We can not predict with certainty what gold or any other commodity or currency will make the short, medium or long term. Because of this, we tend to avoid giving specific advice or strong position. There are some areas where we have a great experience and feel that we can give advice in confidence. Some of them may seem obvious, but it is surprising how often we find it again.
Buy the cheapest
This is one of the most obvious advice we give. But usually add "reason." In general, the cheapest ways to buy gold bullion, Krugerrands or sovereigns. Of these three options, gold bars can be purchased for less than the percentage of raw gold, followed by gold sovereigns and Krugerrands. Most other gold coins are more expensive and therefore best avoided, at least by serious gold investors. You might think, therefore we recommend gold bullion, gold Krugerrands and sovereigns as the best investment in gold, in that order. However, we believe that the rulers worth paying extra for a small premium, due to its small size, and the historic and aesthetic values you get for almost nothing. Our advice will change with market changes, but generally, we believe that the most effective ways to invest in physical gold are: -
Gold sovereigns
The sovereigns are a smaller room, more attractive, more historic, and probably best known as Krugerrands, therefore, we believe it is worth paying a little more premium on the Krugerrand, to buy sovereigns. If you can buy sovereigns of the difference of about 2% over the Krugerrand, we believe that making them a better long-term purchase. Currently investors to buy at least 50 sovereigns, Krugerrands difference below 2%, sometimes as little as 1%, and making them our first choice. Obviously, a little subjective, and reflects our personal opinion. Consider, however, that if you were to buy 100 sovereigns in our piece, you can sell to an individual simply for the benefit of 10% and be very competitive prices. You could not make the same claim about Krugerrand.
Sovereigns also have the advantage of being exempt from CGT (tax law capital gains) in Britain.
The countries with the best current
Krugerrand
Krugerrands are the best known modern gold bullion oz. They are available in large quantities and can usually be bought more cheaply than any other precious metal coins oz. This fact alone makes them one ounce bullion coin is worth considering. In reality they are not particularly attractive, not only in the sense of historical interest, but their production quality is consistently high, and are very affordable for small investors to buy gold. They are also easy to compare prices, because they contain exactly one ounce of gold.
Currently, the best deals on parts oz
Gold Bullion
Although one look, gold bars may seem the cheapest way to invest in physical gold, some points should be noted, and some disadvantages.
Our price of an ounce bar is usually exactly the same as for a single ounce Krugerrand. Buy two Krügers good, and Quantity price breaks Krugerrands be cheaper, and therefore a better buy. It is also true that the large bar, a kilo of selling a percentage of the lowest premium Krugerrands are not as easy to resell. Only a specialist gold dealer is likely to give you a good purchase price for gold bars and often with less enthusiasm than Krugerrands, Sovereigns, or other highly marketable coins. This limits your choice of buyer, and most distributors could expect to pay slightly less for gold bars, coins, expressed as a percentage of their intrinsic value of gold If you buy large bars as a kilo, it is useful if you decide to sell part of it!
Large investors, may be worth considering London Good Delivery bars, but the first thing to note is that here, although they are usually referred to as 400 ounces or 12.5 kilograms, bars, a wide range of weight tolerances eligible, 350-430 oz. In addition, most of their purity, tolerance, the lowest is 0.995 or 99.5% pure. Most of the "small" bars are 0.9999 or 99.99% purity. Because of these factors, 400 oz bars are usually only deal with governments, central banks and large ingots and other professionals.
Currently, the best deals on gold bullion
Buy cheap
It makes sense to buy gold when its price is low and not high. Many people are tempted to buy gold when they learn that the price has increased. While this may be the right thing, if the price continues to rise, it is often better to buy when the price fell. Conversely, if you think it is a good time to buy, so do not wait and try to buy low absolute, which is very unlikely to get it exactly right. We heard several times that if you can buy 10% in the bottom and sell within 10% of the top, it would be a very happy and successful investor.
Check prices for percentages do not
When you try to compare the various gold, compare the percentage of the price of gold for each option. We call this the percentage of premium, or a prize. Since the actual rates vary continuously in the background as well as the price of gold, just look at the price as a percentage, or above the gold content.
