can expect that trend to be evident in this pandemic which is a strong indicator that now is a good time to switch your wealth into a commodity that is stable.

Whenever you wish to buy or sell precious metals, you are advised to visit the offices of a reputable gold bullion dealer, as they would be able to facilitate your acquisition in a safe manner, with social distancing measures in place.

Filed Under: Finance Tagged With: finance, gold, investing, money, precious metals, silver

First-Time Gold Investor? Consider These 5 Factors

December 8, 2017 by Miriam Dunning Leave a Comment

When world economies fail, gold continues to prosper. Gold bullion coins sell in the millions every week, alluring investors to purchase gold. If you’re a first-time gold buyer, we’ve put together a couple of handy tips to consider before you make that investment.


  1. North American Coins Are a Good Choice

The American Eagle and Canadian Maple Leafe gold coins are very easy to both buy and also to sell. But, the American Eagle’s gold content along with its purity has been guaranteed by the U.S. Mint and these coins may even be put into retirement accounts.

What’s more, the more widely used gold coins are far easier sell than, for example, the Austrian Vienna Philharmonic coins or the South African Krugerrand.

In comparison, gold bars are costly, typically trading in 10-ounce amounts, but they can be difficult to sell and expensive to ship around.

If you choose to invest in gold coins, firstly, make sure that you purchase from reputable gold buyers in Adelaide, and secondly, store them in a home safe or safety deposit box. Physical possession is usually best if you want to avoid dealer scams.


  1. Compare Prices

Typically, a Mint will not sell coins directly, but reputable dealers will. If it’s your first time buying gold, be sure to compare prices among dealers. This is pretty easy to do since coins sell at a premium above gold’s sport price. Turn to the internet to find the spot price. The best thing to do is aim for the lowest possible price and try to avoid buying gold on sites like eBay where you risk getting pulled into an unnecessary and costly bidding war.


  1. Invest in 1-Ounce Coins

Typically, gold coins are issued in four main denominations, mainly, 1-ounce, half an ounce, a quarter of an ounce, and a tenth of an ounce. Keep in mind that the fractional coins usually carry higher premiums above the spot prices compared to the one-ounce varieties, which is why it’s better to invest in 1-ounce gold coins.


  1. Stay Away from Rare Coins

Rarer coins usually require a lot more expertise and diligence when investing in them. Consider this: two coins may look identical, but have totally different grades. It’s differences like these that can add up in the region of thousands of dollars. It’s a good hire to use a professional grading certificate and get certificates of authenticity when you do buy rare coins. This is usually somewhat of a hassle for investors, though. The professional grading services, however, will judge the physical condition of the coin and assign it a grade – it’s like investing in a piece of art.


  1. Buyback Policies

If you want to invest in gold coins, make sure you find out what a dealer usually charges to sell them. All dealers are different, and not all of them will charge a premium. Simply call out and find out their policy.

It’s worth remembering that there are plenty of scam artists out there, and if you come across a dealer offering delayed delivery or free storage, this should send up big red flags. Also, avoid buying from telemarketers as they usually charge a lot higher commissions.

Now that you have these tips, we hope you enjoy investing in gold!

Filed Under: Finance Tagged With: finance, gold, investing, money

Primary Sidebar

Follow us

  • facebook
  • twitter

Recent Posts

  • How Does Your Credit Score Impact You Financially
  • 7 Characteristics of an Inspirational Teacher
  • Care Tips For Cork Flooring
  • How to Decorate a Home with Modern Rugs
  • Nutella Stuffed Cookies recipe made with Atta

Footer

Creative Christian Mama

Are you a parent who is looking for the best way to raise your children with a good Christian background? Stop second guessing what’s best for your family – we have a whole host of great ideas right in the pages of this very blog!

Recent Posts

  • How Does Your Credit Score Impact You Financially
  • 7 Characteristics of an Inspirational Teacher
  • Care Tips For Cork Flooring
  • How to Decorate a Home with Modern Rugs
  • Nutella Stuffed Cookies recipe made with Atta

Follow us

  • facebook
  • twitter

Copyright © 2022 · News Pro on Genesis Framework · WordPress · Log in