Tan Bing Song

Written by: Tan Bing Song Today's investor has more options than ever if they want to invest in gold. They can buy gold coins, gold jewelry, stocks in companies that mine gold or hold gold reserves and even gold nugget invest. It's really up to you as to what type of investment makes the most sense for you and your financial goals.  Of course, buying raw gold, in nugget form, is much different than the other forms you can buy gold in. It's important that you educate yourself before you go out and try to find yourself a prospector.  The first thing you want to do is to find several mines that are close to you and that you can trust. Of course, depending on where you live, you may not have one close by, but if possible find several that are located together so you can visit them all at the same time.  Once you've identified several mines that you are interested in, see if they have a phone number or website. If so, it will be an easy matter to find out if they ...

Written by: Tan Bing Song Just like back in the old west days, gold mining companies invest time and resources to discover, mine and process gold. To be able to finance this expensive operation many companies will offer public shares which, as you probably know, allows the average person to own a small piece of the company. When the prices for gold goes up, so does the profit margin and that's when the investor can see a profit from owning gold mining stocks. To increase your chances of making money, and not losing money, there are some simple steps you can take. Remember though, all types of investing carry some risk, though you may be able to mitigate a lot of the risk by gaining knowledge, you can't guarantee you'll make money so never invest more than you can afford to lose.  One thing you should do first is to figure out how much money you can allocate to buy mining shares. The general rule is to have about 10% of your portfolio made up with precious metal...

Written by: Tan Bing Song To hedge against the falling dollar many smart investors are turning to a more tangible asset, gold. There are many ways you can invest in gold, you can actually purchase stocks in gold mines, gold bullion, and of course you can buy gold investment coins.  Before you pull out your wallet you want to know a little more about the process of buying gold as an investment. For the purpose of this article we're going to talk strictly about buying gold coins as an investment.  No matter what you invest in, there is always a direct correlation between the amount of knowledge you have and the amount of success you see with your investments. For that reason, it's very important you do your homework.  The price of gold has been going up for some time now and is at an all time high. Many coin collectors have begun to sell of their collections and they are being melted down just for the value of the gold. If this practice continues gold coins might...

Written by: Tan Bing Song Recently there has been a resurgence in investing in gold and other precious medals. Since no one can predict whether or not your investments will go up or down, getting reliable and sound gold investment advice should be step number 1. Of course, in order to make money on your gold investment you need to buy right. When buying gold you can either buy gold bars or gold coins.  Of course, when it comes to investing your ultimate goal is to make money when you sell, more money than you paid for the gold when you bought it.  To get the most out of your sale you have to consider when and to whom you will sell when the time comes. Will you sell all your gold in one batch or will you sell it off a little here and a little there? The reason you want to consider these issues now is that it can help you figure out what types of gold you should buy.  If you want to sell off your gold over time, you're probably better off buying coins since you...

Written by: Tan Bing Song There are many people who advise using gold investments as a way to hedge against uncertainty in the stock market. And there are many good points behind that argument, but there are also some downsides of owning big, heavy bars of gold. For these reasons it may be easier to just buy gold exchange traded funds. Gold exchange funds or ETF or GETF are bought and sold online just like you would buy shares from any other type of company. You will keep these shares in a brokerage account. Though you aren't actually buying the gold bullion, you are only buying shares of companies that invest in gold, this is a great way to buy gold without worrying about the downsides of owning gold.  Owning the physical gold coins or bullion can also be a risky proposition if you've got loose lips. If you tell too many people that you've got that gold stored in your home safe, you may just find that the wrong person will overhear and before you know it your home...

Written by: Tan Bing Song Investing in gold elf, or gold exchange traded funds, is beginning to look like a good idea to the savvy investor. Gold has been a valued resource since th dawn of time and since it's not readily available and the amount of gold is finite, it will only continue to go up in value.  Buying gold has long been the strategy of investors to hedge against inflation and the debasing of the U.S. dollar. Since gold prices (and those of other commodities) go up in direct correlation to the value of the dollar going down, now might be a great time to jump right in.  When buying gold you actually have a few options. You can buy gold coins. Many times these coins will actually be worth more, sometimes much more, than their face value. The total value will depend on how much gold these coins consist of. Since gold is a soft metal gold coins will have other metals added in, usually copper and silver.  The amount of other metals will mean that the go...