One of the more attractive aspects to buying gold bullion, is its’ relative affordability in comparison to rare coin prices. Unlike long-term, rare coin investments, bullion carries premiums that generally hover slightly above the current gold spot price, which represents the cost of one troy-ounce of pure gold. The spot price is currently hovering around $1070 per ounce levels, and although there remains some debate as to why gold prices have dropped to such affordable levels so quickly, those who are buying gold bullion obviously believe that gold prices won’t remain there for very long. As a result, short-term profit seekers can now use bullion for what may be a wide-open window for potential gold spot price gains, while others are opening government-approved, bullion-backed IRAs, for long-term financial safety. (www.usagold.com)

Bullion-backed IRAs are an especially attractive option among our nation’s “baby-boomers”, since certified rare coin prices are so high, and long-term financial security is among these individual’s primary concerns. The government doesn’t permit rare coins for IRA storage, but acceptable bullion bar brand names include Credit Suisse, Johnson Matthey, Engelhard, and PAMP Suisse. Household investors typically purchase, one-ounce, and/or ten-ounce bars, although kilo bars are available.

Modern American Eagle bullion coins are the only government-approved items for IRAs with 22-karat purity, so holders of 22-karat South African Krugerrands may want to consider converting their metal to modern American Eagles, or various 24-karat bullion coinage, like American Buffalos, or Chinese Pandas.

Those who complete their research, are encouraged to contact one of our friendly specialists, who can facilitate a precious metal IRA transaction, and who also offer institutional discounts on bullion bars, coins, and rare coins to household investors like you.

Danny Burns

This morning was a beneficial one for short-term investors who buy gold bullion, as the spot price (which represents the cost of one troy-ounce of pure gold) saw a low of $1118.50, but managed to climb to a high of $1140.00, before settling to $1128 levels, at around noon today. Bullion bars, and coins like one-troy-ounce American Eagles are ideal for capitalizing on spot price fluctuations, as they contain no numismatic value like rare coins do, so their prices generally hover slightly above the current gold spot price.

Bullion bars are a bit more affordable than American Eagle coins, but investors are warned to purchase only reputable brand names for their 1-ounce, and 10-ounce bullion bars, which include Engelhard, Johnson Matthey, Credit Suisse, and PAMP Suisse, for guaranteed purity. All of the aforementioned bullion items are also U.S. government-approved for precious metal IRA storage, and since rare coins aren’t permitted, many long-term investors (baby boomers in particular) who prefer to buy gold bullion, use precious metal retirement accounts for financial protection.

American Eagle bullion is the only 22-karat bullion that is permitted in precious metal IRAs, so investors who prefer the beauty of 24-karat gold coinage, buy gold bullion coins like American Buffalos, Chinese Pandas, Canadian Maple Leafs, Austrian Philharmonics, and Australian Kangaroos, Koalas, and Lunar coins. Prospective investors are encouraged to complete their research, and then to contact one of our friendly specialists, who offer institutional discounts on gold bullion and rare coin, to household investors like you.

Danny Burns

Short term precious metals investors purchase gold bullion items like 24-karat, 1-ounce, and/or 10-ounce bullion bars, or coins like 22-karat American Eagles, because their absence of numismatic value grants them much greater affordability, compared to rare coins. Corporate, and household investors alike purchase gold bullion at prices that generally hover slightly above the current gold spot price, which is the cost of one troy ounce of pure gold. The past few weeks have been particularly beneficial for investors who purchase gold bullion, as the spot price has been displaying a Herculean ability to repeatedly surpass its’ own all-time highs, while allowing for minimal profit-taking recovery periods in between.

Bullion bars’ prices are the closest to the current spot price, and reputable brand names for 24-karat purity include Credit Suisse, PAMP Suisse, Engelhard, and Johnson Matthey. These bars also make superb diversifications for rare coins like Double Eagles, which are $20 Lady Liberty, and $20 Saint Gaudens, 22-karat gold coins, which are extremely costly long-term, safe haven investments. These bullion bars also make ideal long-term investments in their own right, as U.S. government approved, gold-backed IRA contributions. The aforementioned American Eagle bullion coins are the only government-approved 22-karat bullion coin for IRA storage, and since no rare coins are permitted in these IRAs, investors purchase 24-karat bullion coins like Chinese Pandas, or American Buffalos. Household investors can avoid paying insipid retail prices for their Double Eagle rare coin and/or bullion coin by contacting one of our friendly specialists, who offer institutional discounts to resourceful investors like you.

Danny Burns

Global demand for gold has been relentless, as the spot price set yet another record high this morning, reaching $1102.30 per troy ounce at around 9:45 EST. The record setting display that the spot price has exhibited during the past few weeks has been a virtual dream scenario for short-term investors who buy gold bullion, and more investors are researching precious metals every day. It’s true that there are a great many gold investors who have just cause to celebrate, but the more sobering side of this scenario is a battered economy that requires a great deal more recovery than any standing eight- count could possibly provide. Though many short-term “savvies” will continue to play the bullion profit angle, others are considering a more solid, long-term investment with rare Double Eagle gold coins.

It’s been shown that throughout long-term cycles of dire economic struggle, rare coins like Double Eagles appreciate exponentially. Rare coins possess numismatic value that bullion coins do not, which is why serious long-term investors purchase $20 Lady Liberty, and $20 Saint Gaudens, 22-karat, Double Eagle gold coins for long-term safety, and buy gold bullion coins like modern American Eagles, as short-term diversifications. It is far less costly and complicated to liquidate a bullion coins if need be, and the numismatic value that rare coins possess can be left to appreciate over time. Investors can avoid paying ridiculous retail prices for their bullion and rare coin by contacting one of our friendly specialists, who offer institutional discounts to household investors.

Danny Burns

Global economic conditions over the past few years have prompted countless investors to convert their portfolios, retirement accounts into gold holdings, in an attempt to potentially profit in the wake of imminent dollar devaluation, and subsequent inflationary rises. Since gold investing was new to so many, buying gold bullion was the most logical means of converting their fledgling traditional investments in stocks and bonds into gold. Many investors initially opted for the speed and convenience of buying gold bullion online, as they were so distraught over the discovery of their nearly depleted investment and retirement dollars. These online purchases, or ETFs (Exchange Traded Funds) are considered by many seasoned gold investors to be speculative, as ETF investments never physically reach the hands of the investor. Since no banking or electronic investment system is infallible, most veteran investors prefer the security of taking physical possession of at least some of their bullion, in the event of a banking or personal emergency.

Although buying gold bullion is traditionally a wise means of protecting wealth and securing financial independence, it is essential for each individual investor to conduct a detailed evaluation of his or her financial needs and expectations, before committing any of their hard-earned money into an ill-advised gold investment. Once an investor has evaluated his or her finances, they are advised to consult a reputable, large volume precious metal dealer, with a proven track record of customer satisfaction. Reputable dealers, like the Certified Gold Exchange, offer expert investment advice, and competitive prices, for investors who are considering buying gold bullion.

Danny Burns