INVEST IN GOLD AND SILVER - HOW TO - The Best Way to Invest in Gold and Silver
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HOW TO INVEST IN GOLD AND SILVER
FOR GOLD AND SILVER INVESTORS
(Afficianados and Enthusiasts)
I was a very successful professional gold buyer (think "cash for gold") in one of America's largest cities. Now I help others buy and sell and/or save gold and silver. My Squidoo articles and YOUTUBE VIDEOS discuss how to make money buying and selling gold and silver items. Yet investors are not focused on earning income; they want physical gold and silver--lots of it. Assuming you are one of them, I want to tell you how to invest in gold and silver below wholesale--even for FREE! GOLD VS. SILVER
A Heavily Invested Debate
Gold is more valuable by weight, and touts a certain prestige. In fact, some investors view silver as the poor man's gold. However, silver would be easier to use as currency (especially silver coins) is the event of a monetary collapse, due to its lower value.
Which do you prefer as an investment
Gold
AndyPo says:
I like both, but silver tends to be more volatile: great for trading, but gold makes excellent portfolio diversification and insurance.
Mark K says:
I like both but prefer gold. It's more valuable.
Silver
private-gold-and-silver says:
I like silver simply because it is currently way below historical values when compared to gold. Traditionally the gold/silver ratio has been around 15:1 (gold has been 15 times more valuable than silver - because there's 15 times more silver available). Today that ratio is around 50:1 and the available silver reserves are being depleted. Silver has a much greater upside potential in my view.
says:
I prefer Silver as it's undervalued compared to Gold. Silver is also consumed by industry so as resources deplete the price should skyrocket. Probably not something I will see but my children will benefit ;)
INVESTING IN GOLD AND SILVER
The Cost
Normally, investing in gold (and even silver) costs a bundle. Precious metals are a sound investment but expensive. Investors buy BULLION AND SILVER COINS at market value and hope for future gains. Many even pay premiums--more than the physical gold or silver is actually worth. The high price means they are starting at a negative profit. In most markets, they need to wait a very long time before their gold investments and silver investments are worth more than they paid. Furthermore, when they finally sell, most of them will be charged fees or commissions by their buyers. Those additional costs cut into their hard earned, and long awaited, profits too.On the other hand, I can teach you how to invest in gold and silver without going broke!
THE GOLD BUYING BUSINESS
The Gold Buyer's Advantage
GOLD BUYERS regularly purchase gold and silver significantly below market value. How far below? I paid around 70-75% as a professional--a very competitive rate--but many pay less. They buy people's gold and silver scrap jewelry, coins, and bullion. (Buyers often pay more than 75% for coins and bullion, but still below market value.) Then they sell it: just below spot price or even at a premium.As a successful gold buyer I dealt with heaps of gold and silver; it was easy to acquire. I earned a comfortable living from it, but I could have kept it as an investment instead. With a little work you can build a HUGE gold and silver invesment for your future. Forget full price investing and "buyers' clubs" that offer miniscule discounts. The three methods below will demonstrate how to invest in gold and silver the $mart way.
INVEST IN GOLD AND SILVER
The Essential How-To
Entrepreneurs and investors will enjoy the BENEFITS OF BUYING GOLD AND SILVER. If you know the secrets of gold buyers, you will attract plenty of eager sellers. The main difference between the investor-buyer and the entrepreneur-buyer is what you choose to do with the items you purchase.
1. Retain all the gold and silver you buy, as an investment, instead of selling it. Since you paid less than the market price for it, you have profited already. Then any market price increases will be like icing on a cake.
2. Keep just a portion of the items you buy. Your profit from the rest (when you sell it to be melted) will cover the cost of the portion you kept. This way you are investing in gold and silver for FREE.
3. Save a smaller portion and sell the rest. Then you will end up with gold and silver and a profit. That's like getting paid to invest in gold and silver! What could possibly be better than that?
IT REALLY WORKS!
For investment purposes, it doesn't matter whether you retain bullion or scrap jewelry, or both. It's all physical gold and silver that you can sell at any time (my book tells you where). If you prefer to buy coins, bars, ingots, and rounds exclusively, then market yourself as a bullion buyer. You'd be missing out on lots of deals, though. My book, SECRETS OF A SUCCESSFUL GOLD BUYER explains everything you need to know to get started right away.
LEARN MORE
Secrets of a Successful Gold Buyer
I have provided some background and outlined this investment opportunity above. But you still need specific instructions, and they won't fit into this article. However, they are readily available; you will find them in my groundbreaking book, Secrets of a Successful Gold Buyer.This is the first comprehensive book on gold buying. It provides step-by-step directions for buying and selling gold and silver items for profit. However, you can also use these secrets to invest in gold and silver in the ways I have described.
As a former professional I want to help others succeed too--this means YOU. So don't miss this unprecedented opportunity, BUY YOUR COPY TODAY!
Visit www.beagoldbuyer.com to learn more.
SECRETS OF A SUCCESSFUL GOLD BUYER
And a Couple of Companions
GOLD LINKS
For More Information
- Gold Buyer Opportunity
- Visit my site to read relevant articles, peruse the reviews, and purchase my book worldwide.
- YOU TUBE Gold Buyer
- Watch great videos about gold buying topics.
***Please "LIKE" them and "SHARE" them. Thanks!*** - Cash for Gold Wiki
- A basic breakdown of gold buying key points.
Google Blog Search
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Dec 21, 2011 @ 1:57 pm | delete
- I am seriously considering getting your book. You have posted a nice series of articles here and renewed my interest in buying scrap PMs. Do you cover risk management in your book? i.e. setting the buy price low enough to profit even in a falling market, while still attracting sellers.
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BEAGOLDBUYERdotcom
Dec 21, 2011 @ 2:15 pm | delete
- Yes, my book explains the details of calculating your buy price to account for volatility and other considerations. Furthermore, there are other ways to ensure profits in a falling market besides just decreasing your buy price. One method is to use the lock-in privilege, and my book thoroughly explains this too.
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Dec 21, 2011 @ 2:36 pm | delete
- Great stuff. You are obviously well versed in internet marketing etc. and I see you cover marketing in your book. Do you cover marketing from an online perspective? I have web design and SEO experience so this would appeal to me as my primary method of attracting sellers.....also I hate having to sell my services.....them coming to me is much more attractive. Also (yes I will buy the book!) how do you differentiate your self from the big 'Cash for Gold' players? Thanks for your insight and speedy reply.
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BEAGOLDBUYERdotcom
May 28, 2011 @ 12:46 am | delete
- If you choose to profit, in addition to investing, the IRS requires you to report any income in excess of $600 annually. My book explains how to record/track your profit with a simple ledger. At tax time you can report it on your 1040. If you set up your service as a business, the profit goes on line 12 for "Business Income". Otherwise, it goes on line 21 beside "Other Income". Your tax preparer will assist you with these steps.
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rockbridgeinvest
May 27, 2011 @ 2:55 pm | delete
- Even with great advice on gold trading you still need to be cautious. We are a person at the firm, when it came to tax time, get in to tax trouble not realizing all the risks. You can read about it at http://www.rockbridgeinvest.com/tales-from-the-tax-prep-front-lines/.
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by BEAGOLDBUYERdotcom
As a former professional cash for gold buyer, I wrote the book, "Secrets of a Successful Gold Buyer" (available worldwide). This groundbreaking... more »
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