Monday 19 September 2011

Buying Gold – Only fools rush into this one

If you are considering buying gold as an element of your investment and protection strategy for the future, remember the words to an old song made famous (for the writer anyway) by Doris Day in 1962 titled “Fools Rush In”; if you rush in to this complicated market you are liable to get your fingers burned – badly. There are many types of gold investments but only one precious metal.
It has to be considered when buying gold if the investment is long term, what will make the most profitable return pro rata, do you want to take physical possession of the gold or is it to be left in a safe secure depository and what charges 9if any) will be levied for each transaction?
All of these questions and more will be answered truthfully, but only if you make the right choice of broker or agent. Choose wisely, after all you don’t want to be remembered for being the title of a song.

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