How to buy gold?

The most important question. Gold is mentioned many times a day in media; when you look at the charts, you can see, that after 20 year long hover around $300-$400 per ounce, gold rocketed close to $2000. Asking if there is a bubble and how dangerous is more than legitimate.

There have been that the gold bubble will burst very soon. However, I believe that the gold will flourish in upcoming years. Why? Because FED has been running quantitative easing of unprecedented size. Because Euro is on the edge of collapse, and China will face huge real estate bubble. People are slowly losing confidence in fiat currency and more and more think about gold in the way they used to think about it for the past 5000 years - not as an investment,not as an industrial metal, but as of MONEY.

However, it is not my goal to persuade you. You are here to learn how to buy gold, so you probably already made up your mind. In case you want to study more, I include a list of links at the bottom of this lens, which should help you. To be fair, I include both pro and against commentaries and analyses.

You want physical gold, not futures, or options
Do not forget this. Gold is your hedge against financial system meltdown. You do not want IOU on gold, which are just pieces of paper, when the issuer becomes insolvent!

Option #1 - buy gold metal and store it at home
This is the most hardcore method - you just order the gold and store it - simple! However, when we are talking about gold, we mean bars, not coins or even jewellery! Gold coins and jewellery are much more expensive due to artistic value and/or historic value. While it can be a good investment, it is not what we mean by gold hedge.

• Advantage: You have the metal in your hand, you can use it as collateral, or liquidate it within few hours.
  
• Disadvantages: Expensive for smaller investors (small quantities have higher premiums), need for safe storage/insurance, theoretical danger of confiscation (as happened in 1933)
  

Option #2 - Gold Vault service
There is also a second alternative. There are several gold vault services, most notably Gold Money, which will process the purchase and store your gold in safe vaults in Switzerland, or other safe countries.

• Advantages: fast&cheap (ideal for saving some gold every month), safe (your gold is stored in foreign safes, you can order it home when you need), low premiums, can be used for payments in gold
  
• Disadvantages: you don't have the gold at home (unless you order it)
  

Gold money is international gold and precious metals merchant, founded in 2001 by James Turk. Today, it serves almost 22,000 clients and stores around $2 billion of precious metals for them.

GM uses vaults in Honk Kong, Zurich, and London. It is registered in Jersey Island, autonomous Channel Island. It enables purchase and storage of gold, silver, palladium, and platinum.

How does it work?

Coming Soon!