This update received from BMG (the company I am licensed with as a bullion dealer) in response to rumors on the net about some gold bars being filled with tungsten. Read More

If you’re thinking about buying some gold you’re not alone. Many investors have already done so. Gold is a prudent part of any smart investor’s portfolio, especially in turbulent times. And we are living in turbulent times. It could be argued that our financial institutions and even our way of life are threatened like they haven’t been for many years. Here some points about gold to consider:
•    Gold is a hedge against crisis
•    Gold is a hedge against inflation
•    Gold has never defaulted — unlike currencies and paper assets
•    Gold is the international ‘currency’
•    Gold has intrinsic value and is valued in every developed society
If you agree you should hold some gold, which sort? Well, there are three main ways you could go: coins, gold ETF’s (Exchange Traded Funds), or bullion. I recommend you hold bullion. Why bullion?

Well, let’s take Exchange Traded Fund Gold Trusts (Gold ETF’s) for example. It’s clear to me that they simply don’t have the guarantees that holding actual bullion does. For quick and cost-effective transactions ETF’s are great, but do you really want to put your trust in more ‘paper’ at this time?

Visit bullionhold for more information on buying gold, silver and platinum bullion.

The debate continues (never seems to end) about whether or not it is too late to buy gold. A couple of  years ago I seem to remember gold bug James Sinclair saying that it gold hit $1600 to consider selling. Not sure where Jim stands now and if he has ‘upped’ his figure now that gold is over $1000.

Also debated is the role of gold. Is it a good inflation hedge? Is it better as a crisis hedge? In this article, Jonathan Chevreau of the National Post discusses the topic and includes opinions from the likes of Peter Grandich. See the article here: Is it Too Late to Buy Gold

For believers in gold bullion – like myself – it’s a good inflation hedge, a good crisis hedge and a hedge against the madness of ‘paper assets’ that still seems to mesmerize investors. Why we are so intent on trusting our wealth quite so much to paper promises in the form of proxy assets like gold ETF’s baffles me. We can’t escape paper of course, after all, legal documents are written on the stuff, but surely there should be a limit on what kind of paper we accept in lieu of a solid investment. Perhaps we have become so comfortable with paper, including our paper currency that we don’t really think it through very throughly.

Looks like some folks are willing to pay quite a premimium for their gold coins now. See article by Jeff Opdyke at the Wall Street Journal:http://online.wsj.com/article/SB125944865039968123.html Read More

As you may know, I am a registered dealer for BMGBullionBars (see bullionhold). The following article is by Nick Barisheff, President and CEO of BMG and is published in Seeking Alpha. Here is an excerpt:

‘The best way to preserve and protect wealth in this troubling environment is to diversify into an asset class that has provided tangible, non-depreciable wealth for thousands of years: precious metals. Precious metals are a new option on the radar screens of many financial planners and advisors, most of whom have never witnessed a bear market, and whose main focus is on stocks and bonds.’
Here is a link to the full article: The Next Crisis

This article on the gold bullion (coins and bars) sheds some interesting light on the subject, especially re the observation Mr. Cox makes about the effect of ‘numismatic’ value. Article follows…

By Kevin Cox
Gold bullion is a term that refers to gold coins and gold bars that are close to spot price. Gold bullion is usually a little above spot price because of the manufacturing cost. For a coin or bar to be considered as bullion the bar or coin must have a number of qualities. One quality a bar or coin must have to be considered bullion is little to no numismatic value. Numismatic value when it comes to gold is when a coin or bar is worth more than similar coins or bars because of its age or circumstances it has been through. A bullion coin or bar can build numismatic value over time, or go through a circumstance to give it numismatic value. Some circumstances a bullion coin or bar can go through to give it numismatic value is the mint that makes the coin or bar for some reason stop producing them, the coin or bar being a part of a historic event, or any other reason that makes the coin or bar rare or special to investors.

Another quality a bar or a coin must have to be considered bullion is to have its purity and content of gold stated on it. A bullion coin or bar will have numbers on them that indicate its purity. A coin or a bar that is made of pure gold will say 999.99 or 99.99 and will be 24 karat. It will also show how much gold it contains in grams or troy ounces. A troy ounce is equal to 31.1034768 grams. A gold coin does not always have to be 99.99 or 24 karat to be considered bullion; some coins have its stated amount of gold plus an additional alloy of silver and copper. Coins of this nature will be less then 99.99 pure.

One last quality a bar or a coin must have to be considered bullion is for the coin or bar to be seen as bullion to most investors. The coin or bar must have a good reputation to investors in your area or better yet worldwide. It is recommended before buying gold bullion that you research to see what coins or bars have a good reputation and popular with investors in your area. Buying gold bullion is one of the best ways to invest in gold. If you use the information you read here it will help you to understand the difference between gold bullion and other kinds of gold.

A good web site where you can see more information on topics like this is Buying Gold Bullion which is highly recommended, You can also see the video for Buying Gold Bullion Thank you and enjoy.

Article Source: http://EzineArticles.com/?expert=Kevin_Cox
http://EzineArticles.com/?Buying-Gold-Bullion,-What-Differentiates-Gold-Bullion&id=1809634

Judging by the following from the Wall Street Journal, storing gold is becoming a problem for some banks. Not so with BMG Bullion Bars in Canada. If you are interested in purchasing gold, silver or platinum bullion and storing it in a safe place, visit my website for more information: bullionhold

“Fleets of armored trucks piled with gold bars and coins have been streaming out of midtown Manhattan in one unexpected consequence of the gold craze.

Amid gold’s rise — it has gained 32% this year and reached a record on Monday — investors have been loading up on bullion and coins. One big problem now is where to store it. The solution from HSBC, owner of one of the biggest vaults in the U.S.: somewhere else.

HSBC has told retail clients to remove their small holdings from its fortress beneath its tower on New York City’s Fifth Avenue. The bank …”

My new bullion site is now live. Check it out at http://www.bullionhold.com. If you’re looking for gold, silver or platinum bullion, that’s the place to go. Relatively low fees for purchasing and storing bullion await you. No ‘paper’ gold here…just the real stuff.

Take care,

Anthony

bullionhold is a new site dedicated to helping you to purchase gold and silver bullion safely.

There are a number of ways of holding precious metals including gold and silver: bars, coin, and ‘paper’ being the main ones. All involve different ways to purchase, hold and sell. Some methods are safer than others. Depending on your needs, you will probably find that one is better suited to you than another.

As an authorized dealer for BMG Bullion Bars I will be pleased to assist you in what I consider to be the safest way to buy and hold gold and silver bullion.

Please stay tuned as I put everything in place.