Your Questions About Invest In Gold And Silver

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Joseph asks…

Is Gold Silver Bullion Something That Is Affordable?

I have been hearing about gold and silver bullion as a great thing to get into. I was wondering where can you find an affordable deal on buying these precious metals?

Justin answers:

It really depends on what are the ounces that you are looking into buying. Here is a site that talks about gold and silver bullion coins that you can check out:

http://goldsilverbullion.blogspot.com/

I think personally that investing in these metals could be a smart decision over paper money. I recommend also checking at your local antique store or coin shop for rare coins that have silver in them. I know the silver mix before1964 is about 90/10 and after 1964 it is about 70/30 of a mix. A one ounce gold coin is worth about $1100.00+ and rising so that could be a great investment down the road if gold continues to soar.

Daniel asks…

what are some online sites that are reputable to buy gold bullion or coins?

just need websites that are reputable to buy gold/silver bullion or collector coins. i’m just worried of coins or bullion being faked. how do i know its real gold or real coins?

Justin answers:

I know a website you can buy those. It’s reputable if you just want to buy or be involved in their business too. But they have a lot of resources on their site for you to figure out real ones from fake ones.
It’s very reputable and that’s where I buy my Silver coins (best time to invest in Silver). You can either buy one time or become a member and buy each time at a discount, whatever floats your boat 🙂

Good luck!

George asks…

What are good companies to invest in at the moment?

I am playing a stock market game for school. We shorted a gold and silver company which earned us a lot of money till the market started going up last week. We need a new company to invest in. PLEASE HELP ASAP!

Justin answers:

The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody’s got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.

That’s the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won’t lose money. It’s just that these stocks are the best. They pay good dividends too.

Michael asks…

Where is the best place to buy silver and gold?

Also, what choice of gold and silver to buy? I would like to take possession and be able to spend it as money in the event the dollar collapses.

Justin answers:

The most practical way to invest in physical gold is in the form of coins such as the American Eagle or the Canadian Maple Leaf. These are as close to pure gold as you can get, and you can keep a considerable number of these in a safe deposit box. You should be able to buy them from a bank.

Steven asks…

Can the Canadian goverement confiscate silver and gold?

I’m 16 and working, I would like to invest all the money I make this summer in gold and silver. I recently did some research and found that the American government has the power to confiscate gold. I would like to know whether this is false, and also whether the Canadian government has the power to confiscate gold to.

Justin answers:

The American government can actually confiscate pretty much anything that you have. A lot of people don’t realize it but personal property rights are the weakest under American law in the free world such that all dictatorships copy US law verbatim in order to have totalitarian authority, mind you most dictatorships in the world were also established by the US military and hence their countries laws and government structure are patterned after the US.

It’s interesting that the tax haven countries except Switzerland and the Isle of Man, all copy their corporate laws from Canada, specifically Ontario provincial law in order to encourage a finance and banking industry.

Canada does have more protection for personal property though some property such as real estate can still be taken if it serves the public good, of course the owner is to be compensated at fair market rates.

Recently, Canada’s laws have been considered increasingly outdated in the new information age so there’s been a lot of emphasis on revamping it, particularly with respect to privacy rights.

Of course, gold and silver really isn’t an investment as intrinsically gold doesn’t earn a profit. Such commodities can be traded for extrinsic speculative value which is why they’ve gained over the last few decades and often serve as a hedge versus inflation or public policy but intrinsically they depreciate. You would be better off with a portfolio that’s 25% large cap blend and 75% investment grade bonds.

Charles asks…

I want to get current gold rates in Chennai or Mumbai live on my mobile by sms. How can I get it?

I wish to invest in gold at an optimum rate. But it is difficult to know the current market rate throughout the day and the rate keep fluctuating. How can I get it live on mobile by sms?

Justin answers:

Aadhil SMS for Live Market Rate of Gold Silver CrudeOil and More
on Your mobile
Call Me on Number 09895880754

Ken asks…

Where can i buy gold and silver? I want to buy coins, maple leafs, krugerranders, i need to save my money?

I want to buy gold coins. And Silver coins.

I need to save my money by investing in these raw materials. I need to buy maple leafs, krugerranders or kookaburra coins. Please guide me to the best sellers? I didnt find alot of trustworthy ones on the internet. But I need my gold!

Justin answers:

I’ve used California Numismatic Investments. Found them to be totally reliable with good prices. Here is the website:
www.golddealer.com. They also sell silver, platinum, and paladium ( not spelled correctly).

If you are interested in investing in gold without taking possession, you might also look at these sites:

www.everbank.com ( They sell a gold CD and a silver CD)

There is also a gold exchange traded fund you can purchase if you have a stock brokerage account. It is offered by Ishares, and the ticker is GLD. The silver exchange traded fund ticker is SLV. So, there are a lot of ways to invest in the metals, without trading futures contracts!

James asks…

What’s the best investment this and next year?

I’m considering investing in gold and/or silver. Is that a good investment in 2012/13?

Justin answers:

In the short term, the best investment you can
make is in yourself. Learn all you can about the
world of investing and you wouldn’t have to ask
if gold and silver is a good investment. They should
be only a small part of your portfolio of investments.
Check out this link about investing.
Http://www.ehow.com/topic_558_investing-for_beginners.html

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