7 Crucial Considerations Before You Buy Gold & Silver

1. What Are Your Objectives?
2. What Kind Of Coins Or Bars Should You buy?
Precious Metals IRA: Only IRS approved bars and coins are permissible.
Discretionary funds: Then it’s likely that US legal tender coins will provide the best option. Their advantages are:
✔️ Privacy: Certain legal tender coins have no dealer reporting requirements upon liquidation. Bars are reportable in specific quantities.
✔️ Liquidity: Easy to buy and sell due to their desirability and track record. Don’t buy obscure precious metals, as your sale price will reflect their diminished appeal.
✔️ Divisibility: Owning one huge bar may appeal to your ego but it means you have to sell all or none of your holding. Coins give you flexibility to sell as little or much as you like.
✔️ Value: Benefit from economies of scale without compromising your divisibility. When you need to sell, fractional coins can fetch amongst the best prices in the market.
3. Where To Buy?
EBAY: Browse from home. May pick up a bargain if the seller has no reserve. Very high risk. May not be authentic. No paperwork or recourse.
Auction: Some may provide decent quantities. Time consuming to attend and can be more expensive than you anticipate. High risk of buying illiquid Gold.
Jeweler: May be convenient to pick up. Very limited stock of coins and bars. No paperwork and will pay vastly lower price when you wish to sell.
Dealer: Expertise and guidance provided. Choice and high quantity available. Good prices and should have a compelling buyback guarantee. Provides clients with supporting paperwork on every transaction.
Do your research when selecting a dealer, as not all are equal. Do your research and read the customer reviews. Make sure to not fall for "FREE" gimmicks, it will more than likely inflate the costs of your purchase.
4. How Do you Know It's Real and High Quality?
🔎 Buy from an established and reputable source.
🔎 Gold & Silver bars should have a serial number and/or certification.
🔎 Only buy from dealers who adhere to a strict code of ethics and standards, and provide complete transparency in their pricing.
🔎 Have it tested.
5. Is The Timing Right?
⏱️ Current economic landscape of soaring National Debt, High Inflation, Interest Rate Fluctuations, Record Jobless & Corporate Bankruptcies, fueling interest in Precious Metals as a safe haven.
⏱️ Stocks of physical bars and coins are at the lowest ever with demand far outstripping supply.
⏱️ Gold and Silver are currently priced below their inflation-adjusted peaks, presenting a potential value opportunity for investors.
⏱️ Reduce emotional concern by dollar cost averaging your purchases to reduce the impact of market volatility.
⏱️ Gold & Silver are medium to long term investments so exact timing isn't crucial.
6. How Will You Sell It?
• To optimize your prices, sell coins one at a time to collectors, but this may take time.
• Sell to a jeweler for ease, but expect low value as they may melt down the Gold
• Sell on Ebay to potentially secure a high price. But beware Paypal of charges and don’t forget your reserve price!
• Sell back to your dealer for the best combination of convenience, instant liquidity and price. Ask if they offer a Buyback Guarantee when you buy in the first place
7. Where Will You Keep It?
Want to learn more about investing in Precious Metals?
Talk to us today by calling a consultant at (800) 719-7408