The Big Deal: Why we should buy gold as opposed to silver
The following article is a guest post by Michael Fenton, a former investment adviser and consultant.
He is the author of Gold, Silver and the Real World of the Real Estate Bubble and the forthcoming book Gold and the Bubble.
This post is a follow up to a post from earlier this year titled Why Gold Matters.
The article below has been edited for length and clarity.
For more great articles from Michael, check out his website, The Michael Fentons Gold Blog.
What is gold?
Gold is a precious metal.
Its not a precious mineral.
Its a store of value.
Like a precious jewel, gold is an abstract value that’s intangible and hard to measure.
Gold is a store, not a storehouse.
The idea that it’s a physical commodity or something that you can hold is just a myth.
Its more like a store card.
And you can’t use a gold bank account to hold it.
Gold does not give you ownership over your gold.
If you put your gold in a bank, you have no right to control its value.
If someone stole it and sold it, that’s your money.
What are gold bugs?
A gold bug is a gold coin that is too thin or too small to be worth its weight in gold.
In general, a gold bug has a tiny bit of gold in it.
But that tiny bit doesn’t mean it’s worth anything.
The gold bug usually isn’t worth any money.
A gold bug will be worth the same as a penny if it’s minted in a museum.
And that coin is worthless because it was minted under bad conditions.
If the gold bug weighs a tenth of an ounce, it would have to weigh over a kilogram to be worthy of such a tiny fraction of a gram.
Gold bugs are so common, how can I avoid them?
When you are purchasing precious metals online, you don’t have to be afraid of them.
In fact, the safest way to buy gold is to look for the ones that are the most expensive.
A dollar coin that has been minted and stamped with a tiny dot of gold is a good example.
So is a large silver bullion coin that looks like a coin from the 1980s.
You can always get a good price on the silver bullions.
If gold bugs are rare, however, there are many online shops that sell them for a fraction of their real world value.
There are also some very popular websites that sell precious metals for less than their value, often for pennies.
A $10,000 silver bull will sell for less then $100.
So if you’re in a market where you can get gold, you may as well try to find a good deal on a silver coin.
How much gold do I need to invest in gold?
Gold bugs cost anywhere from $1,000 to $5,000.
That’s a lot of money for a few pennies worth of silver.
But even a penny of gold will only buy you about $500 worth of real world assets.
If your goal is to buy a million dollars worth of precious metals and put them into your 401(k) account, you’re better off just spending that money elsewhere.
Are there any other ways to buy precious metals?
There’s a market for precious metals trading on the NASDAQ, which is another way to trade.
A small gold bug can fetch you anywhere from pennies to tens of thousands of dollars.
But the most common way to invest your gold is through ETFs, which are ETFs that track and track and are structured so that investors don’t actually own any shares of the ETFs.
ETFs are typically very small, like $0.001 or $0,001,000, and they are also not subject to the volatility of the stock market.
ETF investors don.invest.
In addition, ETFs also offer the ability to buy the underlying ETFs on the spot market for a smaller investment.
If these ETFs aren’t the most liquid and efficient, you can always buy the ETF directly from the ETF manager.
ETF managers are usually able to charge you a commission for buying the ETF, but that is usually a one-time fee, and it’s usually lower than what you would pay on the regular market.
What if I’m buying a coin that’s worth a lot more than its price?
Sometimes, it can be tempting to invest a lot in a single coin and then lose money because you bought it at a price that’s too high.
Or sometimes, you just want to buy some gold and then have some fun with it for a while.
In any case, if you do decide to put your money into gold, be prepared for the worst.
There will be times when you might not get what you pay for.
In those rare instances, you’ll have to wait and see if the bull market will