Thursday, October 11, 2007

Cheapest Way to Buy Gold

We've written to you about how to buy gold jewelry and gold bullion as an investment, and even gave you tips on how to get involved with mining gold yourself with Grist. A few have written asking what is the best month to buy gold, while others what to know if Comex gold, or investing in gold coins is the way to go?

Our feeling is that the dollar continues to show instability in all global markets. As you may have felt, that dollar doesn't go as far as it used to - even a few years ago. People will have their lawn cut for over $100 a month, a maid for $100 a week, and fill up their take at $50 a pop. The U.S. Dollar is weak - and the traders are naturally going to go somewhere they can make money.

If you've read this site at all, you know we preach when the dollar loses value, gold rises in value. That is a rule that pretty much holds true. Dollar down - Gold up. So recently when a visitor to the site asked, "I only have $3000 to invest. Should I put it in CD's?" we replied that what we would do - "our" choice.

Yes, you can do what you want, and we offer no financial advice here - only what we would do in this situation. We're not licensed to give advice, nor qualified to take your money for investment - however, we would like to offer you a special report on where we would put our hard earned dollars, and have. The report is short and to the point; no reams of paper to go through. You can probably read it on your lunch break.

Yes, gold jewelry is a good investment we believe, but something that might be even easier to get into, and is more liquid than gold jewelry. The reason most people never think of investing in this market is because they believe it requires a large outlay of cash. But you don't need a lot of money to invest in gold in this way. You can begin very small and buy and sell as you like.

We invite you to check out buying gold bullion, and no, this isn't the coin method we talked about a few days ago. This is an exciting way to buy gold today at the cheapest prices because it is done via the Internet. The way gold is climbing in value makes it the perfect time to buy - we believe. For us it only makes sense to check out this great resource and review how and why you might want to have gold in your portfolio. Again - check out this inexpensive way to buy gold. Thank you.

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