Question: I want to jump on the Gold IRA bandwagon but am struggling with how much I’d need in gold to properly hedge my other investments. What would you say is a minimum or maximum? What other factors will eat into my investment?
Full Article →Amelia in Minnesota is wondering what the differences are between numismatic, collectible and ancient coins – and if there are any risks to look out for as a new investor. In the world of gold and silver investment, precious metal coins aren’t always simply coins. They can be gateways to history, art – and sometimes – a tidy profit.
Full Article →Marc in New Jersey asked several questions related to difficulty in finding options for setting up an offshore gold IRA. And he’s right – things have changed over the past few years. Offshore gold IRAs were a huge boom a few years ago, thanks to aggressive marketing by one particular company and an inevitable rush of copycat competitors
Full Article →Mark in the UK asks the best ways to determine the authenticity of a precious metals investment. There are a lot of fake bullion bars and coins out there and they are becoming increasingly hard to spot as the price of precious metals reach new all-time highs and criminals up their games to keep the profits flowing.
Full Article →Remember when I told you that junior miners are likely to decline significantly when stocks decline? That just happened. To a small extent, but still. This means that when the stock market moves much lower, junior miners are likely to slide in a major way, too, creating great profits for us. Let’s take a look at what happened.
Full Article →“I’m researching Cayman Islands gold storage options and want to know if this is a recommended location for holding investment precious metals” George in North Dakota has a sizeable inheritance and is looking to secure a portion of this in gold. He is worried about local storage in the US and is looking into options in the near-offshore market.
Full Article →Andy in Texas asked me how I got started working in the gold industry and what I would recommend someone starting out. I’m not sure my exact route into working with gold could be replicated (or would even WANT to be replicated) by anyone – but the underlying path could definitely work for you, as it has done for hundreds of others.
Full Article →Susan in Connecticut asks “Where do I buy gold for investment?” and I don’t think she’s being ironic. My first thought was you do realize you’re asking this on a platform listing over 1,600 gold dealers – no? But I rapidly packed away my incredulity when I saw our directory only lists 12 precious metals dealers listed in Connecticut.
Full Article →“Is a gold IRA a good investment?” In my book, it’s not just good; it’s a tax-savvy treasure trove in the world of retirement planning. While we have something similar in the UK (a Gold SIPP) it’s not even half-way as good as the American IRA. Let’s delve into the why, starting with its tax-advantaged nature…
Full Article →Sara in Maine asks “Why is gold NOT a good investment?” – and although it pains me to say, the yellow metal is NOT perfect for everyone. So I’m going to be rolling out a few common tropes used by many of those who are against gold as an investment – and one real issue that is badly wrong with the gold market and makes my blood boil.
Full Article →Rod from Kentucky asks “Which gold investment is best?” a question with as many answers as there are stars in the sky! ‘Best’ is of course a subjective term, and what’s best for one investor might not be for another. To answer the question I’ll break it down from various angles – the most common cases where a specific course of gold-buying action may be ‘best’
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