Investing in gold or silver can be both exciting and profitable. But this form of investing is not for everyone. While it sounds simple, the wrong decisions can be financially devastating. For this reason, you should learn how and where to buy gold or silver and how to make secure transactions. Let's begin with the basics. Gold and silver are international commodities that trade on a daily basis. Their prices are largely determined by the value of the US dollar and world events. This is nothing new. Since ancient times, gold has been the basis of the world economy. When the New World was explored by Spain, special mints were made to create Spanish gold and silver coins. During the 1800's gold traded at $20 an ounce. That price rose to $35 per ounce in the early 1930s. When former US President Franklin Delano Roosevelt stopped people from owning gold coins, many of them were melted. In the mid-1970s, it became legal again to acquire gold and its price then rapidly adjusted to about $200 per ounce. In 1980, it reached $800 an ounce and later crossed over the $1,000 mark. Gold collectors today have the option to purchase gold coins, gold bars as well as silver coins or silver bars. The ideal way to buy gold is in person with cash. For your protection, buy only from reputable dealers. You'll find many reliable gold and silver dealers throughout the world so that should not be a problem. Sometimes all it takes is to open up the phone book or visit a local pawnshop. Do a little research or ask for referrals. Family, friends or business colleagues are other sources of information These are just some of the easy ways to buy gold or silver. Let our 22 years of experience work for you. Contact us at AssuranceTrading.com anytime to find out why Gold may be a good choice of investments for you.
"How to Invest In silver And gold"